# WESTEX
Lubbock, TX · NCUA charter 5373 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/westex-5373

Who the members are: federal charter, community charter, organized 1946. 6,783 members of 326,560 potential (2.1% of the field); checking penetration 53% (share draft accounts per 100 members); loans per 100 members 30.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $89.0M |
| Members | 6,783 (-4.0% YoY) |
| Full-time staff | 15 |
| Net worth | $8.2M |
| Net worth ratio | 9.2% (p12 of band) |
| ROA (annualized) | 0.08% (p16 of band) |
| Total delinquency | 2.00% (p94 of band) |
| Net charge-offs (annualized) | 0.57% (p75 of band) |
| Loans / shares | 27% (p3 of band) |
| Cash / assets | 69.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.95% (p16 of band) |
| Operating expense / assets | 3.38% (p44 of band) |
| Vehicles % of loans | 75% (p94 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 2% |
| Third-party paper % of net worth | 3% (p58 of band) |
| Vehicle delinquency | 1.12% (p73 of band) |
| Vehicle NCO | 0.20% (p49 of band) |
| Repossessed % of vehicle book | 0.59% (p97 of band) |
| Real estate % of loans | 12% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 61% |
| Certificates % of member funds | 23% |
| Average share balance | $7,036 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 30% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $10,365 |
| Loans granted, annualized | $8.7M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)
- **repo signal** (`aq_repo`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 3 | losing money, charge-offs p90 |  |
| 2016-09 | 3 | net worth falling | delinquency 2x band |
| 2016-12 | 3 |  |  |
| 2017-03 | 1 |  | losing money, charge-offs p90 |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 0 |  | net worth falling |
| 2018-09 | 1 | delinquency rising |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | net worth falling |  |
| 2019-06 | 1 |  | net worth falling |
| 2019-09 | 1 | auto monoline | delinquency rising |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | net worth falling |  |
| 2020-06 | 3 | losing money |  |
| 2020-09 | 2 | delinquency rising | net worth falling, losing money |
| 2020-12 | 2 | loan book shrinking | delinquency rising |
| 2021-03 | 8 | thin capital, net worth falling, losing money, margin squeeze, delinquency 2x band, delinquency rising |  |
| 2021-06 | 5 |  | thin capital, net worth falling, margin squeeze |
| 2021-09 | 3 |  | delinquency 2x band, delinquency rising |
| 2021-12 | 4 | thin capital |  |
| 2022-03 | 3 | delinquency 2x band | losing money, thin capital |
| 2022-06 | 4 | thin capital, losing money | loan book shrinking |
| 2022-09 | 1 |  | delinquency 2x band, thin capital, losing money |
| 2022-12 | 3 | delinquency 2x band, delinquency rising |  |
| 2023-03 | 3 | assets shrinking | delinquency rising |
| 2023-06 | 3 |  |  |
| 2023-09 | 3 | delinquency rising | delinquency 2x band |
| 2023-12 | 3 | delinquency 2x band | delinquency rising |
| 2024-03 | 4 | delinquency rising |  |
| 2024-06 | 4 |  |  |
| 2024-09 | 4 |  |  |
| 2024-12 | 3 | loan book shrinking | assets shrinking, delinquency rising |
| 2025-03 | 3 |  |  |
| 2025-06 | 4 | members leaving |  |
| 2025-09 | 5 | repo signal |  |
| 2025-12 | 6 | net worth falling |  |
| 2026-03 | 6 |  |  |

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

- 2026-03-03 [LPD releases name of person arrested after burglary at bank in Downtown Lubbock - KCBD](https://news.google.com/rss/articles/CBMihwFBVV95cUxPdGFCdjN1RUNTaXJmWFo3dHdSYWlFRnR2WWRHQjMxUGJLWmR4NDhuRmRiM0swa3lxd3dna2UyWktwUWhQU1hlZXE3c21yaXZ1WExQc0xvY2lSM2FfTTM2M25XUlpLdzNJM0l5dkUyQXJwVWQ1VElfZU5SMC1wRnZ0ZzRFN2xJd1nSAZsBQVVfeXFMTnBtbDUtSWVLRmdyTEVMUmpHQ0xyd21ibnhqNjYyZUZoM2hlUUk5X1RNY2tXRlg2V255QTloWGd4ZEF2WlU0akNRMHJhNGRkdnM3eXZHZmVWaWNrajZUT3RXSXpOM1ppWHM0ejE2NDVPOVZWNkhqM1FESGo5aEIwRjcxRkJEaGNFckdzSDlnRXZRMzZIYW84QVc3Wlk?oc=5) · KCBD
- 2022-06-14 [WesTex Federal Credit Union Commits to Providing Free Financial Education for Individuals and Groups in Lubbock and Hale Counties - KCBD](https://news.google.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?oc=5) · KCBD
- 2021-10-21 [Pay It Forward: Surprising a special Lubbock High School cafeteria manager - KCBD](https://news.google.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?oc=5) · KCBD
- 2021-07-13 [Pay It Forward: Kim Sipowicz - KCBD](https://news.google.com/rss/articles/CBMibEFVX3lxTE1BZ2Y1S0Q0djZuUnJqd01OM1dIOTNYZEdOWEJHZG1MRWxhSlU5YW1aQXpVRU5SSnRIRmhoNFZhVnM3NW9QTXhvV1gzRXhPSUxkS2F6V1BvRHlTZWdyWFU1NTVUZlZUTnp2aVhXZtIBgAFBVV95cUxPSnN1WG1WVmlUTHhlNmN0TzcyaEV1U0R1aHg1X2tnN2tRQWdBWlo3anZQUk5sNHJiX2xMd2dnOG03REN4WHBsNkdiM2NXTElGd2hVZmRwdmZSQUd5SkItdTgzRm9UZTRPSWtKbkpMemhySjNZUUxMeWNVM0RvZG0wSw?oc=5) · KCBD
- 2021-11-03 [Pay It Forward: A Ralls hairdresser of 40 years receives a sweet surprise - KCBD](https://news.google.com/rss/articles/CBMinwFBVV95cUxNOXg1WU9vTFdOenZTR3kwRHh2eXhWSFgtU2hBanhDRXNRaHlGa2lmOW4zeFp5WFppb2NmRUJjWHlwYVVsa3ZjMzF4U3BaV0JwXzVmLTVoLXhPdHpMbkxmcElmaFJfcHF6LWlBN0ZTNWZVQWdHQzZNaHVWNTl0U2JsclFwejhjcVFKZVNPTl9zZzJvdlU0b1dvakZBS0FFWjjSAbMBQVVfeXFMTTNMdVpnenZ6YlZLc1JHbW9PemZ3Q2YtcUlSdXg4NHFUcmxJeGpwN2hLVkhTaW1pcDRTM2FObDc1bEQxTW40Q2xqR0piWkwySFFOeFAweGRCUFZTZmFob0s2NGlSeVVYRm9tSTBJamFLaWZ3TmtncDR3UVJkU2QzcUt4aGtnY1FjV0xhdkNucDJ0TFBVT09ITDhMazduVWhLcGg3WGpPakZGYXFrVjdqVEVfbWs?oc=5) · KCBD
- 2018-01-31 [Pay it Forward: Marti Dillon - KCBD](https://news.google.com/rss/articles/CBMickFVX3lxTE1LTVc3aHhDTDRlRFBPMUN5ekRwVlV5YnFvVVVzUC1aTWRlWnZsNy1HY2dTVy1QWVhhQmZOam03QS1TREZwZVo0eDY4aEtjTTljNG1OSjRzb3ZGMzhBSDBFZ1h4YmlMYTFqYjJmcGdmejdld9IBhAFBVV95cUxPRThZT3BQTUo4MGpTQ0c5X3VjVi1PVVoyaE5VUDNDVG9HNWJ6RXFuaVhhMFRxTVZSQTgzZmtENFVMSzRoOGVQQjBqcHUya2V5elZxb3JFbUtNTl9qXzZWNUR6RGFXWFNMZ3ZWNkNDSDBRZFVUYUp1TTUxczczQ1dXdURqSGE?oc=5) · KCBD
- 2020-09-16 [Pay it Forward: Helping Lubbock’s adult protective services’ silver star room - KCBD](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOWU1fbTFEZzJwMkxCRXlCZGVKdmlxWlZjckJWZ1R3cTlEc1B2eXFtV1E0YWM5QzY1VnJDUTFjX3lEaUF0R2toV1N2SEdxeEg3V0Z6TW42NWYxWTFZWDZRX1ZRbGJwSzZuYTktY05UTU9oOHpkcUU4anBwS2l3S2gzeUZONVpNSlhNQ1QyZnJ4M0w1YXltZzJlWlVfQkt3UmRqS0FPZ25IT3ptdk3SAb8BQVVfeXFMUHJtVEJrRlc4bjNHMWFjTVF1Tkh0TkFlY1p4Rmx3RkpvT3RmS1RFbDJiRzlwZG8xanBoOVo4Wkc4RldPMlFXSTJ6Y0NBVXB0UVN4RS1mVEE0YVNFMjJES3ZLbVU4ODdwVGZyRDBoN3hydEtXakZVM1BCUWxyQl9ZNHZyTk9sN05vc0hsYTVxOXc4cDIxQVN4UzhsekFpd3ZKTmpWQ0laYlE3YmIxME9hVWRmaTNfa1JMcm1GeUZUQ0U?oc=5) · KCBD
- 2017-11-01 [Shirley Green Pays it Forward - KCBD](https://news.google.com/rss/articles/CBMidEFVX3lxTE5maF8teDBqOXZNUXotLWJ0QkVRVkIwZWVmai15Sk9Fek5iWnc1Qm53NXcxOEk0TGN1R3RmWERsVkZ6YWNQTWNTaTBlN3d4c1o4V0pVQVp0Y0EtTzBUM21jSGpOeE1MV2dDdHpJRnVWOURsc1hS0gGHAUFVX3lxTFBEY1FneWNab1ZRdjd6TUlVN25WaXZsRzhkOXhDSThXN3hDSXEwOHFQNE1KREtoN3d4V2JLYnY0T1A4WmZqSko2TE14U0pFX29xblg3akRib0o3QmlJYXN3bDJmTGFRelNoNUl5N08zUXZvY3l5akljLUtZSFJHWFhEeldrdnF1aw?oc=5) · KCBD

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5373 (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/61.json (key "5373", 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=5373
- 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