# COLORADO
Littleton, CO · NCUA charter 68443 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/colorado-68443

Who the members are: state charter, organized 1973. 27,309 members of 3,689,768 potential (0.7% of the field); checking penetration 49% (share draft accounts per 100 members); loans per 100 members 49.

**Verdict on the desk:** this could be *indirect 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 | $439.5M |
| Members | 27,309 (4.4% YoY) |
| Full-time staff | 74 |
| Net worth | $45.0M |
| Net worth ratio | 10.2% (p33 of band) |
| ROA (annualized) | 0.25% (p18 of band) |
| Total delinquency | 0.34% (p24 of band) |
| Net charge-offs (annualized) | 0.06% (p10 of band) |
| Loans / shares | 85% (p76 of band) |
| Cash / assets | 11.7% |
| Borrowings / assets | 0.91% |
| Net interest margin | 3.26% (p30 of band) |
| Operating expense / assets | 3.69% (p49 of band) |
| Vehicles % of loans | 30% (p43 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 52% |
| Third-party paper % of net worth | 124% (p64 of band) |
| Vehicle delinquency | 0.67% (p58 of band) |
| Vehicle NCO | 0.14% (p16 of band) |
| Repossessed % of vehicle book | 0.07% (p66 of band) |
| Real estate % of loans | 59% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 2% |
| Commercial % of net worth | 70% |
| Core shares % of member funds | 34% |
| Certificates % of member funds | 35% |
| Average share balance | $7,795 |
| Participations bought / yr | $0 |
| Participations sold / yr | $2.4M |
| Participations outstanding | $33.8M |
| Loans outstanding per 100 members | 49% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $24,652 |
| Loans granted, annualized | $126.6M |

## Participation posture (from the same filings)

Bought $0 and sold $2.4M in the latest annualized quarter; $33.8M outstanding purchased (75.1% of net worth), $8.7M sold and retained. Sold in 8 and bought in 7 of the last 8 quarters. Shares 5.0% year over year.

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | expense trap |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | expense trap |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | 3rd-party paper>100% NW |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | net worth falling |  |
| 2018-06 | 2 | loans>95% of shares | net worth falling |
| 2018-09 | 3 | delinquency rising |  |
| 2018-12 | 2 | net worth falling | loans>95% of shares, delinquency rising |
| 2019-03 | 3 | expense trap |  |
| 2019-06 | 2 |  | expense trap |
| 2019-09 | 1 |  | net worth falling |
| 2019-12 | 2 | delinquency rising |  |
| 2020-03 | 3 | margin squeeze |  |
| 2020-06 | 3 | net worth falling | delinquency rising |
| 2020-09 | 2 | expense trap | 3rd-party paper>100% NW, net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 | net worth falling | margin squeeze |
| 2021-06 | 1 |  | expense trap |
| 2021-09 | 0 |  | net worth falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 1 | delinquency rising |  |
| 2022-09 | 1 | 3rd-party paper>100% NW | delinquency rising |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 2 | delinquency rising |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | members leaving |  |
| 2024-03 | 2 | net worth falling | delinquency rising, members leaving |
| 2024-06 | 1 |  | net worth falling |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 3 | net worth falling, delinquency rising |  |
| 2025-06 | 3 |  |  |
| 2025-09 | 1 |  | net worth falling, delinquency rising |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2026-04-27 [Colorado lawmakers could eliminate credit card fees for restaurants; critics argue it's favoritism - CBS News](https://news.google.com/rss/articles/CBMipAFBVV95cUxNZTlrQ0RQWGVkLWd5Tll2Qk9YdE85djZqX2xvbFg4VHRFTGxQZjFpNERmZGVNaUJqNVRMUWRrTU5lVVViOHEteTNFXzNCSVVhdDFoWDdxVEJ5VkR4Q092TnpPTThOUHJPXzB0bG0zT1QzdkFwNWN0ajVTQVZFV3Q2MUFZSnV0X2JIQ2s3MW9QelhUeUhlcGxiYnBzMDRCdllLdU82LdIBqgFBVV95cUxNMUw3UEpmN0U2Q09GQ0pDb0FpYTBIMFVDbGVJUDUwTm9Dd2ZnUFF4V2J1R3hCakI5ei1xZW5iODZ1MzMtU1BYZ0FrZkxid1loalhtYi03YXplR05ZTWc5eFVmUE92TDA1RDZvaVNESmxpX1RIUk1Idzk5alBRaklIZzZRZmgzeUZSVXRyajdQTWJQR0JvblFhSWpPZXIzbHBQNHNILWRWaENtZw?oc=5) · CBS News
- 2026-01-16 [Bellco Credit Union opens first Colorado Springs branch - Colorado Springs Gazette](https://news.google.com/rss/articles/CBMikAFBVV95cUxOWTdtWjZxaGNpeG1NU1VTdzd3dWdRbU5ZTU9jSlFXTUhOVWhmRXVRaUdTbHNvUHJJOXNjY3VRZkZ1ZzMwcV8taktiYmZOYk1RaWNzeHNPUWdxYUZyd3VJaktJWVFtYTNhWFZhb0Y0czJLRWI0Z1NDZlVUR2pYcGlfMWh6S2Jua0EzbTFCbDAtRTY?oc=5) · Colorado Springs Gazette
- 2025-11-17 [Ent Credit Union opens Alamosa Service Center Monday - CUInsight](https://news.google.com/rss/articles/CBMimAFBVV95cUxNOGE2Y09teTROTTFVZnJYSU5xWkNoUVo4VzdyYWtuVlFIYm5UVzFia192cTlSOVF2STlid1l3bk1RTUdCRWhFTEgxWjBhdld3Rk0xM1dSWVp2QUpKTXdydFB0ZGs1SE55LVFUWm1rcXd5SzY5WEFqX3czTnB3OVF5QXRDQUNCTjBIeUlNajNENkdNcUtld2FkOA?oc=5) · CUInsight
- 2026-03-05 [Hotel, credit union next to Central Park homeless shelter find a buyer - The Denver Post](https://news.google.com/rss/articles/CBMioAFBVV95cUxPa2ZvWVJtZS1WU3BSZG1wVFd1ckl4SXlrNkU4c25aRllfY1ZCTTVPWWxyM2x3Q3FhU21BM1YzNGdtT3BzUUt0TGdaV0NpVUV4RFpRN3NVMm82Y0xpMVd6bTBVSkZWSkVrcEJLMXFhRE1LM2xuczBUNzRKdS0telNGUE5SYWFYcmVLZlE4clp6VlVoSVhkNXhLSlJmMEhQbUwt?oc=5) · The Denver Post
- 2025-10-20 [Two Colorado credit unions announce merger - denvergazette.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxONHc4YjBSZVhsQnJQc1YyQlVjYkNjUGxuSTlRNmdwMUdxcDJ5bXJBWWtFaDgxbDR0OVV5OGRzdlNlUElpSUs4S1BrQ2V6a3lIN09VVTM3R1g5V0E0X212Vmt0TnFYZHgwdmRua2NHQW5YUDA2Z2xsTU9LTDRmQkt2TnR2dkg4UFNUQ0tmeQ?oc=5) · denvergazette.com
- 2026-03-12 [Colorado bill would eliminate credit card swipe fees on sales tax to save revenue for businesses - Colorado Newsline](https://news.google.com/rss/articles/CBMifEFVX3lxTE4zTTFQdkVwZlNUQ3U5VjdpOU92RTMwV1hfTHdLM09zaTdjUkV0VVFITG1pQ1pkMFhoODhoa2xrTnJWOXBxZ3EyNmxPTU1XSldYc21xU1dQSkR6a1ZpVkdFTW9YaTJuaVg2VXN3OGQ3aWNNMW1ZWF9iVWlXOXU?oc=5) · Colorado Newsline
- 2026-03-13 [Colorado effort to end credit card swipe fees on sales taxes is splitting businesses - The Colorado Sun](https://news.google.com/rss/articles/CBMimAFBVV95cUxNOVdDeXFoTDAzWkxLdE03XzJDRU9TUWc1c1JCYnUtN3J3YXR5S3lreDZyai1TaUJoT3hnaG5xUEdTYXVGeHNkekFCSXc0Z2pkR1IwREkxOVlwYVFLa3dpQldOU3N6V2JNdUVXNWFiUlBubXh5dkFuRUlhYTlJSHQwbGc1ODVpSkNMeVZ2WU54NXlJY0JpTVFMZQ?oc=5) · The Colorado Sun
- 2026-02-04 [Ent Credit Union Completes Merger With Wings, Transition to Wings Brand Underway for Nearly 1 Million Members - SoCo Digest](https://news.google.com/rss/articles/CBMi2wFBVV95cUxQNFZ0MUZodzIxYWhEdXBOcVBMTURFYTc4NVl6eUNMbFpUd2JNWHZNQVd2aUV6bWJfMmRfZzY5T1N6WWFyd2RLcFpWUU9pTFBzV2hjUEh3VWUyM3FYSGxkZTc2QWQ4aUVuS2hlcjE2U2N4eTUtTkk1UDBMbzNVQXU2em15NUFpN0x6SmhBQzl4Y0RFTXJZMV9KVEpnelM3b1ZLZE94RWVuaDJkanJXVWZOSThZdzdCTXdDLTBnWXJGYW8tXzFqZGtvV1dUQkZjc25Bd25FUUtCdzNUZ2M?oc=5) · SoCo Digest

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68443 (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/27.json (key "68443", 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=68443
- 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