# ROCKET
McGregor, TX · NCUA charter 9799 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/rocket-9799

Who the members are: federal charter, community charter, organized 1954, low-income designated, minority depository institution. 2,933 members of 300,000 potential (1.0% of the field); checking penetration 41% (share draft accounts per 100 members); loans per 100 members 74.

**Verdict on the desk:** this could be *ordinary*. 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 | $29.3M |
| Members | 2,933 (-5.9% YoY) |
| Full-time staff | 10 |
| Net worth | $2.8M |
| Net worth ratio | 9.6% (p14 of band) |
| ROA (annualized) | 0.06% (p26 of band) |
| Total delinquency | 2.47% (p83 of band) |
| Net charge-offs (annualized) | 0.25% (p67 of band) |
| Loans / shares | 81% (p83 of band) |
| Cash / assets | 16.0% |
| Borrowings / assets | 0.61% |
| Net interest margin | 4.44% (p71 of band) |
| Operating expense / assets | 5.31% (p83 of band) |
| Vehicles % of loans | 40% (p26 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 4% |
| Third-party paper % of net worth | 21% (p92 of band) |
| Vehicle delinquency | 3.45% (p90 of band) |
| Vehicle NCO | 0.34% (p77 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 39% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 78% |
| Certificates % of member funds | 16% |
| Average share balance | $5,433 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.7M |
| Loans outstanding per 100 members | 74% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $9,716 |
| Loans granted, annualized | $4.5M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.7M outstanding purchased (61.1% of net worth), $67,166 sold and retained. Sold in 0 and bought in 3 of the last 8 quarters. Shares -2.4% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 2 | thin capital, repo signal |  |
| 2016-09 | 2 | net worth falling | repo signal |
| 2016-12 | 1 |  | net worth falling |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | losing money |  |
| 2017-12 | 2 | loans>95% of shares | losing money |
| 2018-03 | 1 |  | loans>95% of shares |
| 2018-06 | 4 | net worth falling, delinquency rising, loans>95% of shares |  |
| 2018-09 | 5 | leaning on borrowings |  |
| 2018-12 | 3 |  | net worth falling, leaning on borrowings |
| 2019-03 | 3 | delinquency 2x band | loans>95% of shares |
| 2019-06 | 4 | loans>95% of shares |  |
| 2019-09 | 5 | net worth falling |  |
| 2019-12 | 5 |  |  |
| 2020-03 | 3 |  | delinquency rising, loans>95% of shares |
| 2020-06 | 3 |  |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | net worth falling |  |
| 2021-06 | 2 |  | net worth falling |
| 2021-09 | 1 | charge-offs p90 | thin capital, delinquency 2x band |
| 2021-12 | 1 | delinquency 2x band | charge-offs p90 |
| 2022-03 | 1 |  |  |
| 2022-06 | 4 | net worth falling, delinquency rising, repo signal |  |
| 2022-09 | 2 |  | net worth falling, repo signal |
| 2022-12 | 2 |  |  |
| 2023-03 | 3 | repo signal |  |
| 2023-06 | 3 | assets shrinking | repo signal |
| 2023-09 | 2 | net worth falling | delinquency rising, assets shrinking |
| 2023-12 | 3 | losing money, repo signal, assets shrinking | delinquency 2x band, net worth falling |
| 2024-03 | 0 |  | losing money, repo signal, assets shrinking |
| 2024-06 | 3 | delinquency 2x band, assets shrinking, loan book shrinking |  |
| 2024-09 | 5 | losing money, members leaving |  |
| 2024-12 | 5 | expense trap, delinquency rising | assets shrinking, members leaving |
| 2025-03 | 6 | net worth falling, assets shrinking, members leaving | losing money, expense trap |
| 2025-06 | 2 |  | delinquency 2x band, loan book shrinking, delinquency rising, net worth falling |
| 2025-09 | 3 | delinquency 2x band |  |
| 2025-12 | 3 |  |  |
| 2026-03 | 3 | delinquency rising | assets shrinking |

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

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- 2026-08-20 [UAC selects Allen, Texas as home for basketball tournaments through 2029 - rocketcitynow.com](https://news.google.com/rss/articles/CBMi-AFBVV95cUxPc3lqMHV5Y3BLZjJnZ0ZXMWY4NG02eWE2LTRkb2FjNGVHRVNBYllHUTlGa19hUmVIX2U0QnJzU2N3NDhyV3lWMDA1YVo5MnJrT20tbkxVTGdTUU5BbnRxTUNrYzRSVkhCeUNmTlhwTHQ1Q3NlWDdfTGNpWkZuUHFFNjZWTGRlZ1laWGRXc2hhckhBRWZDY1U4RElYSVozY3BOekg3TUpDTVJBZjZYYTdOdGlWN0xlVm4zQXVBRy1pZ2F5Y0htWU9ocWFCZGc0MjVMZnJPQk9JQkdHeEJ2YkE5c3FsdVNRdTVDRGZVRjZLYkR0eGFUVVAtZQ?oc=5) · rocketcitynow.com
- 2026-06-23 [PenFed Credit Union Mortgage Review 2026 - NerdWallet](https://news.google.com/rss/articles/CBMihgFBVV95cUxNT1pxc18wSVF1ekY4d2FMRFNSUGNoNUhZSUNxckdobU9fNEkxUkVXdW5OM2tlbk0zamdQNXN5Um90bzFDazFqLTNTbmNZWHVpRS1zd0ZuZ09uM0hWRkF3R3ZTTkxYSkpMakNJX1R2dktqa28yMWxOQ3hwSWRnVW1kLS0tQXUyQQ?oc=5) · NerdWallet

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9799 (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/7.json (key "9799", 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=9799
- 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