# VOYAGE
Sioux Falls, SD · NCUA charter 3458 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/voyage-3458

Who the members are: federal charter, community charter, organized 1939. 19,670 members of 584,880 potential (3.4% of the field); checking penetration 53% (share draft accounts per 100 members); loans per 100 members 51.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $282.4M |
| Members | 19,670 (-0.7% YoY) |
| Full-time staff | 48 |
| Net worth | $27.9M |
| Net worth ratio | 9.9% (p27 of band) |
| ROA (annualized) | 0.95% (p68 of band) |
| Total delinquency | 0.75% (p63 of band) |
| Net charge-offs (annualized) | 0.44% (p54 of band) |
| Loans / shares | 76% (p55 of band) |
| Cash / assets | 11.9% |
| Borrowings / assets | 1.76% |
| Net interest margin | 3.68% (p59 of band) |
| Operating expense / assets | 3.32% (p35 of band) |
| Vehicles % of loans | 45% (p73 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 51% |
| Third-party paper % of net worth | 173% (p76 of band) |
| Vehicle delinquency | 0.67% (p59 of band) |
| Vehicle NCO | 1.07% (p72 of band) |
| Repossessed % of vehicle book | 0.13% (p77 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 66% |
| Core shares % of member funds | 42% |
| Certificates % of member funds | 28% |
| Average share balance | $6,707 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $8.1M |
| Loans outstanding per 100 members | 51% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $18,937 |
| Loans granted, annualized | $60.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $8.1M outstanding purchased (29.0% of net worth), $0 sold and retained. Sold in 0 and bought in 4 of the last 8 quarters. Shares 6.3% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **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 | 0 |  |  |
| 2017-03 | 1 | 3rd-party paper>100% NW |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | repo signal |  |
| 2017-12 | 2 | net worth falling | repo signal |
| 2018-03 | 2 |  |  |
| 2018-06 | 1 |  | net worth falling |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | delinquency rising |  |
| 2019-03 | 1 |  | delinquency rising |
| 2019-06 | 1 |  |  |
| 2019-09 | 3 | delinquency 2x band, delinquency rising |  |
| 2019-12 | 2 | loans>95% of shares | delinquency 2x band, delinquency rising |
| 2020-03 | 3 | net worth falling, repo signal | loans>95% of shares |
| 2020-06 | 3 |  |  |
| 2020-09 | 2 |  | repo signal |
| 2020-12 | 5 | delinquency 2x band, delinquency rising, members leaving |  |
| 2021-03 | 4 | thin capital, margin squeeze | delinquency 2x band, delinquency rising, members leaving |
| 2021-06 | 2 |  | net worth falling, thin capital |
| 2021-09 | 2 |  |  |
| 2021-12 | 3 | delinquency 2x band |  |
| 2022-03 | 2 |  | margin squeeze |
| 2022-06 | 2 | members leaving | delinquency 2x band |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 1 |  | members leaving |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | delinquency rising |  |
| 2024-03 | 1 |  | delinquency rising |
| 2024-06 | 2 | delinquency rising |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 | net worth falling | delinquency rising |
| 2025-03 | 3 | delinquency rising |  |
| 2025-06 | 2 |  | net worth falling |
| 2025-09 | 1 |  | delinquency rising |
| 2025-12 | 2 | net worth falling |  |
| 2026-03 | 2 |  |  |

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

- 2025-10-21 [Credit union business services officer: 'I genuinely love being part of someone's business journey' - SiouxFalls.Business](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPR1JfbDc4OVNrYzAxZTJ2MlZpSUhyYjBiMlJ5eUdveWRtSF9pU095bjRzWGNFNWlEQy1hT2FIOTJQa3NlLTRlS211X0xVTmdFdGhnTDJMbWhreDI1VHRpd1FZSlFBOFFtVTRyZkJ0UXFXc09yWUZDcnBNcDg0Rk5ZcU5ETk5nVTJNUW0tZkItdTV4eDZPSDAxMFBQMGs1MWktRnJkZDJtV25CemdtSWFNdk5lTXVDUW5aNGl6NGNpMFMxdw?oc=5) · SiouxFalls.Business
- 2023-05-24 [Voyage and First Century Credit Union announce intent to merge - KELOLAND.com](https://news.google.com/rss/articles/CBMipwFBVV95cUxOS1FVOFljLTFrZUUwRjlGbWQxWXhXVVIxTS1wN0UyRzRqT05WZlI3QXUyRm93X05KVXpUNFJ1Qk14cExLY1dvOHF2aWRwbVY3M0dEekhWeVNiVV91NFRXRzV0clNpN1FyWDE3OTVueVFnYzU3MmdXQWo3a0tzQ05Ud0QwNWQzdHc0dklyU1c5dW1aT0Rha0ZBN21FS1hlUWE0ei1DNndjZ9IBrAFBVV95cUxOYWJRN0dTZEk4QUJybnFvQ2RLV29zMlJ5dm9rWTdzTWo1N3F3T21oQXdadldpZEJSQU1uS294NkFvb2VTU0NVbDQ2c0RhN2dmeGVrbWVoQnBLbjdFM2F0S21XdU9CQ0dDdzExVnZGWjNiVXBIQmNIV0NXNmV5aFdRNTU5Z1RVT04xNm5OZDgyWDJzalBpWEtiX0VKdGxmNDlUZHhGXzZvblZvaGJo?oc=5) · KELOLAND.com
- 2021-10-18 [Two South Dakota CUs Complete Merger; Members Get Payout from High Capital - cutoday.info](https://news.google.com/rss/articles/CBMitgFBVV95cUxNMWxXNXNIeHRLdjdIREZtelBIZC1aampFbVk1dFBWUUwyUFhVaHNibmxwRG9wSmQycVRpS2NCOUxKQ2h4OHIzWXhjVE8zaUZVUVBNaW5vN1hwR2w4cFNxNGp3TThmOUp5T2pNbktndUdRdFhJdFVoU1Bxd3RWNlNIWXg0eGlWOEVhTGpmZHhVMkdDRWxQRkxwSEl1dGxVc043d0JhNlEzS2x6Q1hWdnJpSlo3bWliZw?oc=5) · cutoday.info
- 2023-05-23 [Credit unions to merge - SiouxFalls.Business](https://news.google.com/rss/articles/CBMiYEFVX3lxTE5EeDIzSFlHdzhlMDZEY2ZmZXI2S1g5dmI1aUpXcjdrOUxQVGE1enN1SnB5b1kzNE5ybUQ2UXNrazZTNmdZc0lBVzgydTV5MUlFX0pUU09nSE84S243SXBTRg?oc=5) · SiouxFalls.Business
- 2025-09-23 [Marketing agency celebrates 10 years in business with free coffee - Argus Leader](https://news.google.com/rss/articles/CBMi3gFBVV95cUxNeC1ZUnVYdTRzeU1aX1VmMkFxMVFuNHpfSE5tYno0VnpRenNTdXVoQ2p1TEhnMVNDNU1XS2NsT0hvRng4TUlRQm5aam1uYXZKTG1QWldnTkFjM3lrS0hnUnB3cnQ1dlZrN0Z6UVFsbG5ELVcycFl1TWFJQTV3bVFmdVB1MjYzYk9zOTRtMU9WYWVRWl83QkxVUFVqZVVkUFM5Szd2MzdoeDJyTk1iVzd6UU8xTV91QVZxNnFpRmxVZGtFQU15cUtUXy1KeWdXczFFaU1BT1B0X0h3NGlka0E?oc=5) · Argus Leader
- 2024-06-04 [Carmen Marie Stewart Obituary Jun 4, 2024 - Hansen Funeral Home](https://news.google.com/rss/articles/CBMia0FVX3lxTE9CQ0lhdkVmUVZWdWF2cy15eUtpZUVLdmFUX0Q5M0MtUFE0eExaQTdPUmhCbmVFSEgyX1VGLThMWUxXVmRjTTFrbkI2dnlOa2dBc0JkeHpLOFpzRkdYb2tYaDJVQnRIbnQtRlFJ?oc=5) · Hansen Funeral Home
- 2019-05-07 [Recognizing a lifetime of commitment: Professionals on the move - American Banker](https://news.google.com/rss/articles/CBMisAFBVV95cUxORUp0T0o4RU1hV254VnpUNE1peS1fakZvM2ZpcUZkTk1XbDJCS0NIZUxoOGRTN0ZOY0FHQ0xWRFZ3ZGkxRkNlQWFnbE45d2pvVU10N196SGxaM2kxdE9TMmhNWjNHUDRFS1VRdTlGVzRLQ2REUDJDRktiUTVKZFM3a25BSko2NEdjQ3lrN3J4U0YwdUQyY1RndnRyNEs1czV4bjBOQ0FmNFlHS09JSFB4Zw?oc=5) · American Banker
- 2025-02-18 [Bon Voyage without Breaking the Bank: Tips for planning your next vacation - WWNY](https://news.google.com/rss/articles/CBMiogFBVV95cUxQMWs4bVkzQXNYazQxVGhPTEhoeGtIQVdobGpfTDhwRmVJZmJUQk1YaklNamhENWxrZnhBWnd1c1p3eGtzSVZ6dHpiR05mT0pvcW9jZnhON1JYcWdFV2FoVGxnZWFfWDA1SE1FZE9PUGh4ajlXbTZ3dDRSV0xTSDFhNENBaWFibC1XdkR4R2lKSXJtMnhRaDVvSTBGbFRQTnIzc1HSAbYBQVVfeXFMT1pib3RmSTN0YW5zV2FscUd0N2ppMXVIZEFNZXFmS0RtOVpFdkZlQ1hKaF9BYlZzdjJpQ0RyQkVXaTU5b1R3Vl9TTWJFaHdzcDJRSHhWZTE2cEFUaFpDREtwbUhXS3hVZVkzckYzYWRzLXdScUFYNXd6dkgyWmVwTWdScHNfU1dXcmx2RDNmSmwxTnBsRVdDRFRJR1EtaTlCbnp6UzJSWWpMUHZMLVhENVh5VjUzdFE?oc=5) · WWNY

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=3458 (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/2.json (key "3458", 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=3458
- 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