# RELYON
Kaufman, TX · NCUA charter 68325 · asset band $50-100M · latest filing 2024-06 · stopped filing after 2024-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/relyon-68325

Who the members are: state charter, organized 1952, low-income designated. 7,950 members of 298,769 potential (2.7% of the field); checking penetration 40% (share draft accounts per 100 members); loans per 100 members 66.

**Verdict on the desk:** this could be *stressed*. Composite score 11 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $72.3M |
| Members | 7,950 (-4.7% YoY) |
| Full-time staff | 24 |
| Net worth | $4.0M |
| Net worth ratio | 5.6% (p1 of band) |
| ROA (annualized) | -4.70% (p1 of band) |
| Total delinquency | 2.03% (p92 of band) |
| Net charge-offs (annualized) | 2.85% (p99 of band) |
| Loans / shares | 87% (p86 of band) |
| Cash / assets | 16.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.29% (p98 of band) |
| Operating expense / assets | 7.23% (p99 of band) |
| Vehicles % of loans | 75% (p92 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 3% (p54 of band) |
| Vehicle delinquency | 2.12% (p91 of band) |
| Vehicle NCO | 2.79% (p97 of band) |
| Repossessed % of vehicle book | 0.22% (p92 of band) |
| Real estate % of loans | 2% |
| Credit cards % of loans | 7% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 53% |
| Certificates % of member funds | 25% |
| Average share balance | $5,481 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 66% |
| Loans granted per 100 members, annualized | 30% |
| Average loan balance | $11,053 |
| Loans granted, annualized | $11.5M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 3 | net worth falling |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 2 | delinquency rising | losing money, net worth falling |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 4 | losing money, expense trap, assets shrinking | delinquency rising |
| 2018-06 | 5 | net worth falling |  |
| 2018-09 | 4 | delinquency rising | expense trap, assets shrinking |
| 2018-12 | 5 | thin capital, expense trap | delinquency rising |
| 2019-03 | 1 |  | losing money, net worth falling, thin capital, expense trap |
| 2019-06 | 2 | members leaving |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | thin capital, net worth falling | members leaving |
| 2020-03 | 4 | expense trap |  |
| 2020-06 | 6 | delinquency 2x band, delinquency rising |  |
| 2020-09 | 4 |  | delinquency 2x band, delinquency rising |
| 2020-12 | 6 | delinquency 2x band, delinquency rising |  |
| 2021-03 | 7 | capital below 7% | delinquency rising |
| 2021-06 | 4 |  | net worth falling, capital below 7% |
| 2021-09 | 6 | delinquency rising, charge-offs p90 |  |
| 2021-12 | 5 |  | delinquency rising |
| 2022-03 | 5 | delinquency rising | charge-offs p90 |
| 2022-06 | 5 | net worth falling | delinquency rising |
| 2022-09 | 4 |  | net worth falling |
| 2022-12 | 5 | charge-offs p90 |  |
| 2023-03 | 6 | losing money |  |
| 2023-06 | 6 |  |  |
| 2023-09 | 8 | net worth falling, assets shrinking |  |
| 2023-12 | 10 | capital below 7% |  |
| 2024-03 | 8 | loan book shrinking | net worth falling, capital below 7% |
| 2024-06 | 11 | capital below 7%, members leaving |  |

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

- 2024-09-03 [Dallas-based Neighborhood Credit Union pushes into Kaufman County with acquisition - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNVzFkOVF3YlRDemZzTnpUeWJ0SlB2R284VWpqQU5XdWdNcFNiNHJ0aDY0N3FqUFBadk9yTy1xU2NSUmJCOFJDSXM2LUVsNjEtU0pIenFsNE0zTGtIck1fNERkbXU0R00yY09ybWpEdWRBcFMzT1VWLTFnZ252allFRWhPSmhpYkRJQ3VfcVFHelp5aEl6aGJfcGNRd1RiOGxXaGI2Tkt0SzA?oc=5) · The Business Journals
- 2024-09-03 [Neighborhood Credit Union Acquires RelyOn Credit Union - citybiz](https://news.google.com/rss/articles/CBMimAFBVV95cUxNeGIyeXZjcVlwd1RVV19OT2JYU1pRLUVPeWkzWFJUeUJmUnNVOC11Tk5zeGZRSVBaRTZQMXFXelEwUENpUFB2TlhQeWpmUUk0a2hJUnJSY2tpLWU0R0FFbzBxNUtQMGk1c3BEb1g5bTRSVG4zMlI4aHd0M01xQ0RVTmlSTmFfMlluNHR4bkhoZHhZaXkzQzRadQ?oc=5) · citybiz
- 2020-08-26 [Employees CU rebrands as RelyOn Credit Union - American Banker](https://news.google.com/rss/articles/CBMimAFBVV95cUxPZVUxT0N3UDJRQVczbDJDc0FiR21HYWdfNmFfXzl6M2RxdUMweC0wOWNIeVVKT3pPRnA1Y0YtWmVEYk1CdjhRUGk2YjJRY3M5MElTdlZyd2Y3VWZsRWcxWEJINi1aU0QtbEV1eW1pZzdrVXRpQ2l0blJPVjU3WXhyOGNsWVBjTml4VDRWbkMtcl9ycjBmdUE5Nw?oc=5) · American Banker
- 2026-05-05 [Jack Burleson Obituary (1952 - 2026) - Kaufman - Dallas News](https://news.google.com/rss/articles/CBMiogFBVV95cUxOQ0ZpX1ljSHdZUnVZUFBva2h6UEpjVFVVVEJoZW80am5DUURiVy1vZFVPZl8zT0k3ekE4bHM5enlvdlluWVdPZXh4Tl9xZUhYT2hpLWt2ckNvdTZBZ3RNZEQ3NjJTTFhrdVg4Q3A4UVRFdThLTFEtT3cwU1JBNE81TGNXZm9kV3NNb3NUWGFoWWFndDRuY2lMVldxajN2NnVCcGc?oc=5) · Dallas News
- 2020-08-26 [RelyOn Credit Union looks down hall for its new CEO - American Banker](https://news.google.com/rss/articles/CBMiogFBVV95cUxObk9MNzVZbVZTTXBGRTdBOEhNdEktVHVhVld6QXdWRFZzd0ZCUjJCTHdpRXZOVnp4RERXd29uTmRyM0wtcEJab2tGSHhkNjZRb0ZkX0pVUm1yQldvZ0hiNmswN1phWjZZNVF2dXdrSjBPRGg1UFc2dFNOQzJTeUxrcFRWNTJiZE1MNmZlZENzMGQtZmRoSVo4ZE1hSzJ1Y3YzakE?oc=5) · American Banker
- 2022-03-31 [City of Kaufman fundraising to match $750,000 grant to expand City Lake Park - Inforney News](https://news.google.com/rss/articles/CBMi8wFBVV95cUxOVFVFWTFmVnk3dGxiVTlrdTZ6ay1CYnNHNWJiVWtiSTIxSUp1R3Vha3RicWNiZ0NQZHM5WWVwSFc4SjdXa2tScVVFSzRoSlVIb3QtcE1OUmxUTnhZUzVHQ0xqNkYyZ2FySVRScjhoa2VGQ0JwZEZGNTdxbEMxdEkwZDBOQ1k2TkcyNlNhSjluYzFvTUFLNXNvaUhIbElLUnF4bHMwcjNOZzQ4T2pNU2pJZUlwdk0wajFHQ05zNFNJSVpCb2VCNFI4NjNZMlppM1dxUlNhS2VVQy1EVGg2MjhTa3Q2bll0aFJvTmlRa2R0UDluMFk?oc=5) · Inforney News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68325 (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/37.json (key "68325", 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=68325
- 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