# MEMBERS TRUST OF THE SOUTHWEST
Houston, TX · NCUA charter 1584 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/members-trust-of-the-southwest-1584

Who the members are: federal charter, multiple common bond, organized 1936, low-income designated. 8,871 members of 25,000 potential (35.5% of the field); checking penetration 56% (share draft accounts per 100 members); loans per 100 members 87.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $267.5M |
| Members | 8,871 (2.9% YoY) |
| Full-time staff | 30 |
| Net worth | $22.4M |
| Net worth ratio | 8.4% (p6 of band) |
| ROA (annualized) | 1.35% (p86 of band) |
| Total delinquency | 0.12% (p7 of band) |
| Net charge-offs (annualized) | 0.11% (p16 of band) |
| Loans / shares | 87% (p80 of band) |
| Cash / assets | 7.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.88% (p12 of band) |
| Operating expense / assets | 2.12% (p5 of band) |
| Vehicles % of loans | 11% (p10 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 2% |
| Third-party paper % of net worth | 6% (p25 of band) |
| Vehicle delinquency | 0.48% (p43 of band) |
| Vehicle NCO | 0.43% (p39 of band) |
| Repossessed % of vehicle book | 0.79% (p98 of band) |
| Real estate % of loans | 31% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 443% |
| Core shares % of member funds | 23% |
| Certificates % of member funds | 47% |
| Average share balance | $15,030 |
| Participations bought / yr | $0 |
| Participations sold / yr | $9.1M |
| Participations outstanding | $13.7M |
| Loans outstanding per 100 members | 87% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $27,851 |
| Loans granted, annualized | $99.8M |

## Participation posture (from the same filings)

Bought $0 and sold $9.1M in the latest annualized quarter; $13.7M outstanding purchased (61.0% of net worth), $9.4M sold and retained. Sold in 8 and bought in 7 of the last 8 quarters. Shares 6.7% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **repo signal** (`aq_repo`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | repo signal |  |
| 2016-12 | 1 | net worth falling | repo signal |
| 2017-03 | 2 | delinquency rising |  |
| 2017-06 | 2 | thin capital | delinquency rising |
| 2017-09 | 2 |  |  |
| 2017-12 | 1 |  | net worth falling |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | repo signal |  |
| 2018-12 | 1 |  | repo signal |
| 2019-03 | 3 | net worth falling, repo signal |  |
| 2019-06 | 2 |  | repo signal |
| 2019-09 | 1 |  | net worth falling |
| 2019-12 | 2 | delinquency rising |  |
| 2020-03 | 1 |  | delinquency rising |
| 2020-06 | 2 | delinquency rising |  |
| 2020-09 | 3 | delinquency 2x band |  |
| 2020-12 | 2 |  | delinquency rising |
| 2021-03 | 3 | delinquency rising |  |
| 2021-06 | 2 |  | delinquency rising |
| 2021-09 | 2 | repo signal | delinquency 2x band |
| 2021-12 | 1 |  | repo signal |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | net worth falling |  |
| 2022-12 | 1 |  | net worth falling |
| 2023-03 | 2 | margin squeeze |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 | delinquency rising | margin squeeze |
| 2023-12 | 2 |  |  |
| 2024-03 | 3 | net worth falling |  |
| 2024-06 | 2 |  | net worth falling |
| 2024-09 | 2 | repo signal | delinquency rising |
| 2024-12 | 1 |  | repo signal |
| 2025-03 | 2 | net worth falling |  |
| 2025-06 | 1 |  | net worth falling |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | repo signal |  |

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

- 2026-07-22 [Members Trust of the Southwest Federal Credit Union Launches Mahalo’s Thoughtful Banking® Platform - Business Wire](https://news.google.com/rss/articles/CBMi6AFBVV95cUxQbEhsMVIyOFYwX1llSXdZRUluQmFIZk1aTTh4UlNyVkdoVlBJRjZjVEJDWlpSejZWaWxmd0lZcXRRR1BfOHVlY2hOU0RpekZnUXVFOFBWeXVmcDdZRFY3MWc0RmlGZ3VzMUMzNC16Vkx3YW5mYTlhZ0tyR3d1U2pjaWQ0SHJtd2ZVVTE1T1VQWWZCdHZtZ1V1bGlNWVBoUnZzOVl6dDhUdUZDalJwT3RJM1h5WkQ0bWloZWh0eEJITV8zSTR0UTVpbzBWQjl0ZW4yV2ZLUlpXYlpNSERhbWFXYlNlZVZZcGVM?oc=5) · Business Wire
- 2023-01-23 [Members Trust of the Southwest Federal Credit Union Announces Data Breach Affecting Customers’ SSNs and Financial Account Information - JD Supra](https://news.google.com/rss/articles/CBMiiAFBVV95cUxOVzluYlZRQnp2OW9HcWM3UTAwa1lIYTJwaUJUVTI1RjU1eGpZck5lSTRhWXRXamZ0NUdSS1hEVE9wSk1HdTRvS0ZQa1FadzhVekxPa29jZFBqQ2otamRLbjVvbG94RDhXcHVYdm5weXlQdFgwb081MU1yTTVUQVlRaGRaQ09yLWJO?oc=5) · JD Supra
- 2025-03-26 [Corelation gains new core banking tech clients, reports go-lives - FinTech Futures](https://news.google.com/rss/articles/CBMiugFBVV95cUxNRWo0MU05UWJISVZWbDE0QXFvX1RWUHNvVUJzRURDYWZBamNKNHRxS0xlUjEyQkxDOXFZTlMyTjhJVzhmeEdhZmdJN0lnekpuNEFnZ1RudVNidzRJbXRJQVZ2VmI4ZDRaMVFHN0FLRnd6N2x5OTF2U1c1R1BjOFBuQ1dRcGViWGRld1FPT2FfZjlockdRWGtPY2hiS3ZldndPRzJXT2tVTlFiTGxLM2I5SHd5bVpNenFBVWc?oc=5) · FinTech Futures
- 2026-05-06 [PrimeWay Federal Credit Union Selects Mahalo Banking to Accelerate Digital Innovation and Strengthen Security - Business Wire](https://news.google.com/rss/articles/CBMi-gFBVV95cUxOUFd5UEFlQUE5eE1rbWxIWC1KUV9mMVF5ckNMcWhtM3g4X2xhMTRRM0xuUnEwTmZhZHdXMF9zUk1feUpHemFvc3UwbS1zOFpNZW55MGVtQ2ZoY0ZuSC16cGxfNUxHUGQ2ZjZncWhsaE11WUYwX1Fqb25DUHZhRVFHNUdrUF9vUDdKNEN4Wkh1RExILTd3ck15RW12NnppeXhkMHUtZC1tWk1YMjZla1Bid1dTOGRnUVRUZnZpNThxM05LQXp3bjZCei1ydGloZW9LOU04dkU1RjFpbTk3NnJsNlVmLTFqV19FbVlydWhRRnQ4Z2d6Sk5XZHB3?oc=5) · Business Wire

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1584 (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/48.json (key "1584", 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=1584
- 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