# ADVANTAGE ONE
Brownstown, MI · NCUA charter 68679 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/advantage-one-68679

Who the members are: state charter, organized 1952, low-income designated. 17,805 members of 10,140,459 potential (0.2% of the field); checking penetration 56% (share draft accounts per 100 members); loans per 100 members 102.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $266.0M |
| Members | 17,805 (-1.1% YoY) |
| Full-time staff | 59 |
| Net worth | $30.9M |
| Net worth ratio | 11.6% (p56 of band) |
| ROA (annualized) | 1.31% (p85 of band) |
| Total delinquency | 0.79% (p67 of band) |
| Net charge-offs (annualized) | 1.06% (p89 of band) |
| Loans / shares | 89% (p86 of band) |
| Cash / assets | 7.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.96% (p98 of band) |
| Operating expense / assets | 4.49% (p82 of band) |
| Vehicles % of loans | 38% (p60 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 69% |
| Third-party paper % of net worth | 178% (p77 of band) |
| Vehicle delinquency | 1.64% (p90 of band) |
| Vehicle NCO | 2.01% (p91 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 31% |
| Credit cards % of loans | 7% |
| Unsecured % of loans | 17% |
| Commercial % of net worth | 42% |
| Core shares % of member funds | 65% |
| Certificates % of member funds | 27% |
| Average share balance | $7,232 |
| Participations bought / yr | $2.0M |
| Participations sold / yr | $0 |
| Participations outstanding | $24.0M |
| Loans outstanding per 100 members | 102% |
| Loans granted per 100 members, annualized | 17% |
| Average loan balance | $11,567 |
| Loans granted, annualized | $64.9M |

## Participation posture (from the same filings)

Bought $2.0M and sold $0 in the latest annualized quarter; $24.0M outstanding purchased (77.7% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 6.0% year over year.

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 2 | losing money, expense trap |  |
| 2017-06 | 3 | charge-offs p90 |  |
| 2017-09 | 1 |  | losing money, charge-offs p90 |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 3 | delinquency 2x band, 3rd-party paper>100% NW |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 2 |  | delinquency 2x band |
| 2019-03 | 3 | net worth falling |  |
| 2019-06 | 2 |  | net worth falling |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 4 | net worth falling, delinquency 2x band |  |
| 2020-09 | 3 | margin squeeze | net worth falling, delinquency 2x band |
| 2020-12 | 3 |  |  |
| 2021-03 | 5 | thin capital, net worth falling |  |
| 2021-06 | 4 |  | net worth falling |
| 2021-09 | 3 |  | thin capital |
| 2021-12 | 2 |  | margin squeeze |
| 2022-03 | 1 |  | expense trap |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 3 | delinquency 2x band, delinquency rising |  |
| 2023-06 | 1 |  | delinquency 2x band, delinquency rising |
| 2023-09 | 4 | delinquency 2x band, delinquency rising, leaning on borrowings |  |
| 2023-12 | 4 | net worth falling | delinquency 2x band |
| 2024-03 | 4 | delinquency 2x band | leaning on borrowings |
| 2024-06 | 3 |  | net worth falling |
| 2024-09 | 2 |  | delinquency rising |
| 2024-12 | 1 |  | delinquency 2x band |
| 2025-03 | 3 | delinquency 2x band, assets shrinking |  |
| 2025-06 | 3 |  |  |
| 2025-09 | 2 |  | assets shrinking |
| 2025-12 | 1 |  | delinquency 2x band |
| 2026-03 | 1 |  |  |

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

- 2026-05-21 [From mega sites to main streets, leaders rethink local growth - Crain's Detroit](https://news.google.com/rss/articles/CBMixwFBVV95cUxNRmlWT2xFVjRIMWpfVjNWOVpDNmxKZnpERDk3eVY4d1pRSWJzTHp6Yi1CVUNqZjNFYkNrMGpRNHpiQm1NWkhScGllbnBLb2JaU0tsc1JvUnNxVmZHamJNcU1Va050UkJDOWQwNFVlNW1uT0MwVU9mUmZNblJnazlmQ2c3dWhiMVBRQ0c4Z1J3dmk5ZnA2WHRFMmhVSG4xZkdIeG5pZmFtNzc2b0s3VUdUODg2em1hN1VUQ1hDRWg1dlJ6UTlnMXhV?oc=5) · Crain's Detroit
- 2021-07-02 [Chamber to host awards ceremony honoring Downriver women in business leadership - thenewsherald.com](https://news.google.com/rss/articles/CBMivgFBVV95cUxPdVBaZ3JOWmtidXZNdDZGcUFOS3BRVEMyNXdmaF9fQi1QQTBMU1U0M0RkV1BNRV9feTdZQXNYYXBYWENwVnhSV3dZU001M3V2TEZFTnR1bnBZSXl6MEZvVHh3ZlJyQ1hvY2o0MkRjbUV1TlRDVmloMDBxT3JQd0MzbFVJT1huWUVNYjZJUHFBai1kbUhMWnBUNE9DLVVvWEd5ZkJ4ZDM1dnNZeVNwOUVLODBEQkxZZl9pOGp3RlpB?oc=5) · thenewsherald.com
- 2025-04-18 [Jeffery W. Seal - The Martenson Family of Funeral Homes](https://news.google.com/rss/articles/CBMiYEFVX3lxTE1GT25hZ2R1UHlYNWJkeldKQUdKS281eXloeXJjS2pSZXhMbWxPZEYwSTByN1hoUS0tRDFabDdpaEVYVWNiZEJMQ2ZTMGpFNWFSYVBFQlVUck5RVVZPNTlwMg?oc=5) · The Martenson Family of Funeral Homes
- 2026-06-01 [Helen M. McDonald Obituary (2026) - Novi, MI - O'Brien-Sullivan Funeral Home - Novi - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxON0lQNzR6dGp4cHJqZUpIUndkYVNzbzYyeUpyNDY5cHpKTmJVa2g0LU53ZDR6NVh3OXJEZmFhcmtrTU9pMU41MFdxTGtjMlZEOHh1Y0FJaUJvOXdwbE40YndZZmFCTjM2cEdnbHN0WTF6M09UM0NIYVd4bjFxb0gxeUhyNA?oc=5) · legacy.com
- 2018-10-02 [Here are all of the banks that currently support Apple Pay - iMore](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · iMore
- 2024-12-30 [Robert Mattern Obituary (2024) - Southgate, MI - Molnar Funeral Home - Nixon Chapel - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxOakVjWnREM21BeFZpbmR5bXJDREFMRnlXN3NoSDUzMEltN3QxQllyQ3lhM3Y1czl3WHlaMzVBQzFDb2I2Tm00Z0dMTjJSTURfSmxuR3huMlludjVJM24tbFE4M3ZDeC15NjVuMWlCT3RJQzkxMGlzOExCWnluZjAwU2U1WQ?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68679 (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/7.json (key "68679", 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=68679
- 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