# TELCO
TARBORO, NC · NCUA charter 66319 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/telco-66319

Who the members are: state charter, organized 1941, low-income designated. 6,645 members of 66,000 potential (10.1% of the field); checking penetration 36% (share draft accounts per 100 members); loans per 100 members 44.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $53.5M |
| Members | 6,645 (1.8% YoY) |
| Full-time staff | 17 |
| Net worth | $6.7M |
| Net worth ratio | 12.5% (p47 of band) |
| ROA (annualized) | 0.26% (p25 of band) |
| Total delinquency | 2.88% (p97 of band) |
| Net charge-offs (annualized) | 0.93% (p88 of band) |
| Loans / shares | 87% (p92 of band) |
| Cash / assets | 14.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.00% (p95 of band) |
| Operating expense / assets | 5.21% (p89 of band) |
| Vehicles % of loans | 41% (p47 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 7% |
| Third-party paper % of net worth | 18% (p67 of band) |
| Vehicle delinquency | 4.39% (p98 of band) |
| Vehicle NCO | 1.18% (p85 of band) |
| Repossessed % of vehicle book | 0.47% (p96 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 46% |
| Certificates % of member funds | 40% |
| Average share balance | $3,519 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $49,620 |
| Loans outstanding per 100 members | 44% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $13,928 |
| Loans granted, annualized | $7.6M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $49,620 outstanding purchased (0.7% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 3.9% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **repo signal** (`aq_repo`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | losing money, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 5 | net worth falling, loans>95% of shares |  |
| 2016-12 | 5 | delinquency 2x band | loans>95% of shares |
| 2017-03 | 6 | delinquency rising |  |
| 2017-06 | 7 | charge-offs p90 |  |
| 2017-09 | 5 |  | delinquency rising, charge-offs p90 |
| 2017-12 | 5 | loans>95% of shares | net worth falling |
| 2018-03 | 6 | assets shrinking |  |
| 2018-06 | 7 | charge-offs p90 |  |
| 2018-09 | 8 | net worth falling, delinquency rising | charge-offs p90 |
| 2018-12 | 8 | charge-offs p90 | assets shrinking |
| 2019-03 | 6 |  | loans>95% of shares, delinquency rising |
| 2019-06 | 6 |  |  |
| 2019-09 | 8 | repo signal, loan book shrinking |  |
| 2019-12 | 7 |  | repo signal |
| 2020-03 | 5 | assets shrinking | losing money, delinquency 2x band, net worth falling |
| 2020-06 | 6 | losing money |  |
| 2020-09 | 7 | delinquency 2x band |  |
| 2020-12 | 6 |  | delinquency 2x band |
| 2021-03 | 5 | net worth falling | charge-offs p90, assets shrinking |
| 2021-06 | 7 | charge-offs p90, assets shrinking, members leaving | net worth falling |
| 2021-09 | 6 | delinquency 2x band | 3rd-party paper>100% NW, loan book shrinking |
| 2021-12 | 7 | expense trap, delinquency rising | delinquency 2x band |
| 2022-03 | 8 | delinquency 2x band |  |
| 2022-06 | 6 |  | members leaving, delinquency 2x band |
| 2022-09 | 3 |  | losing money, expense trap, delinquency rising |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | auto monoline |
| 2023-06 | 3 | net worth falling, delinquency rising | assets shrinking |
| 2023-09 | 5 | expense trap, delinquency 2x band |  |
| 2023-12 | 5 |  |  |
| 2024-03 | 6 | losing money |  |
| 2024-06 | 6 |  |  |
| 2024-09 | 4 |  | net worth falling, losing money |
| 2024-12 | 4 |  |  |
| 2025-03 | 7 | net worth falling, losing money, repo signal |  |
| 2025-06 | 8 | loans>95% of shares |  |
| 2025-09 | 7 |  | loans>95% of shares |
| 2025-12 | 5 |  | delinquency rising, expense trap |
| 2026-03 | 2 |  | charge-offs p90, net worth falling, losing money |

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

- 2026-04-14 [WATCH: Two-car crash sends vehicles into Telco Community Credit Union building - WLOS](https://news.google.com/rss/articles/CBMinAJBVV95cUxQTDN6Rk1Sd20wQk9XMVdmRk1Ec0dhSFZ6Y1Iyem1EeUxyMmxCRUU5WkdxVm1CazhXSTNYWlJ0YzU5WnJ0aTJiZUM0UGRFZHFRWndUd0daRXNwMFdIcW9kYThyNGowcUVDQVNxZWFjSi1SZURucm9WajZ3M1NpX2c0aVh1UkpqQlhTckI4T3FsdGFUMzV2djRsbUNRcm9oWUNmOGt5S19CbS1IblpmckhDZTY2NVY4dE1ZaU1fa01yY0o0UnpIc056NTVPSWxPNzhSSjFFNFZDaUNrNmNVNEZfdE85Ny1pTDk3dmhIRHZUeWNCckNyYlc2Slc0dHQ1LVVHcEFVTTlsaGRIa2VQM2hQZDVYdFRtMTRULWxZOQ?oc=5) · WLOS
- 2021-12-06 [Telco Community Credit Union Opens Branch In Brevard - The Transylvania Times](https://news.google.com/rss/articles/CBMi3gFBVV95cUxNbFdDdWtfUmVBai0yTXVPNWNoX0dUOWkwcnU3aXRHLXZ2NFQ3ZU9BZEhjUXYwdjVRRHdyM2tUaFFFWm1XSXhWWVAwMGxBNzNtY3lBNEoyM2FrTVV4UzNCUzVFcVpDYmNyZEUtQ1lad1NjTlZJNVA5RjJRVlR5cjV2RngyOEZrNHpvQVRUbHhseEdndExWNDRRM0VxaXRES2kyWENTQ2lDOVNjTi0tdEk0LUx6VVJ5aXpxWnVHS2lsb25XYjVVdXhoTkJncjJtZkpMSzFHa3FoM21RQ2dPVnc?oc=5) · The Transylvania Times
- 2004-10-20 [Eastern District of North Carolina - Department of Justice (.gov)](https://news.google.com/rss/articles/CBMid0FVX3lxTE9GQXhrWktPQVNSX1IzMGduRjZCd19jWGZrRlowYV9DWkhhUFloMWNjdFYwZ0hyWkVWMkFzTkRFbk9jNlhUQ0o1cngtNnphdGNoWGlOc21hejduQjktZnJvMUFVWVU2bUtuNEJHdXBscjhTb0Z2T3ZB?oc=5) · Department of Justice (.gov)
- 2014-06-25 [Asheville police: Candler man robbed credit union - The Asheville Citizen Times](https://news.google.com/rss/articles/CBMitwFBVV95cUxNbHRuYy1RakJ4WVYtdVBGRTMwRy1ORThmWjR1b3dUTGFKZ2h4eUlZX0Y2bVJtRHFOcEZYUGJoV20zcEtNcVVLS2cxZ0ZIUkY0a0d4d2N5eWYycDhFUV9HUS0xTFhCel80b2ZVR0VZSlFuOHcwazJIREcxVk5YUFBYLXQ2QW9PWDdvR010RHJEcWtFMkdoNi1DS3dZZl93ckV1a1pSNlREd1JmUW0wbXhpQk5xMTk3NXM?oc=5) · The Asheville Citizen Times
- 2026-04-14 [Two-car crash sends vehicles into Telco Community Credit Union building - WLOS](https://news.google.com/rss/articles/CBMipwJBVV95cUxOSnRMdEtnd1BzcERDNG5tSll6TGRnOUFOS245XzVIbWlCMjIzcDA0dWg4S0k0a1hpaHBHd091aHpZOGZUM0doLTlibk9menAyam9BVHFLck10cUpveldmQmdZbUxYQ2Y4azVLaDQ2N09EU1oxbG9XLXNoN2JoZEhNc0x6d3dRZlRua21lVk9zaVhqWTBYdTRZd21fLWZzR2ZXNEZPR0sxOTZ4STlYdFRrQnVtU0NTZkdQa2dKQktad0ZBd3EtcEpIejZuRmtobXEwaTlpZ1NybkZtRW1IU0FUd1BxdE5MaU40YnVBSWl2R2pPYkFzS1Z6TFZlOXFOZmRVT2w1NjNyUW91VHA0clA0aGJEdGNPaVFJcmZZU3NscHo4Q1E3c1Vj?oc=5) · WLOS
- 2018-03-15 [Elizabeth "Sis" Charlotte Hamilton Obituary - Greensboro, NC - Dignity Memorial](https://news.google.com/rss/articles/CBMingFBVV95cUxNbW9TUTZnOWxiVWEwTFhKV3pqYTZKU0pmb3Z2aHBKNjRMU3p1Q201YlVndUdoSVFIV21IRmNKMFJVTVJPVFRaRURLTUhEc2d4eFJfeVJSZ2RtamU1UElGSzhxYkcwVXhNbW0wZWpRNnVJU3RydFNUQ2RlY1BITHRJYlRVRi1QLUNKOWNCNVdXNG9hTTI0Nko0bGJQMWtiQQ?oc=5) · Dignity Memorial
- 2025-05-03 [Barbara Van Slooten Obituary - Charlotte, NC - Dignity Memorial](https://news.google.com/rss/articles/CBMijAFBVV95cUxQTmpRSHoxLW1pUzJkb1ViWHBTdXZCb2Y4cXJxT25rTnNlMnZZNEkza3FUdHl2bG5Dd0c2TGJVWXUyaWpRRjY2MlpJZ1M5Z2pqaXhDWkY5ZXlkZFdVakdPempfb1ZwRGJXTHVIS1E2d21nazBfZTFOMG11TVFUSnBPWUNGRXRTZVU5dGpTTg?oc=5) · Dignity Memorial
- 2023-05-24 [Telco Community Credit Union buys iconic BB&T building in downtown Waynesville - WLOS](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNd0RaQUE2ZFlSOWJ1MVJiWlpNMmxpT3FpYjgwU2hORzNDYktfWEVicmpXaTU4dXM0bjFZSllYY3B2a0tRY1ZWd1BUQ2tmNC1wYVFjdDRPV240R01zMXp2U2o0MXJSOTNubzcwSjJmaGhVNVBfMlBKTE05MzJwSE5tTU5HRDg4ekllVU1kNERTai1Ua09LUDd4WDYxM3FEWExQWXlUbzhoMjA?oc=5) · WLOS

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66319 (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/15.json (key "66319", 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=66319
- 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