# JEFFERSON CREDIT UNION
Hoover, AL · NCUA charter 63834 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/jefferson-credit-union-63834

Who the members are: state charter, organized 1941, low-income designated. 8,095 members of 1,000,000 potential (0.8% of the field); checking penetration 65% (share draft accounts per 100 members); loans per 100 members 110.

**Verdict on the desk:** this could be *participation buyer*. 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 | $92.1M |
| Members | 8,095 (18.8% YoY) |
| Full-time staff | 25 |
| Net worth | $9.2M |
| Net worth ratio | 10.0% (p21 of band) |
| ROA (annualized) | 0.73% (p52 of band) |
| Total delinquency | 1.38% (p83 of band) |
| Net charge-offs (annualized) | 0.34% (p60 of band) |
| Loans / shares | 60% (p47 of band) |
| Cash / assets | 17.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.06% (p72 of band) |
| Operating expense / assets | 4.72% (p83 of band) |
| Vehicles % of loans | 41% (p47 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 31% |
| Third-party paper % of net worth | 123% (p88 of band) |
| Vehicle delinquency | 2.04% (p90 of band) |
| Vehicle NCO | 0.86% (p79 of band) |
| Repossessed % of vehicle book | 0.15% (p88 of band) |
| Real estate % of loans | 34% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 69% |
| Certificates % of member funds | 23% |
| Average share balance | $5,148 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $3.8M |
| Loans outstanding per 100 members | 110% |
| Loans granted per 100 members, annualized | 19% |
| Average loan balance | $5,500 |
| Loans granted, annualized | $32.8M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $3.8M outstanding purchased (41.1% of net worth), $0 sold and retained. Sold in 0 and bought in 4 of the last 8 quarters. Shares 4.9% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

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

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

- 2026-08-20 [How much will it cost for naming rights to Birmingham’s largest arena? - AL.com](https://news.google.com/rss/articles/CBMitwFBVV95cUxOTGpseG1HWTFCdjNibm9JUlVlZUQ3R1d4N3J1TFdWclNYNm9IalZsTEJzR1JoZEpIYUd5Wld6bVVxd1B0Z1RTZzcyc21wNUlyY3V0OUVhQzNwQWVPZ29GU3ZUU1hWSnpESkQzcjg2Y0RXRGRXSnp2aW9ZQmV6eDBBYWFHQ1BRRDlkRU4wMXIxaWVEOThDUk5aZ3JJcmdNaGJmakxna2p5cVRWaDhxakZWSm5zelkwNUU?oc=5) · AL.com
- 2026-07-02 [Logan County filings July 1, 2026 - Guthrie News Page](https://news.google.com/rss/articles/CBMibkFVX3lxTE5NZ2ZIYnFWYWNBYmRQUU0zdVN4RFUzYXh4UTlfVjZybzZBOXA0Sk85aE10Vmg2UDdySDlpRkdoam9IcGhhZDZpRlVsZGxWaTF2d2JQV2E3NXNNbEhhRHBjaG91bjI4akJwdGtjWjl3?oc=5) · Guthrie News Page
- 2026-06-29 [Hot Sheet Cases Filed in 20th Judicial Circuit June 26, 2026 - Rickey Stokes News](https://news.google.com/rss/articles/CBMikwFBVV95cUxOeEo3Y3Q3aTYxTm9wUG9CQjJTNHFrX3RPT3J0Z184QkY3RzJsbjk1Y3B5SENESFhvREc3OTMtemN2WWFaWGtpSW9Qc0VIcVU5ck01R01kWVUxbkdrb1ZqbTVCeTdBZ0dEQ1V3Q3JJMWVWMXZLN3hTSUxBOVdqT2JxYjJkMXBRMkRmZV9FUGJDbTFIdUU?oc=5) · Rickey Stokes News
- 2025-10-29 [Historic bank building hits auction block - The Business Journals](https://news.google.com/rss/articles/CBMioAFBVV95cUxPZ1hseFgwaTVyaEJUYUxaN2MwbjAxYTZyTEttLXRmU2F2QXpQNnNfSDAyVTBKLVpOYm5kQTI2ZW5HZGdvZWJBbS1ZcGVpM1hCS1FSUVFzLW00TC1sclh3cllUSFpUNDBKOTRPeTVVeU5HWUQ2UmFDZS1YWFJCYThIUXI2LXlTWlEtX3lNbEpDLWkyU3ZPM3BZbHdjM2J0TnVr?oc=5) · The Business Journals
- 2022-01-12 [Change of leadership at Legacy credit union - Business Alabama Magazine](https://news.google.com/rss/articles/CBMifEFVX3lxTFBhX0RsUkxTaTZsS0oxWld0azVzMXdaZTNOeGxwTnRsZWtFNlZuTm1oWmI1UDNrWENXdnUtbjg0Y2ZIcnE0dkt0TG91dTRuOFBLaVAydmVINUUtR1g1cEItOHlyY2ROd2U2c0lwZUx0WkZTMlRYZGRTbXNIT0c?oc=5) · Business Alabama Magazine
- 2024-01-28 [NNPD: bank robbery at Langley Federal Credit Union on Jefferson Ave. - WAVY.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxQbWc0alg2WXVtS1dvTWV1UTc0c3V4T3pCREUtNWRPWmdmQ0ZVZHAtUzlOYmp5TXZjLWN1WkVxTDBZRjZ5c2hCZi1Pa0NNWmpPUHlqWVZJLWFEQ1JMbk5qYkRSOTdrVFo2ZGI0aWJmUFpaQTZZM3hDeFVrU2V1bEU1UkdRMTNHWHFYUWt4TE9ob1lpamVlaUpnQ2lZUTdKRG1JSHhVWQ?oc=5) · WAVY.com
- 2025-11-29 [Betty Lee Borman Obituary (2025) - Jefferson City, MO - Trimble Funeral Home - Jefferson City - legacy.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxNMGFIdVQ2VXNEU0FneEZTRDdpbG11R1ZYNUFPSUo0cTN4d0N1eFRuMHgzcExnTDBFVzFySW12Z21pdkZpUWFRMGVTaEhBeDREWGNDR0pKVjdzclh1Q203NGM3eVZkdENrdi1FZk15ckR0Y1ZCaG84MmJPRUFBUmM4Vg?oc=5) · legacy.com
- 2023-01-22 [Jefferson County Commision approves deputy county manager, finance & revenue directors - HooverSun.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxQVDk3ZTF2ZURha0lTLW1vVDY4eGhEWmM2OVBNcmpEUmVCalQ5QU9OWldmZnFaX0Jxam1uRzhrOUoxS0s4UmwteXRXSEp1cjdLLVM5M2MwOC1fbWhXT3BxN2txclh1U3k4d0FpS3VITDhCaEpSTzlwcGl2ZmY2eDVQWnlNenJZNGRzbWhxdDlxMmYzUdIBnAFBVV95cUxQRzh4Vi0tWFgwTlR5UlR0SnAzVG5WcHExcFF2eXlFb1BtcjdSQWotN2dfM2lCOHRaRUtXbUhOYTRWSjI3S1otWTIxNXlUTjVfZUZzYmZIS2VjMUVrOF8yTWE4RTItRjZ5UFdaTHdmLVpSN2NqaU01RnM5OWc3eFdfYVlTekU0X2txZWtmTFhFVmx3NTdGUXhRNERUME8?oc=5) · HooverSun.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=63834 (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/26.json (key "63834", 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=63834
- 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