# TRAX
Tampa, FL · NCUA charter 24703 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/trax-24703

Who the members are: federal charter, multiple common bond, organized 1935, low-income designated. 45,113 members of 3,470,339 potential (1.3% of the field); checking penetration 50% (share draft accounts per 100 members); loans per 100 members 37.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $490.1M |
| Members | 45,113 (0.4% YoY) |
| Full-time staff | 87 |
| Net worth | $62.7M |
| Net worth ratio | 12.8% (p70 of band) |
| ROA (annualized) | 0.31% (p22 of band) |
| Total delinquency | 1.41% (p91 of band) |
| Net charge-offs (annualized) | 1.74% (p98 of band) |
| Loans / shares | 49% (p7 of band) |
| Cash / assets | 14.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.75% (p8 of band) |
| Operating expense / assets | 3.49% (p41 of band) |
| Vehicles % of loans | 45% (p71 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 63% |
| Third-party paper % of net worth | 100% (p57 of band) |
| Vehicle delinquency | 1.18% (p81 of band) |
| Vehicle NCO | 3.28% (p97 of band) |
| Repossessed % of vehicle book | 0.05% (p63 of band) |
| Real estate % of loans | 41% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 39% |
| Certificates % of member funds | 31% |
| Average share balance | $5,383 |
| Participations bought / yr | $42.0M |
| Participations sold / yr | $0 |
| Participations outstanding | $39.1M |
| Loans outstanding per 100 members | 37% |
| Loans granted per 100 members, annualized | 46% |
| Average loan balance | $12,379 |
| Loans granted, annualized | $121.0M |

## Participation posture (from the same filings)

Bought $42.0M and sold $0 in the latest annualized quarter; $39.1M outstanding purchased (62.5% of net worth), $0 sold and retained. Sold in 0 and bought in 3 of the last 8 quarters. Shares -7.4% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 2 | delinquency 2x band, delinquency rising |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 | auto monoline | delinquency 2x band |
| 2017-12 | 1 |  | delinquency rising |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 2 | net worth falling |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 |  | auto monoline |
| 2021-06 | 0 |  | net worth falling |
| 2021-09 | 2 | delinquency 2x band, delinquency rising |  |
| 2021-12 | 2 | auto monoline | delinquency 2x band |
| 2022-03 | 3 | charge-offs p90, 3rd-party paper>100% NW | delinquency rising |
| 2022-06 | 1 |  | auto monoline, charge-offs p90 |
| 2022-09 | 2 | auto monoline |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 4 | delinquency 2x band, delinquency rising |  |
| 2023-06 | 4 |  |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 5 | charge-offs p90 |  |
| 2024-03 | 2 |  | auto monoline, delinquency 2x band, delinquency rising |
| 2024-06 | 4 | net worth falling, delinquency 2x band |  |
| 2024-09 | 3 |  | net worth falling |
| 2024-12 | 4 | loan book shrinking |  |
| 2025-03 | 6 | net worth falling, delinquency rising |  |
| 2025-06 | 4 |  | net worth falling, delinquency rising |
| 2025-09 | 3 |  | loan book shrinking |
| 2025-12 | 4 | assets shrinking |  |
| 2026-03 | 3 |  | 3rd-party paper>100% NW |

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

- 2024-04-05 [Trax Credit Union wins two national marketing awards - CUInsight](https://news.google.com/rss/articles/CBMimAFBVV95cUxNMWs5eFVkbkltcFRtQ19hdm0yU3cwb1ZlNFcySUlHVGdEeC1yc3dCQUdvLWU1NGI3RE9LWTF1TXh1dnhmdEt6a21kNTk5d0hORkNWeTl0eDVrb3RwQnNQT2lkTGJKTW5xR09uX1Y2cE11WEQwNGhTb1ZYZUQ2SWZCSVpod1pRbFkxQ0sydGp0RUdwbmg1ZkQtWg?oc=5) · CUInsight
- 2021-10-14 [Credit union rebrands, changes name - Business Observer](https://news.google.com/rss/articles/CBMikgFBVV95cUxPcjRTX3V0XzJ5WjFnZU1kMEFsMzd3dFhHYUdQUWFFY29BTWRNd1pTX0FFR3hIWUhIQkppUy1LclJjWHNVMmhNMWhOeEdPV2U3d25rVGxqRUZ4STdHdUgtRWhweVNzdi1xa1JNUHpCQm1vQ1RJelNRNU41WllnMkJYVTlmYlZWcElYX0dCa0RPV1lXUQ?oc=5) · Business Observer
- 2026-03-17 [The League announces 12 emerging professional network LEADs - CUInsight](https://news.google.com/rss/articles/CBMiogFBVV95cUxOX1JyV0p4d2E4T0dZaEFSRnplQmZnOFN2WTRsR0VDSEF3MWJiUUtoajU1V3V3ZlZ2V3JKc0hJTlRGODlLdUJwVWV6RHRMbVNvQkthWEJtWU5Ba3lBVW9hU0k4UXF6ejk3SzNEQzd3cVNGZ3NNU2lpRXJsSDRMQ0VHS2tJb0k3c01uTUF0bmdyX24xSUp5T0N4ZElwQUJHQlVWZEE?oc=5) · CUInsight
- 2025-09-25 [LEDERHOSEN LAUNCH - Plant City Observer](https://news.google.com/rss/articles/CBMiYkFVX3lxTFBycEgybzRELUtQdlMxN0JaanpxbDVaTi1qaFE0cXZxSXhHOFhMZWRkbHl4ZmhjVkkxVmhHbkNucXJnOTRyRl9LdkpLWDRjYmptMHpCY3Z4VGVUQnVQTFYxVThn?oc=5) · Plant City Observer

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24703 (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/63.json (key "24703", 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=24703
- 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