# HUGHES
Tucson, AZ · NCUA charter 7531 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/hughes-7531

Who the members are: federal charter, multiple common bond, organized 1951, low-income designated. 188,025 members of 546,574 potential (34.4% of the field); checking penetration 30% (share draft accounts per 100 members); loans per 100 members 65.

**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 | $2.64B |
| Members | 188,025 (-2.4% YoY) |
| Full-time staff | 328 |
| Net worth | $230.9M |
| Net worth ratio | 8.8% (p10 of band) |
| ROA (annualized) | 0.32% (p16 of band) |
| Total delinquency | 1.96% (p98 of band) |
| Net charge-offs (annualized) | 2.85% (p99 of band) |
| Loans / shares | 87% (p53 of band) |
| Cash / assets | 13.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.87% (p99 of band) |
| Operating expense / assets | 3.04% (p40 of band) |
| Vehicles % of loans | 85% (p100 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 27% |
| Third-party paper % of net worth | 242% (p74 of band) |
| Vehicle delinquency | 1.95% (p96 of band) |
| Vehicle NCO | 3.20% (p96 of band) |
| Repossessed % of vehicle book | 0.53% (p97 of band) |
| Real estate % of loans | 6% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 19% |
| Certificates % of member funds | 43% |
| Average share balance | $7,892 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 65% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $17,031 |
| Loans granted, annualized | $589.0M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **repo signal** (`aq_repo`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

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

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

- 2026-01-06 [Hughes Federal Credit Union announces Executive Promotions - CUInsight](https://news.google.com/rss/articles/CBMioAFBVV95cUxOWGN0V3c3WDUwMEpmU2FvTXJWUGRJb2paQ2hMd0h3ZGFrWWoxOEJZN1d4NmkyTXNwbTdZd3B3a3ljYU90OVplVHprTWZzNmdUXzF4amlqV1E5UGJFSnRmb3UyZ2F2UDc4Wmo3YXZVX1dRbW03R21fdGVsT0VaWURUM0FzTmRXLVJIdzV2NllWbTlNWk1BNGdqY1A3QlhDUXlJ?oc=5) · CUInsight
- 2026-06-05 [Coming Soon: Hughes Federal Credit Union Event Center at Fox Tucson Theatre - Real Estate Daily News](https://news.google.com/rss/articles/CBMirAFBVV95cUxQdnVnUlBfdUY5LWx0UkNEa2toMVFoUG5RYk9SSURGY00xLWxtQzVRWEV3bTFYcFBtUUFiaktqRWc2OFhQUXdWN3FIU29DdlBWWFdiZUhqMmkyX0Iwa3ZTNDJCRWx0aVVsRjdhcmJXSXRoZHhxektIWF9oS0V3QmpKUS1DbkI4VjBFTUNhc1JsVnJtaVZvZkF0TXVIQlA5a3FfemQ0eW1nU2JzZnY3?oc=5) · Real Estate Daily News
- 2026-06-04 [Fox Tucson, Hughes ink $5M naming rights deal for events center - Arizona Daily Star](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPeVhaN2dqMVFtWEVvV0NiU0lrc1RHM1dOc1p1Q0lVaGk4TDUzcWxYQzBBbFpLbUZWbXF3UTRWS1k2c0RjUy1wWEJOR3dCZ1lLNnhUQ3R6bnozTjhNRXVDSk5ta1hqSi1GQTdqanZDX2d0T3lXQnVnQkFCTGlmUjhVSTNqNXhaYlF0Z0lBWEV0WVNIVGx6c1B5VXh2Z05WTUNrZXdoVXU1UzE?oc=5) · Arizona Daily Star
- 2025-10-24 [Don't Fall for a Scam: How Hughes Federal Credit Union is Protecting Local Southern Arizona Residents - kgun9.com](https://news.google.com/rss/articles/CBMiywFBVV95cUxOWWZwbFNwQ3B3WmlUUmwzaHcxWmNUakVYUkVVSUNTbmgzSzl6TUg3SllLTXNWdVBfa0pZczhTdzVKRy1weVAtX0pCenJNWHVmNHZsazlpSURwRzA1eGdzT1pCV2lIU1oySHFNM1huTWdJQ2NHOWZXUDVPR24wVHdhdnRZSmJlMkJDZHZyS213M3RCTHY0RG44dVpvQTNCRmJTWXhhNkhsc3hURmcyeWlDTURTa1RSZWN2NWJocFZvTUNsVUxyMDhxQUp0cw?oc=5) · kgun9.com
- 2026-06-04 [Fox Tucson Theatre announces $5 million naming rights deal for new event center - KOLD](https://news.google.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?oc=5) · KOLD
- 2026-02-19 [Hughes Federal Credit Union announced ten $2000 scholarships for Class of 2026 graduating seniors - CUInsight](https://news.google.com/rss/articles/CBMi0wFBVV95cUxNRjg2VlBtQkNnOHl2bkg0QndtYU1qSDNINFpob2hfbmxkSWgwRnNUTnphQmdFMUE3aHFjN1Z6dlZESVR6ejdQYi1DRE1XTTJmaFBMZUZiZkRUM2ZKM0tCUWZRcWZZRGlnUXpZWTZzbzF1Qk9RV29aR1N0anprR05iZGZwdVRQUlltczVMVWlreTZHRjVnOWg5a1ZKQ0YxR2M1Q19WSkVjdllYclVUMnhPMnJNdXVZc09tQmN5ZFNGV3RjZ1ZsblVYR1B2WUpoV19uVHU4?oc=5) · CUInsight
- 2023-04-17 [AZ BIG Spotlight: Hughes Federal Credit Union, Plexus, Frazer Ryan - AZ Big Media](https://news.google.com/rss/articles/CBMinAFBVV95cUxQRHh4S0lRcF9SdnIwdUVoc0loUm5kNmtzR0ZHVWw5dFBDdEQ1MjhCV3lORkNneHhxRjBvazFWdDY5azlOdnI4d2dLXzEtb1VSN0lWcU9RU3JPU3AxRjFONW1WNnd5amRpcGg4UjhZcjg4SHVmZ1QwQVdNYzlWTlFseWNCTTA4UUZLYWhLMGtaQlo1TG05a0E3MnJuU2Y?oc=5) · AZ Big Media
- 2026-06-05 [Hughes Credit Union's $5M gift to transform Fox Tucson Theatre - kvoa.com](https://news.google.com/rss/articles/CBMi3wFBVV95cUxNNGpTWmFJbFlOemN6a0FQUzl1djd5ejYzekNOQjNtM2VZS05SSFRzQW5HWVFJQmlXUUUtNlFpQ2RrVFlqLUFSRDJxQ2dzRWJLRkVESjU3Q0h6Y3lnMDlVWXNlY1NNNFpUTVA5alNhUkhBZUJSczVSaEo4b1VlYVpiQ2djNW5GOFR1b2VPQzdGc0JJTF90bk95WnBnQnZFWFRpRzVlUW1aMmdJNmt2ckpfX0IyRHpCcG9UZHBpZ2c1VXZOajljOVRUQlg1c1Z4TDZfWjVDUGJEVGZ2M2t1ZkJ3?oc=5) · kvoa.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=7531 (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/43.json (key "7531", 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=7531
- 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