# BRONCO
FRANKLIN, VA · NCUA charter 4616 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/bronco-4616

Who the members are: federal charter, community charter, organized 1941, low-income designated. 19,316 members of 1,186,764 potential (1.6% of the field); checking penetration 58% (share draft accounts per 100 members); loans per 100 members 53.

**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 | $293.1M |
| Members | 19,316 (5.4% YoY) |
| Full-time staff | 53 |
| Net worth | $30.4M |
| Net worth ratio | 10.4% (p35 of band) |
| ROA (annualized) | 0.61% (p42 of band) |
| Total delinquency | 0.59% (p49 of band) |
| Net charge-offs (annualized) | 0.70% (p77 of band) |
| Loans / shares | 77% (p57 of band) |
| Cash / assets | 20.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.33% (p89 of band) |
| Operating expense / assets | 3.98% (p62 of band) |
| Vehicles % of loans | 55% (p86 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 77% |
| Third-party paper % of net worth | 283% (p92 of band) |
| Vehicle delinquency | 0.98% (p76 of band) |
| Vehicle NCO | 1.25% (p78 of band) |
| Repossessed % of vehicle book | 0.17% (p82 of band) |
| Real estate % of loans | 33% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 38% |
| Core shares % of member funds | 62% |
| Certificates % of member funds | 27% |
| Average share balance | $7,373 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 53% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $19,805 |
| Loans granted, annualized | $69.5M |

## 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 | 3 | thin capital, delinquency 2x band, 3rd-party paper>100% NW |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 2 |  | delinquency 2x band |
| 2019-06 | 2 | delinquency 2x band | thin capital |
| 2019-09 | 1 |  | delinquency 2x band |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | delinquency 2x band, delinquency rising |  |
| 2020-06 | 4 | thin capital, net worth falling, margin squeeze | delinquency 2x band, delinquency rising |
| 2020-09 | 5 | delinquency 2x band |  |
| 2020-12 | 5 |  |  |
| 2021-03 | 5 |  |  |
| 2021-06 | 4 |  | delinquency 2x band |
| 2021-09 | 4 |  |  |
| 2021-12 | 5 | members leaving |  |
| 2022-03 | 3 |  | margin squeeze, members leaving |
| 2022-06 | 4 | delinquency 2x band, delinquency rising | net worth falling |
| 2022-09 | 3 |  | delinquency 2x band |
| 2022-12 | 4 | delinquency 2x band |  |
| 2023-03 | 3 |  | delinquency 2x band |
| 2023-06 | 1 |  | thin capital, delinquency rising |
| 2023-09 | 3 | delinquency 2x band, delinquency rising |  |
| 2023-12 | 1 |  | delinquency 2x band, delinquency rising |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 3 | net worth falling, delinquency rising |  |
| 2026-03 | 2 |  | delinquency rising |

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

- 2026-03-20 [Dalton appointed as BFCU member business services manager - The Tidewater News](https://news.google.com/rss/articles/CBMipwFBVV95cUxPV1kxV0dJS2RmTmpHTC1yektvNHlKM3RqcXZmdUxfVU4taHI1U1R2VjA3NW52VmN4MlN5V1VjSTNVUzg0dERrVV96TTdhYXN1cVJyQUZnbzV5TDZoUFRWY3g4Y1hJV0tJVE1CU1ZzSTRwZ2NFdFNVcDl0bi1hcEFOX0lEa3B6ZFdidk9lVlJDcWNrSTgzR1Byckpnd0N2NjJHS1NQTDZ3MA?oc=5) · The Tidewater News
- 2025-10-01 [4 Credit Unions Deepen Community Bonds With New Sports Deals - CUTimes](https://news.google.com/rss/articles/CBMinAFBVV95cUxNQnZUUWlTZjVzcjVzd0lJa1hNc2poRm5iRFpjMkRneGpoQkNBVkN4S1NJaFJEUl9IRnIzMnBHQk1SdXd2RVozWjdubUl4Y3hMR1k0MlRQQVNfSnRKY0Z0WC10d1cyNm5mNjQyb2NnVnRSWURFcGNOTHJCTlRfRDd1dE5USExSbjhYNWpoakNVb1VuUllabGV1U1NuQXY?oc=5) · CUTimes
- 2020-10-12 [Holly Cooke Ledbetter, 38, human resources and administrative services manager, Bronco Federal Credit Union | Top 40 Under 40 - The Virginian-Pilot](https://news.google.com/rss/articles/CBMi8gFBVV95cUxPRkdSQWRyRUl6VVY5TEdSYW5ETGNpeU01UEJPTDlrZkdDV0N0X3ZKcDFjaUkyOU9hOWlBZnROQjFlR3BzY0JacDlmUDJDd3RNNnZfeGFfODdQWFJhM3VpOHBZN29jRF9BLV9YamJPVy1fTFlVRS1vcVY5Y1JFUnZxS0VpLWlMb1RXZWJPRTVYUGpyc0dpT2RmODdVTXVBNmE2ZmtMZHdBM00tSUQ2Zm5oUC1TcjlGbTJfdGlmX0poOU9lUHZONVhnbVo1SUhaVFo5cmdzaWt0eEJfZWMyWXNJdmNYS3laTWNvd0V1VU4wdlpzZw?oc=5) · The Virginian-Pilot
- 2025-10-12 [Virginia Moves Up In AP Top 25, Achieves Highest Ranking Since 2019 - Sports Illustrated](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQeTFfQTZZRUpyWG1QdlFhbmJCNXUzcmNXektKcjI4NzU0SHp1YldMd3loUElmQmNDaXZVd3ROb0ZVQWdZX2FwZEh2b2xBbTU2dTRMV2djZFd3eGt2TF9iQkhMWktadnZYamJVTlhoQ2xzUkpCWjZkZkFSSXluMmwxY3A5THlaamVjSE5MRXpHV1ZpNzVmdS01c29rMmNhWkNoa1dKN1VLUldBbUhDYmRRdVp6c3ZqVTRiaUFxWVI0V0pjUQ?oc=5) · Sports Illustrated
- 2020-08-28 [Reorganization creates new leaders and more new hires, promotions - American Banker](https://news.google.com/rss/articles/CBMiswFBVV95cUxOOURDcUR0VjVIZ3FlMDhYcWEzdHNvWTRKY3lOVTlxNnBhLXBDb043MG8tdGJLMFVGSm53a2Nub0w5Qml6SVV0ZnVGbWhyWk5vTkZHVmw3THZVU2EtM2UyTlB2OWlLQWdfd0NYanB6ZXBFYmllVDE1UzdnSG9HX0NwQUl0UnliNzkybEp4VXpuQ0lSQ1ZtSzUxbThEZWVZNzYxTVVYNjJYdzI4N0FSYUI2MUhnZw?oc=5) · American Banker
- 2024-06-06 [Mark Harrup Obituary - Franklin, VA - Daily Press](https://news.google.com/rss/articles/CBMieEFVX3lxTE5Oa21rNjNfcTRkTHN2QTZDTDA5VzZncWJYRXFUX2k3WklKWUVIZ080UUl2R0laM3RFZEx0cG50WC1LTHVmbUhibElvNUFHZHlpUnJNeWJRZk9GSllVOUJkaGlPcXhlTC02U2p3S1NVTGF4cU9sUUItXw?oc=5) · Daily Press
- 2021-02-18 [Obituary: Virginia Chaloupka - SkyHiNews.com](https://news.google.com/rss/articles/CBMiekFVX3lxTE5aMlhRN1RlSC1iUmNBaERQMzl4UUdkQ29VX3VLUlJBaHdDdzNGRjRtWUdvSXlDRmNzMk5oaG1PR1BDaFNGNTFvTXZlZ0pVQ0swenZtR052SkZpdi1vWXVMZ0t1Y20wSlIzZjRhV2E3dllERDMxX2xfOGVn?oc=5) · SkyHiNews.com
- 2014-12-09 [Officer falls hanging Christmas lights, suffers traumatic injuries - 13newsnow.com](https://news.google.com/rss/articles/CBMizgFBVV95cUxNY3pnNFBMa3BsMjFRNW80TkVHXzRWNEhib0I2aTNlcWtVeEI4Mndwa2o5R1lacUo5dmY5cFRGS1pwdDdSWXppeUVtRHdsTmxmTEV2aklOVEdBSF8wWU9GSXZiTloxWWFLekRlbGVZYURNdVNqRkVXcTd1cUxjT1NDQ1BiVG8zcVRaSk5mczlnSFcyTG5yM1kxazNvSU5yVDVMUlpsUnYwUzNuZTh5LUxsdG5UNHJtRk0yMXJtekZtd0VzSjFlT3ZEZXZ3TDA5QQ?oc=5) · 13newsnow.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=4616 (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/8.json (key "4616", 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=4616
- 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