# AFENA
Marion, IN · NCUA charter 12153 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/afena-12153

Who the members are: federal charter, community charter, organized 1958, low-income designated. 9,103 members of 160,462 potential (5.7% of the field); checking penetration 51% (share draft accounts per 100 members); loans per 100 members 67.

**Verdict on the desk:** this could be *stressed*. Composite score 9 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $96.2M |
| Members | 9,103 (2.2% YoY) |
| Full-time staff | 29 |
| Net worth | $11.1M |
| Net worth ratio | 11.5% (p36 of band) |
| ROA (annualized) | -0.16% (p11 of band) |
| Total delinquency | 1.48% (p86 of band) |
| Net charge-offs (annualized) | 1.21% (p92 of band) |
| Loans / shares | 71% (p70 of band) |
| Cash / assets | 19.7% |
| Borrowings / assets | 2.91% |
| Net interest margin | 3.80% (p57 of band) |
| Operating expense / assets | 5.38% (p91 of band) |
| Vehicles % of loans | 57% (p72 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 52% |
| Third-party paper % of net worth | 158% (p91 of band) |
| Vehicle delinquency | 1.38% (p80 of band) |
| Vehicle NCO | 1.64% (p91 of band) |
| Repossessed % of vehicle book | 0.24% (p92 of band) |
| Real estate % of loans | 24% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 16% |
| Commercial % of net worth | 6% |
| Core shares % of member funds | 56% |
| Certificates % of member funds | 27% |
| Average share balance | $5,141 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $5.5M |
| Loans outstanding per 100 members | 67% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $9,786 |
| Loans granted, annualized | $18.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $5.5M outstanding purchased (49.6% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -4.4% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **loan book shrinking** (`shrink_loans`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 2 | auto monoline |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | auto monoline |
| 2017-03 | 2 | net worth falling |  |
| 2017-06 | 1 |  | net worth falling |
| 2017-09 | 2 | auto monoline |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 4 | delinquency 2x band, delinquency rising |  |
| 2018-09 | 2 |  | delinquency 2x band, delinquency rising |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 3 | charge-offs p90 |  |
| 2019-12 | 1 |  | auto monoline, charge-offs p90 |
| 2020-03 | 3 | expense trap, delinquency rising |  |
| 2020-06 | 4 | margin squeeze |  |
| 2020-09 | 5 | net worth falling |  |
| 2020-12 | 4 |  | expense trap |
| 2021-03 | 4 | thin capital | delinquency rising |
| 2021-06 | 3 |  | net worth falling |
| 2021-09 | 2 |  | thin capital |
| 2021-12 | 1 |  | margin squeeze |
| 2022-03 | 3 | delinquency 2x band, delinquency rising |  |
| 2022-06 | 3 |  |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 | auto monoline | delinquency rising |
| 2023-06 | 4 | thin capital, net worth falling | delinquency 2x band |
| 2023-09 | 3 | losing money | thin capital, net worth falling |
| 2023-12 | 3 |  |  |
| 2024-03 | 3 | net worth falling | losing money |
| 2024-06 | 3 | losing money | net worth falling |
| 2024-09 | 2 |  | losing money |
| 2024-12 | 2 |  |  |
| 2025-03 | 3 | losing money |  |
| 2025-06 | 2 |  | losing money |
| 2025-09 | 4 | delinquency 2x band, delinquency rising, loan book shrinking | auto monoline |
| 2025-12 | 8 | losing money, expense trap, charge-offs p90, assets shrinking |  |
| 2026-03 | 9 | net worth falling |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2022-05-02 [Afena Federal Credit Union breaks ground to begin construction of new corporate headquarters - CUInsight](https://news.google.com/rss/articles/CBMizgFBVV95cUxNSlNCaWk5MjFKYjhwTzRTVG1aMENVNk1NV2MyMjJJb1JxZWlETnBrbDA2SGlvUnd4cnNPUjRlM0ZWTWVoRXRvMHVwMFdIQmRmNDE3eFJlamVBUmFOVG84NlRKcENnMzJhMGlleTFNcUhya2VMUWtaX1VaeWJIeDM0ZUNEVlR5bXZOZU9QMG50LWJIajJLQ2psTDhVdlVxWmlWUVE4R05vMXZCa0p3eTk2ZG82NWs3c2NZbXZSd1d2bGJuUmszcHJqenNZVTkwUQ?oc=5) · CUInsight
- 2021-03-16 [Grant County Organizations Create Loan Program To Replace Emergency Payday Loans - WFYI](https://news.google.com/rss/articles/CBMiugFBVV95cUxPcWdCLUwxRmZHWlJfWDJ0U3VMTjNCYVlBUmZvZFpqMEo2YUItd2wwUmFfN1lZVnRFdkVFb3Q4cmUtYy0zRmtIUUZUTmQxR1VTd0l3cElDU3p5d2NRSlFtc0FuY0xYZFFwQ0Z3TEhkOE92dVhiT2tCSkxCTDlBTW1vdERxWlRTTnphRGZEbThmR3lNTjY5WWVoQUpOd25vTVBrazExYUtSUlF3WFdPQWxvbDc0QUY3N2ZHOXc?oc=5) · WFYI
- 2016-05-31 [UPDATE: Police arrest suspect in Marion bank robbery - WTHR](https://news.google.com/rss/articles/CBMizAFBVV95cUxQSmNDWjZYbXlhMHR2TE9MbE00VFpCR01HNGpDendYb1dibGtZRi1BRUxuSnNOek1PdEdsN3hFZ203c3VHb3lFNC1SeVBNeDJFUnJzekJuN0dlV3NlSm9tQzZvMUFYUnE2SjhNQ1ptVVdJYVo0X1liWWFmNGtjTGtuaW01TjZmeWlhek5GSDBiNktGR1NQUnd1Wno4NC0zTllqa2dIYlo3eHVRcHZYWERYdzFUSzY3bVRHYkxnUnY1SUFZR1N0a3RfYW5KbzY?oc=5) · WTHR
- 2025-12-11 [Madge Harrell Obituary Dec 11, 2025 - Armes-Hunt Funeral Home and Cremation Services](https://news.google.com/rss/articles/CBMibkFVX3lxTE9NcFowMnliUE1kcm5uN1FXZ19SbHlmOXpUWDdfWThQSzJzQl8tZjBXVkt5Nkp4YndWdWZybFlwWDdjVFEzRDdqYi1JWWlucUdrQlF3QzNNZVJDcGlBTFpKemFJNWRlOWVNSnk5cTFR?oc=5) · Armes-Hunt Funeral Home and Cremation Services
- 2026-07-02 [Carolyn Rogers Obituary (1931 - 2026) - Marion, IN - Chronicle-Tribune - legacy.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxOTFVsMUtZUW4tV3pPOUZVQmJmQkIxM0l1ODFJb3lLdmFWWDFqOXpHbUtxbTJER0FQQXNLajhuQ1pVSnM3WHlxbE9JVC1hN081RVQ0WF9RRmoyd3haaTZ4QkdhREZiaDFEczl0aUU4WmVYT0ZBVjAzbTFNYVVlLWhSWi0yV08yV1lWdmc3U045VTFJelo1UHhZd0pUOA?oc=5) · legacy.com
- 2016-06-01 [Bank robbery suspect found hiding in closet of trailer - WISH-TV](https://news.google.com/rss/articles/CBMijgFBVV95cUxNVXFCZ21EaWhtMjBpNDN0X19aRjRtMU5JQnN5ZVFaZU95OGZtQ2x0N3p4aUh1RHUtdmFpNnE1c1lVT2ZxTllvZGxIQkpiVHJmRVltMzhLcEllLWVfQXVQWWt1TElRc3dKdDduamt5QkNoUXZzdHB3NjJBQ3gtNDVDYXJoU2xkcWhCVFRzWnZR?oc=5) · WISH-TV
- 2019-01-29 [Marion Police arrest credit union robbery suspect - wowo.com](https://news.google.com/rss/articles/CBMidkFVX3lxTFBuVlNWaXoxNFhGOE8zUTNWR0JSUW1zbEdETUMyTlFoZ2Q2ZzJUNEVKLWZJemFWVkpXbEdCMVpjSXdIelMyTEFmemNFWGRMNndTc2VYVjFGR3NMdFIwX2ZBRy04Z3FrNnhSUlJZS08tLU5zd2VhaUE?oc=5) · wowo.com
- 2026-08-20 [Sandra Sue Gutierrez Obituary | Needham-Storey-Wampner Funeral Service | Marion, IN - Tribute Archive](https://news.google.com/rss/articles/CBMie0FVX3lxTE9FT1JEcEtVWVlBb0ZyTFBMRXdZekFSZ21pWHpPcEtsZHJaWGh1T2VyRXpKNzJLU2cta2hsZThaNTFDZ2Y1OHk2SlRCWTBvX3dCeWZBb0tmVlVTY29UMWlPaTZnOGJxSGxsTWxrQVEtRHhMelJxMFdCNTRVbw?oc=5) · Tribute Archive

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=12153 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/57.json (key "12153", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=12153
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide