# CATHOLIC VANTAGE FINANCIAL
LIVONIA, MI · NCUA charter 8384 · asset band $50-100M · latest filing 2019-12 · stopped filing after 2019-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/catholic-vantage-financial-8384

Who the members are: federal charter, multiple common bond, organized 1953, low-income designated. 10,678 members of 1,326,066 potential (0.8% of the field); checking penetration 37% (share draft accounts per 100 members); loans per 100 members 52.

**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 | $99.8M |
| Members | 10,678 (11.2% YoY) |
| Full-time staff | 29 |
| Net worth | $8.4M |
| Net worth ratio | 8.4% (p9 of band) |
| ROA (annualized) | 0.82% (p68 of band) |
| Total delinquency | 0.77% (p57 of band) |
| Net charge-offs (annualized) | 0.66% (p77 of band) |
| Loans / shares | 87% (p83 of band) |
| Cash / assets | 7.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.61% (p69 of band) |
| Operating expense / assets | 3.67% (p49 of band) |
| Vehicles % of loans | 38% (p40 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 208% |
| Third-party paper % of net worth | 733% (p100 of band) |
| Vehicle delinquency | 1.21% (p77 of band) |
| Vehicle NCO | 1.17% (p87 of band) |
| Repossessed % of vehicle book | 0.00% (p36 of band) |
| Real estate % of loans | 40% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 97% |
| Core shares % of member funds | 70% |
| Certificates % of member funds | 6% |
| Average share balance | $5,642 |
| Participations bought / yr | $1.3M |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 52% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $14,302 |
| Loans granted, annualized | $35.3M |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, 3rd-party paper>100% NW |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | net worth falling |  |
| 2017-06 | 2 |  | net worth falling |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | delinquency 2x band |  |
| 2018-03 | 7 | net worth falling, losing money, delinquency rising, charge-offs p90 |  |
| 2018-06 | 8 | loans>95% of shares, leaning on borrowings | delinquency rising |
| 2018-09 | 5 |  | net worth falling, loans>95% of shares, leaning on borrowings |
| 2018-12 | 4 |  | delinquency 2x band |
| 2019-03 | 2 |  | losing money, charge-offs p90 |
| 2019-06 | 3 | assets shrinking |  |
| 2019-09 | 2 |  | assets shrinking |
| 2019-12 | 2 |  |  |

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

- 2025-03-06 [Christian Financial Credit Union and Catholic Vantage Financial Approach Final Step to Merge - Detroit Regional Chamber](https://news.google.com/rss/articles/CBMiwgFBVV95cUxOWV82N0xKT1E5TEFtN2ZXLTNscXZmbmduOGRER2VNclprNk9XY0N2dDh0LVZEcGFsaFczLWpsYTRCZHAtNUJmWTFkUkY2Qkk0SEFPemFma0RpbTlBd0NSSFRpdk14YlZ0S1pRLUxmZ0U5Tm1wcTEwZlpPU2dnUEkzR05ZYkZFbHRESVdBU1daYkVTdmNoc0JncHZDcWtRTHlFUndpUVRwQnVvZWtLUUstakhrWFYxY0t0R1dwYVo3VkZQUQ?oc=5) · Detroit Regional Chamber
- 2025-03-12 [Christian Financial Credit Union and Catholic Vantage Financial set to merge - Macomb Daily](https://news.google.com/rss/articles/CBMitwFBVV95cUxPekVVdzJGX3VtWmpzdTRkZ2k5Mk5UZlFoVzh4dmg3c3hPV2h3ZDVMVlpla2gxc1pZZXFNQXRfeFk0V3pmMjJFOW1XQjh2eVN0aEFDNnlERVFwOHBKNnlyYlM5OVBUVzR4UHRYeTFCMVRHRTJJR1ZkZXpGWFlhWUxVbDdZMGNYNUVlbHJGWTh2ZXhFVXU1Y2Zua2FpTlVadWQ4bDAtS2dPcUc5enlMQzFqNmwzSllmMTA?oc=5) · Macomb Daily
- 2022-03-17 [Eric Rothert joins Catholic Vantage Financial as vice president of marketing - CUInsight](https://news.google.com/rss/articles/CBMiuAFBVV95cUxOZWpEYkY1a3dvcU1BcTByYkZwT2pKWms4R09RcE5ES1BpUTVRZkp1REprSnphVFlKSEJGT2JBN1l6d0JreGxrOHJDenV6NWM3aXJJME1rdXBlXzdSTno0T1hFX1lhYU1TS3NoRnAydFRjR3VMbTJFUXI2YU1zU1BscVNzQVpQeDYtSGhXY1BoYWgtQnRRalJfTWRnbFFMeDJ1VU9fT2l3STBvTzZYWHZWMkg1WnZveXd3?oc=5) · CUInsight
- 2017-02-27 [Catholic Vantage Financial Expands Services - Patch](https://news.google.com/rss/articles/CBMihgFBVV95cUxOTDJxTE1KWFBjRnY2OWg3RWhIWC1hR1hISzVFSVlxSENiV0NvWWNVR3BXVTRSenpoTkxlT1pmN3E4OEJzU3BRVjBJNzdUU2ppMlBLOHBTdGlYNm1XUjJCaGRYVEs3SVk5UlVPWEhPM01JZE1pRlJYelhxLWZYbFNYQnpINVM5Zw?oc=5) · Patch
- 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
- 2022-09-13 [Ronald R. Ingram Obituary - Livonia, MI - Dignity Memorial](https://news.google.com/rss/articles/CBMihAFBVV95cUxOLWRvMHJyYm9mYVhtU2U0OTlDRkdwQ19kOG9JeE5vbGRiRGZCX0hkQWxVbEk0WjZQdk5iWUd0dFZpVExTLVBEOGc4Z3dsVkVRN29nd1ZLWW1hRjZWdkNhT3FQbTlFRGJ3MUU2LUtMbjZPdE1KNVdMeS1odDZVQVlXajEwb2c?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8384 (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/0.json (key "8384", 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=8384
- 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