# ELECTRO SAVINGS
Saint Louis, MO · NCUA charter 62590 · asset band $100-200M · latest filing 2024-12 · stopped filing after 2024-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/electro-savings-62590

Who the members are: state charter, organized 1941. 20,500 members of 390,000 potential (5.3% of the field); checking penetration 54% (share draft accounts per 100 members); loans per 100 members 354.

**Verdict on the desk:** this could be *stressed*. Composite score 10 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $192.9M |
| Members | 20,500 (-2.5% YoY) |
| Full-time staff | 56 |
| Net worth | $10.7M |
| Net worth ratio | 5.5% (p0 of band) |
| ROA (annualized) | -1.02% (p2 of band) |
| Total delinquency | 2.28% (p94 of band) |
| Net charge-offs (annualized) | 1.87% (p97 of band) |
| Loans / shares | 81% (p67 of band) |
| Cash / assets | 11.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.47% (p50 of band) |
| Operating expense / assets | 5.39% (p94 of band) |
| Vehicles % of loans | 42% (p58 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 52% |
| Third-party paper % of net worth | 366% (p97 of band) |
| Vehicle delinquency | 3.29% (p95 of band) |
| Vehicle NCO | 4.35% (p99 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 46% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 50% |
| Core shares % of member funds | 54% |
| Certificates % of member funds | 22% |
| Average share balance | $4,589 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 354% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $2,030 |
| Loans granted, annualized | $18.3M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | expense trap, delinquency 2x band, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 |  | expense trap |
| 2016-09 | 4 | net worth falling |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 5 | margin squeeze |  |
| 2017-06 | 4 |  | margin squeeze |
| 2017-09 | 4 | members leaving | net worth falling |
| 2017-12 | 3 |  | delinquency 2x band |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 | net worth falling | members leaving |
| 2018-09 | 2 |  | net worth falling |
| 2018-12 | 3 | members leaving |  |
| 2019-03 | 3 | net worth falling | members leaving |
| 2019-06 | 2 |  | net worth falling |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 | net worth falling | auto monoline |
| 2020-06 | 4 | thin capital, delinquency rising |  |
| 2020-09 | 2 |  | net worth falling, delinquency rising |
| 2020-12 | 2 |  |  |
| 2021-03 | 5 | net worth falling, delinquency 2x band, charge-offs p90 |  |
| 2021-06 | 4 |  | delinquency 2x band |
| 2021-09 | 3 |  | net worth falling |
| 2021-12 | 5 | delinquency 2x band, delinquency rising |  |
| 2022-03 | 9 | net worth falling, losing money, expense trap, assets shrinking |  |
| 2022-06 | 7 |  | charge-offs p90, net worth falling |
| 2022-09 | 9 | loans>95% of shares, leaning on borrowings |  |
| 2022-12 | 11 | charge-offs p90, repo signal |  |
| 2023-03 | 9 |  | expense trap, loans>95% of shares |
| 2023-06 | 11 | capital below 7%, net worth falling, expense trap | 3rd-party paper>100% NW, leaning on borrowings |
| 2023-09 | 11 | loan book shrinking, 3rd-party paper>100% NW | delinquency rising, net worth falling |
| 2023-12 | 13 | margin squeeze, members leaving |  |
| 2024-03 | 12 | net worth falling | repo signal, margin squeeze |
| 2024-06 | 10 |  | loan book shrinking, members leaving |
| 2024-09 | 10 | members leaving | expense trap |
| 2024-12 | 10 | expense trap | members leaving |

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

- 2025-01-07 [$198M St. Louis-area credit union merges into Kansas City-based outfit - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOaGY3VEVJU1F4SGZacERfc3Y4c0U0SGxpcEFFMGRCRWsybFZTaWNTTXc2VDI4bHB3MU1PQUJHcUsxLWNpQWF6WURtcEc1bVNaQkllZ3RjZmNHY1dMdUxhZFR3WFFZUzZqcWRNbUgzNmF5YUdyU2dRX3d1REtFZjZjczNtTm9ES2FHM2hsTS1nM1pQelUtU0I0X2ZFN2ZLRFhWWXh6YWtwN3ZidjA?oc=5) · The Business Journals
- 2025-04-03 [Sponsored: CommunityAmerica Credit Union | Deep Roots. New Branches. - KSDK](https://news.google.com/rss/articles/CBMiswJBVV95cUxQTFRCYnNoLWhZZklzNlc5a0doQmRMTHRObk5qMks4VkpLbGgwVjRuRG1wUWo5c1RoMTNkcVBET2l0ZHJPY0piUU5pR1hoTWZrOWdqOUtIeUV2b3RWNDFwNnZJM2pwNC14MXFTQkV5Y3FaYUxLdE5adFBlSFNMcmN6S201aERJajZYcmtHa2FiaUNmWkdwbmQtOHhFUk9xbWpHSnZaVkZrWk9sX1J5YlhxYThveEFSWGV2VVdOS2RJYVFTNlZxS3pPT0pZU251X3lNTDJrV1ZRZklELWM2R25adjNNbTVLN0xENF9rbm9XSjl4bGhlbUlIU0t3U2hIcm45T0hlaWF1aHU3ZkFsc19hZVhUMUxIM3ZIbTJoS2tQbmFoREY2R19oR0VJYXhmR1Zid3VB?oc=5) · KSDK
- 2025-08-25 [Marilyn Ann Shaffer Obituary Aug 25, 2025 - Baue Funeral Homes](https://news.google.com/rss/articles/CBMiW0FVX3lxTE1pTUhTUmJXQWptNW5FUHNlZTFHOXdGaEhjUERLZ082STdjQkVnVGwtT2luNC1SZ1hKMnk2ZGFsR0k1c2JfRlVjZEx6di1KRGN2anF1OVk5SWlBVTQ?oc=5) · Baue Funeral Homes
- 2025-09-23 [Credit union with big St. Louis presence to merge with Texas-based financial firm - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxPNFVBTklWVVdELVg4TGh6enBxbFNqemRhT2RLODdMMzZwWFJDUXRTVHEzUDg1anl3ZUZjQnNNUVVFeDZPcjdNbkJEMFlDeDJRN21zczZJejZibGhGaVJNLU5aUjA4aWVHeUpHRWhWUU5TMUJaNEZNY08tQVl2Z2pKVHdiQ3hiWDRrYmJKc2M5c3lkeDZiQ0FnTGRhLXB1OWs0NFRVNUJR?oc=5) · The Business Journals
- 2023-11-09 [Man who dressed up as a woman to rob banks in Jefferson County sentenced to 25 years - KMOV](https://news.google.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?oc=5) · KMOV
- 2023-11-13 [Man sentenced to 25 years in prison for robbing banks, shooting at deputies - Leader Publications](https://news.google.com/rss/articles/CBMi3gFBVV95cUxNRTZMdkhaS3RzM3JMdXp5b0F2eVgzZ0ZDWk1mZlFaaTlWMkwwV2lQbWVjSl80clY0WU1VR2ZHay1aXzdVTklkaEZLOXROdTVBaS0xdmljSnhHVW0yTUkyZlFQTFZzWVpTMHVXeUtROGg1X2ZjeGh5amh0WDB6NGlYQ2l4dElJaWh2VzhjNVlXYU9HU2ZtMFBUbTVMajZVUTVGT0RsWGVsbjFRQTc5ZFQ2R0dZY2NKX2JISk94NUIzdVhYMFdvZ2NfQ1VsZTV6blFIWlh0NXRjYjFPYXJoN1E?oc=5) · Leader Publications
- 2022-08-06 [Red Rocks Credit Union GAP insurance refunds $394K class action settlement - Top Class Actions](https://news.google.com/rss/articles/CBMi2AFBVV95cUxQcGo2N0s1VGRrVlZpdnZGNE5IUGpRdEtmMmw3eW4yT2Fid0lhc0xUdlp6RDRxTXg2TTNqcHA4VjZhcWxJdEpiWS1DM2NQYlh5cjJpc3VnOHNNSV9PemVqNm1SQUpvNzYyLTdkdVh5SVdDS2tTTW0zb1hkenJUR3pGOTZmS3RQdEVKTFZrTXloLVZsR1dleWtvY2RTa25RVlFINThEQlV3MHVnOEFCdFhyb2k1SmhvVk1ibFNKM1UydExvLWc2MWZRemx6QzYxOGRzVUJkSXpjc1I?oc=5) · Top Class Actions
- 2025-11-07 [Big credit union completes merger, adds $3.5B in assets - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxQTHFTZWZvN3o2cGJrQ3BERDY2clpSYjhmTzhtY2R5TkIzZFFiLWFqVHpVNmMwZ2FpTHpoMXZ3QlhrSk1Ua2NNc3ZoVTNMMzdHdnRBOVFqUEVMQURjSkpyWVdQMDBCeHdMbDdWYWRFZ09qaGVuUm1yc3dSa2RnMFdMalhPU1haSUxQTlpKSGtxTF82UXpZTEZFemRHSWttN2ZISHcySg?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62590 (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 "62590", 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=62590
- 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