# ECUSTA
Pisgah Forest, NC · NCUA charter 63663 · asset band $50-100M · latest filing 2023-09 · stopped filing after 2023-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/ecusta-63663

Who the members are: state charter, organized 1976, low-income designated. 6,292 members of 10,000 potential (62.9% of the field); checking penetration 66% (share draft accounts per 100 members); loans per 100 members 45.

**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 | $75.2M |
| Members | 6,292 (-3.0% YoY) |
| Full-time staff | 9 |
| Net worth | $7.8M |
| Net worth ratio | 10.4% (p34 of band) |
| ROA (annualized) | 0.14% (p15 of band) |
| Total delinquency | 2.83% (p97 of band) |
| Net charge-offs (annualized) | 1.43% (p97 of band) |
| Loans / shares | 39% (p12 of band) |
| Cash / assets | 44.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.16% (p50 of band) |
| Operating expense / assets | 3.25% (p49 of band) |
| Vehicles % of loans | 41% (p40 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p24 of band) |
| Vehicle delinquency | 2.54% (p95 of band) |
| Vehicle NCO | 0.30% (p58 of band) |
| Repossessed % of vehicle book | 0.00% (p40 of band) |
| Real estate % of loans | 29% |
| Credit cards % of loans | 10% |
| Unsecured % of loans | 24% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 62% |
| Certificates % of member funds | 1% |
| Average share balance | $5,718 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 45% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $9,456 |
| Loans granted, annualized | $14.0M |

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)

## 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 | net worth falling |  |
| 2017-09 | 2 | losing money |  |
| 2017-12 | 1 |  | net worth falling |
| 2018-03 | 1 | delinquency rising | losing money |
| 2018-06 | 0 |  | delinquency rising |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | delinquency rising |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 | assets shrinking | delinquency rising |
| 2020-06 | 1 | delinquency 2x band | assets shrinking |
| 2020-09 | 3 | net worth falling, delinquency rising |  |
| 2020-12 | 3 | charge-offs p90 | delinquency rising |
| 2021-03 | 3 | margin squeeze | charge-offs p90 |
| 2021-06 | 3 |  |  |
| 2021-09 | 2 | charge-offs p90 | delinquency 2x band, net worth falling |
| 2021-12 | 4 | delinquency 2x band, loan book shrinking |  |
| 2022-03 | 5 | net worth falling, losing money | loan book shrinking |
| 2022-06 | 2 |  | margin squeeze, net worth falling, losing money |
| 2022-09 | 3 | losing money |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 4 | delinquency rising, members leaving | charge-offs p90 |
| 2023-06 | 7 | net worth falling, charge-offs p90, assets shrinking |  |
| 2023-09 | 4 |  | losing money, members leaving, net worth falling |

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

- 2021-12-06 [Ecusta Credit Union Awards Eight College Scholarships – Brevard NC - The Transylvania Times](https://news.google.com/rss/articles/CBMi7wFBVV95cUxOS3lubF81djM5dDZ3VzEzcS1EWDNoM0JQX1VpNlExZE05TXlGRUVuWGFzN3B4Wi1FT0c3QUpxeEl5SHhzZXpQbVdESTVRMnROQzYxRG1VWkw5bzJzVE55RXFWb1hIUWVFMVhZTjhJdnJleHFEX21kZGZnZDk3XzE2OExVZVVOYVdhREZoa0tFVzFSU0o2SnZTUEpqUVREeTA1ZUlrU0hFRHpoMGw2Qjlxb1JPNDFhQ0RSRHh3NndNVFJGNHd6eUItcTJqTHZpaW1RWmFjVTJsNGpuakcwdEh5Wnh1LW9mbk9Vc0VvMnZGaw?oc=5) · The Transylvania Times
- 2024-06-01 [Big coin: North Carolina’s largest financial insitutions and money managers - Business North Carolina](https://news.google.com/rss/articles/CBMigAFBVV95cUxNeEw4Q0lTcl9TUXVqQWNmRDJfZVlyU0RBckZsbkJvLW1qYnZrTnFnUTZTUGJLTjlCX3JmOFlrNmUyeFR6VjQyejRtNEptMTJTX1IxTGM2V1gxZXdVM1hmamNwOV83Wml1TFZrWVEtcmNRNHA1XzY5Q0c1TkJuZ25PNw?oc=5) · Business North Carolina
- 2020-03-24 [Obituary for Peter "Jay" Danielson - Curtis Funeral Home](https://news.google.com/rss/articles/CBMiakFVX3lxTFB5ZG5XcVc5M1ZxX3djbU5COTVTSjB1NXFiMDFfX1BNQVBsQ2N6WW9hbUk5NEFIYU5LdU9HTDlsNi1ELWFUR3FXcm55OWUzNjA1VzhDRFp1R1kzNHJiVC0zVkNqV1EtS2R6S1E?oc=5) · Curtis Funeral Home
- 2026-03-13 [Eric C. Meece - Groce Funeral Home](https://news.google.com/rss/articles/CBMiXEFVX3lxTE5JV3FlSnlYdzdONXJwREFUWUlQM1VJZVhmOEJraDBuQTBnMmlfV2p3VDRUcEt0dHlSTkZ1Q0lNTDRMZDZoUXcteXhPZW4wenlVUkNlY3c2UHh6YlBE?oc=5) · Groce Funeral Home
- 2023-07-28 [Janice Jo Bryson Obituary (2023) - Flat Rock, NC - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxPYTZiS3VkN2czcHBTNWtZUmpjcXlLQXBuOG5QOFBQcXZjWFVnOW1vczZNZmkteTdVY1U2UTBZb2xFVGc5bm5uTlNLZGpCMmNoT2pWeVRrYm5rVVl3Mng0THcySGF6cU5GYU5iMDFrWjVnNVU1VVk4TTVlaWR2VFZmSjJ3?oc=5) · legacy.com
- 2025-11-02 [Conserving Carolina's White Squirrel Challenge returns with 8 scenic hiking trails - WLOS](https://news.google.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?oc=5) · WLOS

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=63663 (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/47.json (key "63663", 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=63663
- 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