# AAA
South Bend, IN · NCUA charter 3412 · asset band $50-100M · latest filing 2025-06 · stopped filing after 2025-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/aaa-3412

Who the members are: federal charter, community charter, organized 1939, low-income designated. 4,639 members of 271,826 potential (1.7% of the field); checking penetration 68% (share draft accounts per 100 members); loans per 100 members 53.

**Verdict on the desk:** this could be *quiet fade*. 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 | $78.7M |
| Members | 4,639 (-17.0% YoY) |
| Full-time staff | 23 |
| Net worth | $9.0M |
| Net worth ratio | 11.5% (p38 of band) |
| ROA (annualized) | 0.92% (p58 of band) |
| Total delinquency | 0.02% (p4 of band) |
| Net charge-offs (annualized) | 0.15% (p32 of band) |
| Loans / shares | 32% (p5 of band) |
| Cash / assets | 56.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.06% (p23 of band) |
| Operating expense / assets | 3.29% (p44 of band) |
| Vehicles % of loans | 50% (p59 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.00% (p4 of band) |
| Vehicle NCO | 0.17% (p37 of band) |
| Repossessed % of vehicle book | 0.01% (p78 of band) |
| Real estate % of loans | 36% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 66% |
| Certificates % of member funds | 15% |
| Average share balance | $6,720 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 53% |
| Loans granted per 100 members, annualized | 55% |
| Average loan balance | $8,893 |
| Loans granted, annualized | $5.2M |

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 0 |  | delinquency 2x band |
| 2016-09 | 2 | losing money, charge-offs p90 |  |
| 2016-12 | 2 | net worth falling | charge-offs p90 |
| 2017-03 | 1 |  | losing money |
| 2017-06 | 0 |  | net worth falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | members leaving |  |
| 2018-06 | 0 |  | members leaving |
| 2018-09 | 1 | repo signal |  |
| 2018-12 | 0 |  | repo signal |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | delinquency rising |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 | net worth falling | delinquency rising |
| 2020-09 | 1 | members leaving | net worth falling |
| 2020-12 | 2 | margin squeeze |  |
| 2021-03 | 4 | net worth falling, losing money |  |
| 2021-06 | 6 | delinquency rising, loan book shrinking |  |
| 2021-09 | 5 |  | delinquency rising |
| 2021-12 | 6 | delinquency 2x band, delinquency rising | margin squeeze |
| 2022-03 | 4 | charge-offs p90 | loan book shrinking, delinquency 2x band, delinquency rising |
| 2022-06 | 0 |  | members leaving, net worth falling, losing money, charge-offs p90 |
| 2022-09 | 0 |  |  |
| 2022-12 | 1 | members leaving |  |
| 2023-03 | 1 | net worth falling | members leaving |
| 2023-06 | 2 | delinquency rising, members leaving | net worth falling |
| 2023-09 | 2 |  |  |
| 2023-12 | 1 |  | members leaving |
| 2024-03 | 2 | members leaving |  |
| 2024-06 | 2 | net worth falling | members leaving |
| 2024-09 | 1 | members leaving | delinquency rising, net worth falling |
| 2024-12 | 2 | delinquency rising |  |
| 2025-03 | 1 |  | delinquency rising |
| 2025-06 | 1 |  |  |

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

- 2026-09-04 [Wilks and Braun of O,R&L Commercial represent AAA Northeast in $2.35m sale - NEREJ](https://news.google.com/rss/articles/CBMikgFBVV95cUxOVm03ckRxNy1DdHpTbnkwWVFTSmk2VWRmWGFxd0FYMW9aNGNCemZEazBxbVdZYkZGVHUybjdoeG1Gemc3aVVCdUliWDFGc2dzVW1BcjMtTGxteHBRenBycV9qRVdCeWdTUC1BcHRVNUxnOGxDcmhEQ2VJZXl2RVFNcjZhYm9VTE5EaDVpMjRFWFlSdw?oc=5) · NEREJ
- 2026-07-28 [AAA Northeast Number of Employees 2026 | Employee Count & Headcount Data - reveliolabs.com](https://news.google.com/rss/articles/CBMibkFVX3lxTE9kMFZIeWhEOEFFSmRpTGhEYzRWLUZfb3c5RnB2RDk0ZzFydm54SU1lRk1Kb0VtRDRuRFVmcnFEU1dFVjFLSWlaYmZ2ZnNHczExcTFMSzNucEQ2ZVU2ZnRrdVB6NHRBaU9FR25GaDhn?oc=5) · reveliolabs.com
- 2026-07-21 [Details released about 116th Street & AAA Way closure in Carmel - The Hamilton County Reporter](https://news.google.com/rss/articles/CBMilAFBVV95cUxOOWt1R2xpZ1lwVGVBUEFhNnNHZjRtTlQ3M1gyWDBkZWhoc1lGajJPTThNc2l2NEU3TEdGa3pVTW9WVlJmZVdkblBnXzVxM1diZE1WekFGa1U1TzdNN3hFOHY3Ym9ZQWR0ZHNwUFRRc2lMbG9tQldvUHFJZ1BZc285MnpMcV9XalZoUmVSUVAxNXFyNUJ1?oc=5) · The Hamilton County Reporter
- 2025-10-22 [Sioux Falls Power 14U AAA - MYHockey Rankings](https://news.google.com/rss/articles/CBMiXkFVX3lxTE9PQVNjU3JWMjhydGlHR3VucWZNTXlVbUdvZXF1OXNLYVdybV81LTQ3WGpmdkE3eVpNbjN2TWpKSDlvY0FTUGVRaGlaRkswQ3hzdDItWFY0dmg0T1VINGc?oc=5) · MYHockey Rankings
- 2025-04-08 [America's Best Regional Banks and Credit Unions 2025 - Kansas - Newsweek Rankings](https://news.google.com/rss/articles/CBMijAFBVV95cUxNUi1lQklMRTNxZVFSdTViLWs1d3JzamdnWjRjNGpoRjNZZzI3YzZ5UndMQ3hoeWloUnNyaU9neFNBbldvVUd0RDFmQTVOOTVBTnFweWVVZjQydnlvSFZ4b0RPX1cyaFNkRzRXVWs0LWllbVg4QlhXS3hVZVhzZHdGOE8zeGFtUnM1dFo0LQ?oc=5) · Newsweek Rankings
- 2025-06-09 [Is the ‘Clarified’ AAA Clause Registration Rule Clear Enough? - consumerfinancemonitor.com](https://news.google.com/rss/articles/CBMirgFBVV95cUxOZDViUDY3dnRtcFRwNTR0aHVVUXd1bzJRZklvWkM2b01aQTJiaWREQmt1ZFBzLUVCTTg4dHJVMTczZnlrMHdYQmc5Ul9nak1QTnYwb1QwcjY1YUc3c1lRZG5PeUw0cUs3U1lUWTRjbUIxR1ROYVpvWkNhaDVSNjJ2V09Qd1A1bzFaRk4xTjFJVWgxa0RZam1lRGZ4VWR2eElTNWJLTkFGNXlHTDFjY2c?oc=5) · consumerfinancemonitor.com
- 2024-01-24 [8 more credit unions now use Auto Link’s white-label marketing tool - Auto Remarketing](https://news.google.com/rss/articles/CBMitAFBVV95cUxPMUxDeWZKcG1BSk9OLWFmUl9aZnJvRjktRHZ3V2RVZlgxQ0tLZjNWRGU1UzhSQXNkLUplazZIQklvUEZ1bVZNRGg2cW83TEZwejdlUmMtRzQzM1ZIRFJEYU12Qk5Ibi1sbHc4LUx1eU1GUVJ6NndTbjY3WldTdmY1ZFFoNDAtQUJfRnlVa1NUdEpoOWltQldZTk54WUlHXzNtNFpoR2lROUlNRW4wcS1WVXA0OHo?oc=5) · Auto Remarketing
- 2026-06-24 [Shell Federal Credit Union giving away free gas to drivers in Clear Lake area this morning - KHOU](https://news.google.com/rss/articles/CBMiywFBVV95cUxNYXp2Y0ZsQ1BDUWpLbmw5eEtLd2hBeTlnbDBZcXZtdXd4X2VuRnI2d3VCcDRDWlZlTGtla3NBbERJaVlfTnRXSEZnMlVsdV94TTJRUS12RHVqRkYyOUtzMm5Ed3pCSlo3MS1qNUxydVJ4a0hTMUpLNDYxWGtraXFnd1FGV1RCNXhwSEp2LXdJaTNvcXR6ak1PVVBHWnk1Y1lPOEtTVUFvRWFhTTRxT21qT3Z5MlV0M1ZEWktVZTNuV05xZVV1NW1GSEIwUQ?oc=5) · KHOU

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=3412 (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/20.json (key "3412", 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=3412
- 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