# GREENWOOD
Warwick, RI · NCUA charter 66594 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/greenwood-66594

Who the members are: state charter, organized 1948. 59,046 members of 100,000 potential (59.0% of the field); checking penetration 15% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $924.8M |
| Members | 59,046 (-1.9% YoY) |
| Full-time staff | 81 |
| Net worth | $90.0M |
| Net worth ratio | 9.7% (p39 of band) |
| ROA (annualized) | 1.05% (p76 of band) |
| Total delinquency | 0.40% (p31 of band) |
| Net charge-offs (annualized) | 0.27% (p31 of band) |
| Loans / shares | 99% (p95 of band) |
| Cash / assets | 3.0% |
| Borrowings / assets | 0.29% |
| Net interest margin | 3.07% (p25 of band) |
| Operating expense / assets | 2.37% (p10 of band) |
| Vehicles % of loans | 45% (p81 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 97% |
| Third-party paper % of net worth | 412% (p97 of band) |
| Vehicle delinquency | 0.52% (p45 of band) |
| Vehicle NCO | 0.59% (p33 of band) |
| Repossessed % of vehicle book | 0.01% (p37 of band) |
| Real estate % of loans | 21% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 122% |
| Core shares % of member funds | 24% |
| Certificates % of member funds | 54% |
| Average share balance | $9,776 |
| Participations bought / yr | $20.0M |
| Participations sold / yr | $14.6M |
| Participations outstanding | $3.9M |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $22,479 |
| Loans granted, annualized | $333.4M |

## Participation posture (from the same filings)

Bought $20.0M and sold $14.6M in the latest annualized quarter; $3.9M outstanding purchased (4.3% of net worth), $24.3M sold and retained. Sold in 8 and bought in 1 of the last 8 quarters. Shares 7.3% year over year.

## Flags firing in the latest filing

- **loans>95% of shares** (`str_ltos`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 4 | net worth falling, loans>95% of shares |  |
| 2017-03 | 4 |  |  |
| 2017-06 | 6 | thin capital, leaning on borrowings |  |
| 2017-09 | 6 |  |  |
| 2017-12 | 6 |  |  |
| 2018-03 | 5 |  | net worth falling |
| 2018-06 | 6 | delinquency rising |  |
| 2018-09 | 7 | net worth falling |  |
| 2018-12 | 5 |  | loans>95% of shares, leaning on borrowings |
| 2019-03 | 2 |  | auto monoline, delinquency rising, net worth falling |
| 2019-06 | 3 | loans>95% of shares |  |
| 2019-09 | 4 | delinquency rising |  |
| 2019-12 | 3 |  | delinquency rising |
| 2020-03 | 3 | net worth falling | loans>95% of shares |
| 2020-06 | 4 | delinquency rising |  |
| 2020-09 | 3 |  | delinquency rising |
| 2020-12 | 2 |  | net worth falling |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 | loans>95% of shares | thin capital |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 4 | delinquency rising, leaning on borrowings |  |
| 2022-09 | 5 | net worth falling |  |
| 2022-12 | 6 | thin capital |  |
| 2023-03 | 3 | members leaving | delinquency rising, leaning on borrowings, net worth falling, thin capital |
| 2023-06 | 5 | thin capital, margin squeeze |  |
| 2023-09 | 6 | net worth falling |  |
| 2023-12 | 6 |  |  |
| 2024-03 | 5 |  | margin squeeze |
| 2024-06 | 4 |  | net worth falling |
| 2024-09 | 3 |  | members leaving |
| 2024-12 | 3 | members leaving | thin capital |
| 2025-03 | 3 |  |  |
| 2025-06 | 2 |  | members leaving |
| 2025-09 | 3 | members leaving |  |
| 2025-12 | 2 |  | members leaving |
| 2026-03 | 2 |  |  |

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

- 2025-12-06 [Warwick's Greenwood Credit Union City Hall Plaza officially opens - WJAR](https://news.google.com/rss/articles/CBMi0wFBVV95cUxQczRNZlVFakZKSlVOV2tuWkdQT2Y4N01tR043elhpOXRNWlZwcGpqVGJxRVhxV1lyQU9nY3puNEdETU5GekxNdDhMYThSQnNVcDBVN0FnOVB5TFNFdVZyVGFZMjJyQ2g2VzR1Q05HQ1NKSFJmWUNkMm9aTElILUVLTDBYTmMwQUwzYlF2UEkteGNXY0FNY3AtaEstLUVwaFVsbVFyV2xvSnBxVkRLeXlheFdFQnlqYk8xcFlreFZmX2M3V1dzRHRmeF9GWUJjUkYwS3R3?oc=5) · WJAR
- 2025-12-04 [City Hall Plaza Rink Opens - WarwickPost.com](https://news.google.com/rss/articles/CBMiYEFVX3lxTE1mR2dpT0Z2T3A5UVItbzQySmQtV1ZQcUpZenFuLTNsb3VKUkdGYXp4OFNzNXgxRHRROUJVYWtycTEtMWp5WU5VMF93SVJmdDNJM3F1bXB5cDlQdFhENjlORw?oc=5) · WarwickPost.com
- 2019-01-13 [NEW: Greenwood Credit Union Presents at RI SBA Conference - Go Local Prov](https://news.google.com/rss/articles/CBMimAFBVV95cUxPcEhYb0lQUThDbXlKWjJFeEJBaWVNSGlhVzRHdnlIRXdldGpuRzdhbDZkSkd5ZUJTX3FzSUEwNUFiNHRMazk2NEFSVXlhelRfVjJGanY2aEY4MV9zZDA5cEdRMDg0ajNCcWJUV1BabHYxR1BzblRhQjNydzVaNm5vSmdwbVNTOWJzN1NxeFd2YU1uZDdPRWMtdQ?oc=5) · Go Local Prov
- 2018-01-03 [Greenwood Credit Union, Warwick, RI, Hires Robert DaSilva As Vice President of Retail Lending - Providence Business News](https://news.google.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?oc=5) · Providence Business News
- 2025-12-03 [Greenwood Credit Union Plaza to open in Warwick with ice rink - WJAR](https://news.google.com/rss/articles/CBMizwFBVV95cUxOVHBFTUM5UDgxcjRMdkFJazZTX0VBOEkzb21SUEE1LVpqTmNybGMxNXVmcmY2VVRxRnVkWXhtaTJmeklvaFU0ZUdHd1hlNVp5WVk1QjJ5Um9OaElFSGl2akpaSnRXNzRtYlNhOS1PZjlHc3NXYXQwb0NQcGxrOUZYbi1TQmt2Qm9IS2ZWQ1EwTllSb2J0WjB3dXQtckw5RFJ6dHNtZTljMDJRQ05qa3lOLWZESDl2YmVxX3lieURpM2l2bnVKQW9obGNYWThxSXc?oc=5) · WJAR
- 2023-10-03 [Warwick City Hall Plaza ice rink plans unveiled. Greenwood Credit Union bid wins naming rights. - rinewstoday.com](https://news.google.com/rss/articles/CBMiugFBVV95cUxNajBNYWtrbEdmeUcwemVFcUtRd0NONjVlX3JESXVGNkRuRXVvcGoyZ3FVLTdHOHdaSEhwLTZ5RDFVUkxBVVJIdTRlV3hjb1FwVHh0WU5DQmw2QWJzVWxwajgxdTJXT2hIWExicW10WnZnbzJraE9kbDlqM0JSOTFDSWpqVkltdUY1aENOcFB1akRMeU1jNk5QYTkxLURLQnhiU1RRS3BOQlRnSDhPeTlZQ1VxQVhiVzU5TlE?oc=5) · rinewstoday.com
- 2026-07-18 [What’s Happening: Summer events at Warwick City Hall Plaza - WPRI.com](https://news.google.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?oc=5) · WPRI.com
- 2024-06-22 [Greenwood Credit Union Review: High APYs on Savings and CDs - The College Investor](https://news.google.com/rss/articles/CBMidkFVX3lxTE5jNEpLbm9mbHhVdV83bjlQWVoxSlVtRm9mRmRYem0tNm9iOEFxZXYzVnZKWHBnbHc3eDN3U3RNWFY4MnQzUktEZFN1VVZrNXFoV2JvcVU2MkJNbkpHYVJDVFBpaUNfUVhEbWRUVXNPOEUwczBJQXc?oc=5) · The College Investor

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66594 (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/34.json (key "66594", 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=66594
- 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