# RIO GRANDE
Albuquerque, NM · NCUA charter 62573 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/rio-grande-62573

Who the members are: state charter, organized 1952, low-income designated, minority depository institution. 50,834 members of 829,504 potential (6.1% of the field); checking penetration 69% (share draft accounts per 100 members); loans per 100 members 47.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $665.9M |
| Members | 50,834 (3.2% YoY) |
| Full-time staff | 157 |
| Net worth | $59.3M |
| Net worth ratio | 8.9% (p19 of band) |
| ROA (annualized) | 0.35% (p25 of band) |
| Total delinquency | 0.86% (p70 of band) |
| Net charge-offs (annualized) | 1.49% (p95 of band) |
| Loans / shares | 68% (p20 of band) |
| Cash / assets | 19.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.57% (p60 of band) |
| Operating expense / assets | 4.43% (p86 of band) |
| Vehicles % of loans | 53% (p91 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 69% |
| Third-party paper % of net worth | 256% (p83 of band) |
| Vehicle delinquency | 0.97% (p75 of band) |
| Vehicle NCO | 1.88% (p81 of band) |
| Repossessed % of vehicle book | 0.09% (p62 of band) |
| Real estate % of loans | 29% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 36% |
| Core shares % of member funds | 36% |
| Certificates % of member funds | 39% |
| Average share balance | $6,034 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $7.6M |
| Loans outstanding per 100 members | 47% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $17,068 |
| Loans granted, annualized | $192.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $7.6M outstanding purchased (12.9% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -1.2% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **charge-offs p90** (`aq_nco_high`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | charge-offs p90, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 4 | delinquency rising |  |
| 2017-06 | 3 |  | delinquency rising |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 4 | delinquency rising |  |
| 2018-09 | 3 |  | delinquency rising |
| 2018-12 | 3 | delinquency rising | charge-offs p90 |
| 2019-03 | 2 |  | delinquency rising |
| 2019-06 | 3 | charge-offs p90 |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 4 | losing money |  |
| 2020-06 | 5 | net worth falling, margin squeeze | losing money |
| 2020-09 | 5 |  |  |
| 2020-12 | 5 |  |  |
| 2021-03 | 5 | expense trap | charge-offs p90 |
| 2021-06 | 2 |  | net worth falling, margin squeeze, expense trap |
| 2021-09 | 2 |  |  |
| 2021-12 | 4 | net worth falling, expense trap |  |
| 2022-03 | 4 | charge-offs p90 | expense trap |
| 2022-06 | 4 | expense trap | net worth falling |
| 2022-09 | 6 | delinquency 2x band, delinquency rising |  |
| 2022-12 | 3 |  | charge-offs p90, delinquency 2x band, delinquency rising |
| 2023-03 | 7 | net worth falling, losing money, delinquency rising, charge-offs p90 |  |
| 2023-06 | 5 |  | net worth falling, delinquency rising |
| 2023-09 | 4 |  | auto monoline |
| 2023-12 | 4 |  |  |
| 2024-03 | 6 | thin capital, delinquency rising |  |
| 2024-06 | 7 | net worth falling |  |
| 2024-09 | 8 | delinquency 2x band |  |
| 2024-12 | 6 |  | delinquency rising, delinquency 2x band |
| 2025-03 | 3 | delinquency 2x band | expense trap, losing money, charge-offs p90, net worth falling |
| 2025-06 | 4 | charge-offs p90 |  |
| 2025-09 | 4 |  |  |
| 2025-12 | 4 | assets shrinking | delinquency 2x band |
| 2026-03 | 3 |  | assets shrinking |

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

- 2026-09-08 [54 Credit Union Leaders Earn CUDE Designation - cutoday.info](https://news.google.com/rss/articles/CBMiigFBVV95cUxOZVpnbEstUFVkSDRERlRkaWlLX240b3pWSm1DMTN4VW83REFRZzFMU2w5eDcxSGVhRVdnSlk1c3pMcmJtWk5OeUVvb0tLMWVoT3FRNElON1pPM21aZGR0eEI0SWhUY0wtN0lSSDFsSmJBcDQxenBmZFJSbzhNT2tmTFdZTXphWUZtN0E?oc=5) · cutoday.info
- 2026-07-08 [Rio Grande Credit Union - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxQai12bHl3Z21SMUw3Y0NJM2NwQ3FnRkp2Q1g5QWFXTnpVbFNXazJKQ1lwYmRxTmswLWNZOFcxTVBVM3JhcGIwbnlaOWxIb1M2MmRMX240ZXNOTUo1ZE40R0o4VGFkWkZFU0xQTkZxenlYMDNIbDBSX3lBVWtEQm5fRFFGd2pOSXoxQW5UM1F2MmFjMjhnLXRJTUdnSW9Na1RPNFB3?oc=5) · The Business Journals
- 2026-08-27 [Kipp Keller sparks NM United’s comeback win - Albuquerque Journal](https://news.google.com/rss/articles/CBMirAFBVV95cUxNN2JXNGF0OVJST2MzaHVjWm9KRDhiNnlOVnFiX3lHSUJlcy1LMU5VS3JXRW0zWnVFQ2Q2M21zamV5ZlJpVV94Q2JGUTZUNFQtY3RJTUlJMmJ3QXZvdV82RXYxc3k5YnMwZW4xMER0aVUtcUNGa1ZfenVubEpOV0VWbXhFc2FlUnlkbnlFeGV2d3hjX1JUZ1Bic21jbFR5RllkbVNHaHlRb01CR3Ez?oc=5) · Albuquerque Journal
- 2026-08-31 [Isotopes Homestand Features Women in Sports Night, ASL Night, Fireworks and Giveaways - 96.3 KKOB](https://news.google.com/rss/articles/CBMiwwFBVV95cUxOZlZ1U1lfZGt6VHJIV0plMHl0Q2RiWVVUTF9ZelJsXzlURjM2WndxYTREbFh2R2pDbkNjX0t5aTlUNzJ5ZVZUVGNkUGdTUWVsZEQ2WXhKSlJyZ2lsUnNUREQ0Q0h4MVUxdTBkcUNtYk5LeEhKSVhPaVhOalRMSHF3X1Q3SHVlQTRSZ3lPWXZ5VzMtT0huNGVBeDZwMXF2S1lYMnBUTXFPbVdFdEhlY1J1Yk50RE5XTW16b1ctTUFoRkNjNmM?oc=5) · 96.3 KKOB
- 2026-06-10 [Best Certificates of Deposit (CD) in New Mexico for 2026 - MoneyRates](https://news.google.com/rss/articles/CBMiakFVX3lxTFBlSHl6ZzdHbENVc2w2TWc2bWlENVdrUWZWbGtqbGtDVVR4Y19iOXdBdTRpV0xXVk9FaXBkd0ROZThMazVrLVNEY1dyOFJCaEFhbWM5bDZaZmNzZVM4V0R0SzM0bmY1dXJLNnc?oc=5) · MoneyRates
- 2026-06-29 [The long game: New Mexico United navigates timeline for future home - nm.news](https://news.google.com/rss/articles/CBMiXkFVX3lxTFBUb29oU0hmTUxPbkpsMy1yQkZQVmJVaWJ5dWJ5c1F0X2U1UWZQWFZxYzAwNzlkVGI1bmp5dXJoTFM3a19xeFFzWVowQkVrQTdOZ1RpaThoRkM2aEFuYlE?oc=5) · nm.news
- 2026-05-14 [Comets Break Out in Albuquerque - MLB.com](https://news.google.com/rss/articles/CBMiVkFVX3lxTE5ZQm0tSzg1TzduMDlWM2F3UzJDMVdXUUpUME1mRl9hZVFyZ1NReFNRN0pIZzRXaExiTXYxNF9CbEVVUEo1Mm9HbHJJaUxRZmR3dG1ja0l3?oc=5) · MLB.com
- 2026-06-22 [New Mexico United vs. Phoenix Rising FC - Live Score - October 04, 2026 - FOX Sports](https://news.google.com/rss/articles/CBMivgFBVV95cUxOWElSeEhwdm9Ia3ZPaVhGX1RHaEYzOUZOMHpwRmZ4bktVWlRfWFl1dzhDaXBlQXNySUFITHFNa1ZhLWZWeWNfLUxOemNERFVWWFUwQXNQU2JTMUljX3lrVk9LczNXZW5IQUZyYzNPbHc5X0xtSUpHU2hwaU51NWI1YV9aeG5YVXc3dzBpcFdkZTV6UFRWb0FYS242X0pidXpOYlZIM2tIbWNQbnNaOEZxeUdlMkl4Rldoc1VBei13?oc=5) · FOX Sports

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62573 (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/45.json (key "62573", 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=62573
- 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