# UNITED
Mexico, MO · NCUA charter 63597 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/united-63597

Who the members are: state charter, organized 1935, low-income designated. 37,487 members of 489,659 potential (7.7% of the field); checking penetration 59% (share draft accounts per 100 members); loans per 100 members 351.

**Verdict on the desk:** this could be *participation buyer*. 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 | $303.7M |
| Members | 37,487 (33.1% YoY) |
| Full-time staff | 95 |
| Net worth | $44.7M |
| Net worth ratio | 14.7% (p88 of band) |
| ROA (annualized) | 0.92% (p67 of band) |
| Total delinquency | 0.42% (p32 of band) |
| Net charge-offs (annualized) | 0.61% (p72 of band) |
| Loans / shares | 71% (p45 of band) |
| Cash / assets | 23.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.40% (p91 of band) |
| Operating expense / assets | 5.59% (p98 of band) |
| Vehicles % of loans | 50% (p80 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 40% |
| Third-party paper % of net worth | 141% (p70 of band) |
| Vehicle delinquency | 0.33% (p30 of band) |
| Vehicle NCO | 0.75% (p57 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 22% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 15% |
| Core shares % of member funds | 76% |
| Certificates % of member funds | 15% |
| Average share balance | $4,250 |
| Participations bought / yr | $9.7M |
| Participations sold / yr | $1.2M |
| Participations outstanding | $26.2M |
| Loans outstanding per 100 members | 351% |
| Loans granted per 100 members, annualized | 134% |
| Average loan balance | $1,387 |
| Loans granted, annualized | $66.0M |

## Participation posture (from the same filings)

Bought $9.7M and sold $1.2M in the latest annualized quarter; $26.2M outstanding purchased (58.5% of net worth), $34,326 sold and retained. Sold in 8 and bought in 8 of the last 8 quarters. Shares 0.8% year over year.

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## 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 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 3 | net worth falling, expense trap, margin squeeze |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 | net worth falling | expense trap |
| 2021-06 | 1 | expense trap | margin squeeze, net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 0 |  | expense trap |
| 2022-03 | 3 | net worth falling, expense trap, 3rd-party paper>100% NW |  |
| 2022-06 | 3 | delinquency rising | net worth falling |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 | charge-offs p90 | delinquency rising |
| 2023-06 | 3 | delinquency rising | charge-offs p90 |
| 2023-09 | 3 | loans>95% of shares | delinquency rising |
| 2023-12 | 3 | delinquency rising | loans>95% of shares |
| 2024-03 | 4 | charge-offs p90 |  |
| 2024-06 | 5 | assets shrinking, loan book shrinking | charge-offs p90 |
| 2024-09 | 4 |  | assets shrinking |
| 2024-12 | 3 |  | delinquency rising |
| 2025-03 | 3 | net worth falling | loan book shrinking |
| 2025-06 | 3 |  |  |
| 2025-09 | 3 | margin squeeze | net worth falling |
| 2025-12 | 2 |  | margin squeeze |
| 2026-03 | 2 |  |  |

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

- 2025-12-31 [ALLIANCE Credit Union merger effective January 1 - KLBK | KAMC | EverythingLubbock.com](https://news.google.com/rss/articles/CBMioAFBVV95cUxPSm5UNXhIaUU5WDBjSU5KM0N4OGVlbEhYNmNuN1laRS1zWUlkdy0wUFpnaVZfOVV3Q0h3WndVcDZoOFRMQjJOc2h3QkFYa3FlUVljaEUwdE1nSDd2TndYSmFyRWhNWUxuZGI3U183SmYzSGFRVUxQUU5EY1lreGY4VURBampWRVc4ZEtPSDBmU1I3T3VyZzBZa2xDaTd5OHJG0gGmAUFVX3lxTE1oMkd6TWdrOXV6bGhfU1hFREhHRTdMYjZUX0Y2Ukw1TWVrTjI0czFpRkptdmVacjl5RG9UN1VjUGVIVmZDNnNjaVNXaHpORVVhc3ZoQUgzTk1ydnNXczZwR3EwanFmRmN6YkVwMHIzU3BRZVQyVmh6dWVSVlRxTFI2bUlmSVRoYmVTdU1PdGdEUDRmWjg0TUJHaTNsZS04MWUtNWRhM3c?oc=5) · KLBK | KAMC | EverythingLubbock.com
- 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
- 2025-12-22 [Charles Lewis Roach Obituary (2025) - Columbia, MO - Bach-Yager Funeral Chapel - Columbia - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxPOGNBV2kxcy0tR2QySmtEQkR5T1dRV25JWUoweVVkZW5rQkJVbjZSQXdZWHY2eElRWU9EWTBObEFwWl9pbkJiXzhhX2x4cGdiT1dXcEhBWHJEWE92TUx1TTJhWnctUTNaV3V1bUJpZmlrN0liWkw4YmYtemwyS1ppZ19B?oc=5) · legacy.com
- 2025-10-07 [Regional Banks, CUs: 3 Proven Strategies to Drive Growth - Resourceful Finance Pro](https://news.google.com/rss/articles/CBMifEFVX3lxTFAxR0V1c1lIRy1GXzQtSGNTNk9EM3N6NjM2M3FzT0p2b2hTUDc2aEw2NVR2Z0lUaDBUYXRTckJsanRGWXdsenQ1SnU3SEw3bldSSWhEcmNqLWdMMVNIM3R1Sks5a2FoZy0xTkpoUkVOaVJISDFDd01PR3IzM3I?oc=5) · Resourceful Finance Pro
- 2020-12-29 [United Consumers Credit Union names insider as president - American Banker](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOTEVYVDBsSkY5OHRnTDYtTlpJbmY1VHh1dVZhYVBOREZKQkdtV0pINHNRU3dTZmZrTTZsc1ZkZjhSdm1FSU56Zm1UTmJxa2FMbWZ5Qi1DMkk2a0thNDRrLUY5MHVoSFQyaWllNHFlN3E5cklwUy1rX1ZIb2g5amdVR09xRlNta0k1WTRkMTg5dS0yejVITVE5QkxTY3N0X2tTTFVFUVNmOXc?oc=5) · American Banker
- 2024-09-20 [United Credit Union Donates Former Garfield School Building To C2C The Tyronn Lue Initiative - KXEO](https://news.google.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?oc=5) · KXEO
- 2024-12-31 [36 Black-Owned Banks and Credit Unions, Sorted by State - businessinsider.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxQR2dKWjVxQ3RoR1BRQi0xZG5sYWowMmFaaF9xWUxVTkZiYlMtTGlTcGgtcGxCZldrMHd2VEQzOWFDNjFUMFVtM1lkNHFEc1gzYU1zMWdVTm1NNk1UWlpESUdBalRXZ3ZMSlNkX0x0ZHB4cVcybF9TN1R0b1NxZVh4TEhReEJ1SVg2dU5TY0tpTnhIdw?oc=5) · businessinsider.com
- 2025-07-07 [Merger creates new $125M credit union with expanded metro network - KCTV](https://news.google.com/rss/articles/CBMinwFBVV95cUxPMGpGalBBN3kzdkppWVg4dUFBTHk0TmNIRXExX0szLVBYRmVUVldralF1UVZWM1N3QmdXaE1IazZCTkhvbDNFbmxiNlhxRG5DQ2g4MzhDWFRxcXlrbjNyS0pjY2tDN0pSTnVLSl9aUmNvcUVOYVVPcWlDMnR2bEQ3VEVJTl9wN3Z0V1NJeEJCa2MwcjJQc0NGYkZGYVQyU0nSAbMBQVVfeXFMTXFFVGRseVVyYS12dS03V2ZwOGtnVlB3bG5oQkdsN2RrbXhjQzRldzVRYl9fN3JkOGxLWWY1Y1k0UDJNSS0zXzlKdUhGTjVLVkY0Wl9CTTVCdkNrRlZ1WUsxXzdtR3N1MWpMbXpKVDVVUTlaZktVSXRIOF9WMnhKSEdsbUxWaTlsdVY2SVkxQ0JIN1NPWEZ0ZkNFSFNBeG9QaGlaUkI2MjM0Ql9YcTFBNmdGTms?oc=5) · KCTV

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=63597 (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 "63597", 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=63597
- 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