# NUSENDA
ALBUQUERQUE, NM · NCUA charter 948 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/nusenda-948

Who the members are: federal charter, multiple common bond, organized 1936, low-income designated. 295,895 members of 4,649,066 potential (6.4% of the field); checking penetration 70% (share draft accounts per 100 members); loans per 100 members 65.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $4.97B |
| Members | 295,895 (4.4% YoY) |
| Full-time staff | 944 |
| Net worth | $438.6M |
| Net worth ratio | 8.8% (p11 of band) |
| ROA (annualized) | 0.36% (p20 of band) |
| Total delinquency | 0.79% (p68 of band) |
| Net charge-offs (annualized) | 0.46% (p43 of band) |
| Loans / shares | 78% (p28 of band) |
| Cash / assets | 3.1% |
| Borrowings / assets | 0.81% |
| Net interest margin | 3.75% (p78 of band) |
| Operating expense / assets | 3.74% (p77 of band) |
| Vehicles % of loans | 34% (p66 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 80% |
| Third-party paper % of net worth | 213% (p69 of band) |
| Vehicle delinquency | 1.04% (p80 of band) |
| Vehicle NCO | 1.00% (p51 of band) |
| Repossessed % of vehicle book | 0.14% (p69 of band) |
| Real estate % of loans | 22% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 282% |
| Core shares % of member funds | 59% |
| Certificates % of member funds | 25% |
| Average share balance | $6,843 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $3,890 |
| Loans outstanding per 100 members | 65% |
| Loans granted per 100 members, annualized | 23% |
| Average loan balance | $17,951 |
| Loans granted, annualized | $1.07B |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $3,890 outstanding purchased (0.0% of net worth), $18.6M sold and retained. Sold in 2 and bought in 0 of the last 8 quarters. Shares 5.6% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 3 | net worth falling, margin squeeze |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 4 | delinquency rising |  |
| 2021-03 | 5 | delinquency 2x band |  |
| 2021-06 | 3 |  | net worth falling, delinquency rising |
| 2021-09 | 3 |  |  |
| 2021-12 | 1 |  | margin squeeze, delinquency 2x band |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 3 | thin capital, leaning on borrowings |  |
| 2023-09 | 3 | delinquency rising | thin capital |
| 2023-12 | 4 | thin capital |  |
| 2024-03 | 4 | net worth falling | delinquency rising |
| 2024-06 | 4 | delinquency rising | net worth falling |
| 2024-09 | 3 |  | delinquency rising |
| 2024-12 | 2 |  | leaning on borrowings |
| 2025-03 | 3 | assets shrinking |  |
| 2025-06 | 3 |  |  |
| 2025-09 | 1 |  | thin capital, assets shrinking |
| 2025-12 | 3 | thin capital, delinquency rising |  |
| 2026-03 | 3 | net worth falling | delinquency rising |

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

- 2026-02-26 [The University of New Mexico and Nusenda Credit Union Announce 10-Year Naming Rights Partnership for University Arena – The Pit - New Mexico Lobos](https://news.google.com/rss/articles/CBMi8wFBVV95cUxQYzZ6bGlJMDloWURpTlR5NlB0VlRSODJzQ1lXVUFPZmxCdFFucTBOanJReXF5X3hlUjJfbnNjRTVFOHlPSGVFZ3ZhQTVSMzVlSjhMS2FadzdBaHRScU1pbFpncjlEYkJFZzYyYnIwVjhNM01mZDNOZkdkQ2M5V2FEWllPbGFpeDFBcjA0bEpJOGV6RGp3MHVYaEItUXc3THY5TURoZE8wTGZrOW01Wk13cHhla3hhbmZqREpUaGxpZ1FvOHhtenlQLWZLU3JqVEhHcjV2YmhpbXU3YlBHZm00M1N6WktNNVJJX2Z4M3ZGeUZ1ZG8?oc=5) · New Mexico Lobos
- 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
- 2025-10-10 [Duel in the Desert Presented by Nusenda Credit Union to Feature Head-to-Head Competition Between Aggie Squads - New Mexico State University Athletics](https://news.google.com/rss/articles/CBMi-AFBVV95cUxQbkxzNnZiU2k2dThlVXRQSTZCSlZhM0sxZXlBRE5XSUFxS1NHbEFkcG50dlBtTElGUWtXN25IWXVHcWQ5TVN5UGhQRjZENTBRSl9fd2RoMzdNM1NBOWE2eHZqUE1WaHZWeVZvQXJjOUNiWkUtdktCMFQtbWJycFNLOFpPWUZNaGRmZm84QnVRYUkxOGxaRk1pd3RMU2xsam14MWNuSUxzN0hYSWNaMGxaVEUzUldFV3dIYjNXdUhHSVJXdVRQdmoyb2YwUHBJQ1EzdnN4Uk8tWjhvcGo5a2FuVUNlcXFOS3M3MkRQdkt4QVBmd21NWjhSdA?oc=5) · New Mexico State University Athletics
- 2026-04-07 [What's that new development on Edgemere Boulevard in East El Paso? - El Paso Times](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNV0JGMGJyYmthV1E5SmtaaEhERlYtTFJhUjdKZ2IzaVh4RXhqcExhbnEyNHhUeHdWOXowUkZXcDZ4MXZsenZxa01xYnV3NlJYbEw2UkJFU1VMYWdQeUdTVEFIRS1wU2dKWWRIY240dzgtMnNIVEpaS3Y2RHN5Nnl6Um9mTjdsMTBfTHhSczlsWTctTnJlWVROQjBHY1VWMERxMk5DRE0tNVpwQzNEZUUxRjhzTC1QWVJjclRmREpTMWo4WUd1RDA2ejRHOWZYUDZpOHp1T3lSZGQ5SVlj?oc=5) · El Paso Times
- 2025-06-02 [NM State Athletics and Nusenda Credit Union Announce Five-Year Partnership - New Mexico State University Athletics](https://news.google.com/rss/articles/CBMixwFBVV95cUxQR1hjTlhFZWNlSGFiS29VZHgwQ2xmekNiNTN4aGNQWFdLTzg2MmZ2eTl2QWVVazdiVXJmLTlDTFo0TzFXRVc0UFZMb2trOTkxTDE3UEpwTk13Z0hBcjlqSllSQWdWdl9COWVXQklHZTJSOEl5bGgtWklGalNXakI2VHhaZG4yUXRtUjhUeUc2RnlLQktYVjAzNWJVcHFsTlMzaVlWQ2VqcHNZU2FZSkdXRHJRTzZsOXg1U1ZXdHZ1RndLdUd0OEpj?oc=5) · New Mexico State University Athletics
- 2025-10-20 [36th Annual KOATs for Kids - Donate a New Coat for Kids Across New Mexico - KOAT](https://news.google.com/rss/articles/CBMirgFBVV95cUxOV0l6WGtTUVRkOGNlZk5FcWdlN2lDY0VkaFcyeUdvcDh0TjFJVkhoMnpmeVQ0ZmNQM0RQRXVvSDdyOW5SRmVRaEs0TkpCUkl3VFp0YnVNTk02VnhpRUxxeEw4X3hsMFJIZTRveGxOcDgwc0hlYi1fMDdDYThMRUJzdVU3X3l5aHNHZ2N5Z2RqOG9jWmYzSXNVOXlTRmhWZnh3REMtZlduaHdPbzFFSnc?oc=5) · KOAT
- 2024-03-12 [Nusenda Credit Union completes acquisition of Western Heritage Bank - KOB 4](https://news.google.com/rss/articles/CBMioAFBVV95cUxPMDcwbkJqY0xZOUg2dzBLS1FQeGE5ZjktRTRzQ2ZsZUtTLTN3STh6T3FPMmJZWWpmdGF5alk4c0FJWFdCcWZGQkxybkhUajJfZlVtTmlSZzBTNjRtYkZnTE9RckJPUnZZZHNvUXJpeC1yc1ptRzBBdUQ4a1V2cWZ2bGh6akptdlJ5aVJBQ0lfWnI5eUJ3dFMxVzg0MlJxa0p2?oc=5) · KOB 4
- 2022-09-27 [New Mexico Tech and Nusenda Sign Collaboration Agreement - New Mexico Tech](https://news.google.com/rss/articles/CBMiZkFVX3lxTE4zLTJacUFHNWxNbmY4OHM3WHlHcE56S1ROeVloSjc0VUxsdEdzMUs0NFJMZmFCbHBxMmpTdktHMlNBaVFDdVUxU1ZvN3lEcnhqQnN4S1dDa2g5VFZwcGx5azlybWVMUQ?oc=5) · New Mexico Tech

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=948 (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/52.json (key "948", 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=948
- 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