# CYPRUS
West Jordan, UT · NCUA charter 24688 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/cyprus-24688

Who the members are: federal charter, multiple common bond, organized 1935, low-income designated. 162,120 members of 3,538,904 potential (4.6% of the field); checking penetration 64% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $2.07B |
| Members | 162,120 (13.6% YoY) |
| Full-time staff | 409 |
| Net worth | $255.3M |
| Net worth ratio | 12.3% (p75 of band) |
| ROA (annualized) | 0.21% (p10 of band) |
| Total delinquency | 0.44% (p31 of band) |
| Net charge-offs (annualized) | 0.71% (p68 of band) |
| Loans / shares | 103% (p94 of band) |
| Cash / assets | 3.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.87% (p85 of band) |
| Operating expense / assets | 4.40% (p94 of band) |
| Vehicles % of loans | 39% (p77 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 74% |
| Third-party paper % of net worth | 254% (p78 of band) |
| Vehicle delinquency | 0.38% (p25 of band) |
| Vehicle NCO | 1.14% (p58 of band) |
| Repossessed % of vehicle book | 0.12% (p63 of band) |
| Real estate % of loans | 33% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 96% |
| Core shares % of member funds | 38% |
| Certificates % of member funds | 34% |
| Average share balance | $5,415 |
| Participations bought / yr | $2.8M |
| Participations sold / yr | $1.3M |
| Participations outstanding | $14.8M |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $18,567 |
| Loans granted, annualized | $594.1M |

## Participation posture (from the same filings)

Bought $2.8M and sold $1.3M in the latest annualized quarter; $14.8M outstanding purchased (5.8% of net worth), $3.9M sold and retained. Sold in 8 and bought in 8 of the last 8 quarters. Shares 12.3% year over year.

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **loans>95% of shares** (`str_ltos`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

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

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

- 2026-02-04 [Hillary Johnson, Monte Vista Elementary - KSL.com](https://news.google.com/rss/articles/CBMingFBVV95cUxPOWFCNl9vTkF5bGJCOFh0cmYyU3F3V29JOXh0SklsZHBDYWt0akxLZFZNbGtZYnk3dmhGLVN4eE5EVTJVQWlxSFlTUGhmLXVaQXJ3S0lWXzczM2h3ZkhBdm5zRERFU0NTWV9iRG4waDhRa1BfMXpKQnJVS0hfRkZ4Z2RJZUNXMk5iZzNUaXZiSHlsY29tZ0ZPMTlBZUU4QQ?oc=5) · KSL.com
- 2025-11-13 [Chelsey Lyn Carlson Obituary (2025) - Roy, UT - Premier Funeral Services - Salt Lake City - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxQaVlvN3hCS3hRVldCOVlWQ0R1TE1MbXZfYWFrbEo1bTJiZDVtVmcyZktlbFA0TkZSa3VmZFcwZ1UxSkplWXptTzJOb296aGYtb1gzWTg4dkg4bUZtYmVRSEVVNVpodmNqYUJLYlJTNXJZbndmYkVKcktIR0ZleHVxMGd2Qmw?oc=5) · legacy.com
- 2024-02-27 [Sandra Hutchings Obituary - Millcreek, UT - Dignity Memorial](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPN3JEYlNxLWNrclRlNVp3cU4zQUs3dm9pdWZGQ0pVdTA1b21ySEtvakRBUXYxQVVpaDdyczhDSm9OQnRVWlhhWTlRS1JVQzl0cWMtOHZVVzN6THdpNUE2UWY2NVJnYkJFMWdzZE1tWGhLVWYyVjhxUmNHVlkzeWtrd1E2UGtkQmV3?oc=5) · Dignity Memorial
- 2021-07-13 [Man arrested after 2 alleged aggravated bank robberies in Sandy - Gephardt Daily](https://news.google.com/rss/articles/CBMinAFBVV95cUxNTEs5bFhpcDZDSG5Xc2E4MnJ4U2Myc3gxX2ZXc0NJdVNlRjFfdW50MndBaGVFUjNaNU8wLWJSMkhSaEpiaTdBNms1VElGd3RRYThxU0VSSWhOaGtaTWJKNEpoODZHMzBMSi1kY0laVGgzanJtSmIzYlE1SUNXMmF2S0FYV0w4Rm9ZSmRJb0xfVUt2VkV1T0pkcUgzX0g?oc=5) · Gephardt Daily
- 2020-08-31 [FBI hunting for ‘Band-Aid Bandit,’ who has robbed seven Utah banks - The Salt Lake Tribune](https://news.google.com/rss/articles/CBMibEFVX3lxTE8zRUFnYXJwWGRQbmtfemt3VGt3eU1FcmU2UkEzWndSSnJJeERwQkdKLVRaUHNob2doaEg3d3FSbVRtS01qTXlGVzY5V0YyS004M3NxV1lyZEp0dkpodHhZS0drTGI4emhtSU81Ug?oc=5) · The Salt Lake Tribune
- 2026-02-27 [Mrs. Beverly Cannon, Utah County Academy of Science - KSL.com](https://news.google.com/rss/articles/CBMirAFBVV95cUxNLThQdjRUbEZ3ZEFjWlFpejNsTHBpVnVpT3l0TVVQWW9jZEgyM3lkSUdTVWJPeHFPUFlBaG5DWGJIMWxYemJkOXE1Ym90Zlpld2tlSktQNUU2Uk1LeF9OeDF4a3dZaTl4cWJwak9FTjJhRG1hVFJOQ3F0T1k5NVVQTmRKTVlDdko2SG51TUt6NHlRcW83TDdNNjFlaG9jLUNuMk50UnI3RzdJekdC?oc=5) · KSL.com
- 2026-05-11 [Aimee Anderson, Farmington Jr. High - KSL.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxQckZ4SkczTmh2dGNWdUo3M3lwZFo3QjlPOVZ3SGNjUXNNXzJDaS12VElrRkZaWkUyd0VlTHBpZkFtMm5BRE9tUWg1bkZ3WVk4eV9fN1AtOExGRUtGdlk4LUdrTHBrUVlYUGp2RTA1NFhpdEsydXFRNGpqTzltcDJBNjZKQmU3NFFHaXpULUQxdXdqaktkd1Vn?oc=5) · KSL.com
- 2026-02-17 [Sara Erickson, Entheos Academy - KSL.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxNMUE1bWo5Y1hQT09zazAxOGt3VDZBZDJ3VF8zckFOWXUyYTEwR3M5blVQY056eDgyb2dTMExGbWZfcWIyLUJ0YXpRTFdhdDhjZVEza2dmbkVCM2lUU1ZGb3Y0TkxVTHE3Q0ZTVFkwcWpPSU5YZjF6akMwQkdmdHRxZGxvYVluSTZiUlRwRjdHYjB4UQ?oc=5) · KSL.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24688 (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/48.json (key "24688", 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=24688
- 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