# CAPITAL EDUCATORS
MERIDIAN, ID · NCUA charter 1040 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/capital-educators-1040

Who the members are: federal charter, multiple common bond, organized 1936, low-income designated. 100,316 members of 2,002,000 potential (5.0% of the field); checking penetration 55% (share draft accounts per 100 members); loans per 100 members 43.

**Verdict on the desk:** this could be *stressed*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.40B |
| Members | 100,316 (-3.8% YoY) |
| Full-time staff | 262 |
| Net worth | $112.9M |
| Net worth ratio | 8.1% (p4 of band) |
| ROA (annualized) | 0.30% (p15 of band) |
| Total delinquency | 1.00% (p80 of band) |
| Net charge-offs (annualized) | 0.69% (p66 of band) |
| Loans / shares | 103% (p95 of band) |
| Cash / assets | 4.6% |
| Borrowings / assets | 17.34% |
| Net interest margin | 3.22% (p43 of band) |
| Operating expense / assets | 3.88% (p82 of band) |
| Vehicles % of loans | 28% (p55 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 95% |
| Third-party paper % of net worth | 296% (p84 of band) |
| Vehicle delinquency | 2.17% (p97 of band) |
| Vehicle NCO | 2.37% (p90 of band) |
| Repossessed % of vehicle book | 1.22% (p100 of band) |
| Real estate % of loans | 33% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 271% |
| Core shares % of member funds | 64% |
| Certificates % of member funds | 21% |
| Average share balance | $5,866 |
| Participations bought / yr | $313,004 |
| Participations sold / yr | $0 |
| Participations outstanding | $16.4M |
| Loans outstanding per 100 members | 43% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $24,594 |
| Loans granted, annualized | $281.4M |

## Participation posture (from the same filings)

Bought $313,004 and sold $0 in the latest annualized quarter; $16.4M outstanding purchased (14.5% of net worth), $23.7M sold and retained. Sold in 6 and bought in 4 of the last 8 quarters. Shares -13.4% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **repo signal** (`aq_repo`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **loans>95% of shares** (`str_ltos`)
- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, 3rd-party paper>100% NW |  |
| 2016-06 | 3 | loans>95% of shares |  |
| 2016-09 | 2 |  | loans>95% of shares |
| 2016-12 | 3 | loans>95% of shares |  |
| 2017-03 | 4 | delinquency rising |  |
| 2017-06 | 5 | leaning on borrowings |  |
| 2017-09 | 5 | repo signal | delinquency rising |
| 2017-12 | 7 | net worth falling, delinquency rising |  |
| 2018-03 | 5 |  | net worth falling, delinquency rising |
| 2018-06 | 4 |  | repo signal |
| 2018-09 | 4 | repo signal | leaning on borrowings |
| 2018-12 | 3 |  | repo signal |
| 2019-03 | 4 | leaning on borrowings |  |
| 2019-06 | 4 |  |  |
| 2019-09 | 5 | net worth falling |  |
| 2019-12 | 4 |  | net worth falling |
| 2020-03 | 4 |  |  |
| 2020-06 | 5 | net worth falling |  |
| 2020-09 | 3 |  | loans>95% of shares, net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | net worth falling |  |
| 2021-06 | 4 | loans>95% of shares | net worth falling |
| 2021-09 | 5 | delinquency rising |  |
| 2021-12 | 4 |  | delinquency rising |
| 2022-03 | 4 | delinquency rising | loans>95% of shares |
| 2022-06 | 5 | loans>95% of shares |  |
| 2022-09 | 5 |  |  |
| 2022-12 | 6 | net worth falling |  |
| 2023-03 | 7 | delinquency 2x band |  |
| 2023-06 | 7 |  |  |
| 2023-09 | 6 |  | delinquency 2x band |
| 2023-12 | 6 | repo signal | delinquency rising |
| 2024-03 | 7 | capital below 7% | repo signal |
| 2024-06 | 7 | repo signal | net worth falling |
| 2024-09 | 7 |  |  |
| 2024-12 | 6 | delinquency 2x band | capital below 7% |
| 2025-03 | 8 | assets shrinking, members leaving |  |
| 2025-06 | 7 |  | delinquency 2x band |
| 2025-09 | 7 |  |  |
| 2025-12 | 7 | loan book shrinking | members leaving |
| 2026-03 | 8 | members leaving |  |

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

- 2020-05-14 [Here's what Idaho high school, college seniors need to know about 2020 'graduation' - KTVB](https://news.google.com/rss/articles/CBMi6AFBVV95cUxOODhDQThpRGw2SWVrVTM5cVJ6VnU3YjVXS1d6dHNhSGZOWmRDREdXdk0zTFJ6M0V4ZmpCVnVCN2lkNGZNa1RXR011djZGTThIdFA3bEFBSHBMazhLZ3pxN0dGRFlLV01uV1VmRURGNW9OR1RzM0hid05VRHF5LTZfS0VTekVGeGhfSHpTREdRY1ZYM2x2MFRTWTh5dVljcWcyNzJJcGpINDFZLWVGT1VmVUotT0pWeDY4QV8xTW9rYUVOQzBTOGIzTldDbEZLTXZNNkk0WnBOSHJrYUoyZ01VdlVvSEljaU9G?oc=5) · KTVB
- 2019-05-16 [Hylon Theron Plumb, Iii Obituary May 16, 2019 - Bowman Funeral Directors](https://news.google.com/rss/articles/CBMicEFVX3lxTE1jWEtsOWJudUoyS0pWV1BSYXphZ1pFLXZGMzJWS1JCakVoU1ZkdFpJa2tQckg4T0U1U29XSnh1dEtESHdHSkNzY1FjeGVvUV9PLU5qTXM2XzktNzBjZ0dCWllIc24tOTZQcGc3S1FOcTg?oc=5) · Bowman Funeral Directors
- 2009-12-18 [Teacher wins grant for project - Idaho Press](https://news.google.com/rss/articles/CBMisgFBVV95cUxQSDJMR2tiRE9JUUY4TkxfSnNlT05HNjFTUG1sazdVLXkzV2p5S29zdWZSdlVVQXhkN3h3TDVyWk02eDlEYlNZcG02ZzRXTHB1Q25qLTNHQTBEdnZQdG5BeTVMWmF0ZC1KdURUNzBMVDlmek8zT0RyVnRZbTljS1B1TldkSW1mTkI1MGFyQ09NSEZ5dEtYdjJ6R1ZfN2JZaHB5TkxpNlRnTDFfS0VnRG40QXR3?oc=5) · Idaho Press
- 2022-03-13 [Will Wardhaugh Obituary (1938 - 2022) - Boise, ID - Idaho Press Tribune - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxON3R1bUdQVkxLSzVnMnhSU09MOW9reVRzT3dSNXhZaVBodnRFRmhBOGZSODdhcXRHVjlONnBvekw2ZXFyU0Vmd2o1M01DeExmTDhDRlVPYUZpYjlrR2puSE9hS3N5aUE4WFY5aExlbXljdVZ5aFB3ejFFMmpLZ2ZMR19lekJBQUxXN2RhM3UxUmF0QQ?oc=5) · legacy.com
- 2021-10-03 [Clarance Janousek Obituary (2013) - Mountain Home, ID - Idaho Statesman - legacy.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxNWWw1OVdaV2dScDJwWVlkWDZfNk9sa1QxVGhjSnhVSlNUWjRrZnl6LV81WmNFeGJnVklvYV9uYndEekpISEdWMkdZdHEzR2FaU0N1a19mbktjQ09DNnA2SHhvQ1o4WlpseWlKY3BiWnZiQV9XOXFMVWtBdkFyM0kzVHFMUUlDbDJyV2VsOC1yYURSenZ6Z25BNDQzOA?oc=5) · legacy.com
- 2007-09-09 [Clydeene Babcock Obituary (2007) - Boise, ID - Idaho Statesman - legacy.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxQSDRCVmNnS0laNWx5R1hEMGRVVVZHbXhfOWpudGlhWkpUc3NZUm5yTDV6VEpERlpvdE1hbFVydzNiMXVQVzNxaEgtQUxobWRpNk4zd3B3VUtiUVk0U3lmeDB6RVBMaHhDSW45SjktWW1wakJ3bkxmN1FQS0xlbm43ajA4VXNtWlp4dnNubFI2X1I0Sno5ZXp0djJn?oc=5) · legacy.com
- 2004-08-22 [Patrick Cafferty Obituary (2004) - Salt Lake City, UT - The Salt Lake Tribune - legacy.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxPeGlFemVpV0RvSlZ6MGZVVnBXRUZpNk4tU0xGUG1XdzJBWEtsUkJ3cXBMdjhTbkNnUGdFbmR4ejRocmlpT1VDMWJFTFp6clpxTmp0YXFxaVBKS3hsbmVHMnc4TDIwR0c3cF9HcFU5MHViRzVIMVJsWi1WdWc4d21TdGQ2RG9oMWFndHVsN1lXaXlwbmtPa01RSHA4cw?oc=5) · legacy.com
- 2025-07-17 [Alan Pritchett Obituary (2025) - Nampa, ID - Idaho Press Tribune - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxPcGZ3ZnYySmtSRUFNdms4eEIzWG5DeFVIRkl4R2lUdk5jeU5IMF9VWHo0U3Bhc3RwcmFkV3ptN2RCanRmYTd4UnJiYkZzaUdPZVh5WFV4OHVBNGhUVVFUSkQxUndHdjhyeGhIM01yMEd0aWQxRjJnSGhsOEhDNUxJYmF2RHFSRm4zakZ6bGxiNkxWdw?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1040 (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/16.json (key "1040", 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=1040
- 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