# GULF WINDS
PENSACOLA, FL · NCUA charter 24702 · asset band $500M-1B · latest filing 2018-09 · stopped filing after 2018-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/gulf-winds-24702

Who the members are: federal charter, community charter, organized 1954, low-income designated. 61,340 members of 846,518 potential (7.3% of the field); checking penetration 74% (share draft accounts per 100 members); loans per 100 members 50.

**Verdict on the desk:** this could be *fortress*. 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 | $664.0M |
| Members | 61,340 (2.0% YoY) |
| Full-time staff | 191 |
| Net worth | $80.4M |
| Net worth ratio | 12.1% (p72 of band) |
| ROA (annualized) | 0.82% (p56 of band) |
| Total delinquency | 0.67% (p62 of band) |
| Net charge-offs (annualized) | 0.44% (p53 of band) |
| Loans / shares | 74% (p24 of band) |
| Cash / assets | 6.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.94% (p39 of band) |
| Operating expense / assets | 3.94% (p73 of band) |
| Vehicles % of loans | 44% (p67 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 16% |
| Third-party paper % of net worth | 37% (p29 of band) |
| Vehicle delinquency | 0.47% (p50 of band) |
| Vehicle NCO | 0.68% (p59 of band) |
| Repossessed % of vehicle book | 0.05% (p54 of band) |
| Real estate % of loans | 38% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 79% |
| Certificates % of member funds | 15% |
| Average share balance | $4,586 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 50% |
| Loans granted per 100 members, annualized | 1485% |
| Average loan balance | $13,843 |
| Loans granted, annualized | $223.3M |

## 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 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | delinquency rising |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 0 |  | delinquency rising |
| 2018-03 | 1 | delinquency rising |  |
| 2018-06 | 0 |  | delinquency rising |
| 2018-09 | 0 |  |  |

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

- 2026-04-20 [Gulf Winds Credit Union raises over $100,000 in Chip in Fore charity golf tournament - CUInsight](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPUmtEZFNueFRmNTJNSkdJNXRHLUw5RjI5NExlNWNacnBwRmxKQXJxQTlWMXhNOTVCOEVmLW84bGxhVGVvTElDYklRM3Y0cEp0eFZRSlliYjdOR2NnMnJpbWZtcl81TzIyUnB5QWVhcDd4dDhmay1INVdrcUZIMER1dVFuSXkyZ216ME5hZUZxeENSckZOT2xpOGUtS2lnTlBISDFPb3g2cTB5V3hma0tLcTRXMFpTLWxQU0V2bTMyQU0?oc=5) · CUInsight
- 2026-08-26 [Gulf Winds CU Plans Bank Acquisition, Rebrand As TruWorth - cutoday.info](https://news.google.com/rss/articles/CBMimAFBVV95cUxPWVFGNUN0T1l3TTFtSzRCZVZxMFFWWjUyalNQeHBERllKVzlfTy1aYzZDT2NZODN1bmNJNVJUSlA2MUVaZ0xKUHd3MExobnoxLUhYcmZEcFNpdDNDVUNnNlFQcE1ELXNlendoWTJweGtMT3N5cTVzYkN1RlhLa2x1TVB6ZGdpdGJVZ3dtTk5EVWF1WFlnamdoeA?oc=5) · cutoday.info
- 2026-03-30 [Pedestrian seriously injured after car crashes into Escambia County credit union - WEAR-TV](https://news.google.com/rss/articles/CBMipAFBVV95cUxNRVQ5VnBfRzg5ZjZzdmtBT241bm1uWDJyZVNvRnhpRWt0TVFBa2hUNTNoRjRmVzc1cmxKZV8ycUpnRm9wXy1FSHVLblREcVNCNnRHV2NSTWI3a2ZBMzhWVHhVOW1YcnlIRExxRHVBS3ZsYWFFaEYwbS1WTEEydy1IRlI3TVdvTkhVSVV4eFNCOWxCdGpuZFA3d2c2RWZ5cDdaVmQyQw?oc=5) · WEAR-TV
- 2026-03-31 [Elderly woman drives into Pensacola Gulf Winds, seriously injures man - Pensacola News Journal](https://news.google.com/rss/articles/CBMixAFBVV95cUxPYnV1T2dIY1JOWURnTVU5aFA5eXllSTJhbW5fMmExOGltVU5lWVNQSnQ4bWM2UTNUUVFIOXN1XzlpcjNOU2tWcnVaMnRHYk1mNnROcTFOSVAzbXlYZG9XUS1la1FVUERvcVdqT3VwTUxpRktobENRbnk4MXBwWFVUOFhablBQMUo2bURpSGYyNWpHS2lOTG53cDljWjBGWkY5WDBqYlo1QkJPOTlNR0xhdW01cWpIX1FxMlRfVG1oazlwc2U5?oc=5) · Pensacola News Journal
- 2026-04-19 [Blue Wahoos, Gulf Winds Credit Union Partner for "Giveback Sunday" - MLB.com](https://news.google.com/rss/articles/CBMioAFBVV95cUxNVVFnV2JYTFdPSnc5ZTZqUGpab2JiclJKQnNmaUNGZG1HOGtTTlJPRHZ4Mk9KUWhsaTN5bzU2LWRiMTd1bGhvUVUtVVU1WFpRRC1UT0Etck03QU1rMHJrTkpHR09meHdUQm0wbTM1bW5MUzZ5MXNGVEVwTVh0ZlN3ZlJ3dV8zSk1NTUtjXzdaV3Q2Tk5xZ1lrUldfRXpaN1NO?oc=5) · MLB.com
- 2025-12-04 [Gulf Winds Credit Union to break ground on new Nine Mile headquarters in Pensacola - CUInsight](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPUGNtUVVqckd4VVh6TVJYR0lkemFmY1hETVJpd0JlX01fWHdxNTlBV1JrS2tGWDhyeURLNU1wX2ZRVVNLQjdsLVY3Y0ZUNVN0MmYwbkdQNjNaSkFWNUNlc3ZhZ3A4UVVKTEt4ZkxrdXQ0SWlka3VWcG9jekxuakRoUmhzQUtZTURvdWlRd2pYeHlrVGtORUNvSXhBZmtXcks5ODZJcVNlakpIT2J2bC0xekJIcE82R01LZ2V6b0t5Mmg?oc=5) · CUInsight
- 2025-12-22 [Gulf Winds Credit Union breaks ground on new Pensacola headquarters - CUInsight](https://news.google.com/rss/articles/CBMirAFBVV95cUxOdlpmakhjTi1EcGVVSU1JVGQ1WnJ5WDc4Z0NMVXQwODF5Vnl6UUZqM2EtR3Ewc2doeHozal9OZERDYTRxcEFoRExEOE9FMGtfdE9DSC15UWd5T01qNjlrTU9ZLWJOQVY0S2lJaTN1bGZOLVowT0k4RzA4eWdQR2VyMkczSlNreXNQWGlwLUdEZUZaTkJsek4zTElyOEJhbVpXbVNyNjkwWjQ4dWxP?oc=5) · CUInsight
- 2024-06-13 [Century Woman Charged With Defrauding Credit Union Of More Than $79,000 - NorthEscambia.com](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQcXc1NmNNREhRY0VBeTBVVnZEbi1NbmpnRERDMnpYenp1VjQ1VnFDYkdjSEZ6LU5GQU5ZZ1JoSHFmNG1iaHNwZ0taM2lQdTZUSkNkSGNFeDZ4RXdiLVBRcEJYUVU2S1J4NW56VC1MT2QxR2dNYmxlX0R5Y0E2Ql9ad2FMZVJkMTNYZWo1bXFab09OczJtRXVaRkM5UG9Vd3BnU3p0aUpPRF9HUQ?oc=5) · NorthEscambia.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24702 (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/62.json (key "24702", 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=24702
- 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