# COASTAL1 
Pawtucket, RI · NCUA charter 67278 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/coastal1-67278

Who the members are: state charter, organized 1926. 146,898 members of 500,000 potential (29.4% of the field); checking penetration 30% (share draft accounts per 100 members); loans per 100 members 39.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $3.47B |
| Members | 146,898 (2.2% YoY) |
| Full-time staff | 275 |
| Net worth | $362.6M |
| Net worth ratio | 10.4% (p43 of band) |
| ROA (annualized) | 0.48% (p28 of band) |
| Total delinquency | 0.17% (p6 of band) |
| Net charge-offs (annualized) | 0.10% (p6 of band) |
| Loans / shares | 107% (p98 of band) |
| Cash / assets | 7.9% |
| Borrowings / assets | 11.06% |
| Net interest margin | 2.03% (p3 of band) |
| Operating expense / assets | 1.83% (p4 of band) |
| Vehicles % of loans | 25% (p44 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 98% |
| Third-party paper % of net worth | 247% (p75 of band) |
| Vehicle delinquency | 0.30% (p20 of band) |
| Vehicle NCO | 0.73% (p33 of band) |
| Repossessed % of vehicle book | 0.11% (p62 of band) |
| Real estate % of loans | 59% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 0% |
| Commercial % of net worth | 66% |
| Core shares % of member funds | 27% |
| Certificates % of member funds | 48% |
| Average share balance | $11,508 |
| Participations bought / yr | $28.0M |
| Participations sold / yr | $0 |
| Participations outstanding | $31.2M |
| Loans outstanding per 100 members | 39% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $51,358 |
| Loans granted, annualized | $719.4M |

## Participation posture (from the same filings)

Bought $28.0M and sold $0 in the latest annualized quarter; $31.2M outstanding purchased (8.6% of net worth), $10.7M sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares 4.4% year over year.

## Flags firing in the latest filing

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

## Warning timeline

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

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

- 2024-07-05 [Forbes ranks Navigant, Coastal1 tops in Rhode Island - Providence Business News](https://news.google.com/rss/articles/CBMigwFBVV95cUxNQktxdnU0dExyZWZxcG9UZjYwVnE2VE9oaFhrZjF0Q1QxR1Izek1KVWpvbFNJaXBDazFOQ3Bzc2NBQXhLVEl4UGFYazhYTW1nSmJyQzhtZXBJbjFsWDRqUUJVRG1LdGZsYndIY2tibzNpRGJscEZQdGExd2EyVUNOVi1qY9IBiwFBVV95cUxNSzZQbUQtSmJ4RERfeVdKTjlsYXlySUh0SmxKT0pxblNtMEZPbUR2TWg2cGVVYjBMQkFlR2RMZ2Q1bHJCZ3FjamFvWklnNndRekdtUXFpczIzMkxCcVo4U3dzN1h6a05aVlVQaG8yLVBXeEd2QmxDc05qc3RNMm1ZbUlXc2FuU3hBUzAw?oc=5) · Providence Business News
- 2026-04-15 [Coastal1 Credit Union announces new hires and promotions - valleybreeze.com](https://news.google.com/rss/articles/CBMi_AFBVV95cUxQSGZKajhNRFJFZlc1Z0UyT3RsTkt6cGZWUHZyd3VlNzBJU19YbUkxWWc5aHBXRDFfd0lTSkxvYy1GRm1tNWRWQTZfd0JpOUcxcm5fTTl2LUhFRlJmUWlzRjIyMTJ4UXBTVEJ2QVFVY3B0bTRFWGV2cERWd2ZFcHZRdXktdDBsOFh3NXNENU5iUWs1TFBaX3hDQVRIeDRpZ3BPTG1Qamlsbk9SQUZ4MnExZUcxN1RhZ3Y1YVNrb0hhZjVnWEpUdHNVeWpJR0pheHhvM3k3a0VacG83RUtpN3NrUUN4MURJdmVyTmZHb25lOEJNUmwtNEd5OFBmaGQ?oc=5) · valleybreeze.com
- 2022-11-08 [Coastal1 Credit Union to build North Attleborough branch - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxOYU9INVFIeVIySzlRWU1zTmtSTWdUUjJNNXJrRnBMSUx3Q0NlcGl3Uldxb25OOXFqWV9pOUstNUhsY3VYckQyMGY5OG0xeXIzTE5YU2RhMGgtM1Q4azFFdHQ3YjZLVzlxemVIcEs5eV9QZEdnVXNYYlNvTFNkcFpkeHh0Nmt2amoxY3ZfdXJ2S0xRYm8xb0hmVWxwNVVRT3BvLXNOY1lLNVk1VXZISFE?oc=5) · The Business Journals
- 2022-03-18 [Pawtucket Credit Union rebrands as Coastal1 - Providence Business News](https://news.google.com/rss/articles/CBMibEFVX3lxTFB1cXdkSVVHa3hoTzdGbmF6TFdDMXFMbXJHR2ZBV29uOUdLZHAyVWlrbTk5M2FzREtGOXIza19xNXdfSzIwSHkwcnVBYTU4S0Fqbm9fZW83aWRMeEhUU09Id2RJZ0E1SVQ5N1E1NNIBdEFVX3lxTE43RmlJV0JwOUQ4QVR5Vi1kN1BsMEZhank2cDV3bVpuclhPUkowT1I4NnpnMEhjZmIxSnE5NVIzU0JaVnFRa0ZxOU1LajFjcWg1aXR4dGRxS0VsZ3lqdTFrc1hud3Y5clBTclJncFdIQVBOOC1v?oc=5) · Providence Business News
- 2026-05-13 [Weinstein named chair of Coastal1 Credit Union Board of Directors - valleybreeze.com](https://news.google.com/rss/articles/CBMiiAJBVV95cUxOcUFpR2lmZU9yRjZodE9lWkNHV1d6UFZ4SG5UVkNIamNEbDcwWUFpbk9lejV6c2l1YlBraXhmVHJCQVlybGZ6ZXNwSkUwdFdBd1NVM2o1bk5WdXpQZjFDTDNtYUx5QzZBQ0J1cUxkak5neHZPbWs1Z1c5TGJ2YXlfSzRNMTRoT08teUtreWNKblEtbHlqbUtRVDFUY2tUNlFxSHBsS0wzX2tsTnVfZ2pzTlVtajc3RExnQnRsRHFBd0tIOGNyY29GZHBobW94amd5cWNBUkdwNHlUVHh1eTc4WDZCMnJYUk9ySGpmekdGU2JCSTZPbDhGa2o4VUxNdUZJcnhxaDJabFo?oc=5) · valleybreeze.com
- 2024-11-07 [NBC 10 I-Team: Suspects linked to ATM skimming scheme in Rhode Island and other states - WJAR](https://news.google.com/rss/articles/CBMipAJBVV95cUxNLV9MTTA5X1F3SnA1RVhxeXQ5NkpUaVVBdGNabTJ2czRmU0RETEg5a0cxb2U0VVl1Y0oyNnE0VHJfd1dFM1VfelJ3bzZHZ0trcTJSTEZrdTVLYUtqWlBUZ1ZYSjNsUUR6X2NCemJsZHBvV3JmUGdoNWxMc1U5bF9fX0VXZlRmYXQ5VXF2YjRuRlpwbWx3a1dCME9aSjNpckJsdEdzekNYaHREWHFRMlV6ekxLeC1JLXBtOHVOQUE2MGd0bC1CSEt0MHotQVUwRExNeEFPakt6cGFReUJpQXZPNGl5QURLRzhkdy1FNzkwY3hSYWxYU3NuSlNIa0pVS3BRWjFmVGMyREo2bXhDZ2ZiVzRTYmFPTHNUTHpZRVdxUl9VNjNa?oc=5) · WJAR
- 2023-05-11 [Five Questions With: Brian A. Azar - Providence Business News](https://news.google.com/rss/articles/CBMiXkFVX3lxTE9CaVdUY0NFMlJVX3dzRHJjZnd6WGFucnVRYWx4UmowZHhBdWVqY28teXMtdDdMMWJCY0lYZ3hUejRKRFFFWEkxT0JIa09ITjJqcFllbkM5RUhQeWtRV0HSAWZBVV95cUxNNERla3ExSjNPQVdUdHlpX0wzR011emtRSWpNcUlRejFSUFcycUp0N2NkUHBnTThvNy1uM0pLWWE1ZFNaSkhXNnBfbXU4TGItd28tVjAxdURrcXRWUWxsVndNV3huRHc?oc=5) · Providence Business News
- 2024-03-21 [Boory promoted at Coastal1 Credit Union - valleybreeze.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxOSFpKNUZGVzJqYlBWaXZreEhCSmpuOUo1NGZmTGQyQTZhU0tVelZxMUFEVzBTQVFRN2dtNl80Z1lqZzZTNC1XZ1dkUEVDdGNNYTZpVXJETkxPeGFpMjM5WnlzNnhfX3ZZQ296NWw0X2lRYUx4bkdnRkRTTmFTRk1DUG9TX0FBM3RaaGE2YllrQjFfbVhqMVpUTlJuZ3RNeE9VMzk3eGlxcldoYjQwN3YyWkdFYXlzQjZ3bFczMHI0MDNIM1VYMWwwbldGZUhrdUotMGgwSk1uYl9iYjQ?oc=5) · valleybreeze.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67278 (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 "67278", 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=67278
- 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