# SOUTHERN ENERGY
BIRMINGHAM, AL · NCUA charter 62728 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/southern-energy-62728

Who the members are: state charter, organized 1953. 90,625 members of 274,749 potential (33.0% of the field); checking penetration 55% (share draft accounts per 100 members); loans per 100 members 40.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $3.64B |
| Members | 90,625 (-0.0% YoY) |
| Full-time staff | 164 |
| Net worth | $521.4M |
| Net worth ratio | 14.3% (p91 of band) |
| ROA (annualized) | 0.46% (p27 of band) |
| Total delinquency | 0.21% (p9 of band) |
| Net charge-offs (annualized) | 0.12% (p8 of band) |
| Loans / shares | 29% (p1 of band) |
| Cash / assets | 13.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.22% (p2 of band) |
| Operating expense / assets | 0.97% (p2 of band) |
| Vehicles % of loans | 21% (p37 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 18% (p17 of band) |
| Vehicle delinquency | 0.30% (p20 of band) |
| Vehicle NCO | 0.23% (p6 of band) |
| Repossessed % of vehicle book | 0.14% (p71 of band) |
| Real estate % of loans | 70% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 50% |
| Certificates % of member funds | 39% |
| Average share balance | $17,820 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $2.5M |
| Loans outstanding per 100 members | 40% |
| Loans granted per 100 members, annualized | 38% |
| Average loan balance | $26,069 |
| Loans granted, annualized | $246.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $2.5M outstanding purchased (0.5% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -1.1% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | repo signal |  |
| 2016-06 | 0 |  | repo signal |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | repo signal |  |
| 2017-03 | 0 |  | repo signal |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | delinquency rising |  |
| 2020-03 | 2 | members leaving |  |
| 2020-06 | 2 | net worth falling | members leaving |
| 2020-09 | 1 |  | delinquency rising |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 0 |  | net worth falling |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 1 | assets shrinking |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | delinquency rising |  |
| 2023-06 | 0 |  | assets shrinking, delinquency rising |
| 2023-09 | 0 |  |  |
| 2023-12 | 0 |  |  |
| 2024-03 | 0 |  |  |
| 2024-06 | 1 | members leaving |  |
| 2024-09 | 0 |  | members leaving |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2026-06-08 [Expansion plans revealed: One of Alabama's largest credit unions moves on 1.41-acre site - The Business Journals](https://news.google.com/rss/articles/CBMirAFBVV95cUxPcmN6aG16dW91WGduZUVFQTdKWlJsTndMMnA1UHVOVFlZaE5WbnZiWFJYV09WX2hyRWstZ2VlMjVGZG9hREM3RlNvY1c4dDNMdHowMEJuRkNMUGlia3BucEFRdUpzaUk1dTNJcG15ZExCSWpBQW5zODY3aVFPMmQ5UzhJa1M0dFJ0aHktLW00eFF5eTQxeE5kV202NVducVNyZXJKWEd1eEpLTzY1?oc=5) · The Business Journals
- 2025-12-09 [Southern Energy Credit Union announces leadership promotions - CUInsight](https://news.google.com/rss/articles/CBMiowFBVV95cUxPamdsT3AtTmEtLU1EWHA2aTVyZnl3ckIwMFAwcVBSbXFISHpkTXpVckE0ekFRRGpfRnRiYlYzeHR1X2E4MXptNkNseTBsZmRPdWVVWVU2Y0pxRGhEQ3RVZXk0WWx5ZUNoUzRWMGgzR1NGUTEzV0dYeElwa1FJNzlEelM2Rm9qUXFDVTVxZ3JzcnpET0xCcWZzUWRwTHpzMUVXYW1n?oc=5) · CUInsight
- 2025-10-08 [Southern Energy Credit Union welcomes Andy Rush as new President and CEO - CUInsight](https://news.google.com/rss/articles/CBMiswFBVV95cUxNQlAwOV9nWndlMFQ3cUs1V3BZTy1tWkxPNEg5M2RnU1NTUEkzOHQ2ejRyNmRWTGhMVWc2QXZyYnZJMDB5OHRjQ0dkUk1YeGVsQ1VGTlUzbW9ySk9sam1EYTM2SWIzR0dlMkplUVI0VEZPMTRqV09SNnZQU1I5ay1PcC0wcHpxb2FIVHIwTTFmcTRwd0pjaGZZR2lZYlFyNzM0Z0M2dTNwVGE2eHZ0ZVp0dW1qOA?oc=5) · CUInsight
- 2026-01-02 [Credit union buys Gardendale parcel on busy corridor - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxPTFc5TlJNVlpCWDJ4TFllbXoxZllTLWpxdm94NVc1N1BwR1pxVzlxMWVvb1JweDdFRjZLTEVpM0dXclpZajI0ZmctYUZwcjNxYUdKd1IzN1RFNTZpX005UHl5Tk1tUWczNlk1bXV1X19SSjl0Snh0cmtnY0xVR0tjZF91bjdSb2ZXZlVzeXp4ZXZ5RnFWVG84Zi05NVBJRGQwdlN6TTRVOA?oc=5) · The Business Journals
- 2025-07-24 [Leadership change coming at Southern Energy Credit Union - HooverSun.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxPaWxpWHhCLXlCempLMVZOY1I3dTFSaVhMMC0tbm5VSUhNTXl0OVVpTzBpYUJUU2RyWG1jVENtOXp2V01mTUVvMGo4QzQ4UFl0NjZIOHNGOWxrbWVLM1JNc1JkUXBpeVhmM0c4R3BzMzc3OHpDNncxWEVqMDBEZVhlRndISDJGaTUwTlc0ZlU1UVIzSEZ40gGfAUFVX3lxTE1UUkZIY2oyQ1pLQTZkc0lua01SVEI3WE5QQ2tuQ25zN2lkbFdRVlI3OTRmR3ctOTdrSUVBVUVGajRSaFpXNVRXNVBoYVFUc2huUzlFeEx2SVVlcHBUbTQ3TW9jWTNHRENGSHBVUEtseHAtZkdQei0xNHA2cEtRNDEwWXBHNGtkMHRyZnotc2lONVFaNllJbDAwZ1B3ZXUxQQ?oc=5) · HooverSun.com
- 2025-10-27 [Southern Energy Credit Union CEO has sights on mergers, technology - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxOTlkzSFgxVVAxajJlTkdoREc1RnVPZHJXclhxN0F5ejZJdGRGRENCcUhveFpQSWxJVFJ1OVRlS1FhakI1MEJ0dTB6elNXdUtqYWdpc29OZGxxYnpmanF4bWp4OEhRTWxPeDU4M01DeHhSMmhvUXFyUjhFM3BsbW50WS1KcWlIVUxMOHFzZkhHM2plTENKSEhrYW8zaDZqN3YwbXpsNzg4aHJHbU9UWFE?oc=5) · The Business Journals
- 2025-02-25 [APCO Employees Credit Union rebranding to Southern Energy Cr... - The Clanton Advertiser](https://news.google.com/rss/articles/CBMitwFBVV95cUxQTVlVdUtaN2o3VjFIVjZJanFvT0VEUG5nbGJaSU5fNHZ3OEwzT3Z5NkNoQUpfQmZaVHBfQmxuUjNDSmpiN2lBODZyRkFMcjZSTXBPLXh1aUo1bHQ2YmdSVFo1ZVdad2VBUTA2QTdGU3RFRjBJNkhaNWhiOEd0MEN6TGx1aEREWGlqQXlmRkVtR0w5YUNxQUZ4cnphcDhMc1RqUDg3QnhNUGpSSnVkUTFzM1VfdDFBTEE?oc=5) · The Clanton Advertiser
- 2025-12-30 [Hoover business happenings: January 2026 - HooverSun.com](https://news.google.com/rss/articles/CBMifkFVX3lxTE40a0xRTTBNdXhmaWhYdlVEcFRVczFxX3RQX0tMR3ZFcEZGLU1tRURpRDZEOGp6R2d4THZSR3BENGhsbFdYLVRBMDBHUjJkTGpCOWVCbHVfTVg2aDkxMjB5c3J6WmxLZnJTWW9OVTQ3NGdSTVI0SGplQUVXZkVNQdIBiAFBVV95cUxNaXBKQ2kyYnVDdDVTTEtHczk2M01vRXRGX25qZnNCMDVKX0tONVZUMXEtU2tXdmU5dmVxTEZ3X2tPNS1CWUFwWXgyYzhBM2MwWU5XTXFwa3lWVGNja1lNUlZzTE9VUTBHRUdCd0NTQVlwZEYwRU9OMUhYelpnczVGb3VZTGp1M2FC?oc=5) · HooverSun.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62728 (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/8.json (key "62728", 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=62728
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide