# STEEL VALLEY
Cleveland, OH · NCUA charter 17555 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/steel-valley-17555

Who the members are: federal charter, multiple common bond, organized 1966, low-income designated, minority depository institution. 3,206 members of 400,000 potential (0.8% of the field); checking penetration 37% (share draft accounts per 100 members); loans per 100 members 62.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $22.6M |
| Members | 3,206 (-7.7% YoY) |
| Full-time staff | 6 |
| Net worth | $2.2M |
| Net worth ratio | 9.7% (p14 of band) |
| ROA (annualized) | -0.07% (p22 of band) |
| Total delinquency | 2.94% (p86 of band) |
| Net charge-offs (annualized) | -0.15% (p9 of band) |
| Loans / shares | 50% (p39 of band) |
| Cash / assets | 43.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.09% (p59 of band) |
| Operating expense / assets | 5.96% (p89 of band) |
| Vehicles % of loans | 56% (p42 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 17% |
| Third-party paper % of net worth | 126% (p97 of band) |
| Vehicle delinquency | 1.68% (p76 of band) |
| Vehicle NCO | 0.80% (p85 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 23% |
| Credit cards % of loans | 17% |
| Unsecured % of loans | 19% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 85% |
| Certificates % of member funds | 4% |
| Average share balance | $4,105 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.7M |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 53% |
| Average loan balance | $5,104 |
| Loans granted, annualized | $1.9M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.7M outstanding purchased (79.9% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 0.1% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 6 | thin capital, losing money, expense trap, charge-offs p90, repo signal, 3rd-party paper>100% NW |  |
| 2016-06 | 7 | delinquency 2x band |  |
| 2016-09 | 5 |  | losing money, delinquency 2x band |
| 2016-12 | 5 |  |  |
| 2017-03 | 7 | margin squeeze, assets shrinking, members leaving | charge-offs p90 |
| 2017-06 | 4 |  | repo signal, 3rd-party paper>100% NW, margin squeeze |
| 2017-09 | 5 | repo signal, loan book shrinking | thin capital |
| 2017-12 | 4 | delinquency rising | repo signal, loan book shrinking |
| 2018-03 | 7 | delinquency 2x band, loan book shrinking, 3rd-party paper>100% NW |  |
| 2018-06 | 4 |  | delinquency rising, delinquency 2x band, loan book shrinking |
| 2018-09 | 4 |  |  |
| 2018-12 | 3 |  | assets shrinking |
| 2019-03 | 3 |  |  |
| 2019-06 | 4 | assets shrinking |  |
| 2019-09 | 4 |  |  |
| 2019-12 | 6 | delinquency rising, repo signal |  |
| 2020-03 | 5 | losing money | members leaving, delinquency rising |
| 2020-06 | 10 | net worth falling, margin squeeze, delinquency 2x band, delinquency rising, charge-offs p90, loan book shrinking | assets shrinking |
| 2020-09 | 9 |  | charge-offs p90 |
| 2020-12 | 7 |  | repo signal, loan book shrinking |
| 2021-03 | 6 | repo signal | losing money, margin squeeze |
| 2021-06 | 5 |  | delinquency rising |
| 2021-09 | 5 | members leaving | net worth falling |
| 2021-12 | 5 | loan book shrinking | expense trap |
| 2022-03 | 5 | thin capital | loan book shrinking |
| 2022-06 | 5 | assets shrinking | repo signal |
| 2022-09 | 7 | losing money, charge-offs p90 |  |
| 2022-12 | 9 | net worth falling, repo signal |  |
| 2023-03 | 6 | loan book shrinking | losing money, charge-offs p90, net worth falling, repo signal |
| 2023-06 | 5 |  | thin capital |
| 2023-09 | 6 | repo signal |  |
| 2023-12 | 5 | charge-offs p90 | loan book shrinking, repo signal |
| 2024-03 | 3 | repo signal | delinquency 2x band, members leaving, charge-offs p90 |
| 2024-06 | 4 | delinquency 2x band, members leaving | repo signal |
| 2024-09 | 4 |  |  |
| 2024-12 | 4 |  |  |
| 2025-03 | 6 | net worth falling, delinquency rising, repo signal | assets shrinking |
| 2025-06 | 4 |  | net worth falling, delinquency rising |
| 2025-09 | 5 | assets shrinking |  |
| 2025-12 | 5 | losing money, loan book shrinking | delinquency 2x band, assets shrinking |
| 2026-03 | 7 | net worth falling, delinquency 2x band, delinquency rising | repo signal |

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

- 2017-10-27 [GrooveCar brings on 25 new credit union partners in Q3 - Auto Remarketing](https://news.google.com/rss/articles/CBMilAFBVV95cUxPc1hHdERaTnQzbDZKbEVObEJXb3BzTXZIQXdxajFVQXJSeVBtTmFjc2RNV2NzR0E5eVZkQklJZ3RQYTBvRGFaLVpXR0k0M19SSkR1MEtYdEx0SGVIN2tMeXZnZzhfMXdtLW5fTGxOeUNLYjZUdzNNYlJLTUU5QUk4WmxQbVZpUnNIQ0R1eFJXMHB3SFFi?oc=5) · Auto Remarketing
- 2020-01-21 [Society of St. Vincent de Paul announces leadership restructuring - Catholic Diocese of Cleveland](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQSEJFSFFZQ0V3UDhmNVFKMXg1cVZ3T2lxYXQ2b0U4YlhBdWVKeVlxUmJ2REJOUGRtVFQzUnRQaEdXZmd4ejdfeFJyRXhDY2lMenFWcEVwTkhDRjRJT21YV01nUzFhVGl0dDVXb2k4VEhrYkVSVVFMd1ZScUt6MFpfUlgxUnNaV3hSSEJZVjlQaUJoNm56bzRqV2Fmb0YtRzJUOW9tSmhFN0FyZkxQeFRod1hZMTdiVjBJUlQ5c2xwU052dw?oc=5) · Catholic Diocese of Cleveland
- 2021-10-06 [DAVID LAWHUN Obituary (1956 - 2014) - Middleburg Heights, OH - Cleveland.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxNTVRrNGxJeU1xQUdpX3VoaGsxMjFDeTI4bW5MQlFJWVdHcDl4amdycGJNMzBtRlRpRHdFVndkWTg4bENXWlI3LUZTUVlEYjBHb3FoSDVLaVJNcXh5Q3Ewbmt1cjcxTkVxWjR6dXJBaHdYQjFUWUVPQnRLRzBoc0szdm50ZXdxYXR0dzRzSFlHVV9MWG8?oc=5) · Cleveland.com
- 2021-08-11 [Society of St. Vincent de Paul names Gary Sole as new CEO - Catholic Diocese of Cleveland](https://news.google.com/rss/articles/CBMitwFBVV95cUxOYkpLY3RmeDJQakJsU3puNEhsaGFmbFFoU2ZFSmNsT2V4S0tRS0Q1ZFRzaXlPaHI1Q1hNdlEtNGFsUXk1OHUxaXlSMElvVW1YRzl5Sk03dWNIeWxmU056dTQzeEFQZXBsRGh1QUpwMVZHaGtoRDd2WXBIV3BuWmtDOTY0S2NrdWt0YkVlNFJDdFdpSW8xZlpHcU1KNngxWUFSUjVmaVFaeXo3UUNMUFY1X2tQUm1LaHM?oc=5) · Catholic Diocese of Cleveland
- 2024-02-06 [Cuyahoga County homebuyers may be eligible for up $25,000 toward a home - Cleveland.com](https://news.google.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?oc=5) · Cleveland.com
- 2024-03-21 [Ben Oddis' Cardinal Mooney High School Career Home - MaxPreps](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPc2I2MGZseE5tS3E2b2JYc0tZRy1hREp6V1IxLXdfUi1OTUdMNWMyckNUcHhPNHNiR1dueW5YYXg5QWZXaGh4OEx4VjBBUThTdk9wZHNaRDhKZExWQldUVDI4Vkg1Mms1SlVhQ09Na2xaV3ktRjV6aFlaeDl2a0lMakxiOXVtT3d5VUJHZGlGcFNqT3VxMDRlcjhXbVhUN1A4NWlNSkFfTDV1Ym8?oc=5) · MaxPreps
- 2007-01-18 [Jerome Hightower Obituary (2007) - Columbus, OH - The Columbus Dispatch - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxOcTVqNGpwQ1FxM2JYQ2h3Q2FRSklFdmJ3ank1LWJvcWt6b2t3UVk2VERrNUZZZG5fMGhYU2V6SXc3QTBZT3Z2V2sxb1dvdmhvUk5jWlJLdDJpb3ltU3NXN1NqRHcyNFNhSU0tM1U0SG5KN2dQUEYzTlc0OWJtTUhwS2xKMGNla2NaZ2UxVlJfYkxxQQ?oc=5) · legacy.com
- 2023-04-15 [Ryan Reese's Cardinal Mooney High School Career Home - MaxPreps](https://news.google.com/rss/articles/CBMirAFBVV95cUxNUVhLa3RKbmZBaXpVUG1IS1p4eHZoX3oxc0o1Tjh4TzlFemwzYlR5TFVPYXpxQjAxdzZhM0xOMW40Z1R5Y0VYVEpvOWlaYmtMMFZNQXVWZklDWHlkb0R6ZHQ5WHhLZnJWRTVEWEdEZUVCMUhKUko3N00zaDJ0OEdtbWx5THlnNERvRFg0SWN6TmpYaEk0bmE2NXdmMS02R2xZTFk4cXRLY3diVUhY?oc=5) · MaxPreps

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=17555 (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/19.json (key "17555", 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=17555
- 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