# MEMBER ONE
ROANOKE, VA · NCUA charter 4035 · asset band $1-10B · latest filing 2024-06 · stopped filing after 2024-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/member-one-4035

Who the members are: federal charter, multiple common bond, organized 1940, low-income designated. 153,858 members of 760,332 potential (20.2% of the field); checking penetration 39% (share draft accounts per 100 members); loans per 100 members 55.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $1.65B |
| Members | 153,858 (3.3% YoY) |
| Full-time staff | 330 |
| Net worth | $157.8M |
| Net worth ratio | 9.6% (p29 of band) |
| ROA (annualized) | 0.52% (p44 of band) |
| Total delinquency | 0.74% (p66 of band) |
| Net charge-offs (annualized) | 0.75% (p74 of band) |
| Loans / shares | 105% (p93 of band) |
| Cash / assets | 3.2% |
| Borrowings / assets | 4.85% |
| Net interest margin | 2.86% (p49 of band) |
| Operating expense / assets | 3.15% (p56 of band) |
| Vehicles % of loans | 56% (p92 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 93% |
| Third-party paper % of net worth | 491% (p97 of band) |
| Vehicle delinquency | 1.03% (p81 of band) |
| Vehicle NCO | 1.19% (p70 of band) |
| Repossessed % of vehicle book | 0.13% (p71 of band) |
| Real estate % of loans | 34% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 29% |
| Core shares % of member funds | 39% |
| Certificates % of member funds | 43% |
| Average share balance | $5,394 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $17,366 |
| Loans granted, annualized | $397.5M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **loans>95% of shares** (`str_ltos`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | charge-offs p90, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 2 |  | charge-offs p90 |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | net worth falling |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 | loans>95% of shares | net worth falling |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 2 |  | loans>95% of shares |
| 2019-06 | 3 | net worth falling |  |
| 2019-09 | 2 |  | net worth falling |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | net worth falling |  |
| 2020-06 | 4 | thin capital |  |
| 2020-09 | 3 |  | net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | net worth falling |  |
| 2021-06 | 4 | charge-offs p90 | net worth falling |
| 2021-09 | 3 |  | charge-offs p90 |
| 2021-12 | 3 |  |  |
| 2022-03 | 3 |  |  |
| 2022-06 | 3 | delinquency rising | thin capital |
| 2022-09 | 3 | loans>95% of shares | delinquency rising |
| 2022-12 | 2 |  | auto monoline |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | leaning on borrowings |  |
| 2024-03 | 4 | net worth falling |  |
| 2024-06 | 3 | delinquency rising | leaning on borrowings, net worth falling |

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

- 2026-04-22 [Member One-Virginia Credit Union merger creates bank account issues - WDBJ7](https://news.google.com/rss/articles/CBMiowFBVV95cUxPQVJnRU42cmdiLUJkMFlrOWhuaHYzbEh3eE1HM0xnelNUcDRCRjFESVB2QjRxLVFRWVJhalNOak9RN2k0REFtMkphbmFRSHkxT2VTWjNPaUZ4UVNWVk5sR2NIRW9xbGxram5ZQTBRS0V6YjYtSGcyUXE3OVR0VGVUcnVKUlZRbUx6d1dOWmYtRnlhRm9IcElHRFFKbTA2bkswY1Mw0gG3AUFVX3lxTE5ld3dNS2dtc2tSWVhTZzc5cVcxMlozRHk4WWpPYWR1OVlteUh6bEFPREhtR3RKRnhzQUN5bXlwZzJKRXlmLVJOZjdselROTm1lZXliT2ZCbWNXWW5HV1MyNmVra3VYZktmNWFxMlU3NExyUksyR0hGODhwaHU2aHNSWU11M0NYYVVfZTVmb1gzVWRwYmRwNjBsYWRkbVg0YUZEQ2VmQlJyRFhUS2ZEeTk5c0UwNzk1Zw?oc=5) · WDBJ7
- 2026-04-27 [Merger between MemberOne and Virginia Credit Union causes issues for ex-MemberOne customers - WSLS](https://news.google.com/rss/articles/CBMi0AFBVV95cUxPT1FGT3ItekkybXRjWmdSaFpQM25JNzVsc0ZEcnBJUlF0NVhldncwYjJSN2pGS19hSHVuV1RqYU85RjJLYmpEOUNscmNoRWRBcWVrR0ZsRFVwVVVEbnZ3TV9uYW5SX0lKU3R5andhNGlENUZUQ3JSZ0NqYWJNUkI2S0U3VzZJbjMtQjFDcVloWF9lMjVNbE1veEU0M3FvWGx2ZklJbTllZXAxS1c5XzlDcFRDSGNJV3EtQlVtT1d5Z2JXa1J2RVZadVlDeWY3SzVn?oc=5) · WSLS
- 2026-04-22 [Member One-Virginia Credit Union Merger Creates Account Issues - WDBJ7](https://news.google.com/rss/articles/CBMipAFBVV95cUxOdy1lOFpyRU9zdFhDMVVrX29XcVU2SnpfT05LNnZKSjNvT0VrZHNLaURreXhDSEluS1RZOVhURmV6VW1mUzJ3R1V3X3NfdThGcmNvV01ydF9lRFB2ekpNXzg0VzdkeFhrNXFZR3k1X1VBQzdFeV92T2RKM3VNYnJaOUdqeUVpWFlFZV9oRlZ5NUdyZTh3aEEybkhaeldJQnd6eXVQQw?oc=5) · WDBJ7
- 2025-12-23 [Gang members, ex-employee charged in thefts from Member One credit union - Roanoke Times](https://news.google.com/rss/articles/CBMimAFBVV95cUxNVXhEODhPUmgtS2dDZ2hpS196UEsxa3NYeGtZX3A3VDVBMGY0ZTYzMk1YelVGNDdNNXRpYlZGdnQzZFdLQzdVZkY0dTgtVWprSDh1ZHdXMzBTTEdhX3RPSkYtVXZ4RHd0RExhbnNHdXZfd2RJV21mOEJ3TWsta2FVQVA0d1FRMzdJeTlSbmtTc05KRjFoQ0t1Sg?oc=5) · Roanoke Times
- 2025-11-05 [Banking | Finance 2025: SHOCKLEY, CHRISTOPHER M. ‘CHRIS’ - Virginia Business](https://news.google.com/rss/articles/CBMihgFBVV95cUxNMXZZS1RfbXR3cEJNb2hhTVhibG5ZVFVpQUhNNk5xMWMtYnI0RjV2LVZkeVdNaGQxVFJYdmtjajVIUlhDb3d2OGpqNFhqdGRvYnBqektOeUFBMUpWVGxTUXJoV19uOWJJaUthckFYQnpSTzYwMVFoeEhfeURGRS1YQnFuMWJsQQ?oc=5) · Virginia Business
- 2026-02-11 [Roanoke County Police searching for suspect in bank robbery - WSET](https://news.google.com/rss/articles/CBMikAFBVV95cUxQejNYVS1TWGl4bzN0RXhncUhyOVNtWVFXLWc1eWRKTTF0OHhwMTJwZmlvNWhwUmE3dmlZaUJwWUd6SHo3X29XZFZMZWNwRjJLeXNoUkxvVklPb3ViTFJEVXg5Um1VVWwwRjhTS1ItLTdKWWxHYm9VZnVJSE1NcjNzc1NtM0dyMFJfMm81R3E5N3A?oc=5) · WSET
- 2026-02-12 [Update: Suspect arrested for Roanoke County credit union heist - WRIC ABC 8News](https://news.google.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?oc=5) · WRIC ABC 8News
- 2026-04-24 [Credit Union merger continues to leave some customers without paychecks, insurance payments - WDBJ7](https://news.google.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?oc=5) · WDBJ7

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=4035 (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/3.json (key "4035", 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=4035
- 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