# ACU
Abilene, TX · NCUA charter 67446 · asset band <$50M · latest filing 2024-12 · stopped filing after 2024-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/acu-67446

Who the members are: state charter, organized 1954. 869 members of 3,000 potential (29.0% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 33.

**Verdict on the desk:** this could be *auto monoline*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $6.2M |
| Members | 869 (-1.4% YoY) |
| Full-time staff | 1 |
| Net worth | $1.3M |
| Net worth ratio | 21.3% (p80 of band) |
| ROA (annualized) | 0.06% (p22 of band) |
| Total delinquency | 1.61% (p71 of band) |
| Net charge-offs (annualized) | 0.29% (p58 of band) |
| Loans / shares | 72% (p64 of band) |
| Cash / assets | 43.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.01% (p24 of band) |
| Operating expense / assets | 2.77% (p28 of band) |
| Vehicles % of loans | 80% (p84 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.83% (p75 of band) |
| Vehicle NCO | 0.37% (p68 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 96% |
| Certificates % of member funds | 4% |
| Average share balance | $5,561 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 33% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $11,825 |
| Loans granted, annualized | $1.7M |

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

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

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

- 2026-04-27 [ACU of Texas changes name to Openland Credit Union - Community Impact](https://news.google.com/rss/articles/CBMingFBVV95cUxOaUhEM2dOVnNhUzd4aElpZnJyT0F1aVEwR3k4NEVRekJCN0djUUtFeXJ3MC0ySExOc1JQXzZ5MXlhZnFMUDhYa1RITWNSakZ4LTJIOGdaYmFERnVEb1RKXzN2NTluM3dxbHdRY2dXQkE0VmY5eUFiNU9ZMXlGVkRSVm80SExyNHVxZHVVcGlqdktsbGZtWFVMMFRvYm9nZw?oc=5) · Community Impact
- 2025-03-27 [ACU Credit Union merges with University Credit Union to increase financial services - acuoptimist.com](https://news.google.com/rss/articles/CBMitwFBVV95cUxQWDdtRDJJRHRiLXpJRnJab0hFWkJGdDBaR19hYTA4U2lmT1JNTnBKUXNHUG1kSHM2Rk91aE8yUTJGLUVaWFBLYmNmb2ZPSEhkck42eVJfS00xelJzdnFRWTNLemgwejBFNHBGdTFqR2Z6QktRNzlYSjQzaTlnSjk0aGUtX0hrWEJ4aUpIMUtUVWdxSEM1cjF1SGMxdXlUaURsZXFGUHd6RmxSWmxsclZtNFZLZG9XajQ?oc=5) · acuoptimist.com
- 2024-04-05 [Jack Click, CEO, announces retirement from Associated Credit Union of Texas - CUInsight](https://news.google.com/rss/articles/CBMitAFBVV95cUxNT3Y1bjEzaFJiWDNDblNzcDVleXVCVTdWbXZrY1dYbkJUZ2tieFgxaVdaWnhoMEFnY181Ulp2N0R3bnZLbExkS3NibHp1SFQ2ZFlmck1nRVg4bk5yLWRiSGVvMkItZXlieFlLZG1DaGNFd01IakJBLUNBaDY4YURoUm1SWld1TU42NUhGMGg0emFtZDU1cXlGdk9CcnRjcmZ0aWV6NUd4TG1yREVMSXZmaXFuVjE?oc=5) · CUInsight
- 2025-03-04 [University Credit Union and Abilene Christian University Credit Union Unite to Strengthen Financial Services for the ACU Community - PR Newswire](https://news.google.com/rss/articles/CBMilAJBVV95cUxPbkQzdWpuc0ZhbFlxQ0RBdEIwVVN1bC1IY3FkNEZxX29EWFdNVlo2TU9yeUJlY2NHYmh6X0RBNjJYWHRTTnZBYUhOT2lfMGFyS3dXQ2VWdHI0TG1yWWFxTlNtNzZjbGtzUDh6S2gxb2I0ZTNpZm5PLWlJYU5ocm9vRVp0Z2MxTU05ZzZGRnAzajBPQmZieE90dlFHOTRNWm51RHdqWWQ4V3psUk1TU1oydWJPaDBDdU5YQ0RuLU5fWUtMeXRiTllMS09FdTJOOS1Kb2hGeHhwSXpBdEt0VTVsb09kcGxfc0FFR01tMkN5WlpqRUFJVzhpeWVpbkM1SlQ5SlAwX1FJMFdUVGY5SENtM3B4eEs?oc=5) · PR Newswire
- 2009-09-03 [From “America’s Who?” to “ACU Who?” - The Financial Brand](https://news.google.com/rss/articles/CBMiekFVX3lxTE95YXJodEZwc3g1WU1WSEpMMWtjeHN1X1lVMU9pSGNKY0JFQVh4ZThwV2VBRGdVckE5bjE3ZGE0THZMeHNodjFGWnJrV2VzSmRzQ29RNzYzM1FxTnpGR2hlYnkwWHk0c1RZOTU2QXgxNEs2UGloc3pIb3RR?oc=5) · The Financial Brand
- 2024-05-01 [Associated Credit Union President Clay Franks Adds CEO to his Title - cutoday.info](https://news.google.com/rss/articles/CBMipwFBVV95cUxNUGJnN2lKYVFacUhQLWFiTXBXUURJU3JNUlczekJrb05LNi02OTRJQ2dPUFo1R01SNzFxOE5xUWpvS2hSSzFYeXNqUlhIaE42WlBiQlo0MVU4VWszOTVlbEJjbmJUNVBDRVRlMDFNelZRdF91d2h4WHQ5cW9ETk5fV1hjb1Z2SEljdU1GRVVIVVVOemplSHJ1dTRfRmQ5aGpVYW00NS05RQ?oc=5) · cutoday.info
- 2024-04-30 [Associated Credit Union of Texas appoints Clay Franks as President and CEO - CUInsight](https://news.google.com/rss/articles/CBMitgFBVV95cUxPNzFFVXl1aVhNMWFfWkJrUVBja3A4UC1aN0VWbFVOcGF3LWtpV1VKRVdrN2N0eUYtdno4eU05N3dQZ2w4MjgtMnJDUHE2Q214Tno2SDRmUjBxeXU4UU9QcFhvX3o4dVRmczQzdU9xaW1hLUFqSHM2VjM3VEFiR25ZSU5fQnlOcXVUUzJJNnl5UktnaGNNREJpZTcwRjVySmd2X28xMlFFcTZDT0xweXM2UUR1dk0tUQ?oc=5) · CUInsight
- 2025-12-31 [Lubbock-based ALLIANCE Credit Union merges with San Antonio UTCU - Lubbock Avalanche-Journal](https://news.google.com/rss/articles/CBMi3gFBVV95cUxNVjNsQ0x6cUtXYUpzWkNiZXF3Uk84U1FUNC1pMW9mbTVDek0xc0VsWFNkY2lpMU1jSFdNNnozc0x1RVZNM0hYYXVkTTVRYnpNQXIxa3Y5djE2YTRYbldfNXV6MmlLdVRORTFCYVR6ZmZyU1hxaVBZbmdJT2ZzeWpodkVjWWg0Z0hNaXdNOW9lVW9hcG5KMF9xRHN3cUZ4SkFic0pIWEFvUkszMnZZNlgxeVNUMFZLYlhHQkIyZGNqMTRQQTBDSks1QlNOdXdrZTlUSnF4VlZXOHUyWlhOaHc?oc=5) · Lubbock Avalanche-Journal

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67446 (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/54.json (key "67446", 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=67446
- 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