# PENNSYLVANIA STATE EMPLOYEES
HARRISBURG, PA · NCUA charter 64131 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/pennsylvania-state-employees-64131

Who the members are: state charter, organized 1933. 546,072 members of 3,507,523 potential (15.6% of the field); checking penetration 65% (share draft accounts per 100 members); loans per 100 members 68.

**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 | $9.62B |
| Members | 546,072 (-8.7% YoY) |
| Full-time staff | 846 |
| Net worth | $1.09B |
| Net worth ratio | 11.3% (p62 of band) |
| ROA (annualized) | 1.78% (p98 of band) |
| Total delinquency | 0.77% (p66 of band) |
| Net charge-offs (annualized) | 0.85% (p79 of band) |
| Loans / shares | 82% (p36 of band) |
| Cash / assets | 7.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.84% (p84 of band) |
| Operating expense / assets | 2.34% (p14 of band) |
| Vehicles % of loans | 38% (p74 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 73% |
| Third-party paper % of net worth | 191% (p66 of band) |
| Vehicle delinquency | 0.40% (p27 of band) |
| Vehicle NCO | 0.95% (p49 of band) |
| Repossessed % of vehicle book | 0.09% (p57 of band) |
| Real estate % of loans | 43% |
| Credit cards % of loans | 11% |
| Unsecured % of loans | 16% |
| Commercial % of net worth | 5% |
| Core shares % of member funds | 40% |
| Certificates % of member funds | 25% |
| Average share balance | $6,388 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $167.7M |
| Loans outstanding per 100 members | 68% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $18,747 |
| Loans granted, annualized | $2.56B |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $167.7M outstanding purchased (15.4% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 5.2% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | charge-offs p90, 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  | charge-offs p90 |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | net worth falling |  |
| 2017-06 | 1 |  | net worth falling |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | net worth falling |  |
| 2018-06 | 1 |  | net worth falling |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | net worth falling |  |
| 2019-06 | 1 |  | net worth falling |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | net worth falling, margin squeeze |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 4 | thin capital, net worth falling |  |
| 2021-06 | 1 |  | margin squeeze, thin capital, net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 3 | delinquency rising, charge-offs p90 |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 4 | delinquency 2x band |  |
| 2023-06 | 3 |  | delinquency 2x band |
| 2023-09 | 3 |  |  |
| 2023-12 | 2 |  | delinquency rising |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 3 | net worth falling |  |
| 2025-06 | 2 | members leaving | charge-offs p90, net worth falling |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |

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

- 2026-08-03 [Credit union opens branch in Dauphin County mixed-use development - PennLive.com](https://news.google.com/rss/articles/CBMisgFBVV95cUxQUmFCTlZXMWpZOVVHVFB5cEtQS2ZfcDRLRGtjX1c3UFMyWWltcUh0V3Z1YmJSdldjNE9LY0JZU2d0WGNIOFdOS1lQc0dYOGZVWDRvaUlXckp5TXVjZEc0ZVhaLXVWNDJfZXRDc3ZaQklJQ0hZZzAxVG5FS0J2NlpSTXpPYUVDQ2I5WVdqbDB1eEVXTmxYQ29TZVFGSHJjVDFTNFpnZzI0WmdOdlFJbGQ2eEZn?oc=5) · PennLive.com
- 2025-10-13 [Credit union building branch on busy Dauphin County road - PennLive.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxNU2tmNnQ2ZzB6LTc4Z1kyUDMwR3BoWEVUalJxdmxScHlEZU9vUVRvWmxIaldOakdaSXZyUDJJMFBpNmUwdGdpWEwyeEtwbk9SNUZSTGlyOGYzN0VmWk5UTmd6N0JLQ3NvbDhQcGFoUHRFN0xYbXd0czBtb09kOGRUT2c1ZXpCYkxMSG1jMVYwSHRKbXdPSGltYW9CNThyelp5MVlrR21n?oc=5) · PennLive.com
- 2024-10-08 [Best Banks and Credit Unions in Pennsylvania for 2025 - money.com](https://news.google.com/rss/articles/CBMibEFVX3lxTFBxM2d0M2xrRkRSd01xMkFXM3lHMW8wNkhkd0lqTnl1R3VsSjZ1dUhyUGc1MV9kNXJiUGQwa2FpOFk5NlVkbXdsTkRwdUU3aUt1TGtEa1phRm5sUExwNFphU3ljbXJUaTk2aEZqTA?oc=5) · money.com
- 2023-08-30 [Pa. colleges make millions from alumni credit card deals - WHYY](https://news.google.com/rss/articles/CBMimAFBVV95cUxPaV9ZeVNYckZVOWRhOWpDLU1tTnhhdHB4YXZGM3BaM3RRZWlYbVIybGViLTYtSFh1WWhIT1VJQUM1WFJPQVZNMGRZUnh3WGtlX2tQd3A1SjVsTlVPVVhGaDI0ZWJGUjdEdFhjUEdUU0VERkJ5ZVBWSGlnU2dleXZNeTlweWJvX3VrWlNWNlFOcWZBT1JtSFNUTQ?oc=5) · WHYY
- 2016-09-12 [PSECU issues scam alert to members - fox43.com](https://news.google.com/rss/articles/CBMitAFBVV95cUxQTW5TcGZRV3l6cHVlMHdCRkh5b3VSTmpvZWFCcjBRTmdkXzk5NzIyaGVDTlROOU1KX3BFb3FsUl81dVVLMDhEV3BrdDcxMGZqelhEajVrTTJ4RHNHdFdDV0NtNm5LZGRQYjFfRXdIMWJISHVHelFVbDF1ZUU2OFVBWk82Z2NrUjQzMWxJZ182d282UUJJLVRlSDY0YU5hRXBfaGsxOVBZVkNtcFRsOHlFbU85ajc?oc=5) · fox43.com
- 2026-02-16 [27 more charged in central Pa. bank fraud conspiracy that led to $5 million in losses - PennLive.com](https://news.google.com/rss/articles/CBMixgFBVV95cUxQMDhPRWZUQTZETnhCd3ZKRzZFWmFBN1MxWmpuWWcwS0ptNmxZU0JHUkZteFZHOEY5eUU3MzAzTVRGYUl3SzIyMXQ0eVg2VjRPVlhxQnBWTXlTVHhaUS0yamlBZG1NaHVVZjkzQXhTNnVBbUh2QmpWM3lHODJ0LTM5bjl0VG92cVF1dkF4STNXQnhyT05fV0tPOFdBbVNIT3FYc2VmMnBOdThXa1I1Wm5ndXNmbkg5SkVRVUhVNnRzaERaVDdxVFE?oc=5) · PennLive.com
- 2020-01-18 [Wheeler-Shearer engagement - The Herald-Mail](https://news.google.com/rss/articles/CBMimwFBVV95cUxOTFYzQjVfakxfeU5DYkRDdEZmWXlXNXJJcUxfUDZDZzlDRzJDVFA0R1lKNjU1WFhIanlVYVNNRHQyUnktbWdma1VuSHVvYkhkX1N6bjQ4dVdBdGhadEhnX2kxb2xNT3VIZkRHcEx1RkVCaXJjX05oMUdueEUxVEJRcGN3aTZheTF1ZXpTS2pyX0xHWjN1a0txRG1OQQ?oc=5) · The Herald-Mail
- 2025-05-15 [Credit union moves branch from one side of central Pa. river to the other - PennLive.com](https://news.google.com/rss/articles/CBMiswFBVV95cUxPYzNWaTlPRUxRLXVjeGh0WVYwTHlUbVdKWnQ0MzFsbTVQN2JnMWhqaGZKdFd1Yi01bDJCeXRHVVB2bUM2Z1hCUDlMc052X2llNm9VOC1aVk90SDB0WjNQN1RGZl9xZ3pwWXBmZ05SQUxvMDJuZTZ4Sm9NUnRDLWd6WmFnVEVoREJBcTc0LURfZU8tdEI2UkJvSG9VV0VjZEVvb1FLWmVjVXpaUnI2Q196N2xhRQ?oc=5) · PennLive.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64131 (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/3.json (key "64131", 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=64131
- 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