# WHETELCO
WHEELING, WV · NCUA charter 13990 · asset band <$50M · latest filing 2020-09 · stopped filing after 2020-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/whetelco-13990

Who the members are: federal charter, service (single sponsor), organized 1960, low-income designated. 393 members of 1,500 potential (26.2% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 40.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $2.7M |
| Members | 393 (-36.6% YoY) |
| Full-time staff | 0 |
| Net worth | $1.5M |
| Net worth ratio | 57.1% (p100 of band) |
| ROA (annualized) | 0.34% (p52 of band) |
| Total delinquency | 0.38% (p41 of band) |
| Net charge-offs (annualized) | 0.20% (p53 of band) |
| Loans / shares | 52% (p46 of band) |
| Cash / assets | 27.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.65% (p35 of band) |
| Operating expense / assets | 2.64% (p34 of band) |
| Vehicles % of loans | 81% (p89 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 0.00% (p17 of band) |
| Vehicle NCO | 0.03% (p53 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 19% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $2,779 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 40% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $3,831 |
| Loans granted, annualized | $169,551 |

## Flags firing in the latest filing

- **margin squeeze** (`earn_nim_squeeze`)
- **assets shrinking** (`shrink_assets`)
- **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 | 2 | losing money, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 8 | delinquency 2x band, delinquency rising, charge-offs p90, assets shrinking, members leaving, loan book shrinking |  |
| 2017-06 | 7 |  | losing money |
| 2017-09 | 5 |  | delinquency 2x band, delinquency rising |
| 2017-12 | 6 | delinquency rising |  |
| 2018-03 | 3 |  | charge-offs p90, loan book shrinking, delinquency rising |
| 2018-06 | 3 |  |  |
| 2018-09 | 4 | delinquency rising |  |
| 2018-12 | 4 | delinquency 2x band | assets shrinking |
| 2019-03 | 3 |  | delinquency 2x band |
| 2019-06 | 4 | assets shrinking |  |
| 2019-09 | 3 |  | delinquency rising |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 5 | margin squeeze, loan book shrinking |  |

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

- 2023-10-19 [Obituary information for Blanche Madeline Grundy - kepnerfuneral.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxNUlEwbjVlSXN6T2Rla3VEWFhveThYLU1BZTQ2anJFSU9nTFRjZGVZVFVwZnFhdy1yZmxFc0JLTldtam5PaTNaRHRfSEhkU3A0RHFaSjN5MTZyZy16c1NjazlwWVp1V05xVTJUVE93MUJHWVlLSi1OelViTVh6OEF5MXZYRFg?oc=5) · kepnerfuneral.com
- 2022-09-17 [Obituary information for Robert G Baird - kepnerfuneral.com](https://news.google.com/rss/articles/CBMieEFVX3lxTE9Zd1p2VF80djRiQnhTOXVJRFBxRU5GS2twRDNibTVuTmtDTlBLVDlPY2hYcEloZDA4Zk9SOWQxd01RY2t5dllCMTRpV2VndUhnckFybkExS1huLTY4Tm1YZF8wMkRVbWRpcTRfbDJTZmRSOFdPZ2JLZA?oc=5) · kepnerfuneral.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=13990 (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/38.json (key "13990", 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=13990
- 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