# THE ATLANTIC
Kenilworth, NJ · NCUA charter 477 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/the-atlantic-477

Who the members are: federal charter, community charter, organized 1935, low-income designated. 14,720 members of 1,300,000 potential (1.1% of the field); checking penetration 42% (share draft accounts per 100 members); loans per 100 members 101.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $236.0M |
| Members | 14,720 (-3.1% YoY) |
| Full-time staff | 40 |
| Net worth | $31.8M |
| Net worth ratio | 13.5% (p77 of band) |
| ROA (annualized) | -0.48% (p2 of band) |
| Total delinquency | 3.36% (p99 of band) |
| Net charge-offs (annualized) | 1.05% (p89 of band) |
| Loans / shares | 91% (p90 of band) |
| Cash / assets | 3.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.82% (p69 of band) |
| Operating expense / assets | 4.09% (p67 of band) |
| Vehicles % of loans | 7% (p5 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p9 of band) |
| Vehicle delinquency | 2.26% (p96 of band) |
| Vehicle NCO | 1.12% (p74 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 36% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 28% |
| Commercial % of net worth | 140% |
| Core shares % of member funds | 61% |
| Certificates % of member funds | 23% |
| Average share balance | $7,565 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $25.6M |
| Loans outstanding per 100 members | 101% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $12,512 |
| Loans granted, annualized | $39.1M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $25.6M outstanding purchased (80.5% of net worth), $0 sold and retained. Sold in 0 and bought in 3 of the last 8 quarters. Shares -3.8% year over year.

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | delinquency 2x band |  |
| 2017-03 | 4 | delinquency rising, assets shrinking |  |
| 2017-06 | 3 | net worth falling | delinquency 2x band, assets shrinking |
| 2017-09 | 4 | delinquency 2x band, assets shrinking | net worth falling |
| 2017-12 | 3 |  | delinquency rising |
| 2018-03 | 2 | net worth falling | losing money, assets shrinking |
| 2018-06 | 4 | losing money, delinquency rising, assets shrinking | net worth falling |
| 2018-09 | 4 | charge-offs p90 | assets shrinking |
| 2018-12 | 4 | net worth falling | delinquency rising |
| 2019-03 | 3 |  | losing money |
| 2019-06 | 3 |  |  |
| 2019-09 | 2 |  | net worth falling |
| 2019-12 | 1 |  | delinquency 2x band |
| 2020-03 | 2 | losing money, delinquency 2x band | charge-offs p90 |
| 2020-06 | 3 | net worth falling, charge-offs p90 | delinquency 2x band |
| 2020-09 | 4 | members leaving |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 4 |  |  |
| 2021-06 | 3 | loan book shrinking | losing money, net worth falling |
| 2021-09 | 3 | expense trap, delinquency 2x band | charge-offs p90, loan book shrinking |
| 2021-12 | 4 | assets shrinking |  |
| 2022-03 | 3 | delinquency rising | members leaving, expense trap |
| 2022-06 | 4 | charge-offs p90 |  |
| 2022-09 | 4 |  |  |
| 2022-12 | 2 |  | assets shrinking, delinquency rising |
| 2023-03 | 2 | delinquency rising | charge-offs p90 |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 | members leaving | delinquency rising |
| 2024-03 | 4 | net worth falling, losing money |  |
| 2024-06 | 3 |  | net worth falling |
| 2024-09 | 3 |  |  |
| 2024-12 | 4 | net worth falling |  |
| 2025-03 | 3 | assets shrinking | losing money, net worth falling |
| 2025-06 | 2 |  | assets shrinking |
| 2025-09 | 3 | delinquency rising |  |
| 2025-12 | 7 | net worth falling, losing money, charge-offs p90, assets shrinking |  |
| 2026-03 | 5 |  | net worth falling, charge-offs p90 |

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

- 2026-07-08 [The Atlantic Federal Credit Union Reduces Consumer Loan Account Opening Time from Two Days to Six Minutes with MANTL Loan Origination - PR Newswire](https://news.google.com/rss/articles/CBMimAJBVV95cUxPNVVEYW5BNVhlcjVlZ2E3UENNVS1NR0pOYlZGd0NtNzB0aWRoQnFwQ2tOZGFpd0t4clZpMFlubDJsVFNBWlhSSlFYN1YzVEdna1YwZTJ1YmxvRm1tV1Z2eWNsWFR6QndfZ2RzOFFXLXBCVkN0LWtSQnVQOW54eFRJUFRfRHNoUVJhNXdRMGtPdFhSV09LckJscTZUVEFJU3ZjaGRiczlvWFBDY1VoOGNaMjNIY1ktM0poNEE2ZHYtQXpFcmhOdmZXSW9FSU92aEYyR29xeDh1VGVNNzVmSXNka0Q1ZXg3UTJOcHNVQzUtdEpXbUtRUWhkN1pwM0dKSnBveG5NSWcxaFZNZWFRRnh2a19MNUN5RS1J?oc=5) · PR Newswire
- 2026-06-30 [East Orange Welcomes Its First Credit Union as The Atlantic Opens New Community Branch - TAPinto](https://news.google.com/rss/articles/CBMijAJBVV95cUxOWmFaaTR0MkZmN2tmeExla2p3NHVYbUpOdlY3T1NkLXRaU2JOT3FudlJYMlpaNXBqZm02MjdDNnViUlFEalVfeERKaUkwZVkwUndBd2ZKeGE2Yk9hVWd3eXo4elp2S0ZpTVpQZ2x0Q3AyaUZzaFdVRlQ1UGZOMmEydVYzZENZRUxEbFlKMjFsQnFXM2x6SEI4a1JzNVBQQmtKQTNjS2tYRzdGd0tBcm9iOV9PMHZ5cVVpSVNVQkVHRDRxYWtzVVEwanhDdldVR2EtSVZ3NlM1Nk9raVFsVHVVS0VTXzZBVWdGU1Nodng4a21OUWxJY2xBWTROSWVfelZRTnRLZHh5MTVtSUlz?oc=5) · TAPinto
- 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
- 2025-10-20 [The Atlantic Federal Credit Union Review: Pros and Cons - The College Investor](https://news.google.com/rss/articles/CBMif0FVX3lxTE1KRHFPTGZVNDdTX1NsdHhhRXhMTjY3Z1FZSHZkR3ZDbC1DSmlCYVA2V2w0ZmpuWDBoeS02UDMwSFhoRVJxZzJUX1FDRXlNaXpNRTFhX2NIbDhzMUJXRGd5aDRMaFVndW1sRm9zbnJrcDBGc21aMmlPeF85R29yS00?oc=5) · The College Investor
- 2026-07-08 [Atlantic FCU turns consumer loan opening into a 6-minute digital flow - Stock Titan](https://news.google.com/rss/articles/CBMiugFBVV95cUxPQnZvODZzeTJ4LVlUUUExdEk4YzlJMWlpOGgyWHozUmw0X0p0eW4wMTdRRzZ6LWpiTHRPOXg5Tng4MXhKc3NuUlN3S25fUnluejlxekNyQ05HeWlxM2kxSzRlSUo5WFhsMkR5TmtBS1oxbnkySkVkbEpESXFjWFg3U3ZIcFFaMWRFaG93TzFhakxTZndLRDRZY0xRb0VCZFAwVUpyNjZYMXJ4X0J4QkY5UERwdFUtdFBtZUE?oc=5) · Stock Titan
- 2022-10-05 [The Atlantic Federal Credit Union Selects Upstart for Personal Lending - Business Wire](https://news.google.com/rss/articles/CBMixgFBVV95cUxPb1Vuc1N6cWNCZEdOckVQQVpMV2l0cHRDeWNTbFZTLXRsUUFfUEpucGxyQWtzcG1yelcxcnZjUFhTRk9xZ29QMTZ5LVhxZUNwdzYtVDJ2cGRhSXdhTUg0c3lCM29tOGZZNkx0VUhJejIyQVlGcDhJLWRoQVFKZi02VUJhTHpOeFV3YWhnX3pPR3B1bUYwZ1hpb0lpZWZHbVE3cFQzbmJpSTBtU3pNRlhlTlZOQ091bDhpV2ZlOGdhYWpFSnRrTlE?oc=5) · Business Wire
- 2026-04-26 [The Black Crowes Return With New Album 'A Pound of Feathers' and a Massive Summer on Both Sides of the Atlantic - That Eric Alper](https://news.google.com/rss/articles/CBMi5gFBVV95cUxQRWZlVk8wSmI2dlpwblZEaHM2ckktM0FYODNyQjhJangxcGdBNkZhN1RxQmVsSkt5bmZpb1BTdV9CelRWaFBhT3NINzJoNm15aEhqNElJaW9wemdnQXZ5U2RkbEFlOTlRV1plXzRyMENZcU1VOWFQUUlkTXd1a1dad29menYzUDIyN1VMWHpRcTRCQWtYdy1RNnh1WDdCWF9aN2lqUUZQRUU0YTJZX2FnRk1nSUpac2RkbC1BRWpDZ0RQdnNaRmR5VExEeXRIeDhqeVhfSk1RVThGNTJaSGM1N0dwbzNkQQ?oc=5) · That Eric Alper

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=477 (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/29.json (key "477", 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=477
- 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