# FAITH BASED
Oceanside, CA · NCUA charter 24687 · asset band <$50M · latest filing 2016-03 · stopped filing after 2016-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/faith-based-24687

Who the members are: federal charter, community charter, organized 2003, low-income designated. 387 members of 20,000 potential (1.9% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 14.

**Verdict on the desk:** this could be *ordinary*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $627,281 |
| Members | 387 (– YoY) |
| Full-time staff | 1 |
| Net worth | $97,981 |
| Net worth ratio | 15.6% (p70 of band) |
| ROA (annualized) | -3.77% (p2 of band) |
| Total delinquency | 0.68% (p45 of band) |
| Net charge-offs (annualized) | 6.22% (p98 of band) |
| Loans / shares | 78% (p84 of band) |
| Cash / assets | 32.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 7.75% (p99 of band) |
| Operating expense / assets | 9.10% (p99 of band) |
| Vehicles % of loans | 17% (p11 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 4.10% (p92 of band) |
| Vehicle NCO | 19.38% (p100 of band) |
| Repossessed % of vehicle book | 0.00% (p44 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 43% |
| Certificates % of member funds | 0% |
| Average share balance | $1,358 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 14% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $7,712 |
| Loans granted, annualized | $53,436 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **charge-offs p90** (`aq_nco_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | losing money, expense trap, charge-offs p90 |  |

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

- 2025-12-01 [Two Christian Credit Unions Unite in Strategic Merger to Form the Largest Faith-Based Banking Institution in the U.S. - PRWeb](https://news.google.com/rss/articles/CBMi8wFBVV95cUxNSWQtOW5Yc2hYVmI0UlB1MENnUnJvMjdvTERja0hiaG5ia1hOYi1rSDJZT1hVRUhLLXBMU2FyNm9FcTAzdmU3SEpnZ3pVN3dPM0NleWRvMVhHS0FBbkpqekV0SFJxb3V0QzlBUzhPQlhmNV9wYjNNdlRnbWZ4SFl4STVVbWtzdVZ3QVVOR0MtbkRfVk9MSXNJZ1FEOERJTTRaSWFRbFgwQ2pMLTBJUklnby1DNDVja2pzZ3ptcXpDSGI5VjFoNVY0N1VPZzdsTjBlcVJjZWNhc0dKdzd0WUhWZEdqYkE5TWIxdGEzcEFPcE1QOTQ?oc=5) · PRWeb
- 2026-03-05 [How to choose a bank aligned with your values: A comprehensive guide - Bankrate](https://news.google.com/rss/articles/CBMiiAFBVV95cUxONnBUT05xVWo3Qk90M0VrOTJvRkRUMGxOSFRHWVZmenJ3RE5teFE0UnZEUVhjTHVUVEJPbUFZLWZHQ19wQjlNX2x6dnd3aU9jWEtqNWNzQWpJQlJWc2tMVGJ0clBLY1NHSVhuSVFTMTZSYUMteWFqWS10b21IdmVfY1ZkQWFQMzho?oc=5) · Bankrate
- 2025-12-08 [OC-Based Credit Unions Grow Assets by 8.6% - Orange County Business Journal](https://news.google.com/rss/articles/CBMie0FVX3lxTE0xWng4czZRaUtTZ1cxVXhkOTNGc3doSUltTnlhdnlXZS1uTE1LeElaWUlSMGU3OVdrNXgyUHRrYXYtX0loTkZDQkIyZXdhOXd6QU1WZjBYRF9DSU5OeUpvamRiYll4Y1dNN2hKRkpaY0VaODhMU1loNllZQQ?oc=5) · Orange County Business Journal
- 2025-12-29 [Partnership Awarded $3M Grant for Portland Affordable Veteran Multifamily Housing Project - Yield PRO](https://news.google.com/rss/articles/CBMiU0FVX3lxTE44REJCVndsRmVJOXQzWnhCOFZXSzNCUTBtM2swQXRJTmI1NjllekR4a2traXR3MmV1MXQtRUNfemg3UVVhU0RZYnF4eFNFc2F4VVJz?oc=5) · Yield PRO
- 2023-09-27 [America’s Christian Credit Union Offers Financial Products and Services With a Faith-Based Approach - CardRates.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxPcm95Mm54TDk4bkZ0ZU5mTC1SSHNpU2xtSEN0MlpxZmlFNW9yVS01Yms4QzhGTzVmRnY5M2UyNEhvLVczSkNFLUo2dUdLb00yNnE3b2NBa3Vhd1N4anNDNVZVTDBkd0VDMHlQU3JHUXdWc24wSUpLYVp3clBwUmp3Q19KM3MxaVI4Mnd2N2tEQzY?oc=5) · CardRates.com
- 2018-10-30 [Church-run credit unions keep the faith despite challenges - religionnews.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxPSzMzdlVJdWtlZ19LZjdVaGR4NWdGY3BmTE91eEpPY1prNFlVRW0tbXBsbFRsVFRneGpjdHRWTWl5UG90VGJlckZJUUx4SlFueXZSQTFleWNkRk10QWNJblZaN2tGZVpsMVp6U3BQS3dJWDhjT1ZtUDBXODJETWt1YW5pR0FoVElHQTlfcDMtN0xjUGEwU01WNDI2cw?oc=5) · religionnews.com
- 2023-01-11 [Diocese of New York establishes credit union to expand community access to financial services - Episcopal News Service](https://news.google.com/rss/articles/CBMi1AFBVV95cUxNRTA0OFo5dFZ1M3BUYmlRc2tZSEFIdUZxd3o4bjdxTDhWODZHRFRaS3E2d0Jjd2h3eDQtWDk3MzliWFFPZHBLZm9UTk1OYS1MdkdFYmxQLWhuSmpiNzlrRUVienZId0JhZnV4M2Y0WTY3WEVNUFJtbzd6TGZrRWQ3T1Z4aGdzblJpQzZkS2hsUTA4dTdIVEF1T3BMelhRWElDWEx2bW5LUk9CSUd0U1g4bmxtZUg3d0xQSTZIZGJDMWRzZDNsUVFqUjJGZHJVQ2p4NjlsQQ?oc=5) · Episcopal News Service
- 2023-10-16 [Should Christians take their money out of banks that don't share their values? - Christian Post](https://news.google.com/rss/articles/CBMipAFBVV95cUxNVUw3TG9OZkZSUWJOQTU0VkZRenJUekYzS2JCekNKQWZzTEczVzhsYWVsaTJwYzZOTUhvNTNYazRtYXZ4LUdCcElDcV9JNjk0cVBKZ3JHdlp3WE9lM1RWWWtZN095eTBmaEhFWWlhdFcwSWVpR0lKaFB4S0RJcWNieGFuWklYb1pIMzlORkRLYzBWbE5MMXNyeWFJMHFMQ09QUW1kMA?oc=5) · Christian Post

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24687 (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/47.json (key "24687", 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=24687
- 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