# SRP
NORTH AUGUSTA, SC · NCUA charter 24410 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/srp-24410

Who the members are: federal charter, community charter, organized 1960, low-income designated. 201,844 members of 677,874 potential (29.8% of the field); checking penetration 66% (share draft accounts per 100 members); loans per 100 members 36.

**Verdict on the desk:** this could be *fortress*. 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 | $2.08B |
| Members | 201,844 (2.6% YoY) |
| Full-time staff | 401 |
| Net worth | $280.2M |
| Net worth ratio | 13.5% (p88 of band) |
| ROA (annualized) | 1.22% (p83 of band) |
| Total delinquency | 1.17% (p87 of band) |
| Net charge-offs (annualized) | 0.93% (p82 of band) |
| Loans / shares | 80% (p34 of band) |
| Cash / assets | 13.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.52% (p97 of band) |
| Operating expense / assets | 4.41% (p94 of band) |
| Vehicles % of loans | 25% (p45 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 2% |
| Third-party paper % of net worth | 17% (p16 of band) |
| Vehicle delinquency | 1.65% (p93 of band) |
| Vehicle NCO | 1.31% (p67 of band) |
| Repossessed % of vehicle book | 0.16% (p73 of band) |
| Real estate % of loans | 30% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 156% |
| Core shares % of member funds | 78% |
| Certificates % of member funds | 19% |
| Average share balance | $4,789 |
| Participations bought / yr | $40.6M |
| Participations sold / yr | $0 |
| Participations outstanding | $214.6M |
| Loans outstanding per 100 members | 36% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $19,611 |
| Loans granted, annualized | $459.1M |

## Participation posture (from the same filings)

Bought $40.6M and sold $0 in the latest annualized quarter; $214.6M outstanding purchased (76.6% of net worth), $0 sold and retained. Sold in 0 and bought in 6 of the last 8 quarters. Shares 5.6% year over year.

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, expense trap |  |
| 2016-06 | 1 |  | thin capital |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 0 |  | expense trap |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | expense trap |  |
| 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 |  |  |
| 2020-06 | 3 | net worth falling, margin squeeze |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 4 | delinquency 2x band, delinquency rising |  |
| 2021-03 | 3 | net worth falling | expense trap, delinquency rising |
| 2021-06 | 1 |  | margin squeeze, net worth falling |
| 2021-09 | 2 | delinquency rising |  |
| 2021-12 | 1 | charge-offs p90 | delinquency 2x band, delinquency rising |
| 2022-03 | 0 |  | charge-offs p90 |
| 2022-06 | 1 | expense trap |  |
| 2022-09 | 2 | delinquency 2x band |  |
| 2022-12 | 2 | delinquency rising | delinquency 2x band |
| 2023-03 | 3 | delinquency 2x band |  |
| 2023-06 | 1 |  | delinquency rising, delinquency 2x band |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | delinquency rising |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 1 |  | delinquency rising |
| 2025-03 | 2 | net worth falling |  |
| 2025-06 | 1 |  | net worth falling |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | delinquency rising |  |

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

- 2026-07-29 [SRP Federal Credit Union meets people where they are with mobile branch in North Augusta - Post and Courier](https://news.google.com/rss/articles/CBMi7AFBVV95cUxNU18zVGtYVEJEWEhvZmp3TzdRYkdHaUU0eTlScjFIazdYQVNuS0hlaGJITHQ1QjdIV1JjUXNmV1RXNl9PM0hyMkxiT0tkbVM1SUpOcHBSUGgtUk54V2FDTEx5enA0T0h4c2hBOTlLcXFOTE9mTEFfRC1kTFlrT0lqZjVLcW1tUXdsQ1dxemtUeElCSDRqTUsyNnVnMldJMmJHUXcxV0p4M3VpQlBuNkhISlFtSWtrTElKakhaUzkwd29zUWZhS0x1aGZQNTBTUTFRZDFlZkMydTBOSWJsZlYzLVNCWmRVNlJqcE9LRA?oc=5) · Post and Courier
- 2026-02-23 [Allendale SRP Federal Credit Union now open - WJBF](https://news.google.com/rss/articles/CBMiekFVX3lxTE1QdEpkNC14QTZKWXY0ZHlIdS1rRlR6aTRkZlJYTTlwY0ItOC1VenJPS2xXMGxWS0NKWTQ1RVI2ZzJvaV85eDJBUVBBSzBmeVFVVFd6WmhWZlBMLTBDak0wd0MtM3Vrel8xMTV3ZzZIR0NDcXlKbFBhV3Fn0gF_QVVfeXFMTy15YkhVSGVNVXpHNjkyYmlHS0hzd3p4NnNoYkJIY3JneWdIczQ2ZWtwWmxSN3JfemYzR0E0aHl4SmY3b2c4aC1rdF8tS01qampnVjRMSENFd2xoVmEyc3Jhbm9YNk04ZDNRUWdoMS1FNVZlMWswaTB6TUR4aW4taw?oc=5) · WJBF
- 2025-11-14 [SRP Federal Credit Union Faces Renewed Lawsuit Over Ransomware Breach - CUTimes](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNOEgxbk9OMThJaHRxT2Jsc1dEakxxSkMyZDJMcUdRQkl5X0E3YzdTRXpUVkJ3RVpCbkpKQjYyeEpUNWszNTJsWXhYSDc1b1hlSHZ2THA2T0NOZGlRUE5HYzlzWUtrd29WTGxVNGV1bDdfUkpQNjgxeEROall5Yk9pYndwZDBKLTBmNThNck5JUndtMnlXT2k1eU5IdlliWTh0Tkk3RGJpVmo?oc=5) · CUTimes
- 2026-04-08 [SRP Federal Credit Union securely disposes of nearly 9 tons of paper at annual 'Shred Fest' - Post and Courier](https://news.google.com/rss/articles/CBMimgJBVV95cUxNU2g2bUo2NTdnMDdlN083UHZHQW1QTnU4RkU1THd0SzFmdW0tQ1JFQ1pLYTZydDNDZUFaSU1TR3ZGMndJNWhQZzQtVFBjNGxxREpkY2JqWFFCU1lxMU9kRmZ3emdnam5tUUE4MmdEYmFrelRfT2dyVzRxdkhielk2QjI3NWJuYUlHOWEwTVVFLUxUTUFadWlQTGV4bDJNZmQtTHZWVFNpaWFNQ1Q4a1o1Zk9YX0ZsWGo2c1YxQktzWEpiczdJcy1MbldQb3RfeUZ2MGFScEpkZ0sycTNhNmREY3BnZzVqeERIWnFPd3I5YnBkUFUzVi1iVURLMTYyMUtQczlTbkxMZHhGWk1JZ2t1RGY0WXIxYk1SdXc?oc=5) · Post and Courier
- 2024-12-13 [South Carolina credit union says 240,000 impacted by recent cyberattack - The Record from Recorded Future News](https://news.google.com/rss/articles/CBMicEFVX3lxTE5NQlBrOHpDZjhOMlhDNEk2WTU3a3VmQnN1ZzdMMndaY3hhTER5RGtDc2pqX1U0VnFOWjVWNkRtRHhtdGVhUXQ1NmI4a1FZZzA2WjlHbTNBQ1NJTmp6bWFJaDBlSU9GaXMyb0tjNFlzc04?oc=5) · The Record from Recorded Future News
- 2019-07-17 [SRP Credit Union opens Williston branch - The Augusta Chronicle](https://news.google.com/rss/articles/CBMizAFBVV95cUxOcUhMczdpQVRDQ0VNU0czMHl2VVI5VG9QWjd3ZWpZMG00UGsza2RibmxrdGRYR1JGdG92cGk1QXVBRkxRbFcxU3AtVFJUS3ZpdGVleGlXRGZOcW5INkZfVW5qNElwTzhzSnNHT09TWHRUdm9oOFZvMHBJcW5NNnk1SWoyeUdjbE9PS24yeWNweW5YMVpkUEFzWEN5bEk1ajFhMTQ4TF9LdU1xeWIxLUh4UGpIV0toWk85WVN5enNwb3JidnR1eGJjYTBuRGw?oc=5) · The Augusta Chronicle
- 2026-08-13 [SRP Federal Credit Union blood drive saves up to 147 lives - WRDW](https://news.google.com/rss/articles/CBMikgFBVV95cUxQNnlGTkoxaEhDaWd3bGxFWjVMYmhZLVNJS211d3JRZF9PWnBzTXJoZG4yQmlJanZlQmtSUjlFX2ZzbTNFRlA5Tjk4Vnd3ZXlkNTVJZmZPWEh2ZndWWTJ3eGdJYkdZVE53czdiLUxSX2ZWeEZTbWdFMjNsamJSNkdFSlRzc0pYb1RNbDdRU2JZUktfd9IBpgFBVV95cUxNeVlWSnFHeVBVVjhpQl9DN0FacWtQakRKZzhpLUx5TE9fNHRkR3g3SXI3SkNWU1Q2VWF2TThpQ1MzbkkwSjV4T0FKckt0cm1fM1NlenBkdC1YdGJ1UE9EUkswWlhIWUpsaVpIVVlzaU9RZVh5V25uOGxlV05zbWp0dzBuWUxOZUV3YzNLd1psdFp6WXV6VmNIN05FSVdBdnk5aVFkRF9n?oc=5) · WRDW
- 2025-12-23 [SRP spreads holiday cheer through 'Surprise and Delight' giveaways - Post and Courier](https://news.google.com/rss/articles/CBMi0gFBVV95cUxQVmdlQ1p6ZW9waTFOQzh3Q0xDRHQyLXFnMEc0UWh5bUlNeWVsTHY3LWM3SzBzV2JCM0NKTlVlS21lbW0zUlRoaXl2XzRwa1k3d0tnR0ZfbzM5OWNKX1lKZEdKcW1semo4WEhZWUg3UFR4ejNjdFpSWG9BR2xQck1Bc1ZMVmx4cGV6T2NvZE94V242eFM5NHp5cjQwQ3NvWjNPYS1DY01vWFZjOFhqZEVRdklWeF83Vlhscm45NTdYUzhTSE5FTlo1ajhwclFYZ1FRX2c?oc=5) · Post and Courier

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24410 (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/26.json (key "24410", 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=24410
- 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