# BOEING EMPLOYEES
TUKWILA, WA · NCUA charter 62604 · asset band >$10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/boeing-employees-62604

Who the members are: state charter, organized 1935. 1,575,792 members of 12,072,811 potential (13.1% of the field); checking penetration 89% (share draft accounts per 100 members); loans per 100 members 48.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $30.01B |
| Members | 1,575,792 (3.0% YoY) |
| Full-time staff | 3340 |
| Net worth | $3.67B |
| Net worth ratio | 12.2% (p83 of band) |
| ROA (annualized) | 0.43% (p17 of band) |
| Total delinquency | 0.41% (p17 of band) |
| Net charge-offs (annualized) | 0.73% (p50 of band) |
| Loans / shares | 77% (p25 of band) |
| Cash / assets | 8.8% |
| Borrowings / assets | 0.74% |
| Net interest margin | 3.72% (p88 of band) |
| Operating expense / assets | 3.39% (p92 of band) |
| Vehicles % of loans | 13% (p29 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 77% |
| Third-party paper % of net worth | 82% (p42 of band) |
| Vehicle delinquency | 0.36% (p17 of band) |
| Vehicle NCO | 0.95% (p33 of band) |
| Repossessed % of vehicle book | 0.05% (p33 of band) |
| Real estate % of loans | 57% |
| Credit cards % of loans | 8% |
| Unsecured % of loans | 13% |
| Commercial % of net worth | 82% |
| Core shares % of member funds | 61% |
| Certificates % of member funds | 11% |
| Average share balance | $7,619 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.09B |
| Loans outstanding per 100 members | 48% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $26,767 |
| Loans granted, annualized | $5.74B |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.09B outstanding purchased (29.6% of net worth), $170.3M sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares 2.2% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **expense trap** (`earn_opex`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | net worth falling |  |
| 2017-03 | 2 | 3rd-party paper>100% NW |  |
| 2017-06 | 1 |  | net worth falling |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | leaning on borrowings |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 4 | losing money, margin squeeze |  |
| 2020-06 | 3 | net worth falling | 3rd-party paper>100% NW, losing money |
| 2020-09 | 3 |  |  |
| 2020-12 | 2 |  | leaning on borrowings |
| 2021-03 | 2 | loan book shrinking | margin squeeze |
| 2021-06 | 1 |  | net worth falling |
| 2021-09 | 0 |  | loan book shrinking |
| 2021-12 | 1 | net worth falling |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 | losing money | net worth falling |
| 2022-09 | 0 |  | losing money |
| 2022-12 | 1 | assets shrinking |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 2 | leaning on borrowings, 3rd-party paper>100% NW | assets shrinking |
| 2023-09 | 2 |  |  |
| 2023-12 | 4 | net worth falling, delinquency rising |  |
| 2024-03 | 2 |  | net worth falling, delinquency rising |
| 2024-06 | 2 |  |  |
| 2024-09 | 3 | delinquency rising |  |
| 2024-12 | 2 |  | leaning on borrowings |
| 2025-03 | 1 |  | 3rd-party paper>100% NW |
| 2025-06 | 1 | expense trap | delinquency rising |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | net worth falling |  |

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

- 2026-05-29 [New BECU Locations Expand Member Access - BECU](https://news.google.com/rss/articles/CBMic0FVX3lxTE4wdUppbldlTW9YX0h4cDVoZVlMcVQxQ3NqX0U4a0oxaTZSMFd4RFFJYUMwS1JsRU1lUjRNXzREcFpkTk00ZkNuV1VBODc1aWRPbEY2ZHFVdXRncmE2SjlvZ3JXUUlBT0tpQWNVb2FBemdfbHc?oc=5) · BECU
- 2025-11-18 [BECU and SAFE Credit Union To Combine - BECU](https://news.google.com/rss/articles/CBMicEFVX3lxTE5HTFVKZXV6OTJrOWVROW82TXJMeGVhZThTTDhmX3ptYmlHLUNUd0tmVnhaZmYwSFdoNlBHampRVjhybU5hNUkwWEVuSVJJM1o3akZhdkhMMk9GZTZJTmdTUDBUSVlFY0gzSmcwamZNY28?oc=5) · BECU
- 2026-08-24 [Budget-Friendly Vacation Ideas in Washington State - BECU](https://news.google.com/rss/articles/CBMiggFBVV95cUxQd0p6NVlmMGFQME5sMUd0SHVjdVpLQ1djN1lHSVZZZ1U1XzROdUk4Ym5mR1FTd2NyZXBLRVREV3lISE00a2xEVHBObHFmTldiMGhqNjVMS2Q4NnUybUFDS0d5Y0F6Y3lMTm83ZndkQzJVTGZxSVhaazcyUng0ZElLSU53?oc=5) · BECU
- 2026-05-05 [The 10 Largest Credit Unions In The U.S. - Bankrate](https://news.google.com/rss/articles/CBMidEFVX3lxTFA4ZGZEYmpOV1llV1R3VDk5T1pYcURFb01HcEc0VTQ2RlFfajJfa1UtMi1HRGN6ZDFsaXUzcEVsaDlKZDE5NW9YTkgyWU82V3lWT25sYi1SOXlNSWhlT0p0N1JLbzFKaWJRc2N5dHozMndDbVI0?oc=5) · Bankrate
- 2026-06-29 [20 Largest Credit Unions in America | Banking Advice | U.S. News - U.S. News & World Report](https://news.google.com/rss/articles/CBMigAFBVV95cUxPTGo3NzJqcExQdW1NT240R08xaGVXT1pFZHBGS29RSG9UaUJQaWkxV3RrbEZheE5jWjRlUmp0am5oQ3V6SFh6U2lIQ2NvaWtKTnhsNko2TU0zYXRhWUFEb0ZBUWFJUkxYWlQ4eVBTWHFmNjZkbW1QOXg1VnBDbExpWA?oc=5) · U.S. News & World Report
- 2025-11-10 [Budget-Friendly Holiday Fun in Washington - BECU](https://news.google.com/rss/articles/CBMidkFVX3lxTE56dWJfNFUtNS1mcmJHWDFmVkN0NEFFVHRybldvYS0yMU1hZG40QUFHWktMYzF2cXJ0Nkwtd1cyUVlQZE5KOTZEVWh1V1ZLVmF2a3NPcHY3VFNfUFI2SFBKY1Y5LUFhMUI1WHMySWl6MXdwUWFFNUE?oc=5) · BECU
- 2025-03-28 [BECU Opens New Financial Center in Tacoma - BECU](https://news.google.com/rss/articles/CBMidkFVX3lxTFBWSUF4LVg1SnJKU2RUdDNUVVdmbEcxbjZnZHI0V29EM09JS2Y1N0Z5YWVfLVB0UnU0dF82WUVRcDNVOTFEdDJIZE55WFZtak1TQzhYejNOUDRHU21rUzlvYjRJd2l1TVZEcUtOSUNWNkRKM1ctZ3c?oc=5) · BECU
- 2019-02-04 [BECU Opens Covington Neighborhood Financial Center - BECU](https://news.google.com/rss/articles/CBMihgFBVV95cUxQbjlpemZXa3VZb1laY1NHUDgzYXI3WVUtMWN0N3BJTUE2TWtWNnlub210V2xqNk8zTkdQcVZrRVR1OURtb0R3c1VjWWNjY3Z6amFwOFJrTTFUdzVuWnlJWFp0d0hrRWZZRVdJYTFLZC10aUl1ZDYwcmlSeUNoUWJVT3BYVE1Zdw?oc=5) · BECU

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62604 (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/12.json (key "62604", 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=62604
- 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