# GOVERNMENTAL EMPLOYEES
La Crosse, WI · NCUA charter 66529 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/governmental-employees-66529

Who the members are: state charter, organized 1931. 6,759 members of 37,175 potential (18.2% of the field); checking penetration 49% (share draft accounts per 100 members); loans per 100 members 76.

**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 | $119.3M |
| Members | 6,759 (2.4% YoY) |
| Full-time staff | 16 |
| Net worth | $11.3M |
| Net worth ratio | 9.4% (p20 of band) |
| ROA (annualized) | 0.72% (p52 of band) |
| Total delinquency | 0.59% (p48 of band) |
| Net charge-offs (annualized) | 0.34% (p50 of band) |
| Loans / shares | 92% (p93 of band) |
| Cash / assets | 11.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.23% (p25 of band) |
| Operating expense / assets | 2.65% (p18 of band) |
| Vehicles % of loans | 37% (p50 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 55% |
| Third-party paper % of net worth | 215% (p87 of band) |
| Vehicle delinquency | 1.01% (p71 of band) |
| Vehicle NCO | 0.76% (p64 of band) |
| Repossessed % of vehicle book | 0.01% (p64 of band) |
| Real estate % of loans | 51% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 1% |
| Core shares % of member funds | 42% |
| Certificates % of member funds | 33% |
| Average share balance | $7,426 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 76% |
| Loans granted per 100 members, annualized | 29% |
| Average loan balance | $19,025 |
| Loans granted, annualized | $60.9M |

## 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 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | 3rd-party paper>100% NW |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | net worth falling |  |
| 2017-09 | 1 |  | net worth falling |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 3 | net worth falling, members leaving |  |
| 2018-09 | 3 | loans>95% of shares | net worth falling |
| 2018-12 | 3 |  |  |
| 2019-03 | 1 |  | members leaving, loans>95% of shares |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | loans>95% of shares |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 3 | net worth falling |  |
| 2020-09 | 3 | thin capital | loans>95% of shares |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 2 |  | net worth falling |
| 2021-09 | 2 |  |  |
| 2021-12 | 1 |  | thin capital |
| 2022-03 | 4 | delinquency 2x band, delinquency rising, assets shrinking |  |
| 2022-06 | 2 | loans>95% of shares | delinquency 2x band, delinquency rising, assets shrinking |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 3 | delinquency rising |  |
| 2023-12 | 3 | net worth falling | loans>95% of shares |
| 2024-03 | 4 | thin capital |  |
| 2024-06 | 3 |  | net worth falling |
| 2024-09 | 2 |  | thin capital |
| 2024-12 | 1 |  | delinquency rising |
| 2025-03 | 2 | delinquency rising |  |
| 2025-06 | 1 |  | delinquency rising |
| 2025-09 | 2 | delinquency rising |  |
| 2025-12 | 1 |  | delinquency rising |
| 2026-03 | 2 | net worth falling |  |

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

- 2024-09-30 [Wisconsin announces $50M in low-interest home repair loans - WPR](https://news.google.com/rss/articles/CBMihwFBVV95cUxNbW1BMGtjVXlTX1NEckZNR081OXd6SzFVckpHTXhCbENwUEdrN1RkOEpNR3J3VEJPb0psbDNJQUh2MFp5UnpMVHFGckpsSFVJWnNYMEtCS3A0dVZsN2tQak52Ui1UT04xOGozcTZzMFNWNC1WNjlES1NfdnVCZHE4d0hCZ2tGdWs?oc=5) · WPR
- 2024-07-13 [Susan Baker Obituary (1947 - 2024) - Onalaska, WI - La Crosse Tribune - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxOZEdOZmhKZW84TTRnX284eGFUdE12MEd0MTRlV1hTcG5NTXBsanFuM2EwMkY1VFdfUWRKTHhJVU5vVEpTNTJvUnlwV1BHbHBLS2tvY3ZIdzJEZHdkU2dLZTRGcTNyTmtISDNtNXlnbkEyTldYdklOV2FQTDlmeG1SQk9jQjdKOEpjVlZ1MzBzaXRRSjFK?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66529 (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/33.json (key "66529", 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=66529
- 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