# COMMUNITYWORKS
GREENVILLE, SC · NCUA charter 24856 · asset band <$50M · latest filing 2018-09 · stopped filing after 2018-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/communityworks-24856

Who the members are: federal charter, community charter, organized 2014, low-income designated. 1,492 members of 450,000 potential (0.3% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 27.

**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 | $3.1M |
| Members | 1,492 (21.2% YoY) |
| Full-time staff | 2 |
| Net worth | $184,403 |
| Net worth ratio | 5.9% (p1 of band) |
| ROA (annualized) | -6.93% (p0 of band) |
| Total delinquency | 9.65% (p97 of band) |
| Net charge-offs (annualized) | 6.35% (p99 of band) |
| Loans / shares | 91% (p89 of band) |
| Cash / assets | 16.3% |
| Borrowings / assets | 6.48% |
| Net interest margin | 8.81% (p100 of band) |
| Operating expense / assets | 7.58% (p97 of band) |
| Vehicles % of loans | 92% (p99 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 10.10% (p98 of band) |
| Vehicle NCO | 7.53% (p99 of band) |
| Repossessed % of vehicle book | 1.94% (p100 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 18% |
| Certificates % of member funds | 64% |
| Average share balance | $1,334 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 27% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $6,674 |
| Loans granted, annualized | $1.8M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **repo signal** (`aq_repo`)
- **leaning on borrowings** (`str_borrowings`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 5 | expense trap, delinquency 2x band, charge-offs p90, leaning on borrowings, auto monoline |  |
| 2016-06 | 6 | repo signal |  |
| 2016-09 | 5 |  | repo signal |
| 2016-12 | 7 | net worth falling, losing money |  |
| 2017-03 | 6 | repo signal | delinquency 2x band, net worth falling |
| 2017-06 | 5 |  | repo signal |
| 2017-09 | 7 | net worth falling, delinquency 2x band, repo signal | leaning on borrowings |
| 2017-12 | 7 |  |  |
| 2018-03 | 8 | leaning on borrowings |  |
| 2018-06 | 8 | delinquency rising | net worth falling |
| 2018-09 | 11 | thin capital, capital below 7% |  |

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

- 2019-12-18 [Turbine Federal Credit Union announces merger with Self-Help Credit Union - upstate business journal](https://news.google.com/rss/articles/CBMiwAFBVV95cUxQMF9Qbzk0c04xbzNLTE1WUTJxVGR3dS1HS1NnY2o3SGJ0R0lTSElEcThRSUxCVEQ3c3Q1WVNQalAtVnlOaXFaSm9xRk9DbmRsM0t3UXBlU3k0dDUxU0VWdHpYbW9ycDhNOUJrRm5EUEdBc3VfSFRyZ3Q4eGxCVURNT0pyTmMyNlZaT3FSU2VlWVVidjE3clZiVDBSRmhLWE9mTGRNZVVuMFBLQkNUbHRFRVFadXFrMmZreURXUmxwY0k?oc=5) · upstate business journal
- 2026-01-06 [Greenville Housing Fund appoints interim CEO - Greenville Journal](https://news.google.com/rss/articles/CBMimgFBVV95cUxOeFlaNUs3RnlCX1lCRlExaXBwNTFCRzJDUkwtY3N6c0FMNkx1QmhSX1MxS29sb3VwUzZpQ2RYazVMOC1adTJ0Q0Z6YXRTRHpsck1yQVR2MDVPWnV2NGU3UlBKbUlFMUlGWHV0ZHpMUDRnUTVHcmJnMkNpdElkUlFoODY3aUxfM2dKemxpcEZTTGRYVHZ1YktmalN3?oc=5) · Greenville Journal
- 2025-01-27 [Five Community Development Leaders to Watch in 2025 (and Beyond) - Inside Philanthropy](https://news.google.com/rss/articles/CBMipAFBVV95cUxPTHhEQWVYa0RtM0xhUTNLbUR4RVpfOXJkNkhKTTZJOWJwUXdXRlhiSlNqRXpYeXFoSnItdENVRlpHamo1S3RlQWlRWVBsaXlwbHdqd1RGbzl2LUVWVHhoNTBTY0Y1NHU3WU04d01YMXZPOU1qTFkxWEJXQnhtbFNRSzRILVNsS3JoOHRpNEdLY1lFSnRTOFRjUnVZSThHXzV3NV9yaA?oc=5) · Inside Philanthropy

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24856 (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/24.json (key "24856", 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=24856
- 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