# RAILROAD
Irondale, AL · NCUA charter 68688 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/railroad-68688

Who the members are: state charter, organized 1956. 4,750 members of 100,000 potential (4.8% of the field); checking penetration 16% (share draft accounts per 100 members); loans per 100 members 28.

**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 | $100.8M |
| Members | 4,750 (-1.4% YoY) |
| Full-time staff | 9 |
| Net worth | $14.3M |
| Net worth ratio | 14.2% (p78 of band) |
| ROA (annualized) | 0.64% (p46 of band) |
| Total delinquency | 0.11% (p9 of band) |
| Net charge-offs (annualized) | 0.51% (p68 of band) |
| Loans / shares | 14% (p0 of band) |
| Cash / assets | 25.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.13% (p1 of band) |
| Operating expense / assets | 1.51% (p3 of band) |
| Vehicles % of loans | 62% (p87 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p16 of band) |
| Vehicle delinquency | 0.18% (p18 of band) |
| Vehicle NCO | 0.57% (p52 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 14% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 50% |
| Certificates % of member funds | 33% |
| Average share balance | $13,817 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 28% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $9,062 |
| Loans granted, annualized | $4.6M |

## 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 |
|---|---|---|---|
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | members leaving |  |
| 2019-03 | 2 | net worth falling, delinquency rising | members leaving |
| 2019-06 | 3 | auto monoline |  |
| 2019-09 | 2 |  | net worth falling |
| 2019-12 | 1 |  | delinquency rising |
| 2020-03 | 2 | net worth falling |  |
| 2020-06 | 3 | loan book shrinking |  |
| 2020-09 | 2 |  | loan book shrinking |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 | repo signal | net worth falling |
| 2021-06 | 1 |  | repo signal |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 3 | delinquency rising, assets shrinking |  |
| 2023-03 | 2 |  | delinquency rising |
| 2023-06 | 1 |  | assets shrinking |
| 2023-09 | 4 | delinquency rising, assets shrinking, members leaving |  |
| 2023-12 | 3 |  | members leaving |
| 2024-03 | 3 |  |  |
| 2024-06 | 2 |  | assets shrinking |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 1 |  | delinquency rising |
| 2025-06 | 2 | assets shrinking |  |
| 2025-09 | 2 | loan book shrinking | assets shrinking |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 | delinquency rising | loan book shrinking |

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

- 2026-09-09 [OMNICOMMANDER Launches New Website for Newly Rebranded Switch Federal Credit Union - EIN News](https://news.google.com/rss/articles/CBMiwgFBVV95cUxOWmpMX1BEQmdRM3NoaThwWkExOGRVZzRtalJ2cmxTak9pZzNKWU5waFNHMWI3bEEyaTFxM2RKQkw1MDlBOW1RcXpEQ3VKZ1dtcUttbGYydDhQeFlqTDV1VzhKYXMteXEwdVo1cnVHS1Nqbmk4azRISDEtdl8wWVhNdU1pSW5KaVJZWWhjaXhOMXl3NDlHLUJXZV95SVFfUmxaR1BNX251NDBSRmY0Ulc5VUtHTmhyVnJTYV9HTjJNaENNdw?oc=5) · EIN News
- 2026-03-25 [Inside Alabama’s credit union movement - Business Alabama Magazine](https://news.google.com/rss/articles/CBMidEFVX3lxTE0xbDYwZ3JkY0JMaXNPSmlMU21DZF9VSHg1TGRnVG5YQUVTUTFncThEbzlqN3JDOERBMXRwT2h5ajhQLTRlNTAzU1RrUDhLZ2lKYUd0NHBDNlZidEU2RDJnbGJoVXBvRVEycUhhbDVXd21QZWtI?oc=5) · Business Alabama Magazine
- 2026-06-05 [Railroads skittish about foot and bicycle traffic through Durant Canyon - Billings Gazette](https://news.google.com/rss/articles/CBMiowFBVV95cUxOM0xKaEJFem9YTnlXVGZ6aGZ3Sno0MXFqYmxaMHdGR1YyZTQ0bGtHeVIzM295SFZTNTA3aFMzQlBRa19LazZUR1NyV3BMMWwzelFCeDlNQUNzR2JfWF8yd29vejN0Y3pfZTlLbE5IM3BSOWJseVFiWnFrS3pJWWZESmt3ZEZZRjBPMFJlenZKQy1YelB6OFYwQjREWjZzMmw4X0Q4?oc=5) · Billings Gazette
- 2026-08-10 [Coosa Valley Arrest Reportstimeline Friends2 - Oma Erto](https://news.google.com/rss/articles/CBMifEFVX3lxTE16V2tGVG5Mb2FBTFlHM0Jfekg5STZLV2RTcjNLclRSMC16MVZYYXdpYllhNVlCeXZYNDJFYVpaTjg4ejAwOE16RnFzR0FVcVU3OE5QT20wVWhER04xbGZ3NUtqU1oyNW5OcW11N2ZHaW45MVNoVkdpR1Nxdmc?oc=5) · Oma Erto
- 2026-05-20 [Foley Event Train launches summer season with America 250 celebration - Gulf Coast Media](https://news.google.com/rss/articles/CBMisAFBVV95cUxOM2dwMDJwQU1DUXJmR0t4aG5FUTNpeW9YUEEzWlhnYlNtYkh2Z2FHa181dFB2Vzl6TXBtNWZyTVE2ZGVWbDVsWDBzRkl5LWNwMW5BLWIzM0RxNGhBcmRxQUstUlJTaGhDQVRPYjF5RE1QbVB4dXlmZ1NDVkJvbjBpMzJNOWU0UTJXdnNHeGViX1JhT3hLZVVNX3VNblZUUjdmQmZrdHpfemtibkwzb09EUg?oc=5) · Gulf Coast Media
- 2022-03-13 [Railroad & Industrial Federal Credit Union announces name change - CUInsight](https://news.google.com/rss/articles/CBMipgFBVV95cUxORUd4cXQzeFQtaU1xeVh4aTI4OWJKLUE1c25XZ3FIR2FJdlBFT2M5d3gtamZzbENrVTZkZVdBalVxUElLRVg4RExLN1Q4bC16Ul9ackY4cFV0NW92aThjNlc1QWRKR3NpYnVPd0YtRUQ2bVU2eV9VcEZKYi15S2NZS2NFeGE3WE1IamxjbTFwTmhJRWNibjczRFd2MWx5NTRxUzV6aVZB?oc=5) · CUInsight
- 2016-04-14 [SRP Federal Credit Union names new president, CEO - The Augusta Chronicle](https://news.google.com/rss/articles/CBMivAFBVV95cUxOZ0d6am41dExpNUZDTlVTaF9XWkNobllPSmF1aE5jcnVReEprdGRMcWo3M1ZYOXlPYTJWT19weE5EaGxUb05YX0Y3VzZGd1lfbXlIcjd0SWszaV9JM0RVbTVsdGVtQXhUV1FXdzBTOXZxYzE5WU1Mbzl6VjBVTE9iUmdiQ0puUU9iclFDSExoNkVQaDk0b0hzN0Zmc0dJanVPa0k0VF9DaGRjWjFodFVMdmxTdUNnSGhjTXUxQg?oc=5) · The Augusta Chronicle
- 2026-03-02 [Why AmFirst is doubling down on downtown Birmingham and the future - Business Alabama Magazine](https://news.google.com/rss/articles/CBMimwFBVV95cUxPQXhwU0NuMlVjbTFVSTQyakd4VlZia0MweUstN0RXc1piWDRzc0pxMDJ0SEdEVXIwN2tQMHpCZ1BfTTVDa0paWDVUWGJzRzhzLWpscnpZV2hRQ1ZFTmNjdFZ6OWtJcDFLUUNKNUdlVF8ycXZmUjRPWks2by1xZERTZ2FSSVNLSVdyVEw4TVFQVmJScGFWVlNNUVJFQQ?oc=5) · Business Alabama Magazine

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68688 (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/16.json (key "68688", 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=68688
- 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