# SECURITY SERVICE
San Antonio, TX · NCUA charter 11065 · asset band >$10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/security-service-11065

Who the members are: federal charter, multiple common bond, organized 1956, low-income designated. 741,871 members of 5,590,694 potential (13.3% of the field); checking penetration 52% (share draft accounts per 100 members); loans per 100 members 59.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $14.21B |
| Members | 741,871 (-2.8% YoY) |
| Full-time staff | 2008 |
| Net worth | $1.57B |
| Net worth ratio | 11.1% (p62 of band) |
| ROA (annualized) | 0.54% (p25 of band) |
| Total delinquency | 0.81% (p38 of band) |
| Net charge-offs (annualized) | 0.38% (p17 of band) |
| Loans / shares | 103% (p96 of band) |
| Cash / assets | 7.9% |
| Borrowings / assets | 9.32% |
| Net interest margin | 2.95% (p42 of band) |
| Operating expense / assets | 3.34% (p79 of band) |
| Vehicles % of loans | 32% (p75 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 92% |
| Third-party paper % of net worth | 265% (p83 of band) |
| Vehicle delinquency | 0.46% (p29 of band) |
| Vehicle NCO | 0.56% (p17 of band) |
| Repossessed % of vehicle book | 0.11% (p58 of band) |
| Real estate % of loans | 49% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 96% |
| Core shares % of member funds | 40% |
| Certificates % of member funds | 45% |
| Average share balance | $7,472 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $6.8M |
| Loans outstanding per 100 members | 59% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $26,429 |
| Loans granted, annualized | $2.62B |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $6.8M outstanding purchased (0.4% of net worth), $44.7M sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 4.5% year over year.

## Flags firing in the latest filing

- **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 | 7 | thin capital, delinquency 2x band, charge-offs p90, loans>95% of shares, leaning on borrowings, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 7 |  |  |
| 2016-09 | 7 |  |  |
| 2016-12 | 7 |  |  |
| 2017-03 | 7 |  |  |
| 2017-06 | 7 |  |  |
| 2017-09 | 7 |  |  |
| 2017-12 | 7 |  |  |
| 2018-03 | 6 |  | auto monoline |
| 2018-06 | 5 |  | thin capital |
| 2018-09 | 5 |  |  |
| 2018-12 | 5 |  |  |
| 2019-03 | 3 |  | delinquency 2x band, leaning on borrowings |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 2 |  | charge-offs p90 |
| 2020-09 | 2 |  |  |
| 2020-12 | 4 | delinquency 2x band, charge-offs p90 |  |
| 2021-03 | 2 |  | delinquency 2x band, charge-offs p90 |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 3 | leaning on borrowings |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 |  |  |
| 2023-06 | 4 | net worth falling |  |
| 2023-09 | 3 |  | net worth falling |
| 2023-12 | 3 |  |  |
| 2024-03 | 3 |  |  |
| 2024-06 | 5 | delinquency rising, members leaving |  |
| 2024-09 | 5 |  |  |
| 2024-12 | 5 | net worth falling | delinquency rising |
| 2025-03 | 4 |  | members leaving |
| 2025-06 | 3 |  | net worth falling |
| 2025-09 | 3 |  |  |
| 2025-12 | 3 |  |  |
| 2026-03 | 3 |  |  |

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

- 2026-08-13 [The Best Credit Unions Of 2025 - Bankrate](https://news.google.com/rss/articles/CBMiYkFVX3lxTE5ib0NLcS1PRHlua25MWkZkdDZ4bkxOeDZWZHlHenRLeTZjV0p3LW5OSUFOZ0QwQmpwZDJMMGdsQ3NFR25GeVNic0F5bnkzNHdLdTNxQUpWYXlmcEZiQ2lscVBn?oc=5) · Bankrate
- 2026-07-18 [SAPD: Masked, armed suspects rob credit union on Northeast Side, flee with ‘large amount’ of cash - KSAT](https://news.google.com/rss/articles/CBMi1wFBVV95cUxOVEpLdFJyZWpKNHVuQWpSR2h3ODh3VUQtUjd6clpQcUx3WlRhV3pHTzVad1dscGhaaG00amU1eWVEVVdsQ2JNeUVtQzA5VTlzQXFqZ1ZXSzUwSkp3NlZvUmZfZ0VVVmNwcFdocmdjRDZlNks5RTM4amItWHczZmU1dUpDbXV1dkRYWFZnMWlmenhxN0hvN1l4a3FHRi1Kc2RWSHBYbW1aenpUYlBaaTlQbFB3a2V0dFAxMnNCZHVaOVhmQUl2RjJBZXFXVllibkJzSlJMVnBKNA?oc=5) · KSAT
- 2026-07-18 [Armed robbers steal cash, other items from San Antonio credit union, police say - San Antonio Express-News](https://news.google.com/rss/articles/CBMimgFBVV95cUxQT2FfUzA3cXQ2NFoyRWJ5djhSenA1MFhPNzM1b1dKdWlxdmRRbk1LOUZOdENwNnlCUERxeVZjWnA1VzRBWkliVWdua0swb2JISHhKRUN4N1FBWHpLU0tkaW1paEhzX2N2Q0xmSS1sU0JwT0lRMXpvbkdNM2hrRWI4aV91TGltNE9sdllNMlFUd1kxb0R1Q1hLR3RB?oc=5) · San Antonio Express-News
- 2025-07-23 [Security Service Federal Credit Union announces new Chief Operating Officer - CUInsight](https://news.google.com/rss/articles/CBMitwFBVV95cUxQTHVIdUx2RHBsSzRYbTJ4VmIwbHlJa0ctbm9OME5aMFlWWmY5TXozVjU2OHNQZ3ZycUhkLTRRZDBNdXJZUHNVV2xEbk9RQURmUTFfU3N1WVBIZFF4QUNyNHpoQ2NBYUFfMWN2SFRSdnpuMzE2MVdGdnU2cTNlSUxzQlJhSmVUTnpTRFFfVURjOGxUaWFYSzFnMThwMDdqVGNpdTJNMVpzQTlXbWI3bGYwVmlaanRsS3c?oc=5) · CUInsight
- 2026-07-23 [Affidavit: Man arrested in connection with armed robbery at Northeast Side credit union - KSAT](https://news.google.com/rss/articles/CBMitAFBVV95cUxPUnJ1LWdiMGdUVHRQejI1Y1RDbTdoM3BlUUxxUW84WEJIZnJYMXhTdkpnNmtzZmZqbmVRYmVyQkw1bnRzNVpXdFdIU0NJMk9CbXBZb28wR1owalRDRXk5b2d0VnpWdVh3bkJrd3RFVVFvXzhkVVNhaWJlOUVrRUw1cHBBRjB3eThWUW5uanN2MXNLYUFsSWlnZFNaWmZkSkF1cHlnakp4aFR5M2lVZEhnQmhndGI?oc=5) · KSAT
- 2025-10-15 [Best Banks and Credit Unions for Military Members for 2026 - money.com](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE9PcWZlSG41WW51ZlFTenpIcHFyaTVaOW9ZMHR3U012dFVQWVJia3EtWG51QkdfQ2IzWU8xN1NsVzg0UXVjYnlYdG5ZeElINmROdWt1QlNDbEJDQ29nZWZBbGRCS09jd0k?oc=5) · money.com
- 2024-11-15 [Security Service Federal Credit Union Review - businessinsider.com](https://news.google.com/rss/articles/CBMiowFBVV95cUxOR3dhNG93YmpXQ1RTOWV5d1FXOC14NU5TcXJZRWxiY1dFaHJiMEhUOUNFYXFuOUhDOG44SThjY01mc1o5OEtLSUtKNTJRenZWeEtYWFBXRk5wX09jelQyWk51UFQtN0JVVUxEMlpNV2hJbjA2S0hQQ1ZrSjJ0LUp3Tkk2U2F3NnpjMmxGX1QwMjQ1clpFbXJFVVppMlVlMkNnY3hj?oc=5) · businessinsider.com
- 2025-03-14 [Security Service Federal Credit Union coming soon to Kyle | San Marcos - Buda - Kyle - Community Impact](https://news.google.com/rss/articles/CBMitwFBVV95cUxOX0JtdHZNU1JVVWtIZkFsNGJWWGU5THU4SmREaE83S1JULWdvd0dsVy1Hamc0aTRuNkl5OVZLbGJGbmhPN1Y5bEIzX0dsM3gwWGt2OG9nVi1kVEoyTkctMUg1NEJnRXh5OUcxUWtJdnFRRDB5UHFCelFRNjF4OFpkSkNILVNoUjVDNjZkX3ZBNGo1eWhIc2JFY1JWNTFjSE9nUWFSWWZQZzFwa18zbE5EOG5HeW5aOWc?oc=5) · Community Impact

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=11065 (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/57.json (key "11065", 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=11065
- 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