# ALLIANCE BLACKSTONE VALLEY
PAWTUCKET, RI · NCUA charter 24645 · asset band <$50M · latest filing 2019-12 · stopped filing after 2019-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/alliance-blackstone-valley-24645

Who the members are: federal charter, community charter, organized 1948. 2,597 members of 400,000 potential (0.7% of the field); checking penetration 54% (share draft accounts per 100 members); loans per 100 members 33.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $28.9M |
| Members | 2,597 (-3.7% YoY) |
| Full-time staff | 6 |
| Net worth | $2.2M |
| Net worth ratio | 7.8% (p5 of band) |
| ROA (annualized) | -0.19% (p15 of band) |
| Total delinquency | 1.59% (p69 of band) |
| Net charge-offs (annualized) | 1.30% (p88 of band) |
| Loans / shares | 45% (p26 of band) |
| Cash / assets | 7.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.83% (p24 of band) |
| Operating expense / assets | 3.56% (p50 of band) |
| Vehicles % of loans | 45% (p34 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 60% |
| Third-party paper % of net worth | 144% (p97 of band) |
| Vehicle delinquency | 0.21% (p35 of band) |
| Vehicle NCO | 0.35% (p66 of band) |
| Repossessed % of vehicle book | 0.00% (p44 of band) |
| Real estate % of loans | 47% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 13% |
| Core shares % of member funds | 91% |
| Certificates % of member funds | 9% |
| Average share balance | $5,073 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 33% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $14,015 |
| Loans granted, annualized | $2.8M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **losing money** (`earn_negative`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, losing money, delinquency 2x band |  |
| 2016-06 | 4 | charge-offs p90 |  |
| 2016-09 | 4 |  |  |
| 2016-12 | 4 | 3rd-party paper>100% NW | charge-offs p90 |
| 2017-03 | 9 | net worth falling, delinquency rising, assets shrinking, members leaving, loan book shrinking |  |
| 2017-06 | 6 |  | delinquency rising, assets shrinking, loan book shrinking |
| 2017-09 | 6 | assets shrinking | net worth falling |
| 2017-12 | 5 | loan book shrinking | delinquency 2x band, assets shrinking |
| 2018-03 | 6 | capital below 7%, net worth falling | members leaving, loan book shrinking |
| 2018-06 | 6 | loan book shrinking | net worth falling |
| 2018-09 | 5 | delinquency 2x band | capital below 7% |
| 2018-12 | 3 |  | loan book shrinking, delinquency 2x band |
| 2019-03 | 9 | capital below 7%, net worth falling, charge-offs p90, assets shrinking, loan book shrinking |  |
| 2019-06 | 9 | members leaving | net worth falling |
| 2019-09 | 7 |  | capital below 7% |
| 2019-12 | 6 |  | charge-offs p90 |

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

- 2019-01-31 [RI Credit Union Merges With Alliance Blackstone Valley Federal Credit Union - Go Local Prov](https://news.google.com/rss/articles/CBMisgFBVV95cUxPWFB4Y0d0VFIzdVVvRGNMVHpZd0t0R3dycllyTUdBMGUtb3g5aWNfWU5Sd1dCY2pwRXFoMXBUUEFHTXBKeWQxd0dkRl9QeUw0aE5SVDNJSVV3bDVlQndPR1l3UVprcHB5QUYzX1JYRmRiMm1Hd2NpMy1SNGU3RklmZzNNQUk2WXhuMDZSSzlCT0cxNktXcDUwZWgwSGJDbGdvVDJGU2VmdGRyQWhabW5WQktn?oc=5) · Go Local Prov
- 2019-01-28 [Rhode Island merger in the works - American Banker](https://news.google.com/rss/articles/CBMimgFBVV95cUxQd0tiVFRPTlk5SndGR1ZLVVJldXZNcnlwLVRQeFhkWGdJVm5NZ0F6dE42XzR6dEFnOUhmbDNtd1MxRDlIbWdjWmd3RlZsVW42ajg1SlhTdkY3NzRMYzRkWnc4dTRvNmdFWnFTaDQ1X0VuSjljSkpSU2hpeXBOODhmamc3QmpCZ3FJeWRCNFFSaXZuZ0p0S1gwem5B?oc=5) · American Banker
- 2019-02-26 [Five Questions With: David B. Suvall - Providence Business News](https://news.google.com/rss/articles/CBMiYEFVX3lxTE9XcEhXOVNGY0l0RXFYUmRPQjd5NXpjM21POUlMU1JKVUxjSmJnWWhMTWdqRUhiZGpta3RqREUtRzBTRmtHOGlhYVlxcEltU3BRVVVOMTJmOGRaWjBTTVhTTNIBaEFVX3lxTE5LbXAya21YOVVqUzJCMUJxaGhqM0wwTWJzaW1fVUNpMXVVdUNNZXBoXzVrWWNsNmhhSmZtb1p6LWNxSnpuZ3JFZlA2TFFwU0VwblVfMTQxVjVuUTdZd3hreVhFTjJRUVkw?oc=5) · Providence Business News
- 2020-04-16 [Richard A. "Rick" Petrella, Sr. Obituary Apr 16, 2020 - Nardolillo Funeral Home](https://news.google.com/rss/articles/CBMiakFVX3lxTE1hMUFhd2tyaXdXOUJIRVI4Uk5hUHFWeHUzRkxxT3pUZ3J3RWNkbk5zazJSMmVzYTYtbDFHdFgzR0N6b3lDdnl1TmE1SENoNjAyeGJ2T3EyMWlfaUhHdkh4WVJmMmdObmVnTHc?oc=5) · Nardolillo Funeral Home
- 2019-04-12 [Ex.-Sen. Doyle gets 2 years for kiting checks - The Providence Journal](https://news.google.com/rss/articles/CBMi7AFBVV95cUxPQVZ0cDdLWDNfWHB6R1hCMzZId3J0TGlRcjRTV1JhOGRmUmxKVExtZnIxWmM1cWV3QzRWNHYxTVY5MkdnNHVFZlhuVlpiOGxfRm0ycER6eldxWVhWNDJKWndveG5aZEVjN0x0UTZPUTBVRXpSZndlOHU5UE5MNFgya25KeWV3UHhNNTA3LWdZZnVsdFVYc1VYblU0Tjdtemw3SEc0VDh1dEVLWERDSEU1eXdCMHAzZ05SM0UzVm9WMmVCNDh0UU5IQXNuamVlSFZ6R1R6TGNOR2psZGUxUDdpN1pQdG9Rb2lDWkZDYw?oc=5) · The Providence Journal
- 2018-09-28 [Former Pawtucket Sen. Jamie Doyle Pleads Guilty to Bank Fraud, Tax Evasion - The Public's Radio](https://news.google.com/rss/articles/CBMirgFBVV95cUxQWUJaVnRSRE1NVmEyc0NYcS1MSzdwcUw0UHdDVHFueGpOck96ekJkbWYzY0J4TW4xUWJJRkhaSGxNUWQ0RkhkdjFMdlJVMXBnSGRlWi04VzE5TGd5SGs0ckNOYVFqTV8yQ1NlY3hSaXVPUWRFS0RnYjhscUdrMUM0TU1kN0R1UVVqMUZ2NWlQeE43X1ZYZ2l1NjZndlk3WjNkRW1IdVhMT2pqdmZHbUE?oc=5) · The Public's Radio
- 2019-04-12 [NBC 10 I-Team: Former RI senator sentenced to 2 years in federal prison - WJAR](https://news.google.com/rss/articles/CBMinwFBVV95cUxQZk5Sa205emtoZnFzNkI5MVNVY3pDMlhiWk9kbjNXZktGWVZZaFg2aHk1QzZiRWY3SERlbmlEcjVnY1JZQllBRDlSckNSSHZkR01mMjh2QVNrbTcxOEhQdWZXUlNaM3lhNko1c1BkWkNvWHFSRkVoNmRmdzRfeFNsZFR3QXVyakcxNkJ4cnVJUElDbXpVakRSOTJYTWpoa00?oc=5) · WJAR
- 2018-01-03 [Greenwood Credit Union, Warwick, RI, Hires Robert DaSilva As Vice President of Retail Lending - Providence Business News](https://news.google.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?oc=5) · Providence Business News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24645 (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/5.json (key "24645", 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=24645
- 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