# NAVIGANT
Smithfield, RI · NCUA charter 62882 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/navigant-62882

Who the members are: state charter, organized 1915. 170,060 members of 1,114,521 potential (15.3% of the field); checking penetration 60% (share draft accounts per 100 members); loans per 100 members 46.

**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 | $4.18B |
| Members | 170,060 (5.3% YoY) |
| Full-time staff | 412 |
| Net worth | $415.3M |
| Net worth ratio | 9.9% (p32 of band) |
| ROA (annualized) | 0.84% (p62 of band) |
| Total delinquency | 0.33% (p18 of band) |
| Net charge-offs (annualized) | 0.15% (p11 of band) |
| Loans / shares | 100% (p90 of band) |
| Cash / assets | 2.5% |
| Borrowings / assets | 2.55% |
| Net interest margin | 3.01% (p29 of band) |
| Operating expense / assets | 2.54% (p18 of band) |
| Vehicles % of loans | 24% (p43 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 90% |
| Third-party paper % of net worth | 239% (p74 of band) |
| Vehicle delinquency | 0.53% (p45 of band) |
| Vehicle NCO | 0.71% (p32 of band) |
| Repossessed % of vehicle book | 0.00% (p11 of band) |
| Real estate % of loans | 59% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 84% |
| Core shares % of member funds | 30% |
| Certificates % of member funds | 29% |
| Average share balance | $13,108 |
| Participations bought / yr | $0 |
| Participations sold / yr | $15.6M |
| Participations outstanding | $45.0M |
| Loans outstanding per 100 members | 46% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $46,673 |
| Loans granted, annualized | $1.20B |

## Participation posture (from the same filings)

Bought $0 and sold $15.6M in the latest annualized quarter; $45.0M outstanding purchased (10.8% of net worth), $28.7M sold and retained. Sold in 8 and bought in 6 of the last 8 quarters. Shares 5.1% year over year.

## Flags firing in the latest filing

- **loans>95% of shares** (`str_ltos`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

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

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

- 2026-06-18 [Forbes Recognizes Navigant Credit Union as Top Credit Union in Rhode Island - Business Wire](https://news.google.com/rss/articles/CBMizAFBVV95cUxNTktHV3N2WW1nRWVXdlMxQU9Yc0otRVZJSXlRb29WbkpPQ0hRMkRrVUVKVGVzenRnZkVHRHZaVGRjQWlodFhhN2NvU21Mb1BrZXNCX1EzemFsZGNyT0dLQWRQLUtXc0NiNHVYTjdCQUh3R2dUc0FaZzF0cW5sYm5iZkdaT21XSXh3TXpfVjAtYXJkbmRBSDBlZkZhcXU5bWJ5WEhqV2RuOVJBTXhfeXJNaFRTeDRMWFJSSXpnZHhRM0UtNWZic3BaNE10ZlM?oc=5) · Business Wire
- 2026-08-24 [Navigant Credit Union joins effort that raises $24,534 for Colombia earthquake relief - Providence Business News](https://news.google.com/rss/articles/CBMiogFBVV95cUxOYWI0ZU1hRzJBRXRRZWxXQ2tiLWxWTnJtTS1lQ1Zvb3ozbVBYTGdTZUtmdG50aFFCaWRKSzQyYXZIaGFmZ2VBc1lfQi1SMkRrZjctelU5dUt5MWRHVTlQTjBudDREVjRCWWZMdjNYRnNOT3pNWDI0a3NtTzNJWVdpN2VKbS1lYklrRXotR3dEMElfV1ZybHExWlFSa0JsUFV5X1HSAaoBQVVfeXFMTWJKd21nM01CWnIzQ2lnT0o2T3dtV0VpN2lNb2ZaaXVwVVZNbkVGU085a1NmWnRZLUhJbWdhcEhnN29RbUFheFRtSkNnR1lwR2xDbVY5SkZjQlFzX0VFbXQzQ2RtRmxfazhac0JMUnpRdmxkWDNXSjhoQ2tONC1BMzJheUUtMHJOcHVzNFBxNDFmMWVKRlJnR3VPTU5zSEZmeTJRa2FZOUplOGc?oc=5) · Providence Business News
- 2026-07-31 [‘Definition of our culture’: Meet Charlie, Navigant’s longtime mail delivery specialist - WPRI.com](https://news.google.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?oc=5) · WPRI.com
- 2026-07-06 [People on the Move: Navigant Promotes Vargas to Vice President - Go Local Prov](https://news.google.com/rss/articles/CBMinwFBVV95cUxOaWh4LWlQT0NvSU1FZ0ViSExyeE1ndjd2ZkItdE91bXRsRzNzRFFUY19kYXc0aGdhV2FvRUU1TFVGamJaOFppVDVSN1FOSThick1IcU1Ic3dCVzlsTmZRcVNfUWZ1OGlPSnVkZFp1UDN4RlczNDJBNE1oMFV0M0FkSmNWX1lMU2N2Y2JKMUNnbE8yaEhtOGs3ZEJIa0NlMGs?oc=5) · Go Local Prov
- 2026-01-16 [Navigant Credit Union recognizes over $2.1Million Philanthropic Impact in 2025 - RINewsToday](https://news.google.com/rss/articles/CBMitwFBVV95cUxNTzJYLUQyYTI0U0VRUW12emNLMUkzRy1VejlGenVZbmZ5RVJMOEFtWkNKUmVPRVdtTnRld184Z20xaXM1bG53am5ZOXg1SVZ1eXRWcjZqTGxiRlVwTXNncThiQ1RJaC0tM20zOWRrYnBaa1ZQSjFPWWk0Q3JLX1FqY1pSS01TZ0ZFVzduUW1EdW5xR3dUek5RNzZ0cFpfaGdubmtpbkxDNjgtd0diSDNEbFFFSVAzWmc?oc=5) · RINewsToday
- 2026-05-04 [RI program is offering 3.99% mortgage rates. How to take advantage. - The Providence Journal](https://news.google.com/rss/articles/CBMi7AFBVV95cUxNRmVUNVQ5cnQzT24xaUxVZTJqTEh6aUtXblRERXNJd1FtME1iUjIzRXotMEluUk1FN1Q4S0NvU2NMN2ZSa0ZlMl9zZ1R1OVFlXzl1TEpoNXYtYlJON0VBdzNwa2JvRW14WUFaQy03N25RSmdsVmRoemR2YzA3X3p6VG5rVzFNM0FYcHZGeFFaTk1YNkZWeHFqWlRUdEpOUVhGcjB6cjNTQVdzVENUSVl4WFF3Vk96czV5RDB3dTQ1WWx6aGJaZXRNcUJyOWFoWUZaQnh2VTdsYVhIWm00ZTg1RnNQSENnakNtcC1SNQ?oc=5) · The Providence Journal
- 2026-02-23 [Navigant Credit Union names Delta Dental of R.I. CEO to board of directors - Providence Business News](https://news.google.com/rss/articles/CBMilAFBVV95cUxQVGdUWXdiS25Xc2t4NVVZMXE4S0FMMHY2c3JBbV9GYkxUYzhIWW9SUDR1VmhMcU1lY2ZneEpvRjVkZGpYYVFWNkRmaTEtY3liMTZPMmJOXzBYVzByR3FDM0R2aTJ6aHZ5QUhrdjRpaTZxUlphTWlnYUJ5WWZtNmE5cGtCbGhKdHVIc2pwM0ZoUFNyRWR10gGcAUFVX3lxTE85djI4LUxUcmxLUVViUjFIOFMyUjJWT3hNaDR6S3RSU0o5bkE2bG95bjdNUXFTMmJ1UkNTN0pocmNqQUxQcjF0cFlNbWxDdWhHR1k4VkkzY05kUXgtdWZHVDdZVk9lMzM3ZE1jM3ZKUVZjWkxtVHpBV214YlpuUVlxUGxZS09aZ3pUbUh1ajIzdXpYWmZ0czdtRWVxQg?oc=5) · Providence Business News
- 2025-06-10 [Bryant Partners with Navigant Credit Union for New Field House, Academic and Leadership Opportunities - Bryant University Bulldogs](https://news.google.com/rss/articles/CBMi6gFBVV95cUxNRWhmdkxSSWwxZjdzMmh4Nm4wdy1WU2Jkb3FvUmtHX2JFZk1veU00azdrNWFVUFVlMEVHWnhpR01vMUZBb3hvX3dqUTZGV282V2F3MmhZQk1KWi1acE9SXzVKV3QwSHREeFMzcENQOThWbHBIRVRhcUhpLTNjYlh0MFNPb05DZWwtSEppM0pRUHhadngyRmx5dmw3NURtM1BXaDc0OHVkdzRMWTZaVGN2Z1lXTjRsNGdmZnhqM05sLWhqclljTFZmcWY3ckJhS3BNU0NRNVB0UW4ya282N3ZjWDVMbGxzSEZraFE?oc=5) · Bryant University Bulldogs

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62882 (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/34.json (key "62882", 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=62882
- 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