# FORTRESS
Marion, IN · NCUA charter 7392 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/fortress-7392

Who the members are: federal charter, community charter, organized 1951, low-income designated. 1,940 members of 66,944 potential (2.9% of the field); checking penetration 40% (share draft accounts per 100 members); loans per 100 members 54.

**Verdict on the desk:** this could be *auto monoline*. 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 | $21.7M |
| Members | 1,940 (-17.6% YoY) |
| Full-time staff | 6 |
| Net worth | $3.9M |
| Net worth ratio | 18.1% (p67 of band) |
| ROA (annualized) | 1.62% (p87 of band) |
| Total delinquency | 0.34% (p38 of band) |
| Net charge-offs (annualized) | -0.19% (p8 of band) |
| Loans / shares | 66% (p61 of band) |
| Cash / assets | 40.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.62% (p39 of band) |
| Operating expense / assets | 3.69% (p52 of band) |
| Vehicles % of loans | 84% (p90 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 74% |
| Third-party paper % of net worth | 183% (p98 of band) |
| Vehicle delinquency | 0.40% (p48 of band) |
| Vehicle NCO | 0.11% (p72 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 1% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 43% |
| Certificates % of member funds | 35% |
| Average share balance | $5,792 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 54% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $11,018 |
| Loans granted, annualized | $5.8M |

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 5 | losing money, delinquency 2x band, charge-offs p90, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 5 |  |  |
| 2016-09 | 5 |  |  |
| 2016-12 | 5 |  |  |
| 2017-03 | 3 |  | losing money, charge-offs p90 |
| 2017-06 | 4 | assets shrinking |  |
| 2017-09 | 6 | losing money, charge-offs p90 |  |
| 2017-12 | 6 |  |  |
| 2018-03 | 5 | margin squeeze | losing money, charge-offs p90 |
| 2018-06 | 3 |  | assets shrinking, margin squeeze |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 5 | margin squeeze, members leaving |  |
| 2020-06 | 6 | net worth falling, loan book shrinking | members leaving |
| 2020-09 | 5 |  | loan book shrinking |
| 2020-12 | 4 |  | net worth falling |
| 2021-03 | 5 | members leaving |  |
| 2021-06 | 5 |  |  |
| 2021-09 | 6 | losing money |  |
| 2021-12 | 5 |  | losing money |
| 2022-03 | 4 | delinquency rising | margin squeeze, members leaving |
| 2022-06 | 6 | net worth falling, members leaving |  |
| 2022-09 | 5 |  | net worth falling |
| 2022-12 | 5 |  |  |
| 2023-03 | 5 |  |  |
| 2023-06 | 4 | assets shrinking | delinquency rising, members leaving |
| 2023-09 | 4 |  |  |
| 2023-12 | 4 | members leaving | assets shrinking |
| 2024-03 | 5 | net worth falling |  |
| 2024-06 | 5 |  |  |
| 2024-09 | 4 |  | net worth falling |
| 2024-12 | 3 |  | members leaving |
| 2025-03 | 6 | net worth falling, losing money, margin squeeze |  |
| 2025-06 | 3 |  | net worth falling, losing money, margin squeeze |
| 2025-09 | 2 |  | delinquency 2x band |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | members leaving |  |

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

- 2026-05-06 [Upstart Holdings (UPST) Is Down 5.1% After Fortress Loan Pact and Wider Q1 Loss - What's Changed - Yahoo Finance](https://news.google.com/rss/articles/CBMimAFBVV95cUxPTzNqcHYxNmY0SkRfT0w4NTBIMlpKQ0RLeGhoR1Jpdzduei1RZTB3ckVyUDdfbEtXQXNXaDNycEdjRkJNZm9iTmJkbjRxeGEtdEFNX2VpM3BhcjZncVFTcTJqYWFhZkoyOGFpYnBGWGdPTF9CYkNZekZxbTZ6ZXJqM2tXY1VhM21PUUJ2MVVtX09sX1paVkFXTg?oc=5) · Yahoo Finance
- 2026-04-08 [Scam fortress in Thailand shows signs of torture, elaborate props - 朝日新聞](https://news.google.com/rss/articles/CBMiVkFVX3lxTE9YSFpnZ3JiYVluMURNb3RkeHMybnVYOFp6RWUtY1JpTUhubTByZ1ljZWZkcERnbzYzOTdiMi1fbXROSDJJUTFDVl9ONEsza181MTdydmV3?oc=5) · 朝日新聞
- 2017-06-09 [Redstone Federal Credit Union gives out money, kindness to random people - The Daily News Journal](https://news.google.com/rss/articles/CBMivgFBVV95cUxNT0dZUWh2ampKaFRyUXNLWFNramFCN3hWVk1RZERndW80bnhtYkh5NHJkUVlwMW4yQ3hWd05WdUpTME81M2dybXVaY1JlYzBURnNySzFzTlBVclNEMnMzb01aczVpYzhiakQ2OHdpWjdGZ0s1U18zYVp1dnF6azJYcERCSF9seXBfOFFoLVdwOGNfVXd6bTdRMlFNdFk1dEZBNzJBNWJwSU1PMHd2bktCa3NGdkV5OWIyLVZxcTZB?oc=5) · The Daily News Journal
- 2022-10-03 [Felony Lane Gang continues crime spree in Murfreesboro - WSMV](https://news.google.com/rss/articles/CBMijAFBVV95cUxOc28ta0JlNGxINmxDUEtoSzRTRDI2RFdMTkQwLUVMR0d5TVg2WklkV2NXQlowV0kzUUJ2WUl1dzRfeG9XNl9QSGx0WkVSUUdaNVR4VllKZC1NUzFTRUtfckdBOENnUndIUVZmTlQwdmdIZEFMZW9JWnBvRUJuMjRRQk9TUmsyOFI1ZzJoRdIBoAFBVV95cUxQVFpPNENfSTZOOGY1VEdsN3puUGp3YWlrdi0xdDlkc3RNbm1xQWR1V3dRRGc0QUpjZ1dvdU1UdFJyMUVzbUJjNkoxYzYxeW1FS0lhdFZIWEMwTU5sMDRmaEtlZjdteWxwYUxHTE1vUUYyVEFzemh3WWNrR0VRdFVjY2YyVjFSNXZGU191Q1ZpOG9MeDBqUFBPSU1MclNwTVpp?oc=5) · WSMV
- 2023-12-04 [Holiday for Heroes brightens the season for area veterans - The Winchester Star](https://news.google.com/rss/articles/CBMi6gFBVV95cUxNUHhNanpBd04wZ21vNF85V2FaTW1MdEtXSWtzYlk1VjVaeEhJNFk3R092dl9vc1dmdm5TcHB5cW9yaWNqWktQd0k3eUEyZmJWcHljZE1YSFIwZmIzdVJIRFAxXzhqLVpYcXgtNFNlZG92ZEt5M0I4Wkc1ZUlnUlJkOENIUDQxTDZ5UWVwYTZNbUNoRHlyUEREamYtZzBTZDVCUnpyNS15S1ZqazFUUHRmREtBc0RMTTNwRm5lNlJZM19qcFU5YTNuelFfd0dEblFFTVBXOHUybVV1NHg4SjR3MV9ScmJnVC04V2c?oc=5) · The Winchester Star
- 2022-03-26 [New $5M loan program will help small businesses in Jackson - MLive.com](https://news.google.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?oc=5) · MLive.com
- 2016-03-26 [There's more than one way to grow a bank, Hartland money manager says - Milwaukee Journal Sentinel](https://news.google.com/rss/articles/CBMizAFBVV95cUxOOVN6d0JDRXUxUXdBSEJzdllidFJ1b0pYUmRjMzVyN0ZqS2JtM1ZQYjVYbjkxNm1aOXNIVnY0U29Xa0RHdDhNR3ZvZGNjcm9tdFp3cWcyV2ZwZEFteUZVWW1QOTJnSXVjUnhMbkdJR084OW93dVZBWENzTEFjNXRPaXluV1hVaGhRQ2tWTUlhVWVLQWxjMzVvMW1KM1pnR0hPS0xObnowRmZGeXhEaDM1NUUwSVhMTDF4VE5LeVRTeEQxcTJYRjA5TjFYaEE?oc=5) · Milwaukee Journal Sentinel
- 2018-07-26 [What would a conquistador’s emeralds be worth? JoCo lawsuit tells million-dollar tale - Kansas City Star](https://news.google.com/rss/articles/CBMib0FVX3lxTFBNVnVldzZweVJ5YXZHb203a2dBNkRGOVNtdDAxSDZ1eEp1ODBnUTg2djFnb0hEMVpYbmlGeEdGeTkwUWdvZ1JNTEpGcXc2cFB6OFFpUDNHbkRXdjhHako4VU5ObUdIZFFUNjNaTDZSONIBb0FVX3lxTE5PdzBucDFxbjl0Njk4NEVVNXNwQ3VXQmc2bUF0WDF2UGQxLUplaE84dlpsZzZUQVBtQmNELXlGMlFKS3pmSEMxUk4yZmZTQnJLcFdUcmpycC1QTGJ2cTBLVG05SEw3MmZJSkZSMFlEQQ?oc=5) · Kansas City Star

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=7392 (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/32.json (key "7392", 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=7392
- 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