# HOPESOUTH
Abbeville, SC · NCUA charter 20824 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/hopesouth-20824

Who the members are: federal charter, community charter, organized 1971, low-income designated. 3,851 members of 65,000 potential (5.9% of the field); checking penetration 62% (share draft accounts per 100 members); loans per 100 members 91.

**Verdict on the desk:** this could be *auto monoline*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $38.3M |
| Members | 3,851 (4.2% YoY) |
| Full-time staff | 9 |
| Net worth | $9.9M |
| Net worth ratio | 25.8% (p88 of band) |
| ROA (annualized) | 1.39% (p83 of band) |
| Total delinquency | 1.03% (p62 of band) |
| Net charge-offs (annualized) | 1.21% (p88 of band) |
| Loans / shares | 56% (p48 of band) |
| Cash / assets | 52.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.62% (p93 of band) |
| Operating expense / assets | 6.14% (p90 of band) |
| Vehicles % of loans | 68% (p61 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.31% (p70 of band) |
| Vehicle NCO | 0.95% (p86 of band) |
| Repossessed % of vehicle book | 0.32% (p96 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 24% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 69% |
| Certificates % of member funds | 22% |
| Average share balance | $4,088 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 91% |
| Loans granted per 100 members, annualized | 26% |
| Average loan balance | $4,454 |
| Loans granted, annualized | $7.9M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **expense trap** (`earn_opex`)
- **delinquency rising** (`aq_dq_rising`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | expense trap |  |
| 2016-06 | 2 | delinquency 2x band |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 4 | margin squeeze, auto monoline |  |
| 2017-06 | 3 |  | auto monoline |
| 2017-09 | 4 | delinquency rising |  |
| 2017-12 | 2 |  | margin squeeze, delinquency rising |
| 2018-03 | 5 | margin squeeze, delinquency rising, charge-offs p90 |  |
| 2018-06 | 3 |  | margin squeeze, delinquency rising |
| 2018-09 | 4 | repo signal |  |
| 2018-12 | 3 |  | repo signal |
| 2019-03 | 2 |  | charge-offs p90 |
| 2019-06 | 3 | charge-offs p90 |  |
| 2019-09 | 4 | repo signal |  |
| 2019-12 | 2 |  | charge-offs p90, repo signal |
| 2020-03 | 4 | margin squeeze, repo signal |  |
| 2020-06 | 6 | net worth falling, charge-offs p90 |  |
| 2020-09 | 4 |  | net worth falling, charge-offs p90 |
| 2020-12 | 3 |  | repo signal |
| 2021-03 | 5 | net worth falling, auto monoline |  |
| 2021-06 | 5 |  |  |
| 2021-09 | 4 |  | net worth falling |
| 2021-12 | 3 |  | expense trap |
| 2022-03 | 2 |  | margin squeeze |
| 2022-06 | 4 | expense trap, delinquency rising |  |
| 2022-09 | 3 |  | delinquency rising |
| 2022-12 | 3 |  |  |
| 2023-03 | 5 | delinquency rising, charge-offs p90 |  |
| 2023-06 | 3 |  | expense trap, delinquency rising |
| 2023-09 | 3 |  |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 2 |  | charge-offs p90 |
| 2024-06 | 2 |  |  |
| 2024-09 | 3 | repo signal |  |
| 2024-12 | 2 |  | repo signal |
| 2025-03 | 2 | net worth falling | delinquency 2x band |
| 2025-06 | 2 | delinquency 2x band | net worth falling |
| 2025-09 | 2 |  |  |
| 2025-12 | 3 | delinquency rising |  |
| 2026-03 | 4 | net worth falling, expense trap | delinquency 2x band |

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

- 2026-06-08 [52 credit union leaders earn CUDE designation in June DE class of 2026 - CUInsight](https://news.google.com/rss/articles/CBMisAFBVV95cUxPMWNHSl9CUXE1aFRCUGtabGttcW45OUVObFFuVTNXbC0zOUtTNURqZGFib2FPZ3VCUnQ1RlRNWjN6MzlUb1dNZUtoZTJ6VV9uZHA3RGIwTEZTeTVpR29rRTFRQ2twVjh5WThPTTRqSG5CZFhCNHZsUkhvS1gtbEdKcjBkTC1aVTh1SUZoX2tWUF83OGxfZHkzUzFieTRWZjJMZVFwNFFQSExndVhoUDU2ag?oc=5) · CUInsight
- 2020-08-26 [South Carolina’s GAFCU rebrands as HopeSouth FCU - American Banker](https://news.google.com/rss/articles/CBMinAFBVV95cUxQRTFRcHp3MHREZWM2dUMtSDZNa09Tc0IwYWx5RTRPcjhERWNERl9ST1BnZUdvZW8xMU96a2ZmVm1SQWtJSmV4WXpPRkxxWVZJV0xEVWJkLTJaRVNwNFdUZzByeXhKMk41MXI5dUFzeHhLWXA3b2dTZURMT0V0alJFQ0NGVFdncG52NHpkM0xDT29QSGNmZGVIMW5vRUQ?oc=5) · American Banker
- 2026-02-26 [Behind the Industry's New Push to Elevate Small Credit Unions - CUTimes](https://news.google.com/rss/articles/CBMinAFBVV95cUxPeWcxTkJMNGtMWWY1NHdnLTVMb2NUcnZicGZidjBZZ3NFeEF5b1pKRGhaS2FLRkhZYlgxdTBYMzhFaUt2aW1hU0puUExqa2Fzd2VWajRWN1BrTURNTk00bURzcDA5dWNGcjNkX2lsSld5X3dTMXRCcHZDTDZ6dW5IWkl2dFppR193NndJN2FydlhzZl9ob2hUUkhaZjI?oc=5) · CUTimes
- 2020-08-26 [New leadership means new vision at these credit unions - American Banker](https://news.google.com/rss/articles/CBMipgFBVV95cUxNbzV1M2hTZl9ZamlWMVZBT2ctWnVMa29RLU1rOGtYNkdFWkgyU3lveDJOWlhscmxFcDRRb2JmS3VVNHZNWWYwSWMwcHFBRVJYX0J2ZkxtRXRBOFJmTGRJRmRUQlpvSmd6dUNYUXVEbDN1WndiUm43STRQS1RMZ29DZU55WFE4R0ttMzJIUVlEdEJ3Y3Zyc0hlLU1RVy1LMFdWZnJqcmt3?oc=5) · American Banker

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=20824 (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/24.json (key "20824", 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=20824
- 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