# RCT
AUGUSTA, GA · NCUA charter 15885 · asset band <$50M · latest filing 2016-06 · stopped filing after 2016-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/rct-15885

Who the members are: federal charter, multiple common bond, organized 1963, low-income designated. 3,549 members of 9,200 potential (38.6% of the field); checking penetration 34% (share draft accounts per 100 members); loans per 100 members 25.

**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 | $7.1M |
| Members | 3,549 (– YoY) |
| Full-time staff | 6 |
| Net worth | $327,534 |
| Net worth ratio | 4.6% (p0 of band) |
| ROA (annualized) | -3.77% (p1 of band) |
| Total delinquency | 2.29% (p77 of band) |
| Net charge-offs (annualized) | 6.60% (p99 of band) |
| Loans / shares | 45% (p33 of band) |
| Cash / assets | 29.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.29% (p94 of band) |
| Operating expense / assets | 7.27% (p97 of band) |
| Vehicles % of loans | 62% (p66 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 2.27% (p81 of band) |
| Vehicle NCO | 8.33% (p99 of band) |
| Repossessed % of vehicle book | 0.67% (p97 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 27% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 60% |
| Certificates % of member funds | 22% |
| Average share balance | $1,092 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 25% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $3,385 |
| Loans granted, annualized | $1.3M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **repo signal** (`aq_repo`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 8 | thin capital, capital below 7%, losing money, expense trap, delinquency 2x band, charge-offs p90, auto monoline |  |
| 2016-06 | 9 | repo signal |  |

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

- 2016-08-01 [Two Georgia education focused credit unions merge - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOYlF3QlR0X2ZMcWlDSlRQeEw0ZmxtcG9hdlRuUmpfcGx1a1hzeWRoRVBTaTVHdzkzeDRuN2VYbHhZd3BGV040cGQ0blNjYnhTLUdURVd6ZE03WFV6QzF5T0drQ2RSQ2U1V1VsUFIzbEdMeGZiM0JITmVwWGpldDFfR0RfRWptLVE4bjFBWjVySVJHTHlQVm5NcWxPUzlxQ3l5VXJGVXk1YWVXdw?oc=5) · The Business Journals
- 2021-10-14 [Henry Daggett Obituary (2012) - Augusta, GA - The Augusta Chronicle - legacy.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxNV3I0RWd6eGdydURQeV9yQ01GUUZXcVVRdTF3VGN3NzdBRnFoM2dMWk1iOEpCYW5TYnRzMUJLdnRXeDlPOHRqX0Jwc3o0TDBtbnhNdTJTeXhBNGpyZGdOSUJsNXNmdTRGZ1ZBQlhNYWRISEZOSU9IZGx6djM1WjlPcGtaaHJSOXRwdDQ1Mzl6UGRDZXhYbWxEeg?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=15885 (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 "15885", 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=15885
- 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