# LOYALTY
Pensacola, FL · NCUA charter 62417 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/loyalty-62417

Who the members are: state charter, organized 1962, low-income designated. 19,143 members of 2,225,947 potential (0.9% of the field); checking penetration 76% (share draft accounts per 100 members); loans per 100 members 71.

**Verdict on the desk:** this could be *quiet fade*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $302.9M |
| Members | 19,143 (-6.0% YoY) |
| Full-time staff | 82 |
| Net worth | $34.1M |
| Net worth ratio | 11.3% (p51 of band) |
| ROA (annualized) | 0.89% (p64 of band) |
| Total delinquency | 0.50% (p41 of band) |
| Net charge-offs (annualized) | 1.31% (p95 of band) |
| Loans / shares | 62% (p25 of band) |
| Cash / assets | 10.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.35% (p89 of band) |
| Operating expense / assets | 4.70% (p88 of band) |
| Vehicles % of loans | 35% (p54 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 47% |
| Third-party paper % of net worth | 79% (p50 of band) |
| Vehicle delinquency | 0.54% (p49 of band) |
| Vehicle NCO | 2.47% (p94 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 33% |
| Credit cards % of loans | 8% |
| Unsecured % of loans | 14% |
| Commercial % of net worth | 74% |
| Core shares % of member funds | 73% |
| Certificates % of member funds | 17% |
| Average share balance | $6,385 |
| Participations bought / yr | $5.0M |
| Participations sold / yr | $0 |
| Participations outstanding | $25.2M |
| Loans outstanding per 100 members | 71% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $12,164 |
| Loans granted, annualized | $37.3M |

## Participation posture (from the same filings)

Bought $5.0M and sold $0 in the latest annualized quarter; $25.2M outstanding purchased (74.0% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 0.8% year over year.

## Flags firing in the latest filing

- **charge-offs p90** (`aq_nco_high`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | charge-offs p90 |  |
| 2016-06 | 0 |  | charge-offs p90 |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | expense trap |  |
| 2018-06 | 2 | net worth falling |  |
| 2018-09 | 2 | repo signal | net worth falling |
| 2018-12 | 0 |  | expense trap, repo signal |
| 2019-03 | 1 | net worth falling |  |
| 2019-06 | 2 | expense trap, delinquency rising | net worth falling |
| 2019-09 | 1 |  | delinquency rising |
| 2019-12 | 1 |  |  |
| 2020-03 | 0 |  | expense trap |
| 2020-06 | 3 | net worth falling, losing money, expense trap |  |
| 2020-09 | 3 | margin squeeze | expense trap |
| 2020-12 | 4 | members leaving |  |
| 2021-03 | 4 | thin capital | members leaving |
| 2021-06 | 3 |  | losing money |
| 2021-09 | 2 |  | margin squeeze |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 | delinquency rising | net worth falling |
| 2022-09 | 3 | delinquency 2x band |  |
| 2022-12 | 2 |  | thin capital |
| 2023-03 | 3 | expense trap |  |
| 2023-06 | 2 |  | expense trap |
| 2023-09 | 1 | expense trap | delinquency rising, delinquency 2x band |
| 2023-12 | 2 | delinquency 2x band |  |
| 2024-03 | 5 | delinquency rising, charge-offs p90, assets shrinking, members leaving | expense trap |
| 2024-06 | 5 | losing money, expense trap | delinquency 2x band, delinquency rising |
| 2024-09 | 4 |  | losing money |
| 2024-12 | 4 |  |  |
| 2025-03 | 2 |  | assets shrinking, expense trap |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |

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

- 2025-10-23 [Loyalty Credit Union welcomes new vice president of lending - CUInsight](https://news.google.com/rss/articles/CBMiogFBVV95cUxPZVNzc1pXZ0swVWU5aFJJZEFPelgzWUlkUlZ6dXk5bU4yWEJHUTJDWGlxSFYtUFhxOWhlZ05SZzd1Tzl2bDNrWjN4ekZVaV9lNnloazRjdjhlUUJtVHR0V2VmcFNHT3RmcW45cENROXNuYnhTZTdwT3o1Z1N6RWdjNXZlSW1lZHhKbFE1ellTTkU3Sm9RWmVuX2ZablZjZUZvVWc?oc=5) · CUInsight
- 2026-07-10 [Turbocharged AI - Florida Trend](https://news.google.com/rss/articles/CBMic0FVX3lxTE1hNXI5X0NUQkRFdmZxTTVDZWVTOGpOQmk3OTlsSE1JVDJNUjZXeFVTczQ0UnBrOXlsbGtMajVlMGZIT1BOdkZOLTF1X25MNzFGVlh6c19PdXdtUnEtMGdCeDJmWHdhaDhvalVlWXhaQ2g5TVU?oc=5) · Florida Trend
- 2026-07-24 [Bank of America embraces loyalty strategy through rewards - ATM Marketplace](https://news.google.com/rss/articles/CBMinwFBVV95cUxOQUpwaVRwbDhmNUNER08xMmNUWDVmaDNUWkJteTBvT2ZCUUVIUloyYnE0Y003VE9WTV9GdEpnWm92YkxzVklTeEFXdVNOalFVVF9VLVF3a1RsYVFldHllbzNJUkk0WEdFVGlMNnhCeEFhcU55WVNRY0MxTlFBdEVBUF85OFNQNmxkMGRrRkJaSVRrX243OG1nYzVzR1AtdFE?oc=5) · ATM Marketplace
- 2026-09-02 [CareerSource Capital Region resource fair to connect Tallahassee residents with jobs and services - WTXL ABC 27](https://news.google.com/rss/articles/CBMigwJBVV95cUxOdEl4ZGJhemZsTVBaVHRMTlNUUEVyYi15Q3lNOGlDMTdPYnVuVFVlOTZaN1JmeTJIZUhjN01zVnhIRVAxVUdVVGhIUjBZSF91a01IZ0tFb1VteUM3LXoxaURhcWZsWDhCWGZEMkdpVGdyN0dTdjJ2NWY0dGo5R1M1UmlyeS1KUmtwZFZzWm9MZFZjeEcxV1RhWW5WXzVLZXh0eHBvTUlyT2FkR1F2WDR6eEJtLWZHMTVPbmdpcUFKakU4Z242TmtFOW45emNkc2U3VGpmWk1qUGlWdGN0dWJQZEoyVDNCMkRLSTR0OUdJNVZ4YzMyWVZtdU04d2VGUmNna0JB?oc=5) · WTXL ABC 27
- 2026-06-18 [Seven credit unions team up to build Habitat for Humanity home for local family - WJHG](https://news.google.com/rss/articles/CBMiowFBVV95cUxOMkRjdnlsNzh5M3U5RUJmS29BcXB4SHlfOGo5NFkxNGRLX1l5Q2pFSnQxSDhEWlRxcU9tUTc2ZXR5clFwTnB6a25uY1VJY2xJTzJadjRtX1M1UEFfd2x6ZGhRS3NCLURScTlPb2o4ZE45U296clpwb2NzdFFGNFVsbHBDYUwtN1RLWGJzWmppSzlGZVU4S3RKVHhlbE9rY0VMV2JZ0gG3AUFVX3lxTFBlbGtUandWblRpRVlXT2RaNWlaNDhzclRWZUgzeGN2TU9qNVpsc19aSm5KeDUtODE2VDdDS0VHMVdqRktEbG9IeFRFdmJqYU9rQm8za1FkUzVRWm5ZZWVoZE5XS0lkU1cwbXBTTGlwempDWnMyZDlDQnM3U3F5SDFfelFVVDJwMnVEQmdNbE05NjJfbVRXNkhMcTgzRThfN3hyLWFlc1ZVS1RXSERMRm5CWVlvZWZYcw?oc=5) · WJHG
- 2026-06-15 [How Credit Unions Can Turn Bigger 2026 Tax Refunds Into Lasting Member Loyalty - The National Law Review](https://news.google.com/rss/articles/CBMiswFBVV95cUxQeXYxZkJmN0VGbTVZXzQyMjdKd1RqYWlpRVQwX3RBTVNRTXJRZkZ2dEJYdVdQNzNlRFhKdFh5MV9FbzdyY0hsU2xxT19OeWlkVTBXdG1YV1Vkb3BkSlUzdkswSVM4ZXdVUWI4Z2xxaXBpOEctUkMzYmNFUElzU2VfVVRjb3JGZHF1Q0psazh0bThiY0poeFlFNFhFbnV0TGZHOU5tZFRuQy1DRUxtTEh5R0kwZw?oc=5) · The National Law Review
- 2026-06-08 [52 credit union leaders earn CUDE designation in June DE class of 2026 - CUInsight](https://news.google.com/rss/articles/CBMisAFBVV95cUxPMWNHSl9CUXE1aFRCUGtabGttcW45OUVObFFuVTNXbC0zOUtTNURqZGFib2FPZ3VCUnQ1RlRNWjN6MzlUb1dNZUtoZTJ6VV9uZHA3RGIwTEZTeTVpR29rRTFRQ2twVjh5WThPTTRqSG5CZFhCNHZsUkhvS1gtbEdKcjBkTC1aVTh1SUZoX2tWUF83OGxfZHkzUzFieTRWZjJMZVFwNFFQSExndVhoUDU2ag?oc=5) · CUInsight
- 2025-10-16 [Florida Man Faces Sentencing in $650K Credit Union Loan Fraud Scheme - CUTimes](https://news.google.com/rss/articles/CBMipgFBVV95cUxQNEw0TUpXQWRheVhLbXpyRW1vZ0NURkJGc1gwLW05MjR2V1R1TWdvbjRmSzhkQndRTDZKSFc4b1hvM2t1QXZCeHRHYzhqT2tHTXhNdE1XZjhzSUlQY1VOZWsyb2tQVThNdFh3NkhnNEpNUTFISThaS2kwYlpCOEZneWVpUGRsYmtqa3o4WDMwcGNOLWZLekxJcTFKM1JuXzgxd1ViNUN3?oc=5) · CUTimes

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62417 (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/17.json (key "62417", 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=62417
- 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