# CORRECTIONS
Soledad, CA · NCUA charter 13254 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/corrections-13254

Who the members are: federal charter, multiple common bond, organized 1959, low-income designated, minority depository institution. 3,620 members of 25,560 potential (14.2% of the field); checking penetration 44% (share draft accounts per 100 members); loans per 100 members 55.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $36.4M |
| Members | 3,620 (1.7% YoY) |
| Full-time staff | 10 |
| Net worth | $3.0M |
| Net worth ratio | 8.3% (p6 of band) |
| ROA (annualized) | -1.02% (p10 of band) |
| Total delinquency | 0.51% (p44 of band) |
| Net charge-offs (annualized) | 0.06% (p56 of band) |
| Loans / shares | 75% (p75 of band) |
| Cash / assets | 14.9% |
| Borrowings / assets | 0.33% |
| Net interest margin | 5.00% (p86 of band) |
| Operating expense / assets | 6.81% (p93 of band) |
| Vehicles % of loans | 85% (p91 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 44% |
| Third-party paper % of net worth | 311% (p100 of band) |
| Vehicle delinquency | 0.42% (p49 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 73% |
| Certificates % of member funds | 16% |
| Average share balance | $5,597 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 34% |
| Average loan balance | $12,526 |
| Loans granted, annualized | $8.6M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency rising** (`aq_dq_rising`)
- **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 | thin capital, expense trap, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 2 |  | thin capital |
| 2016-12 | 2 |  |  |
| 2017-03 | 4 | thin capital, members leaving |  |
| 2017-06 | 2 |  | thin capital, members leaving |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | loans>95% of shares |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 5 | delinquency rising, leaning on borrowings |  |
| 2018-12 | 5 |  |  |
| 2019-03 | 4 |  | delinquency rising |
| 2019-06 | 3 |  | leaning on borrowings |
| 2019-09 | 3 |  |  |
| 2019-12 | 5 | thin capital, net worth falling |  |
| 2020-03 | 4 | delinquency rising | thin capital, net worth falling |
| 2020-06 | 3 |  | loans>95% of shares |
| 2020-09 | 4 | net worth falling |  |
| 2020-12 | 3 | loans>95% of shares | delinquency rising, net worth falling |
| 2021-03 | 2 |  | loans>95% of shares |
| 2021-06 | 4 | net worth falling, 3rd-party paper>100% NW |  |
| 2021-09 | 4 | loans>95% of shares | net worth falling |
| 2021-12 | 4 |  |  |
| 2022-03 | 3 |  | loans>95% of shares |
| 2022-06 | 6 | thin capital, net worth falling, delinquency rising |  |
| 2022-09 | 6 |  |  |
| 2022-12 | 4 | loans>95% of shares | thin capital, net worth falling, delinquency rising |
| 2023-03 | 5 | delinquency rising |  |
| 2023-06 | 5 | net worth falling | loans>95% of shares |
| 2023-09 | 6 | repo signal, loans>95% of shares | net worth falling |
| 2023-12 | 5 |  | loans>95% of shares |
| 2024-03 | 7 | thin capital, net worth falling, losing money | delinquency rising |
| 2024-06 | 3 |  | repo signal, thin capital, net worth falling, losing money |
| 2024-09 | 4 | delinquency rising |  |
| 2024-12 | 6 | assets shrinking, loans>95% of shares |  |
| 2025-03 | 5 | thin capital, losing money | expense trap, assets shrinking, loans>95% of shares |
| 2025-06 | 3 |  | thin capital, losing money |
| 2025-09 | 4 | thin capital |  |
| 2025-12 | 4 | expense trap | thin capital |
| 2026-03 | 6 | thin capital, losing money |  |

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

- 2026-08-06 [Compass Community Credit Union Hosts Two Life-Saving Blood Drives - Redheaded Blackbelt](https://news.google.com/rss/articles/CBMingFBVV95cUxQX0ZlSEM4U1NycVZGdnFTNzlPaF9UanB2MnVfRTdkaS1nUTZNTHNrdVZ5ckJ0UUZXMUtYVGhsZFJfRGVNRW1samJGMUVsWTVUdmJDUUdRR0ZNV05wZldVRFFVTE9Va2ljd2k3b0dEMjgtVXFvSlZtQVRjUnkwNWNYMHo3MjVaSTFha2wxR0UxcHZJeS14aU53OHRfc01uZw?oc=5) · Redheaded Blackbelt
- 2024-11-08 [Monthly Bulletin – February 2022 - The Department of Financial Protection and Innovation (.gov)](https://news.google.com/rss/articles/CBMif0FVX3lxTFBwQzB0aFBfNTcxdXh6YVlpT3lnbXdZbk8wRUtTM3daakN3UEhiU0JxOFBQQlA5WVZJV3RsSVU1OTZNVUtpck05a0VkTDh2VTdzNjAwVV9EUEhrVXUwRnFuZU51cUc4SVdTcXRaWDJtVjFjRk83bExqNy1OY1B2ajA?oc=5) · The Department of Financial Protection and Innovation (.gov)
- 2026-05-12 [Coast Central Credit Union Awards $115,000 in Scholarships to 23 Students - Redheaded Blackbelt](https://news.google.com/rss/articles/CBMipgFBVV95cUxPVFItcS1Hd3RzNHdyTVFfWEVocm8yUkxOdEtuT1p0TkpRa0QwVlZwWU9HN1M3bExWSXZJeG1vWm1BUVR0UWZNUjg4U19oRmU2TzlEckVQLU1RNU1BQ0tvT1ZfUlI5c0tfMXVFcnZIcmxCQ09IV0E4SG1MM2dWZjVVZWxod2QwTzNBRklUVURkQWlVX0FnOHVfWkNlUEMydWdkY1Mwakh3?oc=5) · Redheaded Blackbelt
- 2022-09-29 [James Gomez, who advised governors and led change in California nursing homes, dies at 73 - Sacramento Bee](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQVWE2MkVLcmt0d1JiSUo3bWRGbWtjNHBJREYtUlItOWtMT2tTWU5uaHhNX2ppZlNmeldlU2g0cFdWUkJ0TFJQZ01keU1KcnYwblQwOXhIVS1EZVp1TnNGZ25aSHFnMmo0NkNYeVhHdUxkWV9QR1VoMFZzbS1fdmE3clJTalZWSFdNdUVJ0gGLAUFVX3lxTE9WWVYyVHRUNldtN1JHa1FpNzBxRXpQNkdNLVFXN0NvQzhObDN5aXFqRFMzYnY5RV96TnNXNGw4WndjLTRwcnA2R1E4cXVTR0trU3FoTEZsY0FuejBXd1ZwbXR1MXN4UEpmanZSejZJcGQzU3NqOXowUUd5cDdsMHNCTXgyTk9oM3JQRk0?oc=5) · Sacramento Bee
- 2019-08-15 [Fallen CHP Officer Andre Moye Jr. honored on organization's 90th anniversary - abc7.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxQcnBzaHhaSjF3cGgyYVk1WG5qalhvQUhiZFBqNjE1QldFbFZxcTNORmJKYkY3aTMxY3FiZ2NRS2RzQWtCZjhiRFQ3akVTNEZpMjJSalkySlo4eVpMVVVmSW1DUXN5TzVGRXpNb3liUkd5Ti1PMzRfOUlzLXlBWm1EX0ZzVV94NVhsbDNsQVdLdDlNUlRUUXNGZXVDMA?oc=5) · abc7.com
- 2023-11-03 [CDCR Week in Review: November 3, 2023 - California Department of Corrections and Rehabilitation - CDCR (.gov)](https://news.google.com/rss/articles/CBMic0FVX3lxTE5OemVKNTQ3MUFySXhRVXBYdHJMd3k3UFRyZ1ExT21DNkhCSmkxcG5NUW9ZZXNTWjN3V1NIY2lmVnU5eEUtZ0F4QVlaYTNFZDRCN0c4cWJtR1Q0VEJLWVdTNF9RLWN6WWhaZjJuMk1vN3dJNDg?oc=5) · California Department of Corrections and Rehabilitation - CDCR (.gov)
- 2026-02-03 [Fallen CDCR Agent Remembered At Sacramento Guns And Hoses Game - Folsom Times](https://news.google.com/rss/articles/CBMikAFBVV95cUxPWm50djdtV1ZBMFhJUDJLMVN2VElaeEtnNzRiQzkybEhmTWcxd1ZfYkFsT2NPZWFYOWRwZU1qVHpLcExYXzRleFVwZzl5N1hvWFFRM1RHSUFNYnZKVDRNekZVQnAyclhab25rUjZqR3RjVDdkcllPMjNjTzZpbl9sdEU1ZlRWR0VjRFNPQVEzak4?oc=5) · Folsom Times
- 2025-02-15 [$1.8M California Department of Corrections data breach class action settlement - Top Class Actions](https://news.google.com/rss/articles/CBMi5gFBVV95cUxOREhRSncwOXB3dmstZXprcXVMcFQ4QWdIWnc2cF8zZFVyY29scGZTTE1PSXg2N1FZNlRIUFJSREN1M2dGbzJqXzFPX0JqZW5CejNOUW5sYnBlMTVJcU52QkZMSTZzdVlCTGRqempjMUtUeXJhemRMUFoyNkR1cVFnSFlsOHB4blJFcGNvVkFoc0NyVkhJUm9iY1lxVEhqLWMwMVNaaFRSNHJPNURsejJkQWFYVzNMSkxHclVKbGVsNlp0bFVoLXlJQzRJeTEzTmV4OVlRVE1EeHZZTUk3RmJIY3AtSndzQQ?oc=5) · Top Class Actions

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=13254 (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/6.json (key "13254", 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=13254
- 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