# GOVERNMENT EMPLOYEES
Austin, TX · NCUA charter 24465 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/government-employees-24465

Who the members are: federal charter, multiple common bond, organized 1934, low-income designated. 9,467 members of 25,000 potential (37.9% of the field); checking penetration 52% (share draft accounts per 100 members); loans per 100 members 42.

**Verdict on the desk:** this could be *quiet fade*. 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 | $189.0M |
| Members | 9,467 (-4.1% YoY) |
| Full-time staff | 30 |
| Net worth | $19.8M |
| Net worth ratio | 10.5% (p32 of band) |
| ROA (annualized) | 0.87% (p61 of band) |
| Total delinquency | 0.44% (p36 of band) |
| Net charge-offs (annualized) | 0.07% (p17 of band) |
| Loans / shares | 59% (p31 of band) |
| Cash / assets | 31.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.27% (p28 of band) |
| Operating expense / assets | 2.78% (p20 of band) |
| Vehicles % of loans | 39% (p54 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p33 of band) |
| Vehicle delinquency | 0.02% (p6 of band) |
| Vehicle NCO | 0.16% (p26 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 55% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 75% |
| Certificates % of member funds | 11% |
| Average share balance | $10,592 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $26,454 |
| Loans outstanding per 100 members | 42% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $24,960 |
| Loans granted, annualized | $20.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $26,454 outstanding purchased (0.1% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 1.6% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, losing money |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | net worth falling |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 2 |  | net worth falling |
| 2017-06 | 2 | delinquency rising | losing money |
| 2017-09 | 1 |  | delinquency rising |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | delinquency rising |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 1 |  | delinquency rising |
| 2019-12 | 2 | net worth falling |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | margin squeeze |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 4 | delinquency rising |  |
| 2021-12 | 2 |  | margin squeeze, delinquency rising |
| 2022-03 | 2 |  |  |
| 2022-06 | 1 |  | net worth falling |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | assets shrinking |  |
| 2023-12 | 3 | delinquency rising |  |
| 2024-03 | 2 |  | thin capital |
| 2024-06 | 2 |  |  |
| 2024-09 | 1 |  | delinquency rising |
| 2024-12 | 0 |  | assets shrinking |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | members leaving |  |
| 2026-03 | 2 | loan book shrinking |  |

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

- 2026-05-26 [After Naming a New CEO, a Texas Credit Union Launches New Name - CUTimes](https://news.google.com/rss/articles/CBMingFBVV95cUxQdXJKQTJheXNaNndBLUpmX0xPWmxhYnl6ekZvMHFLTlpnZjlxSWM0NXVlc0ZQWlNacWhDeXNQSzNLMnplTHNZWGtqWFhtaVJSY0dPYWNUSkdkS2FyUlFSTmp2RmtWbkVob0R0N0E5T3JiM2ZRUlZONHZSMkI1MHlZTEV0bWdJOTV3dlRoSGJtVm1tVDZKelZraE9kODE1UQ?oc=5) · CUTimes
- 2026-03-31 [NCUA Bans Former Credit Union Employees Who Stole More Than $600,000 - CUTimes](https://news.google.com/rss/articles/CBMipAFBVV95cUxNN3E4Z1lwYjRJQzduNm1FSlpoMnVRYWVLMDhKbWNvTE9FbTdQQ05iMHV2SlVKTnVKLU4zdWJsdW84Zy13LVA5bzg3Z0JvZ2tyb0lnZUFVSFdBdnhRSkFFclpKT3VPbVNkU0w2VTFVeFl1ZERzLVFsdDlIb1hQVmpLUVZoV3ZtcUVaYnRIdVJqVmU4WmRnbXNkSGVHellibjYyekFPWA?oc=5) · CUTimes
- 2026-04-08 [Janet Granado Carlisle Obituary (2026) - Boerne, TX - Ebensberger-Fisher Funeral Home - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxNUkpXT01sNmI5UnktbmktRk9uekRRSzI0azFwZllTSERIcTJDVFNiSFo3R1gwclVlTVI0RnA2dWFRLXVPTEhMWnYyRFlSR0VVdHF0X05fTFB5bDJIcUV0ZXFaY2pzYmZLUHNIbjB1UjZQUDd1d2R1bWM4b0U5YjJrMUZUUQ?oc=5) · legacy.com
- 2025-12-12 [Former credit union employee gets deferred adjudication - galvnews.com](https://news.google.com/rss/articles/CBMi0AFBVV95cUxPNklZWkRKVnNjOWdtcWZZU0EwZFVndFF2dkQtY19CX0NCUFBJS0VESnBUZ0tjS0ZFOE5Bd0RKVDFLWnI3Z3p2dFM5WDhPRkttR0VLVzQ4ZDRjSUdiUmtnX284enJfMmNGdUN0VWVUQXVKa1ZiQUtqZmFmOV9YQTJmUnBSTS1FejlXWVlxTnVuNmVQaWFWYVlOT21xZm1yWHpwTnJ0aXNNTWxCbWc1Y2VMRGhUdVE3b2dSem54MFU2MFRQV2R3YjE1TVV2MTh6c3N6?oc=5) · galvnews.com
- 2025-01-13 [La Marque police investigating Galveston Government Employees Credit Union burglary, offering up to $10K reward for information - ABC13 Houston](https://news.google.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?oc=5) · ABC13 Houston
- 2024-04-15 [GECU putting first branch outside El Paso in Las Cruces as it also expands virtually - El Paso Times](https://news.google.com/rss/articles/CBMi_wFBVV95cUxORmNtOEF2eS1RQU41c3JmWFdfaU9jOHA4SGRYbFhVTFNzSFFhQ0d6Z2ROMXNad0dxT0NFRTAybDItU2ZKRVZsZ3hITEtTU001WXR4NnlTdTBKbldvUV9icnVuall6cHpRSWtoOFg2RFRCT0lBTjFHS2ZOb09SeDA1MkpNQm1FbTQ2MUhpemNjcUFkUTZkTWFGeWJHVHB4TDlNdktJZ3MzdGU5VWJWdUxlR3FKbnhRTW13NmZlaG9OakhZU3dzN1REb1M3WWZfZ0k5RTAxMmltZlpMM21YWEY3cE5TbjJTYUFaejFrQWgwYTVybjhsOTNETXM5LVllTXc?oc=5) · El Paso Times
- 2025-10-31 [As they miss paychecks, furloughed federal workers are taking out bank loans to help pay the bills - CBS News](https://news.google.com/rss/articles/CBMiggFBVV95cUxNTTlOZGVZN2FqOWdxam9iUkV3b216U2ppd3lrUERWdlVpeC14aUdvVmNWQmhfdHZreVJWZ1NQQXNrXzRWOGM1c3dkT2p0bWV1OEZudXpIdXVCUkpwNFhCT1FIZ0tqX1RPd2VXRDI1Q290RnNMQjMtVld6eGEwd0JLWnpB0gGHAUFVX3lxTE1za1RSTXBLM191b2tEbllJVzFodlhwLU8wSWZNaTBnRzFMTUNRRmpFeGZnekxDOG05OU5RM3RVS1pPQWhsOXdXODV0UjJ4U21xSmVxdG5pWXcyQzczRkhlNGhGZGs5aXVaWU9KZWtNTXBfTEVwbk1VelFpem9MczRuc1hJUkdqbw?oc=5) · CBS News
- 2016-08-06 [Raymundo I. Solis Obituary August 6, 2016 - Sunset Funeral Homes - El Paso, TX](https://news.google.com/rss/articles/CBMibEFVX3lxTE9xSTllOVB1dUg4eGs1M243MmxuUzdYbGFyeTRTNG1xVUtRMVF6OFpRMlE1b2pQWmdmdHhKR056YUYzNUVmZjFCU05PblZfcm5mell5bkk5bk1aZjNoS2Q0bHdBLU1wR1RPWmIyQw?oc=5) · Sunset Funeral Homes - El Paso, TX

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24465 (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/17.json (key "24465", 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=24465
- 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