# TRUST
Chattanooga, TN · NCUA charter 24629 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/trust-24629

Who the members are: federal charter, multiple common bond, organized 1934, low-income designated. 7,617 members of 120,000 potential (6.3% of the field); checking penetration 56% (share draft accounts per 100 members); loans per 100 members 36.

**Verdict on the desk:** this could be *ordinary*. 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 | $140.4M |
| Members | 7,617 (-6.8% YoY) |
| Full-time staff | 30 |
| Net worth | $16.4M |
| Net worth ratio | 11.7% (p50 of band) |
| ROA (annualized) | 0.39% (p30 of band) |
| Total delinquency | 1.66% (p90 of band) |
| Net charge-offs (annualized) | 0.16% (p29 of band) |
| Loans / shares | 86% (p82 of band) |
| Cash / assets | 13.2% |
| Borrowings / assets | 2.49% |
| Net interest margin | 3.57% (p44 of band) |
| Operating expense / assets | 3.91% (p60 of band) |
| Vehicles % of loans | 18% (p18 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 45% |
| Third-party paper % of net worth | 53% (p57 of band) |
| Vehicle delinquency | 4.72% (p99 of band) |
| Vehicle NCO | 2.41% (p94 of band) |
| Repossessed % of vehicle book | 0.96% (p97 of band) |
| Real estate % of loans | 77% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 51% |
| Certificates % of member funds | 42% |
| Average share balance | $8,698 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 36% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $39,053 |
| Loans granted, annualized | $31.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $0 sold and retained. Sold in 1 and bought in 2 of the last 8 quarters. Shares 6.5% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)
- **repo signal** (`aq_repo`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | delinquency 2x band, repo signal, loans>95% of shares, 3rd-party paper>100% NW |  |
| 2016-06 | 3 |  | delinquency 2x band |
| 2016-09 | 2 |  | loans>95% of shares |
| 2016-12 | 5 | net worth falling, delinquency 2x band, charge-offs p90 |  |
| 2017-03 | 3 |  | net worth falling, charge-offs p90 |
| 2017-06 | 3 | delinquency rising | repo signal |
| 2017-09 | 5 | net worth falling, auto monoline |  |
| 2017-12 | 5 | loans>95% of shares | delinquency rising |
| 2018-03 | 5 | delinquency rising | net worth falling |
| 2018-06 | 2 |  | auto monoline, loans>95% of shares, delinquency rising |
| 2018-09 | 3 | repo signal |  |
| 2018-12 | 2 |  | repo signal |
| 2019-03 | 4 | charge-offs p90, repo signal |  |
| 2019-06 | 3 | net worth falling | charge-offs p90, repo signal |
| 2019-09 | 3 | repo signal | net worth falling |
| 2019-12 | 3 |  |  |
| 2020-03 | 4 | thin capital |  |
| 2020-06 | 5 | net worth falling |  |
| 2020-09 | 2 |  | delinquency 2x band, repo signal, net worth falling |
| 2020-12 | 4 | delinquency 2x band, repo signal |  |
| 2021-03 | 3 |  | delinquency 2x band |
| 2021-06 | 2 |  | repo signal |
| 2021-09 | 3 | delinquency 2x band |  |
| 2021-12 | 2 |  | thin capital |
| 2022-03 | 2 |  |  |
| 2022-06 | 5 | net worth falling, loans>95% of shares, leaning on borrowings |  |
| 2022-09 | 3 |  | delinquency 2x band, net worth falling |
| 2022-12 | 5 | delinquency 2x band, members leaving |  |
| 2023-03 | 3 | repo signal | loans>95% of shares, leaning on borrowings, members leaving |
| 2023-06 | 5 | delinquency rising, members leaving |  |
| 2023-09 | 6 | loans>95% of shares |  |
| 2023-12 | 5 |  | members leaving |
| 2024-03 | 6 | net worth falling, members leaving | 3rd-party paper>100% NW |
| 2024-06 | 4 |  | net worth falling, members leaving |
| 2024-09 | 3 | members leaving | delinquency rising, loans>95% of shares |
| 2024-12 | 3 |  |  |
| 2025-03 | 4 | net worth falling |  |
| 2025-06 | 3 |  | net worth falling |
| 2025-09 | 3 |  |  |
| 2025-12 | 3 |  |  |
| 2026-03 | 4 | net worth falling |  |

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

- 2026-04-15 [Why Are Federal Regulators Trying To Take Away This Credit Union? - Next City](https://news.google.com/rss/articles/CBMioAFBVV95cUxPdV9yeU1NUnFjU3VEb1hCYlJJMXJBektoVTZOUVppYXVCVzBCV05fbTJvUXNlTTdyMjBKc0tzWFZ6eWI4UkczUTh5SDRjMGpDREU2N0FEVEFhOHNXMmVxT1pYZkpuMTFkcC0xQ3BCOGluN2QtSXJuekdDbEItZnpsb3hDOXd1RGFoa3NvQVM0aTlsSG1uVGFYVjM0MnVIZWYt?oc=5) · Next City
- 2026-06-08 [From Oscar Nomination to Liquidation: Inside the Collapse of People Trust Credit Union - Arkansas Business](https://news.google.com/rss/articles/CBMimAFBVV95cUxNeXFZVngyRUM3ZnNmclhEWVZSX1l2TkdxdDdMVldmNVhqTDdGUlJwMENBWjNWWThPYVg3ZDJpQ0RlODZKQUxsSHhHTlVmdmZUWWR5QVJsUE9JY2I3VjVVVFQ3MjJvenBwWDJVSE1VVTNkYVZycVJzRkZ6NF9RZEdyNnNOSVJkblBIT09TZy1yQ0xGVVFGQTVTRg?oc=5) · Arkansas Business
- 2026-09-09 [SUBSTITUTE TRUSTEES NOTICE OF SALE - The Rogersville Review](https://news.google.com/rss/articles/CBMixwFBVV95cUxOMHN4dElRaU9YdFJReFdUQ0ZlTTg5NDJoSkJYcV9Tb3pfbjMtWWlqdkpkRkFHOTZyU29INzdKaE5ZOTdycFEwbkhwdUlTNnNGUkJETWhCM0VjclZqT2YxeFF0UUlmc2tkT0FBdzRDZlhDWjN3N1JuS3JWQ2QzSDZJbkRFNFdkaGU1WUZ1dzV0MzhSUkFMR2RFdUdNb1N2UThtVzUzRlRnX25aX1pDUU9JVDVZSldNLU00MEttUXFFcGhXS1RSRFFV?oc=5) · The Rogersville Review
- 2025-12-29 [Carolina Trust Federal Credit Union proudly appoints system administrator - CUInsight](https://news.google.com/rss/articles/CBMitAFBVV95cUxOcFAtNjloRnBXMk4tSkJXZ09kLWVDZTNhVE02QmdBaUpBcnJzSUNnWmtLMFl2Q2ZFMVFmT0ZEY3pGUHc4Rnk5cWREcHRRNEdLa0FxSWpqaUloR1U3VUFzYnZKRVM0bU9XZW9mQ29BZmhtR0hrek5RV1ctNUlINUFRb203TUxlbldhV3hXWm1xUHlIbHhNNnZGWGN6SF96QW1UVWlFNVFHeG0wckpGV0NwRmlvcG8?oc=5) · CUInsight
- 2026-07-30 [Arizona Financial Credit Union, Built on Trust Since 1936, Bets on Creatio’s Agentic AI to Deepen Member Relationships - EIN Presswire](https://news.google.com/rss/articles/CBMi9gFBVV95cUxQNW9mRzNFVGg2dVI4NlpadDBjQ2NwcUN1ZXRoSnJMVUNSYWlPVXhZVlRRSjFNd3NrbURrejRTU3VOcE1RSFN4Zm1IREhZRHBmRjlPWjR2V3pkbjdvU1BoUVNNWGNmZi05d0RLQnIydXZGQk81TVVDM1NWNzFUTVV2cjRRWkxjZUFiRGdHemZsSkRkNTF1ZnNxSzF3VEdfTURIOHNSNjc4UExRUFNWN1Jnc3l4ekQteU83V0dKTEpWc0VHQkNQeEdqWUhNNXBBRFFnMEtpYzQtbG1UOENzYzJTN3RxVFZsNlZwWkxzZS1ZazRpWUZNY2c?oc=5) · EIN Presswire
- 2026-07-21 [The Community Organizer’s Community Development Credit Union - Next City](https://news.google.com/rss/articles/CBMimgFBVV95cUxPWC1QUGVhQUpqZUxXRXJoZnNlVDg5T0hoU0dab0dIOURlYzFBV2V5V0hxMDRKcXZ4eGRJaFY2OTRYUm1MZUlpMWFSOXdtYUVaYktmdjROQlRlSHVkSko5eGROcUhEdHNLamV3dXA5YzVwcXIycTdOYndYT2gydmo2V05fQjZ6Y0JFRnYwbmJUaU9lTWFDTDdjNlZn?oc=5) · Next City
- 2025-12-08 [Marquis Software Solutions Under Investigation for Data Breach of Over 780,000 Financial Records - Schubert Jonckheer & Kolbe](https://news.google.com/rss/articles/CBMickFVX3lxTE1vZVQ4bU5jSFVZOGJmZmVqbDJWLXBOcHcxWUZISVE3djVZZVM4ZHFaRTdFTk9vMGptMU5fY2NjMmNRRlRSX1BHVEJ6VjdDeHlSNEZIeTNYU2VoYVRaaDZqT2otMUJvaEROYWx3OWdlQmdIZw?oc=5) · Schubert Jonckheer & Kolbe
- 2025-10-07 [Altra Federal Credit Union holds groundbreaking in Sango for 3rd Clarksville location - Clarksville Now](https://news.google.com/rss/articles/CBMiuwFBVV95cUxPY252RzU3VXpWTmktbzl4RzRtc0k5aDZNekRFaHFqUHFJWmNPa1BoVmQwT09GNHVPaGUtTzR1ZU50MnM3TTMtZjhFaUxHVkxNd2VDM2ltdzZjazgxQWdCWUZYZGpvUXBkd1lJVkFaU0cwX2Nzb3d5d1BURGNGaEowUlNNVkVYUWNGZDJVd0FlN19kdmtaSDdiT2ZLRTM0dmpYUjdIMlp2QXdYc1A0bFMxVGI2UG1FY09CU293?oc=5) · Clarksville Now

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24629 (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/53.json (key "24629", 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=24629
- 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