# RVA FINANCIAL
Richmond, VA · NCUA charter 6878 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/rva-financial-6878

Who the members are: federal charter, multiple common bond, organized 1950, low-income designated, minority depository institution. 10,471 members of 500,000 potential (2.1% of the field); checking penetration 60% (share draft accounts per 100 members); loans per 100 members 37.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $81.7M |
| Members | 10,471 (-2.3% YoY) |
| Full-time staff | 27 |
| Net worth | $9.5M |
| Net worth ratio | 11.6% (p37 of band) |
| ROA (annualized) | 1.61% (p87 of band) |
| Total delinquency | 1.43% (p85 of band) |
| Net charge-offs (annualized) | -0.08% (p5 of band) |
| Loans / shares | 74% (p76 of band) |
| Cash / assets | 21.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.62% (p49 of band) |
| Operating expense / assets | 8.23% (p100 of band) |
| Vehicles % of loans | 30% (p29 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 20% |
| Third-party paper % of net worth | 33% (p72 of band) |
| Vehicle delinquency | 1.43% (p81 of band) |
| Vehicle NCO | 0.63% (p72 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 59% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 66% |
| Certificates % of member funds | 22% |
| Average share balance | $3,564 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 37% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $13,704 |
| Loans granted, annualized | $10.3M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 5 | thin capital, expense trap, delinquency 2x band, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 6 | losing money |  |
| 2016-09 | 6 |  |  |
| 2016-12 | 7 | charge-offs p90 |  |
| 2017-03 | 8 | capital below 7%, net worth falling | delinquency 2x band, losing money |
| 2017-06 | 6 | loan book shrinking | capital below 7%, net worth falling |
| 2017-09 | 6 |  |  |
| 2017-12 | 7 | members leaving |  |
| 2018-03 | 8 | delinquency 2x band, delinquency rising, assets shrinking | charge-offs p90, members leaving |
| 2018-06 | 6 |  | loan book shrinking, delinquency rising |
| 2018-09 | 5 | charge-offs p90 | auto monoline, delinquency 2x band |
| 2018-12 | 5 | delinquency 2x band | assets shrinking |
| 2019-03 | 6 | members leaving |  |
| 2019-06 | 5 |  | members leaving |
| 2019-09 | 6 | members leaving |  |
| 2019-12 | 5 |  | delinquency 2x band |
| 2020-03 | 6 | net worth falling |  |
| 2020-06 | 7 | margin squeeze |  |
| 2020-09 | 6 |  | net worth falling |
| 2020-12 | 6 |  |  |
| 2021-03 | 5 |  | charge-offs p90 |
| 2021-06 | 6 | delinquency rising, charge-offs p90 | 3rd-party paper>100% NW |
| 2021-09 | 4 |  | thin capital, delinquency rising |
| 2021-12 | 5 | delinquency 2x band, delinquency rising | charge-offs p90 |
| 2022-03 | 3 |  | delinquency 2x band, delinquency rising |
| 2022-06 | 2 |  | margin squeeze |
| 2022-09 | 1 |  | members leaving |
| 2022-12 | 2 | members leaving |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 3 | delinquency rising |  |
| 2023-09 | 3 | losing money | delinquency rising |
| 2023-12 | 1 |  | members leaving, losing money |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | losing money |  |
| 2024-09 | 2 | assets shrinking | losing money |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 4 | delinquency 2x band, delinquency rising |  |
| 2025-09 | 3 | members leaving | assets shrinking, delinquency 2x band |
| 2025-12 | 2 |  | members leaving |
| 2026-03 | 5 | net worth falling, margin squeeze, delinquency 2x band |  |

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

- 2026-07-16 [Pack the Backpack FOX Richmond Cares Teacher Supply Drive - WRLH](https://news.google.com/rss/articles/CBMilgFBVV95cUxPR1p1YjFhRzlnMmVXd3FlbTVyWnpBYk9wRFBuSGdFS3d1OTlLaHhnRU5fS2RHd3lBT2J1VTRaTUpQUkxlRm1zTzdYWDQ0T1hZLVhxQnZXU2xfb1M1VGVPbW0xNFZCVmFIZXVyd2F5VHdHZjY3ZHoxaUo2Y1VSZUJISG9RSkk0WEo1TE54OWpnMTlxRjYyX0E?oc=5) · WRLH
- 2026-09-08 [54 Credit Union Leaders Earn CUDE Designation - cutoday.info](https://news.google.com/rss/articles/CBMiigFBVV95cUxOZVpnbEstUFVkSDRERlRkaWlLX240b3pWSm1DMTN4VW83REFRZzFMU2w5eDcxSGVhRVdnSlk1c3pMcmJtWk5OeUVvb0tLMWVoT3FRNElON1pPM21aZGR0eEI0SWhUY0wtN0lSSDFsSmJBcDQxenBmZFJSbzhNT2tmTFdZTXphWUZtN0E?oc=5) · cutoday.info
- 2026-08-05 [William C. Nelson Jr. named chief of staff for the Office of the Provost - VCU News](https://news.google.com/rss/articles/CBMioAFBVV95cUxONDRHMTVKVjVoaVdQcmlDcUQ4QlJlSE9neHgwZTBuRlJJRE5iRTdQY05obFR3TXFhVDY2X3pmUXV6bFp2S0VSa1NoTi16dVk2dTBRemw2aURpRl91aEI1YUU0R2RRblRuTDdPVy1RQVFzVE9GcjNyaDQ0T0NYNklQZWh2VDVKV0NfZThqLUZobWNRVUZZNHc2RGpTVmlaOHVv?oc=5) · VCU News
- 2026-07-11 [Connect RVA - RVA Financial Federal Credit Union - WRLH](https://news.google.com/rss/articles/CBMilwFBVV95cUxOWldxRDhIVUpBX2h2RDM4Q2k0UUlwUExiUU5ZaGJ4V0RzZVhFeGFsTG9JdXdha3pvTjRGUmxMd0ZFOGdzdVN2UnhONGdsLS1XNTBtQ3pNLThpbmpRaGJESEJMM1JkSUVrOHVMNWNTNmlrR0hOM1ZldHB0NURVQTNNSFVXLUtjTTBUTlllVy15Z0xKQVBBc0Fn?oc=5) · WRLH
- 2026-04-06 [Businesses that opened and closed around Richmond this past month - Richmond Times-Dispatch](https://news.google.com/rss/articles/CBMilAFBVV95cUxNamxwbzdUOUtNRGJ0bl9UVTVMOTUwYk1Va0Jhd0o2bmdGd193WnQwWWlwT3BsTGg1aHg4VEpqSGxEbzNSQ29pRFlYVVc3Y0pJQ2swRVJKRVpUa2g5WnJhT1BWRU9UNEJqMlN6VmRDeWZkNHllcDBUOWlHMmJVSHVITUdHTVBwUWlNUGJVRldTZGtkc2FV?oc=5) · Richmond Times-Dispatch
- 2023-01-04 [City fast-tracking new zoning for Diamond District project - Richmond BizSense](https://news.google.com/rss/articles/CBMioAFBVV95cUxOUU1SZ3QxME1BcjJHamFISzJpN1FBb3VHV2ZHVFdpNmNWTXRTdzBzQ3FGQ05Sc1hGamdpZmJvZWpOamhMMWRSMzRsTzhCNGlJdklpeWhCcmdma0Q0Y2V5c0k1aVBUUWVITm56N3BqZ0FOY2w0bWV6bDdfZWsxNHBoUklJaGJ6d1dDQVNRZnAyb21qY2xwWTFKbXhSaExqUEVr?oc=5) · Richmond BizSense

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6878 (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/30.json (key "6878", 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=6878
- 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