# C O CHARLESTON, SC · NCUA charter 17655 · asset band <$50M · latest filing 2021-06 · stopped filing after 2021-06 (departed; for a credit union that is almost always a merger) Share link (named URL with a preview card): https://getbookiq.com/cu/c-o-17655 Who the members are: federal charter, multiple common bond, organized 1966, low-income designated. 711 members of 1,000 potential (71.1% of the field); checking penetration 4% (share draft accounts per 100 members); loans per 100 members 21. **Verdict on the desk:** this could be *stressed*. Composite score 11 of 18 (one point per flag across 17 flags, capital below 7% counted twice). ## What the filing shows | Measure | Value | |---|---| | Total assets | $2.4M | | Members | 711 (-7.1% YoY) | | Full-time staff | 2 | | Net worth | $-385,772 | | Net worth ratio | -16.0% (p0 of band) | | ROA (annualized) | -36.92% (p0 of band) | | Total delinquency | 25.17% (p100 of band) | | Net charge-offs (annualized) | 159.77% (p100 of band) | | Loans / shares | 45% (p44 of band) | | Cash / assets | 51.1% | | Borrowings / assets | 0.00% | | Net interest margin | 5.68% (p99 of band) | | Operating expense / assets | 14.92% (p100 of band) | | Vehicles % of loans | 36% (p23 of band) | | Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% | | Third-party paper % of net worth | – | | Vehicle delinquency | 15.52% (p99 of band) | | Vehicle NCO | 2.12% (p97 of band) | | Repossessed % of vehicle book | 0.00% (p47 of band) | | Real estate % of loans | 23% | | Credit cards % of loans | 0% | | Unsecured % of loans | 7% | | Commercial % of net worth | – | | Core shares % of member funds | 100% | | Certificates % of member funds | 0% | | Average share balance | $3,784 | | Participations bought / yr | $0 | | Participations sold / yr | $0 | | Participations outstanding | – | | Loans outstanding per 100 members | 21% | | Loans granted per 100 members, annualized | 6% | | Average loan balance | $8,219 | | Loans granted, annualized | $378,556 | ## 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`) - **delinquency rising** (`aq_dq_rising`) - **charge-offs p90** (`aq_nco_high`) - **assets shrinking** (`shrink_assets`) - **members leaving** (`shrink_members`) - **loan book shrinking** (`shrink_loans`) ## Warning timeline | Quarter | Score | Flags that first fired | Flags that cleared | |---|---|---|---| | 2016-03 | 1 | delinquency 2x band | | | 2016-06 | 1 | | | | 2016-09 | 1 | net worth falling | delinquency 2x band | | 2016-12 | 1 | delinquency 2x band | net worth falling | | 2017-03 | 2 | margin squeeze | | | 2017-06 | 1 | | margin squeeze | | 2017-09 | 2 | delinquency rising | | | 2017-12 | 1 | | delinquency rising | | 2018-03 | 3 | charge-offs p90, assets shrinking | | | 2018-06 | 3 | expense trap, delinquency rising | charge-offs p90, assets shrinking | | 2018-09 | 3 | net worth falling | delinquency rising | | 2018-12 | 1 | | expense trap, net worth falling | | 2019-03 | 3 | expense trap, delinquency rising | | | 2019-06 | 4 | thin capital, margin squeeze | expense trap | | 2019-09 | 3 | charge-offs p90, repo signal | delinquency rising, thin capital, margin squeeze | | 2019-12 | 5 | thin capital, margin squeeze | | | 2020-03 | 6 | net worth falling, losing money | charge-offs p90 | | 2020-06 | 5 | | margin squeeze | | 2020-09 | 5 | margin squeeze, assets shrinking | thin capital, net worth falling | | 2020-12 | 9 | thin capital, capital below 7%, expense trap, delinquency rising | margin squeeze | | 2021-03 | 12 | net worth falling, charge-offs p90, loan book shrinking | | | 2021-06 | 11 | members leaving | repo signal, net worth falling | ## In the news (Google News, unfiltered, newest first; check the city) - 2026-07-05 [Lane Gibson Obituary - Irmo, SC - Dignity Memorial](https://news.google.com/rss/articles/CBMie0FVX3lxTE5SdlpjOXJQMDZWMmJJbE0xQWhQalNOUjBQZkJtbnYxWXZRbnJSR1BuWTFkalJUWWNSRkFvVUh2NXZQTlFUcXNUTzBQWFJ2M3Bwbk11ZGVnSWtkMXR4aFRHRlp6OXhkc3lxOGUzNHZNV2J3azZvOE5oQU03NA?oc=5) · Dignity Memorial - 2021-01-06 [Tiny South Carolina credit union is NCUA's first conservatorship of 2021 - American Banker](https://news.google.com/rss/articles/CBMivAFBVV95cUxQb1ZKZmtQdVE1bThnSFlzQndTN2JhTmpmWHdObVdLT0dJUnVIS2MwZm4tNnpWMzFWTnFPeG9ZZEVycTF5SFpqRkt2WTAyWjkxYkNzME5hQXk4SlJkNnBlUEkwU0xOR0lCR3VGRHUxMVhMSXp1M3VCV3IxbnlWQnJROXlqQ3RDYmh3anlnOTU0T3E3dlc1S2lDaGc0OU1hNnE0TmZVTS0zRGplVzJEZ2NkSTVSVm5oZHEtZWpHYw?oc=5) · American Banker - 2026-02-24 [Financial Resources Federal Credit Union Named Official Credit Union of Red Bull New York - Red Bull New York](https://news.google.com/rss/articles/CBMixAFBVV95cUxPX0RFZ1VwWklKUjdqNFZlT0MzNzR1VE15ZmlmRnZMeEJFbV8tVWd0NGoyU3N2djZtYWFMWEFmQkxIVXlYS0pUSm9RMGJBTm9SRGNwS092TVA2c1VCMWpaSGtITzdkdU5NZmtBbjY5MExiQ0h3dWcxOWtxbUR2b0RScHp4YVpTWWR2YWFkYzhMT3QzeDNWODJOX1BmT0FIS3BkbHpXLUtBV0dqMEk1T19uSzJVVnU0eWFMdE1BTlFLc2oteXVu?oc=5) · Red Bull New York - 2026-06-29 [20 Largest Credit Unions in America | Banking Advice | U.S. News - U.S. News & World Report](https://news.google.com/rss/articles/CBMigAFBVV95cUxPTGo3NzJqcExQdW1NT240R08xaGVXT1pFZHBGS29RSG9UaUJQaWkxV3RrbEZheE5jWjRlUmp0am5oQ3V6SFh6U2lIQ2NvaWtKTnhsNko2TU0zYXRhWUFEb0ZBUWFJUkxYWlQ4eVBTWHFmNjZkbW1QOXg1VnBDbExpWA?oc=5) · U.S. News & World Report - 2021-01-07 [Charleston credit union founded by civil rights icon is taken over - Post and Courier](https://news.google.com/rss/articles/CBMi7AFBVV95cUxNaTNPR3RsREZzRlJwUHB2cWZDMG9TaWJvVDdISHJXN3RpUklGRHV3RGRlQ3BOQS1nUzNPeENUbzNpdFpQSWNqUUk1N2g0blVfcTljaW5Gcmt5V3VUZzd0cm0xbmZabWxoWWlDcmNEd1NYSy1EaWYxSFZIMEVWMFE0SU1jQUF1WURVQkVUeER0Q2FNWHQ4U0RReHV6MUgtMUxyaVhXNU5rOWktSGl5V29XbmZCM19oQ1ViNDZjbGd0Y3hnN3YtbDFBZTVjOFN2VTFXOVJranpUN2JCTVR4Y1dGRFpVWXozLXNpM2dIYQ?oc=5) · Post and Courier - 2026-08-13 [The Best Credit Unions Of 2025 - Bankrate](https://news.google.com/rss/articles/CBMiYkFVX3lxTE5ib0NLcS1PRHlua25MWkZkdDZ4bkxOeDZWZHlHenRLeTZjV0p3LW5OSUFOZ0QwQmpwZDJMMGdsQ3NFR25GeVNic0F5bnkzNHdLdTNxQUpWYXlmcEZiQ2lscVBn?oc=5) · Bankrate - 2024-06-03 [Why a Rochester Credit Union Wants the Local Government To Create Its Own Bank - Next City](https://news.google.com/rss/articles/CBMilAFBVV95cUxPNDF5X2J1bkMyVXJKMW8zTWJuSW1ZNGZrNFNsN1M3eVF2NG1TRVhFQ0g2cWEzSXJVdTM5dlhGUm9URzlhTHlpVUZxeTBuQlJObE1FMU52OWZwaFIwOVpqWTE5M3VCd3BZSUpQRXl3UmpQakRRNnJncFNxUHdtamtLVDRab205RnBrT1l3RzdTSU1HaVFs?oc=5) · Next City - 2026-07-17 [Genesee Co-op FCU joins statewide small business lending initiative - Rochester Business Journal](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNdmUwWnVIc2xZTkhxakpCR0dQdS1QaEMtY2Rkd1FaRzdHTUJnX3JvcWIxb1BrOXNvUWItVThuTFpzSW14ZjNKTFc2QmNHUWUybzluOEtQSzcyWTI0RVkwZ3lVS0tiRmY3NGs2dThha200X3ZSdnlFZHJlQUd6bUJMWWpSeVY1aFpWXzhr?oc=5) · Rochester Business Journal ## How to verify - Page: https://getbookiq.com/cu-intel/#cu=17655 (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/55.json (key "17655", 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=17655 - 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. --- Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide