# CLASS ACT
Louisville, KY · NCUA charter 9106 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/class-act-9106

Who the members are: federal charter, multiple common bond, organized 1954, low-income designated. 23,195 members of 203,830 potential (11.4% of the field); checking penetration 76% (share draft accounts per 100 members); loans per 100 members 89.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $352.3M |
| Members | 23,195 (3.9% YoY) |
| Full-time staff | 78 |
| Net worth | $38.9M |
| Net worth ratio | 11.1% (p48 of band) |
| ROA (annualized) | 1.31% (p85 of band) |
| Total delinquency | 0.40% (p30 of band) |
| Net charge-offs (annualized) | 0.82% (p84 of band) |
| Loans / shares | 76% (p55 of band) |
| Cash / assets | 18.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.99% (p77 of band) |
| Operating expense / assets | 3.74% (p52 of band) |
| Vehicles % of loans | 37% (p59 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 7% |
| Third-party paper % of net worth | 42% (p38 of band) |
| Vehicle delinquency | 0.49% (p44 of band) |
| Vehicle NCO | 1.47% (p83 of band) |
| Repossessed % of vehicle book | 0.09% (p70 of band) |
| Real estate % of loans | 46% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 51% |
| Certificates % of member funds | 23% |
| Average share balance | $6,087 |
| Participations bought / yr | $1.1M |
| Participations sold / yr | $50,400 |
| Participations outstanding | $15.4M |
| Loans outstanding per 100 members | 89% |
| Loans granted per 100 members, annualized | 20% |
| Average loan balance | $11,451 |
| Loans granted, annualized | $61.8M |

## Participation posture (from the same filings)

Bought $1.1M and sold $50,400 in the latest annualized quarter; $15.4M outstanding purchased (39.5% of net worth), $387,659 sold and retained. Sold in 8 and bought in 8 of the last 8 quarters. Shares 5.5% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | losing money |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | losing money |
| 2017-03 | 0 |  |  |
| 2017-06 | 2 | net worth falling, delinquency rising |  |
| 2017-09 | 0 |  | net worth falling, delinquency rising |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | delinquency rising |  |
| 2018-06 | 1 | net worth falling | delinquency rising |
| 2018-09 | 0 |  | net worth falling |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 2 | net worth falling, margin squeeze |  |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 1 |  |  |
| 2021-03 | 3 | thin capital, net worth falling |  |
| 2021-06 | 1 |  | margin squeeze, net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 2 | net worth falling |  |
| 2022-09 | 1 | delinquency rising | thin capital, net worth falling |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 2 | assets shrinking |  |
| 2023-09 | 1 |  | delinquency rising |
| 2023-12 | 0 |  | assets shrinking |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 1 | delinquency rising |  |
| 2025-06 | 1 | net worth falling | delinquency rising |
| 2025-09 | 1 | delinquency rising | net worth falling |
| 2025-12 | 0 |  | delinquency rising |
| 2026-03 | 0 |  |  |

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

- 2026-04-17 [UofL, JCPS expand Louisville Teacher Residency program - UofLNews](https://news.google.com/rss/articles/CBMijgFBVV95cUxOM0J1WkIxNGZlYU5mckFKdlRZdGEtMzQwbmliVzdjN3pSaDItVEdDRmdiU2ptTm1NbVVLMG1VQzU5TlZLY25jYmNnejVrNU9tTzJWcjY5NVBjTG0xTU1fTWdPMmJjU3JMVXpPMlFyLTFLX3lTdm5mWmk4M0hiM3NyTjJXMEY2Q3VMT0pDWGl3?oc=5) · UofLNews
- 2025-10-08 [Lynn Huether Obituary - Louisville, KY - Dignity Memorial](https://news.google.com/rss/articles/CBMihAFBVV95cUxNRndnREFvdmZJZ0lQTENwVnpmSlJkQXhfVlZONEZLVE1tYzNoSndSNm9UeEE5czlobjZITDQzSXhVeTNWX2tzUjZiV3ZGQ2NxMHQ4ZmZXS2NXTWxscHFucVowM0drc28wRk9rcTg5M1pYZElhRnZVbTliR0dNN204cXc4TXY?oc=5) · Dignity Memorial
- 2025-04-21 [Louisville schools provide career classes ‘for all,’ even students heading to college - Kentucky Lantern](https://news.google.com/rss/articles/CBMivwFBVV95cUxOWlk0UWZMREdSQ1ZDeTBKSDloaTk1S0FXUGxsUGk3bXZ3NFcwUWtNOFpYb3Q4c3R3TjhRUWJrUFZpVFJVVkVJYjlIVVdKV2wwWWdlRm90RW5mYUJhYUdBWl9UYlFWTHNmbmZoRDRVdUlyVHk2b2Z1MTVOc0lVc01KSGg0akpxc1hZOWgtVnRteDdsV1phQjQxVkk3VFVUbWo2bFg2UTZFc00xWUpFUzR1WTh3Y3hXcU1hbVRmUkdWbw?oc=5) · Kentucky Lantern
- 2017-05-31 [Class Act's Lynn Huether on why she's stuck with credit unions - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxPYzFqWXlRemdRdUgyX29KNkhxOUs5MDI5Wm9obS10VldyNTI4Z1h6VlFidlJiWlZKSXhwbWhwZF8yQTFLWmVMUEdscWJKa0VMUnF0SGEyd2paMDJGVVJ2UWM1Q0hDTEh0ZUVYa1htczhod1YzN2ZTZ2xiOERoUG9ITlhiRFJSWHVTajl0ckhxVGtCdE1PVkpqWDAwZzVqbVNhdTVDM05qcmxzc2hTc3c?oc=5) · The Business Journals
- 2025-05-13 [Patrick "Pat" Louis Curran Obituary May 13, 2025 - Newcomer Kentuckiana](https://news.google.com/rss/articles/CBMic0FVX3lxTE53ZVNJV3NneTBKS2JYZlFBWlRuSmZIQWRTWjNrQTU3ZE0yU194bkpIZ29Xay1tRDgxTmM2ZGlNT2JvRlBqRElFaEZNZEc4R0pPdVJtOEtpNWVxdnAzc21hT2tiMkw0akMyLUI0MExJWEEtZ0k?oc=5) · Newcomer Kentuckiana
- 2014-09-12 [Class Act Federal Credit Union: It's a balancing act to keep up with technology - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxNMmphWEZLYmIxS0NaeUVvOFZFWEhJV0RxWUFjb0VOYWFCbkN3WHhzOXVkSUY0Q09MSk1CTGEyOGsxb3d1ZHdDOXBUU2JQblN2NU9DZDdDZUN6a1YxWmZybm9EMllmV0FvUDVMay1TOUpobnFBY01oeTVmSHNndDFIWlF5bmZPTHE1ZHNISDBwNW45R2wxRTBYV3BwbWVLLVc1NndRcVV1LXFBREU?oc=5) · The Business Journals
- 2025-05-15 [Patrick "Pat" Louis Curran - legacy.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPdFRSTnEyclBUY2tmUklEREc0YzRFNHQzenVOVEI4NUJQNWNubk5rb2tiejJWU3JYZ0ZCanpPTV9zckJGbS1xQ0xqcl9jR1BEa0NwR2RYRVNHVFBsaHJqOWxpeVFsYU53MEI4YnJjRVUyTHhjc29sN0QwSWNhRzJnT3h2d3VzSFZZ?oc=5) · legacy.com
- 2025-06-22 [ANNOUNCING: LBF's 2025 Corporate Philanthropist Awards honorees - Louisville Business First - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxOU2ZNWlY5VS1ZazNqWlUtVVBMSlFwWXFtVEt3TmlmOHowX1VuT0hCX3hoMGhPYndNMlFGUFRnMDNlZ2ZVdy0tN2J4a0g2aGttQzA2ZEI2bUJMLUV0V2VMelVKbnB6WnV6RXFxTC1pdy11Zm9QbTlJYjEtbGtwUUpDaEJaTE9SdjgxWlNQLUNDX01MRFVRU3Y1LVdzVU9oVlpCRy1CSlpSWHNZTGRJSllr?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9106 (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/18.json (key "9106", 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=9106
- 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