# GREATER NEVADA
CARSON CITY, NV · NCUA charter 68228 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/greater-nevada-68228

Who the members are: state charter, organized 1949. 89,066 members of 3,282,188 potential (2.7% of the field); checking penetration 75% (share draft accounts per 100 members); loans per 100 members 27.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.69B |
| Members | 89,066 (0.6% YoY) |
| Full-time staff | 298 |
| Net worth | $56.3M |
| Net worth ratio | 3.3% (p0 of band) |
| ROA (annualized) | 0.86% (p62 of band) |
| Total delinquency | 4.41% (p99 of band) |
| Net charge-offs (annualized) | 0.31% (p26 of band) |
| Loans / shares | 79% (p30 of band) |
| Cash / assets | 11.8% |
| Borrowings / assets | 0.24% |
| Net interest margin | 2.98% (p26 of band) |
| Operating expense / assets | 4.08% (p88 of band) |
| Vehicles % of loans | 28% (p55 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 55% |
| Third-party paper % of net worth | 1922% (p100 of band) |
| Vehicle delinquency | 0.22% (p13 of band) |
| Vehicle NCO | 0.59% (p24 of band) |
| Repossessed % of vehicle book | 0.07% (p50 of band) |
| Real estate % of loans | 32% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 818% |
| Core shares % of member funds | 60% |
| Certificates % of member funds | 24% |
| Average share balance | $8,734 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $52.5M |
| Loans outstanding per 100 members | 27% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $52,828 |
| Loans granted, annualized | $369.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $52.5M outstanding purchased (93.2% of net worth), $4.4M sold and retained. Sold in 3 and bought in 0 of the last 8 quarters. Shares -4.1% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)
- **assets shrinking** (`shrink_assets`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | expense trap, repo signal, 3rd-party paper>100% NW |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 2 |  | repo signal |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | net worth falling |  |
| 2017-06 | 2 |  | net worth falling |
| 2017-09 | 3 | delinquency rising |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 4 | delinquency 2x band |  |
| 2018-09 | 3 |  | delinquency rising |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 4 | net worth falling |  |
| 2019-09 | 3 |  | net worth falling |
| 2019-12 | 3 |  |  |
| 2020-03 | 5 | margin squeeze, delinquency rising |  |
| 2020-06 | 5 | net worth falling | delinquency rising |
| 2020-09 | 4 |  | net worth falling |
| 2020-12 | 4 |  |  |
| 2021-03 | 6 | thin capital, net worth falling |  |
| 2021-06 | 6 | delinquency rising | margin squeeze |
| 2021-09 | 4 |  | thin capital, net worth falling |
| 2021-12 | 6 | thin capital, charge-offs p90 |  |
| 2022-03 | 5 |  | charge-offs p90 |
| 2022-06 | 5 |  |  |
| 2022-09 | 5 |  |  |
| 2022-12 | 4 |  | delinquency rising |
| 2023-03 | 5 | net worth falling |  |
| 2023-06 | 5 | delinquency rising | net worth falling |
| 2023-09 | 5 | losing money | delinquency rising |
| 2023-12 | 6 | net worth falling |  |
| 2024-03 | 6 | margin squeeze, delinquency rising | losing money, net worth falling |
| 2024-06 | 5 | losing money | margin squeeze, delinquency rising |
| 2024-09 | 8 | capital below 7%, net worth falling |  |
| 2024-12 | 9 | charge-offs p90 |  |
| 2025-03 | 9 |  |  |
| 2025-06 | 8 | assets shrinking | losing money, net worth falling |
| 2025-09 | 8 |  |  |
| 2025-12 | 9 | losing money |  |
| 2026-03 | 7 | net worth falling | expense trap, charge-offs p90, losing money |

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

- 2026-08-24 [America First Federal Credit Union, GNCU announce $26 billion merger - KOLO | 8 News Now](https://news.google.com/rss/articles/CBMiowFBVV95cUxNakJ3cTY5aTVLRmxvQjJrSGlYSnQ3OEZfMUwxV0I0enhIcTBNaTgtYjZaRnBieldPcVZiMEhsWms4X1N2VU9TdkphWXBDaXh3VlFPems0aDVfRVJxclRkd0dTb29UTndiV2NuOHF2cjVPT0o0VEpkUVd3QmtMQzI1QkxXX1hLdU15VGg1cjBzMnQ1MWliX2J0YzBpUU4yekhlVG5F?oc=5) · KOLO | 8 News Now
- 2026-08-31 [Headquartered in Carson City, Greater Nevada Credit Union prepares merger with America First Federal Credit Union - Carson Now](https://news.google.com/rss/articles/CBMi4wFBVV95cUxNYUw4Z05XTWdkZ3U1MHk5ek9LNUNlZHY3aDhSdEc1ZVBRV0s4cmxfcHRoRTAtaFFSRmlUbC11MFR5MGh2clRYclRtb2tsYWhteThfMW5kLTRaQmN1Z2JwamVwanpYQXlqWXVIeWlWTmVIYmlvMGlnX2pYMmxrR3N5eGNobmlHTWtLbDQ3V0RVRldwVFRGT1ZMOWxxVEV6TjJ4Q2ZiblVUZk1xQUtHNTNDWWwxRGp3NkZrS0Z3eVBXdGppV3YyRGRRUjdJY0JHbUtjUzJ4cnZfUW05Vm1MY2pSQVE0MA?oc=5) · Carson Now
- 2026-05-12 [Nevada lender among 10 booted from USDA loan program - KLAS 8 News Now](https://news.google.com/rss/articles/CBMimgFBVV95cUxPTnA5Zl9PWWdJOURtbGRiT3ZMeUJ2YXFwb2h0YkhlWjktSDlMSHVURUVnU2ZxS1JJWmJ1UDFNWU11UEdXbWwyd21YRENTRG5xQjlyYjhrVXZpSjI5TmIzendxeXBfaFROWU5LN0o0VFhVUEZrbjdOS296VnRjQ2ZBVjZ0NUU3cDNiVl9CVDZhelFEalRXejNpU2V30gGfAUFVX3lxTFBOVWRQd3R3Q1FfT1Q0WnhYZy1Wd2JtN0FIR2xveG84dWY3U0Y4UU9tWWF4Z1EzTUVDUXpMUlRkc2ZvbW1nVXJaTTVZQkZrZHRIM2xmbXBUUXpqLWFmcWtGOHJvZmo5R1ZpbWJQY296dnVCZ0RyWW5SWWV6eFFaZ29YYzJ6UkJWcGF5dm1iRW1qMzFBRk51QW9BUER6ZWVOZw?oc=5) · KLAS 8 News Now
- 2026-07-06 [Greater Nevada Credit Union launches 2026 Greater School Supplies Drive to support local students - Carson Now](https://news.google.com/rss/articles/CBMizwFBVV95cUxOZG90RC1nRjcwNlFmTHFSMTU5SEE3NldQWnNITGpwNG1GV3RfVnFVZjF0Y3hIaGh4QUFKVnJhVHQ5X05jMnl6d1QzbmhUVWRxNk4wSEdxbWFfX29ndGgtU0QzSENFNlQ5TGJVTFM0amVfR3M5UUd2bUpRcVc3Y2JkY2VObjVfYTVzWnVzaEZjUkhySkJjVHlsYm5uVEZNTHhJc2JwSHhRVTBHbHdtV0VuaXRESWl1Ri0xX0Q2M01aWkJQRko5bVhSVHZFcTUyWGs?oc=5) · Carson Now
- 2026-05-13 [USDA removes Greater Nevada Credit Union from rural development lending program - KOLO | 8 News Now](https://news.google.com/rss/articles/CBMiowFBVV95cUxNZTVKSnhQVVk0VURrbkpJLU1aSklGcVZrY18teHJoenprX0xlbmlqR0VUUC1seW1sWkZRUGpJODRYRzh0YWpXYTBjdW5PQWJXWWNNd2RHR3l2OXVpR0F2bWtSVTZQT0FXNDUyQS1nejFIZlJzSUxJcnUzMjZoSHZsZ0Z5OV9WNXBPM29MUXM5Y012ZllzcDg1bGFMcmR2UTdYS3NJ0gG3AUFVX3lxTE9pa0xMeEpadF9WVnFVOVRITG4tM01Gdl9SQ0xNVk00Z3NGcGlsNnI2cXVERnFlR3VUY2FQNWlmSlF1Qmo4bjJSbXJSMk5tcXpENmhaTXZUb2pSOFhmVm81bG5UZ2NSXzlNZ09xaXgyem9JWjBaMmtJZm5TZ2tuTzhtV3ZYc29Od3poVGJwQUZHUEM0bFZPXzR2YVVHLUF5MEdQU3R0eWNmSnJzemc5eUlhQXhfel9mVQ?oc=5) · KOLO | 8 News Now
- 2026-02-17 [Carson City sheriff seeks help identifying suspect in impersonation case - KRXI2](https://news.google.com/rss/articles/CBMipgFBVV95cUxOM3hzQjBMdVNWQW9Kb1BTUVBoaXZUUjd6SHBaRGh2eUJEbF91Y2NaUllnQzVTYVJJU2poRXpqTG54R3RXSlJNejhkOUhndWRuQWVxajM1d1hxcUhPbWg4ZzJKWkh1VVBPV3FpRjk3d2FrVzJGNER1UEFjTnR3WDEyVUtscmZXeXN5U3ZTbWNDWWFwSnV2aUFoTVJSNVRxMjMwS1BRXzNn?oc=5) · KRXI2
- 2025-10-03 [Greater Nevada Credit Union launches 0% loan to aid government workers during shutdown - KSNV](https://news.google.com/rss/articles/CBMitwFBVV95cUxOOTRoWVhFMVFFMzh6bXZZNUd3OXZ0Qi1JMEgzUENKQWpYUHR2T0J1bGxRYWtIRDRsanVyb2ZJcGM1WUxPQ3dnSTdMUEJwc092ZEw5ZUFFVW95MUd1UWlHVzFOREpxaTZ2UUxhMFlFMzlIaldyTEFBZ1JRTTllM3BONGRWR1VUcThxN0NtTERhQUJTaXZ3aVdxSzdOREtmRm9sbGxtXzVmRy1YakxNWHFMSjV0cmt6TlU?oc=5) · KSNV
- 2024-07-16 [Isel Martínez Marcos Joins Greater Nevada Credit Union as Vice President of Accounting and Finance - Nevada Business Magazine](https://news.google.com/rss/articles/CBMizwFBVV95cUxNZEdEMkxRNDY1X3BNNUV3SFl6d2tReGpJdEtBMGdJV0VneUp2ZGthRnVycDA0Mm1jOUE1TXJwdFVtUUVzZUhvM1ZiUHhPSmc4RVBYNHZ0Um0tampfM2RFRS1OSVZyZV9Tb2FBNVNUSnQzZ2NxakF5RzZDRENlT0dnN05ncENBcl9YSW9zMllnRC1PdzNzOXVUNWNMTXdjRHNCdDlNTmYtV0gtU2tDdnRiZ0RrSEswUUtoS3cyQWFrMERsRzFHVmRqdjdMejFNdm8?oc=5) · Nevada Business Magazine

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68228 (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/4.json (key "68228", 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=68228
- 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