# MOUNTAIN
Waynesville, NC · NCUA charter 68531 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/mountain-68531

Who the members are: state charter, organized 1963, low-income designated. 31,225 members of 500,000 potential (6.3% of the field); checking penetration 71% (share draft accounts per 100 members); loans per 100 members 49.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $370.2M |
| Members | 31,225 (1.0% YoY) |
| Full-time staff | 82 |
| Net worth | $41.1M |
| Net worth ratio | 11.1% (p49 of band) |
| ROA (annualized) | 0.48% (p34 of band) |
| Total delinquency | 0.69% (p59 of band) |
| Net charge-offs (annualized) | 0.66% (p74 of band) |
| Loans / shares | 64% (p29 of band) |
| Cash / assets | 22.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.06% (p79 of band) |
| Operating expense / assets | 4.58% (p86 of band) |
| Vehicles % of loans | 47% (p75 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 42% |
| Third-party paper % of net worth | 98% (p56 of band) |
| Vehicle delinquency | 0.67% (p59 of band) |
| Vehicle NCO | 1.12% (p74 of band) |
| Repossessed % of vehicle book | 0.10% (p72 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 18% |
| Core shares % of member funds | 63% |
| Certificates % of member funds | 14% |
| Average share balance | $5,555 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $7.6M |
| Loans outstanding per 100 members | 49% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $13,540 |
| Loans granted, annualized | $87.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $7.6M outstanding purchased (18.4% of net worth), $0 sold and retained. Sold in 0 and bought in 5 of the last 8 quarters. Shares 2.4% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | repo signal |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 | delinquency 2x band | repo signal |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | charge-offs p90, repo signal |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 1 | net worth falling | delinquency 2x band, charge-offs p90, repo signal |
| 2017-12 | 0 |  | net worth falling |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | 3rd-party paper>100% NW |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | auto monoline |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 1 |  | auto monoline |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 2 | net worth falling |  |
| 2020-12 | 3 | thin capital |  |
| 2021-03 | 4 | margin squeeze |  |
| 2021-06 | 3 |  | margin squeeze |
| 2021-09 | 2 |  | net worth falling |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 1 |  | thin capital |
| 2022-12 | 2 | delinquency rising |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 1 |  | delinquency rising |
| 2023-12 | 1 |  |  |
| 2024-03 | 2 | delinquency rising |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 1 |  | delinquency rising |
| 2025-03 | 2 | net worth falling |  |
| 2025-06 | 1 |  | net worth falling |
| 2025-09 | 1 |  |  |
| 2025-12 | 0 |  | 3rd-party paper>100% NW |
| 2026-03 | 1 | net worth falling |  |

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

- 2026-09-02 [Mountain America Federal Credit Union Review | U.S. News - U.S. News & World Report](https://news.google.com/rss/articles/CBMiggFBVV95cUxOd2MwWjlOSXZVaFdxblRGM05TQmZWNmY1ZURrWjB6Vmh5NWgySDMtTkxHSDIteE1VOUtGUDNLU3NkbWRaUFFuVTRtaEQ3SUoyQzlYakF1ZUVyTXZqR3NiZVhwa3pyRHVPSFJ6Y25FVUstTENMZjZFa01udUxvTG9VOFVB?oc=5) · U.S. News & World Report
- 2026-05-05 [The 10 Largest Credit Unions In The U.S. - Bankrate](https://news.google.com/rss/articles/CBMidEFVX3lxTFA4ZGZEYmpOV1llV1R3VDk5T1pYcURFb01HcEc0VTQ2RlFfajJfa1UtMi1HRGN6ZDFsaXUzcEVsaDlKZDE5NW9YTkgyWU82V3lWT25sYi1SOXlNSWhlT0p0N1JLbzFKaWJRc2N5dHozMndDbVI0?oc=5) · Bankrate
- 2026-08-25 [Former Credit Union Employee Makes Run For Congress In North Carolina - cutoday.info](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOZEMtenFZMDBCSzV1MF9qekhqYVBtSERkSHZ3ZE1YNEZFSVhUZDljLTFuT3Qwck04MjR4NWxEZTkteHZoeHhCUHZ1OUxSRjNXMWM3S19vWnNNelNqelB1ODZGcTljUTUzcXZvLVJLanJiUXNfUTRYaS1BbW5EaEQ4QXpwOVBBR0dqWTR1MlJ1dUN5RXMxVkFXbFMxY1UxbGpxREh4X1F0djY5dw?oc=5) · cutoday.info
- 2026-02-23 [Mountain Credit Union gets green light for 3-story office building in Waynesville | News - The Mountaineer](https://news.google.com/rss/articles/CBMi-wFBVV95cUxOQW1hajhHV3NmZEZ3MVhDdXFsdDdEcWYxNlFRemxJMV9IN3B5YWNjZ05lRXFqaEZLOTg4MVdueEs1ZGlDWHNaeUZOeFBRa2ZXWEdRM3J5TndIUzZBVTl2SDBVbHo1YldiY3prYkwxdm9INU9YaVBHT053bUZ3WFBIUXZfZVp6bm1DdzRORVJGT0ZKUWotREVaYTEtTmxWWGlid0JmOS0zbnZwTDN2V2RrRXRyMnZVMTkyR0lJR05CUGpxM25RWWpsczgyVVVFU19VRzJzWHBQWWlJQ0hhb3BnZURSek9hdEllbWt2OFhESHgyZ01wWTZnbWZJcw?oc=5) · The Mountaineer
- 2026-07-14 [Credit Unions in 9 States Appoint CEOs - CUTimes](https://news.google.com/rss/articles/CBMif0FVX3lxTE9OUTlrVVlkMVBqSGdHNFFlYkhialpxM3Boam5qWjJ0MFBxaUN2SE1kYU0zUlZvV1hNcTYyOTQ5cGNmUGtxQm9tUHNEU29lQ1Fnb1Fya1ZZcXdRdDdydzNjZlltZFVCWEtyVDJRWU1wQjZlVjE2ZjNaZzZvNFQ2MmM?oc=5) · CUTimes
- 2026-05-15 [Longtime Mountain Credit Union employee promoted to CEO - The Mountaineer](https://news.google.com/rss/articles/CBMi2AFBVV95cUxNSmcwdmpSOGtRNWJhQTUyMmtwY3gtcU5nXzduSllqTy1hc0p1LVdXWlpickhocUNMMVZHUm5tc3pRZzhqOVdjeW9zUGxmYnJqdS1uckRENUtNZ3hoSHhwNW5Sb3AzdHVSQmd1VjJ5VUpmZGR5N1plR1d0MmduTFNTQlFMSkY3UFZOR3V0clh0UkVJOGE1QVpKR1hFNmViQXFRcEl3UEZaSmVKNm9xbXpGdThpbXFQajFyTmVhLXFqVGcySkJMWHoySFRoQ1JlQTZuZnZxc0kwRVA?oc=5) · The Mountaineer
- 2026-02-17 [GET PUMPED, HAYWOOD! World-Class Racing. Big Air Energy. One Epic Weekend. - Haywood County, NC (.gov)](https://news.google.com/rss/articles/CBMiY0FVX3lxTE1iYWZqXy1RaXNwOUlrS0RQMTVlQVdWc3E3Q0lRWlBCSXJiQWUwbU9mM0tyV21JbWNhdzFTcHBPRWZOR0RVODEtNnpPdEF1Ui1pcGhnNEQwbzRyRDNxY1dxZGxRQQ?oc=5) · Haywood County, NC (.gov)
- 2022-03-17 [Amy Woody takes the reigns as CEO of Mountain Credit Union - CUInsight](https://news.google.com/rss/articles/CBMioAFBVV95cUxOVGdLSzhpWW5ONGZERmhaMGxUQXpDTUIyYzF6WURrRFRlUnJUN3FsU255S0phNzVycDlOMGtLZk5oWVRxdlRJT0xlSS1jeXlMam9XaG81clVCZDN1bTkxejI4Q081Umo4TEVVVmtzZFZGN0dwdWF4QUhwTTU0bVdZTkFnTzhfWWptMXlXSGdPWEwxX2E2a2M1MDVsMVlRcThF?oc=5) · CUInsight

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68531 (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/51.json (key "68531", 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=68531
- 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