# NEIGHBORS
BATON ROUGE, LA · NCUA charter 9229 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/neighbors-9229

Who the members are: federal charter, community charter, organized 1954, low-income designated. 81,290 members of 880,000 potential (9.2% of the field); checking penetration 68% (share draft accounts per 100 members); loans per 100 members 66.

**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 | $1.40B |
| Members | 81,290 (-0.6% YoY) |
| Full-time staff | 231 |
| Net worth | $154.9M |
| Net worth ratio | 11.1% (p58 of band) |
| ROA (annualized) | 0.29% (p15 of band) |
| Total delinquency | 1.21% (p88 of band) |
| Net charge-offs (annualized) | 0.92% (p81 of band) |
| Loans / shares | 94% (p76 of band) |
| Cash / assets | 5.7% |
| Borrowings / assets | 3.96% |
| Net interest margin | 3.06% (p34 of band) |
| Operating expense / assets | 4.02% (p86 of band) |
| Vehicles % of loans | 50% (p88 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 73% |
| Third-party paper % of net worth | 296% (p84 of band) |
| Vehicle delinquency | 0.80% (p68 of band) |
| Vehicle NCO | 0.60% (p25 of band) |
| Repossessed % of vehicle book | 0.12% (p64 of band) |
| Real estate % of loans | 28% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 36% |
| Core shares % of member funds | 51% |
| Certificates % of member funds | 30% |
| Average share balance | $6,113 |
| Participations bought / yr | $329.2M |
| Participations sold / yr | $0 |
| Participations outstanding | $300.2M |
| Loans outstanding per 100 members | 66% |
| Loans granted per 100 members, annualized | 27% |
| Average loan balance | $21,582 |
| Loans granted, annualized | $727.4M |

## Participation posture (from the same filings)

Bought $329.2M and sold $0 in the latest annualized quarter; $300.2M outstanding purchased (193.8% of net worth), $7.2M sold and retained. Sold in 5 and bought in 8 of the last 8 quarters. Shares 4.0% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 4 | members leaving |  |
| 2017-12 | 4 | loans>95% of shares | auto monoline |
| 2018-03 | 2 |  | members leaving, loans>95% of shares |
| 2018-06 | 3 | loans>95% of shares |  |
| 2018-09 | 2 |  | thin capital |
| 2018-12 | 1 |  | loans>95% of shares |
| 2019-03 | 2 | thin capital |  |
| 2019-06 | 4 | net worth falling, delinquency rising |  |
| 2019-09 | 2 |  | net worth falling, delinquency rising |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 5 | net worth falling, expense trap, delinquency 2x band |  |
| 2020-09 | 3 |  | net worth falling, expense trap |
| 2020-12 | 2 |  | thin capital |
| 2021-03 | 3 | thin capital |  |
| 2021-06 | 2 |  | thin capital |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | expense trap |  |
| 2022-06 | 3 | leaning on borrowings | expense trap |
| 2022-09 | 2 |  | leaning on borrowings |
| 2022-12 | 3 | expense trap |  |
| 2023-03 | 3 |  |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 3 | leaning on borrowings | expense trap |
| 2023-12 | 4 | delinquency rising |  |
| 2024-03 | 6 | losing money, charge-offs p90 |  |
| 2024-06 | 4 |  | delinquency rising, losing money |
| 2024-09 | 5 | losing money |  |
| 2024-12 | 7 | net worth falling, loans>95% of shares |  |
| 2025-03 | 4 |  | leaning on borrowings, losing money, loans>95% of shares |
| 2025-06 | 3 |  | net worth falling |
| 2025-09 | 4 | loans>95% of shares |  |
| 2025-12 | 3 |  | loans>95% of shares |
| 2026-03 | 2 | net worth falling | delinquency 2x band, charge-offs p90 |

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

- 2026-08-24 [New chief financial officer named at Neighbors Federal Credit Union - Yahoo](https://news.google.com/rss/articles/CBMilAFBVV95cUxOUU9obHpWSTd3VnFOUXBYenJRR2YzYTVERmo4WGs4T1RhcnZ6N0RBVGRyX2JrekU5dTZubU5iWFczUlh5MTg4NWdxc21PTFQ4Nk9rcHE0SnV0YlJlcGplMDZhYmJwWjN5dXJtOEhROHZWX0w0QlNOajBsbUFQM1V5QVBRR3FITndfRmJCdXlqSUtEMGJu?oc=5) · Yahoo
- 2026-01-15 [Baton Rouge man charged in $158,000 credit union fraud scheme - WAFB](https://news.google.com/rss/articles/CBMikwFBVV95cUxOeWViY19jWHJtNDBleWNEQmxZTFR3UU1sZ05Za2FnLU5Yd2hjNl9ZaW85N19rVnJTaVhoSVRXdS1aMW1EcVlPZ3ZwVjVROVdScDI2STFSaG9WYnhnaGQxbzhPVEtVRVNFeTZ0WW1KendaM0FJZXU0OHY2Z2NwMDFpRzJCeXZyZHlwTmo3MEpIeWs5ZDjSAacBQVVfeXFMTzFmQU1LZXd6dkQ5cGRjRGkwSjlPeVFiLVF5bFVwa0c2aDZHSTZGdFRfNEdSUXhjSGVXOUxCcFV2RFJ0RGpiMTRydmg3dXRzM05Qb0o4UDJDRE9MMXRfMV9GWFkwY2JkTEs0dE5rRm9jOHpva28zN29aaG44dWdsa2tnUDRkN0dFTm1yc011QVhQT1kyWGJBRDlmWHljUUE3a2RLZmxxZDA?oc=5) · WAFB
- 2025-10-21 [Two arrested, one still wanted in scheme to steal more than $150K from Neighbors Credit Union - WBRZ](https://news.google.com/rss/articles/CBMiugFBVV95cUxON2ktZlFuSm80QWFBQWplbmNLaDNTNjhRWjB0RjBLb1RFeFpkMVNVbWoyTVJFRl96clNiZTMtcHhKaDZ4cnFSNy04a0oxaTV1dTQxcEstMjU5VjF2eFJiTEpVSFNHMW5jNjRfSmVIQkpEd0JzTXhIWnprREdiOXB2MU9sUXRKeWZYTmZVUGk5Y25kSm9zUlBzbHJJTVFqOFJyZ2Flc1g4dFc2TEQtTjJTOEFmWGxOU3lQZEE?oc=5) · WBRZ
- 2024-04-03 [Neighbors Federal Credit Union: A 70-year legacy of service and supporting education - Baton Rouge Business Report](https://news.google.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?oc=5) · Baton Rouge Business Report
- 2025-08-21 [Baton Rouge's largest credit union taps a new leader to replace retiring CEO - theadvocate.com](https://news.google.com/rss/articles/CBMi6AFBVV95cUxPeVdqSjJlSlBBbWNVTUdEbnIyLWhmc0tzd25IU0NPeThoNTU0U0tLZ1VTa1lOSEJ6dW1Rc3pUNzlyeWVzOEw3bnVuM3hLcjRrVG44MlRtU1pXb0tKSGJZM21VbDhYejFZeDNCTlhVZlN5akFyRVpWVEVNWFMwc2FUQ0RkY0tXaXBuREN4d2xiZWQwVml5ekk2QVM5ZDdQNmk2Tm90QkstOEZxRW5GVFRNMGtwNVI3b2tPTC00UjdkcXRwWkJXNFdfakhxQV9DWjROY1BGaDJQOWxHQ2JoaWVjXzFlN1BUWFBJ?oc=5) · theadvocate.com
- 2022-04-13 [Neighbors FCU names Tanya Lawrence Chief Operating Officer - CUInsight](https://news.google.com/rss/articles/CBMioAFBVV95cUxQRDBQTXpubGhPTGZtamhFY3d2VXRJYU9CdUFha25Zb1VuMW5LYzZLa2ZMeE9OaDdhYWF6MFpPMWlGRzNjT05OQUttUkhhQlhyZzFNSGt6cW5iSnhmTjVfZFdGWDJuR2lieEFjRTBPWjFYeEIxZ0RPNk1lcjh4aEQ0RFlMN3lYVVZua2VHTTR5blR0NEE0SE5XRDgxbTk3T25j?oc=5) · CUInsight
- 2023-02-12 [Louisiana Credit Union League names board members - NOLA.com](https://news.google.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?oc=5) · NOLA.com
- 2025-10-21 [Baton Rouge man faces more charges of bank fraud, arrested in Iberville Parish - Unfiltered with Kiran](https://news.google.com/rss/articles/CBMioAFBVV95cUxNUDRKUHpFdnh6S05kc21iV19xSnAzWVJiajFDbU9SQlJxTG0yaVgydnJmbFBfcXNTMzNNVFRyekh0VDJEVmVxVWRMVXp0RFk0S25GcEdRTEQ0anhLQWUxSXZOWEc0WXVveWZsNTJoS0t6eDJvT0JNdUtXTUZJV2wzYm5xeWdVcmRGaEJLUjZOaHZYVTB4c3VDMlIyeEtzZENv?oc=5) · Unfiltered with Kiran

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9229 (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/13.json (key "9229", 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=9229
- 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