# LAFAYETTE
ROCKVILLE, MD · NCUA charter 619 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/lafayette-619

Who the members are: federal charter, multiple common bond, organized 1935, low-income designated. 56,790 members of 2,000,000 potential (2.8% of the field); checking penetration 46% (share draft accounts per 100 members); loans per 100 members 55.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $2.14B |
| Members | 56,790 (-1.3% YoY) |
| Full-time staff | 243 |
| Net worth | $259.7M |
| Net worth ratio | 12.2% (p73 of band) |
| ROA (annualized) | 0.13% (p8 of band) |
| Total delinquency | 3.07% (p99 of band) |
| Net charge-offs (annualized) | 5.12% (p100 of band) |
| Loans / shares | 50% (p4 of band) |
| Cash / assets | 41.3% |
| Borrowings / assets | 0.63% |
| Net interest margin | 0.91% (p0 of band) |
| Operating expense / assets | 2.46% (p16 of band) |
| Vehicles % of loans | 2% (p1 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 88% (p36 of band) |
| Vehicle delinquency | 0.18% (p9 of band) |
| Vehicle NCO | 5.98% (p99 of band) |
| Repossessed % of vehicle book | 0.00% (p11 of band) |
| Real estate % of loans | 70% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 17% |
| Commercial % of net worth | 30% |
| Core shares % of member funds | 12% |
| Certificates % of member funds | 55% |
| Average share balance | $12,906 |
| Participations bought / yr | $0 |
| Participations sold / yr | $12.0M |
| Participations outstanding | $108.9M |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $30,114 |
| Loans granted, annualized | $217.7M |

## Participation posture (from the same filings)

Bought $0 and sold $12.0M in the latest annualized quarter; $108.9M outstanding purchased (41.9% of net worth), $142.4M sold and retained. Sold in 6 and bought in 0 of the last 8 quarters. Shares 6.4% year over year.

## Flags firing in the latest filing

- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

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

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

- 2026-04-22 [Lafayette Federal Credit Union announces key business banking hires to lead revitalized program - CUInsight](https://news.google.com/rss/articles/CBMi0gFBVV95cUxQWjk0MmFKYlRtc1M0OGNha3pvMEstYWdGRWpFRzItcWduc0xhMXpiNjFfdHRIUEdmRGdJdlZQaW42ZFZHUjhKRTlmcmVMendMaUwtVnlUV0hsRkNneVplWnoxMUhDUjcybmIycWtEZXgxc3Z3dmdFVVdDbWUwVUl0bUZWSUF0LUM1dkFwU09rQVFZUG1mZ1R0MUVyTnhVczNBNERWN0k2aG5Qa2EwX0VBeFRZZXg1ak9fOVZueXZ1N3FHZmhEMllwNDNaZlZ5U3RRc2c?oc=5) · CUInsight
- 2026-03-03 [Patriot League Men’s Basketball Championship First Round Recap presented by PenFed Credit Union (3.3.26) - Patriot League](https://news.google.com/rss/articles/CBMi3wFBVV95cUxQTWNqUkJFSTA4YzNDcUhLaWZOSWVYQUQ4Mmw3WFlzLXkwQll4d3Ixd3FpMnhRWndTcXNoUlpIckVXU2lYRURfWld6NHZWRUFFdmgwZFZ6NlNmU1ZzdHV6M3R4WTBjMTVxMDFJd0xDUU1EMkhySXc0SWIxZnk5ZVN5aE84VmNpN2traG5qN1JsamxwbUR4QzlRbmFFR0RKTDVCR2IyOHhWZlpscUFYZGRRNmFBWENxLUJfWTU1YjZqTDRCQkMwRXJuMVZBS2czNktXQ3dBTUdlUUlEWGludlpN?oc=5) · Patriot League
- 2026-04-08 [Commercial lending by credit unions: What MD businesses should know - Maryland Daily Record](https://news.google.com/rss/articles/CBMijwFBVV95cUxOdFpWTTk4dXhFVVF5eFIwd01pWDVjNU4xcng1Z2JLMmxXczlkTnNqdjJHNzZVZmUtMDF0SEQ2dlBlbGJSRkRlOWRmUFMycl85TzlLRDhJRnAxb0N2c3ZSOURtdHk1RTFHeDEzNEQxaWYxWkVQUG5zV0QyRGdvbXhLMUlCUnE5d0t4V3dyTm9Idw?oc=5) · Maryland Daily Record
- 2026-03-03 [First Round of 2026 PenFed Credit Union Patriot League Men’s Basketball Championship Begins Tonight (3.3.26) - Patriot League](https://news.google.com/rss/articles/CBMi5AFBVV95cUxPeWRfbUFRQ296Wld6Mm1Kbk95T2JUSWRTOVdhT2pxWlcwR2R3dlJmOUJBQ2VvdlJ3OUF5MEFmZDRCcDQzTkkzZzk0Zlc0SHg5YmNxdnJ5OWprb3k3QTBCWldPTE1aUHlDeGhXUkhOVnJHYXV3dVV2SnFsRzllVzRmSGdjRnZmbjlxQVdVa1RUNFJrVlFock9XcHNzSWpQUW1waEJIX1VpSEg5eF9lMUttbTRzaHFEc0l4SHUzOUtKR0kwVC1BR1YzMF91cWw2bnlzUjR5ZmloWnA3YWVYUkVfaTRSYmg?oc=5) · Patriot League
- 2022-10-27 [Lafayette Federal Credit Union Ranks 8th in Washington Business Journal's Fastest Growing Companies - newswire.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxObW1oV3JsQkxUNnpKcnFMTGk1d3NnTnc0Q3ZrOGlUQjRBMExCdjhyYWg5dWVfa0lPbnJvNDBjX3RneDZIRjlqNHJhLW9JNEVvbTUwQVFDcm5UTHFaYmRwS3VuSlUzdGJEd1FiOXhhTlhMZmVFTTZEZDZaNlZZMEJiUU5HUHdaZHZZUXh2SUNOZ1drd0JTS25Jc0tNQ2ZrbVppVm54TA?oc=5) · newswire.com
- 2025-11-04 [John Gagliardi joins Lafayatte Federal Credit Union as SVP wealth management - CUInsight](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQYW03RHM5S1ZTQXRHVV9jeG5jTFVvb3l0dTFpcHJlSFFYcTJBVzJfN3pIeTdQMmF0VjMzLVJ1V3c2QXdhRnlfR01WRXdPU1FvcGwxQ1dSYU9mT19HWjRXQ0d5ZUFqYy10LVdEQjJNZlM1aDhNSTVwS1hybGIyU2pvb3pyRmxJR01RQXFreHNLaHU1aWdfUFVibWVsY0w3VC1nREtJMlhNVGNOaXo5d19TZGZ1QzNJUFE1?oc=5) · CUInsight
- 2025-05-30 [Lafayette Federal Credit Union data breach leads to multiple class action lawsuits - Top Class Actions](https://news.google.com/rss/articles/CBMi3AFBVV95cUxQd0NGR056SVpYNzdLUW5xZE1YZXNCY2hBZ1VXZm9kb09ZRXBUTFNPdmxzWE9sdEtseHFzV1dyVkw1WGR2eHZZLVNTenBtSENTbkdoaVRrUG9odktja29JWkRCVlFCcllERUE0RVZuUzU1SVpkc3F4RjBUVktPSjZ4UW1tSHM0UzBVemExSnY0WHlDZnZjMUFfek5NRUtMSkllX3JaNENGdEdtcENMc1lvLWlpS2dmcDFTRWVYcTIxU0YwSFNxWHJXMHVTSEdUY29ISnZVY19tQi0xWWJp?oc=5) · Top Class Actions
- 2026-02-11 [Patriot League Women’s Basketball Wednesday Recap presented by PenFed Credit Union (2.11.26) - Patriot League](https://news.google.com/rss/articles/CBMi0AFBVV95cUxPLVFVS3Itc1JBZk1PaG1yRi1RTlNOQ0pVQ0lzUTN2WGRZRU12VHdZQWFZNjc3bU5IRGdYWWxWRTh0MFR6bmYwMHRtTm9EVXpCOWtfR00tWlRTSkZSUmVZbk1Na0hGZnlLRXM2Rnk4Q0lyb3Q4ZjJtVEpEcUNURWlUcGhNM2hlRUJIYUpGbVlpQ254SHJ5cGFLMUI3SHlTZmJJX1VZallObDIzYU1NLXZ1NHBMVGc4Ulk2NkhLRDlEaUFRS0Fvd1F4STR5SWc2VlFn?oc=5) · Patriot League

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=619 (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/43.json (key "619", 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=619
- 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