# VALLEY CATHOLIC
Simsbury, CT · NCUA charter 5496 · asset band <$50M · latest filing 2022-03 · stopped filing after 2022-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/valley-catholic-5496

Who the members are: federal charter, multiple common bond, organized 1947. 205 members of 1,500 potential (13.7% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 24.

**Verdict on the desk:** this could be *too clean*. 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 | $529,909 |
| Members | 205 (-2.8% YoY) |
| Full-time staff | 0 |
| Net worth | $44,014 |
| Net worth ratio | 8.3% (p18 of band) |
| ROA (annualized) | -3.08% (p2 of band) |
| Total delinquency | 0.00% (p10 of band) |
| Net charge-offs (annualized) | 0.00% (p45 of band) |
| Loans / shares | 80% (p90 of band) |
| Cash / assets | 17.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.33% (p94 of band) |
| Operating expense / assets | 9.26% (p99 of band) |
| Vehicles % of loans | 71% (p70 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p20 of band) |
| Vehicle NCO | 0.00% (p39 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 19% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 69% |
| Certificates % of member funds | 0% |
| Average share balance | $2,353 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 24% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $7,738 |
| Loans granted, annualized | $266,580 |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **assets shrinking** (`shrink_assets`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, delinquency 2x band |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 0 |  | thin capital, delinquency 2x band |
| 2017-03 | 3 | thin capital, charge-offs p90, auto monoline |  |
| 2017-06 | 3 | loans>95% of shares | charge-offs p90 |
| 2017-09 | 5 | delinquency 2x band, assets shrinking |  |
| 2017-12 | 6 | net worth falling, margin squeeze, delinquency rising | loans>95% of shares, assets shrinking |
| 2018-03 | 5 |  | net worth falling |
| 2018-06 | 5 |  |  |
| 2018-09 | 5 |  |  |
| 2018-12 | 5 | net worth falling | delinquency rising |
| 2019-03 | 5 | losing money | delinquency 2x band |
| 2019-06 | 6 | members leaving |  |
| 2019-09 | 6 | assets shrinking, loan book shrinking, loans>95% of shares | thin capital, margin squeeze, net worth falling |
| 2019-12 | 6 | thin capital | loans>95% of shares |
| 2020-03 | 8 | net worth falling, charge-offs p90 |  |
| 2020-06 | 5 |  | members leaving, net worth falling, charge-offs p90 |
| 2020-09 | 7 | expense trap, margin squeeze |  |
| 2020-12 | 6 |  | margin squeeze |
| 2021-03 | 7 | net worth falling |  |
| 2021-06 | 8 | margin squeeze |  |
| 2021-09 | 6 |  | net worth falling, margin squeeze |
| 2021-12 | 6 |  |  |
| 2022-03 | 6 |  |  |

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

- 2024-11-09 [3A volleyball final: Valley Catholic runs to the title - OSAA](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPbFY2Qmd0bTI4YXFfQjgzbW1qRTRQSEZTMTcyWnpFc3hJTWRhWUh5OWpyOXdkZzhHVnJqU2Z3WUJpSTVzbkJWU044aHRkVHdFaXItWmFva3RRZXRPcDMyVjZ4Q2E1QURGTk1XTEFVSXdvQmV1eHZGMmx0OUV2T2pUakFMSGJxVW95VXVGVnNxa3FqY2N3ZVdaRGFTa3ZEQy1obVdDUEcwQ29KUms?oc=5) · OSAA
- 2025-07-08 [Vaughan Marecki Obituary | July 5, 2025 - Hartford Courant](https://news.google.com/rss/articles/CBMiakFVX3lxTE51WEhNaVN0WGQ5c3hBYWtuRVJaUThYLUZQaGpDNlBLczFmMWhjdkw1RUdQWDNGUk1UbEx4SmdaSXp3Nkg2Y29BNkZJOHpWLWpwWjNPNHJfR0RmblJtN1JZdldTb0FYdlhfYnc?oc=5) · Hartford Courant
- 2021-04-06 [Senior Madison Cooper will represent Central Catholic on Rose Festival Court - oregonlive.com](https://news.google.com/rss/articles/CBMiwAFBVV95cUxQaWJ6VHZqd3NPX3k3Sk01ZVBwSzFvaTVNQ0hjaURCLWNqcENvTTdQSnAwM0Jzd1RKZGdJVHdDZmJXemU3VllGaHQwdE1KeFR6TnhzRjRRNmtHUE1OU0hwREtra3lncl8tYVFBaFBwa0lUYzRmTy1QRS1QZ2g4Z3RkLTBPcnZSSkRVY2hvNHlGRXFJUVpoc0lzUS1Jalk5dWt6NHc3STVEbVBtMFVpRG5TX0otT3lKanJqb3d3aUVaSVU?oc=5) · oregonlive.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5496 (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/56.json (key "5496", 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=5496
- 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