# TELCO PLUS
LONGVIEW, TX · NCUA charter 66351 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/telco-plus-66351

Who the members are: state charter, organized 1951, low-income designated. 9,168 members of 570,075 potential (1.6% of the field); checking penetration 51% (share draft accounts per 100 members); loans per 100 members 74.

**Verdict on the desk:** this could be *stressed*. Composite score 9 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $129.4M |
| Members | 9,168 (3.6% YoY) |
| Full-time staff | 44 |
| Net worth | $11.5M |
| Net worth ratio | 8.9% (p12 of band) |
| ROA (annualized) | -1.09% (p2 of band) |
| Total delinquency | 0.40% (p32 of band) |
| Net charge-offs (annualized) | 1.40% (p94 of band) |
| Loans / shares | 96% (p97 of band) |
| Cash / assets | 10.7% |
| Borrowings / assets | 5.41% |
| Net interest margin | 3.79% (p58 of band) |
| Operating expense / assets | 4.20% (p69 of band) |
| Vehicles % of loans | 50% (p71 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 39% |
| Third-party paper % of net worth | 221% (p88 of band) |
| Vehicle delinquency | 0.46% (p43 of band) |
| Vehicle NCO | 3.49% (p97 of band) |
| Repossessed % of vehicle book | 1.11% (p98 of band) |
| Real estate % of loans | 40% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 42% |
| Certificates % of member funds | 34% |
| Average share balance | $6,647 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $3.8M |
| Loans outstanding per 100 members | 74% |
| Loans granted per 100 members, annualized | 18% |
| Average loan balance | $15,509 |
| Loans granted, annualized | $19.8M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $3.8M outstanding purchased (32.8% of net worth), $0 sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares -7.3% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **charge-offs p90** (`aq_nco_high`)
- **repo signal** (`aq_repo`)
- **assets shrinking** (`shrink_assets`)
- **loans>95% of shares** (`str_ltos`)
- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | losing money |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 | repo signal | losing money |
| 2017-03 | 1 | members leaving | repo signal |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 | delinquency rising | members leaving |
| 2019-03 | 3 | assets shrinking, auto monoline |  |
| 2019-06 | 2 |  | assets shrinking |
| 2019-09 | 1 |  | delinquency rising |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 2 | net worth falling |  |
| 2020-09 | 2 | delinquency rising | net worth falling |
| 2020-12 | 2 | margin squeeze | delinquency rising |
| 2021-03 | 5 | net worth falling, delinquency 2x band, delinquency rising, repo signal | auto monoline |
| 2021-06 | 0 |  | margin squeeze, net worth falling, delinquency 2x band, delinquency rising, repo signal |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 3 | net worth falling, delinquency rising, loans>95% of shares |  |
| 2022-09 | 6 | delinquency 2x band, repo signal, leaning on borrowings |  |
| 2022-12 | 6 | 3rd-party paper>100% NW | repo signal |
| 2023-03 | 4 |  | loans>95% of shares, leaning on borrowings |
| 2023-06 | 5 | repo signal, loans>95% of shares | net worth falling |
| 2023-09 | 4 |  | loans>95% of shares |
| 2023-12 | 4 | loans>95% of shares | delinquency rising |
| 2024-03 | 4 | losing money | loans>95% of shares |
| 2024-06 | 5 | loans>95% of shares |  |
| 2024-09 | 5 |  |  |
| 2024-12 | 6 | members leaving, leaning on borrowings | losing money |
| 2025-03 | 7 | net worth falling, losing money, charge-offs p90 | delinquency 2x band, loans>95% of shares |
| 2025-06 | 5 |  | members leaving, net worth falling |
| 2025-09 | 7 | delinquency 2x band, loans>95% of shares |  |
| 2025-12 | 8 | thin capital, net worth falling | delinquency 2x band |
| 2026-03 | 9 | assets shrinking |  |

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

- 2022-03-19 [Telco Plus Credit Union announces selection of new President/CEO - CUInsight](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQdy1Udm44aHFjb1Y2enRkMFRGZUdOaXA4dFlxenZlTzRvV2NMNnpKQkU1ZGp5di13a3ZBR2hUV3ltbVpBV3dRX0h6eEttemhZbUkySWRWTUQxSnRQVUl6d25FSXNLNVlTZ3JpOEtnVVVhS1lKdk1nZ3VxYjRwWFlpZmVBOUdmWXY3N3MzVktSQVBwNzhMekcyZmRxZWtDOEdkelp3Qy1DZlk?oc=5) · CUInsight
- 2020-08-26 [As CEO retires, Telco Plus CU names new leadership - American Banker](https://news.google.com/rss/articles/CBMimAFBVV95cUxOWGVnZzBnLVRFeTFacUpyOXd5ODlPRE91NzU2NGgyN2U2Nnduc1otRHpYbGl0Vi1YOFc0ZldINm1nYm52eC1pSVBicWJ4RW9DTW5DU1gtMnY4RmZ0YmVCSkpuRnBQWUtlMzJ5RWZBSG1faUwyOHRMSGN4U2hEczdjaGc0dGwzWE5peWQxSzFGYWlDSnRwdFI1Tg?oc=5) · American Banker
- 2006-06-28 [Four Arrested For Alleged Credit Union Robbery - KLTV.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxPQjdiZllHQWJqdWpaZHZ4LVdTRkp1LWVDbHVwb00xSUU1SWEzWTFFdkx2YUZHN04tSXdOcnIzaENHZjJsT3I1b2FvSGdUeHlXVDBmcjFBSUkwdHVPZm1PY2oyNEFsUjI1THNLRGRhRnhUUEhBZXpFRy1fc3ZGSnh2X29sbmpmbTc1WHfSAZwBQVVfeXFMTjlpRzdSdllKa3IxcEh1MVJsTW44cGhSc3JWLWV6U1Nob0NCUmNtS295cXExQ0xtSF9USzZ1dUktZVJkbktVQ2NuMjZmMktVcWVaSl94dUVnRWRSTW0zSVBXWDd6RHVINUpGRVUxS0FzSW83NzRmVHBmRE9zODNZRVNsdTZFcDlSaWpQdS04NlNKMzFSX1BfN1oxakxX?oc=5) · KLTV.com
- 2025-07-26 [Judgments: July 13-19, 2025 - Longview News-Journal](https://news.google.com/rss/articles/CBMib0FVX3lxTE1qQkl3ZWFlOHBMWHNKVnQxVUEyb3VkSFhCNDRPS1J1cXFUdzFWeUdwRjZTa25qZHRsekJQY0praG5KcVR6SVJaandOcWwxSzJVMy0yRU05TXNGT1pNd2NMN0V4d1NrcTlxS2FGMExKZw?oc=5) · Longview News-Journal
- 2022-05-15 [Class of 2022 graduates earn over $4M in scholarships - Longview ISD](https://news.google.com/rss/articles/CBMiVkFVX3lxTE8ycVRzYTI4SGwzM1k0RVprclYxMlVUMTNJMG03UXFhTzlJOVRfMUY3VTRiZWJWNmduTnNOT0x4czlVcDQ2aG8wQUlvUVlKbzdkUnFSVk53?oc=5) · Longview ISD
- 2012-03-31 [Mother of accused bank robber: 'I raised her better than that' - KSLA](https://news.google.com/rss/articles/CBMihAFBVV95cUxQeEcwbWZmNDNJSVR1bmQ1Wi1iVlNQa3FBbmZkeWlreklDQ3Ryb2VDa0FnWWxoR1N5akQtUjJuMGtHYnc0TF9OVXh5N0RYdlFpeDFScExqZm4zY0JaaVZRbXR6eDZ6Y3V5MlU1d1J0anRvOUZpd2NXQXVRWk9iX2RKNG9seHDSAZcBQVVfeXFMTy0wVnBZS3hKd3NNQzFvbU9ENGsyaFQza0FRbUo5RkRHUGd4eXRiRVhzY2VaUnZXNGVtZHA5UUR3MnJyOElHbEI1TDZmRTdFYURBOGY1cGQ2d1hrSEt2RFdOeHB2N1VkZDgzWU45aUJmZ2FrMU92Q2huV2xtMHc3SHQ0b3RRM0NVSklFQnllVUVHVlVUUDllMA?oc=5) · KSLA
- 2015-09-01 [Family of man killed by Longview police officer: 'He loved everybody' - KLTV.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxPbURvZHlXU181MWl5dGFQMFgwOVZYU1RYcTF5MHBZOGlQTXZfaWpTRDlPelFrcnVBWjNIc2JaWTZpT3NLQ3ZZZldqZTdTQnp6OU1WOWU4SmJDYlJCTC11TmdhOThCTXdHQlhXZVllbjZQQkZnSzF3QkU1dVd4Zm83MnNKTXhoOWs1RW9SMUozWWp2ZjlVNmpkeVBYQzdxNlRnNmdPZ3Zn0gG4AUFVX3lxTE5ETmRkbzI4M3VNVWY1MTFWeVg3eDRDWEZKcTdCeWc1cHRnckhUTEpPdWxmNmZzQjktZDVtX3FsZ2ZDaFAtMVk1LUJtcXF3QkY1eVo0cGx4eDQ2elB4RFhEQW0zc3RuYnlBeE8zclVjM0pZWWxkS3NtVTBFRHBqMVctcHJ6ZXdqaXdUYmF4eUh5Ty1XeXl1ZS0wRnpKaXZjck00Vlp3WVpNamZoNlpqdW9mTFFPOFBmS3A?oc=5) · KLTV.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66351 (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/47.json (key "66351", 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=66351
- 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