# RIVERDALE
SELMA, AL · NCUA charter 62843 · asset band $50-100M · latest filing 2017-09 · stopped filing after 2017-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/riverdale-62843

Who the members are: state charter, organized 1967. 11,572 members of 15,000 potential (77.2% of the field); checking penetration 48% (share draft accounts per 100 members); loans per 100 members 52.

**Verdict on the desk:** this could be *stressed*. Composite score 11 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $54.9M |
| Members | 11,572 (-2.9% YoY) |
| Full-time staff | 15 |
| Net worth | $-6.1M |
| Net worth ratio | -11.1% (p0 of band) |
| ROA (annualized) | -34.82% (p0 of band) |
| Total delinquency | 14.33% (p100 of band) |
| Net charge-offs (annualized) | 34.24% (p100 of band) |
| Loans / shares | 87% (p86 of band) |
| Cash / assets | 11.1% |
| Borrowings / assets | 4.69% |
| Net interest margin | 7.64% (p100 of band) |
| Operating expense / assets | 6.49% (p98 of band) |
| Vehicles % of loans | 52% (p72 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | – |
| Vehicle delinquency | 20.59% (p100 of band) |
| Vehicle NCO | 42.58% (p100 of band) |
| Repossessed % of vehicle book | 0.00% (p35 of band) |
| Real estate % of loans | 8% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 24% |
| Commercial % of net worth | – |
| Core shares % of member funds | 45% |
| Certificates % of member funds | 45% |
| Average share balance | $2,964 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 52% |
| Loans granted per 100 members, annualized | 38% |
| Average loan balance | $8,250 |
| Loans granted, annualized | $11.0M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | delinquency 2x band, charge-offs p90 |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | loans>95% of shares |  |
| 2016-12 | 4 | leaning on borrowings |  |
| 2017-03 | 3 |  | leaning on borrowings |
| 2017-06 | 12 | thin capital, capital below 7%, losing money, expense trap, delinquency rising, repo signal, assets shrinking, leaning on borrowings |  |
| 2017-09 | 11 | net worth falling, loan book shrinking | loans>95% of shares, repo signal, leaning on borrowings |

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

- 2026-08-06 [Brush fire comes a few feet away from America First Credit Union campus in Riverdale, cause under investigation - Yahoo](https://news.google.com/rss/articles/CBMihgFBVV95cUxOcWxVUlFlWlJYbmY5UHNKZXZnU2tDUGVadUlyRWxXbm9jcFhrX3cwdHJCb0lpR0RBZ2lBX0pjT1ROaEJ6MEM4V3g5UGV0RUdqQkJrSTlENkdVNDU0WEdzSnlOZzd4TDlhUzJYV2NzZGs4b2cyNDZtVkNYQzJGajVFUVhRSGNudw?oc=5) · Yahoo
- 2017-06-23 [Riverdale Credit Union taken into conservatorship - The Selma Times-Journal](https://news.google.com/rss/articles/CBMimwFBVV95cUxQdWFaV2l3Y0FUbk80X1hHbmJuUUhLRmw2dzJaZlNmcmQwU0VZWXlWYXFYUUhVRkllOXdTcktuZTJabURURXh3Skt3djZvZExPN3lQNzNTU2NxSnNJS2V1ZnRjVHR0LTNOS1AyM21xaHlXdFBTMm80NnRnSnZJT1h2SEtnVEFHQmxSSjQwVjE3UlVXZFFHYWdFbHAyOA?oc=5) · The Selma Times-Journal
- 2024-07-02 [2012-2024 List Of Failed Credit Unions - Bankrate](https://news.google.com/rss/articles/CBMib0FVX3lxTFBqUTBmbUhvaEh6UXpMOERnZTMzUjU2djBQVUVxMHd4UmZFRF84OWFtelZtZXQ3eTF5ZE5fbE5YVTRIUWd2dDVDWjZxZ3F4d3gwRFhMV2FyT21RWXlTLVVoRTE5Z0R1Ql9iMHVmYndZUQ?oc=5) · Bankrate
- 2020-09-24 [The Best Credit Unions to Work For with assets over $1B - American Banker](https://news.google.com/rss/articles/CBMipgFBVV95cUxNbXBDVjI2OGN0T0JBc3BNdHBibm1sakQyc3pJUWhFSUdEc0dTX2hfUVVSM2JwY0NuWXIwbklhTUluRVNtWUc3WXV3OEVocEgybkw4RWlEVzlUQWFLdzRlODN0bzF6eFJFTnFPZ05semRtSFg2VmsxbUx0TERiUUM4b0tEeHMxdEdGdjkwRzhrcG9jdGJfa3hxei1abGl1YW9LZjJtS0tR?oc=5) · American Banker
- 2023-06-20 [Forbes 2026 America's Best Credit Unions In Each State List - Forbes](https://news.google.com/rss/articles/CBMiaEFVX3lxTE9vRWJOaE5OZ1NrY3RJeUZnWS1yRXkwMUYzYllJMTN3VEQxTWtwNHJGdC1FejkwVF9UT045OWFhQ0NSWmtzTHBJeXZFSFdydTNuc2VyT3BjUGRLcmlWLWhaVHNJUVZMRHNt?oc=5) · Forbes
- 2017-06-23 [Selma credit union taken over due to 'unsafe' practices - WSFA](https://news.google.com/rss/articles/CBMilwFBVV95cUxNbURxZzQ4bzZ2VTIxbXQ2OW9sLVFRY0c3b1o4X2N1UThqNEJ3d0VPeHZqcVhtVWhpUUFVdmJPQXYyYnlvYWNMTDBUaEpyUWZXNzh1bmkwbkdHNVdjZGtpYTJYc2lwdDR1UV9DWVVrVVJWckZpS0N0UHpHZy16THZuOEp0M1dKZ3VlSmlVTFd3b29nY3FBOXNr0gGqAUFVX3lxTE1fejUxUGlVaFNwTk5Dek9va2F0bXBBcmRYNG5jUUE0YllMZDdsalpOVkwwMFNCN3BlRGJiNlJsQ0tUNFNQcE5EZHlUVERtcjc3YUJ4SGVZSTYzSGszVjRTNDBUV1MwYzRER0U1VlgtcjRQTm5XN19lNklLNk1TVEh2NEc1TjhqVHBwR1FtazJreElnZWZ1ZS1oV1VpbDlPbjRkZk82Nm84YlVn?oc=5) · WSFA
- 2026-02-05 [America’s Best Financial Services of 2026 - Time Magazine](https://news.google.com/rss/articles/CBMicEFVX3lxTFBoTkN6VU5WZHhwQjZqdk9LVVdGTUdJVHUyX2NBR09wOGVaOWtkaGNJeWpBeG1QZGh4Zk9GSE1nVkgtUzRZYUxSeGlNUUJFU0xCdG0wc0xLbHM0MXRPSEc3X2hJVTZuUWxHUTJaMWZnNVE?oc=5) · Time Magazine
- 2022-08-30 [Best Credit Unions to Work For 2022 - American Banker](https://news.google.com/rss/articles/CBMijAFBVV95cUxOcm9zTEJkQ0FYOHVjRENIMDBVQ241cnE3MG9Ha0Z2NDFyVXRQRDZPd0t5RUk1aENLTWNzTHBtY3R0dTdhRUw0UTROU2ZDcU5sa0NrTHdzUzZhSW1zRlpnQlAtdGhZalctYlktZTFrRlUyZXFsLUFQTVNpWDlucFlJZDBsdUx0UkVKcXBJLQ?oc=5) · American Banker

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62843 (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/59.json (key "62843", 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=62843
- 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