TellerScore

State Employees Credit Union (NCUA charter #65513) is based in Santa Fe, New Mexico. Its Q2 2026 call report shows $1.3B in total assets and $1.1B in member shares and deposits and 6 offices.

Based on its Q2 2026 filing, State Employees Credit Union scores 46/100, which we describe as below average. That is higher than only 4% of 454 credit unions with $1 billion – $10 billion. Among 37 credit unions headquartered in New Mexico, it ranks 35th. Its strongest component is funding & liquidity (77/100; 83% loans-to-deposits, 5% uninsured), and its lowest is loan quality (0/100; 4.46%).

TellerScore · Q2 2026

Scorecard

Capital cushion64/100
Net worth ratio: 11.38%
Loan quality0/100
Loans 60+ days delinquent ÷ total loans: 4.46%
Earnings57/100
Return on assets (annualized): 0.91%
Funding & liquidity77/100
Loans ÷ shares: 83.4% · 4.7% uninsured
Problem-loan coverage41/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 29.36%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score fell 2 points (48 → 46), mostly because the earnings component weakened by 13 points.

TellerScore
425262Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202462
Q3 202456
Q4 202455
Q1 202556
Q2 202548
Q3 202546
Q4 202547
Q1 202642
Q2 202646
Net worth ratio
7.00%9.19%11.38%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 202410.60%
Q3 20249.99%
Q4 202410.03%
Q1 20259.99%
Q2 202510.27%
Q3 202510.50%
Q4 202510.90%
Q1 202610.93%
Q2 202611.38%
Delinquent loans (60+ days)
1.29%3.19%5.10%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20241.29%
Q3 20241.33%
Q4 20241.52%
Q1 20252.02%
Q2 20253.66%
Q3 20254.50%
Q4 20255.10%
Q1 20264.89%
Q2 20264.46%
Return on assets
0.38%0.82%1.26%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.91%
Q3 20240.38%
Q4 20240.53%
Q1 20251.16%
Q2 20251.24%
Q3 20251.15%
Q4 20251.26%
Q1 20260.66%
Q2 20260.91%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202646$1.3B11.38%4.46%0.91%83.4%
Q1 202642$1.3B10.93%4.89%0.66%80.7%
Q4 202547$1.3B10.90%5.10%1.26%80.6%
Q3 202546$1.3B10.50%4.50%1.15%76.0%
Q2 202548$1.3B10.27%3.66%1.24%76.1%
Q1 202556$1.3B9.99%2.02%1.16%75.3%
Q4 202455$1.3B10.03%1.52%0.53%78.5%
Q3 202456$1.2B9.99%1.33%0.38%77.6%
Q2 202462$1.2B10.60%1.29%0.91%80.3%

454 peers · $1 billion – $10 billion

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio11.38%
61st
Problem loans4.46%
0th
Net charge-offs1.05%
11th
Return on assets0.91%
61st
Loans to deposits83.4%
63rd
Uninsured deposits4.7%
89th
Loan-loss reserves0.00%
50th
Texas ratio29.4%
1st

Similar-size credit unions in New Mexico

InstitutionScoreAssetsCapitalProblem loansCompare
Sandia Area Federal Credit UnionCredit union Albuquerque, NM75 out of 100, Strong$1.4B11.4%0.15%vs
First Financial Credit UnionCredit union Albuquerque, NM50 out of 100, Below average$1.1B8.1%1.40%vs
U.S. Eagle Federal Credit UnionCredit union Albuquerque, NM21 out of 100, Low$1.5B7.8%6.91%vs
Kirtland Federal Credit UnionCredit union Albuquerque, NM71 out of 100, Strong$1.1B12.4%0.79%vs
Del Norte Credit UnionCredit union Los Alamos, NM66 out of 100, Moderate$1.5B9.4%0.45%vs
Sunward Federal Credit UnionCredit union Albuquerque, NM60 out of 100, Moderate$4.6B8.9%0.40%vs

Deposit insurance

Is my money safe at State Employees Credit Union?

Yes. State Employees Credit Union is a federally insured credit union (NCUA charter #65513). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 4.7% of shares and deposits ($53.3M) are above the $250,000 NCUA insurance limit, below the peer median of 9%. Insured balances are protected regardless of the score.

The net worth ratio is 11.38%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

6 locations

Branches

State Employees Credit Union lists 6 offices in 4 cities. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
State Employees Credit Union
Type
Federally insured state-chartered credit union
NCUA charter #
65513
RSSD ID
301293
Primary regulator
State + NCUA
Established
1958
Headquarters
1611 Calle Lorca, Santa Fe, NM 87505
Employees
212

Quick answers

State Employees Credit Union: common questions

Is State Employees Credit Union NCUA insured?

Yes. State Employees Credit Union is a federally insured credit union (NCUA charter #65513). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is State Employees Credit Union's TellerScore?

46 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does State Employees Credit Union have?

6 offices as of the latest NCUA data.