# SANDIA AREA
Albuquerque, NM · NCUA charter 11316 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/sandia-area-11316

Who the members are: federal charter, community charter, organized 1956, low-income designated. 70,188 members of 898,912 potential (7.8% of the field); checking penetration 49% (share draft accounts per 100 members); loans per 100 members 69.

**Verdict on the desk:** this could be *auto monoline*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.41B |
| Members | 70,188 (-26.6% YoY) |
| Full-time staff | 206 |
| Net worth | $158.8M |
| Net worth ratio | 11.2% (p60 of band) |
| ROA (annualized) | 1.21% (p83 of band) |
| Total delinquency | 0.18% (p7 of band) |
| Net charge-offs (annualized) | 0.20% (p15 of band) |
| Loans / shares | 98% (p85 of band) |
| Cash / assets | 6.5% |
| Borrowings / assets | 0.71% |
| Net interest margin | 3.13% (p38 of band) |
| Operating expense / assets | 2.35% (p14 of band) |
| Vehicles % of loans | 62% (p98 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 75% |
| Third-party paper % of net worth | 395% (p94 of band) |
| Vehicle delinquency | 0.17% (p8 of band) |
| Vehicle NCO | 0.29% (p9 of band) |
| Repossessed % of vehicle book | 0.10% (p58 of band) |
| Real estate % of loans | 15% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 116% |
| Core shares % of member funds | 35% |
| Certificates % of member funds | 46% |
| Average share balance | $7,398 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $10.2M |
| Loans outstanding per 100 members | 69% |
| Loans granted per 100 members, annualized | 20% |
| Average loan balance | $25,079 |
| Loans granted, annualized | $475.8M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $10.2M outstanding purchased (6.4% of net worth), $10.7M sold and retained. Sold in 2 and bought in 3 of the last 8 quarters. Shares 7.3% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **loans>95% of shares** (`str_ltos`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | loans>95% of shares, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 4 | members leaving |  |
| 2019-06 | 4 |  |  |
| 2019-09 | 4 |  |  |
| 2019-12 | 4 |  |  |
| 2020-03 | 4 | net worth falling | members leaving |
| 2020-06 | 4 |  |  |
| 2020-09 | 4 |  |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 3 |  | loans>95% of shares |
| 2021-06 | 3 | loans>95% of shares | net worth falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 2 |  | loans>95% of shares |
| 2022-03 | 4 | delinquency rising, loans>95% of shares |  |
| 2022-06 | 3 |  | delinquency rising |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 |  |  |
| 2023-06 | 4 | delinquency rising |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 3 |  | delinquency rising |
| 2024-03 | 3 |  |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 4 | delinquency rising |  |
| 2024-12 | 3 |  | delinquency rising |
| 2025-03 | 5 | net worth falling, delinquency rising |  |
| 2025-06 | 4 |  | net worth falling |
| 2025-09 | 4 | members leaving | delinquency rising |
| 2025-12 | 5 | delinquency rising |  |
| 2026-03 | 4 |  | delinquency rising |

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

- 2026-06-16 [Sandia Area Federal Credit Union Partners With Food Depot To Expand Food Access In Northern NM - ladailypost.com](https://news.google.com/rss/articles/CBMiuwFBVV95cUxNY1Eya0laN1hJdlplQmMtWlBBbHd6blQwSmIwM0pfQTdBOFdhNUlOLXAwZUNvbWVnelBMRWU4R1ZwQTdScXZma0tXWmNhYkZSQTlQaFdYUm9XSHJFRl9ER3IzQjcxaEZTeURwRFVkTVZGZTE5eFN2RUFPb3hsVzZDTXFnV0ZUYUZfREt3OFpJY08zcUh0YmJiY19oQTRzd1R6OVlPUkg5aGxjU3hXMXJycmtBXzF1Qk1KZC1v?oc=5) · ladailypost.com
- 2026-04-15 [Sandia Area Credit Union hosting free shredding event to help hungry families - KOB 4](https://news.google.com/rss/articles/CBMixgFBVV95cUxNbDBjUU4tY0lYUk8wcGdBOFFXcW13dEM4ZkEwR0JiLXBrekVtX1VDUmtZek9INUhKeWk0TDRHTHdVNnVVT1ppOWNZQ3ZYUER4MWZnUEtUWXBaQTFpOGtWdm9ZSEdJZUc5SmxMbWx2aDdZbUFaTWZid2dtN3YwaC1BUTRHczJDRVAweWlsZ0x5X1FaVnVRWjlJRzllNTNhc2RnQ0RZb3d0M0YteUpBN2c2SGh6MzM2M1BvdTZHUjdYQzM1UFBOU1E?oc=5) · KOB 4
- 2026-07-24 [Sandia Area Federal Credit Union partners with Locker #505 - KRQE](https://news.google.com/rss/articles/CBMingFBVV95cUxPMm44OW9KX2tRVEJWbU9neGI4ZkpPWUNyTFdRRENIUzVOYldCN1puaGpmdXdjb0RLbkxQTHJidDlUWkJfTkJaNm9USXR5WGJDWWdhUldUSk9OdEE1b0Ryakt3WWlmOEJxMUJLV0lwNmJfTmFTZTBBQXo0NjllakQydHNXVFlsRURKN3AzazJJSHU0TkJ3WjJRS0FQUWlQZ9IBowFBVV95cUxQSnFNVDNERm5WQlZYbGU2Z242OW1MUjltbkEtekJqTmJrX19sTkxFUmQzUzdLX2pzNHdyRkhsQWE0cEtiZkxGSjdta3dYQ28zVnYxYVplZGR1QkJNdGlKc1RPNEVXQmk3MWpVM0UwQlMzMzRKdmRvcDRpR09ZQ2lPdmVsZFJjbnBHUFdtdlowbjJCOWpISUpaUmlwdHc2ODBORU1V?oc=5) · KRQE
- 2025-05-15 [RR Sandia Area Federal Credit Union celebrates renovation - Rio Rancho Observer Home](https://news.google.com/rss/articles/CBMiogFBVV95cUxORFVQYjl0cmxtbW1CZkJ1NFd2STFaVHNnRWJBamNnXzRsVXR5UnZRVDhKWm92WE1YUk5GRmlxTnRvREY5dTRzTFIwbGxyeEZXVWFCbF9BalYwcWRSYk9SdVJCaE1DU2o0OTctb1NlLXdZenBZQTMyRm1kTlh0V0NEdHdWZUkzVndtOFExYVR4N2g2YU1TclE1Y3NMYkc2MXJjMkE?oc=5) · Rio Rancho Observer Home
- 2022-07-18 [Sandia Area Federal Credit Union grows employee count, plans new facility near Journal Center - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPdnlkMVlYNnUxalRiYTNrQnNyallqNlNQMjNwR2pENGx0UEJqcGlKQUNkYXhTbnhkWWczVUZ3c1Rpak5POVJMMzFHYlFVZWZ5Wk10TE5pMEg0WlZhMHFvaDdvTUpsYUMwTDNfM3JaNTVTVEpsWDlMeXdfUDNVaXp4V1MtSEk0OXVUREp4bVA4RVVIUXdQbklmdW9qM2pta0c2RWpkRTJxczhyQQ?oc=5) · The Business Journals
- 2026-08-16 [Sandia Area Federal Credit Union partners with Locker #505 - KRQE](https://news.google.com/rss/articles/CBMimgFBVV95cUxQbE84N1BUNVJFVnJya3NHOS1IT2swRTF4UkhRODZlR3VoS0JaVWpweGJ2d1Q0bjNCRUZkNVIxVVNRNG01dlVtT1RaRi1BczFfMWt4ZWJuTU5UN2ZmUi1JZGFNLXBRVktOM3FBVlY1bjBLbUZrSmNCZk8xcVZjVzNJajVXUTJBaFZDc1hnZzYwME4tUVQ0blg5RGxn?oc=5) · KRQE
- 2025-11-24 [“FACE the Hunger” campaign underway to support Storehouse New Mexico - KOB 4](https://news.google.com/rss/articles/CBMiowFBVV95cUxNZDgzSGpVcFZCTlE5a0RYbUQ5bVZqcXFLblo3a2dDU3psSV9zNVBFODBYOUtPbDF2Qnd3Nk1iMHQ0dzZ4bHBKRDhCZHNqZC1TSmVWNVJrcWZ5Y2NubVJUai01ZGNzcWN1MzM4Si0yQzJMWnM5V28yeE1QQW03T0YxMzhtMkVTeEM4YkhmaXpvTFlPY0FWcWZ6NmFhSHE5Tms1TlFF?oc=5) · KOB 4
- 2025-06-13 [Sandia Area Federal Credit Union warns about employment scams - KRQE](https://news.google.com/rss/articles/CBMiowFBVV95cUxOZ2EwMnpUUEp0ZTVJZDNremtkenNiMk5pTDB1S205dDVaNUlIS3BEZWxzZXBnZk04dEt0R1ZXU1ZFTXJpVzZIbFlBWDk2S1M2alRXRlVheGdGX1RQYTVZejltSnFucEVfclpVM3BTMjhrX1RVY3JsSkdzajhJbERKcWl2czZVMzhjVFpteHd0RFhQbGZvRXp3eGxIb05JdS1fVWxN0gGoAUFVX3lxTE9pMTFGaXRUMzl6RjZVY3d0c0ZtVmRBMElRTGJmbmFTcVdTamJNOFRoY1llOUpKek1DT0xnUmNscEI3RndvdVp1YnE2M1YwTWdnQlpCNGlNTGpPME9DY3l1MHNzY3B4Y0NCZFJzblNMR2VfZC1hZVNEdWxhNXF3T3VjdVlXdGU5d19Sb1p5MENlOFlPaU5EeFBNS1FYcklBMVY1c2pRZU5KSQ?oc=5) · KRQE

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=11316 (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/52.json (key "11316", 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=11316
- 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