# NORTHWEST
Herndon, VA · NCUA charter 5500 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/northwest-5500

Who the members are: federal charter, multiple common bond, organized 1947, low-income designated. 267,951 members of 3,439,101 potential (7.8% of the field); checking penetration 33% (share draft accounts per 100 members); loans per 100 members 46.

**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 | $4.55B |
| Members | 267,951 (0.9% YoY) |
| Full-time staff | 557 |
| Net worth | $536.9M |
| Net worth ratio | 11.8% (p69 of band) |
| ROA (annualized) | 0.41% (p23 of band) |
| Total delinquency | 0.37% (p24 of band) |
| Net charge-offs (annualized) | 0.30% (p24 of band) |
| Loans / shares | 83% (p40 of band) |
| Cash / assets | 2.4% |
| Borrowings / assets | 10.03% |
| Net interest margin | 2.99% (p27 of band) |
| Operating expense / assets | 3.15% (p46 of band) |
| Vehicles % of loans | 57% (p95 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 90% |
| Third-party paper % of net worth | 281% (p82 of band) |
| Vehicle delinquency | 0.16% (p8 of band) |
| Vehicle NCO | 0.42% (p13 of band) |
| Repossessed % of vehicle book | 0.02% (p29 of band) |
| Real estate % of loans | 36% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 17% |
| Core shares % of member funds | 44% |
| Certificates % of member funds | 26% |
| Average share balance | $8,644 |
| Participations bought / yr | $11.4M |
| Participations sold / yr | $0 |
| Participations outstanding | $29.6M |
| Loans outstanding per 100 members | 46% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $23,726 |
| Loans granted, annualized | $1.21B |

## Participation posture (from the same filings)

Bought $11.4M and sold $0 in the latest annualized quarter; $29.6M outstanding purchased (5.5% of net worth), $3.8M sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares 2.1% year over year.

## Flags firing in the latest filing

- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | leaning on borrowings, 3rd-party paper>100% NW |  |
| 2016-06 | 2 | charge-offs p90 | leaning on borrowings |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | charge-offs p90 |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | delinquency rising |  |
| 2017-09 | 1 |  | delinquency rising |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | charge-offs p90 |  |
| 2018-06 | 1 |  | charge-offs p90 |
| 2018-09 | 3 | loans>95% of shares, leaning on borrowings |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 2 |  | leaning on borrowings |
| 2019-09 | 3 | members leaving |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 6 | losing money, margin squeeze, leaning on borrowings |  |
| 2020-06 | 6 | net worth falling | losing money |
| 2020-09 | 3 | loan book shrinking | loans>95% of shares, members leaving, margin squeeze, net worth falling |
| 2020-12 | 4 | margin squeeze |  |
| 2021-03 | 3 |  | margin squeeze |
| 2021-06 | 5 | net worth falling, margin squeeze |  |
| 2021-09 | 3 |  | net worth falling, margin squeeze |
| 2021-12 | 2 | delinquency 2x band | leaning on borrowings, loan book shrinking |
| 2022-03 | 1 |  | delinquency 2x band |
| 2022-06 | 2 | assets shrinking |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 | leaning on borrowings | assets shrinking |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 4 | delinquency rising, assets shrinking |  |
| 2024-06 | 3 |  | assets shrinking |
| 2024-09 | 2 |  | delinquency rising |
| 2024-12 | 2 | assets shrinking | leaning on borrowings |
| 2025-03 | 3 | members leaving |  |
| 2025-06 | 5 | net worth falling, leaning on borrowings |  |
| 2025-09 | 5 |  |  |
| 2025-12 | 3 |  | assets shrinking, members leaving |
| 2026-03 | 2 |  | net worth falling |

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

- 2026-06-08 [George Mason Athletics Partners with Northwest Federal Credit Union for Inaugural NIL Basketball Signing Day - George Mason University Athletics](https://news.google.com/rss/articles/CBMi4AFBVV95cUxQN09KV3FCRHhNWVJRdWk4SS1EU3hIY1pHQWI0WE5kT3BMc0xtTjBrT09KNkVob1FLTmNWdE12ZmdNNVlSMFIxRkNSQzk0UENwVGxSWU0wdVFmZFoxdmZOUG1IUHJMU1NSMC16b3BMSEJJU0wtZlpPOHJyLWZHckNwS1pUMEdvaTkzZmxvNkxrV0cta21mQk95Tkp4Um5ubUZWWVFISXZ6WFNvbkFCV1RuUTVjWnA4MFRKZF9MeW1OdEtEM1pUaC0zQWw0VHNpUkdudkU1Zkp3TkFhRi1WdmRxZA?oc=5) · George Mason University Athletics
- 2026-04-17 [Great Falls Gets New Northwest Federal Credit Union Branch - Patch](https://news.google.com/rss/articles/CBMisAFBVV95cUxQQ0xYYjJlSDFuSzFoV2NlR19Rcm1NUVk4eXU4UXMyQXlIbVlrQzRDMExfeUE2a3hlSjRyaUd1a19pUjBIVng5QVhIU1ZWSHFTOVNpcmJNTlVldmRLT2QzQ09yX1hkT2R5blFxYVdaUHh0bzBQdXBqUV9xX19QMWtidGk0VmE4WktxOWtWZXl6VFhxOGJ1OGh0Y2hRT2N2SnU5TEhwdTJKT2xnWkNhQzBNVA?oc=5) · Patch
- 2026-04-16 [Northwest Federal Credit Union celebrates grand opening of new Great Falls branch - CUInsight](https://news.google.com/rss/articles/CBMivwFBVV95cUxNcllHa3luT0lYdmdBSEJnNXR0VDdzWXUzR3JCT09NUVJfbVFlUmNqVHVlMVE2ZE1VLW1vbU5KZjVWLWFoWDA3Q2xTVWR6dzFqWXRha1hjOWlhTGtVXzFWMGM0ZHVmN09ldjlwY2JEV2RWZWh5ejNpV2ZkOUlEQmVfM1l2ay1FbmpZUGtHOE5RUHJnZWxmMFFKNnBaWm03SGZIcmNheUlqT3JhNmc2amQ0WFBhR1JBbFVQTHU3TTdlMA?oc=5) · CUInsight
- 2026-09-02 [Northwest FCU Partners With InvestiFi To Add Digital Investing - cutoday.info](https://news.google.com/rss/articles/CBMivgFBVV95cUxPRGU2Zy1WSXdZNXRWU1lucmxzODNmSnJYbG9hN1g2NUwwckhiZWlFeERLZnVNb21PZW9rX0tPb0xkZFE5a0FjbngtLXhIWEVqV0U5WDhWZWxHUktIdzVxdWNPdldyNTR0LUF4c29wTGVBeGU5Qm5Rc2N4dDBOdmhpb1lkcF9uTjNTZEZOMjVQY3Uxa3M4U2p3a1hLNVE5ajd3YXJvWFRiaGRUYTlULVJWZEZsUm5FVkIxTDVaei1n?oc=5) · cutoday.info
- 2026-06-16 [Northwest Federal Credit Union and George Mason Athletics Expand Partnership to Advance Student Financial Wellness On and Off the Court - George Mason University Athletics](https://news.google.com/rss/articles/CBMihgJBVV95cUxPTHY0d1VhRFM0TUs3T1NNWlpNekMxdXNTYkgzZjdVQkVzbDRBRl9zSnRLZWgyTUE2ZzRfUFd1Ty16WGJoWlpYdmYtdGQwZkdMQzRkdnV0aHljU1o1SVg4TWdHamNKOVU1cVdZT2o5Y0xfRDRCTFh0Z00tNDU2WFZZb3M0ZzZnZnRjclotS1JMV0VWblNHR3JPSnc4X19kSGlfMDRQWkhYa0RjYjd6Vm83eDZtTFJkTnRIN01IV0hGYmp1S3k2WmYzbzhyNXFzLXpjNlh5bEhEOGphVGdPNklrRm5LblZfWjFQVXAwYUhaaU9Xenp1VEdlUXg2YnAxWXFXMmZQQjdn?oc=5) · George Mason University Athletics
- 2026-06-16 [George Mason’s Culture Is Becoming Its Greatest Recruiting Tool - Falls Church News-Press Online](https://news.google.com/rss/articles/CBMimwFBVV95cUxOY3l2S0lqY2Q2dDE4bW5FcFRtSFMxdDJOdHZkRTBEZUY3M1ZSSXFqNWZXcmRuVzRQU1RhMkk1RHdnZGYzby1OMUVXN1k2Wk5tZzZ5dFg2aWxHYjc0aTZfNFZDUzlkWFVfOWN0UUlGMjl1bURlalp6ZEtnbHIyYjJWSkR6SVBTNmUzZElRYm1BZXRiaEt2RmtPUXlfMA?oc=5) · Falls Church News-Press Online
- 2025-12-16 [SEE | SUV crashes into real estate office in Ashburn - WJLA](https://news.google.com/rss/articles/CBMitAJBVV95cUxOTEhfNmtxZFpTaFVYanBpcXlCOWtYMDB6RE5ackVBQXFMa1RGM3hnd285dElnN1F2OG5WUUdhOUtDRmlfbURXT0FzWTY2V21xU0JQTEFWY1pDZEt2WkFLeVI1RUlUemtPN29TWGVpNUlVQ2U1YWdVY1NwTVlway1VR1QtUThaOVUyM3MzWEJLNVA2RjFOTTBfdjQzdDJqMDdGZUJ3cTVhamROeS1lTWRHRWR6d2NuanZYbGhfNDU0bjlxcll4ZmQxTlktNGlWQjNiVUtVVnVjMHZfeVlhYWh1cDRmQVoyRmxvcGlZSnYxSjBuOTdkMXUzVS1hMXBLVDk3TV9Vc0tlNk5CMmRWSjg3TmlpZmhyYXN5MmhuN3MxeWJiamlScEIxXzFyN04wVzJ3eVUxYQ?oc=5) · WJLA
- 2024-08-27 [Washington Commanders and Northwest Federal Credit Union Announce Stadium Naming-Rights Deal - Washington Commanders](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQQ0RHekZBcm01VU1ObjZpc3QxZ19oX0VTRUtyZ3RtSXVaa0VtclRvTndCbzBFZHQ0TzEtWVQ4T0RuTGprMU50VEFUQjJEZFFfNTB2Z2dNeDV2R01pX081a3Y5RW5yajMyQVdMR0l0T1hsb1FmNTV0bWxWUjdGTGVfRk5lR0hUUEwwX1AzczdvdENRRUpUazhKdkMzME5NZWduNFpHUkt2ZmxzTkRBR1NuV1d0aGo3OGVLVkNoYkp2WW9hUQ?oc=5) · Washington Commanders

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5500 (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/60.json (key "5500", 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=5500
- 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