# VASCO
Latrobe, PA · NCUA charter 18301 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/vasco-18301

Who the members are: federal charter, multiple common bond, organized 1967. 1,818 members of 3,456 potential (52.6% of the field); checking penetration 60% (share draft accounts per 100 members); loans per 100 members 19.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $35.5M |
| Members | 1,818 (-1.3% YoY) |
| Full-time staff | 4 |
| Net worth | $4.2M |
| Net worth ratio | 11.8% (p29 of band) |
| ROA (annualized) | 0.48% (p46 of band) |
| Total delinquency | 1.34% (p69 of band) |
| Net charge-offs (annualized) | -0.03% (p17 of band) |
| Loans / shares | 18% (p5 of band) |
| Cash / assets | 82.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.21% (p6 of band) |
| Operating expense / assets | 2.03% (p11 of band) |
| Vehicles % of loans | 54% (p40 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.05% (p66 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 33% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 84% |
| Certificates % of member funds | 11% |
| Average share balance | $8,582 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 19% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $16,216 |
| Loans granted, annualized | $968,164 |

## Flags firing in the latest filing

- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 2 | delinquency 2x band, repo signal |  |
| 2016-12 | 0 |  | delinquency 2x band, repo signal |
| 2017-03 | 2 | net worth falling, losing money |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 1 |  | net worth falling |
| 2017-12 | 0 |  | losing money |
| 2018-03 | 3 | net worth falling, delinquency 2x band, delinquency rising |  |
| 2018-06 | 0 |  | net worth falling, delinquency 2x band, delinquency rising |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 3 | delinquency 2x band, delinquency rising, loan book shrinking |  |
| 2019-09 | 2 |  | loan book shrinking |
| 2019-12 | 1 |  | delinquency 2x band |
| 2020-03 | 2 | delinquency 2x band |  |
| 2020-06 | 2 | net worth falling | delinquency rising |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 2 | loan book shrinking |  |
| 2021-03 | 5 | net worth falling, losing money, margin squeeze |  |
| 2021-06 | 5 |  |  |
| 2021-09 | 5 |  |  |
| 2021-12 | 6 | thin capital |  |
| 2022-03 | 5 |  | margin squeeze |
| 2022-06 | 5 |  |  |
| 2022-09 | 3 |  | loan book shrinking, net worth falling |
| 2022-12 | 1 |  | losing money, thin capital |
| 2023-03 | 1 |  |  |
| 2023-06 | 2 | assets shrinking |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 1 |  | delinquency 2x band |
| 2024-03 | 0 |  | assets shrinking |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 1 | delinquency rising |  |
| 2025-06 | 2 | delinquency 2x band |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 0 |  | delinquency rising, delinquency 2x band |
| 2026-03 | 2 | margin squeeze, delinquency 2x band |  |

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

- 2024-03-16 [Obituary information for Raymond A. Jensen - Lopatich-Brinker Funeral Home](https://news.google.com/rss/articles/CBMifkFVX3lxTFB5aC1UTWdPYlhjTGxnTzBuRVJFRW9sQ0l4UlpkNGZwYml3SXhld1VnQlMzWDJGdE1xc2ZlYlQ2eEZweEM2Z3RFTThrUEZWYVl5UTlvUjY4T19NdTV6RDg5N2RWN0ZjcVdQUThfNUtlLUNjU3otWmhUaWY1ZHFkUQ?oc=5) · Lopatich-Brinker Funeral Home
- 2026-01-03 [John Richards Obituary (1947 - 2026-01-01) - Latrobe, PA - Tribune Review - legacy.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxQMWwtOVVLWGFxbnpyOU1XVTdqZnVBZ0lpempEaTRUY1RLU2prVmFhZ3dsM21fTjNGWE9EOGk3MkVaV2dEd19XWmxsOHlHQUphRVB3UlA1UHJ3Ni1FQTFOODEtdzg5UDQ4UE1hX0ttcEhoV0tFRUxTY2VVOTA3VmxMWDZxRkRIaHd4TXJ5MFVpN0plOWJySnpjRS1OalNxVDZ1YlE?oc=5) · legacy.com
- 2015-01-22 [Verd Vasco Dunn Obituary January 22, 2015 - French Funerals & Cremations](https://news.google.com/rss/articles/CBMiYEFVX3lxTE5mYWxHcUV5ZENyb1dwd2lpV0lkaGxnUDg1WUNxTU0xaS1UdHNwbVJPemxLUENLWVFhMUVMTTNTOGowZVhobFpDNmtaWlJObGZ5QTVXLU4xLUZxRXJrLVdSeA?oc=5) · French Funerals &amp; Cremations
- 2015-03-19 [Obituary information for HOWARD BUD CALDWELL, JR. - Lopatich-Brinker Funeral Home](https://news.google.com/rss/articles/CBMihgFBVV95cUxNeGNXY0U4MFBTd19yQTIyS3RRVGx5cUd1SzZuZktJajdLNV9HbS1kMzc5d3lhZjVQZVNHb25vWURnTnE5LWJCS1lkZEF1SnRkWUtfejRfdWpNQmthdkRNUXR3M0NKNjVNa01MMFBIT3pEcENqaTZWMU9PTHlNNG53SXZ4RDRGQQ?oc=5) · Lopatich-Brinker Funeral Home
- 2006-09-05 [James Martin Obituary (03/01/1914 - 09/03/2006) - Latrobe, PA - Tribune Review - legacy.com](https://news.google.com/rss/articles/CBMioAFBVV95cUxNX05xN1RrdkVNVG1CRVhkV2toTGxmVk9MTGNaalVKWmktcWJzOHBXRVRrVEFyNldJUmZKbHBPT2JORkRUbi1GQURwUVU4b1hqdXhWSUJsRUhpUGdMaTNla25WRDRYREpNcl8wMmFMSWs5NlZSclZqZ1hWdnRlbGRlMkVjSFZJVGEzU2I1U2dyaTZEOE80V1g3UUgyVXFfZl9i?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=18301 (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/61.json (key "18301", 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=18301
- 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