State credit union · Santa Fe, New Mexico · NCUA charter #65513
State Employees
Health score 71/100, grade B (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 71
- Health / 100
- $1.29B
- Total assets
- 53,700
- Members
- 10.9%
- Net-worth ratio
State Employees scores 71/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $1.29B; members 53,700; net-worth ratio 10.93%; health rank #3,539 of 4,374; healthier than 18th of scored peers.
Federal Call Report extract
NCUA 5300 Call Report Masthead
#3,539 of 4,374 health · 2025Q4State Employees · health 71/100 · $1.29B · 2025Q4
- CHARTER 71/100
- NCUSIF 10.9%
- CAMELS 5.10%
- HEALTH 0.51%
- NW $1.29B
- DELQ 53,700
- ROA #3,539/4,374
- ASSETS PATRIOT
- MEM 65513
Call Report peers
State Employees in the assets neighbourhood
State Employees's $1.29B assets sit next to PATRIOT ($1.29B) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
State Employees vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
71 18th percentile higher than 18% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
State Employees - Share Insurance Coverage
Read from the 2025Q4 NCUA Call Report for charter #65513: composite supervisory bracket and risk-based capital. Full deposit-insurance coverage details in our disclaimer.
Peer-gap read for State Employees
- Largest favorable gap: Return on Assets at 0.51% vs peer 0.51% (+0.00 pp).
- Delinquency Rate trails the peer set - 5.10% here, 0.87% peer average (+4.22 pp).
Peer averages are NCUA 5300 means for the Over $500M cohort (749 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
State Employees in New Mexico
- New Mexico health ordinal: #29 of 37.
- Assets rank #6 of 37 inside New Mexico ($1.29B reported).
- New Mexico membership ordinal: #7 of 37.
In-state ordinals use the live credit_unions table for NM only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
Quarter path for State Employees
State Employees: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +1.2% from $1.29B (2025Q4) to $1.31B (2026Q1).
- Net-worth ratio shifted +0.03 pp (10.90% → 10.93%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
This credit union's 10.93% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 71/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 71.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 0.0 pts
- Return on Assets 15.0 pts
- Member Growth 10.7 pts
- Loan-to-Share Ratio 15.3 pts
State Employees vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 10.93% | -0.25 pp |
| Delinquency Rate | 5.10% | +4.22 pp |
| Return on Assets | 0.51% | +0.00 pp |
| Member Growth | 1.41% | - |
| Loan-to-Share Ratio | 80.64% | -3.26 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
State Employees filing history
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $1.31B | - |
| 2025Q4 | $1.29B | 53,700 |
| 2024Q4 | $1.25B | 52,954 |
| 2023Q4 | $1.15B | 53,239 |
Credit Union Details
- Charter Number
- 65513
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- New Mexico
- City
- Santa Fe
- Data Quarter
- 2025Q4
Branch Locations (9)
Per its most recent NCUA branch filing, State Employees runs 9 offices in 6 different cities.
| Office | City |
|---|---|
| Corporate Office (Main Office) | Santa Fe, NM |
| State Employees CU Albuquerque | Albuquerque, NM |
| State Employees Credit Union Belen | Belen, NM |
| State Employees Credit Union Las Vegas | Las Vegas, NM |
| State Employees CU Los Lunas Branch | Los Lunas, NM |
| State Employees CU Rio Rancho | Rio Rancho, NM |
| secunm.org | Santa Fe, NM |
| State Employees CU Cerrillos Road | Santa Fe, NM |
| Back Office | Santa Fe, NM |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in New Mexico
Other federally-insured credit unions in New Mexico, closest first by peer group and asset size.
Nationwide credit unions with similar profiles
Cross-state asset and health neighbours for State Employees - kept outside New Mexico; in-state CUs stay in the Nearby block.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($1.29B here).
Similar health score
Nearest other-state credit unions by five-factor health composite (71/100 here).
Using this data
- State Employees ranks #3,539 of 4,374 nationally on financial health and #29 of 37 in NM -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Sandia Area is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Sandia Area
- Rates and health both vary by institution, not just by state -- see how New Mexico credit unions compare overall before assuming this one is typical. New Mexico state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is State Employees financially healthy?
A 10.93% net worth ratio and a 5.10% delinquency rate feed into State Employees's financial health score of 71/100 (Very Good), from NCUA 5300 Call Report data as of Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #3,539 of 4,374; by total assets it ranks #376 of 4,374 nationally (same basis as /rankings/largest); and #6 of 37 within New Mexico. The scale: above 80 excellent, below 50 warrants closer monitoring.
How does State Employees compare to other credit unions?
PlainCU's health composite puts State Employees at 71/100, compared to a peer group average for Over $500M credit unions. It's a weighted blend of five NCUA-reported figures: net worth ratio (30% of the score), delinquency rate (25%), return on assets (15%), member growth (15%), and loan-to-share ratio (15%).
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join State Employees?
Membership eligibility for State Employees depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact State Employees directly for current membership requirements and application steps.
Is my money safe at State Employees?
Federal credit unions like State Employees are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. State Employees's net worth ratio of 10.93% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does State Employees offer compared to banks?
Credit unions like State Employees are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact State Employees directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.