# CONNECTS
Richmond, VA · NCUA charter 6670 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/connects-6670

Who the members are: federal charter, community charter, organized 1950, low-income designated. 15,831 members of 1,054,703 potential (1.5% of the field); checking penetration 24% (share draft accounts per 100 members); loans per 100 members 65.

**Verdict on the desk:** this could be *stressed*. Composite score 11 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $101.5M |
| Members | 15,831 (78.0% YoY) |
| Full-time staff | 21 |
| Net worth | $5.4M |
| Net worth ratio | 5.3% (p0 of band) |
| ROA (annualized) | -4.86% (p0 of band) |
| Total delinquency | 1.61% (p88 of band) |
| Net charge-offs (annualized) | 1.89% (p97 of band) |
| Loans / shares | 80% (p70 of band) |
| Cash / assets | 5.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.79% (p99 of band) |
| Operating expense / assets | 6.14% (p97 of band) |
| Vehicles % of loans | 32% (p41 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 67% |
| Third-party paper % of net worth | 867% (p100 of band) |
| Vehicle delinquency | 2.53% (p94 of band) |
| Vehicle NCO | 3.30% (p96 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 15% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 25% |
| Commercial % of net worth | 9% |
| Core shares % of member funds | 53% |
| Certificates % of member funds | 15% |
| Average share balance | $4,381 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $4.2M |
| Loans outstanding per 100 members | 65% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $7,286 |
| Loans granted, annualized | $31.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $4.2M outstanding purchased (78.2% of net worth), $370,012 sold and retained. Sold in 3 and bought in 4 of the last 8 quarters. Shares 19.1% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, 3rd-party paper>100% NW |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 3 | delinquency 2x band |  |
| 2017-03 | 5 | delinquency rising, members leaving |  |
| 2017-06 | 4 | assets shrinking | delinquency 2x band, delinquency rising |
| 2017-09 | 5 | delinquency 2x band, auto monoline | members leaving |
| 2017-12 | 6 | net worth falling, losing money, charge-offs p90 | assets shrinking, delinquency 2x band |
| 2018-03 | 5 | delinquency 2x band | losing money, charge-offs p90 |
| 2018-06 | 5 | charge-offs p90 | net worth falling |
| 2018-09 | 4 |  | delinquency 2x band |
| 2018-12 | 5 | members leaving |  |
| 2019-03 | 6 | assets shrinking |  |
| 2019-06 | 6 |  |  |
| 2019-09 | 5 |  | assets shrinking |
| 2019-12 | 5 |  |  |
| 2020-03 | 5 | delinquency 2x band | charge-offs p90 |
| 2020-06 | 5 | net worth falling | delinquency 2x band |
| 2020-09 | 7 | margin squeeze, charge-offs p90 |  |
| 2020-12 | 7 | losing money | auto monoline |
| 2021-03 | 7 | capital below 7% | charge-offs p90, losing money |
| 2021-06 | 6 |  | margin squeeze |
| 2021-09 | 8 | delinquency 2x band, delinquency rising |  |
| 2021-12 | 7 |  | delinquency 2x band |
| 2022-03 | 5 |  | net worth falling, delinquency rising |
| 2022-06 | 3 |  | capital below 7% |
| 2022-09 | 3 |  |  |
| 2022-12 | 2 |  | members leaving |
| 2023-03 | 3 | members leaving |  |
| 2023-06 | 5 | delinquency rising, auto monoline |  |
| 2023-09 | 5 | assets shrinking | members leaving |
| 2023-12 | 5 |  |  |
| 2024-03 | 6 | net worth falling |  |
| 2024-06 | 5 | losing money | auto monoline, net worth falling |
| 2024-09 | 4 |  | delinquency rising |
| 2024-12 | 4 |  |  |
| 2025-03 | 4 | expense trap, delinquency 2x band | thin capital, losing money |
| 2025-06 | 2 | thin capital | assets shrinking, expense trap, delinquency 2x band |
| 2025-09 | 6 | capital below 7%, net worth falling, losing money |  |
| 2025-12 | 7 | expense trap |  |
| 2026-03 | 11 | margin squeeze, delinquency 2x band, delinquency rising, charge-offs p90 |  |

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

- 2026-06-16 [Northwest Federal Credit Union and George Mason Athletics Expand Partnership to Advance Student Financial Wellness On and Off the Court - George Mason University Athletics](https://news.google.com/rss/articles/CBMihgJBVV95cUxPTHY0d1VhRFM0TUs3T1NNWlpNekMxdXNTYkgzZjdVQkVzbDRBRl9zSnRLZWgyTUE2ZzRfUFd1Ty16WGJoWlpYdmYtdGQwZkdMQzRkdnV0aHljU1o1SVg4TWdHamNKOVU1cVdZT2o5Y0xfRDRCTFh0Z00tNDU2WFZZb3M0ZzZnZnRjclotS1JMV0VWblNHR3JPSnc4X19kSGlfMDRQWkhYa0RjYjd6Vm83eDZtTFJkTnRIN01IV0hGYmp1S3k2WmYzbzhyNXFzLXpjNlh5bEhEOGphVGdPNklrRm5LblZfWjFQVXAwYUhaaU9Xenp1VEdlUXg2YnAxWXFXMmZQQjdn?oc=5) · George Mason University Athletics
- 2026-06-12 [ENGAGE 2026 connects leaders, ideas, and innovation across the credit union movement - CUInsight](https://news.google.com/rss/articles/CBMiwAFBVV95cUxOakJocTBhLWpiSV9BS3BKektfSUpzV1VFc0M3U3h5elFZeGw5VnZEYkR4N1hld0pqOUVDMXpRQ2RDOGwzekRWMmlDMnJGelhyWjdZTFlaQlhHaVZmNU5TWm5ZR0V1SzdsYTlZX2J3d0x2YjFaaDhRRjBweTQ1eXpRSWRKS3dxNTJTWXJfdkRtSFMxYXZaMFJqM0pxVlpfM2tkNjZZQnRaRng3NHBLbWNGcDF3WDJpMVhpNllpQWRXY2o?oc=5) · CUInsight
- 2026-08-27 [Virginia Credit Union Marks Back-to-Back Years with Top 10 Gallup Manager of the Year Finalists - GlobeNewswire](https://news.google.com/rss/articles/CBMi-wFBVV95cUxPUkl5T2NyYUdiNm9HR2tENGZRZGlCeFlnUkw5UVhUQk14Mi1sSnI3eVBmLVh6R3FuZG5xb0NLbGgtNEtwWEVKVTR0dkdsVUxmSmQzR3JpZUp0NnhoMktkckJYdElPbXNjTEtqYjRUdjRuZ1lLZnJ5YUhVakJXU2ZkRFV1V3BNcVpOZlFGbVdCblVSRmJRS0dYZHp1ZWNlLU1UWlhObVZSdWFOSkxEbXBzR2xrT1JmRGxQeUhGTG9JeUtackd5VDBwRWo5Tk1Wb1ZQSWVNWTA2UVp6SlV6Y0RUUWhROGtMOGtnWkIzT1RmSEk1YXQ4ME94c2ZsNA?oc=5) · GlobeNewswire
- 2026-04-22 [Navy Federal Credit Union Enhances Homebuyers Choice Loan to Offer Greater Affordability and Flexibility - Business Wire](https://news.google.com/rss/articles/CBMi8wFBVV95cUxNbEtpd3RiTlBXLU9CX1FtdGlLb1NnbTZyLXM1c0tOM3lQX2dlRWdScnlWaWNxUkZoOUtzc2ZSLS1jZlRGOUx5SHpVRWsxZEQ4WUNRLVFuNGliYzc2WmlEVWhUc0VWeHVwaTJTOXRhVE9NeWlGaWFxMndNY1g2VUJmOEk4WWRDRUYxeUhZUnN5cnFCMnY5VEpDd1NxWVBkdUZJaTd6eTM2U251dm9kaDlmVFJQWGhVakgyeTAxOFNlQmNaeXNza3ZZRE9hejkwV2lZWFlPVFBGYktNMlJ1cHg0NXlPVjdMakFDRjR3UG11cEFRSDg?oc=5) · Business Wire
- 2026-07-16 [New Turnpike Ramp Connects Fort Washington to Growing Mixed-Use District - MONTCO.Today](https://news.google.com/rss/articles/CBMiggFBVV95cUxNVnpBemVZQ3RsVkxBa1hJTHAwdHBPb0QtSTZ2Y2VCc2oyQVU0LUtxend2NzlkWE1LMVFiY1NZdkZDWGQtalZYa0RrTUl3SnE1cUpqbGEtWE91WGxDazEwbmh5SnNjcUxQbTRNRnpLaFJ6Skp6clhoTlZQa0I2Q0lyRWhR?oc=5) · MONTCO.Today
- 2025-10-03 [US Treasury Has Stopped Issuing Paper Checks for Employees and Beneficiaries | VA Boston health care - va.gov](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPZGxJWi13RndDNEpfd1FvLTBqS3hJU09oZjBHREVLYnFCZG82WERJSW1wZFhPcUMtUDMxM3pnWDZvOVA0aGpCcDZxcnRWRzZETnF2YkYxSUNoR05rTFM2RHR1M3RNcThDdll3T0c1UDh2R1B3QnRVUERFZzRqZEJoaXdWZTMybW5xSWFERjJLekRGNktJZVh0ZlhZRDl6S1BPcWZPUlRxMkVVd2RhVFNCZDV2bVZ6TzlYU3V4M0NYU1Y?oc=5) · va.gov
- 2026-05-02 [LendKey Reviews and Ratings - INQUIRER.net USA](https://news.google.com/rss/articles/CBMiW0FVX3lxTFBWSkxVb3pIbkg3d3k4Ti04S3paOWlWOXoxSUdoRzVIUVVBYThFVDlpYnFuZUVROGNwZWNsZnN4dE55U3RYeFJTa2NzaHVaRzVYdC11X3Z3eXcyNWs?oc=5) · INQUIRER.net USA
- 2024-02-26 [Connects Federal Credit Union selects James McBride as President/CEO - CUInsight](https://news.google.com/rss/articles/CBMirgFBVV95cUxNMDdFNk4zVDJENFhqOHdfV2lWeEJraHJoQWpTanJOa1RjcktKMGhLRVBiblU5NUVBeHhsMG42ekNmMmU2aDFyVGViV3hsWDJLdGpSS2ZEbUtVenpaMzJNb01RdVdGek1jQUpHWlpQWXNubFl2TnZSSEJtOEVleWh0aTloY1F4ZnF0dVV5WTYzZW81UlNtbGE5d250UFRmeS1qbmc4UUZuT0lTaXI0Nnc?oc=5) · CUInsight

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6670 (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/14.json (key "6670", 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=6670
- 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