# NORTH CAROLINA PRESS ASSOCIATION
RALEIGH, NC · NCUA charter 24140 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/north-carolina-press-association-24140

Who the members are: federal charter, associational, organized 1984, low-income designated. 1,291 members of 2,500 potential (51.6% of the field); checking penetration 58% (share draft accounts per 100 members); loans per 100 members 23.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $11.6M |
| Members | 1,291 (-1.0% YoY) |
| Full-time staff | 0 |
| Net worth | $2.2M |
| Net worth ratio | 18.9% (p70 of band) |
| ROA (annualized) | 1.61% (p87 of band) |
| Total delinquency | 2.76% (p85 of band) |
| Net charge-offs (annualized) | 3.62% (p96 of band) |
| Loans / shares | 29% (p12 of band) |
| Cash / assets | 76.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.00% (p19 of band) |
| Operating expense / assets | 1.74% (p7 of band) |
| Vehicles % of loans | 32% (p20 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p16 of band) |
| Vehicle NCO | 2.22% (p93 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 45% |
| Credit cards % of loans | 11% |
| Unsecured % of loans | 23% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 55% |
| Certificates % of member funds | 17% |
| Average share balance | $4,471 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 23% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $9,199 |
| Loans granted, annualized | $1.1M |

## Flags firing in the latest filing

- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | net worth falling |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 0 |  | net worth falling |
| 2017-09 | 2 | delinquency rising, members leaving |  |
| 2017-12 | 2 | delinquency 2x band | members leaving |
| 2018-03 | 3 | charge-offs p90 |  |
| 2018-06 | 3 | net worth falling | delinquency 2x band |
| 2018-09 | 3 | losing money | delinquency rising |
| 2018-12 | 2 |  | net worth falling |
| 2019-03 | 2 | repo signal | losing money |
| 2019-06 | 0 |  | charge-offs p90, repo signal |
| 2019-09 | 2 | charge-offs p90, loan book shrinking |  |
| 2019-12 | 1 |  | loan book shrinking |
| 2020-03 | 1 | delinquency rising | charge-offs p90 |
| 2020-06 | 4 | net worth falling, delinquency 2x band, charge-offs p90 |  |
| 2020-09 | 3 |  | net worth falling |
| 2020-12 | 5 | margin squeeze, loan book shrinking |  |
| 2021-03 | 4 | net worth falling | delinquency rising, delinquency 2x band |
| 2021-06 | 3 | delinquency 2x band, members leaving | charge-offs p90, loan book shrinking, net worth falling |
| 2021-09 | 4 | charge-offs p90 |  |
| 2021-12 | 2 |  | delinquency 2x band, members leaving |
| 2022-03 | 3 | delinquency 2x band, delinquency rising | margin squeeze |
| 2022-06 | 2 |  | delinquency rising |
| 2022-09 | 2 | assets shrinking | delinquency 2x band |
| 2022-12 | 4 | delinquency 2x band, delinquency rising |  |
| 2023-03 | 3 |  | delinquency rising |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 |  | delinquency 2x band |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 | delinquency 2x band | charge-offs p90 |
| 2024-06 | 2 |  |  |
| 2024-09 | 1 |  | delinquency 2x band |
| 2024-12 | 2 | delinquency 2x band, delinquency rising | assets shrinking |
| 2025-03 | 2 | charge-offs p90 | delinquency rising |
| 2025-06 | 2 |  |  |
| 2025-09 | 3 | delinquency rising |  |
| 2025-12 | 4 | margin squeeze |  |
| 2026-03 | 4 |  |  |

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

- 2018-12-27 [State Employees’ Credit Union acknowledges system glitch that caused balance inaccuracies - WITN](https://news.google.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?oc=5) · WITN
- 2018-12-28 [State Employees’ Credit Union customers complain of missing money from accounts - WAVY.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPNkhzQmthQnJVdFV1NGpIQWhNQTVWUzYwVGdKOWdyRWlXVnFtUzRsbjZRYkpaNjFpcTI0Ty1oT1JKVnZBR180aThvOVV5WHRnTm41R0lnM1gxQkJSS3c5S3NHQTI3TVAzc3BQYnh1NGVwVGJtYUNGSUZfVzVzUkFjQzlpdlM5MDF3MGNQaVlwZ0R2TC1WZ2hzdEI5MG1IQXB5clpMRXVkamzSAa4BQVVfeXFMTUxxdTFKVHA4Q3JXbTdDel9TMFF1ZHo2bV8zNjFiLVNrS3ROMTlBd0JtLVRtaTZJWHgzbk1oV1JybFh0X0R3cWhvMWVmMFlqbl91S1c0V1YwcEprYmZ3YUtRQWp0WFlISEx5ODRlalZJdGtQV3VPUUp1QWx4SHg3SUNXZkRVTkQ4SWdIWkwyM3FUbkV6dEZVUEFRbHppOVE2dmlUbUdpOG4tbHZKU2N3?oc=5) · WAVY.com
- 2026-09-06 [ABSS: Good news, for a change - alamancenews.com](https://news.google.com/rss/articles/CBMiY0FVX3lxTE1Bc3BFQ3JnSTJySEhLd2IyWUlqMUxSV3h4b0xSaXJvMkFmQkozMjhjb0JNMnlqVDRVc2I2LXYxc3lLdTNDLWtBUHBRSHUyZWljYWhJbjM4XzhzYjNVdkI1QTVoWQ?oc=5) · alamancenews.com
- 2019-09-27 [Credit union plans larger facility in EC - dailyadvance.com](https://news.google.com/rss/articles/CBMiygFBVV95cUxORms5UnNlaGM3cmRNNXZhc21FVXRzbjA3WHVYQUluaXYycmhUZUhEWFdwcklfaTRmRWZqMjFhWndFZm5KYTBpeWtpcUZaSnBoYVg4UHZkcXVULUpORlJWZEFvM1ExcGdWZm8xWTZkbV94SWZJY243a2xMY284cWZjMzFVQTZoT2RjbklRZHAxWl9UNXVjR2dJMzNNenJ0M09WajFTcHVnclgzM3c5YzRISXVLTi1mNzd2eE1nMGMtWUswR0g3bzQ3VHJ3?oc=5) · dailyadvance.com
- 2026-03-22 [Email & text discussions among Graham city council members appear to violate Open Meetings Law - alamancenews.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPWWdwQkdVNkpOckdpTkJjZkdjaXhoQ1R4RU9QdVY1Tkg0cXhKcVdEZFRleXZEcFZmNWZuYUZ0WG1QYVJUWWEyTHhhRDFyR0x6aUZIQjhkTE5FVnVydDhaMGxsUGFDei1GMzBjbmJxVTRqX0FZOTJvaDZjMUZhQ1l6cVBpOTlRcW1sV0Q4b3g2ZURaQ3hyLWQwUThJTnpjSHNfNHRVc2tOenhFOEE?oc=5) · alamancenews.com
- 2018-04-05 [A timeline of the Buncombe County corruption investigation - The Asheville Citizen Times](https://news.google.com/rss/articles/CBMixgFBVV95cUxPS1JaTjIya0RzQ2xUcElCcFNIQ2VvVEJLS3oyb1ZRa0ZsRHNsclhCMS0xeXJwNzlhMDFSendJYTdLaTJLalVLcVF2dVk5SVowM2xLY3Z4dk9fTk5TaERJNV9wVjUtbG85SUhrTVdmUFR2TFVNeTNONy1VOTVrdnczZERHZWJEcm5KN3ZRVmJIdE1iUWRuTkVTejdWY1lWbDZLNnFicUtuM2FtdGpxcGZvX19rMHlqNVBFd1NNR2UtM3p1TThXS0E?oc=5) · The Asheville Citizen Times
- 2026-09-06 [COMPREHENSIVE COVERAGE OF STATE REPORT CARD: most ABSS schools improve, but one-third remain on state’s ‘low-performing’ list - alamancenews.com](https://news.google.com/rss/articles/CBMi3wFBVV95cUxPTWJDYldiOGYwN3oxMUdjdjVsVTZCVHhCT1lmTFZ5d1JDVTdDU0Fjejl1eDFZaFFkQU9SV3lET2VNdmtPb0RrdXFaQWphWmtRUUdFUzMyeklVazlUWDZlRkxFRVZuOEl2dXdlNE5GV3hmeFpwUDlrekdJNHBROTNoSGQtM1YxWjJ4OG00ckZZN2lqOXRkQmo1VmhtSW1YVmNEc3Y2RHFTZGhNUFMzbFdwZjUxbUozQkMwWGlQZlVJWXFGVkc3WDJSUDZ6ZTUza3lNWG5ONmd5bWp2N3NlSEVF?oc=5) · alamancenews.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24140 (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/12.json (key "24140", 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=24140
- 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