# MEMBERS CHOICE
Houston, TX · NCUA charter 67508 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/members-choice-67508

Who the members are: state charter, organized 1941, low-income designated. 46,947 members of 7,400,000 potential (0.6% of the field); checking penetration 62% (share draft accounts per 100 members); loans per 100 members 41.

**Verdict on the desk:** this could be *stressed*. 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 | $728.0M |
| Members | 46,947 (-0.3% YoY) |
| Full-time staff | 120 |
| Net worth | $60.5M |
| Net worth ratio | 8.3% (p10 of band) |
| ROA (annualized) | 0.17% (p14 of band) |
| Total delinquency | 0.67% (p60 of band) |
| Net charge-offs (annualized) | 0.88% (p84 of band) |
| Loans / shares | 95% (p91 of band) |
| Cash / assets | 4.2% |
| Borrowings / assets | 12.36% |
| Net interest margin | 3.98% (p85 of band) |
| Operating expense / assets | 4.05% (p73 of band) |
| Vehicles % of loans | 27% (p45 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 43% |
| Third-party paper % of net worth | 141% (p59 of band) |
| Vehicle delinquency | 0.46% (p39 of band) |
| Vehicle NCO | 1.05% (p59 of band) |
| Repossessed % of vehicle book | 0.10% (p67 of band) |
| Real estate % of loans | 50% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 30% |
| Core shares % of member funds | 59% |
| Certificates % of member funds | 28% |
| Average share balance | $6,819 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $77.5M |
| Loans outstanding per 100 members | 41% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $29,105 |
| Loans granted, annualized | $174.3M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $77.5M outstanding purchased (128.0% of net worth), $3.9M sold and retained. Sold in 0 and bought in 5 of the last 8 quarters. Shares -1.9% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **loans>95% of shares** (`str_ltos`)
- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | thin capital |
| 2017-03 | 1 | thin capital |  |
| 2017-06 | 3 | net worth falling, leaning on borrowings |  |
| 2017-09 | 3 | delinquency 2x band, delinquency rising | thin capital, net worth falling |
| 2017-12 | 1 |  | delinquency 2x band, delinquency rising |
| 2018-03 | 4 | thin capital, net worth falling, delinquency rising, members leaving | leaning on borrowings |
| 2018-06 | 4 | delinquency 2x band, leaning on borrowings | thin capital, net worth falling |
| 2018-09 | 3 |  | delinquency rising |
| 2018-12 | 2 |  | leaning on borrowings |
| 2019-03 | 3 | thin capital, delinquency rising | members leaving |
| 2019-06 | 2 |  | thin capital |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 4 | thin capital, losing money |  |
| 2020-06 | 5 | net worth falling, margin squeeze | delinquency rising |
| 2020-09 | 5 |  |  |
| 2020-12 | 5 |  |  |
| 2021-03 | 5 |  |  |
| 2021-06 | 4 |  | margin squeeze |
| 2021-09 | 3 |  | net worth falling |
| 2021-12 | 1 |  | delinquency 2x band, losing money |
| 2022-03 | 2 | 3rd-party paper>100% NW |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 3 | leaning on borrowings |  |
| 2022-12 | 4 | delinquency rising |  |
| 2023-03 | 6 | delinquency 2x band, charge-offs p90 |  |
| 2023-06 | 6 |  |  |
| 2023-09 | 5 |  | delinquency 2x band |
| 2023-12 | 4 |  | delinquency rising |
| 2024-03 | 6 | losing money, margin squeeze |  |
| 2024-06 | 7 | members leaving |  |
| 2024-09 | 5 | net worth falling | charge-offs p90, losing money, margin squeeze |
| 2024-12 | 3 |  | members leaving, net worth falling |
| 2025-03 | 3 |  |  |
| 2025-06 | 4 | loans>95% of shares |  |
| 2025-09 | 5 | assets shrinking |  |
| 2025-12 | 5 |  |  |
| 2026-03 | 6 | delinquency rising |  |

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

- 2025-11-05 [THE SCOOP: Burlington celebrates grand opening, Members Choice Credit Union opens location in Lake Jackson - thefacts.com](https://news.google.com/rss/articles/CBMimwJBVV95cUxQT2Qzblg1OV85b1RVeXhDTjFkd1RuWDdmWkhTajdaaURIR3F2ZVZkc0g3T1VkaWY5X0R3NmkxRzRGZGxTSmR6ZFdzZ2VPUjB3SVNLVy1KeVdqbEctZFJfNXFkcC1NUjdiaEJsR1dtaWZNU1M2T2lMdWRhbm9QZnIzcUdRX0MyQkNBRHRNM2MxUFRmREFzTXR0b0ZiWUpxaG5xclliZVBxQXpCMzU1T2dvcUZ6RDhReDhpaVU3MzdlamxaLTBMdDVNcXJVX3lQck1BQklUTVpkRlB2U0dFSDdVeGIxSEg5WkJMSExoOW5vbWhZMFB4dzZoTXZMcUZIeDJpZ1UxYW5pWmViMmJ2aXl5YktyVHdvakQyd1pB?oc=5) · thefacts.com
- 2023-01-19 [Members Choice Credit Union names Bonnie Tucker as first COO - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxPTXdzazBfc3AxcU1HZTZPNHNfYmtpZGJLWmNZSGlBQnlYTHNwTDhiV1F5bE5RX0dza3pKTTM1c2V6NDR4NmZRSUh1cER6VXZaNTlaVzFrVzNtVXVnVV94SzNhREdBR3l1UHI0dG1DdUFMb2lPZHNxOUszWjF1ejV6OUpFSF9XbEEzdGZwVnJSeTFTbU5tRkJZZmUwakllcFVsVHNJbQ?oc=5) · The Business Journals
- 2023-12-18 [Members Choice Credit Union and Santa’s Sleigh - Katy Times](https://news.google.com/rss/articles/CBMiiAFBVV95cUxOWHlrMS1haHRTQktSczV1TGVwTmtLMFBKaUV5VzU0a1JUY3c5dTRiX1BvV0s2VWNTUGNSNjlWY0FiaUhUNjRBVWpheUNqUGRuUjlxSXdleldyVlBxVkNIdVhmS1RCWXVic2I3cVk1cGhuNGRuWk0wN1h3NEVVQ3pudVlKN0ZJYk5t?oc=5) · Katy Times
- 2025-07-22 [Billy F. Spivey Obituary July 22, 2025 - Grace Gardens Funeral Home & Crematorium](https://news.google.com/rss/articles/CBMiZEFVX3lxTE0zZmFxcGpHR19FZGV6OTREV3BDb3JHeU1iNXE5QXBOV0I2dFZsM0RvRWlyRFVmbDNtdzBROUl2TFNrYUV2RmNEaFZSaS1YOTdpeWg1aFRHbV9pQzk0MEFydDFqTDQ?oc=5) · Grace Gardens Funeral Home & Crematorium
- 2018-10-21 [Build A Bed project, credit unions earn local recognition - The Daily Independent](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNYmhnMllJOUk0M2Y3dDN2UUlxUVItV3dMc3RlUzdYbjRHNGNCTVhwYm5RUWJJVGQ5ekpLVGlqOG5OOGNjQXIwRlYyRTJMVDlBeVE1cmdiWVEyXzlfcjdFd0MzWFJuZnJMSUxWTGd3eGpnMmtNMmF1OUpFUlA1clBUMzNWUW1JMm5pYmpDOE50enllUzBVZXdPTjZabV95ckZ2d3dZbWhpS2J4XzRCTHZMQWQ2YnBfUEQzZzBRQU9XdEJWZnVxUGg1cjhkVG5wUnh0dVM1dGxXaE84ek93?oc=5) · The Daily Independent
- 2018-03-12 [Jennifer Dickey Obituary - Houston, TX - Dignity Memorial](https://news.google.com/rss/articles/CBMigwFBVV95cUxPbGN6N0pUVFZlNVRCb0dHb3BPS2lhWC1jYXZFWEJ5MEE1WEVVSXNjeWswVEtUV1hUVFI4cTdhcDRYLWd5NTVOWWRLN04yai1xYzZWZWN1dXh5MDFWQUdmaGViTTBuS0JORXJQczZXN1ZKZUNZNExVc2pQaGxQZGNzOFVTWQ?oc=5) · Dignity Memorial
- 2006-03-01 [Dr. Thomas Vincent Frank Obituary Mar 1, 2006 - Wilkirson-Hatch-Bailey Funeral Home](https://news.google.com/rss/articles/CBMibEFVX3lxTFBqbnR3bUsyakRTQVQ5WEVjbE4zeElkbzhncldybm1VNlZneXkzRFlFcUZEU2NNV2sxek9UT1VMZXdsdFBUOGlsWHY0alh0WDY3dVRoaDUwdUk0WVVOcmRUWTFrQXo1Mnc0ZzVEXw?oc=5) · Wilkirson-Hatch-Bailey Funeral Home
- 2026-04-29 [THE SCOOP: Boba shop brings authentic flavors to Clute - thefacts.com](https://news.google.com/rss/articles/CBMi1wFBVV95cUxNckt2RUwwOVJqdXhpS3JOVHAyOU1xcHc0dmFVTzAxbmRHNGViSDhjRk1JWkUyVnBWN1FMaE5ja1pwWjVUdWotVmVrY1BpRGpjRWxHSFhOYlFfbmQwRER6MFRlM0JvQWRIZzJJWlRqZkpqb01aYV9aUWVkU3lYWTF2cUUyYU1jcmxMWGhkTFBoSnlKQTVaVEI2Q0M4UklzZjNIQXVqZ3pTRDlWUUJneERuNjNKeEkzLTJSeVZUaXA3aGRMbklTOEFjUUd1RUd2cm5mWllodlpBRQ?oc=5) · thefacts.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67508 (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/52.json (key "67508", 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=67508
- 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