# NEW SOUTH CREDIT UNION
Knoxville, TN · NCUA charter 60645 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/new-south-credit-union-60645

Who the members are: state charter, organized 1952. 6,745 members of 250,000 potential (2.7% of the field); checking penetration 53% (share draft accounts per 100 members); loans per 100 members 41.

**Verdict on the desk:** this could be *auto monoline*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $90.3M |
| Members | 6,745 (0.2% YoY) |
| Full-time staff | 19 |
| Net worth | $13.1M |
| Net worth ratio | 14.5% (p66 of band) |
| ROA (annualized) | 1.63% (p89 of band) |
| Total delinquency | 0.05% (p6 of band) |
| Net charge-offs (annualized) | -0.12% (p4 of band) |
| Loans / shares | 44% (p20 of band) |
| Cash / assets | 57.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.39% (p34 of band) |
| Operating expense / assets | 2.49% (p15 of band) |
| Vehicles % of loans | 63% (p81 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p53 of band) |
| Vehicle delinquency | 0.02% (p12 of band) |
| Vehicle NCO | 0.11% (p43 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 18% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 63% |
| Certificates % of member funds | 26% |
| Average share balance | $6,327 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $108,306 |
| Loans outstanding per 100 members | 41% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $12,048 |
| Loans granted, annualized | $13.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $108,306 outstanding purchased (0.8% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 12.0% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | net worth falling |  |
| 2016-12 | 0 |  | net worth falling |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | delinquency rising |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 0 |  | delinquency rising |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | net worth falling |  |
| 2018-09 | 0 |  | net worth falling |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | delinquency rising |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 2 | net worth falling |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 1 |  | delinquency rising |
| 2021-03 | 1 |  |  |
| 2021-06 | 0 |  | net worth falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 1 | net worth falling |  |
| 2022-03 | 3 | margin squeeze, delinquency rising |  |
| 2022-06 | 2 |  | net worth falling |
| 2022-09 | 1 |  | margin squeeze |
| 2022-12 | 1 | auto monoline | delinquency rising |
| 2023-03 | 3 | delinquency rising, assets shrinking |  |
| 2023-06 | 1 |  | auto monoline, delinquency rising |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | delinquency rising |  |
| 2024-03 | 1 | net worth falling | assets shrinking, delinquency rising |
| 2024-06 | 1 | auto monoline | net worth falling |
| 2024-09 | 1 |  |  |
| 2024-12 | 2 | delinquency rising |  |
| 2025-03 | 1 |  | delinquency rising |
| 2025-06 | 2 | delinquency rising |  |
| 2025-09 | 1 |  | delinquency rising |
| 2025-12 | 2 | net worth falling |  |
| 2026-03 | 2 |  |  |

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

- 2026-03-21 [Desco Federal Credit Union to open a new branch in South Point - herald-dispatch.com](https://news.google.com/rss/articles/CBMi6AFBVV95cUxQTEp3cDRVd2FJMXNGbmp2UjMzbktzZFVDVWpqLTFKOVBLNXh0VXh2cXJpQnlBbmhMR1hoNzFBZmxFQ1QtWGxzZEh0V0tYRmUxNExFc1FHcV9WWjY1R2tyVEpTaHdJUzBwVDhsQVYtWEtfeW1lRTdTbWJlVTJHeHptdF9RU1JQX2x1V0tuMVlaOEM4MUpfTGNid204aE1zQXB4Wmpxc1lKTFctb2xDelV3NWRMM2dCcjVoWkoyMGFRWlJ2VXNrVktfMHNUbVRnNzJ5X1RnSjJoV2t6TXhFN0Zkc2paWUdIdmxK?oc=5) · herald-dispatch.com
- 2024-01-07 [Millard Summers Obituary Jan 7, 2024 - Mynatt Funeral Home](https://news.google.com/rss/articles/CBMiYEFVX3lxTE9yMUx5R2c0bXEwQ2RjZ1cybmp3YWc1eXZBRGJVSzBKaTRZdWtyUWpmSDIyVE5IM1daOVF4LXNaQjJOZTJOd1Baamc4TFc0akZNaFlpdjNtS3lJeC1NcVRYVQ?oc=5) · Mynatt Funeral Home
- 2024-10-31 [Jack Edmondson Obituary - Knoxville, TN - Dignity Memorial](https://news.google.com/rss/articles/CBMihgFBVV95cUxQdm1SR1psRk1RR2NZM2VXcUtFdFJDbGdkM0JmS01sV1BOcTJrR3VWbVExenJWdlNDdkFBOTNDNk9nWkxOUDZ1VjhKY0lXZHRzRk5faEFWMVhZRi1oT2FpWHZoeElHck9QN0RHcTdFUVNuY2RxSlhDTVNIVHBQLVJGdVZ3ZWhyQQ?oc=5) · Dignity Memorial
- 2023-05-11 [Patsy Sue Grimes Simcox Obituary May 11, 2023 - Hayworth - Miller Funeral Homes & Crematory](https://news.google.com/rss/articles/CBMia0FVX3lxTE4wSTFhNEw4eFpDYzAyYnhUd1diTmpOSDhqcGFQUVhQOXhCQXBkUjBxdll4MlpSMDlHMXl1TGwzTGlHRWkwSEdTUWVSSk9LdXYxeWZQRjYyV1NxSEsxT2ZRbVprdlpveDJiNEp3?oc=5) · Hayworth - Miller Funeral Homes & Crematory
- 2022-12-26 [Some delayed openings and closings reported after snow in East Tennessee - WBIR](https://news.google.com/rss/articles/CBMixgFBVV95cUxNZEdpV1pQUVhmdTF2Ql9QUTFHWW9hdGtyRHpFbEkxS3BUODl3bHRvWjkxUDd5anVjZk1VdXkzOEVlZFhWQ3dVbVJrQWpvR0JvVmRNSG1HLVB3ZzdJTkQxSlRuSDVaaUxOWDZ4djN4ZUUxYzRzWFhLQWpDSDVHbUk3R1lHdHk3R0p2aHlacEpiSFphWWNQVi1vc0pjOTBLSDc1ajZSd1NjZkwweUxkTG5sbXNtbWVxME0tNUljV052MTcyRDFDMXc?oc=5) · WBIR
- 2025-09-18 [Desjardins invests $500K to support new south Niagara Falls hospital - Niagara Falls Review](https://news.google.com/rss/articles/CBMigAJBVV95cUxPR0lUNkx3N3hhWkhBWXpQamVqV2RsWThXMmlndk1ZaWZWSnVTaGEwa3M4dmprQmg3d0d6cURqbFJ2TzNibElhWHk2MnZybkdGYmRkdGo0QXRuMHZrMllZVHIxSGhVSVljNDFhdlA4ZFROTFJqLUVYN2tZeHkxNjU2Y3ZIWXQ4djg2RHIyTWVUeE9yVnNHaTB0ZF9LZGFNQjNnZWIxbkNZYVJhT01TSHo5b2otaWphSGR6SUM5Ykd3RTMyZGNZekFhSEc5VnVtODNhZnJaNkxVX3Q5LTFTeEtQVXd6MlpBYThyR2Izd0NLVDBtcW9uY1RRTU5CRlZDd3pp?oc=5) · Niagara Falls Review
- 2023-12-31 [Developments to watch in Jackson County in 2024 - MLive.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxPbzJkUnlLdjlhektUdHN3Z1A4azVHZVRWWV95YlRiSDVIcG9LV1RiZ2VKc2FGZHNwMlRVQWxuX3J0Q1FKZjJGY1VjclBiWDZHUUo5YTROLTY1bG1PQVJyb1dXTnRWUHlLaWRVZ0doZ2l2VnlfZ0Y0bEl6NzVyOWdWNExISVZ0WkhZSldObEN5T2JzZll5TzZ6Nk5ka9IBrwFBVV95cUxPN1g2dzBSN0hwejBjOUwydVpLSUZ4dDVWTm5yLVZDZHo4aEE2N2w2M1JIUExkRUNyNktLR3p0UmNaWHZ4X2F2VmV1U1FXZUJycFB1WXF5c1NkV00tNWdjdndFRUlRMkZlb2JzdkpaaXhLNTNNTzZaVkNCYUZrdHZnb2NBVHVTZXBYdm1ZS0xOSnYxOHctUFpBQnlHbDBWOVRsNnpmcTBsLU1lZjgzWmhZ?oc=5) · MLive.com
- 2024-11-01 [Chattanooga Lookouts finalize loan to help fully fund ballpark, officials say - Chattanooga Times Free Press](https://news.google.com/rss/articles/CBMingFBVV95cUxPUFh2XzExblZKM3RaczBmR2swcmQyX2pyUHRvRDNfQ1RCOHdKRTlCTlZmc1BZWHNkVkVBaWI3MGw1LUFwLXZ6S3hhRThzQk5DRENNUm9jWjNHMmlCYlZHVVppajJNRmhtek0xWnZEaGVSSFJPZklORnZ5eXhBaUJrbzA0THlzMjJfSG4tTEpFcGVKUm1tME9SWERpWGp3dw?oc=5) · Chattanooga Times Free Press

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60645 (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/37.json (key "60645", 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=60645
- 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