# SAN FRANCISCO
San Francisco, CA · NCUA charter 24542 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/san-francisco-24542

Who the members are: federal charter, multiple common bond, organized 1954, low-income designated, minority depository institution. 51,908 members of 3,386,000 potential (1.5% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 23.

**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 | $1.58B |
| Members | 51,908 (1.6% YoY) |
| Full-time staff | 115 |
| Net worth | $170.3M |
| Net worth ratio | 10.8% (p52 of band) |
| ROA (annualized) | 0.75% (p54 of band) |
| Total delinquency | 0.15% (p4 of band) |
| Net charge-offs (annualized) | 0.21% (p16 of band) |
| Loans / shares | 65% (p12 of band) |
| Cash / assets | 2.7% |
| Borrowings / assets | 13.27% |
| Net interest margin | 3.16% (p40 of band) |
| Operating expense / assets | 2.68% (p23 of band) |
| Vehicles % of loans | 4% (p4 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 31% |
| Third-party paper % of net worth | 6% (p12 of band) |
| Vehicle delinquency | 0.26% (p16 of band) |
| Vehicle NCO | 1.27% (p64 of band) |
| Repossessed % of vehicle book | 0.33% (p92 of band) |
| Real estate % of loans | 59% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 143% |
| Core shares % of member funds | 43% |
| Certificates % of member funds | 13% |
| Average share balance | $11,960 |
| Participations bought / yr | $0 |
| Participations sold / yr | $106.8M |
| Participations outstanding | $88.3M |
| Loans outstanding per 100 members | 23% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $65,506 |
| Loans granted, annualized | $406.1M |

## Participation posture (from the same filings)

Bought $0 and sold $106.8M in the latest annualized quarter; $88.3M outstanding purchased (51.8% of net worth), $4.1M sold and retained. Sold in 2 and bought in 2 of the last 8 quarters. Shares 6.3% year over year.

## Flags firing in the latest filing

- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 2 | delinquency 2x band, delinquency rising |  |
| 2017-06 | 3 | net worth falling |  |
| 2017-09 | 2 |  | net worth falling |
| 2017-12 | 3 | losing money |  |
| 2018-03 | 1 | 3rd-party paper>100% NW | delinquency 2x band, delinquency rising, losing money |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | assets shrinking |  |
| 2019-06 | 0 |  | 3rd-party paper>100% NW, assets shrinking |
| 2019-09 | 1 | delinquency rising |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | margin squeeze, delinquency 2x band |  |
| 2020-06 | 4 | net worth falling |  |
| 2020-09 | 6 | thin capital, losing money |  |
| 2020-12 | 7 | charge-offs p90, loan book shrinking | net worth falling |
| 2021-03 | 5 |  | delinquency rising, losing money |
| 2021-06 | 7 | net worth falling, members leaving |  |
| 2021-09 | 7 |  |  |
| 2021-12 | 5 |  | delinquency 2x band, net worth falling |
| 2022-03 | 2 |  | margin squeeze, charge-offs p90, members leaving |
| 2022-06 | 1 |  | loan book shrinking |
| 2022-09 | 1 |  |  |
| 2022-12 | 4 | delinquency 2x band, delinquency rising, assets shrinking |  |
| 2023-03 | 2 | leaning on borrowings | delinquency 2x band, delinquency rising, assets shrinking |
| 2023-06 | 2 |  |  |
| 2023-09 | 1 |  | thin capital |
| 2023-12 | 1 |  |  |
| 2024-03 | 4 | margin squeeze, delinquency 2x band, delinquency rising |  |
| 2024-06 | 2 | assets shrinking | margin squeeze, delinquency 2x band, delinquency rising |
| 2024-09 | 3 | repo signal |  |
| 2024-12 | 1 |  | leaning on borrowings, repo signal |
| 2025-03 | 1 |  |  |
| 2025-06 | 2 | net worth falling, leaning on borrowings | assets shrinking |
| 2025-09 | 1 |  | net worth falling |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2026-03-04 [SFSU celebrates naming of San Francisco Federal Credit Union Gymnasium - San Francisco State University](https://news.google.com/rss/articles/CBMimgFBVV95cUxPMVRxdDZIT0RJdHhJZUdNd2pmSTIxSnl1VGtodEIyYWlEQVptdDV0MnotTGRRdHZmMENKSkdUek01TUlmMmIwT0tFUlVxd3dsV2NBSUdjRTlZNEtybEZNdjJQd0FYbkw3R0tyOU1XNkVYQ0RtUks2aXJlS05QNG5fYWlSZmJWY0J4NERjWEdtUjNUUEJpdnJWN0lB?oc=5) · San Francisco State University
- 2026-07-07 [San Francisco Federal Completes Acquisition of Summit Bank, Launches Summit Financial - Business Wire](https://news.google.com/rss/articles/CBMi2AFBVV95cUxPWHYtMmVrOEFQM1pDTGF4ZXgtVVBwMlgxUGtUVG9leVJJODZ0OGZNM0FnOGJOcjVfbEYzdnhRTE10SW9ycFJpRWtYQ3lDckFhT24yQnFZTERKTjF3ZzcwRzlaTXVVejg1dHRvbG4tN3lOeUZIcXNEdkgzMVZEdFREb1pMOUU2MC03X3lrbVEtcWh3dEJYOW5iWWZkZ3ZsQXNLc2VPN19yd1NZNXBzczlicEtFbW9rc2ZFcXRXSmlleGRJNmlITWxHU3UxVXpBQzVQa240WEV6Ykw?oc=5) · Business Wire
- 2026-08-18 [U.S. Rep. George Whitesides Joins FHLBank San Francisco for Affordable Housing Roundtable - GlobeNewswire](https://news.google.com/rss/articles/CBMi8AFBVV95cUxPMm1qOGJZaUFiRWNIMWNfanpfOFZ4Yms5T0VSdTBrQnlBVlNlYXREaGNlVTZCNmowLUVPUkZpZm1jWjV4TG45LW8zSFBPMFVXQlZUbllULVZjYnd3QWN1VUw5by1FbmJ1ZDVHYlNKZ2k2MWV6ZFo4ZEczV0JudlZVU2tPcWV1eE5QS3lmaE1UUWNyZmkxRjRuRVoxdWJYd0RLVENGR1h1M2RuM3dOOFVZdy1zcnJEdXI1X2NwWmMtcEN1dTJRcFRORzFzMnNKeDFEeEpsbm5hSzJPZ0hCQXU0YWU2QVkyejRjMU5JNEpZM0w?oc=5) · GlobeNewswire
- 2025-07-23 [San Francisco credit union to buy California bank - Banking Dive](https://news.google.com/rss/articles/CBMiogFBVV95cUxNSFRDdWlkd3JMaEpfM0RRdXpCTzJiZEdKRml4MFdGSHFxRVNhNjhYYW1XanJyNGFHZWNaY1lmQm5ZeXctMzJXLWlBc1AwZnJHQmlRVHVnRGhHMjVvUDJHT3pJZF94cjMwWXkyeWd6emNmLXdkQnhmVy1RRThScHlHZXlyUW1QQV90MVhVdklyQ09Md1RVTXF0WXJ2ZHY5SDg2RlE?oc=5) · Banking Dive
- 2026-06-16 [Feds slam suspected San Francisco safecracker - The Mercury News](https://news.google.com/rss/articles/CBMijgFBVV95cUxQeDFWTzFYT29mX2gzSV9oUG9yYWlZQTQ5c3hLU2I0XzItLXZZZHdOdXhfdDZPQ0NIc3ZtaFlnc05VbWhWN3h2NENlOXBrRGFSVzRUVFpMVmdWbDU4MTc2TXZaNXkxdXBSWlFEV0RObENPT2UxTWdWd1BXb09uMXd4UU9mcDljLUNyOVJBY01B0gGTAUFVX3lxTFB0Znpaa2ptNEt6bmtmTzBOeUZQTW5BdGo2dDUzd1hYM3hyejFuVzR4YXBQeDJVREg4WlhPLUtXbGNTWmRiOU04NFFzNDB6eHdEV3RHTTI5dWVpMGFiZGxFRTBoWWgxNkdLcXh5YmZsUXBtOExNTlVYbm4zVlk2Uzc0MGhrLU8xcnBxenZUYVo2NjRObw?oc=5) · The Mercury News
- 2025-12-18 [California - Newsweek Rankings](https://news.google.com/rss/articles/CBMikgFBVV95cUxOTGxlNEF4aW9OOVBlYVYxTjRYMDRvUHFnM3RSZjR0MWpGYi1MbXZHdU5RREhWalRxUENSYlZyQUQ0M1haYThOaWRZSHl5LWVselpYOUpBWmNnOHdaWWJxTXdiczhfc0hOcjFKZ1A1amtUT2k5UU0wRWd6Wk41aEJGOF9MOFBJZE5BeU51XzVyck1PUQ?oc=5) · Newsweek Rankings
- 2026-03-01 [Men’s basketball caps off season with defeat - Golden Gate Xpress](https://news.google.com/rss/articles/CBMikAFBVV95cUxOMVJUNGRiQVBYWFhmWElHMEtvRlVNQ05OU0VyUXJnWWQxaG11ZnhSMW5ON2VvQzI0bWhqT3cyV3o1ekpIYkNEaVBSZUhCSTc3TmR0X1Jyd1EtYjBlYkRDWS0xX3lWYUthSWlNU2NFMlgyUjlQNnc0VVdfM0RMa01sR3FyVC02Vk5sY2xON0lxZjg?oc=5) · Golden Gate Xpress
- 2025-08-13 [US credit unions accused of abandoning mission with ‘Wall Street-style’ behaviour - TheBanker.com](https://news.google.com/rss/articles/CBMiekFVX3lxTFBMTXRza05yRDlVRllTbjVZTzRWdWxxemVxdHU4MTF1MTV4RnNQMmw2ZGlRVWxWZVZ4Y0tUMnUxcXpDQ29hLWVfT0Q2cWR0SDVrcVA3UWhEVDUwR2dJdGxodWsxZG05dzZmTkF6T3BRandBZmZjdVZwTmRn?oc=5) · TheBanker.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24542 (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/30.json (key "24542", 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=24542
- 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