# HANESBRANDS
WINSTON SALEM, NC · NCUA charter 60881 · asset band <$50M · latest filing 2019-06 · stopped filing after 2019-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/hanesbrands-60881

Who the members are: state charter, organized 1938. 4,962 members of 8,282 potential (59.9% of the field); checking penetration 42% (share draft accounts per 100 members); loans per 100 members 51.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $42.7M |
| Members | 4,962 (-4.5% YoY) |
| Full-time staff | 10 |
| Net worth | $5.9M |
| Net worth ratio | 13.8% (p54 of band) |
| ROA (annualized) | 0.46% (p47 of band) |
| Total delinquency | 2.21% (p80 of band) |
| Net charge-offs (annualized) | 0.24% (p55 of band) |
| Loans / shares | 39% (p19 of band) |
| Cash / assets | 29.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.53% (p15 of band) |
| Operating expense / assets | 2.98% (p36 of band) |
| Vehicles % of loans | 60% (p55 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 43% |
| Third-party paper % of net worth | 62% (p94 of band) |
| Vehicle delinquency | 0.52% (p51 of band) |
| Vehicle NCO | 0.07% (p57 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 78% |
| Certificates % of member funds | 10% |
| Average share balance | $4,443 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 51% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $5,706 |
| Loans granted, annualized | $2.7M |

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, delinquency 2x band |  |
| 2016-06 | 3 | charge-offs p90 |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 4 | assets shrinking, members leaving, loan book shrinking | losing money, charge-offs p90 |
| 2017-06 | 4 |  |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 4 |  |  |
| 2018-03 | 3 |  | delinquency 2x band |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 | delinquency 2x band | loan book shrinking |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 4 | delinquency rising |  |

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

- 2019-09-07 [Two Winston-Salem Credit Unions Merge - wfmynews2.com](https://news.google.com/rss/articles/CBMi_AFBVV95cUxPNnFsV2xWMllURVl6bmRsV1hIQk5IYnVPaTBnd1ljZ3E1WVZKSUZOelF6elhTV3gydDFVVmM1NUIzQXpVUGg0LWVQY2psYWs0ZFZCOGJqT0U3VzdaNjFwb3pGS2RJWTZzNEViaGdidmNJZ2lIYmp1M3MzeHd6b2o0akpEb3o3d2NIZWVFMjQ3UGdhOE9SRExEb29LXzZpU094UXRWbE5vR1dtaG5xZENfdWkxcnZwVldWLTlYdmpWSTBWZFQ0MDA2LS1CN3d1UzFhSDE3LS1LR0E2WWJxeVQ0cFNPQnEyZWhTckJWRGZScS1Wb3U4NUlJSDA1d24?oc=5) · wfmynews2.com
- 2024-06-05 [Hanesbrands to sell Champion for $1.2 billion - The Business Journals](https://news.google.com/rss/articles/CBMikAFBVV95cUxOaGcyeEFKcUEtSkE1czdSVmxtbnNzcm1zOGJDSlpPd3dhWGRrWHc1YzUwSGdicGNlMlduNEw0QjA3ajlwR0sxZGhaUVlNYUt0UTlKQjVoeHJ5cWpqUk9ORk1ITGstRXhIeEY4a1RtaExqd0hOMWNTQk5rZ2RWWkNBQzUwRldXNFVYWk04QWNVUzA?oc=5) · The Business Journals
- 2021-12-15 [Donald Keller, Sr. Obituary Dec 15, 2021 - Hayworth - Miller Funeral Homes & Crematory](https://news.google.com/rss/articles/CBMiakFVX3lxTE1FWms0THA3UmVrOVlYSU5EazVBSFFpSEVna2tFRHgzeVFsaks5QW9TSFh5TE44VllNRFVRVGVJbTdhT2lXc01JTW5pVlduWEl2T0tOZ0ttMFhOeGlJOXlMX0c2a1UxYlM4N1E?oc=5) · Hayworth - Miller Funeral Homes &amp; Crematory
- 2026-05-16 [Mary Alderman Obituary (1934 - 2026) - King, NC - Winston-Salem Journal - legacy.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxPcmVZcEV3T2FCMHlYOUVKY0RDdmZHSTloLXVnb2g1ZW4zeE1XMU4zRFNZajBueHlVbDFMbFZFT25aZFdib3EtbTFmZ1c5aG1DQWp5RWt3NmpVZTJ0X3BGeExmeFpqeHZEWlJ3SGhra0ZQU09FU0RSelpqLXlfZ0ZIMlZLeWY5aTIwN3Nkejdlb1A5blE?oc=5) · legacy.com
- 2021-10-19 [Kimberly Smith Obituary (2011) - Winston Salem, NC - Winston-Salem Journal - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxPaDZTcmJycDdvTzBwcFN6SWlKSkN3S2FsdEZYSnNvR2dOWl9TdURwYVZCVDNTZlNCVGg0MlZ3MDBTbmhjZDYyUVZlcWJOeU5CbFQ1Q3QwSjE2QkxfcEw3aVBkWGVXT2JxZVFRRFRYWnkyRGxVYXppbVBJVHlhVWNUWHN6XzEzV1pCQ0RaQXd3MVpwV3Q3?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60881 (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/17.json (key "60881", 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=60881
- 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