# APL
Laurel, MD · NCUA charter 9475 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/apl-9475

Who the members are: federal charter, community charter, organized 1954. 31,150 members of 339,183 potential (9.2% of the field); checking penetration 74% (share draft accounts per 100 members); loans per 100 members 69.

**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 | $709.5M |
| Members | 31,150 (1.7% YoY) |
| Full-time staff | 58 |
| Net worth | $79.8M |
| Net worth ratio | 11.3% (p62 of band) |
| ROA (annualized) | 0.38% (p26 of band) |
| Total delinquency | 0.49% (p39 of band) |
| Net charge-offs (annualized) | 0.14% (p14 of band) |
| Loans / shares | 74% (p31 of band) |
| Cash / assets | 7.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.72% (p11 of band) |
| Operating expense / assets | 2.42% (p10 of band) |
| Vehicles % of loans | 46% (p83 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p7 of band) |
| Vehicle delinquency | 0.49% (p42 of band) |
| Vehicle NCO | 0.21% (p13 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 51% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 2% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 55% |
| Certificates % of member funds | 30% |
| Average share balance | $9,639 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 69% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $21,725 |
| Loans granted, annualized | $174.1M |

## Flags firing in the latest filing

- none

## 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 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | delinquency rising |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 0 |  | delinquency rising |
| 2019-12 | 0 |  |  |
| 2020-03 | 3 | net worth falling, losing money, margin squeeze |  |
| 2020-06 | 2 |  | losing money |
| 2020-09 | 0 |  | net worth falling, margin squeeze |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | net worth falling |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 2 | margin squeeze |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 | losing money | margin squeeze |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 | delinquency rising | losing money |
| 2023-03 | 1 |  | net worth falling |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 0 |  | delinquency rising |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2020-08-26 [Maryland's APL Federal Credit Union looks out of state for next CEO - American Banker](https://news.google.com/rss/articles/CBMitgFBVV95cUxNQ2ZVWi0tdGJzemJkQmFERDZkU0VxNld3eDFfekkxdkFlV2IxeVVpQTVlbHRkaDI0RFJUakN1RndXbjZHYjNGc3B4a00wbHE3ZlhnRkZLX1p0UTdJN3NoSHhnb3JIamRKMFV0TE1HMGFiMlc1dnRHTkpQaHllMndXb1YtdXlmQzZxLWtxOThQdE5HRDlvYWppZ3NxQUtpSnBJTllXaGdJODdCcnRLMERoTldxT18tZw?oc=5) · American Banker
- 2020-07-30 [Talking dog unleashes new credit union ad campaign - CUInsight](https://news.google.com/rss/articles/CBMilgFBVV95cUxQaDllcGNheHpKakx1eHJXUU1vV3dyVmJodW9GOVctdGI1ZExZOVdlaE5SdWN3QnlpVmdQam84Z2d2QmM4SXBFdHF2aXFsVUV2aGZUU2RnN2EwZllBTk04eTFtZVlZaDQ2eTZGNUVTcmluaS12c0JybEwwUTJubVZDUVRUOGJGb3IyQ2xnZHU5eV9UM1F2Z2c?oc=5) · CUInsight
- 2019-08-12 [Zia Credit Union Names New CEO - cutoday.info](https://news.google.com/rss/articles/CBMidkFVX3lxTE9WOW55Ti15bDF2YnBTd1llRURtOWtNbDAwUElKc0czU3V3UnRiRnV5Z1BRUnRUUTlOQkZURnVVb0FJYl9Ta1FqNlM4eGxIWGo0dVNWY2dCbFJYeWdTX0tvanQtUDNpcHJzYzFrUm1vY0c0V0ZZd3c?oc=5) · cutoday.info
- 2021-09-12 [Obituary for Philip K. Albert, Sr. - harrywitzkefuneralhome.com](https://news.google.com/rss/articles/CBMicEFVX3lxTE9yVFl3QW8zSHVzX0xTa1VCRkhMODR5czUwZ1ZBYWlySEhUNFpmTTRKeW1fNjZPOFlRYS1kTkVpWUpxV3IxeTd5YkR3RzdPeVBHX283UnkwWklsOFp0c3dDWmFLMkVxUEJLUEVmU1l4MUI?oc=5) · harrywitzkefuneralhome.com
- 2025-09-07 [Norman Charles Dyer Obituary Sep 7, 2025 - Donaldson Funeral Home of Clarksville, P.A.](https://news.google.com/rss/articles/CBMia0FVX3lxTFBXcVFpTlVJTG14T1RIRzI5b2E1VWU0eGtGdHR0dndCYlcxci1nWWdhckNCSEMzS0d4V0FRNUF4UnBVZ3hPMkJUd1g5NUIxU2gxcmd3YzdkaFJkYWE4d0tZMmNIV2dZdjBWc3JJ?oc=5) · Donaldson Funeral Home of Clarksville, P.A.
- 2019-08-12 [Zia Credit Union names Dwayne Herrera as CEO - CUInsight](https://news.google.com/rss/articles/CBMijgFBVV95cUxNbGc1U25SNGZGeEd3NGxldVBvZlRrOEV4dFh4WEtTcGJZNDYySy04cWsxbTJ0cW9pZmFFQk03Y0h2YVdYRnlEU0dRdGVjTWdOZFR3LTRockhmNzhqNGFuMlZkLVpuMk9URTlmQjJmX1psMkctS1o1ekZac1l5LVJ3MVdxVmVadlV4dHNvRWp3?oc=5) · CUInsight
- 2020-08-26 [Zia Credit Union finds next CEO - American Banker](https://news.google.com/rss/articles/CBMihwFBVV95cUxPZURpUEFGVjNxVm9iWC0yMzBXZHUwZ1p0MUJlcnpobHJqdGxhZGxCU3hOeDlZUXI1a1ppVk1GSTFJaGRTX1k3VGlPQm5LelozUmJNS1hqQzZGRVV2OHlDNUJuNFR6WUpLNndraFZxVFZoVkxBQzlSNzVaVXJUSW11dlQ5YWJ3cFE?oc=5) · American Banker
- 2023-09-27 [Leadership Howard County Introduces New Leadership Premier Class Members - Patch](https://news.google.com/rss/articles/CBMikwFBVV95cUxNZmZackU5cGd2Um9lbEN6OFpGSkZ1eXNFUUtkNldCbWo5TktGRmJUbmFFb1c2aFFSR25UeXRxM1E3c1V0a3RhSDduckEzZG5hT0k1V2dHMTA2TGtjNjlLUEJPenRzNGpDaWgwZTRURWdaVDM4eUlFeGtEQjJ0ZHBpT1JGWkVMZ0IwNVNVMHB1UzZRQUk?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9475 (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/3.json (key "9475", 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=9475
- 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