# TRANSPORTATION
Alexandria, VA · NCUA charter 3140 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/transportation-3140

Who the members are: federal charter, multiple common bond, organized 1939, low-income designated, minority depository institution. 16,047 members of 65,000 potential (24.7% of the field); checking penetration 53% (share draft accounts per 100 members); loans per 100 members 73.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $351.9M |
| Members | 16,047 (8.5% YoY) |
| Full-time staff | 53 |
| Net worth | $33.8M |
| Net worth ratio | 9.6% (p24 of band) |
| ROA (annualized) | 0.28% (p20 of band) |
| Total delinquency | 0.75% (p62 of band) |
| Net charge-offs (annualized) | 0.72% (p78 of band) |
| Loans / shares | 82% (p71 of band) |
| Cash / assets | 4.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.63% (p55 of band) |
| Operating expense / assets | 3.43% (p39 of band) |
| Vehicles % of loans | 21% (p24 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 54% |
| Third-party paper % of net worth | 136% (p68 of band) |
| Vehicle delinquency | 1.00% (p77 of band) |
| Vehicle NCO | 0.63% (p51 of band) |
| Repossessed % of vehicle book | 0.09% (p70 of band) |
| Real estate % of loans | 51% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 85% |
| Core shares % of member funds | 44% |
| Certificates % of member funds | 40% |
| Average share balance | $10,061 |
| Participations bought / yr | $24.7M |
| Participations sold / yr | $0 |
| Participations outstanding | $75.8M |
| Loans outstanding per 100 members | 73% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $22,251 |
| Loans granted, annualized | $95.2M |

## Participation posture (from the same filings)

Bought $24.7M and sold $0 in the latest annualized quarter; $75.8M outstanding purchased (223.9% of net worth), $0 sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares 5.5% year over year.

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

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

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

- 2026-08-26 [Virginians now can add driver's licenses, ID cards to Apple Wallet - Henrico Citizen](https://news.google.com/rss/articles/CBMinAFBVV95cUxPZGxoMHctRnpiLUVNYWJ2RXg1N1kxdm9wcngtVGtVem5lLUNVYU9pSHNSZjVrclo2TkNaajQxYW5ON0pqM3QzRUhzWTM0Smh1Tm9wWmVuRF82NHV4YlQ2TmJoblNMeGFWX0tsMEwwYUI1c0tLMHl1S3dUaDBoWXl4Vnlmdi1IRGhOOVNBOWN4N3JQR25yNDI0QlVVTjU?oc=5) · Henrico Citizen
- 2026-03-24 [Credit union offers paycheck relief to TSA agents at MSY during shutdown - WWLTV.com](https://news.google.com/rss/articles/CBMi9AFBVV95cUxNZWJBUWpFYTVfY0pveGdyejQyLWFHRjhJbnM0bEdMMlJnRVFfWHR4Umg0MGFNR1N5bDdaaXNtVXdsdy1ueEFZNGM1enpmeVBvbURlWEtIcDA3aUdaTVVoV2FJTXVobjNJVGxVNWJVYlhmMmFRMTNpcW5iR19JVGpGSUNuZE83QkV4YllhT2lmcElUd01sanh5TFVIQXpDN1BCUXNlUklvSW5TdmtYMDBDUmttU1JYcndIRlU0clZabnhCWTdfTXdtRnlIWXI1ZjFROFJpdnBzOE9UTDcwQm1aRnNWbHEtcl9iV2xPVnFSMnBxWlE0?oc=5) · WWLTV.com
- 2026-08-29 [Virginia driver’s licenses now available in Apple Wallet - wydaily.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOVXR5Rm5mbEk3aWh6MWZqNlZSb3Q3MXloekt3X0ZsMU9kM2hCNE5abjZ0V3dJT3BzR1JPQXZVUFllNnlGV2xNbW8zM0U5QVlKUnZ0ZVMtVXBaampDTW00d0FnMmNNTFZOM3p4XzBnbnlpY2pkMUpoUElDa3c1TXAzMlJHVzVwUXZ3bkdSbVRvOHdwUW5GM3YyWlpvdVBBUEc1Zm9VdzYwUWs?oc=5) · wydaily.com
- 2026-07-09 [Virginia Credit Union Continues Multiyear Investment in Goodwill's Excel Center, Virginia's First Adult High School - GlobeNewswire](https://news.google.com/rss/articles/CBMilAJBVV95cUxPY2ZDNHBKc1hyTU1ZUXRoXy04Slh6eVROcmxPU1ZGamk4aWQ2UGJYTzVoeGtEZzJSOUdJa3ZaTkdKT2JwdkFNcndydlh6V2xRcGNfNkU2ck0wS2ZuZ1RkaHI5ZEw3TXk4cGVTaUxQQWZBVnY0NDE3d1ZuSlNJVnRQa0hmSmJueXh4WlNLUzJ2Z3RiZUtZM3EtX1lkX0l4R3FvSW0yX3VMLWdjd1RlTG54MkRwS1dlVk0xZVJJOE9FN2NqdUpoV0pSTDJiQXZ5R3NiWmJ0QnZFbHViRElfeXNnR1gtTDd5TXd0RW9ZZTUxdkNZT0NWNGwyTHJjZndIdVRMS0t1MG44TGpnU0tLN3ZNRFpyd1o?oc=5) · GlobeNewswire
- 2024-05-07 [Transportation Federal Credit Union Celebrates Grand Opening of Alexandria Branch & Remodeled Headquarters - thezebra.org](https://news.google.com/rss/articles/CBMi0wFBVV95cUxQSjd1dHk2SXljZ1NqUnl6OURpRnhWdnMxWm9naXRUbWFaQXh1UjFQNWgyeE5FOVYzOG9RcktfdGxzc09GT2ZLcV9sR3BxMUo4SDhUazdoVk80VVRVOHkyV1NrMXF2UUpQM1Nfa1ZTZHYxb19jTWtwX1VJWGt3THRNSzNkZ1pxUGo1VldRa2xzNDZZbTBWLVhXU0hpV0czeUN0dmhZbTczOFNRQkVGRWtSTm5DelpyZUt6TGFtcnNRbHg3RC1zVkp2dDZ6T0FFb1lVeWFZ?oc=5) · thezebra.org
- 2020-08-25 [Transportation Federal Credit Union announces new Chief Financial Officer - CUInsight](https://news.google.com/rss/articles/CBMitAFBVV95cUxQelRFS3VPMEJiN2trWVJRNndfM2JjUVlza0VFLVZYRTNCbnlLQUxhZW02VFJsX1NTd05IQ0xwa1A5YVdlLVhPSk9ZbDkxZ0hydlBTOU9KY1RWUzJwS0Z5Q2IwMWRQMk9yZDA5Z1JvM01GemdET29hMmZzM3BOdm5uNXBKd3p0YW9FX3ZfQ3podkE5WTFVaU9xaFQ2ZThneEJ5SGxidXcyZlY4X2xYdzV5MDljemk?oc=5) · CUInsight
- 2023-01-24 [Here’s What is Revealed by First 2023 CUToday.info Analysis of CUs Seeking to Merge - cutoday.info](https://news.google.com/rss/articles/CBMivAFBVV95cUxPc3RIOG1BSzFueFFkUTlrbnphX0thdEVjbzIwZXh4TGU1eTVyS3h1eXFHNWxuLWZOYUNvXzQybTZDTkFhaUMwbEpGX2hiNThxTzZlZWl3RFpidzZiTm4xemNMVjl5SFM5enNWXy0wZkhKbXRjclRWNWN6RV95cjJpTHA5TlhZRkJvVDVFajgxZl9kaVVnRzVYanQ2WFNzdXg2Wl9tb3BlNWQxb0VTVFB4Z1pRVkIyMlA1Yk55MQ?oc=5) · cutoday.info
- 2025-10-24 [‘Maximum pain:’ Many federal employees miss their first full paycheck under shutdown - Federal News Network](https://news.google.com/rss/articles/CBMi2AFBVV95cUxPQkl5Zm0tcl84bWg4bEt0U0dNb1I2dm9EX2paUWluVEJmZ1RHSkFuZW1nSGJ3QW1JdFppenJfR2hoUG4zeFM2QUZGT0JVaEpNbk1UQmFNQkVVeGR3S2tfTVZaa2p2bUJvc1JSREw2MEdFNTg3eW96bWlQbmRUVmpyR1J1Z2FIZm5LUklybEktUkZSb0duMV9tZE82SEZya2lFc0lsUHlFUlFrZW5HbDFzUVNMZ1ZlUEhGWEhxdTRad3oydVdrUzJESHNESU5zeURBUmg0RnhOZWI?oc=5) · Federal News Network

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=3140 (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/4.json (key "3140", 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=3140
- 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