# GOLDENWEST
Ogden, UT · NCUA charter 24693 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/goldenwest-24693

Who the members are: federal charter, multiple common bond, organized 1936, low-income designated. 209,927 members of 3,000,000 potential (7.0% of the field); checking penetration 65% (share draft accounts per 100 members); loans per 100 members 70.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $4.09B |
| Members | 209,927 (5.6% YoY) |
| Full-time staff | 611 |
| Net worth | $538.5M |
| Net worth ratio | 13.2% (p83 of band) |
| ROA (annualized) | 1.56% (p94 of band) |
| Total delinquency | 0.41% (p27 of band) |
| Net charge-offs (annualized) | 0.30% (p25 of band) |
| Loans / shares | 94% (p76 of band) |
| Cash / assets | 10.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.43% (p58 of band) |
| Operating expense / assets | 2.91% (p33 of band) |
| Vehicles % of loans | 25% (p46 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 74% |
| Third-party paper % of net worth | 133% (p48 of band) |
| Vehicle delinquency | 0.48% (p37 of band) |
| Vehicle NCO | 1.02% (p52 of band) |
| Repossessed % of vehicle book | 0.17% (p76 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 188% |
| Core shares % of member funds | 33% |
| Certificates % of member funds | 43% |
| Average share balance | $5,379 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $21.3M |
| Loans outstanding per 100 members | 70% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $22,472 |
| Loans granted, annualized | $1.91B |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $21.3M outstanding purchased (4.0% of net worth), $0 sold and retained. Sold in 0 and bought in 1 of the last 8 quarters. Shares 10.8% year over year.

## 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 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | 3rd-party paper>100% NW |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | delinquency rising |  |
| 2017-06 | 1 |  | delinquency rising |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 2 | net worth falling |  |
| 2020-09 | 2 | margin squeeze | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 | net worth falling | margin squeeze |
| 2021-06 | 1 |  | net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | loans>95% of shares |  |
| 2022-12 | 3 | delinquency rising |  |
| 2023-03 | 2 |  | loans>95% of shares |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 | loans>95% of shares | delinquency rising |
| 2024-03 | 2 | delinquency rising | loans>95% of shares |
| 2024-06 | 2 |  |  |
| 2024-09 | 1 |  | delinquency rising |
| 2024-12 | 2 | delinquency rising |  |
| 2025-03 | 1 |  | delinquency rising |
| 2025-06 | 2 | loans>95% of shares |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 1 |  | loans>95% of shares |

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

- 2025-11-21 [Goldenwest Credit Union to transition leadership in July 2026 - CUInsight](https://news.google.com/rss/articles/CBMipAFBVV95cUxOalQyUUNUNHJZV2V1UWRzd2oxTUNZRG1NNXdCRzZXTnUyQkI2RVd3bTRrMFpocVdKV3pRZ29ldmk5U2ZTbTBoVXdHaFFkSTh2X2ZMclZjMjZUckExSGtlMGNKdnFFREcyeldaQTRHUnR5OXlkcDFrOGtkNWNxNDVfbHg2eUhCZXp3TFFNSWxCNWluZnhTTkpMNS11VVNIY2tQUUZCaQ?oc=5) · CUInsight
- 2026-07-23 [Utah's birthday brings savings! 3 reasons you should buy your next vehicle this weekend - KSL.com](https://news.google.com/rss/articles/CBMizAFBVV95cUxNSUhPR2l4QXE5UW9lNVRBZHVRbDhxQ3o1RWJQbzQyWU9IcHoxRTQ2djFON3RYRFlqMHNFNnFDNEl0VEJRbDdXVkhSVzl4T25HQmczbUt3aF9fRUcyNDRLcTFZbmZOeVI0OURBZlZPaXJpaFBUY1UwQ0tmUFQ3cXROX3pwYVY4RzBNQ1lEZHhrYUNMSWJPYzdGWlJLcUVFSlI1MEZvYjMwRHpFY1JoNkxLTzR5TmJndEMtUno0LTFCWVJsTFRnTFFxakpGOFA?oc=5) · KSL.com
- 2016-01-05 [USU Credit Union Donates $2 million to Utah State University Stadium Project - Utah State University Athletics](https://news.google.com/rss/articles/CBMivwFBVV95cUxPcWZmWjZaYXM1ZFNqTmQ4YktDd1FucFBrT2EtU2JpOTVQalZFRlZFM05CeEh4bzAycHpsZkJNYXFlaVZsOTBKUVlGNEpyWDVnYjcwOXR1VkFQUmlYX0hVcGo0LVlINWNrd0UxSkM0ZmotNjd2Ymw0NHB6LWNEdUxDQ25wRHpuVmxMUkdCcGRuTjk0cnI4bElpWUZyV25xdmxXRU80QUlUcm9kU01WMkNIRXZJczRYd0Vpd0h1Y2c0cw?oc=5) · Utah State University Athletics
- 2023-12-01 [Goldenwest celebrates opening of new corporate center - CUInsight](https://news.google.com/rss/articles/CBMimgFBVV95cUxQaFZxSVJYc1VSOEU0NE5UdXVOeUlYQkc0V3NjSUtRQWpxRDJFN0RYbC1pZFNJWHdUZnBFUzlOREY5NG9BRy0yYkNpallMczJyazg5aW5yQ0hzV2ctT1dTUW5vWFR2N3MwX1ozWDRoZ0ltaG82SDctWlBzWmpQR2FZWnNTNVN2TFJHMkZfelpVR2pqUWRSRW1aQWFn?oc=5) · CUInsight
- 2022-05-04 [Gambling addict who robbed two credit unions goes to federal prison | News, Sports, Jobs - Standard-Examiner](https://news.google.com/rss/articles/CBMiwgFBVV95cUxNcXlOYnNjQTB2MEpydTBHcjdzYjhFSVJzYWJCdUl2U2t0Q0YzcDF2RjBwblduWjM0NEk5NEhkSGJtdm5oMWlnbEg2aUNRSXRtYlRQQW9XbllsaW90Wi1sWXZKOHNMd1dRQUZiYnM1SXpMc1UwVTlNazhub2NXVUJNVmZZeXpuWUlfVzJmN1VMMGV0R21KVlpmLVRYMTVpTnNNU2Z2dE81YWNxbWtrRlNZd1RwR3FWbTRIWnp6Y2sycHM0dw?oc=5) · Standard-Examiner
- 2022-08-01 [Maverik Stadium - usu.edu](https://news.google.com/rss/articles/CBMidEFVX3lxTE9sSl96c29aSUppWk5BdzJVZWtjYlhqVWlWVVZLQldFWnU3all1ZXRualFfczBBV3BCSXNGNjRWQ0JzN2V0U0VZUUk5RWFGNGk3UTQtSFRYTHpEbmpUak1iUkVIcDVySzMyaXhZdGZzWnVaOUhy?oc=5) · usu.edu
- 2025-06-04 [Utah organization helps you take on new adventures with powersports financing, insurance options - KSL.com](https://news.google.com/rss/articles/CBMi2gFBVV95cUxPTXJuenh6aXBCOF9sOVdMNkRxc1FPRFBFS3I5RDRHTUhEQzg0anF3VndhTWdwUUNBVWtBaklFZjhLME1OOEp2VExtejh4WUVWcXkzcXRuQTJCNTRYQVVoRURJa25xX0tvMGctS2VmNzI4X0VpYTVweW9YdE9pbDgwSXRxc19TNDN6bWM1RlV3YXg0dW1YN1VLbks3YTAxRVoweGp2RGdFem42OUdBWEFZZC16ZE5iQTAxTzBqOE9pRnI2U09iZEUzWW9VaWpYZE1fanNXZ1JwUWhfZw?oc=5) · KSL.com
- 2023-06-26 [First-time Utah homebuyers can get up to $20,000 for a new construction home - KSL.com](https://news.google.com/rss/articles/CBMivgFBVV95cUxPX1hmeWIzRVFRUk43Rnhrb1ZCeWN6elBsdjdGMm5hVUQzYUVVLUc1RmVDQmNDdzRFMVo4aHdVbjR5VmREUk1DRXo3WlNTTlhzUEVGZ3pwTnN6anA4NUxiUF94MmtkcnV5VjlSQnZOb21JaVp0VG94V205OU9uMEl5WlFUSlVnYzBaMWRBNW8tbURPZ2FaNkxlQWluWmZLU01ZQ1prT2VwSWNzeG9LUTFqQ1dEdHVHV0ZzcHpOb3Z3?oc=5) · KSL.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24693 (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/53.json (key "24693", 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=24693
- 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