# EFCU FINANCIAL
Baton Rouge, LA · NCUA charter 13 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/efcu-financial-13

Who the members are: federal charter, multiple common bond, organized 1934, low-income designated. 72,182 members of 849,530 potential (8.5% of the field); checking penetration 51% (share draft accounts per 100 members); loans per 100 members 54.

**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 | $1.28B |
| Members | 72,182 (5.5% YoY) |
| Full-time staff | 144 |
| Net worth | $123.6M |
| Net worth ratio | 9.6% (p25 of band) |
| ROA (annualized) | 0.92% (p68 of band) |
| Total delinquency | 0.33% (p17 of band) |
| Net charge-offs (annualized) | 0.30% (p25 of band) |
| Loans / shares | 100% (p90 of band) |
| Cash / assets | 8.1% |
| Borrowings / assets | 3.82% |
| Net interest margin | 2.68% (p15 of band) |
| Operating expense / assets | 2.61% (p20 of band) |
| Vehicles % of loans | 57% (p95 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 94% |
| Third-party paper % of net worth | 486% (p98 of band) |
| Vehicle delinquency | 0.34% (p22 of band) |
| Vehicle NCO | 0.50% (p18 of band) |
| Repossessed % of vehicle book | 0.11% (p62 of band) |
| Real estate % of loans | 38% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 1% |
| Core shares % of member funds | 26% |
| Certificates % of member funds | 51% |
| Average share balance | $8,666 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.1M |
| Loans outstanding per 100 members | 54% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $28,902 |
| Loans granted, annualized | $474.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.1M outstanding purchased (0.9% of net worth), $1.1M sold and retained. Sold in 6 and bought in 0 of the last 8 quarters. Shares 6.5% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **loans>95% of shares** (`str_ltos`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 4 | net worth falling, leaning on borrowings |  |
| 2016-12 | 2 |  | net worth falling, leaning on borrowings |
| 2017-03 | 2 |  |  |
| 2017-06 | 4 | delinquency rising, loans>95% of shares |  |
| 2017-09 | 5 | leaning on borrowings |  |
| 2017-12 | 5 |  |  |
| 2018-03 | 5 |  |  |
| 2018-06 | 5 |  |  |
| 2018-09 | 4 |  | delinquency rising |
| 2018-12 | 5 | net worth falling |  |
| 2019-03 | 5 |  |  |
| 2019-06 | 5 |  |  |
| 2019-09 | 5 |  |  |
| 2019-12 | 3 |  | loans>95% of shares, leaning on borrowings |
| 2020-03 | 4 | loans>95% of shares, leaning on borrowings | net worth falling |
| 2020-06 | 3 |  | loans>95% of shares |
| 2020-09 | 2 |  | leaning on borrowings |
| 2020-12 | 3 | loans>95% of shares |  |
| 2021-03 | 3 | net worth falling | loans>95% of shares |
| 2021-06 | 3 |  |  |
| 2021-09 | 3 | loans>95% of shares | net worth falling |
| 2021-12 | 3 |  |  |
| 2022-03 | 5 | net worth falling, delinquency rising |  |
| 2022-06 | 3 |  | net worth falling, delinquency rising |
| 2022-09 | 3 | delinquency rising | loans>95% of shares |
| 2022-12 | 4 | loans>95% of shares |  |
| 2023-03 | 3 |  | delinquency rising |
| 2023-06 | 4 | delinquency rising |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 4 |  |  |
| 2024-03 | 4 | net worth falling | delinquency rising |
| 2024-06 | 4 | delinquency rising | net worth falling |
| 2024-09 | 2 |  | auto monoline, delinquency rising |
| 2024-12 | 3 | net worth falling |  |
| 2025-03 | 3 |  |  |
| 2025-06 | 2 |  | net worth falling |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | net worth falling |  |

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

- 2023-08-21 [EFCU Financial Announces New Chief Executive Officer - PR Newswire](https://news.google.com/rss/articles/CBMirAFBVV95cUxOSnlmNjN5eUlLZERSS1laSlJCNTlUR2xIWmlOcTk3WDNfbkc2S25oSmxIdmQyYTBVWWx3dk1JT1g2UC1yU3BFVE5KUmNOc2R6X1dadHJTSVBLbk9fdlF5VDg0TXo0REJ2U2FqWEpTUlRDT0RXV0VVLWhtQmZJb0ZtNklBYU0wemI2U2RycktHeG9qc1V3Nk9lSXM2UTNoVkcyTHotcGdIYnBiM2pE?oc=5) · PR Newswire
- 2025-07-08 [Legacy Business Spotlight: EFCU Financial - Baton Rouge Business Report](https://news.google.com/rss/articles/CBMinAFBVV95cUxNdlFZRWdmbXlrREFnMTNLQTFRYmtELVdQZENBRWprX0dDU3UzMHBWYjU2LWZKb1RSUldZRXB6YnJXYnFINTZKWjJWaFBxRkxXU1dNWmRVQmlMNldrODZtT2xNOTNvSUgxTDdMeGVOcW9MZkxLbkdKbFVtSm1BVjZfcG45VEhnbWwtX2xha09CNmQxMkY2ZEZJLWtRMmnSAaQBQVVfeXFMUEwtNVNtTGM5OEN6c3lZSTNTeUpTRHZjZW1UWjlxdlBtQlBDdy1GYTVQSkNOZkZoWEN3bFFmeUNFZ3Z0VG42X2ZYeFlOTmpJUEExMnJIb0pfNXQ4LTVDai01YlN4ekl6Y0Y5QVZXSnpJaDJxNXZfYVd0WWhES3RWRlJTMWx2VTVjcFJrYWtEV0w3LW5jSVVBeHdCd0xvWVFTM0RadWQ?oc=5) · Baton Rouge Business Report
- 2026-01-12 [Luminate announces 2026 board officers following annual elections - CUInsight](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPdWN2M1FWcnBENk5kclhJUFJxQTNTbEUzMVhUMXg2eHlPNG5aTGh6Wl9pa19OZjl1Ui1hNG1MaVRNMXZ4WTRBMTZ3OGNWVFJ5cHFBUGhzLVlmZl94WmJVMVkxRUFGRHJ5Q0lQSXNFb2lRLTNWY2oxdGJTYjlsN2VVX3lKVXBUc1dJZ3poX0lhN01DdGZZalpLX2dsZmY0dEVfNXBESTEtRkUwUQ?oc=5) · CUInsight
- 2025-01-07 [Three Credit Union CEOs Detail Their Digital Strategies for 2025 - The Financial Brand](https://news.google.com/rss/articles/CBMiuwFBVV95cUxOSDREOVhQaGZtN1VScFNQaDg3cTNXSnFtMlJHUHJ2UlJUU0I5dTdVQTZkdHJfMEZKckZjTjFlci1FQ3YySjNpS1MyQjBQLW9welhDMDdmNHBNM0pQRlhyQTlJUTUzSTRoUllJYmJZU0c4R1psVUprTk1wbklBVDNROGE0SXlkb3hveDRqZ2JDaUlLMUM4ZElHVmhTWlNTcnpvMzBCSkdqTjktVHVEWVB3T0FtTDhwV3AwUEc0?oc=5) · The Financial Brand
- 2025-06-20 [CU Chief People Officer Mimi Singer Lee Energizes Teams Through Collaboration - CUTimes](https://news.google.com/rss/articles/CBMiswFBVV95cUxQYWNEem1fakJiZWlLRE96X1dYRnMxZTVYNktnWEQwMnpSeHNwTnM5eVNYU05PTlU2cnlYVHh4NGg2WF9TWEI2TzFJSGp0QmhFRXFfZkc5RW1jNGZiOEFNWVJnM1dtc0s5aV9MdFBTZXZld3ZYZkdQNE1mNkZmdmpiVEJjT0NDczBBQVNqQzlNdVh5LTJnbTU2VG5fRVF5dWZTdG1BSVZscTdkal9qMHYtYUE0Yw?oc=5) · CUTimes
- 2015-01-03 [E Federal Credit Union changing name to EFCU Financial - theadvocate.com](https://news.google.com/rss/articles/CBMi7wFBVV95cUxPOC1aR1RCenhxaDZkR0FOb0xnZ2NqeVZVb2oza2FnMVJXdGtRSFBUdDBIOUd2b2xTaC0zaDlmeUJJR01QVVJuVWl5U3oydUszRVU5bk9tdldiNF91d0Z0MkhuN3k1RUE3TDViWVNzVzBmdmFqOFN4QTZHZzctOHhqYkk0Q2F1dUxJc29iUnlOaU83eXNlUWtjbUgtdllnSkM2YzZuNE5KRGhZN0dHaDVzTTlkNDRoNXBtLUxxZmxqT1pxWVE0d21xU2xUNmNwSmU3eVVRN21VWEo5Q1o4WmpUYmdmYk10OXdwLWVQdUVQUQ?oc=5) · theadvocate.com
- 2023-05-01 [Deputies arrest credit union robbery suspect - WAFB](https://news.google.com/rss/articles/CBMinwFBVV95cUxOZmNMYXI0aGs3dUFURWlqZ1BYSmxyR3liQzNiVEd0ejhlRmJySHlUYjd1eFhZem4tNDVGV05ZS1BqNHhvS1BjeFNoenI5eGpvTGZaRjhEWVhHU2oxVkltLVVxaHF6R3hfd2JGemtXdE9sbEw3WldocWFkVUdDMmo5V01lLXE0bUhXdUl2cnpkSHlVREZuRm1TSERHYlYzNE3SAbMBQVVfeXFMT2MzZGVPTUUyWVhHQ1l3YUNCN1A5aFRHQUZkc19Rc3EyQmQ3aFlWRDktRVBFZkc3OHB4M0tDbTI5b1lHSU9mS2tjcklnTXlEd1hSd243M3JSQkRtRHpZckhhMmJGUW1jclo0QVEwQmhXVmRjUnNmelRiRWQ4MmdpdzF5UVowWldiWmFUcTRMSHBxb3pVb2l2NXdKcFhGRXBRV1U2ZVVQQnNsNUpFVUdpNEwxajQ?oc=5) · WAFB
- 2019-12-18 [Baton Rouge area credit unions team up in support of Our Lady of the Lake Children’s Hospital - theadvocate.com](https://news.google.com/rss/articles/CBMimAJBVV95cUxOQXZFVmlOSFpicXNQWjNtZll4dXBMVXRxQmtmM2JNSjFoQjc5eFVXVlh3Wlk5aDdFYWVCZk1pWmVneW5UaVhQVjVucmFFaVZGV29RZ05nallob090NW50Y3ZqdWRDcTEtSUVjdVkzZ2UycHBpVkVQUXI2U0dBclIwckRSeHk5Q0JiNGZOc2lFNjFLVkV3bmNCOFV0OEhhRWdoSHhaR1UzOE0zM2RLU19VYm45SEExa0s5TU9aZXFsTW5xQ1g0aTlBZjFEV1dtLWYzOHk0QkEwR0xXdmVqdWNVSlRVcDVDNlluODUzT3loaFQzUzFUVzJZbzRLWURwaFgtYnF0RThTV1J0RkdUOEk5NjBPRV9nblFi?oc=5) · theadvocate.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=13 (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/13.json (key "13", 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=13
- 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