# OTERO
Alamogordo, NM · NCUA charter 8475 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/otero-8475

Who the members are: federal charter, community charter, organized 1953, low-income designated. 33,841 members of 214,022 potential (15.8% of the field); checking penetration 57% (share draft accounts per 100 members); loans per 100 members 45.

**Verdict on the desk:** this could be *auto monoline*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $532.5M |
| Members | 33,841 (-0.5% YoY) |
| Full-time staff | 98 |
| Net worth | $81.0M |
| Net worth ratio | 15.2% (p94 of band) |
| ROA (annualized) | 1.67% (p95 of band) |
| Total delinquency | 0.22% (p14 of band) |
| Net charge-offs (annualized) | 0.54% (p61 of band) |
| Loans / shares | 55% (p8 of band) |
| Cash / assets | 13.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.66% (p67 of band) |
| Operating expense / assets | 2.79% (p15 of band) |
| Vehicles % of loans | 61% (p96 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 74% |
| Third-party paper % of net worth | 144% (p60 of band) |
| Vehicle delinquency | 0.22% (p14 of band) |
| Vehicle NCO | 0.72% (p41 of band) |
| Repossessed % of vehicle book | 0.34% (p91 of band) |
| Real estate % of loans | 24% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 6% |
| Core shares % of member funds | 64% |
| Certificates % of member funds | 22% |
| Average share balance | $7,266 |
| Participations bought / yr | $12.0M |
| Participations sold / yr | $0 |
| Participations outstanding | $12.0M |
| Loans outstanding per 100 members | 45% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $16,265 |
| Loans granted, annualized | $89.1M |

## Participation posture (from the same filings)

Bought $12.0M and sold $0 in the latest annualized quarter; $12.0M outstanding purchased (14.8% of net worth), $0 sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares 4.8% year over year.

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 | repo signal |  |
| 2016-09 | 2 |  | repo signal |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 3 | net worth falling |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 4 | delinquency rising |  |
| 2021-03 | 5 | margin squeeze |  |
| 2021-06 | 2 |  | net worth falling, delinquency rising, margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 3 | delinquency rising |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | delinquency rising |
| 2023-06 | 2 |  |  |
| 2023-09 | 3 | members leaving |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 5 | net worth falling, repo signal |  |
| 2024-06 | 3 |  | net worth falling, repo signal |
| 2024-09 | 4 | delinquency rising, repo signal | members leaving |
| 2024-12 | 3 |  | delinquency rising |
| 2025-03 | 3 |  |  |
| 2025-06 | 2 |  | repo signal |
| 2025-09 | 3 | repo signal |  |
| 2025-12 | 3 |  |  |
| 2026-03 | 2 |  | repo signal |

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

- 2026-06-10 [Best Certificates of Deposit (CD) in New Mexico for 2026 - moneyrates.com](https://news.google.com/rss/articles/CBMiakFVX3lxTFBlSHl6ZzdHbENVc2w2TWc2bWlENVdrUWZWbGtqbGtDVVR4Y19iOXdBdTRpV0xXVk9FaXBkd0ROZThMazVrLVNEY1dyOFJCaEFhbWM5bDZaZmNzZVM4V0R0SzM0bmY1dXJLNnc?oc=5) · moneyrates.com
- 2026-07-03 [Otero County Communities Gear Up for Patriotic July 4th Celebrations Marking America’s 250th Anniversary - Each Community Details - 2nd Life Media Alamogordo Town News](https://news.google.com/rss/articles/CBMi0AFBVV95cUxQaGNvNmk2T3BjX2ZSQzlrZmtYU0t4aXU2WTJxSktZbjVGZGg0eGZ3S29EZksyOEduOFR3QzdwVE5oZ1laUktza05ESEVXTzItZzBMRVZBODBsSXJLazBacGdsVE5jb2NFcC1DZGxqcjdOejd6cTZ5U2tEY3YyNUppZExKV0h2TTRmcHhYLWNpU053a3RkTmZfRXBUY0pHV2hrd3pXWGozX1l0SVZhdi1mV0hvS25SMUF4dlJ3NGR1N2U1Y3hYeWV5TE5aNDlPTlc0?oc=5) · 2nd Life Media Alamogordo Town News
- 2026-06-30 [Alamogordo’s 4th of July Parade Returns with Community Pride — Followed by VFW Post 7686 Open House - 2nd Life Media Alamogordo Town News](https://news.google.com/rss/articles/CBMi1wFBVV95cUxPa1FtUGFfRFVURm9lWDdRcGlzaXQ2Y3VnSDdiNk5pRTh4SXJLcFJCOUYyVEx6VzNyNER0eDMwcC1xZ1lrM2FwekZ0M0VrQnRUSmpfWHRjcGhyR2ZpUHZsZGN0dFo4TGd3dklvbVBHTmh1cEZTWFZRRVg5aFdsU3JibW1ua3hUMUJSdFlxZXBLaHFLVWtZbEx5UTdDcFY3NFlBS29hc3JCUDFEcXRZTmdvQmo0YWxwVjc4aHF3MHRBV3l0MDRPV3hVbXZRWnJWbWd3NF9ja2lwdw?oc=5) · 2nd Life Media Alamogordo Town News
- 2020-10-05 [Mescalero graduates Class of 2020 - The Des Moines Register](https://news.google.com/rss/articles/CBMirAFBVV95cUxOOTBEdUNBZ2xkaG9ZeGJZV0hLdDJKb3BHRXdCZDZfTVpFdng4dkR2VlBQTHd5bVJ1OWhuQnVkVWdKeGU2T1duVDdlMnJ1UEhBMEFmZU93cGQzand6djdUb2VUOGI3b1NJbmVmUTJxLUNRUXdLcHQ3czB6RkRzMnp0SU5TM1V4cW1tTTB3MkI3TXN2VmpST2E0TEdzM3dqMU1sMThZVFJOS3hwbXl1?oc=5) · The Des Moines Register
- 2025-09-10 [Dolores Louise McKinney Obituary (2025) - Roswell, NM - Ballard Funeral Home & Crematory - legacy.com](https://news.google.com/rss/articles/CBMihgFBVV95cUxQWV9XRG93WnJCM0VKRHlZSFo1cW1FVkUwT08wZW9VWi1jdVk3aTZwV0t1UHJnLUZ1dWJEbF9VREh6cVY3TExreXl6djIzc1hDQ0VlcWd2amZwYlhyeUpPdjI3d0NWQURfd1l3clI2MVZZREpVWjFwaWpFekI2NHh3d2VPRDhUUQ?oc=5) · legacy.com
- 2023-03-16 [Ronald Bruce Maestas Obituary March 16, 2023 - French Funerals & Cremations](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFB1S2UwcHUxSlhnLTJSTk55ZnlQNHV5UEJvRERETnpobkpJRzRNakRCeHA0c3RNUUdaUE1XUjFaTGZtUUF4eWhrTmVYaEk2RGtCTnRERTdsR3VKU2JpMzhxYXA1QnlrWWc?oc=5) · French Funerals & Cremations
- 2023-04-11 [Ronald Maestas Obituary (1949 - 2023) - Albuquerque, NM - Albuquerque Journal - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxNMzM4bkNVUHZNSWlUbWkyYVhmT08zV1c5VW9rUUdQSXotWFgzNUdqdmJVeXgzTmF5NFcwRlhhLTFDT3U2TkxGaDloWFVGcmpvQWd5RDdYUk1TcXEwQ1NoaVZlU1c1ZUItMVpZZWtnNjR4NklzVl9uNmF4S0hjd1Vyd1o5ZXJTa280Nm16MlJkOGxodw?oc=5) · legacy.com
- 2026-02-25 [Community Champions Shine at Thrive in Southern New Mexico’s Sold-Out Mardi Gras Awards Gala - 2nd Life Media Alamogordo Town News](https://news.google.com/rss/articles/CBMi1gFBVV95cUxPeG5Bc1hjZkM3ZVFGTi01alNIeGQ3Qm1mNmxIUEJJWXNoYUtkLTd3QmRpY2s3SkpUMy1vV1E1eUV1dTlPaEZLVUt0bzBnSEhQS25rVmpBOFVuN0g4QTZIVlN2U2cyY0sxVDBEWUlxS1VJeVNqdDgxNjBhazk2ZG9WZ1E2cXV6cVhqdWdwRlRYZjlCOERpZU9NUkJQZDZHSFJ5a1doNV9uLWtpU1Fob0I5ZjVfamkyZldTWEhHaUtXUjFvUHoyTUhMWnJseHA3WXVZN1k4NnlR?oc=5) · 2nd Life Media Alamogordo Town News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8475 (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 "8475", 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=8475
- 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