# CHAMPIONS FIRST
Tallahassee, FL · NCUA charter 67874 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/champions-first-67874

Who the members are: state charter, organized 1991, low-income designated. 32,930 members of 2,599,970 potential (1.3% of the field); checking penetration 54% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *ordinary*. 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 | $535.8M |
| Members | 32,930 (1.9% YoY) |
| Full-time staff | 94 |
| Net worth | $56.4M |
| Net worth ratio | 10.5% (p53 of band) |
| ROA (annualized) | 0.82% (p62 of band) |
| Total delinquency | 1.04% (p80 of band) |
| Net charge-offs (annualized) | 0.43% (p51 of band) |
| Loans / shares | 87% (p68 of band) |
| Cash / assets | 10.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.19% (p31 of band) |
| Operating expense / assets | 3.38% (p38 of band) |
| Vehicles % of loans | 49% (p87 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 32% |
| Third-party paper % of net worth | 116% (p55 of band) |
| Vehicle delinquency | 1.07% (p80 of band) |
| Vehicle NCO | 0.76% (p45 of band) |
| Repossessed % of vehicle book | 0.13% (p71 of band) |
| Real estate % of loans | 19% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 154% |
| Core shares % of member funds | 45% |
| Certificates % of member funds | 32% |
| Average share balance | $7,481 |
| Participations bought / yr | $4.8M |
| Participations sold / yr | $0 |
| Participations outstanding | $90.5M |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 58% |
| Average loan balance | $20,410 |
| Loans granted, annualized | $165.5M |

## Participation posture (from the same filings)

Bought $4.8M and sold $0 in the latest annualized quarter; $90.5M outstanding purchased (160.4% of net worth), $10.5M sold and retained. Sold in 5 and bought in 8 of the last 8 quarters. Shares 5.7% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | net worth falling |  |
| 2016-12 | 2 |  | net worth falling |
| 2017-03 | 2 |  |  |
| 2017-06 | 4 | net worth falling, repo signal |  |
| 2017-09 | 3 |  | repo signal |
| 2017-12 | 4 | repo signal |  |
| 2018-03 | 6 | thin capital, delinquency 2x band |  |
| 2018-06 | 3 | charge-offs p90 | net worth falling, repo signal, thin capital, delinquency 2x band |
| 2018-09 | 4 | loans>95% of shares |  |
| 2018-12 | 4 |  |  |
| 2019-03 | 4 | delinquency 2x band | loans>95% of shares |
| 2019-06 | 3 |  | delinquency 2x band |
| 2019-09 | 4 | delinquency 2x band |  |
| 2019-12 | 3 |  | auto monoline |
| 2020-03 | 3 |  |  |
| 2020-06 | 4 | net worth falling, margin squeeze | delinquency 2x band |
| 2020-09 | 3 |  | margin squeeze |
| 2020-12 | 4 | margin squeeze |  |
| 2021-03 | 4 | thin capital | charge-offs p90 |
| 2021-06 | 2 |  | net worth falling, margin squeeze |
| 2021-09 | 1 |  | thin capital |
| 2021-12 | 3 | delinquency 2x band, members leaving |  |
| 2022-03 | 1 |  | delinquency 2x band, members leaving |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | net worth falling |  |
| 2023-06 | 1 |  | net worth falling |
| 2023-09 | 2 | delinquency rising |  |
| 2023-12 | 1 |  | delinquency rising |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 2 | members leaving |  |
| 2024-12 | 4 | net worth falling, repo signal |  |
| 2025-03 | 2 |  | net worth falling, repo signal |
| 2025-06 | 1 |  | members leaving |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | delinquency rising |  |

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

- 2025-10-14 [Champions First Credit Union breaks ground on new Pensacola branch - CUInsight](https://news.google.com/rss/articles/CBMiqwFBVV95cUxNa0xOZ0lsbzZTRDZyM1dwY0sycloyUVcwQ1Y2V0V6TnRJcFVpYllTWjZJQmRmS2pPTzV0SEh2cmpRdl9SS2ZWVE5mSlAybW51WkNHTk5neFgwWDE0cmRXTVp5Rm1SbUlQWHAxR3B1Q215c1NnRXFscGVrR25WYk1ORFF1cklfOS1wc2JvbERydlhOeGs1WDVQWWl4dEQzTkgtYjNDODZZelpIdk0?oc=5) · CUInsight
- 2026-02-05 [FSU SCOM Alumna Jessie Watson Receives MAC Award Celebrating the FSU Credit Union’s Rebrand to Champions First Credit Union - Florida State University](https://news.google.com/rss/articles/CBMigwJBVV95cUxOQ3pBOXA4VkZYcGRsM25JQWNGNjhtdVV2NDBSTjdWOTJFOEJlcUdnemZCVE5YMjlwTHlfak1EWXRhcGhFZ2hqbTNuNHZxMmk5NUFoRDZPRGdteG1qSUN5Z0ppXzJCR19YRGZLc2pWY2ROeUxBelhNVXFfUFViam1BaFE0N2twVGZZZXZXSEZQSkZSWExNZUVGdVJuUjRLblFMT2RuREJnTG1CX2pTZWZtNlYybTJ4QmxnNW5RS3RCM01aTF9NY0lld1czMnYyVjdDZmM2UjNBblBPOHJRZUxKR0lKTnMwSUhRTlZ4ajBfVm8xOGgxelB4YTRRUW1RQWN5TjJr?oc=5) · Florida State University
- 2024-11-19 [New Credit Union Location Planned On Nine Mile Road At Milestone - NorthEscambia.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxOdzhjZGMxMU15WVBkTnJkbHB5Y2hQaV9MVzFuUHVEMzYyWTZaMzZaZEw5VGR6WTktTlBLaDNWSHdROFhXOFNUMXAtOW9DSWdmOGZfbHZ2T1g0aXA2Q1ctcnlvY0lUTVdqZThGeVlfbloycXVyUHcyclpHVXJPYTBKR1VrblVVeUxNS2c1MWZKc3N4dVRNdnd6dWpyRzNjWW5oWTJkcA?oc=5) · NorthEscambia.com
- 2025-10-14 [Seminoles Play Host To Florida A&M In Basketball Exhibition On Oct. 26 - seminoles.com](https://news.google.com/rss/articles/CBMivwFBVV95cUxNRTdRNlhWWEoyTWxPYzlsSEhxb0FQMFZPcmdGNmVBZ0xERDFBMnAzN1ZTR2M2UGFEd3hGbVVIUjR3dVFJMEhIaTRBRDEzTDB6LV8xdXZvWFhwUVNfeUc1UFNXd3REVXFiRTYyMXJxRGc1SEEwX0FyM1Z4ZGhNcnJ6MTZ2UHh0SERhMUtlOGFmNTV4NTBBR2d0Qy0xcHhZSW1wbE5tN3pnNXllWDg2TmhwMjhKU0RlVFV2NFZqdjJBQQ?oc=5) · seminoles.com
- 2025-10-22 [Florida A&M Set for Exhibition Contest Sunday at Florida State; FSU to Retire Ward's No. 12 Jersey - famuathletics.com](https://news.google.com/rss/articles/CBMi7gFBVV95cUxOcUFFN01CZEhqMl90TmVTbF9UanQzZ09lMVowZ1l2OUZaSVprc2RkQm9kbDdqa1hwbnBRWnFGcXFGbXpEbXJKcUtfTVRMZEhvUzFsMkdYd2hoeVlod1dvcGpwN0FiZXR4OFlmTWZrd3d1eF9JZS10SExyeFRHX2ZEZGhjMG1zdmFRS2FVYWQ3Wk4zTGUwQlBmbTRQb0JDQlpLMHpIS250ZUYzZkZBLXE2bnZISG9ScWVYWk5mZDk5Q0JnZjlsSlNaVlQybDduSndEOFAtVFNQR1hWR1B1R0VvNUtxV201Q1dJSVJkdkRB?oc=5) · famuathletics.com
- 2026-06-18 [Seven credit unions team up to build Habitat for Humanity home for local family - WJHG](https://news.google.com/rss/articles/CBMiowFBVV95cUxOMkRjdnlsNzh5M3U5RUJmS29BcXB4SHlfOGo5NFkxNGRLX1l5Q2pFSnQxSDhEWlRxcU9tUTc2ZXR5clFwTnB6a25uY1VJY2xJTzJadjRtX1M1UEFfd2x6ZGhRS3NCLURScTlPb2o4ZE45U296clpwb2NzdFFGNFVsbHBDYUwtN1RLWGJzWmppSzlGZVU4S3RKVHhlbE9rY0VMV2JZ0gG3AUFVX3lxTFBlbGtUandWblRpRVlXT2RaNWlaNDhzclRWZUgzeGN2TU9qNVpsc19aSm5KeDUtODE2VDdDS0VHMVdqRktEbG9IeFRFdmJqYU9rQm8za1FkUzVRWm5ZZWVoZE5XS0lkU1cwbXBTTGlwempDWnMyZDlDQnM3U3F5SDFfelFVVDJwMnVEQmdNbE05NjJfbVRXNkhMcTgzRThfN3hyLWFlc1ZVS1RXSERMRm5CWVlvZWZYcw?oc=5) · WJHG
- 2025-04-08 [America's Best Regional Banks and Credit Unions 2025 - Florida - Newsweek Rankings](https://news.google.com/rss/articles/CBMijgFBVV95cUxOSV9rYjRvVlQwYzdjRjQ5RWNWYk5sNXpzMEpRQml0ZlN2VkI3cmkwMGRmVTI0eERfeG1tTWp6Y0lXZWtIdTc2N2xOYjZyU1ZEQnpOSkgtd2tHTDd2Z3pnbVNvZDFTUXJyZy1iOU1rc1lsaHJnaXVPM0JpX1FSbjVUTkdBWHl3djA5X2ZvN3Zn?oc=5) · Newsweek Rankings
- 2025-11-19 [The Tallahassee QB Club Jamboree Features Warrick Dunn - Tallahassee Reports](https://news.google.com/rss/articles/CBMingFBVV95cUxQRDdvMmRNSDlaODRBR2xkM0lYbTZrT0w5V0dRUXBhMjFQWTNfYjR1Sm9GNTdlTzBaUGRPU1B3TWpQQUN2bllic1VxeXlLbjZVR0RObW9kTGg5S3RWNUU5ak02VVVNYUQ1bEVqbzRRSy11Z0k5SWd2c3paMmcySFVEZkxxZ2ZXRE9qeE54QWFPc3I3MGdSTXYxUzF1dldfdw?oc=5) · Tallahassee Reports

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67874 (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 "67874", 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=67874
- 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