# VALWOOD PARK
Carrollton, TX · NCUA charter 21788 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/valwood-park-21788

Who the members are: federal charter, community charter, organized 1974. 2,426 members of 100,000 potential (2.4% of the field); checking penetration 49% (share draft accounts per 100 members); loans per 100 members 52.

**Verdict on the desk:** this could be *auto monoline*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $27.3M |
| Members | 2,426 (-10.1% YoY) |
| Full-time staff | 7 |
| Net worth | $3.0M |
| Net worth ratio | 10.9% (p22 of band) |
| ROA (annualized) | 0.21% (p33 of band) |
| Total delinquency | 1.11% (p64 of band) |
| Net charge-offs (annualized) | 0.51% (p76 of band) |
| Loans / shares | 61% (p55 of band) |
| Cash / assets | 43.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.42% (p70 of band) |
| Operating expense / assets | 4.72% (p74 of band) |
| Vehicles % of loans | 84% (p89 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.15% (p67 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 1% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 88% |
| Certificates % of member funds | 10% |
| Average share balance | $6,212 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 52% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $11,742 |
| Loans granted, annualized | $6.0M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | losing money |  |
| 2017-03 | 2 | net worth falling | losing money |
| 2017-06 | 3 | delinquency rising, members leaving | net worth falling |
| 2017-09 | 2 |  | delinquency rising |
| 2017-12 | 3 | assets shrinking |  |
| 2018-03 | 2 |  | assets shrinking |
| 2018-06 | 2 | assets shrinking | members leaving |
| 2018-09 | 1 |  | assets shrinking |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | assets shrinking |  |
| 2019-06 | 1 |  | assets shrinking |
| 2019-09 | 3 | net worth falling, members leaving |  |
| 2019-12 | 4 | delinquency rising |  |
| 2020-03 | 3 | margin squeeze | net worth falling, members leaving |
| 2020-06 | 3 |  |  |
| 2020-09 | 4 | net worth falling |  |
| 2020-12 | 2 |  | delinquency rising, net worth falling |
| 2021-03 | 1 |  | margin squeeze |
| 2021-06 | 2 | net worth falling |  |
| 2021-09 | 1 |  | net worth falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | members leaving |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 1 |  | members leaving |
| 2022-12 | 2 | leaning on borrowings |  |
| 2023-03 | 8 | thin capital, capital below 7%, net worth falling, losing money, expense trap, delinquency rising | leaning on borrowings |
| 2023-06 | 9 | assets shrinking |  |
| 2023-09 | 9 | members leaving | net worth falling |
| 2023-12 | 8 |  | members leaving |
| 2024-03 | 6 |  | expense trap, assets shrinking |
| 2024-06 | 7 | assets shrinking, loan book shrinking | losing money |
| 2024-09 | 7 |  |  |
| 2024-12 | 4 |  | thin capital, capital below 7% |
| 2025-03 | 2 |  | delinquency rising, assets shrinking |
| 2025-06 | 2 | members leaving | loan book shrinking |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | delinquency rising |  |

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

- 2026-07-09 [2025 Annual Report - NCUA (.gov)](https://news.google.com/rss/articles/CBMifkFVX3lxTE1zOU5Zb1JTZTgzU21CYUNjTTdTOHYweVlja2lfQnNpR0NWVGJfcTEzcElrcEVVbXppSkZIdEdDaThWSFFXZXJudDR0YlJKVmRfT3hfNXhMUXAyZEhVSWFNLS1nSkpyUXJQNlNxVXhrM3NPQ1lNd0Q5WE8tY2pvQQ?oc=5) · NCUA (.gov)
- 2023-01-23 [NCUA places Texas credit union into conservatorship - American Banker](https://news.google.com/rss/articles/CBMiogFBVV95cUxOSnBsQTY4VmlUUXE3eGhYbzJnRXYxSjdkRmE0VGVydDZENExtR1ctaWQ2MG4wcmFwOGxidmhnX1lyMFZtZGttOVNSZzBJY0dQTV9qdVRfbU91eDh6azRMenpGYzZWOFZXeGp6Q3NRRUdwS2dvWTdPM0pRTlBTMVBHZnBGbzY2ZVZfY2Y3MnNCbkdITjVBZG1fbVBFYUI2Q2VmdkE?oc=5) · American Banker
- 2024-07-02 [2012-2024 List Of Failed Credit Unions - Bankrate](https://news.google.com/rss/articles/CBMib0FVX3lxTFBqUTBmbUhvaEh6UXpMOERnZTMzUjU2djBQVUVxMHd4UmZFRF84OWFtelZtZXQ3eTF5ZE5fbE5YVTRIUWd2dDVDWjZxZ3F4d3gwRFhMV2FyT21RWXlTLVVoRTE5Z0R1Ql9iMHVmYndZUQ?oc=5) · Bankrate
- 2023-02-09 [George Phillips Obituary (1949 - 2023) - Denton - Dallas News](https://news.google.com/rss/articles/CBMipAFBVV95cUxPT0dCQzZtd0ljNDIxSnlzRkhjUmE3T1NxWlRIUVdFaGtrUWllQlpuR1QyS1A2MnQxZDNGbktLdTF2dEExckgzd0dMT1NNODNOQ25FWE9NY05vSFRmU1JMS0hZeG9yUDFuRUtnSWRkeDdfeG1BTlFCVWJBQ2ozUTZycnA1N2xUcDNDRmRzNlItMnlRNnEwOWhsOTN2OG43cXFjY3lzMQ?oc=5) · Dallas News
- 2020-04-02 [Wayne Mendenhall's Obituary, Visitation & Funeral Information - Restland Funeral Home, Cemetery and Crematory](https://news.google.com/rss/articles/CBMifEFVX3lxTE5ORXZiVkRLLWQ2ODZEZE95eElacDd1VzlsMkpubzdFaVBmVFB4RnVVR3RqZzhreGZPNGpoUV8zdEdKdTAxZHlMS0NJWHhaY2N6b2R1ZldsRjkwM3pPLVJZNURtX1FwTkExOHBFYkJ0ZEpOcmI1NHBzeDJUN08?oc=5) · Restland Funeral Home, Cemetery and Crematory
- 2020-04-07 [Wayne Mendenhall Obituary (1961 - 2020) - Dallas News](https://news.google.com/rss/articles/CBMipAFBVV95cUxQWFVDRjlQX1d0WmRtdHlOX0JPUDk2NjhsTWIwREdBRG9GaC1MdXpGY09xYUpNY1VNcDQ2V3B5Y2hJY2RuOVBZMmRnbjM0cUgtdm4xZGpxeEN6Vmo1MTFBbVpUVDRRTUNoNzFKOV9DS1NaMC1QbW1GQk8yNzU5RmhqbHk0M015VUtYTmplV3NvY1o4dXQyT3l1b3RCUzB4YjExVElYLQ?oc=5) · Dallas News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=21788 (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/28.json (key "21788", 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=21788
- 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