# ADVANTAGE
Mansfield, OH · NCUA charter 61383 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/advantage-61383

Who the members are: state charter, organized 1961. 3,503 members of 50,000 potential (7.0% of the field); checking penetration 42% (share draft accounts per 100 members); loans per 100 members 53.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $42.5M |
| Members | 3,503 (-6.6% YoY) |
| Full-time staff | 14 |
| Net worth | $4.1M |
| Net worth ratio | 9.6% (p14 of band) |
| ROA (annualized) | 0.05% (p26 of band) |
| Total delinquency | 0.08% (p24 of band) |
| Net charge-offs (annualized) | 0.76% (p81 of band) |
| Loans / shares | 53% (p43 of band) |
| Cash / assets | 21.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.75% (p44 of band) |
| Operating expense / assets | 4.43% (p68 of band) |
| Vehicles % of loans | 50% (p35 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 71% |
| Third-party paper % of net worth | 183% (p98 of band) |
| Vehicle delinquency | 0.10% (p36 of band) |
| Vehicle NCO | 1.31% (p89 of band) |
| Repossessed % of vehicle book | 0.10% (p92 of band) |
| Real estate % of loans | 42% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 79% |
| Certificates % of member funds | 15% |
| Average share balance | $6,533 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 53% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $11,136 |
| Loans granted, annualized | $2.2M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, 3rd-party paper>100% NW |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | losing money |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 | members leaving | losing money |
| 2017-06 | 2 |  | members leaving |
| 2017-09 | 3 | delinquency rising |  |
| 2017-12 | 3 | auto monoline | delinquency rising |
| 2018-03 | 4 | delinquency rising |  |
| 2018-06 | 4 |  |  |
| 2018-09 | 2 |  | auto monoline, delinquency rising |
| 2018-12 | 4 | members leaving, loan book shrinking |  |
| 2019-03 | 4 |  |  |
| 2019-06 | 3 |  | thin capital |
| 2019-09 | 4 | assets shrinking |  |
| 2019-12 | 3 |  | loan book shrinking |
| 2020-03 | 4 | delinquency rising |  |
| 2020-06 | 2 | net worth falling | members leaving, assets shrinking, delinquency rising |
| 2020-09 | 2 | margin squeeze | net worth falling |
| 2020-12 | 1 |  | margin squeeze |
| 2021-03 | 3 | thin capital, margin squeeze |  |
| 2021-06 | 1 |  | thin capital, margin squeeze |
| 2021-09 | 2 | thin capital |  |
| 2021-12 | 4 | net worth falling, delinquency rising |  |
| 2022-03 | 4 |  |  |
| 2022-06 | 5 | members leaving, auto monoline | net worth falling |
| 2022-09 | 5 |  |  |
| 2022-12 | 5 |  |  |
| 2023-03 | 4 |  | delinquency rising |
| 2023-06 | 4 | delinquency rising | members leaving |
| 2023-09 | 3 | assets shrinking | thin capital, delinquency rising |
| 2023-12 | 3 | members leaving | assets shrinking |
| 2024-03 | 4 | assets shrinking |  |
| 2024-06 | 3 |  | auto monoline |
| 2024-09 | 3 |  |  |
| 2024-12 | 4 | delinquency rising |  |
| 2025-03 | 5 | net worth falling, losing money | assets shrinking |
| 2025-06 | 3 | repo signal | delinquency rising, net worth falling, losing money |
| 2025-09 | 2 |  | repo signal |
| 2025-12 | 3 | net worth falling |  |
| 2026-03 | 3 | delinquency rising | net worth falling |

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

- 2026-08-26 [Piedmont Advantage members approve merger with Truliant - WXII](https://news.google.com/rss/articles/CBMihgFBVV95cUxPS1ppMm8zZkpwVjBzWHRHN2ktZnJUc055VVI3WDNTck43VTFRY2dnX2V0MG5pbTBuVm9UamNhdkVfUnlUMENwUXUzS3dWNUJUbFdZQzFTX01qa25FOHhfWWExMEtyUmU1M0I2dXJTbkZjUXI2WDl4dmc5dWZfNmpCcm14Uk01Zw?oc=5) · WXII
- 2026-06-28 [Wright-Patt Credit Union celebrates grand opening of Tipp City location - Miami Valley Today](https://news.google.com/rss/articles/CBMiowFBVV95cUxOY2xyRDYwYnFJSEpwTWw0T05SaFZFSDNmMi1SNVZjV3JkNEE3dWlsOE51U0JnWXdOdS04NThETVN6N3BPRmJtdndBUkZNNU93a2pFckN6VzNSTmR2QXdkQkxmcFgtZW9sVVN6aV95T1d6Zy04QVRxQTA1d3NWYjBkc2tMaVNMMVBwa2wtc2QyQXd5ZUhlWFhLV0M3WG55RUJ1b0xn?oc=5) · Miami Valley Today
- 2026-05-19 [Acumen Financial Advantage Expands Leadership Team, Deepening Commitment to the Credit Union Movement - Business Wire](https://news.google.com/rss/articles/CBMi7gFBVV95cUxNSFJZRFhjaW9wX3RyVmFLZnhQVU8xaDJzMHV4RFhHdUFIbjQ2RDNxVmI0UXJNdGJIWFNxQ2RLWWhKNl95QmdqRE0yTmhLX2l0dzRSRmtDTUdvM0g3Mmo1OWk1em44azJQYl9BczBWOUNxWmJYdHlIaHJ3SkUybUJtNjhZTEM1c2VveUhWbTNnYUxleDJtSnhZSkZnRGJqaTJNZVpSOG1XU1pvQ1dScU14MHd3NUt6T1B0ME9CSFItQ2JubzR0QTI1NDBKQjh1a2c2WnFLNjgyYTBXdWhvM1FiaTJNdWlDQ1hFUV90ekln?oc=5) · Business Wire
- 2026-03-22 [DESCO to open South Point branch - irontontribune.com](https://news.google.com/rss/articles/CBMie0FVX3lxTE1lTDIyQXlzMEZzSmxidjkyWnZXZGtyeHB3cWktT3ZVOG1xT1RxMHo5OFF4X0VZX3ZQQ09WV2dQMHhVRFRIdnY5blhLSnFDV3FLN2JkdEhWdDkyWmZLbjRWZW1selptZE5kdmZjLTRSWWM0dHg1OTRXWVZFTQ?oc=5) · irontontribune.com
- 2026-03-17 [Telhio on state initiative to promote economic growth across Ohio - 10TV](https://news.google.com/rss/articles/CBMi5AFBVV95cUxNYUxwdElMV3FNTFE4UG0zbGVrOWx5WW04UFpyUHV2MlNzQ2gwSU8tYk85dmxBWE9ZWkVOeEdMUTlUSGtkeS1oMjNfTGh1aS1qZXZ6bExFbEdMckZDcUdwQ0ZrdkVxOGZfNHJ4MDZhVWNVa01zc0hCZndWTldENnlBdWtscFVFSjZCTHRaRjVPSFI4RVJRd1dGQ3ZsV1JHX3JkNU5MWFZ2dXdnYVZsOWsybTgxcUF2M3ZXRlJuNmRCRUxnMk14YWpHdktCZWp2MUFYQ3k0aVdXWG5qMG1zbVdxVW8wSTA?oc=5) · 10TV
- 2026-04-22 [Truliant plans to acquire fellow Winston-Salem financial institution Piedmont Advantage - Winston-Salem Journal](https://news.google.com/rss/articles/CBMipwFBVV95cUxNZi1XN0JxcTgySXBwdFNIUnlQTHJSMGMwdTFVR0N0QVNvTS1MZktDSGllNnowNGdGVWl0dUpiUWVha0ZsalcycUJqOE13ZFZVTlRjZ1gzZlA5QjEzcXhDUEs1MGwtMUd0bHpnS0VqbVFIQ2tkNTFCem5XV1J2QVhDWnNPeUlhT3c1aF91TnBrVFN1UHZHa0UyZmxwbU0xdDFnOTVUNEhBbw?oc=5) · Winston-Salem Journal
- 2025-12-08 [Marquis Software Solutions Under Investigation for Data Breach of Over 780,000 Financial Records - Schubert Jonckheer & Kolbe](https://news.google.com/rss/articles/CBMickFVX3lxTE1vZVQ4bU5jSFVZOGJmZmVqbDJWLXBOcHcxWUZISVE3djVZZVM4ZHFaRTdFTk9vMGptMU5fY2NjMmNRRlRSX1BHVEJ6VjdDeHlSNEZIeTNYU2VoYVRaaDZqT2otMUJvaEROYWx3OWdlQmdIZw?oc=5) · Schubert Jonckheer &amp; Kolbe
- 2025-12-03 [CoVantage Credit Union Data Breach Impacts 160K; Victims Taking Action - ClassAction.org](https://news.google.com/rss/articles/CBMijgFBVV95cUxPTHJhZ3ZJN0pZR01kQ3ZvQUExMlF0d2M0SDhyQ3JncGxBUzdGV1Y0OVNTRHd5WkdFTGFGMHBGdGlOM1VaYTBOZ1Rhc2hIdDlBY1hNYVNEd29FTkMwY3JrUW5TWE5CbWFOem9LZlY3bWFET3FFWHdSYkg0R190MDVHeFZqQmI3RDZPWVlpclF3?oc=5) · ClassAction.org

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61383 (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/7.json (key "61383", 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=61383
- 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