# CHARTWAY
Virginia Beach, VA · NCUA charter 13242 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/chartway-13242

Who the members are: federal charter, multiple common bond, organized 1959, low-income designated. 260,806 members of 8,430,998 potential (3.1% of the field); checking penetration 38% (share draft accounts per 100 members); loans per 100 members 55.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $3.29B |
| Members | 260,806 (-3.4% YoY) |
| Full-time staff | 570 |
| Net worth | $267.4M |
| Net worth ratio | 8.1% (p5 of band) |
| ROA (annualized) | 0.45% (p26 of band) |
| Total delinquency | 1.19% (p87 of band) |
| Net charge-offs (annualized) | 0.81% (p77 of band) |
| Loans / shares | 92% (p66 of band) |
| Cash / assets | 7.7% |
| Borrowings / assets | 1.97% |
| Net interest margin | 3.64% (p71 of band) |
| Operating expense / assets | 3.49% (p65 of band) |
| Vehicles % of loans | 39% (p76 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 87% |
| Third-party paper % of net worth | 427% (p95 of band) |
| Vehicle delinquency | 0.76% (p63 of band) |
| Vehicle NCO | 1.62% (p77 of band) |
| Repossessed % of vehicle book | 0.15% (p72 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 17% |
| Commercial % of net worth | 24% |
| Core shares % of member funds | 42% |
| Certificates % of member funds | 31% |
| Average share balance | $7,213 |
| Participations bought / yr | $20.0M |
| Participations sold / yr | $192.9M |
| Participations outstanding | $212.9M |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $18,670 |
| Loans granted, annualized | $992.2M |

## Participation posture (from the same filings)

Bought $20.0M and sold $192.9M in the latest annualized quarter; $212.9M outstanding purchased (79.6% of net worth), $25.5M sold and retained. Sold in 8 and bought in 7 of the last 8 quarters. Shares 2.7% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 2 |  | auto monoline |
| 2016-09 | 3 | auto monoline |  |
| 2016-12 | 4 | delinquency 2x band |  |
| 2017-03 | 4 |  |  |
| 2017-06 | 3 |  | delinquency 2x band |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 4 | delinquency 2x band |  |
| 2018-06 | 4 |  |  |
| 2018-09 | 5 | delinquency rising |  |
| 2018-12 | 4 |  | delinquency rising |
| 2019-03 | 3 |  | thin capital |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 6 | thin capital, net worth falling, charge-offs p90 |  |
| 2020-09 | 5 |  | net worth falling |
| 2020-12 | 6 | loan book shrinking |  |
| 2021-03 | 5 | net worth falling | charge-offs p90, loan book shrinking |
| 2021-06 | 4 |  | net worth falling |
| 2021-09 | 5 | charge-offs p90 |  |
| 2021-12 | 5 |  |  |
| 2022-03 | 4 |  | charge-offs p90 |
| 2022-06 | 5 | charge-offs p90 |  |
| 2022-09 | 5 |  |  |
| 2022-12 | 5 |  |  |
| 2023-03 | 4 |  | auto monoline |
| 2023-06 | 4 |  |  |
| 2023-09 | 5 | delinquency rising |  |
| 2023-12 | 5 | net worth falling | delinquency rising |
| 2024-03 | 5 | delinquency rising | net worth falling |
| 2024-06 | 5 |  |  |
| 2024-09 | 4 |  | delinquency rising |
| 2024-12 | 4 |  |  |
| 2025-03 | 4 | net worth falling | charge-offs p90 |
| 2025-06 | 4 | loans>95% of shares | net worth falling |
| 2025-09 | 3 |  | delinquency 2x band |
| 2025-12 | 4 | net worth falling |  |
| 2026-03 | 4 | members leaving | loans>95% of shares |

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

- 2026-08-30 [Banking | Finance 2026: BRIAN SCHOOLS - Virginia Business](https://news.google.com/rss/articles/CBMickFVX3lxTFBOSG10VF9yckt6TkJTM09WX1hoRWs1UFJ2eWhmRHl5aEtzNDVVZXEwMm1OS0RnNVJVZWczV2k3MEZtNHVYSHBfRm5nRG9XVkxTMks0bWlHNzlWOF9vTnFhT1Nic1RlT2hMSTFpWTRsNER0Zw?oc=5) · Virginia Business
- 2026-04-20 [Two men arrested after robbery at Chartway Federal Credit Union in Norfolk - WAVY.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPMFBXSGFwcFZEVmJEUDdsQTZ5SWVQWm1hMHpYaXk3eGU0TVp4SUhiWXFHRVMybk0za2VfcC0tazR1QTJRUlp5dkRBNEY3b05oN2szYjNiZHNZbzhfYm5Yb2MwdzF3YllER20tZnVxdk1kaUpRUXBzUFowTXIzcVBnQlBuaVRONXhkVjZ30gGQAUFVX3lxTE4zRTNFWGEyMnJTSlRPdWlQZk9RblBoSHRNSHFXR255eWJDQVRScWhsdHZuUXNOY0Q0VGRXMTEyblFBd2R4VE01S0Jpd3FDcHRFbWI5Si00V1FhdVY0YW53aTl4TElVNUR6eE9VT0d4b19NaXdLbTRyUEVpeDY4RURva2RHVGl3MGY2d1BnUGdLMg?oc=5) · WAVY.com
- 2026-07-10 [Chartway Opens Virginia Beach Town Center Branch As Expansion Continues - cutoday.info](https://news.google.com/rss/articles/CBMiswFBVV95cUxNVC1teFVITkk2dVljdUkxdHV3bDNxUDA4bXNmMDhtX3dDRjhwUWdIMzg5aFFWclVrNHRoY1dtZGRIcGczQ2ZybTFkRGh4U0lNaUVjMHBCX013TlZhQ0lOa0Zxd3YwcVlsVUJ2c3Z2dXBTVkxtR1hSWUJEdmRCN3pOTkdsX3NrNlcwWmVXcE8xN28xd2xuWmNqdDB4YVhma3l2eUQtYVVZZ0lTNkM1WERPWFFqWQ?oc=5) · cutoday.info
- 2025-10-14 [Chartway Credit Union welcomes Jhae Smith as Vice President of Commercial Lending - CUInsight](https://news.google.com/rss/articles/CBMivwFBVV95cUxOajNsYWV3eVBsempoSXp5c2dlSjhBRzlJTlk0ZVN0dDZ4RmI5MEdDYzJGVGU0SFVFMFktY1hEMjB3bkk5MXpHZnc2blZzaUYtR29xdXhYQjFjd1lDNUU1NlhfOW1VSTBuTjBmMFR4Umw3aFRILWpuWVBjdXNsaWlpNy1sZ0RHUjB2d1Y0MUcwa0tubHNQd21yNW5oblMtaUZGaU5BVzd5LVJYeTdib2M4RzNhYl9wTHJJQ1UxQm9DTQ?oc=5) · CUInsight
- 2025-12-01 [Virginia Beach police seek suspect in attempted bank robbery on Kellam Road - 13newsnow.com](https://news.google.com/rss/articles/CBMikAJBVV95cUxOSnE4eHhQRlUwdnZzdERPaWJ3RTg3RVNBa0ZVMnNPbGxtajYtNkxQTlZrN3FpWkxrcnk5NFJQeWt2bjY0aUtFMGNySmpnY1A2MXpCNzVVNEU1UVU1ZFRndkVxbUl5Qjc0ZTBrQjNRQWhlY0x4UzlqeWtVbHFWTy1hOThZVFgwREdzM3p6SmN0ZE8xM1V6cmdTNGtlX2dVWDRQMnl4Vm5BX0xjeF9oZHBaSTNsaDQyMFM3d1FPMkRJX1N1eEZoOGZxTGVYcXBhdkVNWk9sRWdWbzhfMjYwcjJIQzkxZ3FaWV82TXFJNEhrSDlKU2VpQThXVlAxS3BDVXd1WG5OeDRMWkVTTGR4Ul82Nw?oc=5) · 13newsnow.com
- 2025-10-23 [‘Relator at Heart’ Lloyd Watts Brings Genuine Care to Executive Retail Role - CUTimes](https://news.google.com/rss/articles/CBMirgFBVV95cUxPYUFNWS1rQ2t1Tk9zamdCM25jNkdiNlVKbEItVzltemtOeUVLeFFHMUgyMThjMDNoYjFBbmd6QUM1RWtTM3BOS2I0SVNMTnRCX05pVjNYb1dtYjlZc3B1ZmNkTXAxUS1aY09CWXJiaGlfLWFVc2lVcWlTYmlQYjEtcnFQblVBbGEwRzhFMGhMdTNXQVpENS1CVmZmZ2o3Wl9LalUxTHRKMUs4NUc5c0E?oc=5) · CUTimes
- 2025-10-06 [Chartway’s chief people & culture officer Rebecca Riordan named a Virginia Business Magazine 2025 Women in Leadership Award honoree - CUInsight](https://news.google.com/rss/articles/CBMi_gFBVV95cUxOVTd3ZmtFT3JMU3duUEYtNF9GQUlCb1lpaHNJMGl4Tmpackp4OGdWT0RlTS0yNC1LUWp5cWZNeXFEMHhpa0ctYjhEUnNja2lLVVZWTjZ1Sm5FWERCbmF3em1pWVhJemRBQ29Fc2ZCajlPU3duZ0RRMHoxSER0YXUwOFBXMEluSTA3dFhGcEYwalpDZ1JrUksxQnhweGhpUzROOEdnbzVWeWhIUTB0bVZGTS1hUjVOWHJoY3lnRm9wN0wta1ozdFZ2RElLX1dsZ2NHTTg4b0dPVzg4bkpzS01nTTk0MnZHS1NKRXNaay1DdVhRZTJWUDRRcTBrdEhCUQ?oc=5) · CUInsight
- 2025-10-16 [Chartway Credit Union Names Jhae Smith Vice President of Commercial Lending - cutoday.info](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQZ041bkFVLVEtSnU3MTQxZHNIeFM4bjhXcVhuOHFReWk3LWFZbzI4dXFuSkhJX2o5UjBwa0ZHQ1ZBcWVCNzBUX3E2Q1pZTWxoYjFWSWMwWUdhNE1mVS1BZF9pMnR3Y3c3ZUNtZFFsRlhSV2FXQld5aUNaek02UkRSS2NvX2VtLUtLX1lhdGlpeFBlUVBKMllGUTlBeDNseXNxMW9tb01LQ3Z3eXBJRmM3RWpEeGpnY3FC?oc=5) · cutoday.info

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=13242 (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/58.json (key "13242", 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=13242
- 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