# JACKSON AREA
Jackson, MS · NCUA charter 8445 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/jackson-area-8445

Who the members are: federal charter, multiple common bond, organized 1953, low-income designated, minority depository institution. 15,704 members of 50,000 potential (31.4% of the field); checking penetration 53% (share draft accounts per 100 members); loans per 100 members 41.

**Verdict on the desk:** this could be *stressed*. Composite score 9 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $71.4M |
| Members | 15,704 (0.3% YoY) |
| Full-time staff | 32 |
| Net worth | $-77.0M |
| Net worth ratio | -107.9% (p0 of band) |
| ROA (annualized) | -514.26% (p0 of band) |
| Total delinquency | 1.19% (p78 of band) |
| Net charge-offs (annualized) | 1.39% (p94 of band) |
| Loans / shares | 29% (p5 of band) |
| Cash / assets | 25.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.47% (p39 of band) |
| Operating expense / assets | 522.69% (p100 of band) |
| Vehicles % of loans | 80% (p97 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | – |
| Vehicle delinquency | 0.89% (p66 of band) |
| Vehicle NCO | 1.29% (p87 of band) |
| Repossessed % of vehicle book | 0.17% (p89 of band) |
| Real estate % of loans | 1% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | – |
| Core shares % of member funds | 53% |
| Certificates % of member funds | 16% |
| Average share balance | $5,736 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 41% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $6,700 |
| Loans granted, annualized | $14.8M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 3 | delinquency 2x band, delinquency rising |  |
| 2018-06 | 3 | repo signal | delinquency rising |
| 2018-09 | 4 | delinquency rising |  |
| 2018-12 | 4 | charge-offs p90 | repo signal |
| 2019-03 | 3 | repo signal | delinquency rising, charge-offs p90 |
| 2019-06 | 4 | charge-offs p90 |  |
| 2019-09 | 3 |  | repo signal |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 5 | net worth falling, margin squeeze |  |
| 2020-09 | 4 |  | net worth falling |
| 2020-12 | 3 |  | delinquency 2x band |
| 2021-03 | 3 | net worth falling | charge-offs p90 |
| 2021-06 | 1 |  | margin squeeze, net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 3 | net worth falling, leaning on borrowings |  |
| 2022-09 | 2 | delinquency rising | net worth falling, leaning on borrowings |
| 2022-12 | 2 |  |  |
| 2023-03 | 3 | net worth falling |  |
| 2023-06 | 2 |  | net worth falling |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | net worth falling |  |
| 2024-03 | 5 | delinquency 2x band, repo signal |  |
| 2024-06 | 2 |  | delinquency rising, delinquency 2x band, repo signal |
| 2024-09 | 1 |  | net worth falling |
| 2024-12 | 2 | delinquency 2x band |  |
| 2025-03 | 3 | charge-offs p90 |  |
| 2025-06 | 3 |  |  |
| 2025-09 | 2 |  | delinquency 2x band |
| 2025-12 | 4 | net worth falling, delinquency 2x band |  |
| 2026-03 | 9 | thin capital, capital below 7%, losing money, expense trap, assets shrinking | delinquency 2x band |

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

- 2026-08-13 [Filings reveal former JAFCU head likely facing criminal charges - WLBT](https://news.google.com/rss/articles/CBMinAFBVV95cUxOY2dQWkRYN0tHS0JOTG1HRTZvVWxJTW5xRlVEQVRpU3BtcmJBSktBYWJBeHhNeGU3cnJoTzZXc3FySmNXa0VoZlVkNXdkd1F5R3NGZmsyeTdERjd3V2ZrTFZzS3IwN1gxeGVzbGl3aThoRWVqZzR4ZkpaaHc3bkVaMWo2UmlIcEYxX2tWU3F2VXJhZUducVhGNmlxdVHSAbABQVVfeXFMUHE5c2NvMXNXbFpFa1N0Q2N2aG5FT2tSQkIwN1J3VENVLTJpbWhYd2dpSEw2ZXhPLVdtUlQ0WWNqbGxzdV9rTWNlQUFsZU11Z2otZU1JU0kxcXdxb0ZxUG5nLUYzVDUteTFTQ0JFMUNCTzRvT3FVTkFuUDJsWEhaaVB2bHVFQnVCLVpzcGZicmFqd3BqbEJ0TWdPaDZMckVRMjNiM2ZsZWpKS21OejRTQWg?oc=5) · WLBT
- 2026-08-18 [Jackson Area FCU Ex-CEO Takes The Fifth 16 Times As $95M Case Deepens - cutoday.info](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNZnV3a2lMcUczSUpQZG8xbjdEOHpCdXd6OWVYa2tyam5Vd0JRNGs5OEplLXJSM2NjUnBTcXlCTTRTSDVxUzBUWjY2dHBscHg2VXBGZ05oRldWQTZqM0s5aVE0NnM3Q0xWMjNlOFhoWTVlSUtMX24tOWRMMS1aOXNrbFNBeVdLVG5PV3FpclZiMTctd2xnMF9LMTRxdmM2S0ZfQ1dNcEpaYzg?oc=5) · cutoday.info
- 2026-06-15 [Former Jackson Area Federal Credit Union CEO accused of misappropriating $95 million for luxury buys - WAPT](https://news.google.com/rss/articles/CBMilgFBVV95cUxOTkRPejNoWjNpbzVIeVl3SHZRQUlTaTJvbDVYQWdmdFpYTkRBNHprNHZhZURUNmNPSjBFS3gyOXJnTUFlVGxGR3BTQlA4RE9Ga2tTZlRyeGw2M0ZDaTFOMFo5cUEwSDQ1R0ZsUWVoOFlPNElCVUFGRnNsS3JGa3IxbFVCd09jVGh1VDdHVlNXWkpiQnR1TWc?oc=5) · WAPT
- 2026-05-06 [NCUA Conserves Jackson Area FCU in Mississippi - CUTimes](https://news.google.com/rss/articles/CBMiigFBVV95cUxNQlhGRThxN2MtTUNUMWJZNXQ5bDZTVmdiLWVrc0Nibl93YzJRUVhBbWZvMmUxQ1JlbEE4T1I3RjNCaUpxV1VZQ2lDcFRic0t6YlU5Y2RXaVlTMm1mU2wtMGRuaTI3SnAzMURtVnRyQ1JkVlZIcUhNVU9YWnZKYzVNdENkcWxCV0N2cWc?oc=5) · CUTimes
- 2026-06-18 [Former Jackson credit union CEO wrapped up in $95M embezzlement suit - SuperTalk Mississippi Media](https://news.google.com/rss/articles/CBMimAFBVV95cUxNaHlmaGwzRmFaVldpRF9xa1N3bENfbDI2eGY1N0R1czk3MktZZVVqUndjbUxsd2JRa1dSUGJYT3F5UGliQTBKSnFNTDZRSGJnRkoydWFKaGZQa3RPSEpXSUo3aWtCa0EwZ3ctc1RwT3FlYWhsQkdqSFYyS2NiWFFxWl9JQU90YS1jNEJpWUIyUjhRRnJ6RGRxWQ?oc=5) · SuperTalk Mississippi Media
- 2026-06-15 [Lawsuit filed against former Jackson Area Federal Credit Union CEO - WJTV](https://news.google.com/rss/articles/CBMipgFBVV95cUxPOHc4cDlYREM1WVRCODhpeHpuWV9HVElEa3lYZ1dNT0FDTGZVRENoRjFKVUNGRlU1ZjhKU2d2M1ZTYVV4SVlEbFMyRjZRZE9LY0dHaUpoMlhPWHZyLTAzYkpjdUxPQTRMT0RtZlVkY3F2VnlQNkZuWW1MNGtILUJCV3ZBdEhhZ1poWm95UEkwRVlXQ1FCWHhGTmFEWkZCaUlhdFNfSFpR?oc=5) · WJTV
- 2026-06-16 [Lawsuit alleges Jackson credit union fraud included a Tesla and more - The Clarion-Ledger](https://news.google.com/rss/articles/CBMitAFBVV95cUxPSlZUc0YzYmN6RjFOYmtSSWRTRkV5NWc1WGRlTHM0V1Zha3l2dTk2UWpudTNSVlZYUElJenVrbTdEaENPNmNCLVQ2bXJnOW1XYXBGcUFXWFk1b0JhU01VV3ZiNWtGSlB5UjBsWE5mWTkzMEY0V2VLeE1mN0NtdEJQME11OElNSFZVSlZ3bUVSdlkwOGN1R0xIUlpxNUMxOHhsSlJOekhaeDFyb2U1TlhYT1BRenQ?oc=5) · The Clarion-Ledger
- 2026-05-08 [JACKSON AREA FEDERAL CREDIT UNION CONSERVED - InsuranceNewsNet](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNd29jZmg1YzZMaWtVaGJpLTducWV5N201U2JWd1VZTGxhQ3ZjZGpvTTBFQ2lxWTNnZXlhNFRkdEEzd3lyN0s2dXh6M19hUWh5QWZjUHJYb25NTm9td2F6ODZjZXFMd2hDc2hiTHdmRGFkbTNsdm0xSXlwNmFfV21wbU9TanFvWHYx?oc=5) · InsuranceNewsNet

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8445 (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/61.json (key "8445", 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=8445
- 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