# WESTERRA
Denver, CO · NCUA charter 65788 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/westerra-65788

Who the members are: state charter, organized 1934, low-income designated. 96,647 members of 3,200,000 potential (3.0% of the field); checking penetration 69% (share draft accounts per 100 members); loans per 100 members 55.

**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 | $2.05B |
| Members | 96,647 (-14.2% YoY) |
| Full-time staff | 300 |
| Net worth | $209.5M |
| Net worth ratio | 10.2% (p38 of band) |
| ROA (annualized) | 0.42% (p24 of band) |
| Total delinquency | 1.71% (p96 of band) |
| Net charge-offs (annualized) | 0.47% (p46 of band) |
| Loans / shares | 83% (p40 of band) |
| Cash / assets | 3.9% |
| Borrowings / assets | 6.11% |
| Net interest margin | 3.22% (p44 of band) |
| Operating expense / assets | 3.46% (p64 of band) |
| Vehicles % of loans | 12% (p15 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 89% |
| Third-party paper % of net worth | 84% (p35 of band) |
| Vehicle delinquency | 1.42% (p89 of band) |
| Vehicle NCO | 3.55% (p97 of band) |
| Repossessed % of vehicle book | 0.04% (p37 of band) |
| Real estate % of loans | 47% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 242% |
| Core shares % of member funds | 36% |
| Certificates % of member funds | 26% |
| Average share balance | $7,678 |
| Participations bought / yr | $0 |
| Participations sold / yr | $201.0M |
| Participations outstanding | $147.6M |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $26,481 |
| Loans granted, annualized | $373.1M |

## Participation posture (from the same filings)

Bought $0 and sold $201.0M in the latest annualized quarter; $147.6M outstanding purchased (70.4% of net worth), $43.9M sold and retained. Sold in 7 and bought in 0 of the last 8 quarters. Shares 0.6% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 3 | delinquency rising |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 1 |  | net worth falling, delinquency rising |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | loan book shrinking |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | net worth falling |  |
| 2020-06 | 4 | margin squeeze |  |
| 2020-09 | 3 |  | loan book shrinking |
| 2020-12 | 3 | members leaving | 3rd-party paper>100% NW |
| 2021-03 | 3 |  |  |
| 2021-06 | 2 |  | margin squeeze |
| 2021-09 | 1 |  | members leaving |
| 2021-12 | 3 | losing money, delinquency rising |  |
| 2022-03 | 2 |  | delinquency rising |
| 2022-06 | 1 |  | net worth falling |
| 2022-09 | 1 |  |  |
| 2022-12 | 4 | thin capital, leaning on borrowings, 3rd-party paper>100% NW |  |
| 2023-03 | 2 |  | losing money, thin capital |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 | members leaving | 3rd-party paper>100% NW |
| 2024-03 | 2 |  |  |
| 2024-06 | 3 | 3rd-party paper>100% NW |  |
| 2024-09 | 2 |  | members leaving |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 1 |  | 3rd-party paper>100% NW |
| 2025-09 | 1 |  |  |
| 2025-12 | 4 | delinquency 2x band, delinquency rising, 3rd-party paper>100% NW |  |
| 2026-03 | 5 | assets shrinking, members leaving | 3rd-party paper>100% NW |

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

- 2026-03-09 [Westerra Credit Union secures multiple accolades - CUInsight](https://news.google.com/rss/articles/CBMikwFBVV95cUxOYWg3VFp2LThpaGxUVFZsYzFDQnNOaGk4QzJtSXB1Q1h2dWk0UEswUzZhc1dzV3RGclBybW1sTFFla3NtRWdJTXQtM3phU3VWd2tnLTBnQ01NNTVlRW5zYVhsSEZIQTd5REtmUkN6T2E1VWwyV3JCZUR1cWRuSUlzVzVURUtOT3dmenZJT2tLdW95Z00?oc=5) · CUInsight
- 2026-07-28 [Bridging the Gap This Back-To-School Season: Westerra Credit Union Unveils Educator-Focused Initiatives - citybiz](https://news.google.com/rss/articles/CBMi2AFBVV95cUxNYkxyRVYySERxY2k2Z2NyS3FqUXBBQjhOTFdqaWExbmxVcm1vVXZCYmlQbzlSQXdhYjAtRmRjMlNuTlJnTmhONFJjUUVYaGl2RUZaNzRBM201ZGJxNHI1SjNrSGMtbGNyWDlrSFUzMUplek0xeUdDcmZJQ3lpMHFZendERGpnSDZQWmhSZ2lxdnZObl96aFFUcm0yWUNoWmZmeTBNQXJrMW9xMGx3MjNnNzhYQ1J5NkZzVm1GdjU1ZzBDSGhQOXVPSmtXQkFjdkRubHlwaHVxNUw?oc=5) · citybiz
- 2025-12-08 [Marquis Software Solutions Under Investigation for Data Breach of Over 780,000 Financial Records - Schubert Jonckheer & Kolbe](https://news.google.com/rss/articles/CBMickFVX3lxTE1vZVQ4bU5jSFVZOGJmZmVqbDJWLXBOcHcxWUZISVE3djVZZVM4ZHFaRTdFTk9vMGptMU5fY2NjMmNRRlRSX1BHVEJ6VjdDeHlSNEZIeTNYU2VoYVRaaDZqT2otMUJvaEROYWx3OWdlQmdIZw?oc=5) · Schubert Jonckheer & Kolbe
- 2025-11-25 [Making spirits and classrooms bright: Westerra Credit Union relaunches “Deck the Hallways” supporting Colorado schools - CUInsight](https://news.google.com/rss/articles/CBMi7AFBVV95cUxQLVl1Z1F2SzdIZi1HNVB6eENSNVZISDZCeWRKbW8ydEpzbDBpdWJnMVVkRTJMb3I1RGIzYXc4ZXVzcDBwNzh0bWtoaHZLNnhWNGs1aHgzc083emFWTHgyYWE0clZiamtHeEw5SFRNbVNTbVR0LWZaZy1LVFRacTRjTTZUYV9Nb1RiR2lSQTJKYkdCM01uUkU1OFRrZDlHX1BuZXJyd3cxWkk5NE16UGtCU2xqcndZNkVZQ2RwaThfU3prVzhUSUU5b0ZZSTgwMGtrMnNoRHlmcVI1U2l1M3FUVjIzYWxfSHhuckk0Rg?oc=5) · CUInsight
- 2025-10-22 [Federal workers look for benefits as over 1 million prepare to miss paycheck on Friday - Denver7](https://news.google.com/rss/articles/CBMixAFBVV95cUxPNkZoN29KUTdCZ0cyaU5Fa0RNdzI3ZUVwMVFJckdTYjB6MWtKZmU0cjBoazNBejdRcEozQkktRXMwYm9Da3I1ckEwNkZTaVJQSHBvVE5tSWRmX0gzamE2U3dsa0czUVRaMVVkYzBHVXBWVGZJRkl2cnE4VldIU1JDUTlMOE5hVms0T2JrS2E2TWQyZEVwSk5rYU11b0RBMlROYUp5ZVE4LUJ0U28zaTZPUTYyZ3FBZU80RGpMQ3BlVi1WM1pI?oc=5) · Denver7
- 2012-04-13 [Credit-union pay jumps for top execs - The Denver Post](https://news.google.com/rss/articles/CBMigwFBVV95cUxOMWJkWTBFamM4MlB1dnpiOENJZnk1RU5ra0F5NXN2VXM1d0YzM0JMODBZaTB5NDZHY0hPUFVpV3I3SE5zb2dHZm9WeVVBUTVVcmZJSGNBY0FuMFdjYzdzNnA3Ujk4RXBuekJMc0tSUE9sOWxRdUd3bXZCQ3F0YW5fZFpJdw?oc=5) · The Denver Post
- 2025-01-27 [Westerra Credit Union Appoints Anneliese Elrod COO and Kirk Leverington SVP - citybiz](https://news.google.com/rss/articles/CBMitAFBVV95cUxQMEhMaDFuVnNERjBvZDdxYkV0SmY0bnF1TU45RGZiai02TlctWW9leU00OUtUQ3U1TkZJaUlhbzhqUkIxdVNUTTUteVVySFdMbUVKb0MzMWQ3RmstLWFCVHpDakdLUzFvbjVaZUsyUHVmZDdMYUFydWhiTlBHVm1rakpQcndCN2hGZ1I5M2FZdjE2NXJsUUU5WXRxeDZsTlpZbkFuV0RUMUNEUWJGUllJODc5VWk?oc=5) · citybiz
- 2013-06-18 [Gonzales sentenced for theft - Colorado Community Media](https://news.google.com/rss/articles/CBMitgFBVV95cUxNWllpb1BVd2JPWEVCOVVEZGJGbHRvTUpfaVdHd0dfQmdJNFdoc1FueFdzN3RnMF9PY2VKQ2ZLVHd4T1FHamNTR2dVa2J1cVZxVTFycUYxMDNMLVRqTkJGWkhCenF6cUFnMmVpMkoyeWY0MnhHc1IyUWJNaVZpTjc4NzNXbmZ2Y3dseHVKSXVZOFBXSjB5UUQ3TVFyQ2lwbEpaT2xwQWdtWXk0N0JFa1ZpcGxON0Q1QQ?oc=5) · Colorado Community Media

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65788 (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/60.json (key "65788", 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=65788
- 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