# NAVIGATOR
Pascagoula, MS · NCUA charter 24954 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/navigator-24954

Who the members are: federal charter, multiple common bond, organized 1939, low-income designated. 47,480 members of 1,318,109 potential (3.6% of the field); checking penetration 83% (share draft accounts per 100 members); loans per 100 members 52.

**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 | $398.8M |
| Members | 47,480 (0.8% YoY) |
| Full-time staff | 145 |
| Net worth | $71.4M |
| Net worth ratio | 17.9% (p97 of band) |
| ROA (annualized) | 1.65% (p93 of band) |
| Total delinquency | 0.52% (p42 of band) |
| Net charge-offs (annualized) | 1.40% (p96 of band) |
| Loans / shares | 84% (p75 of band) |
| Cash / assets | 20.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.13% (p99 of band) |
| Operating expense / assets | 6.59% (p100 of band) |
| Vehicles % of loans | 45% (p72 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 64% |
| Third-party paper % of net worth | 110% (p61 of band) |
| Vehicle delinquency | 0.44% (p40 of band) |
| Vehicle NCO | 1.47% (p83 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 29% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 14% |
| Commercial % of net worth | 35% |
| Core shares % of member funds | 75% |
| Certificates % of member funds | 8% |
| Average share balance | $2,070 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $12.1M |
| Loans outstanding per 100 members | 52% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $10,951 |
| Loans granted, annualized | $88.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $12.1M outstanding purchased (17.0% of net worth), $0 sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares -3.1% year over year.

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **charge-offs p90** (`aq_nco_high`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2023-12 | 2 | expense trap, 3rd-party paper>100% NW |  |
| 2024-03 | 3 | charge-offs p90 |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 3 |  |  |
| 2025-03 | 3 |  |  |
| 2025-06 | 3 |  |  |
| 2025-09 | 4 | assets shrinking |  |
| 2025-12 | 4 |  |  |
| 2026-03 | 4 | margin squeeze | assets shrinking |

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

- 2026-09-02 [Tony F. Taylor Obituary Sep 2, 2026 - Unity Funeral Home & Cremation Services](https://news.google.com/rss/articles/CBMiV0FVX3lxTE5nZGQyeWNJa3JDaTNHWE42anBFeVpLeUl3WDJnNWpCQnVRZXYybmx2UFY2eUo2d3pOeVdhOU1rX3dzVm9BcXpnZUpUVkM0ZzFVZXlCZEJ2Zw?oc=5) · Unity Funeral Home & Cremation Services
- 2025-03-21 [Membership expansion happening at Navigator Credit Union - fox10tv.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxPcGJaR05Eejg4dW5hU0xpZVRwUjg4UFlFdktxMFBIU2JHc29aQU9wQTMybFM3RFhmaTFTTUFkTnJQX1NmWjhwYTQxSEEtN3BLZl8yLXhrSlBHTGJOZUZ3NnpFSVRlYTVNV0pXWW9QcUNoci0ybUVpSmhnTGl0Tk1OM09TYVplYjVOMDg0amNmLXdwVEHSAacBQVVfeXFMUE5LNl8xcGsyVzV5Yi1YVzVfRHFTYXc0Y1l0WmdMbEdGR2pWbnNKVkZUZlIycExTLXEtTkNONkZhakpGRmFpZUZjcDh3X2dqQXlEVkgzLUhObVBfamFFMmloal9WQ3lRNXBSbDAtNG9ILVFQaE8wYmFXY3dkQ1Y3eVRYWW9WQ2NuS21Na093bzUycHFkME9NOGg1Wkx1SVQ4a1hTbHBDaWs?oc=5) · fox10tv.com
- 2026-01-23 [C.L. Ates Obituary Jan 23, 2026 - Bradford O'Keefe Funeral Homes](https://news.google.com/rss/articles/CBMiY0FVX3lxTE55Vjc4Ql9ydEtmNTFHdTh1akVCQXRSMGs3Wk9uQlJadENDZ29DWEhzalpRLWZ2MFB2Vm1scUZvUjJlOFN0a0t3MHg0MjBYWS0wRkJtZU5Kd3pCOHlYQ1I4ci1Hbw?oc=5) · Bradford O'Keefe Funeral Homes
- 2019-06-24 [Navigator Credit Union celebrates 80 years in business - WLOX](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNYXVybjVPeW1PV1NUdDZYMWJJUG9IZU5JMjNWZldDNXI2NWhZUlNiZk00VG9pN3VjS3BuejVOSExjSTdnTXNMVy1KYmM4TVBjeVI2WnlEWFc2TWFqY25Bc25SYklVel9YWXZnWVN4VEt2Z2lqSDRnNHExaW44Y3lwdmRPYUFMVVIz0gGcAUFVX3lxTE5taEt6SGdPTHJ0WVFOempXOXZINFJRb0tjS1Jna2JZazA1SlJ1Uzk1QXN5MlZ2QVFzbWNlRl9uSjhmd040cVZubUtZSUdORmgxYVVmUHJqbkNZSWktMlVfNzBPQ0lJWnY1R2ZOZFpxNWh1aU1DaWgwd00zLU9fUnZncGVxYzhHZ1ItUzVBRE5HZ0ZDYnNkWHlVM1dCVA?oc=5) · WLOX
- 2025-12-31 [Victoria Daughtry Obituary | Gulf Coast Cremation and Funerals | Mobile, AL - Tribute Archive](https://news.google.com/rss/articles/CBMid0FVX3lxTE5iRkQtcjhLU3RyOWhJSlhkNGNQU1QzV29vQ2lSNTdsSEk3V09IV3JZNUZudXNkdzlYeHdnbHZyUVNVNk0waG53dmIySGg3cUlJM3A2R3hRdEJ5N0llbEZhei1LUGZNcURzUzdjNGRtM25TMlAwQlp3?oc=5) · Tribute Archive
- 2018-01-17 [Army Aviation Center Federal Credit Union announces Kathy Scarbrough as Vice President of Marketing - CUInsight](https://news.google.com/rss/articles/CBMizwFBVV95cUxNVjAycUdOSGlISWVSNm9HbnA5c3ZyRlhCd3hWRXZpNm9fN0VuMzlUSGI4NmtIMS1yUjdaS2ZRa0c3WkJMSTBiS1hRbUhyR0tZN3UzOEpiX0pIcFFZYThEUkwycThXQmw2MGU3Qi1pX0FUQTB3R0ZFRmVIWmlqU0pNb1FkSDI2NVh3Zk5WWkVGM1paZjVwaHBMaHljOE5vajlDWFZMc3IzdC1LTWVsbUlUM3hCeDRJYUZsWV9hSldKUUlrTHNuLWFrRmkwSnZ2VkE?oc=5) · CUInsight
- 2025-03-17 [Obituary information for Bobby Laney - Holland Funeral Directors](https://news.google.com/rss/articles/CBMiggFBVV95cUxPcE1ZSGp3VmFpRnJsY3NBZHM2ZjdRckp0RkRqeHl3NlE4UWhkbVVWWWphQjRHZENRYjV6bzBxbTdDZ1d0ejlWUVA0VFhIcmxkR0ZnLVJLdlBlb09VRlBsNVlpODk2aV9BZnRyaGRJazhkY05PQUstQld0RW5VVTVFaVJR?oc=5) · Holland Funeral Directors
- 2021-06-11 [Sheriff: Suspect arrested trying to rob same credit union he robbed in March - WLOX](https://news.google.com/rss/articles/CBMitgFBVV95cUxNOVNLUm0yM0FySVFaNHFKZmg3MzVHaThBQ29oOHBYTGZWQmJMSUJ0TmVxbTZJS1Y2TFdGX3JkaTYwOFZzS0pfLVVkcUxBM1QwT1hvaFNJakFWVjhBS2xJbVFQQ2pEcDhJMXVuNnE5Y0U0SkxwQW1XSE8tOXN3OHRuNFEyMmVmRHU3Z0VBTV9rRU9UWkxRUFc0Yno5eFBvYW1EQ2o0aTdjM2dwdm5xVURUb2VwOGpsUdIBygFBVV95cUxQZEZLamd3anJiaVFncnQzMk9WeGhFYjV1N0s2WkswY04ybGFpVXBxZHE4NmdIQ292TENXb0FBejdfbVEtSHpzcFVUQ3pzTThCZ3hPMVMtUnV2V1hrazVzcUZQNUxpMWhqcHBxajJyLUNvdHo4SXpBWVlsOTIyejlJRElRRmJsS0lybmxuai1zU09ZU0N0VjkxcjVEWXpYVXBpN0x1cHh5SkNtbmtLN0JmQjZkdlBpYUVfWG1TMU5CZ1M3R2NpTldxMTRR?oc=5) · WLOX

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24954 (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 "24954", 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=24954
- 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