# STRUTHERS
Struthers, OH · NCUA charter 13531 · asset band <$50M · latest filing 2022-03 · stopped filing after 2022-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/struthers-13531

Who the members are: federal charter, community charter, organized 1960, low-income designated. 3,242 members of 10,000 potential (32.4% of the field); checking penetration 58% (share draft accounts per 100 members); loans per 100 members 34.

**Verdict on the desk:** this could be *stressed*. Composite score 9 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $28.6M |
| Members | 3,242 (-28.0% YoY) |
| Full-time staff | 5 |
| Net worth | $1.9M |
| Net worth ratio | 6.6% (p5 of band) |
| ROA (annualized) | 0.66% (p76 of band) |
| Total delinquency | 0.67% (p62 of band) |
| Net charge-offs (annualized) | 0.90% (p90 of band) |
| Loans / shares | 23% (p13 of band) |
| Cash / assets | 74.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.57% (p18 of band) |
| Operating expense / assets | 1.66% (p12 of band) |
| Vehicles % of loans | 81% (p88 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.66% (p67 of band) |
| Vehicle NCO | 0.17% (p84 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 1% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 17% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 97% |
| Certificates % of member funds | 0% |
| Average share balance | $4,626 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 34% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $5,687 |
| Loans granted, annualized | $2.7M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, losing money, auto monoline |  |
| 2016-06 | 2 |  | losing money |
| 2016-09 | 5 | capital below 7%, net worth falling |  |
| 2016-12 | 2 |  | capital below 7%, net worth falling |
| 2017-03 | 4 | capital below 7% |  |
| 2017-06 | 5 | net worth falling |  |
| 2017-09 | 2 |  | capital below 7%, net worth falling |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 3 | delinquency rising |  |
| 2018-09 | 2 |  | delinquency rising |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | delinquency rising |  |
| 2019-06 | 2 |  | delinquency rising |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | net worth falling |  |
| 2020-06 | 4 | margin squeeze |  |
| 2020-09 | 3 |  | net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 6 | capital below 7%, net worth falling |  |
| 2021-06 | 9 | losing money, charge-offs p90, members leaving |  |
| 2021-09 | 9 | loan book shrinking | charge-offs p90 |
| 2021-12 | 11 | delinquency 2x band, delinquency rising |  |
| 2022-03 | 9 | charge-offs p90 | net worth falling, losing money, delinquency 2x band |

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

- 2022-01-13 [Man sentenced in Struthers credit union robbery - WKBN.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxQNXdhdGZuZTFCUFQ0bjlNRUJQSk1jTGZaTEQzSXhNVmVOaGVMSk5Ebk5zT3l6RkR2c0xpMnEtZE1QaUVwZUpaU2h0Vm9oVHppUjVFNWxJYWFhMWZUWGlwdkZCS21NNnNza0kxSWl4Vk1fWWIzd1JUdWpZQ1pTN3BDcDU3dlpnMlpFcDJXRlNn0gGTAUFVX3lxTFBMbzR3LU9rTk1kY0kxRFMtcXFvaVB2SjRvNDdFelU3MjVNdFh0V3pmMVoxZWJ5NEg2Y1RjMHdkS0V3ZTRZUkVONWttSU9hS0dPdU1FZEw1Wll3c0Q1dHIyS21meEQ2S0dTZWdtaHVnSDBOcUNyVXZxaERkQzBGTzI4aW5VN3BqQUdtbDI1dWt2LVJ5RQ?oc=5) · WKBN.com
- 2026-08-15 [Bonnie Jo Beachy Obituary Oct 13, 2017 - Klein Funeral Homes](https://news.google.com/rss/articles/CBMiXEFVX3lxTE95MTVELUtNZnAwSUFMM2w4WkVxVkQ4SlpsU3REaGhOZy1fRFN6OS15UWw5U0JTMXlNME9yWHF4SGFkbVY5eTRnLTRYMERrVVRRcS05WG5oWnV3QkJR?oc=5) · Klein Funeral Homes
- 2020-08-24 [Linda J. Fox 1949-2020 - - The Vindicator](https://news.google.com/rss/articles/CBMicEFVX3lxTE4ybHNaMV9feUZVNHRVZE9KcTZyOF81Yll3UUZxd2FvMVNtR3JZdFhiMGJZMkpZak9SSWlRWUU1VWU3T1RQbUdENEtOWE9SYml4MzVWZ3kwcG4zU2hSWERKaWNuWVBsOVVLR3AweXlWQlU?oc=5) · The Vindicator
- 2021-07-07 [Trial set for man accused of robbing Struthers Credit Union - WKBN.com](https://news.google.com/rss/articles/CBMingFBVV95cUxQdWV3c0syS2RqS29iMFJabXVIeGQzakRQQXIwdDBSbGZ6S1UtWUw5MmlETm9SMlotUk00cl9Xak1rYXN3M0JJeFktb2V2QU1jWDBKdkNLWDViaWZhNnF0MmhwaUpaV0tOOHZFRnl1aVI0d3ZsMlRWT0J1Wm56STlBYzRmQVpuQVducHVXRXFBSHZ3b3F2d3JnSzNqcE9QUdIBowFBVV95cUxPbEoySU1kRnlnMnMtNzBxUDI0RkJkY2JUdHptTF81OFg0OHROM1lTSVNTZmt3RjU3Q1N0SU1ldG5lN2ctNl83WWxNWDNULTBnTllBSTY1MTFsMDY3OUoyUlJFMTV3dWpkdk1HVnNFckdhYmY2Sk10bGZVWWd1ZTNhV3BtZWxhQ0FHM2tyNHFHa1V2SF9XWXFCZUR3Z05iSXJfSzVN?oc=5) · WKBN.com
- 2023-05-31 [Betty Jo Cartier Obituary (1926 - 2023) - Struthers, OH - Mahoning Matters - Legacy obituary](https://news.google.com/rss/articles/CBMilwFBVV95cUxOeDRaWDk5TEI4R3pNNjNraUV2aEhCcVR4V2pvZjZOZVU0dW5sNlpVa2xiREJzdjJVaE5GVlMweXBiNVktT0kwQ0d0NWJoZmQwQVVlS283XzNCbVozck9xbHFUUWJ1TU1DWFM0MmFxODNjVkVhNVQxRGpENEJsSWF6VVprWHRVbmVQLUh2WXhzbWVsUTltRDhB?oc=5) · Legacy obituary
- 2024-07-29 [Marianne E. Pekarcik, Struthers, Ohio - WKBN.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxPbDZaYnpwLVNNVTFkQTdIZDk2MW80ZlFfNDFBM21ZVjktYmlYQXNpNFZLRWpkMEh1UWJnUEFvWENYOVI0c1V5U015Y2tnZmVsUnlIc3hEUjVjYWR6WHVycWc1NkM5TlZwdGRYa1MzUlJ3Ylpzck9pdXBGem9qVTJCYl9ibEhyTkZUUExEWUl6cVVfSHBDRE01eHBCV2RyMGpwYXRnb3Nn0gGrAUFVX3lxTE9ESmFSbm85X1Y4dEt2MjBVazY3T3FLSW1RejVZVTZWZ1dtTURYQUdZdS1MZFAzUnQyR1F4S0RHeDU1YkpKMGtDMmFSZGpsc2Z2WHBsTnNSUzRZeTFUcm5fcEtodVRTcWwxWmZWWGE2UEg3LVNOR3VvSVFQVFhUNmJEeWdNWkowQjFTUV9aNlVaUFlsTDNhLTZma3BFcUpvYThPWk1BZDg4WHlvTQ?oc=5) · WKBN.com
- 2024-10-28 [Anita M. Brabant, Struthers, Ohio - WKBN.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxQTkRQOGdyMHcyajdOYWZjYllGOVZ0bnBweUZTUlJPTnZUZmJqa3o2eDNjcjNLYm5aY2ZqWUhBZnAzeUQwS0REbVlQaTZGaGYteHEzejNrMUQxT3NEYkowZk11OUV6WU4xaXg4UjQ1TWlhRU1TelhYUEcxSVlYanppQ3AxWWJ3cHRzMTdnNXZBdWlCcEtFczh30gGcAUFVX3lxTFBoRjNsU3d2aG9jMDFIV2ItU2lpY0dtaUdQSkZDc0pJSVZzWUsxV3FENUZXZmdYalREekREQjlVRk53QTBtQnJOQzJSYkh5U01ZdWVVRWxKdm9XclZxR3dRWGtTWXppNmNzdGR6NmlNVWNseE03TlhvQVA0c2FaM0M3QzFUQmVJSmNxNlBJWTBjRlNQc1U5LV8zQkI2VQ?oc=5) · WKBN.com
- 2020-12-22 [Shirley D. McNeal, Poland, Ohio - WKBN.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxOQXZDczlnU3NhR3otajZIdnlPN0M4VWprOXBfblJ6ZWkzMlphLUtXOE1FbWFXU0cxUExMa2VrWFRLVDVtU0NyeXU1UHNCOVpkU2QzT3k1aG9FeVo5TkhUdzNYZzY2X0pkMWliN0RhTFplVXhDOXhRWGlIdVpDMGl5d25TS2dYRGxEcXdNTU5TUk9uc3It0gGaAUFVX3lxTE5YclRoNm9POUVkZENCQnNmY0xXMGQ1a2wxd0FidlVhU3FWRU50dDJtUTdZSVU5MFVmSnpKVVJSUlRrRnJsa3hMemMtdi1oUWJvVDlhSHR1SGNmeUo3cWtERk9GMXV4aWF2dDJMUGxUbVI0M3dYVXIxX3Z2LTZicmstWllzTWdLdlc4d1hRczhBRlJfZzdIYjdzbXc?oc=5) · WKBN.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=13531 (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/27.json (key "13531", 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=13531
- 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