# JOLT
SAGINAW, MI · NCUA charter 68703 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/jolt-68703

Who the members are: state charter, organized 1956, low-income designated. 27,415 members of 936,513 potential (2.9% of the field); checking penetration 69% (share draft accounts per 100 members); loans per 100 members 74.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $483.4M |
| Members | 27,415 (-0.8% YoY) |
| Full-time staff | 109 |
| Net worth | $49.2M |
| Net worth ratio | 10.2% (p32 of band) |
| ROA (annualized) | 0.40% (p28 of band) |
| Total delinquency | 0.38% (p28 of band) |
| Net charge-offs (annualized) | 0.40% (p50 of band) |
| Loans / shares | 60% (p20 of band) |
| Cash / assets | 12.0% |
| Borrowings / assets | 2.07% |
| Net interest margin | 3.66% (p58 of band) |
| Operating expense / assets | 4.15% (p69 of band) |
| Vehicles % of loans | 25% (p33 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 74% |
| Third-party paper % of net worth | 114% (p61 of band) |
| Vehicle delinquency | 0.58% (p51 of band) |
| Vehicle NCO | 1.27% (p78 of band) |
| Repossessed % of vehicle book | 0.54% (p96 of band) |
| Real estate % of loans | 59% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 2% |
| Core shares % of member funds | 59% |
| Certificates % of member funds | 17% |
| Average share balance | $6,192 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 74% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $12,260 |
| Loans granted, annualized | $59.4M |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2019-06 | 1 | 3rd-party paper>100% NW |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | net worth falling |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 2 | margin squeeze |  |
| 2021-03 | 3 | net worth falling, loan book shrinking | 3rd-party paper>100% NW |
| 2021-06 | 2 |  | margin squeeze |
| 2021-09 | 1 | delinquency rising | net worth falling, loan book shrinking |
| 2021-12 | 0 |  | delinquency rising |
| 2022-03 | 3 | net worth falling, losing money, delinquency rising |  |
| 2022-06 | 3 | 3rd-party paper>100% NW | delinquency rising |
| 2022-09 | 1 |  | net worth falling, losing money |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | losing money |  |
| 2023-06 | 3 | delinquency rising |  |
| 2023-09 | 2 |  | delinquency rising |
| 2023-12 | 2 |  |  |
| 2024-03 | 4 | net worth falling, delinquency rising |  |
| 2024-06 | 3 |  | delinquency rising |
| 2024-09 | 1 |  | losing money, net worth falling |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | repo signal |  |
| 2025-12 | 1 |  | repo signal |
| 2026-03 | 2 | repo signal |  |

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

- 2026-06-01 [Pride Month events planned across Great Lakes Bay Region - Midland Daily News](https://news.google.com/rss/articles/CBMipAFBVV95cUxOTGNkQS1SOFhyMU9aZzE0cHlpMjgxaVVWTzFBNzdjM0lESnJzUmJ4RzZtcl9faW9DTlU2R21oV2FBb0cxcExoc1dpVkpZQWRyamxYOE5hMDhNaWNVbjF4eU94RVZBem9UUTEwM2QtX0Q3TTVlX3ppTUZWcjNzYWxxbUJQRnpWQ3I0bHVyV1FpS29NZ01yanZLRHYtX3E4RzJFWVZCcw?oc=5) · Midland Daily News
- 2026-02-12 [Bay City’s St. Patrick’s Day races 2026: What to know - MLive.com](https://news.google.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?oc=5) · MLive.com
- 2022-04-12 [Former Huntington Event Park now named Jolt Credit Union Event Park - WNEM](https://news.google.com/rss/articles/CBMiogFBVV95cUxPamNMeVhlRjh6Q2FWWFVBcGdpNTlxNDZHdW1oazJBRi15cHFSdEYxTWtzWXlSYjkxR1FMTTg2UWtZYU5zanNUaVV2dVZMTGRMdUtwY1hZQ0VhUDQtbVY4WDJ2b0hWa2JqbUxJc01MQ2ptVmlmUURRSnV6Mlg4WkpKRE9nM2FIWTU2aW1aZG5DZUFFeksyYTRuUWwzRFp5aFdweEHSAbYBQVVfeXFMUHNOQXdpVWN3SkpmS0w2YkZXYU1KS3ZtMi1WNi1MWXExZWlENGt3SkE2dXV6dXp3bUhBNXpBTmxITWhfYlJuWHk2d2hiWmI2LW5BY0NJWFlfYkItNkVZcFdLTUp5YVhfNFVPTzJEZlRKZVZxZ3lQaUtlY056bWhDbHl5eW5mbm5yRTlUNWRCM2dVNGxta1E0TVh3emZaN2k0M2ZxTFFIZ3AxNWhiemlNbllsSUZUUUE?oc=5) · WNEM
- 2021-03-10 [New Administrative Building Coming for Jolt Credit Union - WSGW 790 AM & 100.5 FM](https://news.google.com/rss/articles/CBMihAFBVV95cUxPQXlQU2EwMzVWMV9vRWxzS0tSUm5Rd0s5NThsN3N4cUdxTUtza0d1bjBxLUw5NHJNU1RPaHBRVzVRTUdtd2NsNkVXTk5hNzB2RVpuZF9QejVET21UTGtEaFRZWGtLVFg5NHpXMlYtOTEyeFNuYjREMmd5WnJ2ZmNLZDdCS18?oc=5) · WSGW 790 AM & 100.5 FM
- 2019-05-01 [Catholic Federal Credit Union announces new name - Jolt Credit Union - MLive.com](https://news.google.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?oc=5) · MLive.com
- 2021-01-28 [Robert Roy Adams Obituary Jan 28, 2021 - W. L. Case and Company Funeral Directors - W. L. Case & Company Funeral Directors](https://news.google.com/rss/articles/CBMia0FVX3lxTE9DUlFXYWd2YWxuc3hYUXNkTTZ4WXRYNmZiMW8yTDc5MWpGZGxWLUl2RVg0YnlhMkE0LS1GWjNwSzVzeGVDbnB4b0VpRzZWUHFLUzREYk50cjM4Tzd4WkFPblpNWDN1ZWFBN0JB?oc=5) · W. L. Case & Company Funeral Directors
- 2026-04-28 [Cinco de Mayo Celebrations Coming to Saginaw - WSGW 790 AM & 100.5 FM](https://news.google.com/rss/articles/CBMidEFVX3lxTE43NU03VC1ldl8yMUdoTDBtc1I5TUdsRE91VlRCcFI0ZkF3MXp2U2JQN3ZEVmxpbTR6Vmd5QkJDNGRPbGo1ZWhoM1pjT0kzeWZmbUx4WmhpV3V4cFlzbUg5RHA3b01DSUN0X2E2NnlFdWV6X2dR?oc=5) · WSGW 790 AM & 100.5 FM
- 2024-05-02 [Cinco de Mayo parade and festival set for May 4 - Midland Daily News](https://news.google.com/rss/articles/CBMikgFBVV95cUxNWmtYMWhpX1NHd3cyWUJiMVdhalhFWVFGT2NZYUQzTVB2T0lGM1dPR1BHeEl6TzI3TENZWDFnVDREN1AxcE1PSHFPWUhvNmhGaFJlWktRZ1RUTXlMUlUySGh3dmtYZGtVbUctakhRVWZzcm9tcERqQjdGbHJOV3EwRkJQTERoaFJaZWcxUVZ1V2JoUQ?oc=5) · Midland Daily News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68703 (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/31.json (key "68703", 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=68703
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide