Credit Union Safety Analysis
Is State Employees Credit Union Safe? Santa Fe, New Mexico
Based on its Q2 2026 NCUA 5300 call report, State Employees Credit Union has a net worth ratio of 11.38%, at the NCUA level for well capitalized, its 60-day delinquency ratio is 4.46%, and its shares are NCUA insured up to $250,000 per member.
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Short answer
On its Q2 2026 NCUA 5300 call report, State Employees Credit Union's net worth ratio is 11.38%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 11.38%
- Delinquency ratio (60+ days) (Q2 2026): 4.46%
- Return on assets (Q2 2026): 1.16%
- Loan-to-share ratio (Q2 2026): 83.42%
State Employees Credit Union (NCUA charter 65513, established 1958) reported $1.29B in assets and 56,434 members for Q2 2026 from Santa Fe, New Mexico. It ranks 6 of 37 credit unions in New Mexico by total assets. Total assets fell 1.1% from $1.30B on June 30, 2025. It has 2,891 more members than on June 30, 2025 (+5.4%). Its net worth ratio was up 1.11 percentage points from 10.27% on June 30, 2025. Used vehicle loans are its largest loan category, $255.7M of $949.2M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 4.46% is above the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026.
Data as of · sourced from NCUA 5300 call reports. How we update
Scorecard by dimension
Median of the 454 credit unions with $1B to $10B in assets: 10.89%; middle half of peers: 9.81% to 12.63%.
Earlier filings: 10.93% for Q1 2026; 10.27% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 0.68%; middle half of peers: 0.45% to 1.05%.
Earlier filings: 4.89% for Q1 2026; 3.66% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 0.89%; middle half of peers: 0.59% to 1.25%.
Earlier filings: 0.66% for Q1 2026; 1.34% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 88.03%; middle half of peers: 78.23% to 95.19%.
Earlier filings: 80.73% for Q1 2026; 76.07% for Q2 2025.
Loans by type, Q2 2026
- Used vehicle loans: $255.7M
- 1- to 4-family residential and other consumer real estate loans: $249.4M
- Commercial loans: $217.1M
- New vehicle loans: $177.3M
- Other unsecured loans and lines of credit: $26.6M
- Other secured non-real estate loans and lines of credit: $15.1M
- Unsecured credit card loans: $8.0M
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $1.29B | 11.38% | 4.46% | 1.16% | 83.42% |
| March 31, 2026 | $1.31B | 10.93% | 4.89% | 0.66% | 80.73% |
| December 31, 2025 | $1.29B | 10.90% | 5.10% | 1.55% | 80.64% |
| September 30, 2025 | $1.30B | 10.50% | 4.50% | 0.96% | 76.03% |
| June 30, 2025 | $1.30B | 10.27% | 3.66% | 1.34% | 76.07% |
| March 31, 2025 | $1.29B | 9.99% | 2.02% | 1.16% | 75.27% |
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Free to use. It shows State Employees Credit Union’s latest filed figures and updates each quarter.
How we score this
Net worth ratio: NCUA well capitalized at 7%, adequately at 6%. Our bands, pass to fail: delinquency 1% to 2%, ROA 0.5% to 0%, loan-to-share 85% to 100%. Not a credit rating. Methodology.
State Employees Credit Union profile
Regulator records: NCUA credit union profile (charter 65513) · FFIEC NIC profile (RSSD 301293)
Frequently asked questions
Is State Employees Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, State Employees Credit Union's net worth ratio is 11.38%, above the 7% NCUA threshold for well capitalized.
Is State Employees Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. State Employees Credit Union is a federally insured credit union (NCUA charter 65513): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are State Employees Credit Union's key safety ratios?
For Q2 2026, State Employees Credit Union reports net worth 11.38%, delinquency 4.46%, ROA 1.16%, loan-to-share 83.42%.
What happens to my money if State Employees Credit Union fails?
For Q2 2026, State Employees Credit Union held $1.14B in shares and deposits for 56,434 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.