# ASSOCIATED CREDIT UNION
NORCROSS, GA · NCUA charter 60484 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/associated-credit-union-60484

Who the members are: state charter, organized 1930. 172,340 members of 650,000 potential (26.5% of the field); checking penetration 47% (share draft accounts per 100 members); loans per 100 members 129.

**Verdict on the desk:** this could be *participation buyer*. 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 | $2.56B |
| Members | 172,340 (10.9% YoY) |
| Full-time staff | 408 |
| Net worth | $326.9M |
| Net worth ratio | 12.8% (p80 of band) |
| ROA (annualized) | 0.65% (p46 of band) |
| Total delinquency | 0.30% (p14 of band) |
| Net charge-offs (annualized) | 0.59% (p58 of band) |
| Loans / shares | 85% (p44 of band) |
| Cash / assets | 11.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.60% (p69 of band) |
| Operating expense / assets | 3.57% (p68 of band) |
| Vehicles % of loans | 50% (p89 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 28% |
| Third-party paper % of net worth | 211% (p69 of band) |
| Vehicle delinquency | 0.42% (p30 of band) |
| Vehicle NCO | 1.23% (p63 of band) |
| Repossessed % of vehicle book | 0.12% (p65 of band) |
| Real estate % of loans | 41% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 25% |
| Core shares % of member funds | 48% |
| Certificates % of member funds | 21% |
| Average share balance | $7,032 |
| Participations bought / yr | $114.4M |
| Participations sold / yr | $0 |
| Participations outstanding | $528.0M |
| Loans outstanding per 100 members | 129% |
| Loans granted per 100 members, annualized | 41% |
| Average loan balance | $8,397 |
| Loans granted, annualized | $703.4M |

## Participation posture (from the same filings)

Bought $114.4M and sold $0 in the latest annualized quarter; $528.0M outstanding purchased (161.5% of net worth), $16.8M sold and retained. Sold in 7 and bought in 8 of the last 8 quarters. Shares 9.3% year over year.

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | net worth falling |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 1 |  | net worth falling |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | members leaving |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 1 |  | members leaving |
| 2020-06 | 2 | net worth falling |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 3 | margin squeeze |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 2 |  | margin squeeze |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | 3rd-party paper>100% NW |  |
| 2022-06 | 2 |  | net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | delinquency rising |  |
| 2024-03 | 3 | net worth falling | delinquency rising |
| 2024-06 | 1 |  | auto monoline, net worth falling |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2025-11-05 [Associated Credit Union signs Georgia Bulldog track stars and Olympians Sanaa & Sole Frederick to NIL deals - CUInsight](https://news.google.com/rss/articles/CBMi3wFBVV95cUxQbWkyNUtuN0l1UkJCelpzQXJXZ01qZGcwbEM5VEVyVWl2RmtXZ2dlcldqTFdQLWxCUHY5SU9aLV9ZX1p1cExrQkk3SUpuVmFuTFo5c2RfbHRPRUVPekNmZU1ZRm96ZHM1Z0NnX1dPV19BYjF2SlNWdHFXcHNfUzk1MmVqT1VjTEpBS1daYXhmTkxSNVQxVWFfT00tSnpHaENMNXVpX3ZqbmhQeXd6M1ZlZWRJUUdJTmdFZlQtM3dxdWpHYVhQT21YdG5vZVA1THBrRGRYWE5YZVBUVjBkVTZB?oc=5) · CUInsight
- 2025-12-02 [NCUA Approves 41 Credit Union Mergers During 2025’s Third Quarter - CUTimes](https://news.google.com/rss/articles/CBMiogFBVV95cUxQV1IxTmFXNzRCTWxqWW5zOHBOLWVlZGo0MzZGV2ZqTWlCUkpfNXRtc0FUNXBWZjdRemt6eDBXdGZKa0M4aklYRTlQcGY0dHlTTjNjaVpLa040VnM2T3dScjh1YUhYdFprZU9fWVBjYlF2WVNkM1p4amZpTEhHVE5yNzA3X2lIVVQ4WV94bHVvd1lOdGE0U3E3eU5QX1E1UVprX0E?oc=5) · CUTimes
- 2026-04-06 [Goodwill job fair connects job seekers with employers in Augusta - The Augusta Chronicle](https://news.google.com/rss/articles/CBMiygFBVV95cUxNTjRzbjBHcFc3X1VhODh3UE9jbDg2R20wUGlHZGJsdHg3bWdObTlsSElmV3lMOFhXSDhSc2hhTDdtUEhoVjk1dkYwR0FMWk53NWk3V2IySHg1STlKWXRUb2I2amd2SllnbE1QVWk2eVVhWkl3WWxrMmNYdmxXdTBMQzM1SFZyWVhpdnNIVDh4VUhkSjBNakk1SDM2bnB6ODl0amFnelM5emxGWVhuQm9pTjd5WXlCamdRb2U0THhoYzYxTFluR0FraFlB?oc=5) · The Augusta Chronicle
- 2025-08-26 [The leader of one of Georgia’s biggest credit unions is retiring - AJC.com](https://news.google.com/rss/articles/CBMiowFBVV95cUxNOEI4UHBnd2pydUZTc29CbHJqR3BiQm5fOUpUYUFLeDktUk9namhjVXdmYnFWMWJFTVYxX21MQzNhUThxUXRZVkQ4NTBLZnJWaWU3ZnBiQ2cyTnZtZWtINVgxV2hNSzEzNV9HNGpsZnZuRDl2MElZcTBldzZDbHN2WFIxbExabUxTUlhQNHo4aXpiWFRDUTNNcGhsX2UtbnFHOVU0?oc=5) · AJC.com
- 2026-01-15 [The Atlanta Dogwood Festival Announces Its 90th Anniversary — ATL's Nearly Century-Long Tradition Saved From Closure Thanks To A Major Fundraising Effort - Secret Atlanta](https://news.google.com/rss/articles/CBMidkFVX3lxTE9OMnZ6bWs3cTRWcEtyR3RXQjNWamJadXA1MWVwaFRueUN2N3pwSkJjd3dSRXVCdjlDYzJlVUtCM3QtWWJITWwyS0ZwbjlneElDQ1FrVnlCazhGTXRNSGhVUHUwLTNxODFNWjBhMzJQOVhhOHRJMHc?oc=5) · Secret Atlanta
- 2019-01-09 [Associated CU Promotes Chadwick Evans to Senior Vice President of Lending - cutoday.info](https://news.google.com/rss/articles/CBMitgFBVV95cUxQQnNnZFF6Qjc0RUdiTkt5elpINWxvQ0JWb0JRazBYUDRYVlo5eWhnakNYQ05NNUdzdlRfVXFubVV6ZmpuX0dYZFliS3V1MVBFWnZNWmlXNVYtdGJlNGR6ajdzcVItWWVQS0QtVXZ5UXlscU9zZmFjaUFHWUE1YUM3Qk5XcjZvZ19GaGJtTzdpTnppMWtnbFdiWG1wTjhVbkIxTV9CZjhvb21kZHdHbWhocDltN2JoQQ?oc=5) · cutoday.info
- 2025-11-05 [Georgia QB Gunner Stockton Announces Career News on Wednesday - Yahoo Sports](https://news.google.com/rss/articles/CBMijAFBVV95cUxNbjNRWTQwb3ZkYlVFb3BoY29USTZDVUxHX3MyaXktblZRSm5SNVBtWDF1OEtXbUd3ZzhCNVdzM05HMXJpRU9YblVPTlpMVVpyZU5LYTdiQW0xQXV3YzBVVlJpTHdrZ3lnSC1Yb2ptZ1FtQVg3aTVLenJsdHNkdWRUNlBYZmpFTmJscUVndA?oc=5) · Yahoo Sports
- 2022-03-22 [Georgia football TE Brock Bowers enters into two-year NIL deal with financial institution - Online Athens](https://news.google.com/rss/articles/CBMilwJBVV95cUxOeWllTmVoZERxSDlPVlJseFpZa00xaGRzQ1h1MUlfbUk3OGdsZ0tzUDN1QWtTTkdWUWtVSURoRFUxQmNyMExpSGxfZjlXX1FPUkJDQXNJMUZnNXR0VTFnQktreXhUenVKcUhmOVFkWE1zdnBnZ2R6d01seHNRYk9nSEFHSHBTMlJFWEIwa2lncWZlbDQxR1ltSTgxcHVxT3JYREM0ckhQbzVRSEtnSjV4VWJXUkNjQzQydVZIc05vX0ktM1BRbFZSczk1MmVuelFtLTYzS3BpVzloMldBeE9lNHpqYzlzODZndWhpNlNPcFBEOE1xNGVPczJETXozb1V0VVFVZ282T1ZpNHBBM29WV2sxTEZtQVE?oc=5) · Online Athens

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60484 (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/4.json (key "60484", 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=60484
- 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