# DESCO
PORTSMOUTH, OH · NCUA charter 15882 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/desco-15882

Who the members are: federal charter, community charter, organized 1963, low-income designated. 25,083 members of 700,000 potential (3.6% of the field); checking penetration 64% (share draft accounts per 100 members); loans per 100 members 55.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $538.8M |
| Members | 25,083 (-0.3% YoY) |
| Full-time staff | 120 |
| Net worth | $63.3M |
| Net worth ratio | 11.7% (p70 of band) |
| ROA (annualized) | 0.89% (p67 of band) |
| Total delinquency | 0.49% (p38 of band) |
| Net charge-offs (annualized) | 0.14% (p14 of band) |
| Loans / shares | 68% (p20 of band) |
| Cash / assets | 11.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.27% (p36 of band) |
| Operating expense / assets | 3.34% (p36 of band) |
| Vehicles % of loans | 10% (p10 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p7 of band) |
| Vehicle delinquency | 0.72% (p63 of band) |
| Vehicle NCO | 1.17% (p64 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 59% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 134% |
| Core shares % of member funds | 59% |
| Certificates % of member funds | 19% |
| Average share balance | $13,145 |
| Participations bought / yr | $13.2M |
| Participations sold / yr | $0 |
| Participations outstanding | $5.0M |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $23,282 |
| Loans granted, annualized | $73.4M |

## Participation posture (from the same filings)

Bought $13.2M and sold $0 in the latest annualized quarter; $5.0M outstanding purchased (7.9% of net worth), $173,312 sold and retained. Sold in 0 and bought in 1 of the last 8 quarters. Shares 3.5% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | leaning on borrowings |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 | delinquency rising | leaning on borrowings |
| 2017-06 | 1 | leaning on borrowings | delinquency rising |
| 2017-09 | 2 | net worth falling |  |
| 2017-12 | 2 | delinquency rising, assets shrinking | leaning on borrowings, net worth falling |
| 2018-03 | 1 | delinquency 2x band | delinquency rising, assets shrinking |
| 2018-06 | 4 | net worth falling, delinquency rising, leaning on borrowings |  |
| 2018-09 | 2 |  | delinquency 2x band, net worth falling |
| 2018-12 | 1 |  | delinquency rising |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 | assets shrinking | leaning on borrowings |
| 2019-09 | 2 | delinquency 2x band |  |
| 2019-12 | 1 |  | delinquency 2x band |
| 2020-03 | 2 | net worth falling |  |
| 2020-06 | 1 |  | assets shrinking |
| 2020-09 | 2 | delinquency 2x band |  |
| 2020-12 | 1 |  | delinquency 2x band |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 0 |  | net worth falling |
| 2022-03 | 0 |  |  |
| 2022-06 | 3 | net worth falling, delinquency rising, leaning on borrowings |  |
| 2022-09 | 0 |  | net worth falling, delinquency rising, leaning on borrowings |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 1 | assets shrinking |  |
| 2023-09 | 1 | delinquency rising | assets shrinking |
| 2023-12 | 1 |  |  |
| 2024-03 | 2 | leaning on borrowings |  |
| 2024-06 | 1 |  | delinquency rising |
| 2024-09 | 3 | delinquency rising, members leaving |  |
| 2024-12 | 1 |  | leaning on borrowings, members leaving |
| 2025-03 | 0 |  | delinquency rising |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2026-03-16 [DESCO expanding to new South Point branch - WOWK 13 News](https://news.google.com/rss/articles/CBMimgFBVV95cUxQTVVabURuRXJvVFpmbWd6X0s0d0YzY1FEOTRfUkw1VTBXSWRpeGhEOVAtWWhJZzJlNHB0WFZQN2hpNzdnc1ljUDdEOGFUN1NmamQ0cno2Z1NvVjdpUFFHWmpCMUxjUUw2MGhMaDhEZC1yTUJIek1qRXFEcE9lUTdGNWhFQWh1X3FHbW16NERRU2Q3aVg1SjBqWF930gGfAUFVX3lxTE85am5rZkgxVFZxeUFTajZJS1ZiOGxtbGtMZmd5dVVvc2VfMm9uR2E3MlRWcjJicEJUcWYtRlFDWE1waVpIMnpEU3RyQzdqeWUtWFJMaXptVmpJaTBrWkFHZVhPSExQX1RRNjFWN3FhZlhFb0NpUmZsSnBXNGtyVjhrdDdzakRiaTVyUmd4cVhiM3JNZ04yZ1d6TnFtaWthQQ?oc=5) · WOWK 13 News
- 2026-03-21 [Desco Federal Credit Union to open a new branch in South Point - herald-dispatch.com](https://news.google.com/rss/articles/CBMi6AFBVV95cUxQTEp3cDRVd2FJMXNGbmp2UjMzbktzZFVDVWpqLTFKOVBLNXh0VXh2cXJpQnlBbmhMR1hoNzFBZmxFQ1QtWGxzZEh0V0tYRmUxNExFc1FHcV9WWjY1R2tyVEpTaHdJUzBwVDhsQVYtWEtfeW1lRTdTbWJlVTJHeHptdF9RU1JQX2x1V0tuMVlaOEM4MUpfTGNid204aE1zQXB4Wmpxc1lKTFctb2xDelV3NWRMM2dCcjVoWkoyMGFRWlJ2VXNrVktfMHNUbVRnNzJ5X1RnSjJoV2t6TXhFN0Zkc2paWUdIdmxK?oc=5) · herald-dispatch.com
- 2025-12-11 [Locked Out of Their Own Money: Desco Credit Union Outage Leaves Local Customers Scrambling - Scioto County Daily News](https://news.google.com/rss/articles/CBMiwgFBVV95cUxNN1pZTUNBYWE5UndTMjJLZjFuekt2UWR2TXkzQl9DS0RBRThJNnBwYjNaU2FXV0ZJNVF2QU9Rei1rQXJTNlRRYWJEZ1dPelBCUVp2OTB0TzhDYmRhMGE5aW56R0N5Q1lFWWVEeDFKbVVnYkcyQUg3a0ExQ0t2NXJvNDEyZWZvMXNoNzltcXFrRk5SRFRJcW9hd3B5bnZRNHpMU2tIempWWVVMcEliUWF5Z09keUFJY05wTEszZ0tsSlN0d9IBygFBVV95cUxOTWloaDhoYzczWTk3TnowUklvdmNadkdWRlpEa2tqamRLYzU4SEN6RmM0TkM4ZDVGTEJBMGFsZW1ob1RTYmxmcVNmVTN5dGtmQXBrMWtqeTF6MW1UVkVsSVItMUZYeEI1VzI4STIxNUxSSXNJcm94YlFMVUlhYUc3LXYwZDFCZHJfdmp4UkV2QVFnMW93azFmcXlKRHdtVkI0Z2gzN25DMU05OVpuZXlCbXlBVzQ4ZURKVVBDdUdFaVExUWJzdGNqcU9R?oc=5) · Scioto County Daily News
- 2026-02-02 [Business briefs: Desco expands region; banks report earnings - herald-dispatch.com](https://news.google.com/rss/articles/CBMi4wFBVV95cUxOMmFGVFNsMEZSdXdBS29JUkc1cFhKME16c2RMOThBdWlvUU10OXlEU0FyNTZDTnFsR1ppTVlTT0pvU3pNeEFDV0JiMld4UHd4WFAyOUUwLWNoSmEyalJESzdqNzZvYzN0ZTE1WmpyYXdfaF9qbnFKXzRrQUR6bHhCVXdUZGltWVc3T2EtRURwdjRHcGdzSTZzWUpmODRwSFhVbG41X1NDQ0pUTnJIYzV4U015aklWVWRhR3RjM0FRYmlzUDdKMWtySGJsMmQ5ZFpmMEN5T1Z0U2pJc2kxeE40NThPWQ?oc=5) · herald-dispatch.com
- 2026-03-22 [DESCO to open South Point branch - irontontribune.com](https://news.google.com/rss/articles/CBMie0FVX3lxTE1lTDIyQXlzMEZzSmxidjkyWnZXZGtyeHB3cWktT3ZVOG1xT1RxMHo5OFF4X0VZX3ZQQ09WV2dQMHhVRFRIdnY5blhLSnFDV3FLN2JkdEhWdDkyWmZLbjRWZW1selptZE5kdmZjLTRSWWM0dHg1OTRXWVZFTQ?oc=5) · irontontribune.com
- 2022-02-18 [Man arrested in connection with credit union robbery - wsaz.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxORWR2bHZxb3JnMW5KM0NVNHByd1RSWTFqWHdVczBtU2VDOGc0eERvTTVZX21fUHlGc21zQy05Rm1wSFVPZm8zMWtzdkI5dXlGSTlJOXFsbHVELXY4Vk9RRWs5R3dRQTA4Y2NCRGZQUEQ3RkRlS1lMbnA3TWxuOERBaml6QkJkVkNoM1HSAZ4BQVVfeXFMTzNGXzRmOVktVHZUaTlLSXVmU3YwVWd3cnRtSWFjY1FpOFRLOXFwa3k2VjFLaHJXc2pDaGo0REV0Ynl2cnNrM2NFTEVEOGFuMGNyendBMjR3blR6QXdlZXFDWjF0SVBuR2NpNHNWYTJ0a0NHbmhIb0lBTnVPZnNQOTc5ZHU0aEdaVTJUWGdZMl9wc2xrQVU2VmlJeG40VGc?oc=5) · wsaz.com
- 2026-05-09 [Business news in brief: Desco FCU has new CEO; insurance agency to celebrate opening - herald-dispatch.com](https://news.google.com/rss/articles/CBMigwJBVV95cUxQUHE4MWVHbWs5ZHBITjZzbDVRdmNXaU5YM1BDeEJhcnBkVUZnVVh2UnBtejlXVVdDNDFjdnpNQUhSR0VMNHNNdy12Q01JY1pYbFdydnRnMHRpUGNiRjNpbVVvUlV3REFoelVVaGlyYTVaRWFXQXVwRk1NNVNrb2UwOUFBUmI3VlRkWmU5TThQUENLTHZMbVRiNFozSHZtaGhoVkdWczkzTFlNZ3FTVkZ5cC1vdkxaM3pTRW9oTFgtX2JpVHFaaV9wWjEtQWRDWmgyOU5VaUh3bjlNWTJXTGhJYjhzM3FaTXI4YllNeFVCdDRqWkg4bDAwal9LSkZ0SEhlbk5V?oc=5) · herald-dispatch.com
- 2021-03-29 [New Desco location to open today - irontontribune.com](https://news.google.com/rss/articles/CBMie0FVX3lxTFBWMkpheW5LMnJ1b2tVLWZ0b2FWSXY5STNHeTgzVWRBMjJDOVM5eURoRjRPSWdXVFZ6RnVQZ3NMWV9QekJMVzhPYVB1QXdKamV2TFc4QVhXWjFubDZ0ckNodXFEUlpSdDR3NW0ta3IyZDk5VzJTSWR5ODI4VQ?oc=5) · irontontribune.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=15882 (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/10.json (key "15882", 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=15882
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide