# REV
CHARLESTON, SC · NCUA charter 9986 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/rev-9986

Who the members are: federal charter, multiple common bond, organized 1955, low-income designated. 66,276 members of 1,955,521 potential (3.4% of the field); checking penetration 55% (share draft accounts per 100 members); loans per 100 members 52.

**Verdict on the desk:** this could be *liquidity-tight*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.21B |
| Members | 66,276 (-0.3% YoY) |
| Full-time staff | 265 |
| Net worth | $168.9M |
| Net worth ratio | 13.9% (p89 of band) |
| ROA (annualized) | 0.49% (p30 of band) |
| Total delinquency | 0.61% (p49 of band) |
| Net charge-offs (annualized) | 0.36% (p31 of band) |
| Loans / shares | 103% (p94 of band) |
| Cash / assets | 9.3% |
| Borrowings / assets | 10.61% |
| Net interest margin | 3.67% (p73 of band) |
| Operating expense / assets | 4.34% (p92 of band) |
| Vehicles % of loans | 13% (p17 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 63% |
| Third-party paper % of net worth | 96% (p39 of band) |
| Vehicle delinquency | 0.26% (p16 of band) |
| Vehicle NCO | 2.09% (p86 of band) |
| Repossessed % of vehicle book | 0.05% (p42 of band) |
| Real estate % of loans | 45% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 167% |
| Core shares % of member funds | 56% |
| Certificates % of member funds | 28% |
| Average share balance | $7,734 |
| Participations bought / yr | $0 |
| Participations sold / yr | $20.0M |
| Participations outstanding | $109.6M |
| Loans outstanding per 100 members | 52% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $28,712 |
| Loans granted, annualized | $285.7M |

## Participation posture (from the same filings)

Bought $0 and sold $20.0M in the latest annualized quarter; $109.6M outstanding purchased (64.9% of net worth), $14.6M sold and retained. Sold in 2 and bought in 3 of the last 8 quarters. Shares 4.0% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **expense trap** (`earn_opex`)
- **loans>95% of shares** (`str_ltos`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | expense trap, 3rd-party paper>100% NW |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | leaning on borrowings |  |
| 2016-12 | 3 | net worth falling | expense trap |
| 2017-03 | 4 | expense trap |  |
| 2017-06 | 2 |  | net worth falling, expense trap |
| 2017-09 | 3 | expense trap |  |
| 2017-12 | 2 |  | expense trap |
| 2018-03 | 2 | losing money | leaning on borrowings |
| 2018-06 | 2 | net worth falling | losing money |
| 2018-09 | 2 | leaning on borrowings | net worth falling |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | net worth falling |  |
| 2020-06 | 4 | delinquency rising |  |
| 2020-09 | 1 |  | leaning on borrowings, net worth falling, delinquency rising |
| 2020-12 | 1 |  |  |
| 2021-03 | 2 | net worth falling |  |
| 2021-06 | 2 | loans>95% of shares | net worth falling |
| 2021-09 | 2 |  |  |
| 2021-12 | 1 |  | loans>95% of shares |
| 2022-03 | 2 | loans>95% of shares |  |
| 2022-06 | 3 | leaning on borrowings |  |
| 2022-09 | 4 | expense trap |  |
| 2022-12 | 4 | net worth falling | expense trap |
| 2023-03 | 4 | expense trap | net worth falling |
| 2023-06 | 5 | delinquency rising |  |
| 2023-09 | 4 | members leaving | expense trap, delinquency rising |
| 2023-12 | 6 | net worth falling, expense trap, loan book shrinking | members leaving |
| 2024-03 | 5 | members leaving | loans>95% of shares, loan book shrinking |
| 2024-06 | 3 | loans>95% of shares | net worth falling, expense trap, members leaving |
| 2024-09 | 3 | expense trap | 3rd-party paper>100% NW |
| 2024-12 | 4 | 3rd-party paper>100% NW |  |
| 2025-03 | 5 | net worth falling |  |
| 2025-06 | 4 |  | net worth falling |
| 2025-09 | 3 |  | 3rd-party paper>100% NW |
| 2025-12 | 3 |  |  |
| 2026-03 | 4 | net worth falling |  |

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

- 2026-07-03 [REV Federal Credit Union arrives in West Virginia with acquisition of First Neighborhood Bank - The Parkersburg News and Sentinel](https://news.google.com/rss/articles/CBMi4gFBVV95cUxPRV8yLTVGYVVOTWtaSTY4ZEM0NDBVWTQ1LVY0TTJlQWVxMGRoTjlwOTZjem5fNkNpeHExR0ZWbzJFeE5ZWEJKTUUtTS1UcTMtY1hSZFJ1emxrODhQMnBIMTNseUVEbzM1QTlKTlhPV2pYcnpOVVZ5UlpXVHJGeDdmaDVWVE9taG1ZQW4teHpVQVBZWjNzeDlrWGZmY0RuY2ZfME1QWWlWRl9kY1BsaHZOOHRUbXZpQTVjQTh3TmJ3eV9lUTJfckp4T0M0UTNSRE1zOTJPRHdZck1wWldCTGdEOXl3?oc=5) · The Parkersburg News and Sentinel
- 2026-03-10 [Carrick Professionals appoints REV Federal Credit Union CEO Jason Lee to Board of Directors - CUInsight](https://news.google.com/rss/articles/CBMizAFBVV95cUxPSXV6R3JOZWZabW10dVFsN09wbHdNSnZkNjRReUtWeml0Z0pxdW9CMk93RTNvSFYyazBaRHQ2Z2hEb284S09hODBNSTc1b1FVOGhodElzLVo1allLcmFIakZ3MFFhdXcxSGFNTHdrbEZjMEVIRUVmelFqc2pqZHRWcDFXQmZGM2phSzhjMFU1WF9OUVNNY2paeXdLdnNlSHI0eFNhb2ZsX0Nsc0ZFV3F3VWRwOElkcVNxczVoNmtDZGpvQ1FmRnBKZG81ZDA?oc=5) · CUInsight
- 2026-04-17 [Built Here, Still Here, Still About People: REV Federal Credit Union - Mount Pleasant Magazine](https://news.google.com/rss/articles/CBMixwFBVV95cUxPd0c4WUNYTFluQnM2Q1daLWY5azVmcXRyd2Y2bGY3dlNBTG1oM241N2VsT1J4d0JPSlkwSFdTVUNPX2hHbGdaY3dtRFQ0NUpDTXNzY01fdGNSVWFvSVpPZ0trTG96bHB0ZVJEUFdaQUJBU1laZEJINU8ySnJ3S3JqZ3JNb2RJaU54dmNzYXV1T3dsLURHRFM4bDhFbXk2ajhfa1BkdElHM0ptY2h6UmtmTGh3eGc1Zll0dkd0bktBZGxhUGt6OW1z?oc=5) · Mount Pleasant Magazine
- 2026-01-12 [2025 Credit Union-Bank Acquisition Deals Decline From Record High in 2024 - CUTimes](https://news.google.com/rss/articles/CBMirgFBVV95cUxOZXk2amFNTTN6Tml0YXFNTVUzdTA4OHdYYkpQS2F1VjJ0UE8wYzVCRHRfOG9tOExuN29wcWRYWHJwcjN5Z1dUWDlNVEJFYkp3WlJ4U2dUNHVYbC1yUXloYVR0WjQwVG1kQjhyRUh3MzFxWFdSaXJxSTJZbEdQVnVhMkJ5YkNNOW4zZWluTWstRUF6VnNvZnRVeVVjQVRuVXcxRjZlSTd0ZG5yYzNTTHc?oc=5) · CUTimes
- 2021-12-23 [REV Credit Union Completes Riegelwood Acquisition; Plans New Hanover Entry - wilmingtonbiz.com](https://news.google.com/rss/articles/CBMitwFBVV95cUxPcWRyUkRsT2sxRURVdjEwY2J6MHh1c1ljajk5RlNqM0F1RlZ3aF8zMjk1TWVTRm1hSmJUOUZRRUhkYXFKczlacEVla0xja0lTY0dOcndSUFcwVy1IblpxR2pCcGZTMWRNaE9fM2JSUzc0VGxfZ21rUWFmdEd2WTd6UHQyajJycnBYb3VDenlmelJBZnpqYVZjeGh4ZS1qenBqVENMci1SVEZnMTBjOEx3N3BQeFE2RUk?oc=5) · wilmingtonbiz.com
- 2024-09-05 [REV Credit Union to buy West Virginia bank - Banking Dive](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQWEN4LUg5clpwOXJkMHI0WUM2VExfd1J0U1RleWIzX3p1Y1UwZ3lNbTBuUlVXNEFnaS1RZDQyckF1MUhQNnJzT1lxcXlIM254cFdweE1jYU5ZUGxOdU56Sld4c0ExaGphNzVVUC1jSjMtd0ZDaEhTVVp0bUVZZVdxU2tYbjM2ei1EY0N5em1UMzFKVkFWOThZWnVUWXVjUkVzVktxMHRNMHc?oc=5) · Banking Dive
- 2025-11-10 [REV strengthens risk leadership with appointment of Brandon M. White as vice president, enterprise risk management - CUInsight](https://news.google.com/rss/articles/CBMi6AFBVV95cUxNSHJ2ZXd2d0YtNkRZZGpGY1E1b3JwQVlMZ3ppQWJRSFBFcUlpTE1LVE1ZNmpJQ01YMGxCd0ZOcW9BbTllby1vdGRqdnNHNDB3RnIyYm94T0ZYdDlYdWlLQVlDX2pMNktTVlRqM1d2cHJ3emxBVUpWUFBQWnVSVS05bHQxaUxtMTBWY3lvS2Z0WlZabkpiNF9KT3V0TWRaMWZkQVI5N19UMHRacWcydFZPQUEyUUhGZC0tdGtqbmJFcTYxV25uTG1JYVR2Rjhlb2JzcUM3bkdpemRURl9pQ09Rc2NZVEw2Uzcw?oc=5) · CUInsight
- 2024-09-06 [Cash the Goose to make official debut at REV Federal Credit Union - WCIV](https://news.google.com/rss/articles/CBMivAJBVV95cUxNRGFZUFBJd05lcExZTE9uOS1sbVc4QTBrNzBZQTRlamstaGdkT1pvcWVoWmt4alFyZGlfZ3Z2R0l0Y1NxcDcxMW93QW5ZVk1JcHhQM0ctUUpRa0haM1BPNV96QkplcC11NHdoUWZneFhvWngwTFBSQ0xkc0dXbndTUDlQTGhrd2FFZWU4Zk92MmhRTldtVUpXcnNsWFdhUDlyQWN5NHFBZ3BsN2YwVFVldDU5dG0tRzZGeEFweUlWc25EcU0zZFZMeHFXMy12R3MwdmQzVGowVmgzWE82MTBHTThNajh3SlFVbXVpcTZlR3lBQ1FQVGlTZlZOWDJoMklDQjNCSVlJTFh2WllmdzN1SE1wYTZvYjJad05DZko1T3BXNGtGQi1jdUc5cmkzWGQzdWxJc0J2aEdDOUQz?oc=5) · WCIV

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9986 (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/2.json (key "9986", 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=9986
- 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