# GECU
El Paso, TX · NCUA charter 60058 · asset band $1-10B · latest filing 2022-09 · stopped filing after 2022-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/gecu-60058

Who the members are: state charter, organized 1932, low-income designated, minority depository institution. 419,046 members of 974,000 potential (43.0% of the field); checking penetration 58% (share draft accounts per 100 members); loans per 100 members 48.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $4.13B |
| Members | 419,046 (2.8% YoY) |
| Full-time staff | 947 |
| Net worth | $440.1M |
| Net worth ratio | 10.7% (p64 of band) |
| ROA (annualized) | 1.11% (p77 of band) |
| Total delinquency | 0.39% (p59 of band) |
| Net charge-offs (annualized) | 0.38% (p91 of band) |
| Loans / shares | 85% (p52 of band) |
| Cash / assets | 4.1% |
| Borrowings / assets | 6.14% |
| Net interest margin | 3.38% (p94 of band) |
| Operating expense / assets | 3.66% (p92 of band) |
| Vehicles % of loans | 61% (p94 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 73% |
| Third-party paper % of net worth | 292% (p78 of band) |
| Vehicle delinquency | 0.41% (p60 of band) |
| Vehicle NCO | 0.18% (p35 of band) |
| Repossessed % of vehicle book | 0.03% (p47 of band) |
| Real estate % of loans | 19% |
| Credit cards % of loans | 9% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 27% |
| Core shares % of member funds | 65% |
| Certificates % of member funds | 18% |
| Average share balance | $5,022 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 48% |
| Loans granted per 100 members, annualized | 46% |
| Average loan balance | $14,192 |
| Loans granted, annualized | $1.73B |

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **charge-offs p90** (`aq_nco_high`)
- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 6 | thin capital, charge-offs p90, loans>95% of shares, leaning on borrowings, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 4 | expense trap | thin capital, leaning on borrowings, auto monoline |
| 2016-09 | 5 | delinquency 2x band |  |
| 2016-12 | 5 |  |  |
| 2017-03 | 5 |  |  |
| 2017-06 | 5 |  |  |
| 2017-09 | 5 |  |  |
| 2017-12 | 6 | leaning on borrowings |  |
| 2018-03 | 5 |  | leaning on borrowings |
| 2018-06 | 5 |  |  |
| 2018-09 | 7 | leaning on borrowings, auto monoline |  |
| 2018-12 | 7 |  |  |
| 2019-03 | 6 |  | leaning on borrowings |
| 2019-06 | 5 |  | delinquency 2x band |
| 2019-09 | 5 | delinquency 2x band | auto monoline |
| 2019-12 | 5 |  |  |
| 2020-03 | 5 | leaning on borrowings | delinquency 2x band |
| 2020-06 | 6 | net worth falling, margin squeeze | loans>95% of shares |
| 2020-09 | 4 |  | leaning on borrowings, net worth falling |
| 2020-12 | 4 |  |  |
| 2021-03 | 5 | net worth falling, delinquency 2x band | expense trap |
| 2021-06 | 3 | expense trap | margin squeeze, net worth falling, delinquency 2x band |
| 2021-09 | 3 |  |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 3 |  |  |
| 2022-06 | 5 | net worth falling, leaning on borrowings |  |
| 2022-09 | 5 | auto monoline | net worth falling |

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

- 2026-09-09 [GECU Finances Apartment Complex in El Paso, Texas - CUTimes](https://news.google.com/rss/articles/CBMijAFBVV95cUxQUm1XeklkSUlGME5GZnlWZzVIbVh1NEtDTHpuS0d3QjVzaDZnTGZtTFZYT1FQVmdUY3ZJa2NGd1JVNGpxQlQtaWJORW01WmVkdi15eWVORmxHaGR5Z0ZRWjBFMU9heVZJUFJSVHNGaUo4QXZJYjB1Uk9CdmVYdHhySFhZazF6UHo5QnNUSQ?oc=5) · CUTimes
- 2026-09-03 [GECU Federal Credit Union to acquire Bank of the Southwest - ATM Marketplace](https://news.google.com/rss/articles/CBMimwFBVV95cUxQWF9SVFYxaHJRdE0xYWVNQ2ZlTVFDeXZFdFlEUVV6OVJET0VxTExqbE55X3doTWYzaEFDM3UzOG40NUdEMGJNUGFqTW9IczAxT2w2Wk4tZmNvcndZUTM4aTBBb1ZWOUJRTzUxUXVkR3VQUHNielVzVDR5bnBueWRBWXFaenFDVUxTT1l2MktBWHR2Ml9SUmgyaTNkVQ?oc=5) · ATM Marketplace
- 2026-08-28 [El Paso-based credit union gets approval to acquire New Mexico's Bank of the Southwest - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOdTZKN1hMSzJ2U2RnR2xhV2Z4S1didFY4eDRtUkx1Z3p5eHc2Z2JaajlYc1BJV29UZXR2WWFHc1Vza0ZtUkhCM2dJWFJ3N25PWm5VYkUyTE5WeWJKQU9fdTZhcGlrbFFqM3YtMlIzTHI4SEt1aHVJY2lydUM4RkJWX2ZZMjJqZXUzTkJSa0lRZkRUQW9rLVVNVlpKNlNEOGtCVEJZdUg1bTU?oc=5) · The Business Journals
- 2026-08-26 [GECU opens its doors in Lubbock, strengthening its commitment to West Texas - CUInsight](https://news.google.com/rss/articles/CBMitgFBVV95cUxQaGdUY2tVbktyTTl5ZlptNmdmUzM3cFhsZ0p5Tm9GOVBRbmkycDYwam9CQVh5NlpBMXozV0ltZHNaLVJENmktblBMUmxDVXg5QllFRjNZYTVVWUJkOW54X0E2M0I0d0RWSDRaYUd5cy1peWVvVTVLRWQ2Q1M1QVBNU092LS1VTmlvVnFKVFptMWhyNklxcDdwWEF3RXZpUHBzM2c2cV9aYnFUa2VpMTlNNUd1NDUtdw?oc=5) · CUInsight
- 2026-07-15 [GECU breaks ground in Odessa, marking first location outside El Paso - CBS7](https://news.google.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?oc=5) · CBS7
- 2026-07-30 [GECU Federal Credit Union Number of Employees 2026 | Employee Count & Headcount Data - reveliolabs.com](https://news.google.com/rss/articles/CBMifkFVX3lxTE1vQXJvT21aSVZDOWVFVFFYdGVZU1BDY21LZWtkOFdxemhnaUlPR3dBRU9mQkdBS1piYnQtY2p2ZkVrbEpPSXJGV2xRam5jXzRPQVo1bG45TW9aaUhwRVhLdElnR3o1MHJjNlltbXcyZ3h1cVpiZlFmdlk0UjZIdw?oc=5) · reveliolabs.com
- 2025-11-18 [El Paso credit union to buy 11-branch bank - Banking Dive](https://news.google.com/rss/articles/CBMiiwFBVV95cUxOdUdFMjBLWkx1cHl1UXZveWNXSUtNZWwzeFlpdzM1LXp3WEhEb0k0UzZXWk95eEZPNGgybVpJVVpnVDJPNno1WWlvbUNTUmJCY1pTc3V6dEFINVhCT2ViRFJERHpvSVpWS2FUUnJBck4yYmhtV2NfdVlGT1NrbVJMTXpoMUFtam9TenRR?oc=5) · Banking Dive
- 2026-07-13 [Plan ahead for GECU system upgrades at the end of July - KVIA](https://news.google.com/rss/articles/CBMikgFBVV95cUxPcm85VU4wbWhxbl9pVDFfYWprSlJyMHhFb2xhTzRVSDZQSFRSZDlWeVpLbjlSTEcxaGJOdE1TVWk2LVJHX0xEZFU0d1RKY3RpcV9tWUhOYV84ZFRyb08wMG1MTEJWWXh5NXJ0LWVMRGdKZnJkdzJQdHR6V2JlREoydXpHRlZuQ0lJYjZYMnZHOGc3Zw?oc=5) · KVIA

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60058 (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/26.json (key "60058", 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=60058
- 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