# SUNWEST
Glendale, AZ · NCUA charter 2226 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/sunwest-2226

Who the members are: federal charter, community charter, organized 1937, low-income designated. 43,450 members of 6,000,000 potential (0.7% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 50.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $530.4M |
| Members | 43,450 (0.5% YoY) |
| Full-time staff | 120 |
| Net worth | $57.4M |
| Net worth ratio | 10.8% (p58 of band) |
| ROA (annualized) | 0.19% (p16 of band) |
| Total delinquency | 0.27% (p19 of band) |
| Net charge-offs (annualized) | 0.63% (p70 of band) |
| Loans / shares | 71% (p24 of band) |
| Cash / assets | 17.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.90% (p81 of band) |
| Operating expense / assets | 4.36% (p83 of band) |
| Vehicles % of loans | 56% (p93 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 42% |
| Third-party paper % of net worth | 140% (p59 of band) |
| Vehicle delinquency | 0.34% (p27 of band) |
| Vehicle NCO | 0.43% (p25 of band) |
| Repossessed % of vehicle book | 0.13% (p72 of band) |
| Real estate % of loans | 32% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 47% |
| Certificates % of member funds | 24% |
| Average share balance | $5,966 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 50% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $15,192 |
| Loans granted, annualized | $99.9M |

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | net worth falling |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 2 |  | net worth falling |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 3 | net worth falling |  |
| 2018-06 | 2 |  | net worth falling |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | delinquency rising |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 4 | net worth falling, losing money | delinquency rising |
| 2020-09 | 4 |  |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 4 | margin squeeze | losing money |
| 2021-06 | 3 |  | net worth falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 2 |  | margin squeeze |
| 2022-03 | 3 | net worth falling |  |
| 2022-06 | 2 |  | net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 4 | net worth falling, delinquency rising |  |
| 2023-03 | 3 |  | net worth falling |
| 2023-06 | 4 | losing money |  |
| 2023-09 | 2 |  | auto monoline, losing money |
| 2023-12 | 3 | assets shrinking |  |
| 2024-03 | 4 | losing money, members leaving, leaning on borrowings | delinquency rising, assets shrinking |
| 2024-06 | 6 | delinquency rising, assets shrinking |  |
| 2024-09 | 5 |  | delinquency rising |
| 2024-12 | 4 |  | leaning on borrowings |
| 2025-03 | 4 |  |  |
| 2025-06 | 3 |  | losing money |
| 2025-09 | 3 |  |  |
| 2025-12 | 1 |  | members leaving, assets shrinking |
| 2026-03 | 1 |  |  |

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

- 2024-04-21 [Ranking Arizona: Top 10 credit unions for 2024 - AZ Big Media](https://news.google.com/rss/articles/CBMihAFBVV95cUxPa3FJcklQLUxDRWc2ZUExNm1EclVBVTByY0ZmbzltT3RydVIzcnJvdVRvYS1SLXR0X1RidkZvV3lDWHhObUJJOVd1MjI2N0pkanRUaFBzTnE4Q2lRU042ZWlZSkNUN1pfZFRGZ21QeENWM0JJdzJBelJWUzBfYzN6M1VneWI?oc=5) · AZ Big Media
- 2022-05-26 [Goodyear Business News – Third Edition - City of Goodyear (.gov)](https://news.google.com/rss/articles/CBMinAFBVV95cUxNZVlTc2w3aDhLS1BOZUV4X2xaTS1ib0YzUWhENjJSMjBUellmMU94NXFrb2h6LWQ0akJrSFlad1hpZjI0TG5LS05QYUhHLWVXY212bk9YbnVsTnh0Z0ZackxMQ2daWFJoSkhTS29Memk5R25oMHVIaEI0OTEzaXdOZlEtVU9IMG1aZWtEcmJkaHBWMFViVW56UlcxdnM?oc=5) · City of Goodyear (.gov)
- 2024-05-28 [UMB Bank's longtime Arizona president steps down, joins Sunwest - The Business Journals](https://news.google.com/rss/articles/CBMilgFBVV95cUxORS1pT0dBeVcyTEhTeWR2N0g2UWtJMnVyeFc5SG9GeHlBcU5Hd2k1U2x5Q0dZbG9vTHo4d2gtN05aZXlGRkNVeXhsWW9US05TWFdjZHhGQnFGbFBCbGVySXd2RWpCX3FfVHlfYWtsQ0pMVWk1Nk9tM1dWOTlmazZySUJhc1Z3cE5la0Jva213WWVVYjMwQ2c?oc=5) · The Business Journals
- 2022-03-25 [FBI: ‘Razzmatazz Robber’ identified, charged with multiple bank robberies in Phoenix area - AZ Family](https://news.google.com/rss/articles/CBMiuwFBVV95cUxOaEl4SGFPNVZEY3JMMThDS2VGUXp0aS1NVnRNWElmNEhlaVdGTHFuZGlkWFc5bkgzR2tKUFFIdHc0M1cxa1VEODMxdHRpRU9uYU1RXzhvTF9UN0drRDVWaVJUQ184b0pfUEQyTmtZZW9iMWo5Vm51RU9DZ203VnFMQkYtbjQweGxyMzBEWF9oQlAwRFI2SkMzbkpwNlFNSmhBM2R0V0JtNUsyalBSRjRLdnN5UVljc2R5cWk00gHPAUFVX3lxTFBtbVJ6aHFWNWRXWmRvVXNybWhmYXRXclM4VFF0SzBSQjNWNzF2YWpaTW5uNzRsMklFeDh3MzFHLWoyekxlMDdpTkJkQUF2R3BQN2ZuSjlxX3AwR3hYUGY5U2xaUC1sYXl1R1h3Wjd5UTF3ZEdyWC1GZ20wUGZGQkh4dVVHb0lnWkEzTG1kaEkzOU1Rd2hnMVpxX0xKMFRFZjU5N1l4eDFaTlRtUWI4QTNnUmNRbFhJVjJpOWswMXdyajdPVkk1akFaUHVFZVhxaw?oc=5) · AZ Family
- 2016-09-08 [Tucson police arrest man linked to 2 credit union robberies - Arizona Daily Star](https://news.google.com/rss/articles/CBMijgFBVV95cUxPUy16QWRwRFFubG5idDJnWWVORXIzclpxTlpIVEExQW92MDJFVTdLcDMyN2NlSWQ0cFRfVzhQVDhweXlyS0hVajRrcS0tY0xKNkQ0cWFwQWN6UFkyZ2xuTzVKQUNFWkpwNDl4NXRoSkx3a09JcWs4eXI0ak5BWnd1WGFaeWRzblZCMVdheFJ3?oc=5) · Arizona Daily Star
- 2022-03-25 ['Razzmatazz Robber' accused of robbing banks in Chandler, Gilbert and Mesa - FOX 10 Phoenix](https://news.google.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?oc=5) · FOX 10 Phoenix
- 2022-03-25 ['Razzmatazz Robber' Arrested For Several Valley Bank Jobs: FBI - Patch](https://news.google.com/rss/articles/CBMikwFBVV95cUxNZDVtdmVLT1NhLU9DcnVISHZ6ZC1teEUwUTBZdC05cDk3dEJ3a2lXYmpCV3JhcXZEeVZjMnkycnpsdEtkQ0dNdTNmNEtEcEN4NVItNkRrU3BfMktqS0ExUzF2SWhiRWpraGt3bU5pQXlhVHBWUFN6d0thVnowVngwMEQyc2VsMmRULXNUOEpNWURSRnc?oc=5) · Patch
- 2020-10-10 [William Jaycox Obituary - Glendale, AZ - Dignity Memorial](https://news.google.com/rss/articles/CBMigwFBVV95cUxPZDJqQlhvb3pvVUFSVm0wdEJZcHk0RjJnN1NsbWNISFRqNmJUeE5FMGM4Qk80cGFJMWNkbkFjWFk2Ym1STW1xSEM4MW9FZUhNX19iUzJEYjBIX19CN0d2UTVUY3RIc1hIVldKYnVLclhrSi1Ta3ZPT0JOX3VVWXE3dW5LQQ?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=2226 (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/50.json (key "2226", 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=2226
- 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