# CUSA
Covington, LA · NCUA charter 10640 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/cusa-10640

Who the members are: federal charter, multiple common bond, organized 1955, low-income designated. 2,551 members of 81,496 potential (3.1% of the field); checking penetration 43% (share draft accounts per 100 members); loans per 100 members 58.

**Verdict on the desk:** this could be *ordinary*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $30.5M |
| Members | 2,551 (-2.0% YoY) |
| Full-time staff | 6 |
| Net worth | $3.0M |
| Net worth ratio | 10.0% (p16 of band) |
| ROA (annualized) | 0.21% (p33 of band) |
| Total delinquency | 0.94% (p61 of band) |
| Net charge-offs (annualized) | 0.66% (p79 of band) |
| Loans / shares | 79% (p80 of band) |
| Cash / assets | 16.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.37% (p30 of band) |
| Operating expense / assets | 3.64% (p50 of band) |
| Vehicles % of loans | 45% (p30 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.57% (p74 of band) |
| Vehicle NCO | 1.04% (p87 of band) |
| Repossessed % of vehicle book | 0.01% (p91 of band) |
| Real estate % of loans | 43% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 41% |
| Certificates % of member funds | 30% |
| Average share balance | $6,194 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 58% |
| Loans granted per 100 members, annualized | 17% |
| Average loan balance | $14,530 |
| Loans granted, annualized | $4.1M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | delinquency 2x band |  |
| 2017-03 | 0 |  | delinquency 2x band |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | loans>95% of shares |  |
| 2018-03 | 2 | delinquency 2x band, delinquency rising | loans>95% of shares |
| 2018-06 | 3 | net worth falling |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 | loans>95% of shares | net worth falling |
| 2019-03 | 1 |  | delinquency rising, loans>95% of shares |
| 2019-06 | 1 | loans>95% of shares | delinquency 2x band |
| 2019-09 | 2 | delinquency 2x band |  |
| 2019-12 | 1 |  | loans>95% of shares |
| 2020-03 | 3 | net worth falling, losing money |  |
| 2020-06 | 3 | repo signal | delinquency 2x band |
| 2020-09 | 1 |  | net worth falling, repo signal |
| 2020-12 | 2 | delinquency 2x band |  |
| 2021-03 | 2 | net worth falling | losing money |
| 2021-06 | 1 |  | net worth falling |
| 2021-09 | 0 |  | delinquency 2x band |
| 2021-12 | 1 | delinquency 2x band |  |
| 2022-03 | 0 |  | delinquency 2x band |
| 2022-06 | 0 |  |  |
| 2022-09 | 1 | losing money |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | delinquency rising |  |
| 2023-06 | 2 | leaning on borrowings | delinquency rising |
| 2023-09 | 3 | delinquency 2x band, delinquency rising | leaning on borrowings |
| 2023-12 | 6 | thin capital, net worth falling, margin squeeze, leaning on borrowings | delinquency 2x band |
| 2024-03 | 3 |  | thin capital, net worth falling, leaning on borrowings |
| 2024-06 | 5 | delinquency 2x band, assets shrinking, members leaving | margin squeeze |
| 2024-09 | 3 |  | delinquency rising, delinquency 2x band |
| 2024-12 | 5 | delinquency rising, loan book shrinking |  |
| 2025-03 | 3 |  | delinquency rising, loan book shrinking |
| 2025-06 | 3 |  |  |
| 2025-09 | 4 | loan book shrinking |  |
| 2025-12 | 3 |  | assets shrinking |
| 2026-03 | 3 | delinquency rising, assets shrinking | losing money, members leaving |

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

- 2025-12-05 [Week 15 Bowl Projections & College Football Playoff Predictions - College Football News](https://news.google.com/rss/articles/CBMitgFBVV95cUxOeE9SR0NEbU80YlJnZkhfMWRWTUdpdVB2d3VDb1RGbkhZdEI5WUxTVmJsbU9YdG5Rd3VYN0JUcTJyMmdOdmQ3amRBck1BOEdLbTlicTQwektBZ1JTU1BZNFFpSXJWZ202YmdWbEZ6WGVCcEhxMDVOZFVOWEVONEV2WEdrMFlIdEpYZGFJVnNDWXJBOUJMX2FLWTB1WFJkdnZjTVpDenVpUXAtZmZGU3RhLXlfbGh5UQ?oc=5) · College Football News
- 2026-05-15 [Jonatan Clough Collects CUSA All-Academic Team Honors - New Mexico State University Athletics](https://news.google.com/rss/articles/CBMixwFBVV95cUxQalFRY0d0dXlIakxBWW1xeXNKaVYwaUVmbC1POFZ4WE85M2x6VzdMTktlbmJ6dXdmeGlxX05zSWxRU2lzUlBDQlhvTnh2TXMzMm1qbEFSbjA0TmNEMVEzckkwbmpQM2lwWnkxUS1FVzdDZWs2Z0VxZHNMS3E5YWM4MzhTRzY1ZTg4cnpjOHRYVzNtSDlmR2JZUXV1ODNIRW5zdHdQMDFnZEY5NFRKSTd5NVVCZ1NNcXZMWEJsaDU2UlZjWFlSSGxv?oc=5) · New Mexico State University Athletics
- 2025-12-07 [Final Bowl Projections and College Football Playoff Matchups Updated - College Football News](https://news.google.com/rss/articles/CBMiugFBVV95cUxPVlJCR1IxaWxaR0Z4M3VnZVJlWDZMUWI2cDlvQmRQRU9oMkFYbHFyT2hNN252QUNVWTl4bUhXWjl0ejhBdThhZ211Ql9zZTNYLUh1bEl5Y2RqT3IzSHhzOVpxQTh0VklvRTZCMUdpeno1c0ZKRndkUU1vZno4Tm9rY1Q2MDVzMUdHZTRHcEQtWnRSV0tzNXhraWxyUklZWGFkWVVieGNkanhLZ1kwMjNnczFONmN5eWYtbXc?oc=5) · College Football News
- 2023-12-29 [Preview: LA Tech at Grand Canyon - LA Tech Athletics](https://news.google.com/rss/articles/CBMikgFBVV95cUxNa2Z3aGF5ZnhZLUVxbXZkcUQxa1oyS0tWdG81R3E2REE0cGt4R1pUcC01dGxHVUlxa2szNy11RUJWcFAtdkdKU2M5TkFWOTVlQk8zT3dHNU0zaXNQT3gtOXhGeXl6OG45WWVEM0lWUXY4d2tWQjVCcFZrWDUteks1bkNNSWpDanFVQjJ2aE9DYWZPUQ?oc=5) · LA Tech Athletics
- 2025-03-10 [Molly Kaiser Named CUSA Player of the Year - New Mexico State University Athletics](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOMG8zWDRhTUI5LTZ4aENoU0pLTFpDNnRlNENUbUhpVDlpaGhkN3Nsbks5dlVrWXFzM3lXSVlGUjRXbm9IcGFSUTRHWkVGM3owdzBRYzN0RXBVYmR6VDk5aERxUkZiYXRCa0ZqWERFQWlvR3dDZ1RiUktHampET2RGVDN2WlNZZE1jYkhDLUpScUlTOWZ3YVRTVDdzQ3Q1OV9CRktQNnZIR2k1dw?oc=5) · New Mexico State University Athletics
- 2021-12-11 [Obituary information for Donna Kay Baudoin - Melancon Funeral Home](https://news.google.com/rss/articles/CBMihAFBVV95cUxObGxBRlZuc2JxSEVFOGJLNEVrRC1RRjdZblI1dHhwV0tVcW95WFIxRXVjTGptT0xfZkRCOE5yamVtQzlRdEFlcEVvZHE0SWQxM0JmNXE1UENJdDRJVzJ1cU42ZF9vZUxZdG0yVWhJV1lySGNzNFVZODRuUkNLTkxhRW9NOVM?oc=5) · Melancon Funeral Home
- 2025-11-23 [Week 14 Bowl Projections & College Football Playoff Predictions - College Football News](https://news.google.com/rss/articles/CBMitgFBVV95cUxOM0ZmM3puazNQUW1IVkI3T2lEaW1INVdEU0ptVU1uRkY5dXAwZWVqU1F2c2Q3cXVlYldNeUxsYkFEWTRFZWd3cUIyQlRmaXp4TjVKd0tvNlNIcTU0eThHNml6NFpVbHVGcUZXczZBQy1HNzZOSnBvbXlnTGlOVXFhRW02S3lLS1B6a3ZXMzFDSjZLdUdabWhtbTR3OEhPbnZnRVZLd3dlZTR0UVRyRENWemlwN3Q5dw?oc=5) · College Football News
- 2026-07-07 [College Football Bowl Projections for 2026-27 - Yardbarker](https://news.google.com/rss/articles/CBMitAFBVV95cUxPNFJob3FLMmREcEhmNF8zMFk0UDJKWFplYWxYWUZZeG1zQUV4VHg0MVRGSkZtOVB3M3lQZHJDMElCZWtPSXVNNG02TGJQaUdEbWc3RW5FWnByVjZzN1pXTGM2b3VnQ0gxd0ZzRklfUnNzVllsQ0VkeUlxNFVsYWc5WGJpNEhHRjRmVU50S2hpcHQ4M2hCYjJHdWVHS0RFeXU3c2RnZVU5bS1JQmJ2ZU9TS2huX2U?oc=5) · Yardbarker

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=10640 (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 "10640", 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=10640
- 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