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
Call Report peers
State Employees in the assets neighbourhood
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State Employees vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); State Employees sits in 70-74 with 317 others.
71 18th percentile higher than 18% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
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).
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.
- One place up in New Mexico, QUESTA (#28) scores 76/100, 5 points higher; one place down, Rio Grande (#30) ties at 71/100.
Quarter path for State Employees
State Employees: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +1.2% from $1.29B (2025Q4) to $1.31B (2026Q1).
- Net-worth ratio shifted +0.03 pp (10.90% → 10.93%).
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
State Employees gives up 29 points in total. Delinquency Rate costs the most, 25 of its 25; Net Worth Ratio and Return on Assets and Loan-to-Share Ratio score full marks.
- 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 |
Peer averages: Over $500M cohort, 749 credit unions, 2025Q4 filing.
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
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
Frequently Asked Questions
Is State Employees financially healthy?
On its 2025Q4 NCUA 5300 filing, State Employees scores 71/100 (Very Good), with a 10.93% net worth ratio and 5.10% of loans delinquent. It ranks #3,539 of 4,374 nationally on health and #29 of 37 in New Mexico.
How does State Employees compare to other credit unions?
State Employees scores 71/100, higher than 18% of the 4,374 scored credit unions. Against the 749 peers in the Over $500M cohort, its widest edge is return on assets (0.51% vs 0.51%). Its widest shortfall is delinquency rate (5.10% vs 0.87%).
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?
State Employees is a state-chartered credit union; its shares are federally 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."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.