# TRUWEST
Scottsdale, AZ · NCUA charter 63832 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/truwest-63832

Who the members are: state charter, organized 1952. 90,529 members of 47,244,130 potential (0.2% of the field); checking penetration 57% (share draft accounts per 100 members); loans per 100 members 56.

**Verdict on the desk:** this could be *indirect 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 | $1.72B |
| Members | 90,529 (0.4% YoY) |
| Full-time staff | 266 |
| Net worth | $185.3M |
| Net worth ratio | 10.8% (p53 of band) |
| ROA (annualized) | 0.54% (p34 of band) |
| Total delinquency | 0.52% (p40 of band) |
| Net charge-offs (annualized) | 0.75% (p72 of band) |
| Loans / shares | 88% (p55 of band) |
| Cash / assets | 9.5% |
| Borrowings / assets | 1.17% |
| Net interest margin | 3.85% (p84 of band) |
| Operating expense / assets | 3.51% (p66 of band) |
| Vehicles % of loans | 36% (p70 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 95% |
| Third-party paper % of net worth | 361% (p92 of band) |
| Vehicle delinquency | 0.73% (p62 of band) |
| Vehicle NCO | 2.28% (p89 of band) |
| Repossessed % of vehicle book | 0.12% (p65 of band) |
| Real estate % of loans | 56% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 2% |
| Commercial % of net worth | 40% |
| Core shares % of member funds | 46% |
| Certificates % of member funds | 32% |
| Average share balance | $8,683 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $37.6M |
| Loans outstanding per 100 members | 56% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $26,338 |
| Loans granted, annualized | $261.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $37.6M outstanding purchased (20.3% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 2.1% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | loans>95% of shares, 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  | loans>95% of shares |
| 2016-09 | 2 | loans>95% of shares |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | net worth falling |  |
| 2017-06 | 4 | expense trap |  |
| 2017-09 | 3 |  | net worth falling |
| 2017-12 | 3 |  |  |
| 2018-03 | 4 | net worth falling |  |
| 2018-06 | 4 |  |  |
| 2018-09 | 3 |  | net worth falling |
| 2018-12 | 2 |  | expense trap |
| 2019-03 | 2 | net worth falling | loans>95% of shares |
| 2019-06 | 2 | loans>95% of shares | net worth falling |
| 2019-09 | 4 | expense trap, delinquency rising |  |
| 2019-12 | 1 |  | loans>95% of shares, expense trap, delinquency rising |
| 2020-03 | 1 |  |  |
| 2020-06 | 4 | net worth falling, margin squeeze, delinquency rising |  |
| 2020-09 | 2 |  | net worth falling, delinquency rising |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | net worth falling |  |
| 2021-06 | 2 | members leaving | margin squeeze, net worth falling |
| 2021-09 | 1 |  | members leaving |
| 2021-12 | 3 | net worth falling, members leaving |  |
| 2022-03 | 3 |  |  |
| 2022-06 | 2 | delinquency rising | net worth falling, members leaving |
| 2022-09 | 1 |  | delinquency rising |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 2 | delinquency rising |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | net worth falling, leaning on borrowings | delinquency rising |
| 2024-03 | 3 | delinquency rising | net worth falling |
| 2024-06 | 3 |  |  |
| 2024-09 | 2 |  | delinquency rising |
| 2024-12 | 2 | assets shrinking | leaning on borrowings |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 1 |  | assets shrinking |
| 2026-03 | 2 | net worth falling |  |

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

- 2026-05-11 [TruWest® Credit Union celebrates New Member Days in May - CUInsight](https://news.google.com/rss/articles/CBMimwFBVV95cUxPb3ZWQS16NzZJSVgzUS1uMTkzMERScm1MaHg1UDc0NmRhWXN0NENKZVZlVTJQaEduQXJMWDEzMVk3RXhFdk52R0N2Z204QmhFSnlQdGpmZEFub290dWcxcU13Y0lnUmVDd0tNeGt5TllSRzdtSVdLMXhqU0Z1NXJ6RVdjOWdDeG9yWF9VZ0Mxa3hYY3ZQUlIwekNCdw?oc=5) · CUInsight
- 2026-06-10 [TruWest® Credit Union launches summer Auto Refinance Cash Back Campaign - CUInsight](https://news.google.com/rss/articles/CBMisAFBVV95cUxNOFJwc2diRGFhTnVYQlRwc2xlZkRtZElncllPNVg3NUQ4OGZqSGJ6Q3kzVE81SjZoUEVtZW9OOG5vMUVLUld4VU8zb05yeVdaSXJBZzlFaHZ5UnpNUHhnS0I3X09tbXBvMm9URGt5S3BOZW1zazJLZUlLMVQ0Y3Z1R1BmUDUxcXF5SnV1NzFENlBCZXRFUWNZeExnUGZRdm9XdFN2dmJNaEstSzd4SEdzTA?oc=5) · CUInsight
- 2025-09-30 [5 myths about credit unions - AZ Big Media](https://news.google.com/rss/articles/CBMibEFVX3lxTE13RlV2SEpSMVN0V2diQVFvaFVsTlF4YVVVb0pucVBUT3BwTWFlSVhJR2dfUGMwM0RXUzVfcWJUalIwbm5KalFTc0tuUk1lS3RiUFVxQnROaTFLckdRU19HZWtMSXFJY2ZaczA2Mg?oc=5) · AZ Big Media
- 2024-01-10 [TruWest Credit Union moves into new Tempe headquarters - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxONG5nUjJOZnlJM2stNmNEY2dCeG8xNG5yLUF6UzU1Ym5vcGJiU3YtTjVoZllGNjNLd0dvT0RhdVZiU0JvSy1VSUYwQU9Fa3BkcjJwS0d2TzRaT1EwYXdpM0NNd0syRG1yT0pwX0ljXzFyS0piT08yQURHQmxpNTNCRnZDcWZIQkZvSlBrU0Jtb1ZrMldGTVRQdTRCZFNnb2syQVl6aTE2U1J4WWM?oc=5) · The Business Journals
- 2025-07-27 [Most Influential Women of 2025: Jennifer Kimmell, TruWest Credit Union - AZ Big Media](https://news.google.com/rss/articles/CBMiowFBVV95cUxNdTk5MUhwVDdVeDlvTEc4azdvX0NoOXIyV0dZVFJWREtmX2lPeXA4dktWSnFzQ0gxTEtkR2ZyN1lDc2VJem5iNV83STlrTXhhWlV3cGJsSmJVR0tzN0NraXA0RDJGNXB6OEZFR1lhXzRDY3pLcUt0Y3o4TVZ5cnh2enlqenBCSzk4bmhIQU9DSkxFMGpHMWVBWVNubUx1YTI3OHVr?oc=5) · AZ Big Media
- 2024-10-01 [TruWest Credit Union names new CEO - The Business Journals](https://news.google.com/rss/articles/CBMilgFBVV95cUxNSTgwbEZkNjlnMkZNM0VpVkJsdVVqbl9JQUhSS0xUak5MdHF4d2VVNmFJZVNyeXlsTWxEWTY5VHV1bDk3RW43NWZZTGdFVGJKeWZQQ05meUR4RFFReENSTmZ0ZzYtN013eG0wQ1AyQzhYN2RneW9haW1uNWpZZHI1bmo1YzZUdURySEFIOWloX043QkNVdFE?oc=5) · The Business Journals
- 2025-07-24 [School supply drive will see 1,500 backpacks handed out - KTAR News 92.3 FM](https://news.google.com/rss/articles/CBMid0FVX3lxTE5mdEhFTGpDb2NMWk1tLWJrX2ZLbTVPSW1aeFF3Mkg2czNpODU2cnNiNlRpTHhQQnJsV1hkaXhBbkNxMDlGZHJEVmJweHpCWGFoQWtPOFI5ZzZoNEJxUGJJbXF1OHphOGZ4bDBkS2tGNjdxc1BpaG9R?oc=5) · KTAR News 92.3 FM
- 2026-07-23 [TruWest launches community celebration for I Love My Credit Union Day - CUInsight](https://news.google.com/rss/articles/CBMirwFBVV95cUxPY2kyNFdVYnFMT242QUVvdExKdHgzRlM4RG0zRWRSWWhEZ084a185UWIzMGxvUlAtV2dLdUdiZXpHNk04QlZBajZ0WkVrZkpJTnN5RUxUdWwwbmlMdDRvNnJmV2NwQllaRmRXSmhtY1NJb1pBN0dTel9qMTdRRHZtRnQ3MXF3SFVvYkZQLV9fck15UTU0endHeW1adk01SVZ0QTRrVFhZMDZfRnkzbm1r?oc=5) · CUInsight

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=63832 (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/24.json (key "63832", 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=63832
- 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