# FIRST UNITED
Tyler, TX · NCUA charter 67472 · asset band <$50M · latest filing 2018-06 · stopped filing after 2018-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/first-united-67472

Who the members are: state charter, organized 1951. 552 members of 2,000 potential (27.6% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 51.

**Verdict on the desk:** this could be *too clean*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $2.9M |
| Members | 552 (-2.1% YoY) |
| Full-time staff | 1 |
| Net worth | $415,584 |
| Net worth ratio | 14.3% (p60 of band) |
| ROA (annualized) | -26.56% (p0 of band) |
| Total delinquency | 0.03% (p14 of band) |
| Net charge-offs (annualized) | 0.03% (p36 of band) |
| Loans / shares | 103% (p98 of band) |
| Cash / assets | 2.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | -16.79% (p0 of band) |
| Operating expense / assets | 9.78% (p99 of band) |
| Vehicles % of loans | 84% (p95 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 0.00% (p15 of band) |
| Vehicle NCO | 0.00% (p28 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 24% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $4,496 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 51% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $9,135 |
| Loans granted, annualized | $1.1M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **loans>95% of shares** (`str_ltos`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | loans>95% of shares, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 3 | net worth falling |  |
| 2017-03 | 4 | losing money, members leaving | net worth falling |
| 2017-06 | 5 | loan book shrinking |  |
| 2017-09 | 5 | delinquency rising | loan book shrinking |
| 2017-12 | 6 | net worth falling |  |
| 2018-03 | 5 |  | delinquency rising |
| 2018-06 | 6 | expense trap, margin squeeze | members leaving |

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

- 2026-01-23 [Marilyn Joyce Tolander Obituary Oct 7, 2016 - Kimzey Funeral Home](https://news.google.com/rss/articles/CBMiYkFVX3lxTE40Ym1XWjBsZzFpVU9lejJJOXZWWmRRT1RQV1BwbHA4aWVRa1dLMjhqY2xOLS1FQ1lIMndrOGdmcFNhYWpsYnQxSGdaT0tTMHIwVUZJdFB4SWtCamlSSkVZLWVB?oc=5) · Kimzey Funeral Home
- 2026-07-31 [Kidz Krew presents Robin Hood Aug. 7-9 - North Texas e-News](https://news.google.com/rss/articles/CBMibkFVX3lxTFBxR05MaVEwbkZjdWZzVG5mbHNiWll1b0ZWMXpOM25pSS1pc3dWcUlMV0p6ck9JUzg5clZWZ21EX2EzbklJYW12M2U4Y1RadXBrcF9MWTcxQ2w3S1pldzVOVmZCbzBJUnNsakFnSnBB?oc=5) · North Texas e-News
- 2026-02-03 [Local food pantry in Canyon provides large numbers of food to residents - Plainview Herald](https://news.google.com/rss/articles/CBMiowFBVV95cUxOSklCVHNjTkVZakpTMVZURFctUkpaOWpIWE5iQjBObG9sYW9EQVFSNW9xcjJhTmdQMkRtMkVDMko0VDJfc2FpU19ZY2JqU0Z3OG1XbVZaeU83ZEhaYU9CdFMzaU9rQU9BQjdpM3A2dng0VGVWaVNrOS1Fbjhrd25aYm45ZnpCdFVHTkd1dEZwVDNZc3dJWVlEdnlZSnJmZVllbXZV?oc=5) · Plainview Herald
- 2015-08-31 [MBA Adds 28 New Members - National Mortgage Professional](https://news.google.com/rss/articles/CBMigAFBVV95cUxPSmlGaGN1UUlyTVBzUHVIVWZ6UENzcVo5T0hpM3FaMVBqSjNTMVN1cGJWbE11N2ltMGRSZFRWMzlMcHJwS1NSazhfdmgweDl0bWpjYkFlWkdSZ2JNMFc2OGI2dWhFblNKOHVtYXR6ejBWVzhtUFpyQWJqeVh2NEdwcA?oc=5) · National Mortgage Professional
- 2024-05-07 ['We will not be broken': Allen honors mall shooting anniversary with somber memorial - KERA News](https://news.google.com/rss/articles/CBMiiAFBVV95cUxOSFM2NGthM3dSaU9NUkxOQThXb0xTS2RITGR5bjJWaHFYSVdfeHNFVzNYQl9vNF9vaV9XcTZ3WlRRYXV6ZkZIbkExcmR4NEhnZ29JWEtpbVVRVEFjNVBnWm5NUFljLWVjZUVTZFRnY3FNS2NCM09kNUt3T0hGdzZfbU15anBJSU02?oc=5) · KERA News
- 2021-01-24 [Weldon Carter Obituary Jan 24, 2021 - Carmichael - Whatley Funeral Directors](https://news.google.com/rss/articles/CBMia0FVX3lxTFA4bUN5dXJyWnQyMGZoR285WWU5bkQxbEZ2XzhSNktrby1nV1Q5MFc1dG1vTDFhSk82b2MwVGx6ajMxeEZXZzQxSDVNS3FnZWw4SFc3dU5ONVY2QkFYR3kwTWQ0X0hSLWtuaGRR?oc=5) · Carmichael - Whatley Funeral Directors
- 2022-08-18 [Bailout List: Banks, Auto Companies, and More | Eye on the Bailout - ProPublica](https://news.google.com/rss/articles/CBMiV0FVX3lxTE9yUjlLUHlRTkFPekMwR3J1MXFxS2o0OWc3cTFybnY2U1ZhZ1BkTVRweEE5bXJuWnVSTTRxWk1malZlQ2dPUVpHSTk0OTZfNUg3aGpUVVJrbw?oc=5) · ProPublica
- 2019-12-12 [Nancy Elizabeth Thompson Obituary Dec 12, 2019 - Buck Ashcraft San Benito Funeral Home](https://news.google.com/rss/articles/CBMib0FVX3lxTE5hX01BWGlhejdmYk1fY2k3c0x5Y0FNMzdaMFEycFY5cXo0QVpRSWE5VVcyTjdxVHIwS0F3eE1CYzB6X0FkZEVVSUhMVl9HaWY0NEVvNGhRcllObUx5ZFNtZHhwbUZaOFNXdkFCTGgxYw?oc=5) · Buck Ashcraft San Benito Funeral Home

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67472 (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/16.json (key "67472", 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=67472
- 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