# JEFFERSON FINANCIAL
Metairie, LA · NCUA charter 60738 · asset band $200-500M · 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/jefferson-financial-60738

Who the members are: state charter, organized 1966, low-income designated. 43,488 members of 587,170 potential (7.4% of the field); checking penetration 49% (share draft accounts per 100 members); loans per 100 members 54.

**Verdict on the desk:** this could be *liquidity-tight*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $400.0M |
| Members | 43,488 (– YoY) |
| Full-time staff | 122 |
| Net worth | $47.3M |
| Net worth ratio | 11.8% (p72 of band) |
| ROA (annualized) | 1.09% (p92 of band) |
| Total delinquency | 0.60% (p48 of band) |
| Net charge-offs (annualized) | 0.37% (p50 of band) |
| Loans / shares | 102% (p96 of band) |
| Cash / assets | 4.6% |
| Borrowings / assets | 4.25% |
| Net interest margin | 3.78% (p88 of band) |
| Operating expense / assets | 4.52% (p86 of band) |
| Vehicles % of loans | 39% (p57 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 19% |
| Third-party paper % of net worth | 54% (p45 of band) |
| Vehicle delinquency | 0.83% (p76 of band) |
| Vehicle NCO | 0.82% (p74 of band) |
| Repossessed % of vehicle book | 0.00% (p23 of band) |
| Real estate % of loans | 45% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 60% |
| Certificates % of member funds | 30% |
| Average share balance | $4,231 |
| Participations bought / yr | $492,630 |
| Participations sold / yr | $3.8M |
| Participations outstanding | – |
| Loans outstanding per 100 members | 54% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $14,403 |
| Loans granted, annualized | $116.7M |

## Flags firing in the latest filing

- **loans>95% of shares** (`str_ltos`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | loans>95% of shares, leaning on borrowings |  |
| 2016-06 | 1 |  | leaning on borrowings |

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

- 2021-06-01 [Jefferson Financial Federal Credit Union - Biz New Orleans](https://news.google.com/rss/articles/CBMieEFVX3lxTFBuQnNFWjZSNy0zT2R1RF9ucjIwajlndWxLTVE5YTQ2bmJRanVLZFFuOThMT0p5MGY3a1hpSmp4MkMzQXd6dEpGaDJkRzRuTXFteFY2MmZ0SmZvQXhnUnE0ZGl5UlJiS0JtcV9rVkZVU3NiT0YzdmR6aQ?oc=5) · Biz New Orleans
- 2026-03-07 [Michelle Charlet Cooper Obituary Mar 4, 2026 - Mothe Funeral Homes, LLC](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFB4bU54WDJuNjRCbHJGNHc2a2x5eEJ4U1k1RDVUaVBIY0xaODRVTDlocTNwa2ZlTDZsckNRb0I4N0xjRXVadl9ZTXRvZWdVaVdpN0xhZzlFUG9Ec29yV3lMaGFVV2xMWmM?oc=5) · Mothe Funeral Homes, LLC
- 2025-05-28 [Companies announce largest credit union merger in Gulf South history - New Orleans CityBusiness](https://news.google.com/rss/articles/CBMimgFBVV95cUxPOFZPRlZGR1FEdlNjX2xRQm5SX0p4Z2R4RFZNQ0pWa2V5MXlJU1BORi1mYkVuRlREV1dWMWx0cFd6cW83ZDVqY0x1c2JYSmlEc1FsbHN0QzZ4bmFiMklpWGxTLTNpTS1kLWktZUZheVFuY2s3bTN3bjM0U0hOTFIyRUxPSjkzVGJLSlhSUm9sVUtieXJrZmRBQm5n?oc=5) · New Orleans CityBusiness
- 2021-07-01 [Jefferson Financial Federal Credit Union - Biz New Orleans](https://news.google.com/rss/articles/CBMikwFBVV95cUxQMjFzZmJYWmx2QmVzcnV4Vk40YUdqampudzlZVUpWZjNBa3gwMTRlQzdjTDJoN3Q3dUVFeEJrdHk3LUV1VmRmY2x3b3FLWW5XaE1TNXV5RUJra0l2Y3NkMmNpcEZwRk9UNVZQSElHQVZrUldjd3BoZmw0bFlRWjVickNxaFpWSW5OVTRTNDdTcER3QmM?oc=5) · Biz New Orleans
- 2017-06-14 [Jefferson Financial Federal Credit Union holds ribbon-cutting event - The Advocate](https://news.google.com/rss/articles/CBMiogJBVV95cUxNUmdqV24xa1lYVFE0MmdBcTZPcUI2NWZOTl8xbi1iZVNwQTZBbGRReWstWUstaFI5QkthY3FqLWFtWWpqaUxQem5CR05XbUhGRVdqZlF1NFNpLVdvcmF2NnQzc2hOT0tnekF5MlVDbHJyV1c4bC16R2IwcE5GVmxwSkpFWlFtNktiNWtYX1liSDhsU1dRajltclVvREpPNFhkLXZQc0d6RjF1TDc4cVpEU3BTM2lGTDJuLTVqYnpRZkFPX3NRY1FXaEhUZDRGM18xbDM4eFFucTNuZk9nd0JFZDFSb0xJWEdrQzZ2TTJCLU9rYVF2aWNmTFlCM2I4bllmUkJMQ19xay1IcTFRVmdvdGFvVjZQSmN1cEhrNHltcVZJUQ?oc=5) · The Advocate
- 2025-08-13 [Former Vidalia Mills, Fruit of the Loom to be deeded to cred... - The Natchez Democrat](https://news.google.com/rss/articles/CBMisAFBVV95cUxPQnk3V2RKa3dmMGk3dXFYcWRsOHVJSjVYbTMxWTQ3cDVEREt1MGR0N0JVUTg3V1lSZVFzT0l2RGlpVHNMUEMzbHV6REU2TDZUTHp4Ymd6YmZ1dE9IVllYam1VM1IzaGhxTHdBU2RuQ3JycGxNdW1mTDdLUEhRYUJkMFNwYzBLcFBZMDNrcWpnUzhnYjNRbzlUSWJqbjdndTNQMzlTSkR2dW9EUU9fREZyVQ?oc=5) · The Natchez Democrat
- 2019-05-29 [Leadership Jefferson graduation concludes nine-month program - NOLA.com](https://news.google.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?oc=5) · NOLA.com
- 2021-07-18 [Mark Rosa, CEO - Biz New Orleans](https://news.google.com/rss/articles/CBMid0FVX3lxTE84YWtiNW5xQndxSHhBeWRwc0Zrb1B0SHpWLW9iOEVLYXFDUVFCenUxU3N0MWp1WGVOdC0wNVlLaERGUGxWRmtiTDFSZ1BlMWwwRFRPbV9Bc3RFdVU3TzViUnlycnk5QnppTzdLSUtXbHBLVVpWWi1V?oc=5) · Biz New Orleans

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60738 (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/2.json (key "60738", 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=60738
- 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