# MTC
Greenville, SC · NCUA charter 22520 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/mtc-22520

Who the members are: federal charter, multiple common bond, organized 1976, low-income designated. 15,990 members of 908,659 potential (1.8% of the field); checking penetration 77% (share draft accounts per 100 members); loans per 100 members 92.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $299.9M |
| Members | 15,990 (-1.8% YoY) |
| Full-time staff | 83 |
| Net worth | $38.5M |
| Net worth ratio | 12.8% (p70 of band) |
| ROA (annualized) | 0.06% (p9 of band) |
| Total delinquency | 0.92% (p75 of band) |
| Net charge-offs (annualized) | 0.47% (p60 of band) |
| Loans / shares | 75% (p51 of band) |
| Cash / assets | 10.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.06% (p79 of band) |
| Operating expense / assets | 4.91% (p92 of band) |
| Vehicles % of loans | 33% (p50 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p9 of band) |
| Vehicle delinquency | 0.89% (p71 of band) |
| Vehicle NCO | 0.73% (p55 of band) |
| Repossessed % of vehicle book | 0.16% (p81 of band) |
| Real estate % of loans | 32% |
| Credit cards % of loans | 9% |
| Unsecured % of loans | 12% |
| Commercial % of net worth | 81% |
| Core shares % of member funds | 42% |
| Certificates % of member funds | 31% |
| Average share balance | $7,577 |
| Participations bought / yr | $10.9M |
| Participations sold / yr | $0 |
| Participations outstanding | $26.2M |
| Loans outstanding per 100 members | 92% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $13,138 |
| Loans granted, annualized | $81.9M |

## Participation posture (from the same filings)

Bought $10.9M and sold $0 in the latest annualized quarter; $26.2M outstanding purchased (68.1% of net worth), $5.0M sold and retained. Sold in 3 and bought in 8 of the last 8 quarters. Shares 10.7% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **expense trap** (`earn_opex`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | expense trap |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | repo signal |  |
| 2016-12 | 1 |  | repo signal |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | net worth falling |  |
| 2017-09 | 1 |  | net worth falling |
| 2017-12 | 1 |  |  |
| 2018-03 | 0 |  | expense trap |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | expense trap |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 | net worth falling | expense trap |
| 2020-06 | 2 | margin squeeze |  |
| 2020-09 | 2 | expense trap | net worth falling |
| 2020-12 | 1 |  | margin squeeze |
| 2021-03 | 0 |  | expense trap |
| 2021-06 | 1 | expense trap |  |
| 2021-09 | 2 | delinquency rising |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 | net worth falling | expense trap |
| 2022-06 | 3 | expense trap |  |
| 2022-09 | 2 |  | net worth falling |
| 2022-12 | 1 |  | delinquency rising |
| 2023-03 | 3 | losing money, leaning on borrowings |  |
| 2023-06 | 2 | net worth falling | expense trap, losing money |
| 2023-09 | 2 | expense trap | net worth falling |
| 2023-12 | 1 |  | expense trap |
| 2024-03 | 2 | delinquency rising |  |
| 2024-06 | 0 |  | leaning on borrowings, delinquency rising |
| 2024-09 | 1 | delinquency rising |  |
| 2024-12 | 3 | expense trap, members leaving |  |
| 2025-03 | 5 | delinquency 2x band, assets shrinking |  |
| 2025-06 | 4 | net worth falling | delinquency 2x band, assets shrinking |
| 2025-09 | 2 |  | delinquency rising, net worth falling |
| 2025-12 | 1 |  | members leaving |
| 2026-03 | 2 | net worth falling |  |

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

- 2024-06-17 [MTC FCU Teams Up with Mahalo Banking to Enhance the Member Experience - Finovate](https://news.google.com/rss/articles/CBMilgFBVV95cUxNTTk1OE53bWN5QW9ONHlIX2d6cEMtZVA1Y045V2xvdXJKM201THFnV1AxTWF1dlZSakRnSVhuZjBRTnhQSExzYW1PZ2xRMVQtZU9VcXc4cXJDMXBmeHNCeTFnbkYxVE1lTDkyS0ZrcUhUZjdIVHJwLUFnSDdQcHp0Q2M0M1k5TFQxbXo3S3gwMWlRQTlhRlE?oc=5) · Finovate
- 2026-02-25 [Upstate SC credit unions participate in Habitat Greenville build - Greenville Journal](https://news.google.com/rss/articles/CBMiswFBVV95cUxQMzZPNFV4UGIwXzliNU5sM1NiUU5BRVZNQkdoRnBWeUUzQ29rQTktRnozbV9BS3Y2TWtXWkcybV9RaWZIQnEyN2NfS1hic0VpRWpYanRkQkhVZGEtb2ZLMmZJbFFoVkQ5X09RWHNtMk04MUFoX3cyVTc5WjFqYUlYUnR4QkI2SW9uOHAwN05GdlZ0VjNFQ3lvUEMxWWZWOWw0WklkWmFFaVQxRXBWTmpsN0wzMA?oc=5) · Greenville Journal
- 2025-04-23 [Robert F. Dozier, Jr - SCBiz](https://news.google.com/rss/articles/CBMiYkFVX3lxTE94VHhfVW8tQTNYa1VGVWxKMlRvZHdSaHZtM0hGS1ZySlRVS2l1NmFJd0FTeFMxeXRIMXFYcHZoRzJpRk9melptcS1DX1lLclh4b08zTHZ0VlF6UWEzbFdEMndB?oc=5) · SCBiz
- 2026-07-27 [SCTAC CEO Honored; Symphony musicians take a bow -- In The Know - Greenville Online](https://news.google.com/rss/articles/CBMi1AFBVV95cUxQZkdsOHJkYXJ3TnRXV0lYNlVVVlZkR3lMbFFJMUlDOG1UaFhHd2VvREJZemlpTkhjR202WEdFTTI2ei1iYW05VHNjbVpHdVJrcENiNW9yN3hVd1U0Y25hdF9kTGtvTmZQemZvVERST3RXOEVnU2N2Q1czQTNBa2NZM0ZDNlE3alhSNmpQQ3VScXFBTTM5Rl9WTVlkZFE1RmxGVm53clloVDVteHhMaGhIX0dxU1NLUm15Mko4SjBkdUR6cDRpc3ZGRVppZTE5T195V2h5Mw?oc=5) · Greenville Online
- 2025-10-13 [‘Narrowing window to lock in.’ This limited-time CD offers 6% — plus 8 more of the best promo CD APYs of October 2025 - MarketWatch](https://news.google.com/rss/articles/CBMi6gFBVV95cUxQOTFoOGtPNldEWXF5anB5aS04MGZ4R1hfVHh0WS1hM2Frd3hqbzV6Y1NzankzRng0X0pvZldtT3o1eE54QjJ0azcyLXExWW1NWVl0M1RuYWxPNG9IeC0zMHVEak1fWFlmVldxaGhhT04tRE9mem8yUXgyQi1zeHFjVW5rWlJmdTRDV0pTd0VpQzhQNjlja2NOVUtPazFoQmlkU0p2cnR4QkpiQnJBMmpBU0xpdHJDUjNCek13dHFwcTExT052QXJHSGw5c2l0YXFiN3dzTXpxSWpoMF92TDFoMjdEYThWQ05xaVE?oc=5) · MarketWatch
- 2025-04-23 [Justin Hawkins - SCBiz](https://news.google.com/rss/articles/CBMiXEFVX3lxTE9fVlNjTFlQaEx5aVp1aVVFcXZWTGdnN1JsM2ktUDRVYjZob3dYaTlLWjBhMnVYaU1abUxaNWM0aEhuYmZsQWF3TG1PeS1PRE0xTzBZUE1WLVZBZGhV?oc=5) · SCBiz
- 2020-02-29 [Best 1-Year CD Rates for September 2026: 4.36% APY Still Available - Investopedia](https://news.google.com/rss/articles/CBMiaEFVX3lxTFBWdHhPbWJzNDJGd2pXNGZ2Y0wwSWlibkFqU1BJV21xNk04a1RKdlNFUXdCa3gzUGVoUlJHaWo4ZXdjeUxVdGpGSC1tcXo4VHNkekVuSDd5LTZOMHJIdG1QY0FxWjdqXzBa?oc=5) · Investopedia
- 2023-12-27 [Frances Faye Hightower Hood Obituary (2023) - Anniston, AL - Anniston Memorial Funeral Home - Legacy obituary](https://news.google.com/rss/articles/CBMilAFBVV95cUxNTHZBckxZQU44aFJTVlMtaHFlb1ZFUGJ3d0NFUzE0ek9xdHJrZ1owMHJPd3h2eDE3RTRzNlBtTjd5RHhoMklfLW5OMkktdEJoZDE3c3dGMEw4VGtDdHo2S25pNGp5dXFhRGtWSTRYM2ZYU00tMHJfQi1UR3NwWWdsTm8xUXA0QWZQYU1CVG0tekdXdFM0?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=22520 (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/56.json (key "22520", 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=22520
- 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