# SHELL
Deer Park, TX · NCUA charter 1941 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/shell-1941

Who the members are: federal charter, multiple common bond, organized 1937, low-income designated. 165,292 members of 4,581,332 potential (3.6% of the field); checking penetration 78% (share draft accounts per 100 members); loans per 100 members 63.

**Verdict on the desk:** this could be *fortress*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $2.03B |
| Members | 165,292 (5.8% YoY) |
| Full-time staff | 434 |
| Net worth | $266.6M |
| Net worth ratio | 13.2% (p83 of band) |
| ROA (annualized) | 1.23% (p84 of band) |
| Total delinquency | 0.79% (p68 of band) |
| Net charge-offs (annualized) | 1.12% (p90 of band) |
| Loans / shares | 89% (p57 of band) |
| Cash / assets | 10.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.40% (p96 of band) |
| Operating expense / assets | 4.64% (p97 of band) |
| Vehicles % of loans | 51% (p90 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 1% (p9 of band) |
| Vehicle delinquency | 0.62% (p54 of band) |
| Vehicle NCO | 0.82% (p40 of band) |
| Repossessed % of vehicle book | 0.19% (p81 of band) |
| Real estate % of loans | 32% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 16% |
| Commercial % of net worth | 1% |
| Core shares % of member funds | 60% |
| Certificates % of member funds | 30% |
| Average share balance | $5,356 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $845,136 |
| Loans outstanding per 100 members | 63% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $14,689 |
| Loans granted, annualized | $619.1M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $845,136 outstanding purchased (0.3% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 9.0% year over year.

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | expense trap |  |
| 2016-06 | 0 |  | expense trap |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | loans>95% of shares |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 | delinquency rising | loans>95% of shares |
| 2018-03 | 0 |  | delinquency rising |
| 2018-06 | 1 | loans>95% of shares |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 0 |  | loans>95% of shares |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 0 |  | net worth falling |
| 2020-12 | 1 | margin squeeze |  |
| 2021-03 | 2 | charge-offs p90 |  |
| 2021-06 | 1 |  | margin squeeze |
| 2021-09 | 0 |  | charge-offs p90 |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 2 | expense trap, delinquency rising |  |
| 2022-12 | 0 |  | expense trap, delinquency rising |
| 2023-03 | 1 | expense trap |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | delinquency rising |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 1 |  | delinquency rising |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2026-05-05 [Shell Federal Credit Union expands membership to bring ‘Banking But Better’ to more communities - CUInsight](https://news.google.com/rss/articles/CBMizwFBVV95cUxNcENJQm00UjZCVnQwRjBSTEI4SFJBbWVGeUVDaUJUTGctUWtnb1JDS2dURUx4ems1LXd1a2ZMZ2oxRkdkeFZ1MlZaSEpHZnE0NDdtaGx1dDJDY1lTY1dreTgxOERHMFktU3FFU3RqX0JVcHhuWWJrdllQaHVuMzN1S3M5YnZkb3VyV0VPY21xR3VvQm1pLXViamVXY0pwSzVHZUI3VHFUeTVSdGhDUkhOaGx1eV9xWUZfeWtwcEt5clBCOFRNV0xybE1OQUk5OTQ?oc=5) · CUInsight
- 2026-09-02 [The best credit unions near Houston - Chron](https://news.google.com/rss/articles/CBMiakFVX3lxTFByd3FwR2MyYUVxZW9EdktCYWRyR3lKWjlCRTBzcXlnSUN2NUYxYzNaTmZqMEdPWThnY3dHblpUTUw5STJKU05idWEyREpoOVJrSXg3MmRuay1MeUI2N3lJLVRvT21hbkpFdWc?oc=5) · Chron
- 2026-06-24 [Shell Federal Credit Union giving away free gas to drivers in Clear Lake area this morning - KHOU](https://news.google.com/rss/articles/CBMiywFBVV95cUxNYXp2Y0ZsQ1BDUWpLbmw5eEtLd2hBeTlnbDBZcXZtdXd4X2VuRnI2d3VCcDRDWlZlTGtla3NBbERJaVlfTnRXSEZnMlVsdV94TTJRUS12RHVqRkYyOUtzMm5Ed3pCSlo3MS1qNUxydVJ4a0hTMUpLNDYxWGtraXFnd1FGV1RCNXhwSEp2LXdJaTNvcXR6ak1PVVBHWnk1Y1lPOEtTVUFvRWFhTTRxT21qT3Z5MlV0M1ZEWktVZTNuV05xZVV1NW1GSEIwUQ?oc=5) · KHOU
- 2026-08-12 [Shell FCU begins parking garage construction - CUInsight](https://news.google.com/rss/articles/CBMijgFBVV95cUxPRFd3OFVCNlpjaFI2bUhPaXY5ZzdGSlNLR05BRDA4TC1hMjd3T2tEREh5Q01fakRXWkNIaUdfWW53OFlWTWxUX3ROZzFyWTNLU1BZcGE5WXBRUmN3aGFHdGtzLXFhQ3N2YXhaUDVrdlk1QVpnak9ZVHkySGZGdG9sdk1CX3ZuMHk4TGFOWFdB?oc=5) · CUInsight
- 2026-06-23 [Free gas giveaway set for Wednesday at a Clear Lake gas station in Houston - Houston Chronicle](https://news.google.com/rss/articles/CBMiywFBVV95cUxQRFFsN3VYNFMxWFEwN05fQ0tpQVFmdGIyZXhlR1dkdEp1TEs5V2JNalFsTGdtY3dkQ0JJV0RHbmZ3ZjJTSm13VkJ0MHY3NGI1eTdTaERqWFlXY2JlelltMHdmcFpya181Y080akk0dmtlYzRTUjJCQWF5bkNONmF5anB4NlBhVnowVGJEM3F5QU1MdHFXdzZjWWZtOVY3cUxPRlRQNVh1ZkVod3pJODJQRFZ4dW5VblV2ZmhrekxPNF9QMDFIVUNBZW5QSQ?oc=5) · Houston Chronicle
- 2026-05-07 [Credit union, emergency care center among 10 projects filed in Katy | Katy - Fulshear - Community Impact](https://news.google.com/rss/articles/CBMiugFBVV95cUxPX094RXRxR3J1YkttT2JmUUdUN1ZxeDVWbUNrTUlicmZrejZhdzlOOUVjOWNmUXNvR25qbEtKQ2RUbGdlTlJxeUFaVWRlaUNyMWFES3NZdnphbDJLNUMyd205eEhXQWp3VGlPRGQ2bjRUYWRybm9LVjN3aXlPWk1aeVhobVcyQ1VTYTRaT0dBVUNLSy1wUzgtTFFycmZfT1ZpaEVBcXp3MXJ1WW9vNmpNRjRVQTFnQmluVnc?oc=5) · Community Impact
- 2026-04-23 [Jeanna James Obituary - Houston, TX - Dignity Memorial](https://news.google.com/rss/articles/CBMigAFBVV95cUxONGRPMVYxNG1vQzFZRldCZXdRV3pHcldMMjNGbktkd081TVVtQlVRcFRYNGg0YjVfY0J6Tm5nRWhCOURZOG5tVVgzSU91S3RZSko5V1JLMlV4RzJuYkdhLXhtTGlPbzN4VXVEV2Z6ZW0wbnV1X3FrWXFCOGRJVDhaMQ?oc=5) · Dignity Memorial
- 2026-09-01 [David from Porter is Your 2026 Suburb Summer Sizzler Champion - 94.5 The Buzz](https://news.google.com/rss/articles/CBMisgFBVV95cUxOMk03UU00OW94b2lCQVhCVlUtdm1vNXROX185OWoyWE5qUlBiZ1FPWlpWZGlIWjdWMFZRdXEwVnBSc3U1Q0N3Y0N1N3VsaU9jeWc5X0QwNE9UVGdwOUJKakw4MnR6QS04VWtaTFJveGtRb01IQ0NhUlJmbHpzRDZlczAyMGFQc1ZOVFdaVXdaTkl1X0EwNUI2eXBjbEpsWDZ6YTY4TFVVTENNTlFGcUxad2R30gGWAUFVX3lxTE9DUjY0U2lNRml1aF9TcVlxX00xX2tzU18ycVdXUGVoSWc1Q3ZrdEVMNWF5TTNDVXd3RFBENDk3TXBOci1laG1GS1VqLU9wOWhoSEMxRDFhUDFDT2RGSTdhVWZqSUVzcURabzdsRG9FdWp4SlhPSHdBS2tWWjRZTmJRUnJ0STdKWlk4M25NeXlWMEpXUHo2Zw?oc=5) · 94.5 The Buzz

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1941 (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/21.json (key "1941", 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=1941
- 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