# NAVY FEDERAL CREDIT UNION
VIENNA, VA · NCUA charter 5536 · asset band >$10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/navy-federal-credit-union-5536

Who the members are: federal charter, military (single sponsor), organized 1947. 15,350,733 members of 184,000,000 potential (8.3% of the field); checking penetration 86% (share draft accounts per 100 members); loans per 100 members 58.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $203.56B |
| Members | 15,350,733 (5.7% YoY) |
| Full-time staff | 24607 |
| Net worth | $23.14B |
| Net worth ratio | 11.4% (p75 of band) |
| ROA (annualized) | 1.48% (p92 of band) |
| Total delinquency | 1.50% (p96 of band) |
| Net charge-offs (annualized) | 2.44% (p100 of band) |
| Loans / shares | 83% (p38 of band) |
| Cash / assets | 4.7% |
| Borrowings / assets | 3.21% |
| Net interest margin | 4.86% (p100 of band) |
| Operating expense / assets | 3.27% (p75 of band) |
| Vehicles % of loans | 23% (p50 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p6 of band) |
| Vehicle delinquency | 0.87% (p54 of band) |
| Vehicle NCO | 1.84% (p75 of band) |
| Repossessed % of vehicle book | 0.11% (p67 of band) |
| Real estate % of loans | 47% |
| Credit cards % of loans | 23% |
| Unsecured % of loans | 28% |
| Commercial % of net worth | 4% |
| Core shares % of member funds | 45% |
| Certificates % of member funds | 33% |
| Average share balance | $5,145 |
| Participations bought / yr | $74.0M |
| Participations sold / yr | $0 |
| Participations outstanding | $703.9M |
| Loans outstanding per 100 members | 58% |
| Loans granted per 100 members, annualized | 23% |
| Average loan balance | $16,152 |
| Loans granted, annualized | $64.48B |

## Participation posture (from the same filings)

Bought $74.0M and sold $0 in the latest annualized quarter; $703.9M outstanding purchased (3.0% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 8.2% year over year.

## Flags firing in the latest filing

- **charge-offs p90** (`aq_nco_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 5 | expense trap, delinquency 2x band, charge-offs p90, loans>95% of shares, leaning on borrowings |  |
| 2016-06 | 5 |  |  |
| 2016-09 | 5 |  |  |
| 2016-12 | 5 |  |  |
| 2017-03 | 5 |  |  |
| 2017-06 | 5 |  |  |
| 2017-09 | 5 |  |  |
| 2017-12 | 4 |  | delinquency 2x band |
| 2018-03 | 3 |  | expense trap |
| 2018-06 | 3 |  |  |
| 2018-09 | 4 | delinquency 2x band |  |
| 2018-12 | 4 |  |  |
| 2019-03 | 4 | margin squeeze | delinquency 2x band |
| 2019-06 | 4 | delinquency 2x band | margin squeeze |
| 2019-09 | 3 |  | loans>95% of shares |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 4 | net worth falling, margin squeeze | delinquency 2x band |
| 2020-09 | 4 |  |  |
| 2020-12 | 3 |  | leaning on borrowings |
| 2021-03 | 3 |  |  |
| 2021-06 | 2 | delinquency 2x band | net worth falling, margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 | net worth falling | delinquency 2x band |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 | leaning on borrowings | net worth falling |
| 2024-09 | 2 |  |  |
| 2024-12 | 1 |  | leaning on borrowings |
| 2025-03 | 2 | net worth falling |  |
| 2025-06 | 1 |  | net worth falling |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2026-08-27 [Va. state senator calls on Navy Federal to help victims forced to repay loans they didn't take out - WTKR](https://news.google.com/rss/articles/CBMizAFBVV95cUxPRFU3R0FEX2NTLWgwcGlfbkVaUUdsbk1UU1pHR1BKdmZvWW9TMFQ2Tjd1VHJsRXVlR0Q2cUU3THlJSTMtdWRLZ3JuNXh1alU4c2FXVi0zVjRnTGJqbUdfSjhjdzhCY2ZHeWhhRkF5ZkpNU3FrWmY2d0VlbklqUDVTdng5VDNSWFpDOGw0dnZTQm9TVDBEZzIyQ0Z4TGJFZlgydDJxY2lyLTV6N3VGa0JtVHVBek81MGpzR3psVVNoN2JYU2p3ZFFIOW1MWTA?oc=5) · WTKR
- 2026-09-01 [The best VA loan lenders of September 2026 - Yahoo Finance](https://news.google.com/rss/articles/CBMinAFBVV95cUxQTUxEUjgzYVJxaXNrV1hjaDZLd25Jbnhad2NwYTdOREtjSVpPOHVJVVZMbEszMXJsVUotOGIzaWI2UnpYTUlONGI5WFRrS3VpeFRoel9pWTdPVm9SUm92am9UczIxWUpKbUdWSjFxcEJZakpYOS05cjA5bG5QTE9rWWYxV0FkeHprRWlFUUpvN0dPTFZKZzFEdngzWDQ?oc=5) · Yahoo Finance
- 2026-08-31 [8 Best VA Loan Lenders of September 2026 - money.com](https://news.google.com/rss/articles/CBMiR0FVX3lxTE5KZHdvcUxndmZmcm0tVS1ESG9uWVdpWjZCanl2VTJIc2FEcE84aDVMNmxRZkY3MzVJWk8wNXU5Z2RUQS1RcWVj?oc=5) · money.com
- 2026-09-01 [Best VA loan lenders of September 2026 - CNBC](https://news.google.com/rss/articles/CBMiXkFVX3lxTE9zMHVuWnIwb01yZFdjemRodmZ4VXJvNjNzbldqQ0luWDFjVlo2ME1uMHRJZDNtNU9jWUkza0JWVGZyNmkzTmVQcXlaTjk4SjN5bW12blR0WXdGaVEwcmfSAWNBVV95cUxOU3QyZmFaWHR0dC1vMnljOUVIZll2ZE5QUlJhODZyQjFKbzhDVHI4bmI3SGg3ZGlxaDN3WGhYZGpSWl9KX0VfTEMteHIxTUZuTkUyNlc5eW8wbTF3WU82c1lKaDg?oc=5) · CNBC
- 2026-04-16 [$35,000 stolen from Navy Federal Credit Union with fake ID - wavy.com](https://news.google.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?oc=5) · wavy.com
- 2026-05-21 [Navy Federal Mortgage Review 2026 - NerdWallet](https://news.google.com/rss/articles/CBMijwFBVV95cUxPTHpWckJEdGxZNzg3ZmJQX3JjWTUyT3EtNVJKZXptWVpOZ1BWbDZINEtqQVpSbV9VSUNLV09CcmN4Ni05NEhsVF9BVXRNQ0IyakJqTTdCc181R191STlhTEIxUkx2c3hia0tVN1V3NVh5LWtUV1R1NnplNzZEaDNsVEVyWVY0bUhVNlNjejNkMA?oc=5) · NerdWallet
- 2025-12-04 [Navy Federal highlights widespread misunderstanding of VA loan advantages - WEAR-TV](https://news.google.com/rss/articles/CBMipgFBVV95cUxNN3B1SjdMSm5mSXBzLWg4ZnUxUFpMVUJWb1JYWlo5a2RjcWs4RHRMcEFnbjJBaEpkVzdPZVdvNjZfUDJJbDlHTlhoREV3dmQwbmlWUGl6M0ZSdlJOc0hadHY4VVNaeDV3Z1RoOVh3QUtHWk9HRjVnSHVzalpsdG80TjVJa0JpbnBWcXlFWVNGbHdwSWZjWFh4Mmk5bnNoeVlvLWh5S2pB?oc=5) · WEAR-TV
- 2026-05-01 [Navy Federal Marks Military Appreciation Month With Special Member Deals and Celebratory Events - Business Wire](https://news.google.com/rss/articles/CBMi5wFBVV95cUxOZHJBanBHRzVlSXl0ZlNVT18xazhsdk92OGtVbXZVYVVnUS1ObGk2c3E4WUhRcHFFNVZtX2ZEc0U5SGlPYVlvTktwRHBFUHROb20yRkpuVkRlOHpISXl2aGVNdk1DRE9GWUYzMU1yR0hXS05DTUNfcU16aDRaOUxOZzZqLVhodHNVbnpqS3dWMmIwT3lETVhBRU05eFNwTHFDYWF0U3hEV0VKc3l3a25NWlhoWWk2WkZhems1MW1LaElCVjJzUHlXOXZEQzAwNmNNazdsNjZ5UnUxVEw2dEpkR3lDS1RkWVE?oc=5) · Business Wire

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5536 (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/32.json (key "5536", 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=5536
- 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