# GALVESTON GOVERNMENT EMPLOYEES
Dickinson, TX · NCUA charter 67427 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/galveston-government-employees-67427

Who the members are: state charter, organized 1933, low-income designated. 1,742 members of 1,842 potential (94.6% of the field); checking penetration 33% (share draft accounts per 100 members); loans per 100 members 15.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $6.9M |
| Members | 1,742 (-4.1% YoY) |
| Full-time staff | 2 |
| Net worth | $717,330 |
| Net worth ratio | 10.3% (p18 of band) |
| ROA (annualized) | -0.74% (p12 of band) |
| Total delinquency | 3.71% (p90 of band) |
| Net charge-offs (annualized) | -0.01% (p20 of band) |
| Loans / shares | 71% (p69 of band) |
| Cash / assets | 35.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.51% (p74 of band) |
| Operating expense / assets | 5.89% (p88 of band) |
| Vehicles % of loans | 89% (p95 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 3.44% (p89 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 | 5% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 82% |
| Certificates % of member funds | 17% |
| Average share balance | $4,125 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 15% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $16,886 |
| Loans granted, annualized | $732,376 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, losing money, expense trap |  |
| 2016-06 | 2 |  | losing money |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 8 | capital below 7%, losing money, margin squeeze, delinquency rising, members leaving |  |
| 2017-06 | 5 |  | capital below 7%, delinquency rising |
| 2017-09 | 6 | capital below 7% | members leaving |
| 2017-12 | 6 | loans>95% of shares, auto monoline | capital below 7% |
| 2018-03 | 4 | assets shrinking | losing money, margin squeeze, loans>95% of shares |
| 2018-06 | 3 |  | assets shrinking |
| 2018-09 | 5 | assets shrinking, loans>95% of shares |  |
| 2018-12 | 4 |  | assets shrinking |
| 2019-03 | 5 | net worth falling |  |
| 2019-06 | 4 |  | expense trap |
| 2019-09 | 3 |  | net worth falling |
| 2019-12 | 3 | delinquency rising | loans>95% of shares |
| 2020-03 | 5 | expense trap, members leaving |  |
| 2020-06 | 5 | loan book shrinking | delinquency rising |
| 2020-09 | 4 | margin squeeze | members leaving, loan book shrinking |
| 2020-12 | 4 | members leaving | margin squeeze |
| 2021-03 | 3 |  | members leaving |
| 2021-06 | 4 | delinquency rising |  |
| 2021-09 | 6 | repo signal, loan book shrinking |  |
| 2021-12 | 6 | delinquency 2x band | repo signal |
| 2022-03 | 6 | margin squeeze | delinquency rising |
| 2022-06 | 5 | delinquency rising, members leaving | loan book shrinking, delinquency 2x band, margin squeeze |
| 2022-09 | 6 | delinquency 2x band, assets shrinking | thin capital |
| 2022-12 | 3 |  | delinquency rising, delinquency 2x band, assets shrinking |
| 2023-03 | 3 | assets shrinking | expense trap |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 |  | assets shrinking |
| 2023-12 | 4 | repo signal, assets shrinking |  |
| 2024-03 | 5 | losing money, delinquency rising | assets shrinking |
| 2024-06 | 5 | net worth falling, delinquency 2x band | members leaving, losing money |
| 2024-09 | 4 |  | net worth falling |
| 2024-12 | 3 | members leaving | delinquency rising, delinquency 2x band |
| 2025-03 | 5 | delinquency 2x band, delinquency rising |  |
| 2025-06 | 7 | losing money, assets shrinking, loan book shrinking | repo signal |
| 2025-09 | 6 |  | losing money |
| 2025-12 | 6 |  |  |
| 2026-03 | 7 | losing money |  |

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

- 2026-03-31 [NCUA Bans Former Credit Union Employees Who Stole More Than $600,000 - CUTimes](https://news.google.com/rss/articles/CBMipAFBVV95cUxNN3E4Z1lwYjRJQzduNm1FSlpoMnVRYWVLMDhKbWNvTE9FbTdQQ05iMHV2SlVKTnVKLU4zdWJsdW84Zy13LVA5bzg3Z0JvZ2tyb0lnZUFVSFdBdnhRSkFFclpKT3VPbVNkU0w2VTFVeFl1ZERzLVFsdDlIb1hQVmpLUVZoV3ZtcUVaYnRIdVJqVmU4WmRnbXNkSGVHellibjYyekFPWA?oc=5) · CUTimes
- 2025-12-12 [Former credit union employee gets deferred adjudication - galvnews.com](https://news.google.com/rss/articles/CBMi0AFBVV95cUxPNklZWkRKVnNjOWdtcWZZU0EwZFVndFF2dkQtY19CX0NCUFBJS0VESnBUZ0tjS0ZFOE5Bd0RKVDFLWnI3Z3p2dFM5WDhPRkttR0VLVzQ4ZDRjSUdiUmtnX284enJfMmNGdUN0VWVUQXVKa1ZiQUtqZmFmOV9YQTJmUnBSTS1FejlXWVlxTnVuNmVQaWFWYVlOT21xZm1yWHpwTnJ0aXNNTWxCbWc1Y2VMRGhUdVE3b2dSem54MFU2MFRQV2R3YjE1TVV2MTh6c3N6?oc=5) · galvnews.com
- 2025-01-13 [La Marque police investigating Galveston Government Employees Credit Union burglary, offering up to $10K reward for information - ABC13 Houston](https://news.google.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?oc=5) · ABC13 Houston
- 2025-12-22 [Former Texas CU Employee Gets 10-Year Deferred Adjudication for $300K Theft - CUTimes](https://news.google.com/rss/articles/CBMirwFBVV95cUxQRDZ1ZnJpLWM1Y1hRR0ZIc2ZVYzhjYk1FVXhQSVBfUEwySjJCVWMwMU9PakM5ZGVxV3JKNVM0Z05oVjZDakpOWk5JNFB3dm4xMmlxYmtINnJBRDcxT19NYzZIVFdKd1Z3aVMzd2VJSUt1YmdfQ1lXZmU4Q2c2Mk9mYVFvYVA5Y2hkeF9lVDlsZVpNOC1WV1BoT0NSYlFRX1dEOUF4MUo3SldlQl81SmZR?oc=5) · CUTimes
- 2026-04-08 [Federal regulators bar former La Marque credit union employee from banking industry - galvnews.com](https://news.google.com/rss/articles/CBMi9gFBVV95cUxNa2xtQlc1SzZJaWtoUnBmRVozdmV0Y0RIckl6QzdCUWcwaEFWMlNnaVBpRkV1VGZadnhZU3d3SXRRZ3hoUDRCX2Z1TlA2LWM1ajdrYmNZY0FITFZkQmFkTVVIUW11S096LUsyWUVTUjRJamJzcWk1dUFsMVBvd0NJeG9mVFhQSjZENlBxOWl0WmttbC13ZU9iNU1LLV9SUlJOMmV5Z2pCY18xOElvenRLN3E1VE1najM3b3RTRGx0UFNBV1p1R0c1RFBpYnZITi1tdF81eDUzb2ZIdHJJSmVTLWJhcFRHcDBVSXM2MkVLYjVIRUVZSWc?oc=5) · galvnews.com
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity
- 2026-08-22 [Sante Fe woman stole from the aged and the dead, police allege - galvnews.com](https://news.google.com/rss/articles/CBMi6AFBVV95cUxQai1fdU5fZkNHZzNKSGRsWTVXVWxodXd2V3pDbjZHQlN0ams4NjExbUJRZVVVSUpJdzE1M0JXNElPRXRuSFUwRDlaZG4tTnVsYXRyY0FUX2Nta002eUxLcTM5UUhpVUQyQW9Jd0FuXzhPVF9hb1FXVlVCQTYzOThEOF9ULTFHMnFBMDkwbzNPZ1NhQ28yUFhFNEdWVnZmRkhldkFVMkprOU1SSFo0Z1JVeGw2cDNINkE3Z04yWWR1WUMxbHFvVW9Jcm12RDA5TzhWWUY4UnRscmlUWFhpdlZVTkdtM2tNcnJh?oc=5) · galvnews.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67427 (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/35.json (key "67427", 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=67427
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide