# TBA
TRAVERSE CITY, MI · NCUA charter 61795 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/tba-61795

Who the members are: state charter, organized 1955. 20,600 members of 10,155,806 potential (0.2% of the field); checking penetration 56% (share draft accounts per 100 members); loans per 100 members 65.

**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 | $383.8M |
| Members | 20,600 (4.0% YoY) |
| Full-time staff | 79 |
| Net worth | $56.4M |
| Net worth ratio | 14.7% (p87 of band) |
| ROA (annualized) | 1.09% (p76 of band) |
| Total delinquency | 1.65% (p94 of band) |
| Net charge-offs (annualized) | 0.79% (p83 of band) |
| Loans / shares | 81% (p67 of band) |
| Cash / assets | 14.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.46% (p92 of band) |
| Operating expense / assets | 3.55% (p44 of band) |
| Vehicles % of loans | 34% (p52 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 69% |
| Third-party paper % of net worth | 129% (p65 of band) |
| Vehicle delinquency | 0.64% (p56 of band) |
| Vehicle NCO | 1.60% (p85 of band) |
| Repossessed % of vehicle book | 0.01% (p53 of band) |
| Real estate % of loans | 34% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 69% |
| Core shares % of member funds | 55% |
| Certificates % of member funds | 21% |
| Average share balance | $7,248 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $7.3M |
| Loans outstanding per 100 members | 65% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $19,437 |
| Loans granted, annualized | $79.6M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $7.3M outstanding purchased (13.0% of net worth), $0 sold and retained. Sold in 0 and bought in 5 of the last 8 quarters. Shares 3.1% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

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

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

- 2026-03-30 [TBA Credit Union welcomes Chris Dickens as Chief Credit Officer - CUInsight](https://news.google.com/rss/articles/CBMipwFBVV95cUxPRE1laUFGUlJlQ0Zoak00aXhyNU83OFE1OHVUTWtIUXd2Y0huYmZSYzN2VFUxRXhzeGFEVndqcXV4a0I1T3dLVWZQalYwbkZOSUwxNmNEa0d5dVBFdjRBb0pmWHNJM2RUeF8tNXNBbm1lODcydG1FdnFURHMwdmVGTXlwN2t4bVJsX2ppRG56anNMWG5vWE1VWGNZWVZZUTl5T24wNXpYVQ?oc=5) · CUInsight
- 2026-05-06 [Nine northern Michigan credit unions launch $500 micro-grant program for flood victims - 9and10News.com](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQZnBzMDB2NTg5MkFTdUlKYXJnUFR0N093Wi16LTRXamQwQ19oeFZiYWotMDdyVEZzMFpyX2FBWjlFMUZtVXUwVVpaV0owT2pyaUFvOTd6dXBjR05uS3Q2MUwxbEplRjFIOHhEV3hnY2VZZXoxcVV2bi1HcHlud2tDZEkzMWtzb2dManVuc2pJbDhPdmgwRWJWMEM2UVJHODBSOGtzd0JKN1JoZWktU3oyUnBTczNRNHY2cUlWcDRyOXFGdw?oc=5) · 9and10News.com
- 2026-01-06 [TBA Credit Union earns BauerFinancial’s top rating for 26th consecutive year - CUInsight](https://news.google.com/rss/articles/CBMitwFBVV95cUxPTFRMNTZfek9EeDNRdlpzVUZFMXp6bTV0WFY4TUJNQjNKMFQ1NEtaY1h4bVgzX1U2SkE0TXJrSENNRENjb3FFc091V3c4aXV3S2U1VXNGWjFBbDdaODktOGdtbExGcmE2aUhxc3MzUTJ2UXV4b2ZlM1Bra09MQm9JYk1WRnVVRXN6RTlOZ3hoZ1VzaUk1Qm1ta0xaeEhFd19CcE5zYi1fWF9xQ0E4ZEdGMzVhaUl4Y2s?oc=5) · CUInsight
- 2023-12-15 [A Crisis of Care: Employers, workers struggle from lack of childcare - Interlochen Public Radio](https://news.google.com/rss/articles/CBMiwwFBVV95cUxOU3NBakJhR1N6ZXJ1Qm8tMWMxcF9kZ1VuZF9TS3VxTXBRaDZ6elYwVXRSU2JFZ01mNjUtMHlMeF9uV05VUFJURzVXMFZNWE5lX3lUMDdka0JlaUZQSFhWaXpiT19VOF9kLThpc01oSHBZanh5SE54UzJqMXFSM3Ntbzlnbk5IM3lacHBhdXd2U1Z0bkh5ZlU0Y3FHVkFreUVRWVhzeE10VkthZ2FRRnFaQ0QzYmR2UFdkVEpRT0N1NmpNaTQ?oc=5) · Interlochen Public Radio
- 2026-09-09 [Business Memoranda: 09/09/2026 - Traverse City Record-Eagle](https://news.google.com/rss/articles/CBMivwFBVV95cUxQYzIzNWtnV2JybnVES1N1ZFB0MGlFcXpSMVk5MHU2ZDI3aU1TUDZzNzdVTElYWUFpbmpxaU9MTE1IakRWUFROMDQ1VDM2Mkpla0Jua0kzSjEwZ2VpeGtpVHR4SE9ocl83OWpSLXI4UktjZFNocmc5S3ZGMkpmZDVfRXhGNHZwVTItZW1sa1A3aDJTcGNYc0NrYWZmcDlweW5RYnN2MG04d0NCWEhzYlNRcW1fY3RrMEhuQlZIZTZLNA?oc=5) · Traverse City Record-Eagle
- 2025-11-27 [Spartans Pull Away From Heels, 74-58 - University of North Carolina Athletics](https://news.google.com/rss/articles/CBMihgFBVV95cUxNMlpvVkpoSkNkQ0llQ3Y1YlhGX1RFSUhwa0pSZ2ZoejZ0SzVWLUZPSndmMnNxNV9QLUFFdVUxb1duX2ZGaXYtQmFMQzN2WFR6Wm9aTnVwWlp1M2lmQ2tWYXNzbzBOYU9LWGp6T254MFlaTHYySERUWWNrcEJxQlVQLW1SVmdfdw?oc=5) · University of North Carolina Athletics
- 2022-09-21 [MSU alumnus Brian Matchett honored as Outstanding Educator - Michigan State University](https://news.google.com/rss/articles/CBMikgFBVV95cUxNMGJsVEdtRmlYVXVRTDZzd3ZPMV84dmRxRmhiWkUzeXo2cndnUWVubFhMdEcxTlFYcUVxcFBoY0VKVnJtVzRBTlY1YzBkeU44VDU2WHNWeUlSWFQ5QXRTdXZGejFfZ2NQMnMxSERNcUhwOTZibjJWSWY3dzFsTkZhT2kzRVcxZ0JOSHZzSkVkNmlxUQ?oc=5) · Michigan State University
- 2024-05-18 [North Ed, Others Announce Outstanding Educator Awards - The Ticker](https://news.google.com/rss/articles/CBMikwFBVV95cUxNVDV2Yk9JQk9nSjBzS1EzVGg1QnhwU2pKd2VfanBuV203aTdFbGNqLW41S0tvVzBMLS0tbHN0akZnQ3NNOVFaR3JMRHZQU3RwYkhqQUR0OFd6Y0VCYzEtTXlLTHcxRmk3eWpsMHRhekw5NkUtQzlBZ1pUVTRQYlJ2VkVBSF9nU195MVlxc1UzVHhnOEU?oc=5) · The Ticker

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61795 (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/35.json (key "61795", 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=61795
- 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