# SOUTHWEST 66
ODESSA, TX · NCUA charter 67550 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/southwest-66-67550

Who the members are: state charter, organized 1949, low-income designated. 9,526 members of 361,656 potential (2.6% of the field); checking penetration 54% (share draft accounts per 100 members); loans per 100 members 184.

**Verdict on the desk:** this could be *participation buyer*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $114.4M |
| Members | 9,526 (-0.7% YoY) |
| Full-time staff | 42 |
| Net worth | $12.5M |
| Net worth ratio | 10.9% (p39 of band) |
| ROA (annualized) | 0.59% (p42 of band) |
| Total delinquency | 0.88% (p68 of band) |
| Net charge-offs (annualized) | 0.23% (p37 of band) |
| Loans / shares | 75% (p60 of band) |
| Cash / assets | 8.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.99% (p69 of band) |
| Operating expense / assets | 4.46% (p77 of band) |
| Vehicles % of loans | 48% (p69 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 52% (p56 of band) |
| Vehicle delinquency | 0.75% (p60 of band) |
| Vehicle NCO | 0.33% (p38 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 40% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 44% |
| Core shares % of member funds | 53% |
| Certificates % of member funds | 32% |
| Average share balance | $7,277 |
| Participations bought / yr | $3.7M |
| Participations sold / yr | $0 |
| Participations outstanding | $24.7M |
| Loans outstanding per 100 members | 184% |
| Loans granted per 100 members, annualized | 129% |
| Average loan balance | $4,349 |
| Loans granted, annualized | $20.0M |

## Participation posture (from the same filings)

Bought $3.7M and sold $0 in the latest annualized quarter; $24.7M outstanding purchased (197.3% of net worth), $0 sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares 6.0% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 3 | charge-offs p90, repo signal |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 4 | assets shrinking, members leaving | charge-offs p90 |
| 2017-06 | 1 |  | delinquency 2x band, assets shrinking, members leaving |
| 2017-09 | 3 | losing money, charge-offs p90 |  |
| 2017-12 | 3 | net worth falling | repo signal |
| 2018-03 | 0 |  | losing money, charge-offs p90, net worth falling |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | repo signal |  |
| 2018-12 | 1 | expense trap | repo signal |
| 2019-03 | 0 |  | expense trap |
| 2019-06 | 2 | delinquency rising, repo signal |  |
| 2019-09 | 0 |  | delinquency rising, repo signal |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | expense trap |  |
| 2020-06 | 3 | net worth falling, delinquency 2x band |  |
| 2020-09 | 3 | delinquency rising | net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 6 | net worth falling, margin squeeze, charge-offs p90, repo signal, members leaving | expense trap, delinquency rising |
| 2021-06 | 4 | expense trap | net worth falling, margin squeeze, members leaving |
| 2021-09 | 4 |  |  |
| 2021-12 | 2 |  | delinquency 2x band, repo signal |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 4 | delinquency 2x band, members leaving |  |
| 2022-12 | 3 |  | delinquency 2x band |
| 2023-03 | 2 | delinquency rising | charge-offs p90, expense trap |
| 2023-06 | 2 | net worth falling | delinquency rising |
| 2023-09 | 1 |  | net worth falling |
| 2023-12 | 1 |  |  |
| 2024-03 | 2 | net worth falling |  |
| 2024-06 | 1 | delinquency rising | members leaving, net worth falling |
| 2024-09 | 0 |  | delinquency rising |
| 2024-12 | 2 | delinquency 2x band, delinquency rising |  |
| 2025-03 | 0 |  | delinquency 2x band, delinquency rising |
| 2025-06 | 2 | delinquency 2x band, delinquency rising |  |
| 2025-09 | 0 |  | delinquency 2x band, delinquency rising |
| 2025-12 | 1 | net worth falling |  |
| 2026-03 | 1 |  |  |

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

- 2015-09-03 [Employee Admits to Stealing $31,000 From Odessa Credit Union - newswest9.com](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNallhT21aVkZmQ25hTEZwWHZMY3pfbDJZSWs3RlJ6bVlrVE84dVdfNjJjMGJ4aGZHcEMzODBiT3p4dXhxLXdhY0NGRGMyS1J2aWdCNEIyM0FuN0VvaTN0dHF2NldzemJEUnFheDMxUlV0eXZYdWF2MjRsNTh4dFZVVlBMOGVBdXpIMVZPeWF2LTRIYTNQNlphdlFLVnpEcFQ2UUdWWmZEdGhuSzdfUXRuQ0JUNm10R2p1MTZsQlZ1SzBtNlhMSUdLVGNkRWpJclRMN3V1Z1VORnZ1Y3VD?oc=5) · newswest9.com
- 2019-01-13 [New credit union chief offers relief to furloughed families - The Oklahoman](https://news.google.com/rss/articles/CBMizAFBVV95cUxPN3NpZ214UzJxWmY4eTJHWVBWOTJ4U09uY1NlSndBUXVWelNsdm11Rjh0U3lEekRzd2pxazhLQmR0enVBT2JCRE91a0p1TEtfTU1GeFZSZmFQY3RuMVNuOVktV3AwMDN5R2FBTzc2Y0pZRFYxMUdRYkdQekY3RkhtQzZTNHA2MVF2dXpfQzVOZjJYT0NvLU0taS1ZcWhFeTFIRVh5Zy12Tnk3MEVlYVNMeVBoRHlDMUxLYzJ5QnpMZGtkSVB3XzM0ZEpaZ28?oc=5) · The Oklahoman
- 2026-06-21 [Thomas Jackson Atkins Jr. — In Loving Memory - Grimes Funeral Chapels](https://news.google.com/rss/articles/CBMiakFVX3lxTE4yb2pPU2pkSDk1OFlWVmNfQ0RlYjRkczIyZ3M1VVUtV2VZOGpiN0ZWN0h3QUZ6RmwtTXY2bWJ5dDBjTVVyQjNFOWFubk16T3B4UVlablVlTkRESkxSbl9jR2c4TkNIeGU5Y0E?oc=5) · Grimes Funeral Chapels
- 2024-12-31 [Banks for Immigrants and US Non-Citizens: A Comprehensive Guide - businessinsider.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPN3RBb1NXSm5seGNfVk4wZlNKRXJad3IwQ25GTUVRdjhlSkw5THZmQ1VQUFM0TzJ0WkFWLVBqcEZLcUI3OXR2VjczeFhfaXVHNEI3c0xPVmgzb1hnMTcwaVV5dVRUenF6cS1NZWZUS2dvQ1VFZDM4RFF5NGhkU3YzSWtOYnlRWWVhOHlpUEtPRUN4aVFXTWVobmNyeDZ3SlVRRm5JTW1rcXNna0E?oc=5) · businessinsider.com
- 2009-02-10 [Victor Crumrine, Jr. Obituary Feb 10, 2009 - Sunset Memorial Gardens & Funeral Home](https://news.google.com/rss/articles/CBMiaEFVX3lxTE1USzlRYkNLdjVDT0h1eFRHN0pXZDBDRzR6cHc2NkxoamExQkpBTWx1UHlNa2ZuaG5jWkZXTjl4MHFHYTVRTlZJanJSbGVnZUtDeDVIaHlDS1o4SWROUWRvTmpWOUk0SEE4?oc=5) · Sunset Memorial Gardens & Funeral Home
- 2015-06-11 [Local Couple Has Thousands Stolen Through Credit Union - newswest9.com](https://news.google.com/rss/articles/CBMi1wFBVV95cUxNX3FOeWloT2xRU3JndFU2c01yWUVjdFRra1VqcWpjWi1mWGVHM1ZhQVN3RkctYjhKTWxjOFFqZEw3RFBLS3lwR0hRR2JvYXNYa1NfM0k1eG1TLUQteGRRa1ctbGlLWlNTa1FvZkRfREFCSEZCYXpMbFRSZkF4cERKSWdlYUFSMWpGUWJCNkRFWnkzR0Q5S3hkTjZmV21PQUxtcUxtNk5FVjh1bUk4QzB6cTY4QXVMcHpvcjJxQjZSVEtNVTM5Wi1zM2lOSTlFZ2VGWjhrVXo1MA?oc=5) · newswest9.com
- 2018-06-15 [S Craighead Obituary - Odessa, TX - Dignity Memorial](https://news.google.com/rss/articles/CBMifEFVX3lxTE1tVHJBR1NmQm1BZUcyNGlLWmM1Y2MtekU2bTNxOXJUcjBEeHZaRXQySVJwZDAtWTFyQ0djNmRiR1d5aHlUZVlMbTA1VFREcTMtMVRaZFljM29pTU1uN0lkaXR3MDJFVmhJSmUxV1EyOGVFdlZFQXl0bWN2dEo?oc=5) · Dignity Memorial
- 2016-08-13 [List of banks that support Apple Pay in the United States - 9to5Mac](https://news.google.com/rss/articles/CBMie0FVX3lxTE15UkVmX3k3aURqZXBKcFZCVTJuMEEzWTlLUEpQRDdTR25DQ2lPVXZGeEYycEVZcXl5RThsdlg3aUV6WHZFdWIzWDBUR2ZsT2FUcG1JWU5mbzJ3bVRUT0NjaEFFQXJaV0o1RklzdW03bzN2MXJoV3B1aFhEWQ?oc=5) · 9to5Mac

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67550 (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/30.json (key "67550", 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=67550
- 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