Civic Federal Credit Union
Raleigh, NC·Charter 24003·cu:24003·Credit union RBC / net worth
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 Civic Federal Credit Union
11 of 24 FORFI signals stand out against 143 similar credit unions, based on NCUA data for the quarter.
Net charge-offs rising faster than peersWorth a look: Asset quality 2nd quarter2.63%peers 0.52%+210 bps
Civic Federal Credit Union's annualized net charge-off rate rose 165 bps over the past year to 2.63%. Among 139 similar credit unions, the median rose 1 bps.
| This institution | Peer median | Difference |
|---|---|---|
| Annualized net charge-off rate | ||
| 2.63% | 0.52% | +210 bps |
| 12-month change | ||
| +165 bps | +1 bps | +164 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: 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Civic Federal Credit Union itself is left out of every peer median and percentile. How signals work
Shares and deposits shrinking while the peer median growsWorth a look: Funding 2nd quarter-14.6%peers +5.8%-20.4 pp
Civic Federal Credit Union's shares and deposits declined 14.6% over the past year to $2.6 billion. The median among 139 similar credit unions was +5.8%.
| This institution | Peer median | Difference |
|---|---|---|
| Shares and deposits, 12-month growth | ||
| -14.6% | +5.8% | -20.4 pp |
| Shares and deposits | ||
| $2.6 billion | ||
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Civic Federal Credit Union itself is left out of every peer median and percentile. How signals work
Loans shrinking while the peer median growsNotable: Lending 2nd quarter-15.4%peers +5.3%-20.8 pp
Civic Federal Credit Union's loans declined 15.4% over the past year to $2.7 billion. The median among 139 similar credit unions was +5.3%.
| This institution | Peer median | Difference |
|---|---|---|
| Loans, 12-month growth | ||
| -15.4% | +5.3% | -20.8 pp |
| Loans | ||
| $2.7 billion | ||
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Civic Federal Credit Union itself is left out of every peer median and percentile. How signals work
Net interest margin narrowing while the peer median widensWorth a look: Earnings 2nd quarter2.42%peers 3.31%-89 bps
Civic Federal Credit Union's net interest margin on average assets fell 46 bps over the past year to 2.42%. Among 139 similar credit unions, the median rose 16 bps.
| This institution | Peer median | Difference |
|---|---|---|
| Net interest margin on average assets | ||
| 2.42% | 3.31% | -89 bps |
| 12-month change | ||
| -46 bps | +16 bps | -62 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: 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Civic Federal Credit Union itself is left out of every peer median and percentile. How signals work
Efficiency ratio falling faster than peersStrength: Efficiency113.7%peers 65.5%+48.2 pp
Civic Federal Credit Union's efficiency ratio fell 10.4 percentage points over the past year to 113.7%. Among 139 similar credit unions, the median fell 1.2 percentage points.
| This institution | Peer median | Difference |
|---|---|---|
| Efficiency ratio | ||
| 113.7% | 65.5% | +48.2 pp |
| 12-month change | ||
| -10.4 pp | -1.2 pp | -9.1 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: 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Civic Federal Credit Union itself is left out of every peer median and percentile. How signals work
6 more observations
- Net worth ratio falling while the peer median risesCapital
- Auto lending shrinking while the peer median growsLending
- Delinquent loans rising faster than peersAsset quality
- Return on assets falling while the peer median risesEarnings
- Membership shrinking while the peer median growsMembership
- Reliance on share certificates falling while the peer median risesFunding
Key facts
- Civic Federal Credit Union is a federally chartered credit union headquartered in Raleigh, North Carolina. It reported $3.1 billion in total assets for the quarter ended June 30, 2026.
- Shares and deposits totaled $2.6 billion, down 14.6% from a year earlier, and loans totaled $2.7 billion, down 15.4%.
- Its net interest margin on average assets was 2.42% and its annualized return on assets was -3.26% for the quarter.
- Its cost of all shares and deposits was 2.39%, compared with a median of 1.93% among 143 similar credit unions with $3 billion to $10 billion in assets.
- It served 336,107 members, down 11.8% 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 Civic Federal Credit Union's own data, FORFI would look at: Which borrowers and segments are migrating toward delinquency, before losses arrive.
Analysis workspaces
Sources and identifiers
- Institution
- Civic Federal Credit Union · Credit union
- NCUA charter
- 24003
- Reporting period
- Peer group
- 143 credit unions with $3 billion to $10 billion in assets that filed NCUA data for the same quarter. Civic Federal 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 |
|---|---|
| -$25.42M | |
| $39.95M | |
| $21.04M | |
| $18.91M | |
| $11.21M | |
| $34.25M | |
| $21.29M | |
| $21.29M | |
| -3.26% | |
| 2.42% | |
| 113.72% |
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.