# VYSTAR
Jacksonville, FL · NCUA charter 68490 · asset band >$10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/vystar-68490

Who the members are: state charter, organized 1952, low-income designated. 1,058,604 members of 19,911,971 potential (5.3% of the field); checking penetration 68% (share draft accounts per 100 members); loans per 100 members 44.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $13.80B |
| Members | 1,058,604 (4.0% YoY) |
| Full-time staff | 2215 |
| Net worth | $1.22B |
| Net worth ratio | 8.9% (p12 of band) |
| ROA (annualized) | 0.41% (p8 of band) |
| Total delinquency | 1.22% (p67 of band) |
| Net charge-offs (annualized) | 1.17% (p79 of band) |
| Loans / shares | 92% (p71 of band) |
| Cash / assets | 5.0% |
| Borrowings / assets | 10.74% |
| Net interest margin | 3.36% (p67 of band) |
| Operating expense / assets | 3.54% (p96 of band) |
| Vehicles % of loans | 25% (p54 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 77% |
| Third-party paper % of net worth | 228% (p71 of band) |
| Vehicle delinquency | 1.17% (p83 of band) |
| Vehicle NCO | 1.68% (p71 of band) |
| Repossessed % of vehicle book | 0.24% (p83 of band) |
| Real estate % of loans | 44% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 83% |
| Core shares % of member funds | 49% |
| Certificates % of member funds | 28% |
| Average share balance | $5,400 |
| Participations bought / yr | $876.0M |
| Participations sold / yr | $646.1M |
| Participations outstanding | $1.15B |
| Loans outstanding per 100 members | 44% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $22,125 |
| Loans granted, annualized | $4.22B |

## Participation posture (from the same filings)

Bought $876.0M and sold $646.1M in the latest annualized quarter; $1.15B outstanding purchased (93.7% of net worth), $38.8M sold and retained. Sold in 4 and bought in 7 of the last 8 quarters. Shares 2.1% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **expense trap** (`earn_opex`)
- **delinquency rising** (`aq_dq_rising`)
- **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 | thin capital, leaning on borrowings, 3rd-party paper>100% NW |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 4 | net worth falling |  |
| 2018-06 | 3 |  | net worth falling |
| 2018-09 | 3 |  |  |
| 2018-12 | 4 | net worth falling |  |
| 2019-03 | 4 |  |  |
| 2019-06 | 3 |  | net worth falling |
| 2019-09 | 3 |  |  |
| 2019-12 | 4 | loans>95% of shares |  |
| 2020-03 | 4 | net worth falling | loans>95% of shares |
| 2020-06 | 2 |  | leaning on borrowings, net worth falling |
| 2020-09 | 2 |  |  |
| 2020-12 | 4 | net worth falling, expense trap |  |
| 2021-03 | 3 |  | expense trap |
| 2021-06 | 2 |  | net worth falling |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 | expense trap | thin capital |
| 2022-06 | 3 | delinquency rising, leaning on borrowings | expense trap |
| 2022-09 | 4 | expense trap |  |
| 2022-12 | 3 |  | expense trap |
| 2023-03 | 5 | net worth falling, expense trap |  |
| 2023-06 | 3 |  | delinquency rising, net worth falling |
| 2023-09 | 4 | delinquency rising |  |
| 2023-12 | 3 |  | delinquency rising |
| 2024-03 | 4 | thin capital, net worth falling | expense trap |
| 2024-06 | 3 |  | net worth falling |
| 2024-09 | 4 | expense trap |  |
| 2024-12 | 5 | losing money |  |
| 2025-03 | 5 | assets shrinking | losing money |
| 2025-06 | 5 |  |  |
| 2025-09 | 5 |  |  |
| 2025-12 | 4 |  | assets shrinking |
| 2026-03 | 5 | delinquency rising |  |

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

- 2026-08-19 [Jacksonville woman sues VyStar, alleges credit union failed to properly investigate $42K impersonation scam - News4JAX](https://news.google.com/rss/articles/CBMi6AFBVV95cUxQLXN0dnQ2amJBdXljT3hTREZKd250TzhzalR0TzlfZVFuQTY3NGVFN3pEMEp1bll3VE1ZMElxSVJZaDlHRGtjS0R4OWlLQkY2ODJ0dVhfOVA5bEg4SHpUQTBKLWJCVGFHM18wbTF2VTFMekNaZ254dzZJaVEzWWVJU21TamVhTlpiWEZMVU1JYjBKUzFpdElKUmxwR25RQ3pwRjJ6dkJ6VjVZUmV2ZFk3ejNNRjVSSW1CY3Q0OTJ4cmVYbUw5WVZNMjMtdFl1S2N6Z0JnTGRCb3JyYnU1V0hXZkM3TmlZenJZ?oc=5) · News4JAX
- 2026-05-22 [VyStar Credit Union announces 2026 Board of Directors - CUInsight](https://news.google.com/rss/articles/CBMimgFBVV95cUxPS0R5QmxCeUZYa01tZENIZGdVc1JWaXhpU1ZJWWw5ekhEU1ViQWRjSGpXT2s4NkMyeGczaFhROXVjUEJYMS05QUplY0ZiNlJCS3lLbjYzUmxkUUtmZWF4MVVISFc0LU4tMWk1ZExncWVpb3JXLXk4WU9YN2pBbC1pbTNPWFJ3bWhndlZiRkJrY2tKaEdtMGN0ek1B?oc=5) · CUInsight
- 2026-06-29 [20 Largest Credit Unions in America | Banking Advice | U.S. News - U.S. News & World Report](https://news.google.com/rss/articles/CBMigAFBVV95cUxPTGo3NzJqcExQdW1NT240R08xaGVXT1pFZHBGS29RSG9UaUJQaWkxV3RrbEZheE5jWjRlUmp0am5oQ3V6SFh6U2lIQ2NvaWtKTnhsNko2TU0zYXRhWUFEb0ZBUWFJUkxYWlQ4eVBTWHFmNjZkbW1QOXg1VnBDbExpWA?oc=5) · U.S. News & World Report
- 2026-05-24 [Protect yourself from fraud: VyStar Credit Union’s free ‘Shred to Protect Day’ - Action News Jax](https://news.google.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?oc=5) · Action News Jax
- 2026-06-05 [VyStar Credit Union hosts shredding event to help prevent fraud and identity theft - WCJB](https://news.google.com/rss/articles/CBMirAFBVV95cUxNX2dGMXlJbXNNNzZHbExTMl91OERUaU52czhxbDV6c1NiN3pXY1dVbHFUS2NrNkZZQXFKNzFpT0JzY2JnQ1hiQnBzVnR4dmJpS3JnRkxJSWRKbjh5UWpqZW4yMVVBbExvb0dOVmQwYkNXZW4wQVZ1b3ZiMXNnVTFTaVlpVjdxU0V0dnBPM3ZPaEcyR1VmYks2Ymh6NkxzVWNPSkRidnIzczk0Y3FU0gHAAUFVX3lxTE41VUdFUTBZSURhXy1NU25DbHFnSXVXSXZIWmRNNzh3bkl1NjFWMC0xYTJETVB4NUdhazdLVmxGN1YxbGZoWnhjdkVGQU9haUdvS1dTcnFrX2JUQVAybUNINlFVd2tncGNLUkJSV1d3azI3MDlVSDVBdUJ5VkhiaDBoZkd4dmw5WVRKRS1hRFV2RFpyOFBSU2pSMEhqT1V5M0RiTnRpWWRPd3g3b01mQ3ZYVS1tNmIzYmZYbnZJQTRSNw?oc=5) · WCJB
- 2026-08-03 [Jim Ryan named senior vice president at VyStar Credit Union - Jacksonville Daily Record](https://news.google.com/rss/articles/CBMirAFBVV95cUxPS05IRGxZQ1ZWLTRQcWJPc0paM1hCMjVRVE81YVYwcHBicGRJbzVrckpRS2V2c0NNT2kyNHlJTC1kMEN5YnRCWDRxUGQ3VFhha0J2SXRua3FzU3M4ZWZaSnZKalJFWXoyeW4wMlpMS2lGajlmMVNrMVJRaTRTeVdMa1hhcmtGRVpRVGxqdkxzX25hTnA2c2o2bVljeXp6SnQ1VUE3Smw3RGV5bzZZ?oc=5) · Jacksonville Daily Record
- 2026-06-03 [VyStar Credit Union Hosting FREE Shred Event - firstcoastnews.com](https://news.google.com/rss/articles/CBMi-AFBVV95cUxPY3U3VGl1ek1ybVdUa29BSjl4VU9QNVFvbW82RmFpcGNXZTllSTdVeHhSZFJFWHhXRVYybzAzeXU2R2c5ZXdsejF6cWhEUEU0aTUxWVlDQTRGYjkzUV9NYVEwWTZNR2J3Sno1WDJyZ2pvdFFYSURCNzQ0NTZTNHZPSmhDeUcyc3g5RHFXcndrZlFOZ1ZVby1rZ1hkeUh4TUY2dTQybXdMaEJHdllZVlRzUU1WY1FGbGlZbHhWeUcwWTJWQkhXaWoyaE9wU1prMnBLOERpRnVuRWl3aTNHSG5VZUF6ektudTlnMHBBZERkaFFxc21BR3NTRg?oc=5) · firstcoastnews.com
- 2025-12-11 [VyStar invests $4M in banking platform that targets generational wealth transfer - The Business Journals](https://news.google.com/rss/articles/CBMikAFBVV95cUxOVk1iVVVScWtGVW5vbl9qM1BSMnJWamdnMnBLOGREQUxVNGZ4N1U5WlI4UEcxTDBldVVUdEJ4ZUZpTlhFTEs1UGZONF9SV3JUT3VxdXluaUxtZThxLTJIX3QtZmJTVENCMXo4ZFN4b1pVVUJETHNXZlkzd2xaM2phdUZQUThtc1kxRFdIZlZ2RHU?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68490 (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/10.json (key "68490", 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=68490
- 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