# ALTANA
Billings, MT · NCUA charter 6275 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/altana-6275

Who the members are: federal charter, community charter, organized 1949, low-income designated. 40,056 members of 740,358 potential (5.4% of the field); checking penetration 54% (share draft accounts per 100 members); loans per 100 members 58.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $660.2M |
| Members | 40,056 (2.4% YoY) |
| Full-time staff | 134 |
| Net worth | $73.4M |
| Net worth ratio | 11.1% (p61 of band) |
| ROA (annualized) | 0.73% (p58 of band) |
| Total delinquency | 0.80% (p67 of band) |
| Net charge-offs (annualized) | 0.28% (p35 of band) |
| Loans / shares | 83% (p54 of band) |
| Cash / assets | 13.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.88% (p79 of band) |
| Operating expense / assets | 3.95% (p69 of band) |
| Vehicles % of loans | 39% (p71 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 61% |
| Third-party paper % of net worth | 175% (p69 of band) |
| Vehicle delinquency | 1.43% (p88 of band) |
| Vehicle NCO | 0.45% (p26 of band) |
| Repossessed % of vehicle book | 0.09% (p62 of band) |
| Real estate % of loans | 39% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 78% |
| Core shares % of member funds | 50% |
| Certificates % of member funds | 26% |
| Average share balance | $7,385 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.8M |
| Loans outstanding per 100 members | 58% |
| Loans granted per 100 members, annualized | 18% |
| Average loan balance | $21,055 |
| Loans granted, annualized | $210.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.8M outstanding purchased (2.5% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 8.0% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | 3rd-party paper>100% NW |  |
| 2017-09 | 2 | delinquency rising |  |
| 2017-12 | 1 |  | delinquency rising |
| 2018-03 | 2 | delinquency rising |  |
| 2018-06 | 1 |  | delinquency rising |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | net worth falling |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 3 | margin squeeze |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 2 |  | margin squeeze |
| 2021-03 | 2 |  |  |
| 2021-06 | 1 |  | net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | net worth falling |  |
| 2023-06 | 2 | delinquency rising | net worth falling |
| 2023-09 | 1 |  | delinquency rising |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 2 | delinquency rising |  |
| 2025-03 | 1 |  | delinquency rising |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | net worth falling |  |

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

- 2025-05-08 [Ex-Altana Federal Credit Union employee sentenced for embezzling $60K - KTVQ](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNOFg3LUVnMXBmRXBNUVZzbjdpajZVaWwwSjFRM09WaFBwREdPeXZtYUZwUUg5QkFoOU9TbHlfY1otcTRBclNja2RJT3NKMHpDcEFKYjMzVGdXU2xoekc2ZzlUQUVQdzdqNDRVb2VBcjF5ZlowTXlPelp2ako2dmV5VTRoeF9TcW9aSDRmSmdhY184RVBPY2h2NHRhREhSZ1VrRlBpOFdVMUZBZw?oc=5) · KTVQ
- 2021-04-20 [Altana Federal Credit Union puts succession plan in motion - American Banker](https://news.google.com/rss/articles/CBMiqwFBVV95cUxNcVRxdTRGRU9hUzQ0dHlTUm50UFpUcjNiRzNBOGFFVFJ2SFBXRnhOaGpLa1FUY1B1T3l4ZWFjdVp0T0U3RGtSY1YzZC15VFJYQ1RGbVh0TWgyZVNpNDdpaFpiZ2tKZXVjWjNfMW9JSVRHRDctNWltOXJ5V1pod2VYb1RrSTZFalB2UFZTNUQ5UFUzcFNuUkFLN2pIN01NYkFkQ0JMVy13NFFCQ2c?oc=5) · American Banker
- 2009-06-15 [Advanta Forces Avanta to Become ‘Altana’ - The Financial Brand](https://news.google.com/rss/articles/CBMihwFBVV95cUxPV3ZWX1FMUHpCbXRNMkxuY3AzR1o1elBEVEs4NnhtYXNncjhLQ19Gb21IRkRxWXBKekVVOFBvOXBKaDctYUdERE02WkZTT1EwZG9sZ0pMRE9OVkZHVkFZYnVxNEQ3alZLVWwyZi1peW9EYTRWbkVzUTFmQ25RSm5fNUdXc3dXWFU?oc=5) · The Financial Brand
- 2026-05-25 [NonStop Local Spotlight: Altana FCU Zing! - NonStop Local Billings](https://news.google.com/rss/articles/CBMixwFBVV95cUxPYXc3WldSNTZkMHU4dmhvMTdLTTFlTFVVbk5CWkExWGtRLWZ5dlRCXzlMbWxuWHMwSjFubHNNRVhGWFNCSU5ILWhndGdaWFFTTVRmcVJFYTZQMjFPVVFTT0lTRllFemJvUjJJbTQyMERIU1RtLWpDQi1DQkZPLUhMdjlZTFV0NFNUTTZWQld6MGMzeU5SdzY3YU8wUWtKeTB6elRTUndDS2VIRkREa3IyVWdzY2dGOGNVaS1UdWNpZHgtcTg2NUVr?oc=5) · NonStop Local Billings
- 2024-07-31 [Ex-Altana Federal Credit Union employee pleads guilty to embezzling $60K - KTVQ](https://news.google.com/rss/articles/CBMirgFBVV95cUxQeENoWlFwaVpZc1phbnRFbW45NW95LURwLTBoN1lCTzV1UFlvQzJGQ0FlcURpTDZjaXh4dmtsUUUxWmZJdGlVbzZQOXc1dG9uU3VnaldBTXRMNXliR2NuVmN5d3U1MDgwSGl3cFNSYlhqVG9mUTFOem1YX0JaYUpQeVprSTdQSG9WMHkydnVseUlnRElOOGZ2UHl1VnUxZlJXWWxNQU9MZ0ljcHhMNFE?oc=5) · KTVQ
- 2013-09-08 [2 promoted at Altana - Billings Gazette](https://news.google.com/rss/articles/CBMipAFBVV95cUxNSjUwX3JzajJ6elY5R1BMamdBdDBjZWE1azZQUVJQUkMtWHcyNzdJR1Utc1UwbDd1WmNZUGJoeFRUSmNySzl2bjRxeVBXRm1TbTBFd0p2TnhKYW1CNjVxZURrX3p1VzRvbUlGWEZrWGRQYkx5ZVN2MWFNRExPOFlyX2pyNEpKV1NqSDhaQnJJek9YU3d6X1JxemxhWnBacFNSUjU0VA?oc=5) · Billings Gazette
- 2017-05-31 [Ryan Lowell Obituary (2017) - Billings, MT - Billings Gazette - Legacy obituary](https://news.google.com/rss/articles/CBMilAFBVV95cUxPbm16SmVMbU5tdGx4SmNjVktacDBpT1FFeURacWQ3eUxqZE5Qb19VSzBuOHh5NElUVzNDNXJPdVBnaFBHVkstMkExR0IxQS1RM09kbno4bGZTajd5VFFiNHFWTExEX2sxWEhBTzRZb3VwMTQwZXdvN3M3bzNxazhwczBkeVNSaTlkSVVPekFySkp5UmVq?oc=5) · Legacy obituary
- 2019-04-15 [Nancy Worstell Obituary (2019) - Billings, MT - Billings Gazette - Legacy obituary](https://news.google.com/rss/articles/CBMimAFBVV95cUxPVWJ5aGJfZlF0VnBGUmMyT2tEeHEzVTdOc1hzczBaaXJqdFh2VFN6NjZnUEl3VjdLT3VPRDlVN2RzVmpONmNJenk3ZFhCbnFoSklubV9WSFJ3V3Q4MXBVUmJ1Qm05X1VncFYxdGdOdmFqWDY2M1FfOEpOMC1OYUZkTm9ZNmN1X1RNcVZqVW5ZNjVPYWpZSzFNMA?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6275 (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/3.json (key "6275", 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=6275
- 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