# AVESTAR
Waterloo, WI · NCUA charter 66537 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/avestar-66537

Who the members are: state charter, organized 1964. 5,873 members of 100,000 potential (5.9% of the field); checking penetration 66% (share draft accounts per 100 members); loans per 100 members 51.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $66.5M |
| Members | 5,873 (-2.7% YoY) |
| Full-time staff | 22 |
| Net worth | $8.0M |
| Net worth ratio | 12.0% (p41 of band) |
| ROA (annualized) | 0.15% (p20 of band) |
| Total delinquency | 1.44% (p85 of band) |
| Net charge-offs (annualized) | 0.50% (p71 of band) |
| Loans / shares | 92% (p97 of band) |
| Cash / assets | 14.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.46% (p87 of band) |
| Operating expense / assets | 4.68% (p81 of band) |
| Vehicles % of loans | 31% (p32 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 2.52% (p93 of band) |
| Vehicle NCO | 1.01% (p82 of band) |
| Repossessed % of vehicle book | 0.12% (p86 of band) |
| Real estate % of loans | 53% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 13% |
| Core shares % of member funds | 67% |
| Certificates % of member funds | 23% |
| Average share balance | $4,625 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.0M |
| Loans outstanding per 100 members | 51% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $17,808 |
| Loans granted, annualized | $9.9M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.0M outstanding purchased (13.1% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 4.6% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | delinquency 2x band |  |
| 2016-12 | 1 |  | delinquency 2x band |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | net worth falling |  |
| 2017-09 | 0 |  | thin capital, net worth falling |
| 2017-12 | 2 | thin capital, delinquency rising |  |
| 2018-03 | 1 |  | thin capital |
| 2018-06 | 1 |  |  |
| 2018-09 | 0 |  | delinquency rising |
| 2018-12 | 3 | delinquency rising, assets shrinking, loans>95% of shares |  |
| 2019-03 | 2 | delinquency 2x band | assets shrinking, loans>95% of shares |
| 2019-06 | 3 | loans>95% of shares |  |
| 2019-09 | 1 |  | delinquency rising, delinquency 2x band |
| 2019-12 | 1 |  |  |
| 2020-03 | 0 |  | loans>95% of shares |
| 2020-06 | 2 | net worth falling, margin squeeze |  |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 2 | delinquency rising |  |
| 2021-03 | 1 |  | delinquency rising |
| 2021-06 | 1 | delinquency 2x band | margin squeeze |
| 2021-09 | 2 | margin squeeze |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | thin capital, delinquency rising | margin squeeze |
| 2022-06 | 3 | net worth falling | delinquency rising |
| 2022-09 | 2 |  | net worth falling |
| 2022-12 | 0 |  | delinquency 2x band, thin capital |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 0 |  |  |
| 2023-12 | 2 | margin squeeze, delinquency 2x band |  |
| 2024-03 | 5 | losing money, expense trap, delinquency rising, loans>95% of shares | margin squeeze |
| 2024-06 | 5 |  |  |
| 2024-09 | 4 |  | expense trap |
| 2024-12 | 1 |  | losing money, delinquency rising, loans>95% of shares |
| 2025-03 | 4 | delinquency rising, members leaving, loans>95% of shares |  |
| 2025-06 | 3 |  | delinquency rising |
| 2025-09 | 2 |  | delinquency 2x band |
| 2025-12 | 3 | delinquency 2x band |  |
| 2026-03 | 1 |  | members leaving, loans>95% of shares |

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

- 2025-02-10 [Avestar to celebrate 50 years - hngnews.com](https://news.google.com/rss/articles/CBMizAFBVV95cUxPdEZvTUhRYk93UHNpOU9xbFRLSEg2dFV0OXNlWVNyNzlBMXR1dERqalJfSjhiMG1hTXZ0VFpZa00weC1tdVhTbDNOS3hqWFMteDRLeXlQVUQ3bWc2VVpIcUNnRkwtWmNqcGxOaUpXSlBFemMyNTZOT1p2Y3lubnZQRXJnZHlCNkEtVGRhZmdKcnJHbEdYX2RJazl4WTVuSk44cTFCT0JoM0RRalZWZU5XdW9TaTRuRGJfSVhhdktZVWllc0JCYTYtQzlGQU4?oc=5) · hngnews.com
- 2014-04-28 [Craig Kalk Obituary Apr 28, 2014 - Cress Funeral and Cremation Services](https://news.google.com/rss/articles/CBMiaEFVX3lxTFBZNWpORVJvMF9UYnRWOVc0TlRITzNjdEctamxEV2ZBVEh4cmRqdjBLMVF6RHZYZ3ZMdTMyN21IZDdFc2QwMnZjMnlUS0hOendXcjNXclFkNWVQQTh5YzdMbkh4cXNaUXNP?oc=5) · Cress Funeral and Cremation Services
- 2026-03-16 [Some businesses closed or delayed, services canceled amid blizzard - channel3000.com](https://news.google.com/rss/articles/CBMi4gFBVV95cUxOMkppYTI0OTFJV0o1QUlHZlhQUXZvOGczMFVmMmx0dkJ6eVpLQTh0bFFqb1VkT3FUOUZWaTQwc3l5bUZRaTlJOHdyNmE1ZlQwZ3ZHQmhzWnJ5M1ZvSlNxTXhGRC1jbFo2eVV6WUFXQldkeDBBbmdjT1NNSDl4dkN5TndtVUV5VVd2bm5jSVRWYTBITGVuN1NNLUUycFo4SklNeTNSX09uNjFUUTRIbUxNbEZ5ZHZ0bTRxZmx5MnVsLTMySWJCTWNCSXJtOWM4VTdiM1E4LTItdGttWWUyUlFfTUdn?oc=5) · channel3000.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66537 (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/41.json (key "66537", 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=66537
- 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