# S E C U
KEOKUK, IA · NCUA charter 64269 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/s-e-c-u-64269

Who the members are: state charter, organized 1963. 726 members of 741 potential (98.0% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 29.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.7M |
| Members | 726 (1.0% YoY) |
| Full-time staff | 1 |
| Net worth | $627,928 |
| Net worth ratio | 36.6% (p96 of band) |
| ROA (annualized) | 2.29% (p95 of band) |
| Total delinquency | 3.99% (p91 of band) |
| Net charge-offs (annualized) | 0.00% (p37 of band) |
| Loans / shares | 99% (p96 of band) |
| Cash / assets | 35.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.71% (p94 of band) |
| Operating expense / assets | 3.58% (p48 of band) |
| Vehicles % of loans | 90% (p97 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 4.11% (p92 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $1,241 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 29% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $5,065 |
| Loans granted, annualized | $551,020 |

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **loans>95% of shares** (`str_ltos`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | losing money, delinquency 2x band, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 4 | repo signal |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 4 | members leaving | losing money |
| 2017-06 | 4 |  |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 3 |  | repo signal |
| 2018-03 | 3 | assets shrinking | members leaving |
| 2018-06 | 2 |  | delinquency 2x band |
| 2018-09 | 2 |  |  |
| 2018-12 | 4 | loans>95% of shares, leaning on borrowings |  |
| 2019-03 | 4 | margin squeeze | assets shrinking |
| 2019-06 | 3 | net worth falling | loans>95% of shares, leaning on borrowings |
| 2019-09 | 6 | delinquency 2x band, delinquency rising, assets shrinking, loans>95% of shares | net worth falling |
| 2019-12 | 6 | repo signal | assets shrinking |
| 2020-03 | 4 | net worth falling, charge-offs p90 | margin squeeze, delinquency 2x band, loans>95% of shares, repo signal |
| 2020-06 | 7 | losing money, delinquency 2x band, members leaving |  |
| 2020-09 | 5 | loan book shrinking | delinquency rising, net worth falling, delinquency 2x band |
| 2020-12 | 6 | margin squeeze |  |
| 2021-03 | 5 | net worth falling | charge-offs p90, losing money |
| 2021-06 | 6 | delinquency 2x band |  |
| 2021-09 | 6 | delinquency rising | net worth falling |
| 2021-12 | 6 | losing money | members leaving |
| 2022-03 | 7 | net worth falling |  |
| 2022-06 | 5 |  | loan book shrinking, margin squeeze |
| 2022-09 | 4 | assets shrinking | delinquency rising, net worth falling |
| 2022-12 | 5 | loans>95% of shares |  |
| 2023-03 | 2 |  | delinquency 2x band, losing money, loans>95% of shares |
| 2023-06 | 2 |  |  |
| 2023-09 | 3 | loans>95% of shares |  |
| 2023-12 | 2 | delinquency 2x band | assets shrinking, loans>95% of shares |
| 2024-03 | 3 | delinquency rising |  |
| 2024-06 | 1 |  | delinquency 2x band, delinquency rising |
| 2024-09 | 2 | loan book shrinking |  |
| 2024-12 | 3 | assets shrinking, loans>95% of shares | loan book shrinking |
| 2025-03 | 2 |  | assets shrinking |
| 2025-06 | 4 | net worth falling, delinquency 2x band, delinquency rising | loans>95% of shares |
| 2025-09 | 3 |  | net worth falling |
| 2025-12 | 4 | loans>95% of shares |  |
| 2026-03 | 5 | assets shrinking |  |

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

- 2022-09-16 [Maryland Athletics Announces Sweeping Partnership with SECU Credit Union of Maryland - University of Maryland Athletics](https://news.google.com/rss/articles/CBMi1AFBVV95cUxObXB6dFg0STZlb0NFVkVPbHRQUnNiMS1mYXdNN1ppbXh3UllRN2Nnel9qRkp3SThfdTFual9MZTczZlNYejZfTzJEczBQWTY4SXZ6VGUyOFZoa1pGNy16SWNoX2RjaExKVk5WVkhRTGNSQ0RPNW1vT1IxRmhhWDJUb1lrNk13YlpONlJpOE52TGdhamt4UEx3ZmtIcDZKNjB4SGMzLUM0NnZwM1hUMHljbGZfb3BfNzFwZkVKWG9WQXJBRHpCZ2tIV2o1OHdBMHR3eDJ2cg?oc=5) · University of Maryland Athletics
- 2023-06-09 [SECU's smaller sibling delays spinoff, citing need for branches | Credit Union Journal - American Banker](https://news.google.com/rss/articles/CBMirwFBVV95cUxOU0d1bUJocS1xMnZyeXZlaXNSZXprMGpreC1uUGxwLWVNWk9XLTVqNllQS3RKT2NxbXNvS3ZMNEY1U2pOeTRLUDBFa05EZXhQbENZQnh1WkVGTEplSEtoN1ZSMUptQlNDaXBlUk5lU2FPVTNzbFA2eHctQWs5WDJzbFlSUXVXMFByZlNLbTg4R2RFVzdnUzF6NW0xRktlaWZHUm5wcnZOSjRITzNPSmJv?oc=5) · American Banker
- 2024-08-29 [SECU Grows Partnership With University Of Maryland, Unveils The Official Credit Card Of The Maryland Terrapins - University of Maryland Athletics](https://news.google.com/rss/articles/CBMiekFVX3lxTE9BUGtlQW9UUEhURFo3YnBrY3RjM3lacXpXMU5uMS1nbnFRWmp5RjZDNVFhS0JBdmpONnREOWZwMS0xbUFEWHFVTUR3TUtmcXZoa2NYN1VaTWpSRjZqX2ptUXZGR3UxUmgya2xOTzdxT1FVZV9ndWpuZmJB?oc=5) · University of Maryland Athletics
- 2025-11-11 [State Employees’ Credit Union kicks off toy drive - mydailyrecord.com](https://news.google.com/rss/articles/CBMizgFBVV95cUxNQWpzVVlaSFh4NTl6T0J0S25kMzc5MWhjVF91bFp0RFc5WFFwNnlXVFNySHhPdjZLRTNucy1RVzU0Q0g3dUl3VDVJbngzTUo1aUV3bGZOd2EyNGZOWGd5SW1ycEhvdGlxMzZZaHE1MTBxT2l1T1lMT3lFUVJtanU1Y2M4akZJcTc1X2JCYlN2clprUTc3czZVTU0zOXFRMXJKdk1DQTROZS1uQ2tiSVg3UmlVY1B3a3hsSGNjMHJKTWpoOTZERDNPZi1LVHZiQQ?oc=5) · mydailyrecord.com
- 2026-08-05 [Best Credit Union Bonus Promotions (September 2026) - Best Wallet Hacks](https://news.google.com/rss/articles/CBMia0FVX3lxTFA2QXB2VnhxSnB0eVBNTEc5LUphV2s2Z2FNVVJGVHJWWWZXeGJnUzFWQ0I3dlJjQnd4WDVUOFUzZVRVbGJlMkh6aVBqZWJ4MEpoM2NaZHFTVEhra0xJVkdpOE0zMnJjUFI3aFpr?oc=5) · Best Wallet Hacks
- 2024-10-01 [Last day for voting in SECU board elections amid TCA NSF fee investigation - Top Class Actions](https://news.google.com/rss/articles/CBMi2gFBVV95cUxNdEtIa21JeWRMblNGLXpzdGl3UDF5U2J4WWRMYUlzUGgwZWVQVHBCczdvY00xT1NtaW1SWEdrRFRnOFFSVmJLLV9lZkFwUkVlbU1rNVNXd3dQc0o2R1E1RGxPak1STHFBcFo4R3Q2YWp2ek1uQjhnUS14U1RXVUxkSlpxZFgwWHhvTUp0bnNaVWh6V0MyX3BOSjdDR2hoaXBBVVd5QWZXUDJ4MHlQQVBodXBULTdEcTg0OE9JaE5Ed3RNSF9rdEhLajFaeWdWdEplU2lYdDR0M2ZsQQ?oc=5) · Top Class Actions
- 2026-01-07 [The Ultimate Guide To NCAA College Football Team Field Sponsors - Zoomph](https://news.google.com/rss/articles/CBMic0FVX3lxTE1hb05WSFhEU0JLOXlhLUxqckhTbzlyajFld2JjUUx1bDZZaUQzUmVIZ09OTUw1NVREMUc3ZWQ3ckZSQ1lyazZzNjVrN243MDh2N3hCLXNhMGpMUDFWRkpQeVZHc1lHWmhLS2RQaXJ1R1BtY1U?oc=5) · Zoomph
- 2021-12-04 [State Employees Credit Union of North Carolina Included in Overdraft Fees Investigation - Top Class Actions](https://news.google.com/rss/articles/CBMi4gFBVV95cUxPeC02dEdaUVNDOGVfSVl4aUhqR1ZXVkdoMWxiMTh3VDBMREZkNEhNdFJMQlVLNXlSQ0hWbWxqenBla1V2dTBiR3pZTnk5WjlTSmNTZmtHelNMY2ZKbEw3ZzJyaHRIbzdwYWFBTjU5Yjk1bmJZOXFwcTUxVl9pdk9jRzJfM3lSXzBNSWl2THQxZjJEVWVrTjJqbFAxa2VUSmhRdUQ4MC1ZR2pJdjctaTFGWi02c3kyTXRvdUotUklPSFVlakZvSnVlZTN6TExyc1d0Z1ZRekFTdGtjQkxxdFZVWTR3?oc=5) · Top Class Actions

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64269 (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/13.json (key "64269", 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=64269
- 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