# MUTUAL SAVINGS
Atlanta, GA · NCUA charter 67388 · asset band $50-100M · latest filing 2024-12 · stopped filing after 2024-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/mutual-savings-67388

Who the members are: state charter, organized 1991. 5,366 members of 13,800 potential (38.9% of the field); checking penetration 44% (share draft accounts per 100 members); loans per 100 members 46.

**Verdict on the desk:** this could be *quiet fade*. 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 | $72.8M |
| Members | 5,366 (-3.3% YoY) |
| Full-time staff | 10 |
| Net worth | $10.7M |
| Net worth ratio | 14.7% (p72 of band) |
| ROA (annualized) | 0.27% (p26 of band) |
| Total delinquency | 0.10% (p9 of band) |
| Net charge-offs (annualized) | 0.20% (p35 of band) |
| Loans / shares | 66% (p51 of band) |
| Cash / assets | 24.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.57% (p12 of band) |
| Operating expense / assets | 2.62% (p19 of band) |
| Vehicles % of loans | 27% (p24 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p24 of band) |
| Vehicle delinquency | 0.11% (p15 of band) |
| Vehicle NCO | 0.11% (p26 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 61% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 51% |
| Certificates % of member funds | 29% |
| Average share balance | $7,203 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 46% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $16,471 |
| Loans granted, annualized | $6.0M |

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | assets shrinking |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | members leaving |  |
| 2019-03 | 1 |  | assets shrinking |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 | delinquency rising | members leaving |
| 2019-12 | 0 |  | delinquency rising |
| 2020-03 | 1 | delinquency rising |  |
| 2020-06 | 2 | net worth falling, members leaving | delinquency rising |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 1 |  |  |
| 2021-03 | 3 | net worth falling, margin squeeze |  |
| 2021-06 | 0 |  | members leaving, net worth falling, margin squeeze |
| 2021-09 | 0 |  |  |
| 2021-12 | 1 | net worth falling |  |
| 2022-03 | 2 | delinquency rising |  |
| 2022-06 | 0 |  | net worth falling, delinquency rising |
| 2022-09 | 1 | delinquency rising |  |
| 2022-12 | 1 | assets shrinking | delinquency rising |
| 2023-03 | 2 | delinquency rising |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 1 |  | delinquency rising |
| 2024-03 | 2 | delinquency rising |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 3 | loan book shrinking |  |
| 2024-12 | 2 | members leaving | assets shrinking, delinquency rising |

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

- 2025-01-15 [APCO Employees Credit Union announces merger - Shelby County Reporter](https://news.google.com/rss/articles/CBMimAFBVV95cUxPS1pvaUJFaVJaN3lVSUNVNnRhc0NTdm5LSHNWQ2Zra0ZaWllGVHVaai1maU1rUmQ4Tm81WFBTbkhheWxsUFpLRF95UF9DTEVnY2h2Y1ktbkRtWGhSSUpjdmVva0FSQ09ydjNqQ2hPREZxSXBueExvQUJhWFBMdE1oczRyU3FCSjJGZVVUQWN6MjJDT3dZTDdkSg?oc=5) · Shelby County Reporter
- 2026-08-02 [Banking industry navigates deregulation, crypto changes - Virginia Business](https://news.google.com/rss/articles/CBMilwFBVV95cUxPUEk3MTV5eHN5LWV6WG9RQmhYWHl0bDlEOE04ZVpKdFpfQXlNVThTZUtIaW14UVF4OHo5Z0JHUkNydlVTTGRVeFROSjZQd1dxRHdjWnFjbl9Bd2RsLWcyVTQ0aXlGclJDN1ZIWTlWd2NlQ2JyRWw5YmhBRF91UkpMSGZuOUo4M0RqU21LOTBLUmthOFNqTU5n?oc=5) · Virginia Business
- 2026-08-05 [Southern Energy Credit Union plans new Alabama branch - The Business Journals](https://news.google.com/rss/articles/CBMinwFBVV95cUxQRmJQM0VNY2ptbFMtcWNMMGRGTWxjVUdkVTdESFVUcUZpM3BoQ2FvMzV5Y1otNEdCRjZ5N2dodUlGT3BZRmpKdW9PMlNSVVlhc1d1cWNNQzZ0OVhuZWlnYWlIbDFKc3dRSXdLV29aR2c4YkpaMk1HSThkVjl1bzlvVE9CSHU4OXJoZ3FoVmZVRWJ2MmE0ejJuV1N6MmxEV1U?oc=5) · The Business Journals
- 2025-03-25 [Merrimack Valley Credit Union Is Officially BrightBridge Credit Union - CUTimes](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNdFo2WmptS1Y3ZXFsRU5SQ2ZlVGFncGlROHctT0E3UnJ2N3pNbjZ1ZWM5TnVGOE9HSlI2Y2dFRlZSaGdtMml5Q05DYmpsZGZLbm9QS3JUZW9VYzBrWHYxQm82SWJlNm5wZ0dYanJkUkNOTEpaQkx4RVg2M1U3eWc2eHV4VUtPZHRWcVJPZW9CN2VDWmZvXzhGOVRPNldYaEMxbThRcGdpcm4?oc=5) · CUTimes
- 2023-02-10 [New member profile: Rep. Mike Shaw - Alabama Daily News](https://news.google.com/rss/articles/CBMiaEFVX3lxTFBLOFpWRjBtRGs3ZU14bHpncVgwY19venh4VkV0Vld0N25UamxLeWRtOG1vS0ZkUnFOaWNOMHJyaUN6eGhJVXFXS3dqWk5pcFloMDlvWEJQTHl0SmtPTmJFOEpiR0ZYcUVX?oc=5) · Alabama Daily News
- 2025-02-25 [APCO Employees Credit Union rebranding to Southern Energy Cr... - The Clanton Advertiser](https://news.google.com/rss/articles/CBMitwFBVV95cUxQTVlVdUtaN2o3VjFIVjZJanFvT0VEUG5nbGJaSU5fNHZ3OEwzT3Z5NkNoQUpfQmZaVHBfQmxuUjNDSmpiN2lBODZyRkFMcjZSTXBPLXh1aUo1bHQ2YmdSVFo1ZVdad2VBUTA2QTdGU3RFRjBJNkhaNWhiOEd0MEN6TGx1aEREWGlqQXlmRkVtR0w5YUNxQUZ4cnphcDhMc1RqUDg3QnhNUGpSSnVkUTFzM1VfdDFBTEE?oc=5) · The Clanton Advertiser
- 2015-01-20 [Banks and Credit Unions: Competition Not Going Away - Federal Reserve Bank of St. Louis](https://news.google.com/rss/articles/CBMivgFBVV95cUxPMW1OaWcwQ2JWck5GZzVPOWxYRWJmMmpJc3paMzJ4YzgzeGxEXy1jX0RfLUpmSTRGMnpESjdMV2x4ajZyYTlFN2dBamdjWm82Z2dpa0JSNXVXVGllUmZUd0ZiX2pXbE5BMnI2QXdHME1sbmVfazZBaUZYcXl0VFduVzhuN1lrZHY0RmVrcGlYckhHOXZKUmx3X041Z252cFhoOHVHWDk4WDVCSWFNbzlfY3RDLWVtRGdZNFBwYml3?oc=5) · Federal Reserve Bank of St. Louis
- 2026-07-07 [Wanda Willingham Hogan Obituary (2026) - Buchanan, GA - Patterson-Forest Grove Funeral Home & Crematory - legacy.com](https://news.google.com/rss/articles/CBMif0FVX3lxTE9MZDVvNDhsUm1XM2xaenF4SnJDS2ZTazBhdnVqRVptakhKN1JlT2U3SVluZ0d6aWwwM2N0TXktNWVlaXh1NG5PMDhSMklFQ3ozNll2S0dKVXpBYmZUNEJKeTBPMXRIbHZZdjdZTzh2dGpUR01UWWdGOG1Vei16VnM?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67388 (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/60.json (key "67388", 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=67388
- 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