# VALLEYSTAR
Martinsville, VA · NCUA charter 66924 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/valleystar-66924

Who the members are: state charter, organized 1953, low-income designated. 36,271 members of 2,498,261 potential (1.4% of the field); checking penetration 64% (share draft accounts per 100 members); loans per 100 members 50.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $518.0M |
| Members | 36,271 (-4.2% YoY) |
| Full-time staff | 138 |
| Net worth | $52.6M |
| Net worth ratio | 10.2% (p46 of band) |
| ROA (annualized) | -1.31% (p0 of band) |
| Total delinquency | 1.08% (p82 of band) |
| Net charge-offs (annualized) | 0.83% (p80 of band) |
| Loans / shares | 86% (p65 of band) |
| Cash / assets | 1.3% |
| Borrowings / assets | 10.63% |
| Net interest margin | 3.50% (p53 of band) |
| Operating expense / assets | 5.26% (p98 of band) |
| Vehicles % of loans | 15% (p19 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 72% |
| Third-party paper % of net worth | 71% (p43 of band) |
| Vehicle delinquency | 2.08% (p95 of band) |
| Vehicle NCO | 5.23% (p100 of band) |
| Repossessed % of vehicle book | 0.96% (p100 of band) |
| Real estate % of loans | 38% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 259% |
| Core shares % of member funds | 64% |
| Certificates % of member funds | 16% |
| Average share balance | $6,099 |
| Participations bought / yr | $1.4M |
| Participations sold / yr | $0 |
| Participations outstanding | $10.6M |
| Loans outstanding per 100 members | 50% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $19,596 |
| Loans granted, annualized | $16.6M |

## Participation posture (from the same filings)

Bought $1.4M and sold $0 in the latest annualized quarter; $10.6M outstanding purchased (20.1% of net worth), $700,401 sold and retained. Sold in 3 and bought in 3 of the last 8 quarters. Shares -10.6% year over year.

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **repo signal** (`aq_repo`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **leaning on borrowings** (`str_borrowings`)

## 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 | 0 |  | net worth falling |
| 2017-12 | 0 |  |  |
| 2018-03 | 2 | delinquency 2x band, delinquency rising |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 3 | 3rd-party paper>100% NW |  |
| 2018-12 | 2 |  | delinquency rising |
| 2019-03 | 3 | net worth falling, charge-offs p90 | delinquency 2x band |
| 2019-06 | 4 | margin squeeze, delinquency 2x band | 3rd-party paper>100% NW |
| 2019-09 | 0 |  | net worth falling, charge-offs p90, margin squeeze, delinquency 2x band |
| 2019-12 | 1 | delinquency 2x band |  |
| 2020-03 | 2 | net worth falling |  |
| 2020-06 | 2 | 3rd-party paper>100% NW | delinquency 2x band |
| 2020-09 | 2 |  |  |
| 2020-12 | 1 |  | 3rd-party paper>100% NW |
| 2021-03 | 2 | charge-offs p90 |  |
| 2021-06 | 1 | 3rd-party paper>100% NW | net worth falling, charge-offs p90 |
| 2021-09 | 2 | members leaving |  |
| 2021-12 | 3 | leaning on borrowings |  |
| 2022-03 | 2 |  | leaning on borrowings |
| 2022-06 | 3 | leaning on borrowings |  |
| 2022-09 | 5 | net worth falling, delinquency rising |  |
| 2022-12 | 2 |  | members leaving, net worth falling, delinquency rising |
| 2023-03 | 4 | delinquency 2x band, delinquency rising |  |
| 2023-06 | 4 |  |  |
| 2023-09 | 7 | expense trap, charge-offs p90, loans>95% of shares |  |
| 2023-12 | 7 |  |  |
| 2024-03 | 7 | losing money, assets shrinking | delinquency rising, charge-offs p90 |
| 2024-06 | 7 | loan book shrinking | loans>95% of shares |
| 2024-09 | 10 | charge-offs p90, members leaving, loans>95% of shares |  |
| 2024-12 | 10 | net worth falling | loans>95% of shares |
| 2025-03 | 10 |  |  |
| 2025-06 | 8 | margin squeeze | 3rd-party paper>100% NW, delinquency 2x band, net worth falling |
| 2025-09 | 6 |  | members leaving, margin squeeze |
| 2025-12 | 9 | net worth falling, repo signal, members leaving |  |
| 2026-03 | 7 |  | charge-offs p90, net worth falling |

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

- 2026-09-04 [ValleyStar Credit Union Raises More Than $45,000 for Children's Miracle Network Hospitals Through Annual Golf Tournament and Employee Contributions. - PRWeb](https://news.google.com/rss/articles/CBMimwJBVV95cUxNWHFDbUFIR3h1bGQwMlZxUFZpTFhqMHd3QUNaWFZMUXNQVC1HTGM2aTVSQjIzTmhWcVRNSTlCNHBjYkwxTmR3OEozWDQ3TUpFTkVVM1BobzZRU2lHNVVwRVBfUUh3MVFqUl9fTldVRlVHNEtBUHo0U0x5R3dfdFdQY1R6VUZoN01jSi04dTJUc01MM2hMUUJFbXE3by1MT0tJeU5QTFRjU19jTWJ1SWxlaU1YNWFVTkRreEdvLVBYd0F6U0JiNjNidXlyRHJsdlVYcnhGcTZjY3ZsUU92WlZqY2x2M3k1ZDd1WXdxWkF5VkdkZjhTM2gwVFcwZ0JqUUZXa3BnUGcxemJITktyVnVKWkFMQy03RzRLdURR?oc=5) · PRWeb
- 2025-09-22 [Martinsville Late Model Stock race: TV channel, entry list, schedule, more for 2025 ValleyStar Credit Union 300 - NASCAR.com](https://news.google.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?oc=5) · NASCAR.com
- 2026-02-18 [ValleyStar Credit Union 300 Set For Sept. 26 - Speed Sport](https://news.google.com/rss/articles/CBMisAFBVV95cUxPQlZPZE1HT19yTzRXMnBWTXd6QnpLY0l5WnpIazZKZ3VlQVR0YlFaVEpkRnpMV1BUN2xkZURtN2pxd2NtOEJCVEk2cC1DbDR3M0p0QWd3clhlejdkR3plRkw0aEw1Qk5ZSG9XQmpqMG82YjNiNkQ5SkNZSUVXbmd5NWZwRmw3VlJ1VTMxVkdtU3RIUzFCQXQza3dHX1hHMXltRURQWnI1a3VHTjRQcTMxVA?oc=5) · Speed Sport
- 2025-09-27 [ValleyStar Credit Union 300 Starting Lineup - Short Track Scene](https://news.google.com/rss/articles/CBMinwFBVV95cUxQNGx6X25IOEthVWtrUE5aZUZsNUxLOUNJMkZBa2o0aGQwRHpDLVBLTzlFM1pWU2dudFFBX1FxRTdrUHhseDRKaERPdXFiV2dJSjk5RTFhU3ZSQU9BM045ZGVKZGJJdm5fR3pEaEdhc3hjMEdSdzhuUmdjdE85ME00cUJ6TXFqQUtTRlVrcDJOaW9RX2J6ZUR5U0JRcEo2Q28?oc=5) · Short Track Scene
- 2025-09-28 [Pembelton wins ValleyStar Credit Union 300 at Martinsville; Hall gets the Triple Crown - WSET](https://news.google.com/rss/articles/CBMiuAFBVV95cUxPNldiejlmWmZlT3lmY0hPSzlwN2s5X2dlUndqZV8tcWtwTjA5alJJSWVkRXFJWHpxUVJqWUdDbTc2UXlYV3Q5b0ZQUzk0Nl8yTUEya2NqNE9UNW96WFdYNHZWNDVPR0hIX2hfeFhkbU9ZNFJkLUgweTYyX0FCTGhvZWw3SGMzdmc3SnBwcTJzSWlodEpUQ1I5S0ItMjNJRThRRnp1RmtMS0t4SzYxRmNQTmgydW5sSllH?oc=5) · WSET
- 2025-09-28 [2025 ValleyStar Credit Union 300 at Martinsville Speedway Results - FloRacing](https://news.google.com/rss/articles/CBMirgFBVV95cUxORUJvMEt4Ny1BTXNOczV0VVA1czhPaVgtUWdYZkdqMHV2NzNRaVpGUTByZlFIN2EzcVBQRmJiMmphTUZoaFUxak1wYk1tUVVBcXFVWkFmSVlVX1VTbldLYU1HTWRwSXFlUXphcE5UYVRjdHV0eHBDZGF0S2xrOVpWRkxEaHVmNGhnTDV5ZC15NXlDWTJyeTM0aEJEMjh2WHJHdVFBZVpNSjNWZmM2OVE?oc=5) · FloRacing
- 2023-11-06 [ValleyStar Credit Union welcomes Woody Windley as Chief Financial Officer - CUInsight](https://news.google.com/rss/articles/CBMitAFBVV95cUxNaFFMUDZmYmxGWm95M0FYMDA3c2g5Vkdra29QbEM3R29mUGtaSkZOSUpnaUtPMG5kZS10cmVxbjJlbjB0eGFTWkZtd0RGTzhRWndWYTdZYjBFRUoxdnc2ZjNGeDJ3MlhyQlZ1VXA2Smd2STZ5RlZValVaNlB3c1ZnZ2FvZnVNVVhmT19YSkJreWJFWWNWajlqVHlVOVJkTGJoZldubUVUVmRSZUVtZGpxaGp3UDU?oc=5) · CUInsight
- 2025-09-18 [Entry list: ValleyStar Credit Union 300 at Martinsville Speedway - NASCAR.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxQSDAwR3I0cE40bHM0RmhfSDN4cmIzdWFBOF83NEprMFloUW1HUVV6X2QtRHVOMWNfR080YXFMX0dLREJPRXMwYTdjM3c4V1lqc2UyS3dmcVdaX252bkM1cTBfMlkyNE15YnV6bVFwcFdhX3Z1YUIxeXdBaGtpZWpEZUMycnh4LVVMUmtBR2MzODFmRWfSAZgBQVVfeXFMUHMyT3YwdUo5aFpJamZfcWNfcnRieHFoWGtKdklIdnM5bVpvdFpWOFRNZGpuMHRrNjNFbFNTbmRWNjJkc2JURERmT1Z4T0V0Rkd6NE53M3NwYVRZMEcwQllYdEx3WWhHSThaOFNFOXVpY0NzbndiRDBmaFUxQW5MYUdDM254VjdJUTZtekp5TzJ0SWpQMFJKbGc?oc=5) · NASCAR.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66924 (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/44.json (key "66924", 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=66924
- 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