# AWAKON
ONAWAY, MI · NCUA charter 7465 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/awakon-7465

Who the members are: federal charter, community charter, organized 1951, low-income designated. 14,830 members of 185,616 potential (8.0% of the field); checking penetration 212% (share draft accounts per 100 members); loans per 100 members 58.

**Verdict on the desk:** this could be *fortress*. 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 | $201.9M |
| Members | 14,830 (1.1% YoY) |
| Full-time staff | 54 |
| Net worth | $26.8M |
| Net worth ratio | 13.3% (p74 of band) |
| ROA (annualized) | 1.60% (p93 of band) |
| Total delinquency | 1.11% (p83 of band) |
| Net charge-offs (annualized) | 0.59% (p71 of band) |
| Loans / shares | 80% (p65 of band) |
| Cash / assets | 17.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.69% (p96 of band) |
| Operating expense / assets | 4.48% (p82 of band) |
| Vehicles % of loans | 30% (p44 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 24% |
| Third-party paper % of net worth | 46% (p39 of band) |
| Vehicle delinquency | 0.77% (p64 of band) |
| Vehicle NCO | 0.00% (p4 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 45% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 34% |
| Core shares % of member funds | 72% |
| Certificates % of member funds | 14% |
| Average share balance | $5,223 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $5.6M |
| Loans outstanding per 100 members | 58% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $15,932 |
| Loans granted, annualized | $51.6M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $5.6M outstanding purchased (20.7% of net worth), $0 sold and retained. Sold in 0 and bought in 5 of the last 8 quarters. Shares 5.4% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)

## 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 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | delinquency 2x band |  |
| 2018-09 | 2 | delinquency rising |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 |  | delinquency rising |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 | net worth falling | delinquency 2x band |
| 2020-09 | 2 | margin squeeze |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 3 | thin capital |  |
| 2021-09 | 2 |  | net worth falling |
| 2021-12 | 1 |  | thin capital |
| 2022-03 | 1 | delinquency rising | margin squeeze |
| 2022-06 | 1 |  |  |
| 2022-09 | 0 |  | delinquency rising |
| 2022-12 | 1 | 3rd-party paper>100% NW |  |
| 2023-03 | 2 | delinquency rising |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | delinquency 2x band |  |
| 2024-03 | 2 |  | 3rd-party paper>100% NW |
| 2024-06 | 0 |  | delinquency rising, delinquency 2x band |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | delinquency rising |  |

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

- 2026-06-12 [Awakon Federal Credit Union wins award for community support - 9and10News.com](https://news.google.com/rss/articles/CBMioAFBVV95cUxNNDF2TE9lcXVxZ0dNRWpqNnMxOWxuUU5RcDd1T2t5WW52V2tfVzdVT3pFd0dNUzdIUDFGb2V4MHBkS0p5a0J5Q2NjbEF6TXlvejZ5QnZzejc2Wm5lV2x3YU9kSDFWenRzUTFqY3BwbUxVLWgtZlplcGhQQ3Y5azZQMkJaTXdnZ05lUHI4dTU0a3ROaE5SZGw5VmprYURpS3BU?oc=5) · 9and10News.com
- 2019-01-16 [Michigan credit unions, agencies step up to aid federal workers - Detroit Free Press](https://news.google.com/rss/articles/CBMitgFBVV95cUxNY0NQeHFQLXp4VTd3V1VEZWdiRXgyRmF1OGJQUTM5N21MYXM3TnBWdkc3djJ0V2l0QjZaSnU2a2FacUUwYlBxN1hfa1R2czUwaFdwRWJzSjRBUGhfREJ6bUlpcDV5d2NRYzRnenFUU3ZRelNOcThRS0FzRm95LXdrNW56cXVtOWNfZlkwZkdoZXM3UEJieWZzaTNTZlZ5UDJadS1la0VTRzdmeHlPMUpLNFY1TEtGUQ?oc=5) · Detroit Free Press
- 2020-07-22 [Calcite Credit Union teams up to give $10K back to community - - thealpenanews.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxNTGphMnNtbWFfNTU1dWRnZWY4dGZSNWk4cXRLRUpkSXVrdHlXNDJtaWNaMTZ0MjJDbDNwM2IwaVo0X3V3NWpsWndRbkVpVVRkYW5LOWhvQ0VsazdRNVY4VGpvc3FZQ05IczNQLUVOcE8xdjBtTDVXTXhBNUZBMjR4Tl9fYURLeGZUX3pVUktTcEFmcW15Y2tMT2h4WWJwOTBJU3Y3SXNB?oc=5) · thealpenanews.com
- 2022-02-26 [Chamber presents annual Awards Banquet at Treetops - Petoskey News-Review](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQbHJKS3RubU01TWEyTTZ3R1Q4aDVnNUJhMHh2N1hsY04wdVJpMkNodTVnZFNsX2Y1RTJjai1nMG1uQ0VaZUVLdk9RdVJxZmNkNmxGUktvOHowalNKb1hhVmlHUlBJcEs3Vl9WczFMLWI4X2hkdmc5UGVvcC1WdXFYaGF4QTg4OE14UXFqUmlIdERnX3NPQXhRbVk4VmRIaU9RbzB2NTFqUDRkVXotRUwxbFNlcUMzYXJ1TmxweXp3d3V3Zw?oc=5) · Petoskey News-Review
- 2019-01-24 [Rallying around the Coast Guard - Cheboygan Daily Tribune](https://news.google.com/rss/articles/CBMilgFBVV95cUxORmxTb211SG16aThJLXFuYVRhOEpOcVZJS3YwQ244VW5OcUtrLUlHQ0hOaUhGZklJMkxxQWM0Snp1bGdEOFExei1MVjkxb1J5QXZQODlYS2NSRVoxdjNaZFhxT3d3VDNSbWg4UEVyeW81WDlxZmFDbkRUOHR6WjFucTF5el9IUU5HYXJjRm5vREVoVzhmTWc?oc=5) · Cheboygan Daily Tribune
- 2022-10-21 [Local banking institution to close Rogers City branch Jan. 13 - Presque Isle County Advance](https://news.google.com/rss/articles/CBMilgFBVV95cUxPenFHdnpTbG10WTFhWVFFdnE0cFc0Z2pvaEs0Mmc1RGRVdXZhSUlocE50TmRuOHVPYmlzVWQyV3prZUZXdExSQkpwdVVuMWdUY1dkTE1DZ3JrOFBMQ1dLT0k0NV9GVnlXNjBDTDhQRDVmZ1VvclppaTdFY0p6Yk85T000RUZiSFRUazRsb215RC1GUzZPNGc?oc=5) · Presque Isle County Advance
- 2016-05-31 [ShopTalk - Petoskey News-Review](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQWFk2OHVUWFZ6RURBa3B5RG9qWVQtdnIxNDVidWpLX1V5RU1odHlMMjJXa0FwV3ZJMU1tRTkyR2FMdFVMTzlzNF95a3Z4cXM0UWtteGRtZE9XM3RmZHpwajJBWGlNbFY3Tk9NUE1TVUdIRzdJeW1VTk9ZUG8yUzV5ZFZVYXJ6aHR6UGF3?oc=5) · Petoskey News-Review
- 2025-01-09 [County board reorganizes with four new commissioners - Presque Isle County Advance](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPajBtT0d4ZWp2aGdESHhpZWJYaFUwN0FaMmUybWdLN3FHVS00VW03RlpVZ2d2dFRRUEozSmdQWlQwRHVLanctang2T0NEOHFjcGRlX0RHemhmdkRCNzd5NHl6b2pUNGJNWVNXRDZtS2VvWXVWVENsbElWRzlmY1h6ZThmQ2NsNGowSDhr?oc=5) · Presque Isle County Advance

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=7465 (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/41.json (key "7465", 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=7465
- 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