# CITADEL
EXTON, PA · NCUA charter 2099 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/citadel-2099

Who the members are: federal charter, multiple common bond, organized 1937. 285,311 members of 2,532,332 potential (11.3% of the field); checking penetration 57% (share draft accounts per 100 members); loans per 100 members 60.

**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 | $6.77B |
| Members | 285,311 (6.4% YoY) |
| Full-time staff | 667 |
| Net worth | $630.9M |
| Net worth ratio | 9.3% (p19 of band) |
| ROA (annualized) | 0.44% (p25 of band) |
| Total delinquency | 0.30% (p14 of band) |
| Net charge-offs (annualized) | 0.42% (p38 of band) |
| Loans / shares | 104% (p95 of band) |
| Cash / assets | 6.5% |
| Borrowings / assets | 5.54% |
| Net interest margin | 2.61% (p13 of band) |
| Operating expense / assets | 2.57% (p19 of band) |
| Vehicles % of loans | 26% (p48 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 92% |
| Third-party paper % of net worth | 249% (p76 of band) |
| Vehicle delinquency | 0.59% (p52 of band) |
| Vehicle NCO | 0.86% (p43 of band) |
| Repossessed % of vehicle book | 0.00% (p11 of band) |
| Real estate % of loans | 60% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 76% |
| Core shares % of member funds | 59% |
| Certificates % of member funds | 32% |
| Average share balance | $9,788 |
| Participations bought / yr | $134.8M |
| Participations sold / yr | $0 |
| Participations outstanding | $312.3M |
| Loans outstanding per 100 members | 60% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $34,513 |
| Loans granted, annualized | $1.37B |

## Participation posture (from the same filings)

Bought $134.8M and sold $0 in the latest annualized quarter; $312.3M outstanding purchased (49.5% of net worth), $3.5M sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 9.0% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **loans>95% of shares** (`str_ltos`)
- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | loans>95% of shares, leaning on borrowings, 3rd-party paper>100% NW |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 4 | thin capital |  |
| 2017-09 | 3 |  | thin capital |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 4 | net worth falling |  |
| 2018-09 | 3 |  | net worth falling |
| 2018-12 | 3 |  |  |
| 2019-03 | 2 |  | leaning on borrowings |
| 2019-06 | 2 |  |  |
| 2019-09 | 3 | leaning on borrowings |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 5 | thin capital, net worth falling |  |
| 2020-09 | 3 |  | thin capital, net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 1 |  | loans>95% of shares, leaning on borrowings |
| 2021-06 | 2 | loans>95% of shares |  |
| 2021-09 | 3 | leaning on borrowings |  |
| 2021-12 | 2 |  | leaning on borrowings |
| 2022-03 | 2 |  |  |
| 2022-06 | 4 | net worth falling, leaning on borrowings |  |
| 2022-09 | 4 |  |  |
| 2022-12 | 4 | delinquency rising | net worth falling |
| 2023-03 | 4 |  |  |
| 2023-06 | 4 |  |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 4 |  |  |
| 2024-03 | 4 | net worth falling | delinquency rising |
| 2024-06 | 3 |  | net worth falling |
| 2024-09 | 3 |  |  |
| 2024-12 | 3 |  |  |
| 2025-03 | 4 | net worth falling |  |
| 2025-06 | 4 |  |  |
| 2025-09 | 3 |  | net worth falling |
| 2025-12 | 3 |  |  |
| 2026-03 | 4 | net worth falling |  |

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

- 2026-09-02 [Citadel Credit Union Closes Record $50 Million Commercial Real Estate Loan for 2000 Market Street - PR Newswire](https://news.google.com/rss/articles/CBMi5wFBVV95cUxNYlAxVlc2UVF1bXg1alJlWTdJRk9WRHdkbE1OaWtMdkF1SGRvNDRxbzFTNk03OGYtanhXX3hjeUVfSnp3Ums3UHI3TzNQOHVKejhjemJhdDZxUTBpb3lQdnN6VXE0ZHlBTUxaMXBocG05NkNnWkRXUVZlVmhVdmh3a213bXVqeWZvSkN2bURrMUdBU04xVTdIaFgzUElueUdMNURlMkFuSTYteGdQT2JrZkd2WDFQNy1qSVZjUkVXTFYzbkhSVXpJSVY3Z2xOYzZpU1V3Z0VfREI3Z2RDekpuMDdnelpOdDg?oc=5) · PR Newswire
- 2026-09-07 [Citadel Closes Record $50 Million Philadelphia Office Loan - MyChesCo](https://news.google.com/rss/articles/CBMioAFBVV95cUxNNW9wZjRKQnFXbWo3Wml0U3BfOTB4cmZDeVFhRkJUclVQbThwR3JPa1RGRGd2aGpfMkdxYTRZZDB1aHZjRmdReFNYcmtXdlpZMEdEc1BJVFpwdjA1WG1FYTZFU0xNSXhKMmRqZ1pHckhidmpOZ3Btd2ZPakJqQmJfM0ZSSDF0TXJqN1ZRWUpUdjRmQjRFakZNT1k4UHhuQ3dZ?oc=5) · MyChesCo
- 2026-07-21 [Citadel Credit Union Named Official Credit Union of Drexel Athletics Through New Multi-Year Partnership - Learfield](https://news.google.com/rss/articles/CBMi1AFBVV95cUxNdEZvM3dsSnlHWjNhXzZHeXRRZzFCenpoSFBYeEY0bEJYemFubHdYRlM3ZDhKbjZYWVFjZVhBUUJmWGlmdmRnNGRxOFFQM0h0OVlhVlZxTDRlSDZfX2h2WmdiMFhRX3lTcXZ5X3Z5X1YzMTdRZDVJSUlOLXpfYmd0clh1ZmNvaUdQejFfTXgwOFZOMUk1NDVLaFAwUnFIRVlRVFB2b2VKb2FLQ3FkUDFPTktieUJFZlJpV29VLVpZS2xzUndKclBDd0N6UHpndjJDZ29TQQ?oc=5) · Learfield
- 2026-08-12 [Citadel Credit Union's growth in Philadelphia continues with plans for third city branch - The Business Journals](https://news.google.com/rss/articles/CBMirAFBVV95cUxNajl4bXM0ZWp0S3hpUXBHUlAtVHNibHlZa2U3MmtSUHNTQndmdE9uSS1FNTRPVC1aa1VMVEt4SjRmV29UUkpDZmRUVmc3emw1QW1RLVM2NnJqcVh2cHBvR2dtbjdRRFM0bzAtNXQxNGlFVFJvTWRBZE42NG1yemZCODNOcmZwT3ZrakxvdVBkNU5mWmY1UXB1UVJ6STdLcDAzTWxkbWxWbWVzZkcx?oc=5) · The Business Journals
- 2026-03-02 [Citadel Credit Union Completes Charter Conversion to Broaden Access & Support Responsible Growth - PR Newswire](https://news.google.com/rss/articles/CBMi5gFBVV95cUxNYjUtMVpuYV8zeWpra0NfekFBMWkzSGRrYndiM3p4Rm9lT2FEb3JjVkdfZVJkZkpDYVdDazVfR1pCNV94Q1VRM2dpck9yem9sYWlRT29Qdmx4bjFOWkdPZmFDaXA4TTJXd0FSdjV2N2pXZDJ4OUk4SjFPdmdnUlFxVlkzVDg2ZUpRSkMzV1ZqQ1QtaVUwbE9fVUVhbm1uU1dieFlDcTdRaER5NXk2TFk1T3JRLUxjcHYyZW1uS1pZdVVLMlpBYWRNNFAzU3lBQ2Q0djVObkVRbEVkV2JWM2UyVGc4WVdPUQ?oc=5) · PR Newswire
- 2025-11-14 [Philly-area credit union's focus on business loans pays off - American Banker](https://news.google.com/rss/articles/CBMimgFBVV95cUxQbEliQUI5ejYzMWdiMFE3VE1ZSEo1bnM1M0dJeW0yVVBWeDBTZUxYSndhY0JIN0V6b0pOel9KM1A1dk1yZUw3ZFNWZEVma0RzeXhwTUx4ck5qQ2RWekVHR3VRQ0doOS1xNmNMZTNtVlVQdzBQMFpvNjlROV9NbHVpbXlGUVZiSWY2WnVhcGN6X3VHdF9vTW1hNjZ3?oc=5) · American Banker
- 2026-05-28 [Citadel Awards More Than $100,000 to Greater Philadelphia Teachers and Schools During 25th Anniversary Heart of Learning Celebration - Eastern Progress](https://news.google.com/rss/articles/CBMikAJBVV95cUxNT2M3ZHp4angybnY2WGg2Qmc0QzBHVmxCVzFIc1RNMGlPa2xHSDB5eVR2SEFnOC1yVzBoUWxZZEFuSEIzQllzX0dLYUpJallzM2p2MGM2c18xRnFvOXJVQVp0WTVXcFlmMGxza0hBeGw2TkYtQzFfU3hvMXY5dVFabi1hYWVoaU1iYjJLcFFSdHhaZ2IyVlpYbFA2amZ0U21URkhrR3lDQ1B6US13aHBPVENPTDVpc0F3TXBrZjZQYmNuV0ZaWVgxSnpCcU0zbzhwZzF6RVZuSXBrZUtTZ3IxeXlXbW91WFZCNHhiZHh6WndMSmMzRGpOcUlHZlFrWlJYcDQ5WEdvMGc0bFVnTDhKeA?oc=5) · Eastern Progress
- 2026-02-14 [New scam targets your credit card with a ride to your front door - New Jersey 101.5](https://news.google.com/rss/articles/CBMiXEFVX3lxTE1vaGtlSmxrQmRlaDZ2TzhUSmQ0c2FYV1JoZWExRnpJZmo2d2lPMU5JUHFlR0JPaGo0RDZHT3J4Y3ZpUFBuMmpZN3U5VG0tRE9JUVZCY3FMQzNaaXNv?oc=5) · New Jersey 101.5

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=2099 (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/51.json (key "2099", 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=2099
- 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