# WOODLAWN
Pawtucket, RI · NCUA charter 24714 · asset band <$50M · latest filing 2023-03 · stopped filing after 2023-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/woodlawn-24714

Who the members are: federal charter, community charter, organized 1930, low-income designated. 1,533 members of 650,000 potential (0.2% of the field); checking penetration 8% (share draft accounts per 100 members); loans per 100 members 13.

**Verdict on the desk:** this could be *stressed*. Composite score 11 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $11.9M |
| Members | 1,533 (-20.2% YoY) |
| Full-time staff | 0 |
| Net worth | $420,287 |
| Net worth ratio | 3.5% (p0 of band) |
| ROA (annualized) | -6.26% (p1 of band) |
| Total delinquency | 26.36% (p100 of band) |
| Net charge-offs (annualized) | -0.05% (p15 of band) |
| Loans / shares | 42% (p31 of band) |
| Cash / assets | 26.0% |
| Borrowings / assets | 2.51% |
| Net interest margin | 6.14% (p98 of band) |
| Operating expense / assets | 13.21% (p99 of band) |
| Vehicles % of loans | 28% (p15 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 12.67% (p99 of band) |
| Vehicle NCO | 0.00% (p37 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 72% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 0% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 94% |
| Certificates % of member funds | 5% |
| Average share balance | $5,667 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 13% |
| Loans granted per 100 members, annualized | 0% |
| Average loan balance | $24,180 |
| Loans granted, annualized | $0 |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, delinquency 2x band, repo signal |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 4 | losing money |  |
| 2016-12 | 7 | capital below 7%, net worth falling |  |
| 2017-03 | 7 | members leaving | losing money |
| 2017-06 | 5 | losing money | delinquency 2x band, repo signal, net worth falling |
| 2017-09 | 6 | delinquency 2x band |  |
| 2017-12 | 8 | repo signal, assets shrinking |  |
| 2018-03 | 8 | net worth falling, delinquency rising | losing money, repo signal |
| 2018-06 | 5 |  | members leaving, net worth falling, delinquency rising |
| 2018-09 | 6 | repo signal |  |
| 2018-12 | 2 |  | capital below 7%, delinquency 2x band, repo signal |
| 2019-03 | 5 | capital below 7%, repo signal |  |
| 2019-06 | 7 | net worth falling, delinquency 2x band, auto monoline | repo signal |
| 2019-09 | 6 | members leaving, loan book shrinking | capital below 7%, net worth falling |
| 2019-12 | 6 | capital below 7%, losing money | assets shrinking, delinquency 2x band, auto monoline |
| 2020-03 | 10 | net worth falling, margin squeeze, delinquency 2x band, delinquency rising |  |
| 2020-06 | 8 |  | loan book shrinking, delinquency rising |
| 2020-09 | 8 |  |  |
| 2020-12 | 9 | loan book shrinking |  |
| 2021-03 | 8 |  | loan book shrinking |
| 2021-06 | 8 |  |  |
| 2021-09 | 5 |  | losing money, net worth falling, margin squeeze |
| 2021-12 | 5 |  |  |
| 2022-03 | 5 |  |  |
| 2022-06 | 9 | losing money, delinquency rising, assets shrinking, loan book shrinking |  |
| 2022-09 | 9 |  |  |
| 2022-12 | 10 | net worth falling |  |
| 2023-03 | 11 | expense trap |  |

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

- 2026-03-13 [Gloria N. "Ferri" McHugh Obituary (2026) - Cranston, RI - Woodlawn Funeral Home - Cranston - Legacy obituary](https://news.google.com/rss/articles/CBMiggFBVV95cUxNdHFsdHVQN0ZhQ3B0MTFHNHpHMmpPbjJwS1FKRVoyYVRleXBNVDJlNWtFTHNFaXFWRURpRHc0UTYyRXFjbVlZR3FQZlBScXNsSXJHMTVHNFJJM1JBcHY3QlcyZ0huXzNVbXdNNk1jelNqd080NjM5Z25TdjZmQWg5d1lR?oc=5) · Legacy obituary
- 2023-11-08 [PCF Development acquires Woodlawn Credit Union properties for affordable units in Pawtucket - valleybreeze.com](https://news.google.com/rss/articles/CBMilAJBVV95cUxNOEoyajBUZzdvNVBNNlVmNk5BV0d4VTdlaGdhdlNOMW52ZlRXSVJrYUxBTnJxV2FJSzctVThlM1EyMWxkMTFJdjdNbmVCMjFCM19qOTJ3UHl3OGxkSUZXdjluVVh1RzFnM2V1eTItSThUZjJBUXlFR0Z3am1EZ3dXUXlQUkIyVzFDVzVJS1hDdkduMzc3WUktTXQ0NWMwdnJlLTJ2RERyMW5tS21fel8wejlWV1ZSbmxwOVVRZmduazFMcTJIUzFnZ010QTF5dDJWRGVHQ3c3eFRVazNwdVFzTktfS0d4Y0xMRFdxRkV1YnpIYjd6UFBFMnJ3VktXR3pqUExLV2RuSkJfMFprbW9fSWJROHo?oc=5) · valleybreeze.com
- 2024-04-01 [Rhode Island Government Failure: RISDIC - Collapse of Credit Unions in 1991 - Go Local Prov](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQNFI0MkhFcmxyTHNpc1hFTnpNamZIN0Z2Z3ZtdDdvMGhRTTZBMXRZNjR1TVNsNFJMdDNXRXN0SlAtNWpyZjh2R0U2b0VaUnJSMmVqNkZiOWlNYkd5aXdoanRFV3k3cFNqRGdadnI1OWtmWGI2Y2o2RjNMZ1JLeUJ4ZWZJYk1EM3U0V3pLcy1uQVoyU09DRGVKQmtsSEhDYWlWTWtPOUJndWY?oc=5) · Go Local Prov
- 2025-08-21 [Obituary for Elizabeth A. (Cipolla) Salzillo - woodlawnri.com](https://news.google.com/rss/articles/CBMiZEFVX3lxTE1MUmxQckpqamJ4UlBTaVJFV2lkOGxoY2RlMW5IdnROOG9yUGFGQmhjbVNWWnlLZEhRRC1xVnlxcFJGenVOUjRWQjB0SGgtV2d3MHF4V3l6UG5GRm5XWkhpN2xVWUU?oc=5) · woodlawnri.com
- 2015-06-01 [Secrets and Scandals - Reforming Rhode Island 1986-2006, Chapter Thirteen - Go Local Prov](https://news.google.com/rss/articles/CBMipgFBVV95cUxObmxLNFpMUUhiMGt6QmZCVjNuYkY3TU9IYkR2MndNbndYZXNSYkd0eWpTSElCaWpKb1RRa2oyMVdpSDhLSTQxV3VaRVI4LXJnN3NxUUw4UGRJcEZFOGQ3UENndE1wV0NHY1dKeVpWY2hmWFpuMGNOUmVxNkdWb0FLbWJNSjlybHZ1V2d0U0RKRjFOblpoQ1Y1eTJBcTJjdFliSmJONDNB?oc=5) · Go Local Prov
- 2018-11-02 [Obituary for James L. Noonan - woodlawnri.com](https://news.google.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?oc=5) · woodlawnri.com
- 2024-06-19 [Gloria S. Lennon Obituary (2024) - Cranston, RI - Woodlawn Funeral Home - Cranston - Legacy obituary](https://news.google.com/rss/articles/CBMiggFBVV95cUxONVg0TzFnUFQtRHlhOXQ0NElPcUhRVG1Va0NOeFRQMTBWSnBhUGNZdkFLd294R0oxbzlVM2hsMF9rRnVzSkpsQVNSLVJCc3RGYXhORlBFbFRLVE9JTldJNC1TTW1OZG9tc01oLVBfZ0lMYXFPU2RxT2JKYV9kN1BRb1lB?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24714 (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/10.json (key "24714", 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=24714
- 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