# BAY ATLANTIC
VINELAND, NJ · NCUA charter 3541 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/bay-atlantic-3541

Who the members are: federal charter, multiple common bond, organized 1939, low-income designated. 9,139 members of 12,155 potential (75.2% of the field); checking penetration 72% (share draft accounts per 100 members); loans per 100 members 59.

**Verdict on the desk:** this could be *ordinary*. 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 | $95.5M |
| Members | 9,139 (-1.3% YoY) |
| Full-time staff | 27 |
| Net worth | $8.6M |
| Net worth ratio | 9.0% (p11 of band) |
| ROA (annualized) | 0.26% (p25 of band) |
| Total delinquency | 0.28% (p27 of band) |
| Net charge-offs (annualized) | 0.39% (p63 of band) |
| Loans / shares | 51% (p32 of band) |
| Cash / assets | 9.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.14% (p76 of band) |
| Operating expense / assets | 5.33% (p91 of band) |
| Vehicles % of loans | 23% (p19 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.61% (p53 of band) |
| Vehicle NCO | 0.00% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 26% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 109% |
| Core shares % of member funds | 89% |
| Certificates % of member funds | 3% |
| Average share balance | $4,954 |
| Participations bought / yr | $9.5M |
| Participations sold / yr | $0 |
| Participations outstanding | $21.5M |
| Loans outstanding per 100 members | 59% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $8,142 |
| Loans granted, annualized | $15.3M |

## Participation posture (from the same filings)

Bought $9.5M and sold $0 in the latest annualized quarter; $21.5M outstanding purchased (250.7% of net worth), $19,209 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 3.2% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **expense trap** (`earn_opex`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, expense trap |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | members leaving |  |
| 2017-06 | 6 | net worth falling, losing money, charge-offs p90 |  |
| 2017-09 | 3 |  | members leaving, net worth falling, losing money |
| 2017-12 | 2 |  | charge-offs p90 |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 3 | charge-offs p90 |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 | repo signal | charge-offs p90 |
| 2019-06 | 4 | charge-offs p90 |  |
| 2019-09 | 3 |  | repo signal |
| 2019-12 | 3 |  |  |
| 2020-03 | 2 |  | charge-offs p90 |
| 2020-06 | 4 | net worth falling, margin squeeze |  |
| 2020-09 | 4 | delinquency 2x band | net worth falling |
| 2020-12 | 3 |  | delinquency 2x band |
| 2021-03 | 4 | net worth falling |  |
| 2021-06 | 2 |  | expense trap, net worth falling |
| 2021-09 | 3 | expense trap |  |
| 2021-12 | 2 |  | expense trap |
| 2022-03 | 3 | net worth falling, expense trap | margin squeeze |
| 2022-06 | 3 |  |  |
| 2022-09 | 2 |  | net worth falling |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 1 |  | expense trap |
| 2023-09 | 3 | delinquency rising, assets shrinking |  |
| 2023-12 | 1 |  | delinquency rising, assets shrinking |
| 2024-03 | 2 | leaning on borrowings |  |
| 2024-06 | 1 |  | leaning on borrowings |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | delinquency rising |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 1 |  | thin capital |
| 2025-12 | 1 | thin capital | delinquency rising |
| 2026-03 | 3 | net worth falling, expense trap |  |

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

- 2026-06-15 [18 New Jersey credit unions launch summer food drive to combat hunger - WRNJ Radio](https://news.google.com/rss/articles/CBMilwFBVV95cUxNcm5wYWVxVUVVM21YMkQyM2VJQVc2aXZmQ1AxZ1Zfa2FWLTNhLWJrdHI4emx0OE14VjB6dWpwVkJKNXFpLWU0dnJkM1BLZ3pSMDRHX3UwWnZxbDNsamx2cWs2Q1o1MVlPWDllRnU3OVpVWEZQTG42VHVEcXh0d3B4aDJsS0hTazlBTDB6VktNR24zMWpGSEh3?oc=5) · WRNJ Radio
- 2026-06-18 [18 credit unions in N.J. unite for annual food cooperative to help address hunger - ROI-NJ](https://news.google.com/rss/articles/CBMiwAFBVV95cUxNYmtFejJjOW9WZ2d2d2tEVkNQU0U5ajdMcXJZdkhiV1REdHgzSVkwUE9KLWZBd3VCQWtVSjR0Q1J6cDZobVdlekRoSThYamFwTXlNc3pxTS1vRUZDcmtCYjFNd05lZ0ktSWhuelUzMHJFTG5sZ1I5ay1yT0ZLdGZMMklfcGpRc2VvSzludzlvbXVGaHBvVjhzSnA2aUVOTXJJSlV3Y3h3SEphOTd4QUo5a21uMUh5Q1hyNHVaRU1yU2w?oc=5) · ROI-NJ
- 2014-10-23 [Bay Atlantic CEO receives top honor - TheDailyJournal.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQeXRGOGJlQzR5NzVsZE00STRaWjFIb0tFWk1yamthbzJQWHJPQzJicllkN0k4R3QtZVRoRC10QVhleDNnOGtWdlRZRmtIaE9xVDVKajFPSXVmMy1ubDFsSE9MRlBvRUR1NEg2TnN1MzRsUDZaMHg5VTc1VmZSM1Vlcmc2VUpTMkhDdU04LVN4TTZUaEtGRXphY09jLTN6VDJKbnR4UFdONmY?oc=5) · TheDailyJournal.com
- 2025-09-24 [Need a job? Free in-person hiring fair Thursday at N.J. college campus. - NJ.com](https://news.google.com/rss/articles/CBMirwFBVV95cUxPak9qVWtyWVR4MG1mUWFhVXl0VmJvSWNvYnJwU0ljMDd1bXloUXVYY0VKdkxqaUxxcmxqbENub2VyeklzODNBRFIzd3N2OTZlLVJGS2dyaF9zb3hENHFsXy1JMVpHRGM0NjhNZnV4TElfUWJuQnc4NDVBTjZVcEctQTNsYnFncmVxWVEzTHFDaXkwYi1kU2htQWhiNTRCZEZIZk9JYnpaR1N3UTJpejlr?oc=5) · NJ.com
- 2025-10-10 [What's open and closed on Columbus Day? Is Columbus Day a federal holiday? - Courier-Post](https://news.google.com/rss/articles/CBMigwJBVV95cUxOc3BZbEwtRko1eWZkZTcxT05Gel9DdElaUUExdHRNbk5IbEp3Z2pNNkVvMExVVjI3d0ZscUJXMWlyREYwMzZjTXA0TWk0T0RCOE9uS2xKTXhXZi1yUERHajl1N0lVZk5KX3BuWjN5Zm5jWmhIVy1NdlVxTVhKYlEwQ094V2c0VW5yVmFZLWxRMTRIQlJpaTVGdC1VazVub1JIdTNJUHVRcEc4eWI0MmZFMWlsTk1EeE9NRnBwSllfTHZzVmZaSWVUOFFnbUJ6R2J6WnVMU3J1dk1rYWc4d1NYLWxOTTNua1p0QXI5VHZSSEJyRFg5Q3NMaFZ0NXBKaFExX29R?oc=5) · Courier-Post
- 2016-08-13 [List of banks that support Apple Pay in the United States - 9to5Mac](https://news.google.com/rss/articles/CBMie0FVX3lxTE15UkVmX3k3aURqZXBKcFZCVTJuMEEzWTlLUEpQRDdTR25DQ2lPVXZGeEYycEVZcXl5RThsdlg3aUV6WHZFdWIzWDBUR2ZsT2FUcG1JWU5mbzJ3bVRUT0NjaEFFQXJaV0o1RklzdW03bzN2MXJoV3B1aFhEWQ?oc=5) · 9to5Mac
- 2021-10-06 [Edward Cantoni Obituary (2013) - Vineland, NJ - The Daily Journal - legacy.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxOUzNZMXZHQ3ZkV3VDeDV5SXEtYWZaNWxYMTR2Rk9jb2lzWXB1ZzhsUTZpb2FtVEc1dVdraGl0WENtcXJFbUdCMVQ3Vlk5UUVVd3FFZkpBUFFQc0xFSnp6NURWblFyX2lMZ016SWVrdF9jcGd2WjlYSmppb2JGc0NuUEJvc1o2R1VBOVBuMEpXSkRDVG94emRpUQ?oc=5) · legacy.com
- 2017-08-03 [More than 300 out of work as Progresso closes its doors in Vineland - NJ.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxQckdmajhmOXpLOU1LMmNuSUVvRWp3Tkd3SXM4OXBlQWNRcHV6SENxNGF5NWt0YnViXzAxMVJPRWFUc0tFY2ZaTWRfa0pFZW5LY2ZlRlZsMVpDU2QtTF8yMXR1NHFIV2xtdVBNWVRMcnliQkxuOV95UWJ4dnpFZ0ZkTXc2ajN1dHl5WDZxVXBMdS1KNzM2QVE?oc=5) · NJ.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=3541 (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/21.json (key "3541", 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=3541
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide