# SKYPOINT
GERMANTOWN, MD · NCUA charter 18917 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/skypoint-18917

Who the members are: federal charter, community charter, organized 1968, low-income designated. 13,920 members of 2,400,000 potential (0.6% of the field); checking penetration 80% (share draft accounts per 100 members); loans per 100 members 75.

**Verdict on the desk:** this could be *participation buyer*. 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 | $249.8M |
| Members | 13,920 (2.7% YoY) |
| Full-time staff | 46 |
| Net worth | $29.6M |
| Net worth ratio | 11.8% (p58 of band) |
| ROA (annualized) | 0.35% (p24 of band) |
| Total delinquency | 1.54% (p92 of band) |
| Net charge-offs (annualized) | 0.62% (p72 of band) |
| Loans / shares | 97% (p97 of band) |
| Cash / assets | 6.0% |
| Borrowings / assets | 11.61% |
| Net interest margin | 3.89% (p73 of band) |
| Operating expense / assets | 4.61% (p86 of band) |
| Vehicles % of loans | 24% (p31 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 39% |
| Third-party paper % of net worth | 122% (p63 of band) |
| Vehicle delinquency | 0.90% (p72 of band) |
| Vehicle NCO | 0.90% (p64 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 60% |
| Credit cards % of loans | 8% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 69% |
| Certificates % of member funds | 20% |
| Average share balance | $6,366 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $18.0M |
| Loans outstanding per 100 members | 75% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $18,276 |
| Loans granted, annualized | $48.7M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $18.0M outstanding purchased (61.0% of net worth), $0 sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares 8.3% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **loans>95% of shares** (`str_ltos`)
- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 1 |  | net worth falling |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | delinquency rising |  |
| 2018-03 | 2 | net worth falling | delinquency rising |
| 2018-06 | 1 |  | net worth falling |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | net worth falling |  |
| 2019-03 | 1 |  | net worth falling |
| 2019-06 | 3 | delinquency 2x band, delinquency rising |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 | charge-offs p90 | delinquency 2x band |
| 2020-06 | 2 |  | delinquency rising |
| 2020-09 | 3 | net worth falling |  |
| 2020-12 | 2 |  | charge-offs p90 |
| 2021-03 | 1 |  | net worth falling |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | thin capital |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | expense trap |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 2 | leaning on borrowings |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 3 | delinquency rising |  |
| 2023-09 | 5 | delinquency 2x band, loans>95% of shares |  |
| 2023-12 | 5 |  |  |
| 2024-03 | 4 |  | loans>95% of shares |
| 2024-06 | 4 | net worth falling | expense trap |
| 2024-09 | 4 |  |  |
| 2024-12 | 4 | loans>95% of shares | delinquency rising |
| 2025-03 | 2 |  | net worth falling, loans>95% of shares |
| 2025-06 | 2 |  |  |
| 2025-09 | 3 | loans>95% of shares |  |
| 2025-12 | 4 | 3rd-party paper>100% NW |  |
| 2026-03 | 4 |  |  |

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

- 2023-05-02 [SkyPoint FCU hires Carla Decker as CEO - Business Wire](https://news.google.com/rss/articles/CBMimwFBVV95cUxPSXdBVTI4TDlvLTBXcTdFaVBaRUxPRTVlcjBGUFZRcmZhc3VISmcxN2dOMEpkZFlMUTMwUEswM2RTdmVIc3JsRDl5YXNaQzl3RkVoUkFaNkxTdlZxLUdDeEdlQ0lobGZLTEVmcjc5MzlReVNEX28xcGNLQV9qOWxSdVZUWl8tSWduYnNtVlRvb1RRVU5tQzl5d2Rxbw?oc=5) · Business Wire
- 2022-04-12 [With rebrand, SkyPoint FCU expands offerings for customers - Maryland Daily Record](https://news.google.com/rss/articles/CBMinAFBVV95cUxOZnNiQzBmSlZwaE95cEFyVnFiREVkeDRiVFFscUxYVFNHWktjU0I5eDNueWYyS0dLeDFnd0xyazJiak81dDZSQy0zcUg3MUsyY3dhNHhOZDZCY0NzUThieGdRd3NPQkgyRlEzYTh2OUQwTWNXMHhzcUl5SUVDdmhYdkdXbTRZQzZtR05yY3RVZDF5bGc5c1ZGME1SODc?oc=5) · Maryland Daily Record
- 2022-11-15 [SkyPoint FCU expands team to enhance its operational excellence - CUInsight](https://news.google.com/rss/articles/CBMipwFBVV95cUxPdHlIenh3UXFxc1p6Ry04QUdqMTBhSjgyVkt2VllQdnFuZ0hDbXZ5V0ZhcHZHNXJtb0c4SWFVUTJhWGgtOW5OZ1F4LU5XdzdkdUY5WXJtdGVUYl9QM25GUnl6a093NkhPdC1McFlOeGx5dnlYSUVpVXBNX0tsbGNnS2ROSGVnUFVGMU9xX09rX2J1MnNxTmV2YUF2M01uUHRTMm1YaUdkdw?oc=5) · CUInsight
- 2023-04-11 [SkyPoint FCU Announces Launch of Business Banking in Three Phases - Business Wire](https://news.google.com/rss/articles/CBMivwFBVV95cUxNY0d5V3phc0ZCUXdBWTc2cW9DNnp0czR6UGlLeExxMjNiTGxTQ3paM2ZBc2VkcHBKR1pENEFpRl9EbGhFNzhWc09MczFvMlhxa2I3UHZOSHU2RTVmTEdqWHgxaUlKc0hXRmRoTVVKRGN1bVhmbUJjSVhLU1FZWmx3QzNtUFEybXpsOXVkTUJHd2IydzVkRzlqbTNBclJiV2s3dnFZSU9qMnNTQ01tTEFGTk03TDAybmlEXy05aHI0SQ?oc=5) · Business Wire
- 2023-03-08 [Millennial Money: As Fed rates rise, save at a credit union - Lowell Sun](https://news.google.com/rss/articles/CBMimwFBVV95cUxPRlZtOEF3N0lqbHFrdjgtMzdDR0dGdHczQno5S0ExUm9TMXRyc2tmSk1vNDdYUWlzUDJCWmF5UFpTckg2SElSdmN2OEFRM3V2Yk1hZ2RUQ0IxVGNJbW5kU25DTkRHZERxZDBEOUliWklnNmREZnRjMTZkTE1Nd1dWMjVfT2RUMmpsMVg5eFFoTHBUY080SUwxOElfdw?oc=5) · Lowell Sun
- 2022-09-12 [Residents Urged To Be More Financially Literate - 930 WFMD Free Talk](https://news.google.com/rss/articles/CBMihwFBVV95cUxONG9EOEdWbDlMM05URzZlOVlZTW9WNDVON1ZDWEthVnBTNEFvUmpYVERZaW5uMlJTS3B4Yy1KbThjXzVwQnRGS0pkaGp2cDhxX1k4cEtrTEFLZnp5UzBwZWs5bzBZUXhtYWJQSG1WVGl1VWZ5UTRWU2t5Y3dfbE9RdVcwN3BsbWM?oc=5) · 930 WFMD Free Talk
- 2026-07-15 [Long Branch Officially Becomes A Maryland Main Street Community - The MoCo Show -](https://news.google.com/rss/articles/CBMinAFBVV95cUxOM0o0TkNOUDdJUXUteHppSjlpR1FLX2FncWpFby1MTURCQXVreTlJc2hzZHNBcEJoVmpESm1HS2Z5N3BTQnBsN3BTUGxSVzUtT01OdkVRTzg4QzlkQmw4YWpZOUY3TThsb2NneW9PODVwQVJqZ0NJa2pMS2pFb2trdzNQMHQzdUYwbHVHNUV1Skd1YWdYUXJaTVROdTk?oc=5) · The MoCo Show -
- 2025-09-11 [Long Branch Festival 2025: Live Music, Local Food, and Community Spirit - Source of the Spring](https://news.google.com/rss/articles/CBMiygFBVV95cUxQWGxXUFRobkgxYW5Kd3RxcW1PYmN1ZXd6UURRZVJ6ZnF6b0Judm4wQlRmUmZseFVybXlvXzh4MWp1bUVXTHNlbTJyUFQ3Vk4zQTZxd0lTLXZNbDVPWDRoTkF3VnBJa0NZbTYxMFNvQ3MxVm5GYjBTcHYyT2otTThyOFg5SFY5LWhNTWdmc3d6Q0RiendEX1hUZG9wRVhoWEpWR2RWVFAzdDZKZkRHaVFUbEdmdFQ0XzAxWmpxWExuN1ZZVGpSbzh6SVZR?oc=5) · Source of the Spring

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=18917 (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/37.json (key "18917", 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=18917
- 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