Bowater Employees Credit Union
Calhoun, TN·Charter 67970·cu:67970·Credit union RBC / net worth
- #24 of 125Total assets in Tennessee
- 20.9Kmembers
- Top 2%Margin improvement in the U.S.
- #1 of 41Return on assets in Tennessee
- #2 of 41Net interest margin in Tennessee
Performance over time
7 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
Credit union · Shares of reported gross loans. Missing components are not treated as zero.
What stands out at Bowater Employees Credit Union
7 of 23 FORFI signals stand out against 569 similar credit unions, based on NCUA data for the quarter.
Share and deposit costs falling faster than peersStrength: Funding 2nd quarter1.58%peers 1.45%+13 bps
Bowater Employees Credit Union's cost of all shares and deposits fell 59 bps over the past year to 1.58%. Among 561 similar credit unions, the median fell 7 bps.
| This institution | Peer median | Difference |
|---|---|---|
| Cost of all shares and deposits | ||
| 1.58% | 1.45% | +13 bps |
| 12-month change | ||
| -59 bps | -7 bps | -53 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Bowater Employees Credit Union itself is left out of every peer median and percentile. How signals work
Net worth ratio rising faster than peersStrength: Capital 2nd quarter10.77%peers 11.04%-0.3 pp
Bowater Employees Credit Union's net worth ratio rose 1.8 percentage points over the past year to 10.77%. Among 563 similar credit unions, the median rose 0.3 percentage points.
| This institution | Peer median | Difference |
|---|---|---|
| Net worth ratio | ||
| 10.77% | 11.04% | -0.3 pp |
| 12-month change | ||
| +1.8 pp | +0.3 pp | +1.6 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Bowater Employees Credit Union itself is left out of every peer median and percentile. How signals work
Lending absorbing more of the share base as cash fallsWorth a look: Liquidity 2nd quarter81.2%+9.3 pp in 12 months
Bowater Employees Credit Union's loans rose to 81.2% of shares and deposits, 9.3 percentage points higher than a year earlier, while cash fell to 9.8% of assets. The median change in the loan-to-share ratio among 563 similar credit unions was -0.2 pp.
| Observed | Change |
|---|---|
| Loans / shares and deposits | |
| 81.2% | +9.3 pp in 12 months |
| Cash / assets | |
| 9.8% | -7.9 pp in 12 months |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Bowater Employees Credit Union itself is left out of every peer median and percentile. How signals work
Net interest margin widening faster than peersStrength: Earnings 2nd quarter4.62%peers 3.67%+95 bps
Bowater Employees Credit Union's net interest margin on average assets rose 75 bps over the past year to 4.62%. Among 561 similar credit unions, the median rose 13 bps.
| This institution | Peer median | Difference |
|---|---|---|
| Net interest margin on average assets | ||
| 4.62% | 3.67% | +95 bps |
| 12-month change | ||
| +75 bps | +13 bps | +63 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Bowater Employees Credit Union itself is left out of every peer median and percentile. How signals work
3 more observations
- Reliance on share certificates falling while the peer median risesFunding
- Shares and deposits shrinking while the peer median growsFunding
- Return on assets rising faster than peersEarnings
Key facts
- Bowater Employees Credit Union is a state-chartered credit union headquartered in Calhoun, Tennessee. It reported $303 million in total assets for the quarter ended June 30, 2026.
- Shares and deposits totaled $268 million, down 4.7% from a year earlier, and loans totaled $218 million, up 7.7%.
- Its net interest margin on average assets was 4.62% and its annualized return on assets was 2.21% for the quarter.
- Its cost of all shares and deposits was 1.58%, compared with a median of 1.45% among 566 similar credit unions with $300 million to $1 billion in assets.
- It served 20,903 members, up 1.9% from a year earlier.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With Bowater Employees Credit Union's own data, FORFI would look at: Which depositors and relationships drive the change in funding, and what to offer them next.
Analysis workspaces
Sources and identifiers
- Institution
- Bowater Employees Credit Union · Credit union
- NCUA charter
- 67970
- Reporting period
- Peer group
- 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Bowater Employees Credit Union itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
NCUA · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation |
|---|---|
| $1.66M | |
| $4.52M | |
| $1.05M | |
| $3.47M | |
| $1.03M | |
| $2.88M | |
| -$49.1K | |
| -$49.1K | |
| 2.21% | |
| 4.62% | |
| 64.07% |
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-16T13:43:41.229347+00:00. Separate reference provenance is included in the export.