# HAPPY VALLEY
ELIZABETHTON, TN · NCUA charter 68097 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/happy-valley-68097

Who the members are: state charter, organized 1934. 3,228 members of 8,700 potential (37.1% of the field); checking penetration 45% (share draft accounts per 100 members); loans per 100 members 42.

**Verdict on the desk:** this could be *auto monoline*. 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 | $36.4M |
| Members | 3,228 (-2.1% YoY) |
| Full-time staff | 7 |
| Net worth | $6.6M |
| Net worth ratio | 18.2% (p67 of band) |
| ROA (annualized) | 1.02% (p71 of band) |
| Total delinquency | 0.61% (p48 of band) |
| Net charge-offs (annualized) | 0.13% (p60 of band) |
| Loans / shares | 32% (p15 of band) |
| Cash / assets | 71.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.45% (p32 of band) |
| Operating expense / assets | 3.16% (p36 of band) |
| Vehicles % of loans | 70% (p65 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.55% (p53 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 4% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 14% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 73% |
| Certificates % of member funds | 14% |
| Average share balance | $6,812 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 42% |
| Loans granted per 100 members, annualized | 19% |
| Average loan balance | $6,856 |
| Loans granted, annualized | $3.9M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | delinquency 2x band |  |
| 2017-03 | 1 | delinquency rising | delinquency 2x band |
| 2017-06 | 0 |  | delinquency rising |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | auto monoline |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 3 | delinquency 2x band, repo signal |  |
| 2019-03 | 1 |  | delinquency 2x band, repo signal |
| 2019-06 | 4 | net worth falling, delinquency 2x band, delinquency rising |  |
| 2019-09 | 3 |  | delinquency rising |
| 2019-12 | 3 |  |  |
| 2020-03 | 5 | repo signal, members leaving |  |
| 2020-06 | 7 | losing money, margin squeeze |  |
| 2020-09 | 8 | loan book shrinking |  |
| 2020-12 | 7 |  | repo signal |
| 2021-03 | 6 |  | members leaving |
| 2021-06 | 4 |  | net worth falling, margin squeeze |
| 2021-09 | 5 | members leaving |  |
| 2021-12 | 4 |  | members leaving |
| 2022-03 | 6 | net worth falling, charge-offs p90 |  |
| 2022-06 | 3 |  | delinquency 2x band, net worth falling, charge-offs p90 |
| 2022-09 | 2 |  | losing money |
| 2022-12 | 2 | members leaving | loan book shrinking |
| 2023-03 | 3 | assets shrinking |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 4 | delinquency rising |  |
| 2024-06 | 4 |  |  |
| 2024-09 | 2 |  | members leaving, assets shrinking |
| 2024-12 | 3 | repo signal, members leaving | delinquency rising |
| 2025-03 | 2 |  | repo signal |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 | delinquency rising | members leaving |
| 2026-03 | 2 |  |  |

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

- 2026-05-26 [Northeast Community Credit Union selects 2026 William L. Armstrong Scholarship recipients - Elizabethton Star](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPSEprS2lhVzFxOHBTbVBlaGdtQlpwdXhsNmhkYkMxc2NjZFk3VTRVazJCUXpycG9uY1pEUl9HSkZaWmNfYVFqTENzQlBMVlZVV3M0WEJmaHNjdnBERUdHeFMxVHFUXzgtQnZCaDhUWlgteHJDdVlNSkhIUklfQWRPLVNjak9uTWNFbDBFTEp1MFpVTlVxdWVqajB6WWs2QnR3T1FlREtaMWhtV3dhU1pZNjVVNlhVaDNBQjJWSmVfU1ZZMDQ?oc=5) · Elizabethton Star
- 2026-04-11 [Carter County Mayor candidate Danny Deal - Johnson City Press](https://news.google.com/rss/articles/CBMiigFBVV95cUxQYkd2UWpmMk90ZnZ4cUJhbW9UMnQ3Znl2NUlxVXVkR3Q1Z3lNZmlEYVMwTHNhNlZOUWZEZnhPZFZQOW1PeEUxeW5QemJDWXdzRDRBRTFIV2hBdDlGZDJwN29hYkRnX1pVWTBub01QdXh2Y1YxNmFBOTJ6eV8yM3IxaWY3MHpCVUtVMlE?oc=5) · Johnson City Press
- 2017-10-20 [Once like a small city, Happy Valley has been sold - Oak Ridge Today](https://news.google.com/rss/articles/CBMiigFBVV95cUxPbDQ1NUJta3dvTXhNNnpqa2kxaGdab3ZQdnkzdXQ2Um1KT25ZOTRwTnM2Z1dIYjl4andJRGhqM2xhLVVNbjNWczZvZ0VOdXp2WEYxbmdMRXAtOW1adWJEbXJmMUk3TkkwYU9FTXduaUp6WHpRblB1UlpOMnB1MHp1LUZLYmMzd3F5V2c?oc=5) · Oak Ridge Today
- 2024-12-02 [Where did Oregon bank robber spend stolen cash? ‘Video poker machines -- as fast as I could put it in’ - oregonlive.com](https://news.google.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?oc=5) · oregonlive.com
- 2022-07-15 [Norma Greene Obituary - Johnson City, TN - Dignity Memorial](https://news.google.com/rss/articles/CBMihwFBVV95cUxPYmRrdFZLZG8tT0R2d0hFY3RHNENGNFNjcUlpcmwxMWZkMVRpTDJBMWlJN2l1QUN3WEJMOWFjVXFQMjc5SWp2Z2dCdDU2eFdYbkFSTW9rVGoxNmU4TWVmSUI4NHVqdEtZYzFWbVF1YmY2TjQtQW8zYTd0aXpJeGUtT1JzNjU0Y2s?oc=5) · Dignity Memorial
- 2022-02-27 [Elizabethton High School (TN) JV Baseball - MaxPreps](https://news.google.com/rss/articles/CBMijAFBVV95cUxPMFNBSXVCMEotcmtISXFTVFNROTdJbDkxOFAxMlFzaDEzbkVFVDZBRlUwdnBtdmFGYlV1YUtCS3RNZlRSaFhNYlotN2cteldPZ2hQUU1EQmlyZmNKbkFBcTZMRVYtUXlnZk4wcmRGb3ZOdkVjb0wzQzgzYkpwdFBOQUZ2RTBncDRqdHoxQQ?oc=5) · MaxPreps
- 2025-07-21 [Northeast Community Credit Union supports local students with Back-to-School Bash sponsorships - Elizabethton Star](https://news.google.com/rss/articles/CBMiywFBVV95cUxQUTF0RTFVeGhvMDFxU1dKUmFnMTZ0M0pEdndBcmNDYzZhN1RYQzVCX3lSM2p0V1NyWUhkMUVGa010d1JJNXBXb0lmc2x0amJOTzdyUlVkTnZQV1pLMnBFYlZwV3hBWmtJTnhkYnh4LU1hLUQyZWF4R3JxWktVenh1TnNsUXVJS2g0SHNzLWwwcUtaUXBpSjYxOHlsTU5YdGRUVk5lT2ZLUGUxT1p1V3dZb3EtTTJyN1FWQ1h4OG1xZVZsTFJZZGxmclFnRQ?oc=5) · Elizabethton Star
- 2026-08-17 [Firefly 5K Run/Walk sees record number of participants - Elizabethton Star](https://news.google.com/rss/articles/CBMilgFBVV95cUxNQktDSFJMOWl5cmE1eVFHOExmMlhWYWtPR3FUREpvYVRaYjRFaHVHejZhNDlaOXdlVzNJUFRTdVM1RVRtYklQZDl1OHdxWlg5S1pDWmtVdXFnWXlnay1nSTN4em9WV2N5aVFPR3F5b1g1OVJnYk55M0JJLVFqVFAtOFdHUWxRVEtqa0s2Y19tMHhCNkp3c0E?oc=5) · Elizabethton Star

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68097 (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/1.json (key "68097", 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=68097
- 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