# EDUCATION
Amarillo, TX · NCUA charter 67494 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/education-67494

Who the members are: state charter, organized 1935, low-income designated. 41,649 members of 339,272 potential (12.3% of the field); checking penetration 69% (share draft accounts per 100 members); loans per 100 members 67.

**Verdict on the desk:** this could be *ordinary*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $474.0M |
| Members | 41,649 (1.6% YoY) |
| Full-time staff | 132 |
| Net worth | $57.6M |
| Net worth ratio | 12.2% (p63 of band) |
| ROA (annualized) | -0.66% (p1 of band) |
| Total delinquency | 0.66% (p56 of band) |
| Net charge-offs (annualized) | 1.10% (p91 of band) |
| Loans / shares | 92% (p92 of band) |
| Cash / assets | 7.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.67% (p59 of band) |
| Operating expense / assets | 5.98% (p99 of band) |
| Vehicles % of loans | 36% (p57 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p9 of band) |
| Vehicle delinquency | 0.13% (p11 of band) |
| Vehicle NCO | 0.80% (p60 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 46% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 13% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 54% |
| Certificates % of member funds | 32% |
| Average share balance | $5,164 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 67% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $13,624 |
| Loans granted, annualized | $103.3M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $1.3M sold and retained. Sold in 2 and bought in 0 of the last 8 quarters. Shares 3.3% year over year.

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **charge-offs p90** (`aq_nco_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | expense trap, charge-offs p90 |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | net worth falling |  |
| 2017-06 | 2 |  | net worth falling |
| 2017-09 | 3 | delinquency 2x band |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 2 |  | delinquency 2x band |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | net worth falling |  |
| 2020-06 | 4 | margin squeeze |  |
| 2020-09 | 3 |  | net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | net worth falling |  |
| 2021-06 | 3 | loans>95% of shares | margin squeeze, net worth falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 3 | net worth falling | loans>95% of shares |
| 2022-06 | 4 | loans>95% of shares |  |
| 2022-09 | 5 | leaning on borrowings |  |
| 2022-12 | 3 |  | net worth falling, leaning on borrowings |
| 2023-03 | 3 | delinquency rising | loans>95% of shares |
| 2023-06 | 2 |  | delinquency rising |
| 2023-09 | 3 | loans>95% of shares |  |
| 2023-12 | 3 | leaning on borrowings | charge-offs p90 |
| 2024-03 | 4 | net worth falling, losing money | leaning on borrowings |
| 2024-06 | 4 |  |  |
| 2024-09 | 5 | charge-offs p90 |  |
| 2024-12 | 5 | leaning on borrowings | net worth falling |
| 2025-03 | 4 |  | leaning on borrowings |
| 2025-06 | 4 | net worth falling | losing money |
| 2025-09 | 2 |  | loans>95% of shares, net worth falling |
| 2025-12 | 2 |  |  |
| 2026-03 | 4 | losing money, margin squeeze |  |

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

- 2026-07-08 [A+ Federal Credit Union partners with Dream Publishing to bring financial education resources to Central Texas - CUInsight](https://news.google.com/rss/articles/CBMi5AFBVV95cUxNUEdzVGpEblNuaGZ3VDNQZVlRVWhKUGM1WHNDN2ZFcmVqN2tJMUliSmo4aUJKb0NpVVlKNktjaVFuNzRyRG5XWXdjcjd3WjE4c2p3TWttck5ybHVfdERrWUY3bEo2Y09KNVBVdFhYNXI4Ri1MNzM5blh2bkI2eGNLb3JLQmxLaFQ1bHpyYlNIMjBtVzBWZTBuaWM5MkFHZTh2cFVyS2dHMG1ER1YzZURGd1EtSlJSNy12bU54cUZ5UWZBd1d4RmxxZGIzM19NYUhCSzVNc3ZIX3lkV2FTYnFBN3I0YXA?oc=5) · CUInsight
- 2025-09-22 [WT, Education Credit Union to Recognize Top Area Teachers - West Texas A&M University | WTAMU](https://news.google.com/rss/articles/CBMinAFBVV95cUxOSlMyaDBUMEZ2S000aHRobDBtSnlyVFN0ay1OcHkxYUYtY19ZNDlnX0otaW5LMHQwb1NZbGluTTRRaXpDbVdINmlMakc3T2NzY0dHUE9PY2hqMlBmM21jWm1rbzdKS19kekFldGVvaW4xZE5IUEh1d2M1clNlN1RRejZERWdsa2FBQkFyUWQyRUM5czBkcGQ1NmsxaDk?oc=5) · West Texas A&M University | WTAMU
- 2025-10-17 [WT Students Win Thousands in Scholarships Through ECU Partnership - West Texas A&M University | WTAMU](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPeFpKQ1RNaE1zVjFDN1V5cl9FWm9jaGQwbmFaTWJjTlZFNjFzWi1ZQkd6cllJc1ZUbmVRdFVFVUxSQzNlR0taaTFHWGNyT29hd0I5eWE3ZERxOFZWdnBZMERxMlpMMktFc3FJd2oxMEVRLTNTMVZMT2o2VVRMMnZIWU9HaE5WLThJWFRDWVo2akFZS2tLUTdGTWo1djc4N05NbkUzVmtzeFA?oc=5) · West Texas A&M University | WTAMU
- 2024-08-27 [Education Credit Union to host ribbon-cutting for Badger $mart Branch serving Amarillo College - KFDA | NewsChannel 10 | Amarillo Texas](https://news.google.com/rss/articles/CBMixwFBVV95cUxOQm9adktlenI3bUhxdXc4ZTYzdm1YZkEyUXVfUXdmRVdFSHYxUk9vVnhlR004T1U5djBaSVg3NEREazBtTVEybktGa1gyYS00cml6SnhEYmQ0TGRsM1dQajZGZnBqYnVjTDNEOTFJN01PbExocy1Ud3FBN2FQbFhyWE1sYkwyLWhycHZYOHg2WFp2QnYzVmtnd2FydElNTml0LTVEWVV6UlpXdktScE5ORjlhNlE1T19MWG1BLWY1SFQ0TlZCTnZV?oc=5) · KFDA | NewsChannel 10 | Amarillo Texas
- 2020-09-24 [Education Credit Union Names Glass VP of Payments - amarillopioneer.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxPLVN5eXNsWVlQcEFaSWRmUk9BZWRIY3BHM1Z0bzdkUWpGTWlhS2Jha3EwVmFpcjRIMHFMZnFMYkpNdzZFNkhxOXd2WkFDVVQ2R3kxSXRYMUpfa3ZrNm5yczVFQkhybEZabzZRNUZRV0t5cHNSOUg2RVFJdTZOWS1SVlF3MC1za0U3Q2xnT2RWRTFIZzlHZXBqd1NHMFE?oc=5) · amarillopioneer.com
- 2022-10-11 [Education Credit Union celebrates newest branch in Canyon - Amarillo Globe-News](https://news.google.com/rss/articles/CBMiswFBVV95cUxQUFVlNVlyTFNXeHhYel9UVHVIenFETFJDSzd5aFNycnc3ek1IQktMNE5fek55RVJaZHV5QmxjQnF1NXFnVjBwd1pORnBNemtib3FHQzAydjFWTDRGRXpULUYyaEltTmNPSnViZnhYLXEyY3hueFI1bEV3Z2VBZVdWS0dwc19LMFptekFCRmRSV3M4dDNLNHBMcFI0QnV6RG9hTE1od3Y0M1JGSk1BdENqNmtsYw?oc=5) · Amarillo Globe-News
- 2025-03-07 [ECU in Canyon hires Hernandez for Branch Manager post - Plainview Herald](https://news.google.com/rss/articles/CBMipwFBVV95cUxOa05Cbkpqb0c0LXBuRFFRV25DeEV3SUZ1MnZKU09RX01UWHNUNDB5V1VweW1Mamg4XzNlS2E4WHoyVW9DVmhienlqZ2VBRkFQSnNNVHZLREpYdm5GNmRGTkd3bHVwSjJUajBPSmd0TGVsbVVqMl9XT1RLR3ZKelEtQWh6Ylp2MU9tVkNEQ0VXZzR6cVhpZk9McU93REplakJDeUxIN19NVQ?oc=5) · Plainview Herald
- 2023-08-30 [Neches FCU named official Credit Union of Lamar University - kfdm.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxQVGJJcC03bmVEYWZyeWkyc3VVc3BYR19ZMHMwTXF4elFkY0I2SnZYMTlEUUg2eVNQcWhraXVBMFh5MGNQY2V0cTFyV1JWR1g4Y0JGdlI2MzRGTkJFNEdSTm45c0N1cGd0cXlfSWJ5dTV4Mjg0NUxNczBLcng4MDd5My1jUEhIaDg2aEdVanl4MA?oc=5) · kfdm.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67494 (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/38.json (key "67494", 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=67494
- 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