# ADVANTAGE
Rochester, NY · NCUA charter 24181 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/advantage-24181

Who the members are: federal charter, multiple common bond, organized 1975, low-income designated. 34,494 members of 980,000 potential (3.5% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 70.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $481.7M |
| Members | 34,494 (0.5% YoY) |
| Full-time staff | 100 |
| Net worth | $49.2M |
| Net worth ratio | 10.2% (p33 of band) |
| ROA (annualized) | 0.64% (p46 of band) |
| Total delinquency | 0.48% (p39 of band) |
| Net charge-offs (annualized) | 0.60% (p71 of band) |
| Loans / shares | 94% (p94 of band) |
| Cash / assets | 2.9% |
| Borrowings / assets | 14.99% |
| Net interest margin | 3.84% (p71 of band) |
| Operating expense / assets | 4.12% (p68 of band) |
| Vehicles % of loans | 36% (p55 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p9 of band) |
| Vehicle delinquency | 0.26% (p22 of band) |
| Vehicle NCO | 0.54% (p46 of band) |
| Repossessed % of vehicle book | 0.04% (p61 of band) |
| Real estate % of loans | 48% |
| Credit cards % of loans | 10% |
| Unsecured % of loans | 14% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 64% |
| Certificates % of member funds | 19% |
| Average share balance | $5,262 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.3M |
| Loans outstanding per 100 members | 70% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $14,272 |
| Loans granted, annualized | $88.9M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.3M outstanding purchased (2.7% of net worth), $5.8M sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 1.9% year over year.

## Flags firing in the latest filing

- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | loans>95% of shares |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | leaning on borrowings |  |
| 2016-12 | 3 | net worth falling |  |
| 2017-03 | 4 | delinquency rising |  |
| 2017-06 | 3 |  | delinquency rising |
| 2017-09 | 2 |  | net worth falling |
| 2017-12 | 2 |  |  |
| 2018-03 | 3 | net worth falling |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 2 |  | net worth falling |
| 2018-12 | 2 |  |  |
| 2019-03 | 1 |  | loans>95% of shares |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | loans>95% of shares |  |
| 2019-12 | 2 | net worth falling | loans>95% of shares |
| 2020-03 | 3 | thin capital |  |
| 2020-06 | 4 | margin squeeze |  |
| 2020-09 | 2 |  | net worth falling, margin squeeze |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | charge-offs p90 |  |
| 2021-06 | 2 |  | charge-offs p90 |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | net worth falling |  |
| 2022-06 | 2 |  | net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 3 | members leaving |  |
| 2023-03 | 5 | net worth falling, delinquency rising |  |
| 2023-06 | 4 |  | delinquency rising |
| 2023-09 | 5 | delinquency rising, loans>95% of shares | net worth falling |
| 2023-12 | 3 |  | members leaving, loans>95% of shares |
| 2024-03 | 3 |  |  |
| 2024-06 | 2 |  | thin capital |
| 2024-09 | 2 | assets shrinking | delinquency rising |
| 2024-12 | 3 | loans>95% of shares |  |
| 2025-03 | 3 | delinquency rising | loans>95% of shares |
| 2025-06 | 3 | loans>95% of shares | assets shrinking |
| 2025-09 | 2 |  | delinquency rising |
| 2025-12 | 3 | delinquency rising |  |
| 2026-03 | 1 |  | loans>95% of shares, delinquency rising |

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

- 2026-09-05 [Advantage Federal Credit Union matching donations for Clarkson fire victims still without homes - WHEC.com](https://news.google.com/rss/articles/CBMixAFBVV95cUxOc0NPclZwZEhFNTZtSzhpT1FjdkJ2d25CbjZ0M2pTVzdxQWVGWEY0dUtWZ2hhMHRLRnVGQjNhUDEyaE52bmVnU29VczNSZzdGbEIyb3ZiMFlac0x6ZHl6Nlk1blBvR2NVSTlkeEg0TjNUMktzOTA3ejNUdHhncURNMS1FdzY5RTNQck9sVjJ5ZFpzR29fYm5tZDdpYUN4dTlLRmJVeUN5SkxyMnp0clVHek9iT3B5MkRNODluVWVOMXpYQl9f?oc=5) · WHEC.com
- 2026-03-26 [1st Advantage to build New York County location - CUInsight](https://news.google.com/rss/articles/CBMikgFBVV95cUxOWkhQWEpkMlZWcHJzbGZHTUFJWUJlaWxUUzNOSWk4bjNqUS0tY3ZNVlh2NmJqQ1BmUHJ2R2o0VjQtZ0ttQnFPbWNTRlktSHB5RGppbkhhalkxMnlRMnN0dHRmblJTSFRwUWd6d092bnpBMUFGZzdVMmh4LUcyVmhvYjVQOXVQZFFSUjVVZThSMy1WUQ?oc=5) · CUInsight
- 2026-04-17 [Rochester-area food drive at Advantage FCU branches lasts through May 15 - 13wham.com](https://news.google.com/rss/articles/CBMiwwFBVV95cUxOQzBJZk0tcVJmZm1Ua3FiOTVkN1djNkJ4QnpHTjQtTlR1c1lQd1NITlFxNVktVmlqVHNDckVQRnhsbkp2cnlqa0EwOTF6QzJpcGkwUGVfYnNnSk93M3BBLUF0NV9hTzAzWlNpV2hWZU5ydDBQYURfakJVRFNoZ3ktU29rRVR4VnJPdVVKYm5nbWl6amc1ZnhGN2JkSmZtcTlkZVhnZTh4V3AzVUlBWHRJSjU2X1hZeFFkRzM2YXYyNjJKSlk?oc=5) · 13wham.com
- 2026-04-05 [1st Advantage to build new York County location - The Virginian-Pilot](https://news.google.com/rss/articles/CBMidkFVX3lxTE1oRk1na2ZTWTVhbV9hMjFtNjMzRndva1JDUmhRcEdFNUpmb0NfTzg1ZHVEQmozM2xDVUhLWWdkVnJnSUc1SHVjazNkV29aZzhUa2NpSFZtVFRsMWJqUzQyOU9VdTZSUWNmZC10d18xR2dBYS11cnc?oc=5) · The Virginian-Pilot
- 2026-04-22 [Truliant Federal Credit Union and Piedmont Advantage Credit Union Agree to Merge in $6 Billion Combination - citybiz](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNeWt3NG1tMTl4dFE5ZHBHQWZoMHluZGNTd0F4OHVzMTd3WUtBY2VvVkhXRzR6bEhTeUFjb21SVE1HY2k3SC1XeDA0MTdfZ0xVRDVoNDJDTnI0eEdBczlwMUMtdUFkUkFEaFIwbG1Ecm9BTHBwZkpGWHBBOEN4dkJydzlfYml0NWR1bGIxVW5uUWpzMTZaX0hOYUpTb3J5WDd2aDdOd245bkt2aG5YWmY4RmRXMk1sWkJOVU1sYVNrMi16U19mWVhEQUlaM01TQVljLXp5ckhKOWN6VVo0?oc=5) · citybiz
- 2025-12-12 [Piedmont Advantage opens right-sized University-area branch in Winston-Salem - The Business Journals](https://news.google.com/rss/articles/CBMimwFBVV95cUxQa09rZDRTc2hVX3B1MlhEZ050N1VOdjhwdVhSWTBxM3hLOWxXMk9oZ0VzMTZtU3d2bTc2YUdDelNGUktqNjkwUzZZeFdELTRpVUhTdWlsY2dXVkRwLXBabjdFcllxNENvcVFRVFZBYlpsTkcwdW8xY1F1OFJOYmlzUFBpSFppRDlwZGlDaG9hMDVsM0lwNDNsTFc4OA?oc=5) · The Business Journals
- 2026-04-22 [Truliant plans to acquire fellow Winston-Salem financial institution Piedmont Advantage - Winston-Salem Journal](https://news.google.com/rss/articles/CBMipwFBVV95cUxNZi1XN0JxcTgySXBwdFNIUnlQTHJSMGMwdTFVR0N0QVNvTS1MZktDSGllNnowNGdGVWl0dUpiUWVha0ZsalcycUJqOE13ZFZVTlRjZ1gzZlA5QjEzcXhDUEs1MGwtMUd0bHpnS0VqbVFIQ2tkNTFCem5XV1J2QVhDWnNPeUlhT3c1aF91TnBrVFN1UHZHa0UyZmxwbU0xdDFnOTVUNEhBbw?oc=5) · Winston-Salem Journal
- 2026-04-22 [Truliant Federal Credit Union, Piedmont Advantage to merge - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxOdVVUMFByc1VxWkY2NURPVWNsRmNZTVBKS1RlUXdlS0tXZl9Gb0RiLVZ4SXJaQXFFdHp5ZXNvQUI5TTZUbTdETDExZHdUTG96Tzc4aUdJNXU4SHZja2tVaFF3Nmp4dndPMDQyRnYxczRMYUpaZGgyZXM5bzduMS03VlA3VUROU2N4TXhGdFNROXFOWnJtQU1WZzA2LWY1emRPQzZJd0tR?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24181 (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/53.json (key "24181", 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=24181
- 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