# SOUTH CENTRAL
JACKSON, MI · NCUA charter 62143 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/south-central-62143

Who the members are: state charter, organized 1954. 6,814 members of 1,442,512 potential (0.5% of the field); checking penetration 53% (share draft accounts per 100 members); loans per 100 members 53.

**Verdict on the desk:** this could be *auto monoline*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $84.9M |
| Members | 6,814 (-4.2% YoY) |
| Full-time staff | 19 |
| Net worth | $12.1M |
| Net worth ratio | 14.3% (p65 of band) |
| ROA (annualized) | 0.26% (p25 of band) |
| Total delinquency | 0.61% (p50 of band) |
| Net charge-offs (annualized) | 0.30% (p56 of band) |
| Loans / shares | 55% (p40 of band) |
| Cash / assets | 44.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.62% (p49 of band) |
| Operating expense / assets | 4.67% (p81 of band) |
| Vehicles % of loans | 77% (p96 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 57% |
| Third-party paper % of net worth | 144% (p90 of band) |
| Vehicle delinquency | 0.60% (p52 of band) |
| Vehicle NCO | 0.20% (p49 of band) |
| Repossessed % of vehicle book | 0.03% (p79 of band) |
| Real estate % of loans | 8% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 63% |
| Certificates % of member funds | 4% |
| Average share balance | $6,045 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 53% |
| Loans granted per 100 members, annualized | 48% |
| Average loan balance | $10,962 |
| Loans granted, annualized | $18.5M |

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 2 | delinquency 2x band, delinquency rising |  |
| 2017-12 | 0 |  | delinquency 2x band, delinquency rising |
| 2018-03 | 0 |  |  |
| 2018-06 | 2 | delinquency 2x band, delinquency rising |  |
| 2018-09 | 1 |  | delinquency rising |
| 2018-12 | 2 | delinquency rising |  |
| 2019-03 | 2 | charge-offs p90 | delinquency rising |
| 2019-06 | 3 | net worth falling |  |
| 2019-09 | 1 |  | charge-offs p90, net worth falling |
| 2019-12 | 3 | delinquency rising, charge-offs p90 |  |
| 2020-03 | 4 | net worth falling, losing money | delinquency rising |
| 2020-06 | 5 | loan book shrinking |  |
| 2020-09 | 4 |  | losing money |
| 2020-12 | 4 |  |  |
| 2021-03 | 5 | margin squeeze |  |
| 2021-06 | 4 |  | net worth falling |
| 2021-09 | 5 | members leaving |  |
| 2021-12 | 5 |  |  |
| 2022-03 | 3 | net worth falling | delinquency 2x band, charge-offs p90, margin squeeze |
| 2022-06 | 2 | delinquency 2x band | loan book shrinking, net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 | delinquency rising | members leaving |
| 2023-03 | 4 | members leaving, auto monoline |  |
| 2023-06 | 5 | charge-offs p90, assets shrinking, 3rd-party paper>100% NW | delinquency 2x band, delinquency rising |
| 2023-09 | 5 |  |  |
| 2023-12 | 5 |  |  |
| 2024-03 | 3 |  | members leaving, charge-offs p90 |
| 2024-06 | 3 |  |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 3 | loan book shrinking | assets shrinking |
| 2025-03 | 6 | net worth falling, delinquency rising, members leaving |  |
| 2025-06 | 4 |  | loan book shrinking, delinquency rising |
| 2025-09 | 3 |  | net worth falling |
| 2025-12 | 3 |  |  |
| 2026-03 | 3 |  |  |

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

- 2023-12-31 [Developments to watch in Jackson County in 2024 - MLive.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxPbzJkUnlLdjlhektUdHN3Z1A4azVHZVRWWV95YlRiSDVIcG9LV1RiZ2VKc2FGZHNwMlRVQWxuX3J0Q1FKZjJGY1VjclBiWDZHUUo5YTROLTY1bG1PQVJyb1dXTnRWUHlLaWRVZ0doZ2l2VnlfZ0Y0bEl6NzVyOWdWNExISVZ0WkhZSldObEN5T2JzZll5TzZ6Nk5ka9IBrwFBVV95cUxPN1g2dzBSN0hwejBjOUwydVpLSUZ4dDVWTm5yLVZDZHo4aEE2N2w2M1JIUExkRUNyNktLR3p0UmNaWHZ4X2F2VmV1U1FXZUJycFB1WXF5c1NkV00tNWdjdndFRUlRMkZlb2JzdkpaaXhLNTNNTzZaVkNCYUZrdHZnb2NBVHVTZXBYdm1ZS0xOSnYxOHctUFpBQnlHbDBWOVRsNnpmcTBsLU1lZjgzWmhZ?oc=5) · MLive.com
- 2021-07-21 [Cathy Dom Marske Obituary Jul 21, 2021 - Farley Estes and Dowdle Funeral Directors](https://news.google.com/rss/articles/CBMiaEFVX3lxTE5pcFBWZU9kU3F2eUNEVTBnWmJyVFMwendXbXdKTmhHT2kwdHdFT25NaXhwUXVyQTRKTDhjOGU5cnpzMFd1dWRQVHdIRG5KRkFtajRoUlVxcmd2RkFmejVKN1ZpVm1YT05H?oc=5) · Farley Estes and Dowdle Funeral Directors
- 2020-04-06 [Credit Union collects unemployment check to pay back loans - WILX](https://news.google.com/rss/articles/CBMiogFBVV95cUxONEFHRm9FVkk5dWNGUERGMWFoRXBVVHh0ZHRrMlJVdHpDTF9JSUhORlJYVnhzUHNoNkFwZEx5cC1yTFlzSkZfYlRKVHFabmpocjYzZmlXSXNPaUZ6V0NCc0RFZHV1VUV0VXpmMzlPQlRrQklhTW5qakhtSEhJWnR0SmczQzhrWHB0Smh5VzhjcHdEMERvQm9CS01oSlFjcnZ4NWc?oc=5) · WILX
- 2018-11-26 [2019 Martin Luther King Celebration Honors Harold White, Jr.; Welcomes Speaker James White - JTV Jackson](https://news.google.com/rss/articles/CBMipgFBVV95cUxPLTBURnFFdnQybldRaTFLZjNDNk9LX0xIa2I5Uk5zel9QY1pVN1hmLVJLZWU5LXoxUG15Tm82d0ZyRHhwcjNCanMwZ0JKVGJFZUluX0dOVWRCa24xSnRVOWUtTTBVZ2U3cXBZYmQtT2RscVpnUXBQSVVWdmY4LXEybEttMTl3MW9IWUtZSlhYNlRFb2huZmhwendpQWtScEFxRUJPZUdn?oc=5) · JTV Jackson
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity
- 2014-07-24 [Hillsdale County students, teachers fare well at iChallengeU 2014 - Hillsdale Daily News](https://news.google.com/rss/articles/CBMirwFBVV95cUxQdmVBNWtEXy1sTHhKWnNEa05neWg2UzIyaFQxbEpjbjktUnBGalItZXNLSnpmLTEyMV83dl9tSEFTekZERG1FbmZGVlFyM0VFazJWODk0TXhRTWRWQVVYT3Y4T2NpYXhmYWxJbjVIWk5wUlRyc2V5M1Y4UmtsWW8wNEFaMURmMVBVR3JmRFZMSnJBVmNUaS0yYnA5cEJzWGVVbmpxNDFlVUdldkNtU25n?oc=5) · Hillsdale Daily News
- 2018-10-02 [Here are all of the banks that currently support Apple Pay - iMore](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · iMore
- 2019-06-18 [[Update: 8 more banks] Google Pay adds 57 US banks and credit unions to its already enormous support list - androidpolice.com](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPSjhTQUN1SFZQZDB1ekU5cHJlM201ckRZcllldUJhd1JxaVhqc1lnVzVQaW9jZEJ2M2dNd1ZVVjlUclhITE45eXE1N043Mk1sNkJfTW5JYmhRRy1rWEY5bU5tN1p6S1ZjbmZxTzNveDhNaVF2eGFGMUJROFhOTkIwdE5RRWkxRFN0UFlobmJNajZJcDROSmhES0c3WE1kWHhJckh2bExsc0IzaG1LWDVEYlg3amZKYWdOMFBkYzNNdVo2Zw?oc=5) · androidpolice.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62143 (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/63.json (key "62143", 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=62143
- 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