# ASCEND
TULLAHOMA, TN · NCUA charter 7397 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/ascend-7397

Who the members are: federal charter, multiple common bond, organized 1951, low-income designated. 265,513 members of 3,884,508 potential (6.8% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 59.

**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 | $4.75B |
| Members | 265,513 (6.6% YoY) |
| Full-time staff | 631 |
| Net worth | $690.9M |
| Net worth ratio | 14.6% (p92 of band) |
| ROA (annualized) | 1.25% (p84 of band) |
| Total delinquency | 0.42% (p28 of band) |
| Net charge-offs (annualized) | 0.43% (p40 of band) |
| Loans / shares | 91% (p64 of band) |
| Cash / assets | 7.1% |
| Borrowings / assets | 5.66% |
| Net interest margin | 3.24% (p45 of band) |
| Operating expense / assets | 2.78% (p27 of band) |
| Vehicles % of loans | 39% (p77 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 73% |
| Third-party paper % of net worth | 145% (p52 of band) |
| Vehicle delinquency | 0.51% (p42 of band) |
| Vehicle NCO | 0.95% (p49 of band) |
| Repossessed % of vehicle book | 0.19% (p80 of band) |
| Real estate % of loans | 44% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 49% |
| Core shares % of member funds | 46% |
| Certificates % of member funds | 34% |
| Average share balance | $7,526 |
| Participations bought / yr | $0 |
| Participations sold / yr | $16.3M |
| Participations outstanding | $40.1M |
| Loans outstanding per 100 members | 59% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $21,979 |
| Loans granted, annualized | $1.16B |

## Participation posture (from the same filings)

Bought $0 and sold $16.3M in the latest annualized quarter; $40.1M outstanding purchased (5.8% of net worth), $7.3M sold and retained. Sold in 4 and bought in 3 of the last 8 quarters. Shares 4.4% year over year.

## Flags firing in the latest filing

- **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 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | delinquency rising |  |
| 2017-06 | 0 |  | delinquency rising |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | net worth falling |  |
| 2018-03 | 3 | loans>95% of shares, 3rd-party paper>100% NW |  |
| 2018-06 | 4 | leaning on borrowings |  |
| 2018-09 | 4 |  |  |
| 2018-12 | 3 |  | net worth falling |
| 2019-03 | 2 |  | leaning on borrowings |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | net worth falling |  |
| 2020-06 | 2 |  | loans>95% of shares |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 1 |  | net worth falling |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 2 | delinquency rising |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 3 | net worth falling, leaning on borrowings | delinquency rising |
| 2023-09 | 4 | members leaving |  |
| 2023-12 | 3 |  | net worth falling |
| 2024-03 | 4 | delinquency rising |  |
| 2024-06 | 4 |  |  |
| 2024-09 | 3 |  | members leaving |
| 2024-12 | 3 |  |  |
| 2025-03 | 2 |  | delinquency rising |
| 2025-06 | 3 | delinquency rising |  |
| 2025-09 | 2 |  | delinquency rising |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |

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

- 2026-04-07 [Ascend Federal Credit Union named to Newsweek’s America’s Best Regional Banks and Credit Unions 2026 - CUInsight](https://news.google.com/rss/articles/CBMi1gFBVV95cUxOY2VKQ1hYRG5TZGtraGttMjF3Yl9vQ2lzckxka0FhMnhwajZONF9ReDA2amVpdmhJLTltTnF5bnVvaXJrMUtoZzNHb29DR3BBNmFleHBlMWJua0ZwSUhXUFJRdVZDY0VZVTc1aVQxZ090Qy1EVURvdTk2R29pZlJxeW9GNVdsMGhZMlRYZndna2R5SlVDdkFTWm50bkFqUm9ZeG1QUXhPeGZwTVloTFliTzRrWXpUTnpIaHRjcXNxaWIta3NDZ3BUb1dsb3BHMGRYa251NFV3?oc=5) · CUInsight
- 2026-04-08 [Robbery under investigation at Ascend Federal Credit Union - WZTV](https://news.google.com/rss/articles/CBMikAFBVV95cUxQT3lkMEdac0FYeWVnZjVueXFWQ2xOUm1WZU1ZOGFqT3JacHFFRW5WQ0M3MGUzTnVRZFRwMHFIMUtOcU01YUl3d2JVQVhZRHBQbjNGRmdWXzl0Z3VacXY4c2ZwVDNJeElmMVpIdk1ZWnB0d1B4bmtzSlhuTkY2dWtWdEY0VXNJOVZXWHlZUGVydlY?oc=5) · WZTV
- 2026-04-08 [Murfreesboro Police looking for suspects who assaulted guard while robbing credit union - WSMV](https://news.google.com/rss/articles/CBMitwFBVV95cUxOMkpRSFFTeVRXSy11WTU5YzhwSnpPcWZGN1dZSk53SUI2SVBqa1RnUnJxY0tkU2t3cUU3cHRvWmd1aHYtbFM4aHlMMnFTVnhRZnFWMUU0QUNsU1RMUlRVZE5SaHIxS2pXdjJLYlBhZWUtcjl1a29mUTZkM1lONk5VYmVpM1pxWXNTMjd0aV9pRFpqV2hSVmxTQXZEc3NOaUh4OEtNSThUTHcyTl9MaEJUaGhyS1hBVzg?oc=5) · WSMV
- 2026-04-08 [Robbery at credit union in Murfreesboro under investigation - News Channel 5 Nashville](https://news.google.com/rss/articles/CBMixgFBVV95cUxNcVpQYUtSbUVNVVFDZElsVjc5LUxsTWcyd2RyUDFnbmtXQTVqYktKUk9LYmtMOHRQS0M2b3RENVgxTEx6X0dNcHp0LU8yQXlCTXZSZUpRSTdoaXR1bkR5SC1lTHctUGNieUIxNTNoSDNFUGxfZ0N6bnJZNk1KcTFSMjdZaTZ4cUJIRy1ISlpEN3M0WjJ5YjNfTFB3aTlfWlV6MTJGSHEzMWtyQmFrYmp6TXMxQ2NFUkItU1ZEbVczd2c5QnF5SVE?oc=5) · News Channel 5 Nashville
- 2026-06-10 [Best Certificates of Deposit (CDs) in Tennessee for 2026 - moneyrates.com](https://news.google.com/rss/articles/CBMiaEFVX3lxTE9YRE4yYmstNmRTSzAtVVZtdnZJVGZRXzFSMmp5NV9yTGFoS0o4ZmgweE9udlVIZ1Y4LWE4LTdiRmhHUVpxZnk1SW04LWdQZHQ0dnhtR21YaDJJb3FkYnhpWV9wallmQmdX?oc=5) · moneyrates.com
- 2026-04-08 [Robbery Under Investigation at Ascend Federal Credit Union - Rutherford Source](https://news.google.com/rss/articles/CBMikgFBVV95cUxQZmxqUUZnT3pTNmZoYV9KbWZDQ3R2LVh4SkRTdzRKdUYtb0VLUzZGc2NsOWFvci1VTnBpeHRsanNvVGZDUWt4MDFYWTBDdGVCSHhNZlZXRXNOY01LaUxSbVBYeGRWUmJMY0o3ekhmekl5UzN1NGtZS2tXMkFxUDA5NlVTY0JGSlhsaG9kdWFkQmpMUQ?oc=5) · Rutherford Source
- 2026-04-16 [1 arrested, 1 sought following robbery outside Murfreesboro credit union - WKRN News 2](https://news.google.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?oc=5) · WKRN News 2
- 2026-01-20 [Ascend Federal Credit Union donates $55,000 and over 13,000 food items to Second Harvest Food Bank of Middle Tennessee - CUInsight](https://news.google.com/rss/articles/CBMi7AFBVV95cUxPb0RzNTBPQ1FJVmtYRVJ0eE5qZGpEQUZTakVJRk9OQkhERkZEMUdWYW5DREJDX3NoRUtRT3hua283MklJWTRQMExzTkpGZy1FYTZzRmRsVVlkcFZxMzFNVm5KWUtaLS01Tk9Tc1cwMllpSHRkbDRVSU1SbG1fWU0xWEJpVFJGN1A0YWRfOXBNU3JDZUxWX1lTX09Ba3FUUUNDVVozampTaHRMdjE2OXFKRDZLZ2NDUkFwSkd4V2J6RXpCMTBNcUszajdTalljdjA4cUFBNllWV2FNM1pCb0JWNl8wT2RlSndhdElHQQ?oc=5) · CUInsight

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=7397 (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/37.json (key "7397", 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=7397
- 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