# SOUTH DIVISION
EVERGREEN PARK, IL · NCUA charter 65550 · asset band $50-100M · latest filing 2021-06 · stopped filing after 2021-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/south-division-65550

Who the members are: state charter, organized 1935, low-income designated. 5,287 members of 25,000 potential (21.1% of the field); checking penetration 52% (share draft accounts per 100 members); loans per 100 members 899.

**Verdict on the desk:** this could be *too clean*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $51.6M |
| Members | 5,287 (-4.3% YoY) |
| Full-time staff | 16 |
| Net worth | $3.9M |
| Net worth ratio | 7.5% (p12 of band) |
| ROA (annualized) | -0.98% (p1 of band) |
| Total delinquency | 0.17% (p32 of band) |
| Net charge-offs (annualized) | 0.04% (p33 of band) |
| Loans / shares | 32% (p10 of band) |
| Cash / assets | 44.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.14% (p33 of band) |
| Operating expense / assets | 5.30% (p98 of band) |
| Vehicles % of loans | 48% (p60 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 69% |
| Third-party paper % of net worth | 130% (p86 of band) |
| Vehicle delinquency | 0.04% (p22 of band) |
| Vehicle NCO | 0.34% (p69 of band) |
| Repossessed % of vehicle book | 0.00% (p41 of band) |
| Real estate % of loans | 30% |
| Credit cards % of loans | 14% |
| Unsecured % of loans | 18% |
| Commercial % of net worth | 40% |
| Core shares % of member funds | 89% |
| Certificates % of member funds | 3% |
| Average share balance | $5,279 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 899% |
| Loans granted per 100 members, annualized | 286% |
| Average loan balance | $318 |
| Loans granted, annualized | $3.1M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | charge-offs p90 |  |
| 2016-06 | 1 | expense trap | charge-offs p90 |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | delinquency rising, members leaving | expense trap |
| 2017-06 | 2 | expense trap | delinquency rising |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | loan book shrinking |  |
| 2018-03 | 6 | delinquency 2x band, delinquency rising, charge-offs p90 |  |
| 2018-06 | 4 |  | delinquency 2x band, delinquency rising |
| 2018-09 | 5 | delinquency 2x band, delinquency rising | charge-offs p90 |
| 2018-12 | 2 |  | loan book shrinking, delinquency 2x band, delinquency rising |
| 2019-03 | 3 | assets shrinking |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 2 |  | assets shrinking |
| 2020-03 | 3 | losing money |  |
| 2020-06 | 5 | net worth falling, margin squeeze |  |
| 2020-09 | 7 | delinquency 2x band, delinquency rising |  |
| 2020-12 | 7 | thin capital, 3rd-party paper>100% NW | delinquency 2x band, delinquency rising |
| 2021-03 | 7 |  |  |
| 2021-06 | 8 | loan book shrinking |  |

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

- 2021-09-01 [With merger, Scott Credit Union establishes presence in Cook County - Illinois Business Journal](https://news.google.com/rss/articles/CBMipwFBVV95cUxQT0p2bWllRTFlOXdPdUxiMlZNWmtrY2tJbzZudFhoOEtmbkdwWU5uSUpYTEpHbUlUUlFNcFVnU3VvNDFDZVJjRUhsXzc2OTREN2JDY0FiaHpablRaTldIZy1RV2F0LU9Ddk1GNzJoYzdEcVo3enZfWktsem9RWkRCTXMtaG1ySTJCZmpuWmRBVk5xSHNpRS1HNktRdXRjeUh3bFZaSUZ2QQ?oc=5) · Illinois Business Journal
- 2021-09-06 [Two Illinois CUs Complete Merger as Scott CU Expands into Chicago - cutoday.info](https://news.google.com/rss/articles/CBMipAFBVV95cUxPV0puZTY4cVp2T3ByYmZub1ZMR3BOSXMzWnd5NTYzZ05QSGoxNjc0MVhTVWM5ZVJBWjdSNmhaTC1IY3lBeEd1ZUpNM0JpVEhDUXZ2emMwRmZxd3lkaHQ3d0NJZ3Q4NGdMWjJTRnRoYXFtdXJXV2QxZTZGc1JTUHdPd1N1U0ZSdTZfelpncU1LLXB2Z21MUFNldlJTQ1FQVU05cnNSTA?oc=5) · cutoday.info
- 2021-09-03 [Scott Credit Union strikes second M&A deal in two weeks - americanbanker.com](https://news.google.com/rss/articles/CBMipwFBVV95cUxOdkhHbkI0d2lUQ3lGNE5yT3otSjVnWnFlZEN6Vy1yNndyR0tFakxVUlZ2enVETWpTeE5WWHd4UkFlY2g3OEpUdXptbWN2MXlSQnRwaHlkN2VwMFlRS3JmRmEyQUJQRzRoZUM1dnEzNkEyT3ZLUm5BOVRqSFBFMlNEUEFGRENCa2tSWFNpVFJac2dmYXU0NEQxZDBpVWZUSVhqa2FrcEI0TQ?oc=5) · americanbanker.com
- 2018-02-05 [Homeless Man In Custody In Tinley Park Bank Robbery (UPDATED) - Patch](https://news.google.com/rss/articles/CBMif0FVX3lxTE1tVjY3dUpVRTdVY0VYbXRtaG9uZXFSTzJNRzkwLVI5WkwweHFLeEJxSGZTeFhPbkhPX3FVWWhHcDFyZkJzSDY4ZVFuNGJrZVBXTmtBMmRXWDBzWXJjYUtoWGVrYS04alQtZ2lxajdwcm9DRFpsNkhuNmxvclpsSmc?oc=5) · Patch
- 2021-09-15 [Comings & Goings: Halloween stores return to haunt the Southland, and more - Chicago Tribune](https://news.google.com/rss/articles/CBMiswFBVV95cUxNY0ZpWkNMNmlpOFlhNFdGT3RsaGdIZzE1MUpxM2pWWDJyUGNfZGtjeURfREJ6elh6WEIwNXItdC0zVWlHaUVsWUlJc1pnbDhJTUxVUU1UZExLRndjdnFDQ0VSTXU3UWNzT3NoLXFtakZsbmVQR3o2V3BLS3o4bjNtZDRoYVZJREJROFotOFNiYk5WeVc5LVl1S0JwM1ZlbTlIWjdvandMWUpvYmwyTmVQaWhvUQ?oc=5) · Chicago Tribune
- 2018-03-12 [George Pape Obituary - Oak Lawn, IL - Dignity Memorial](https://news.google.com/rss/articles/CBMif0FVX3lxTE5FT3p0M3REZWtfUTkzMnhLZGIxdEQ4Sy0tYUZGNHBoUk9Ub2E5MkJXNmlOTDNkbDZRUjBKSXI1NnZXckFOdjVOR25JajNUM3hsb0F5TFE3ZWJZMEdhMjJfNVNqWF9xUVVpOVgxbUxudTVHWkNOSlBLS2d0SjI0Nk0?oc=5) · Dignity Memorial
- 2018-04-03 [Service and security take center stage with key promotions | Credit Union Journal - americanbanker.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPNnlWdllXckp1VW9DVlkwaTRfaVpvUDFaZFlmOVhJemxJeDR0bUNETDZ2Ulp1V1BVTzlrb2ppR09MdWdnUEZBdGMtMk9uNlpFNUR6US01UHQ3cnlmeEN4TjZpdGZQZ2Q3QTJEZnVpX2htaUxYQ1N1UUNJUVVMdFNNRWJJRGNING1GNE5LYWNLS3MxZmNhY0FfM2Q1X0NVRVZENUpWUjZaMjdMYVk?oc=5) · americanbanker.com
- 2022-09-19 [Benefit drive started for family of teen flown to hospital after bonfire accident near Woodstock - Lake and McHenry County Scanner](https://news.google.com/rss/articles/CBMi2wFBVV95cUxPMDVtNS0wbFg5Y29ZRjJwZmFYR2g3VDUwYTlLcU9PUEExUUJVdGJaQXBJenY4WU1vMDk2ZWZ5bEVRT0xrUDdxemJYQzB0OUFQYVpUbTVxOXhkeXZfc0JXcjMzOHN1OFRra2RORkRyUnJRM3NpS1h5ZDdRVVZDMDRXWm1MU3lyY0lBZnJnd0hfOVZQUWJ0ZThkVnFoNmJBbDVtLUpVSHlHVXdZRFpKaFVrZ2FlX2NjWm04M1AtcUc5WVpUWlpqUGxGUEdQZ0ZEUV9hZWhweUN6QlFNbHc?oc=5) · Lake and McHenry County Scanner

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65550 (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/14.json (key "65550", 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=65550
- 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