# RAILROAD EMPLOYEES
Belen, NM · NCUA charter 62841 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/railroad-employees-62841

Who the members are: state charter, organized 1955, low-income designated, minority depository institution. 3,660 members of 127,750 potential (2.9% of the field); checking penetration 50% (share draft accounts per 100 members); loans per 100 members 73.

**Verdict on the desk:** this could be *auto monoline*. 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 | $79.5M |
| Members | 3,660 (2.5% YoY) |
| Full-time staff | 11 |
| Net worth | $8.4M |
| Net worth ratio | 10.6% (p27 of band) |
| ROA (annualized) | 1.39% (p82 of band) |
| Total delinquency | 0.72% (p56 of band) |
| Net charge-offs (annualized) | 0.49% (p70 of band) |
| Loans / shares | 69% (p64 of band) |
| Cash / assets | 8.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.42% (p36 of band) |
| Operating expense / assets | 2.38% (p11 of band) |
| Vehicles % of loans | 69% (p88 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.92% (p67 of band) |
| Vehicle NCO | 0.60% (p70 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 13% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 2% |
| Core shares % of member funds | 41% |
| Certificates % of member funds | 48% |
| Average share balance | $10,897 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 73% |
| Loans granted per 100 members, annualized | 24% |
| Average loan balance | $17,988 |
| Loans granted, annualized | $20.7M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | delinquency rising |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 0 |  | delinquency rising |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | net worth falling |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 0 |  | net worth falling |
| 2019-09 | 0 |  |  |
| 2019-12 | 2 | net worth falling, repo signal |  |
| 2020-03 | 1 |  | repo signal |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 2 | margin squeeze |  |
| 2021-03 | 3 | delinquency rising |  |
| 2021-06 | 2 |  | net worth falling |
| 2021-09 | 0 |  | margin squeeze, delinquency rising |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | auto monoline |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 3 | net worth falling, delinquency rising |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | delinquency rising |
| 2023-06 | 3 | delinquency rising |  |
| 2023-09 | 3 | losing money | delinquency rising |
| 2023-12 | 2 |  | net worth falling |
| 2024-03 | 1 |  | losing money |
| 2024-06 | 1 |  |  |
| 2024-09 | 2 | delinquency rising |  |
| 2024-12 | 2 | net worth falling | delinquency rising |
| 2025-03 | 3 | delinquency rising |  |
| 2025-06 | 1 |  | net worth falling, delinquency rising |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | delinquency rising |  |

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

- 2026-09-09 [OMNICOMMANDER Launches New Website for Newly Rebranded Switch Federal Credit Union - EIN News](https://news.google.com/rss/articles/CBMiwgFBVV95cUxOWmpMX1BEQmdRM3NoaThwWkExOGRVZzRtalJ2cmxTak9pZzNKWU5waFNHMWI3bEEyaTFxM2RKQkw1MDlBOW1RcXpEQ3VKZ1dtcUttbGYydDhQeFlqTDV1VzhKYXMteXEwdVo1cnVHS1Nqbmk4azRISDEtdl8wWVhNdU1pSW5KaVJZWWhjaXhOMXl3NDlHLUJXZV95SVFfUmxaR1BNX251NDBSRmY0Ulc5VUtHTmhyVnJTYV9HTjJNaENNdw?oc=5) · EIN News
- 2024-09-23 [Google Wallet now supports 47 more US banks (and one new service) - androidpolice.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxPNlpuR1J6Q2JwOXFsMExVdW1KWXhaUk1CTXVpdk1vMndxbjBJNWw2TzEza1NPV2FDdE1KU3gwdEdIWjJYUWpQZzZpcXdYaThzZnhaXy1ZYUpINjZaTjhCb001aE9taVdtMklUMkZZVlB3WkFDOUUxNFdudncxX0NfaVNFZk5jR1I0VmlMZE1ka2JoQy1sYXlN?oc=5) · androidpolice.com
- 2022-01-04 [Wesley Glenn Damron Obituary Jan 4, 2022 - Wilks Funeral Homes](https://news.google.com/rss/articles/CBMickFVX3lxTE5pS1FDVVhLczJxSDNLVmdKTWp3MGg3cmdHS2pTV3FUY3RQdlFyVUI2UmhnTFEyV3I1VkY1bk1VckV2M01jUll0ODJ4U29MUmNya0ktY2xqZjhNLUt2YndZVFpqYTJkNDRBV2szMEJxOFVkZw?oc=5) · Wilks Funeral Homes

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62841 (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/57.json (key "62841", 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=62841
- 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