# GROW FINANCIAL
Tampa, FL · NCUA charter 9976 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/grow-financial-9976

Who the members are: federal charter, multiple common bond, organized 1955, low-income designated. 297,778 members of 5,665,823 potential (5.3% of the field); checking penetration 43% (share draft accounts per 100 members); loans per 100 members 43.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $3.94B |
| Members | 297,778 (4.3% YoY) |
| Full-time staff | 590 |
| Net worth | $429.1M |
| Net worth ratio | 10.9% (p55 of band) |
| ROA (annualized) | 0.38% (p21 of band) |
| Total delinquency | 0.37% (p23 of band) |
| Net charge-offs (annualized) | 0.93% (p82 of band) |
| Loans / shares | 91% (p65 of band) |
| Cash / assets | 7.8% |
| Borrowings / assets | 6.02% |
| Net interest margin | 3.59% (p69 of band) |
| Operating expense / assets | 3.34% (p58 of band) |
| Vehicles % of loans | 53% (p92 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 90% |
| Third-party paper % of net worth | 330% (p88 of band) |
| Vehicle delinquency | 0.41% (p30 of band) |
| Vehicle NCO | 1.69% (p79 of band) |
| Repossessed % of vehicle book | 0.19% (p81 of band) |
| Real estate % of loans | 35% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 44% |
| Core shares % of member funds | 36% |
| Certificates % of member funds | 25% |
| Average share balance | $5,970 |
| Participations bought / yr | $184.4M |
| Participations sold / yr | $181.9M |
| Participations outstanding | $384.6M |
| Loans outstanding per 100 members | 43% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $22,763 |
| Loans granted, annualized | $1.24B |

## Participation posture (from the same filings)

Bought $184.4M and sold $181.9M in the latest annualized quarter; $384.6M outstanding purchased (89.6% of net worth), $44.5M sold and retained. Sold in 8 and bought in 8 of the last 8 quarters. Shares 1.7% year over year.

## Flags firing in the latest filing

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

## Warning timeline

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

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

- 2026-06-22 [How Grow Financial Credit Union built a strategy around member experience - CUInsight](https://news.google.com/rss/articles/CBMiogFBVV95cUxQSTRDYnIxVWVjRUZlSzh0ZVZXelk2ZktGRVhCR29YMGgyWGJ1OHJKV2lSZVVIWEk5cXlaVFhZNVhiRWFxYUhoQ3RLQWgwQXVyOGN5cGNmRmxNNVJKTV8ySElieUNoc3hrUTlTRTdTcVdRV3JWZV82WWF5M2RmNVVQU0xVWkRqa3FiTkNTaUtIVl80RjhRaTVxRlI1bWJZM2VJVGc?oc=5) · CUInsight
- 2026-07-10 [Cultivating smart money habits: USF’s Grow Financial Literacy and Planning Clinic teaches financial management building blocks - University of South Florida](https://news.google.com/rss/articles/CBMivAFBVV95cUxQblBPbVJsMjhVaXc5ZDJEVk9OTVA4RG1hdVJkVjhSOU1lSkdQQjJPNTJJNHZkYVlwX3UyWXZHY1Fra1psUlNuWG1VREk3eXVKeWV1ajhISnkzbGE4djFjMk12MXVBVk1odVhXb0x6eENJNFlGdmtWRTRlY1h6UGE3SFFDSjVydlUzRUFET2NnZWtRNmNPVElBOXM3WU5wU0I1a0t2cXZXNkJQRGpERU52NzNLcTdoLXVNbDBWUA?oc=5) · University of South Florida
- 2026-03-29 [At Grow Financial, workers strive to strengthen their community - Tampa Bay Times](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPZVZvQTlsNmpjMzZsSTh4T1dqejFFZFBZT2kxMENZZFlPOWpkSDVSTGxzTld2X3B2ZE9DTGxaRjZYUnkxSkhpUDdIUFBSYl9BNGJMRm95ZDdvWi0wQUVydVpTR0owenJIci1ZTDdXaXMwQUdaTmVYbDViOVZTUC04aG5VNVprcXU5NjcwSW5HTS1KRkx4bm9nemFoLU02aFlEME5pb2trR09Lck0?oc=5) · Tampa Bay Times
- 2025-11-05 [USF and Grow Financial partner to create new clinic to empower financial literacy - University of South Florida](https://news.google.com/rss/articles/CBMisAFBVV95cUxNNWp3MmRONXJZS3R6NUhjWGlnUlpyX0VCbkw5UDJnVU5ZSWRnd3ZnVnkxNzZYdnBVWjFHckY0S0FTcGVBTGhTSW4xQjh0VUpOT09LVzVucXVKRUZOUUpDMUxZcXZlSkJQWGdlWVd0enVIZXpqbEY1dWc0clZCakE3ZTcwbE55T192c2gtLW1SUk0zQVY0a2didVlwd0s2cnVLUUJIZGozRDNTVDI5dTlZaQ?oc=5) · University of South Florida
- 2023-09-30 [Grow Financial Federal Credit Union Chooses Gasworx For New Ybor City Headquarters - Florida YIMBY](https://news.google.com/rss/articles/CBMivAFBVV95cUxQS2JhT1dfLWdoV2Znc2MzMTUyMmdVMGw5Yk00Z2J6bnVMcXZnd1loVnItRWNuZFdLYlZWOVJFMl9tUW5LLWhvS1ZrMl9reGUwRVZRTnhmRGp6NkFXODJMYnJPb01DN3V6T1VPNmM2YU5ibC1yQ1IzRVdNWlJMWGx6UVc2UzBiZzlFWFBHcjlRaE4xS201anRsb01pVlFJcFpUazVtS1M1U2c5UmxyVjFnYVdRZVJQZ0NDWUtlNw?oc=5) · Florida YIMBY
- 2024-03-27 [News | Grow Financial's Lease Puts Company at Forefront of Gasworx Mixed-Use Project - costar.com](https://news.google.com/rss/articles/CBMiugFBVV95cUxOc28zQVJxeHNqUWdGOXNzcU9aMXlzcGFjWU5oeEZpdHVuUTkzbmdXSXVXLUp2cGJ4QnhiUm51Q3l1cEdyaXY1Y3M5TmtQYzRPMXVlMGdTRUhSb0QtYTBhYWVvNkY0NV9oZ3BDSFAtMkpQSzlueC01N3prR0s0UDdrNEJxbWxpRkVERGx3UUZkMGIxeTduMXB6Nk9QV0t3dUZkUThiQ3RmNGhSbTh4QXhqdnRQcng1NGJJSXc?oc=5) · costar.com
- 2025-04-16 [Grow Financial FCU taps NCR Atleos for ATM management - FinTech Futures](https://news.google.com/rss/articles/CBMinwFBVV95cUxQWUFNVEo3cjlYYmE4NmhKLURJT25MZHlScXR6amFRX0RmNDZFLS04a3ZCLXhnTEwybE4zTTlHeFBfcHYtdE1jQ250VlRYU2FFSVB1Rzc5b09lNWJsNzU3UXlXVjZSQ190bTNLVWtBdU1QSDZCQjF0UHEtS1p2ZnlUZWdoaEVMbm1NS3hCZ0djQlA2ejFwdHRVUE9NSk9mek0?oc=5) · FinTech Futures
- 2023-01-20 [Florida Federal Court Finds FCRA and EFTA Claims Arising out of Disputed Charge Survive Credit Union's Motion to Dismiss - Consumer Financial Services Law Monitor](https://news.google.com/rss/articles/CBMijAJBVV95cUxPblp2UExZbEFXSDE1OXJ1MHNXaEdSX01ZQl83U2pPNHhnVFRIZDhNS0dadHVXRHBLbW12Qm5TdHlWR09udGM2MDRGX3Q0cEhsS3dHUHhrUVRhTklBVDRvZlctOHlHcm9GVFRJX21ocC1ZNklmTmxhR3FoWlY0NzZkSTZZalBnNjFhdm9oWmVSZUdLcGtFaFdsNHFpOXkwS1lISEdRZUNoTGxnSDdhQjRDLVplTHFXUDdocElIcFZZVmRrSkg2WlhUdS1SWUc2THNNb0VPVnJ6TW1ZM0JBdFJRWk5FY1hGR0RvV29xY2t4ZjJhTHJJTkU2QWpUcEhpOXpNbks2eHpDZVlwd05Q?oc=5) · Consumer Financial Services Law Monitor

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9976 (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/56.json (key "9976", 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=9976
- 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