# HOMELAND
METAIRIE, LA · NCUA charter 24388 · asset band <$50M · latest filing 2016-06 · stopped filing after 2016-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/homeland-24388

Who the members are: federal charter, multiple common bond, organized 1975, low-income designated. 1,714 members of 3,500 potential (49.0% of the field); checking penetration 46% (share draft accounts per 100 members); loans per 100 members 41.

**Verdict on the desk:** this could be *too clean*. 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 | $14.9M |
| Members | 1,714 (– YoY) |
| Full-time staff | 5 |
| Net worth | $1.8M |
| Net worth ratio | 12.2% (p48 of band) |
| ROA (annualized) | -11.90% (p0 of band) |
| Total delinquency | 0.00% (p5 of band) |
| Net charge-offs (annualized) | 0.00% (p35 of band) |
| Loans / shares | 63% (p62 of band) |
| Cash / assets | 18.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | -3.71% (p0 of band) |
| Operating expense / assets | 14.47% (p100 of band) |
| Vehicles % of loans | 22% (p15 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 0.00% (p14 of band) |
| Vehicle NCO | 0.00% (p29 of band) |
| Repossessed % of vehicle book | 0.00% (p44 of band) |
| Real estate % of loans | 43% |
| Credit cards % of loans | 12% |
| Unsecured % of loans | 31% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 87% |
| Certificates % of member funds | 6% |
| Average share balance | $4,687 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 41% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $10,951 |
| Loans granted, annualized | $3.1M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 2 | expense trap |  |

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

- 2026-03-08 [Gretna credit union manager indicted for allegedly stealing $181,000 from the bank she manages - WWLTV.com](https://news.google.com/rss/articles/CBMitwJBVV95cUxPbWNMcWQwRXlMSFdjbEMtVkJKcnJOMGJISmQ0T0dQYncwRXRiamxnYjRzemhIdlhBZ0Qzd09YeVhxcDRUYlV5Uy14azA4X1h5LUhXdjNQTjc3UTVMZ3ZkaWVpSkgyWlZUYkpzcmVwR3RCRjNTSjYxcFBFbEhpLXptRFk0V1QteWFkUW1tMVRNUE54VUZIMUswaTFlVnh2S3VaNGUtaXhmNi1RSG9sZHN4M0k4RUxqd0RRMGtDT2d0SW1HYmpOeU12NlZkb3FlMk1raDQwZzBmQ2NUNXJpcHFtNWNPNGk1SUEwOHF3cGs3ejRsQUM3Y2pwclFqRlRtY1ZVem9YNFRqalJaVml3OTZ4UW1MUzEtX25LNkVwWUp3MW1xcEpFbDhvWWFUSUF5WWRzR3hpZXNMaw?oc=5) · WWLTV.com
- 2014-11-29 [Marriage licenses - Chillicothe Gazette](https://news.google.com/rss/articles/CBMijAFBVV95cUxOLXV1ZzhFUHVuUm1rTXppMXduOVllRGZFVzZ0OUdVbHRSOUxGWngwZmNJdzJCOXpDd3JSU2tOekdLTW0tSkl3ZG1OS2xfNnBRbUtoQmxjTXJHLXFyMmJ6TUJmOVpsanlBU19sSGN4djJldUt6VUJJZ3ljYkVEM1dnMEhPMllmQnVrMmFtbw?oc=5) · Chillicothe Gazette

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24388 (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/4.json (key "24388", 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=24388
- 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