# MCNEESE
Lake Charles, LA · NCUA charter 12571 · asset band <$50M · latest filing 2022-03 · stopped filing after 2022-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/mcneese-12571

Who the members are: federal charter, multiple common bond, organized 1958. 1,127 members of 6,000 potential (18.8% of the field); checking penetration 21% (share draft accounts per 100 members); loans per 100 members 21.

**Verdict on the desk:** this could be *too clean*. 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 | $17.8M |
| Members | 1,127 (-8.4% YoY) |
| Full-time staff | 3 |
| Net worth | $1.8M |
| Net worth ratio | 10.1% (p35 of band) |
| ROA (annualized) | -4.19% (p2 of band) |
| Total delinquency | 0.00% (p10 of band) |
| Net charge-offs (annualized) | 0.00% (p45 of band) |
| Loans / shares | 16% (p7 of band) |
| Cash / assets | 84.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.44% (p14 of band) |
| Operating expense / assets | 5.07% (p92 of band) |
| Vehicles % of loans | 70% (p69 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p20 of band) |
| Vehicle NCO | 0.00% (p39 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 13% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $11,154 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 21% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $11,228 |
| Loans granted, annualized | $471,504 |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | assets shrinking, members leaving |  |
| 2017-06 | 2 |  | assets shrinking |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | assets shrinking |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 | net worth falling | members leaving |
| 2018-09 | 2 |  | assets shrinking |
| 2018-12 | 1 |  | net worth falling |
| 2019-03 | 2 | members leaving |  |
| 2019-06 | 3 | net worth falling |  |
| 2019-09 | 2 |  | net worth falling |
| 2019-12 | 1 |  | members leaving |
| 2020-03 | 2 | loan book shrinking |  |
| 2020-06 | 3 | members leaving |  |
| 2020-09 | 4 | net worth falling |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 5 | margin squeeze |  |
| 2021-06 | 6 | delinquency rising |  |
| 2021-09 | 3 |  | loan book shrinking, net worth falling, delinquency rising |
| 2021-12 | 5 | losing money, loan book shrinking |  |
| 2022-03 | 8 | net worth falling, expense trap, assets shrinking |  |

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

- 2025-06-26 [McNeese LSBDC to Host Lender Panel for Businesses - McNeese State University](https://news.google.com/rss/articles/CBMif0FVX3lxTE1YYWtVSmVVXzg0amZMa3h1dlZWdFVLT2NhLXVSXzRPcnVIQ2EtTDhRWDNuSW0xUUVkY1hiYm5EMTdoaEZ4cnNCYVBiWXB4NF9VamhSdUs2b2ZpZDBkUmduQ1BMV1l0YnFFMG9iaFduTnp1MDFKc2hVRllhbjZCMkU?oc=5) · McNeese State University
- 2026-02-05 [NJCAA Basketball Championship Makes Historic Debut in Louisiana’s Playground - Visit Lake Charles](https://news.google.com/rss/articles/CBMiwAFBVV95cUxNRnN6ZUlEYktLYl90V1JfOE45alRYYmI0TWhuRHR3bmZ0aWdPaFVkU2d4RU50SHNUdXlZcVRoZXprUjNNam1oRV9jS1lPUWctWFVYZERCNlVMallld1pXYUV6UmlPN0tqVEsxT0FNMHZsOUpJb1E2VVo3d3NibmtMWXZIYWZ6UVpGRDFlV3NsRVljcGxkNlRhTTFIMy02c1Btb2EzRHVubTlqMjhwanRocHB4RUtTSkRITFc4Z3VfbDM?oc=5) · Visit Lake Charles
- 2025-11-17 [Benita "Maw Maw B" Husers Obituary Nov 17, 2025 - johnsonfuneralhome.net](https://news.google.com/rss/articles/CBMia0FVX3lxTFBTZTRMWFJjVEJDdWR0MEVWUVJVb3k5YUg3dC0tdDdOeldKQVRGV0NNWFdVbkxYcVBfTUFtY0VLUWZ0ME16d20yVHd6djYzaTlIY1Z2QWpKeHd2VnRIWk9vaTQwWldoRGJlZnBn?oc=5) · johnsonfuneralhome.net
- 2022-02-10 [SWLA Credit Union hosting free tax clinic, financial counseling, blood drive to celebrate ‘grand reopening’ - KPLC 7 News](https://news.google.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?oc=5) · KPLC 7 News
- 2024-02-23 [NM State Aggies Lose Game One in Lake Charles - New Mexico State University Athletics](https://news.google.com/rss/articles/CBMiogFBVV95cUxORS1jM1FQWHItZHdUTlBwaXd5WjdoYVRCV1hBRi03VVlUSUJ2Ym1vUkZGV1VLM0d3UUhIYlFNb0Z2aE01dFVxVnlmOGlXVllEZHVtMTUyQVYwTXNYVm8zNEN0X2R0RFpvbDVHamUzdXRTUWsxVXhqNkZGMnVtTHNpVFZoQVNsODVqT3J0Ty1CNDdWbTBDT2N0RzV0d1U0aE5rbnc?oc=5) · New Mexico State University Athletics
- 2022-12-02 [Johnnie Allen Mouton - American Press](https://news.google.com/rss/articles/CBMiakFVX3lxTFB1bUNFcG5Vb3Q0ODh2RTdMUkJkM0JLckViQ2czUVhiNXhSYU5rOGZNdEVZRk81eV9yZHM2WUNja2NRT2ZzM2JVVW9oU1daa1IwS1FuTEF0YWpRTngxOGhHTkk0QXl5NlliRHc?oc=5) · American Press
- 2026-06-12 [CSULB President to Speak At Compton College Graduation Ceremony - MyNewsLA.com](https://news.google.com/rss/articles/CBMisgFBVV95cUxNbXdHNUVkZlowdVU4MjF6SlJDN2NkSl9qMG1mZl9JMW5ZdHZ1YVNoSzI1elUyWF9QWnRXZmFTTmRMNXFGTmxaUW5acnpraUlzZnZTQUpKODFWSHZOWnJqY2FQb3J5M3BOSG9lb3hobXM0MC1qR3RtQ3RDS3JZWkFkdjU2ZVJnZ0VmTE43a1EzUUJiUVBCSUlYcjFkbWNpVElGbzB5OTRTbWVPdGxsenVQVzln?oc=5) · MyNewsLA.com
- 2022-02-04 [Brenda Ingalls Obituary - Lake Charles, LA - Dignity Memorial](https://news.google.com/rss/articles/CBMiigFBVV95cUxNd2Y0TEMtZXg5SnZyUnpDQWVqWldZRS1Xank4NmlHelJzZUhuVFg1eWoweXhRWWlieUxYSG9JTWtwSE9wTEltNlFJVGY5Q3Y1UC1YNS1QMGd0OFduUzAzNWVmWERoeGlyZ1ZfWDFpTGgwd2paSkRLcDhPSjdMMTVFNjVtNzgwNXE3ZkE?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=12571 (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/27.json (key "12571", 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=12571
- 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