# AMERICA FIRST
RIVERDALE, UT · NCUA charter 24694 · asset band >$10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/america-first-24694

Who the members are: federal charter, multiple common bond, organized 1939, low-income designated. 1,552,965 members of 14,674,332 potential (10.6% of the field); checking penetration 58% (share draft accounts per 100 members); loans per 100 members 61.

**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 | $24.73B |
| Members | 1,552,965 (4.2% YoY) |
| Full-time staff | 3355 |
| Net worth | $2.75B |
| Net worth ratio | 11.1% (p67 of band) |
| ROA (annualized) | 1.39% (p88 of band) |
| Total delinquency | 1.34% (p88 of band) |
| Net charge-offs (annualized) | 0.98% (p62 of band) |
| Loans / shares | 77% (p29 of band) |
| Cash / assets | 13.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.54% (p75 of band) |
| Operating expense / assets | 2.47% (p42 of band) |
| Vehicles % of loans | 45% (p100 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 72% |
| Third-party paper % of net worth | 242% (p79 of band) |
| Vehicle delinquency | 1.42% (p88 of band) |
| Vehicle NCO | 1.42% (p54 of band) |
| Repossessed % of vehicle book | 0.05% (p29 of band) |
| Real estate % of loans | 27% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 60% |
| Core shares % of member funds | 30% |
| Certificates % of member funds | 31% |
| Average share balance | $6,482 |
| Participations bought / yr | $327.2M |
| Participations sold / yr | $0 |
| Participations outstanding | $198.4M |
| Loans outstanding per 100 members | 61% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $17,745 |
| Loans granted, annualized | $7.16B |

## Participation posture (from the same filings)

Bought $327.2M and sold $0 in the latest annualized quarter; $198.4M outstanding purchased (7.2% of net worth), $83.0M sold and retained. Sold in 3 and bought in 3 of the last 8 quarters. Shares 8.8% 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 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 1 |  | net worth falling |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | delinquency 2x band |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 | expense trap | delinquency 2x band |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 3 | delinquency 2x band |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 4 | delinquency rising |  |
| 2019-09 | 3 |  | delinquency rising |
| 2019-12 | 3 |  |  |
| 2020-03 | 4 | net worth falling |  |
| 2020-06 | 3 |  | delinquency 2x band |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 | margin squeeze | expense trap |
| 2021-03 | 3 |  |  |
| 2021-06 | 1 |  | net worth falling, margin squeeze |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | delinquency rising |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 | net worth falling | delinquency rising |
| 2024-09 | 1 |  | net worth falling |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2026-05-11 [Logan Hammer Named America First Credit Union USU Student-Athlete of the Week - Utah State University Athletics](https://news.google.com/rss/articles/CBMi2AFBVV95cUxOU0sxVDdQVzhjZ2l4UDBMMEFXRVcwQ0xnekxtMUdHM2hFT2swaUJ3RzNrVFk3ejBVRlhHTjRHX0tyYU1lUzZ6VlNydWRFdjd5MlJHTUdROUFXSVlvMjBkMTZiM2FkVDIwdnRGNS1vbXRLVFBXRWo2dnN6LXdYWHFyQlJaWWVwMUtfR0J2ckZaRUNldldWSmdmQjlnV1Roakc0cGVXN2g2WHJubzdGRmdobkZlcEV3RTZKN05hTjV4OXAwekRXcldJSGJiQ0tRQmF5amE4cVAzeGE?oc=5) · Utah State University Athletics
- 2026-05-05 [The 10 Largest Credit Unions In The U.S. - Bankrate](https://news.google.com/rss/articles/CBMidEFVX3lxTFA4ZGZEYmpOV1llV1R3VDk5T1pYcURFb01HcEc0VTQ2RlFfajJfa1UtMi1HRGN6ZDFsaXUzcEVsaDlKZDE5NW9YTkgyWU82V3lWT25sYi1SOXlNSWhlT0p0N1JLbzFKaWJRc2N5dHozMndDbVI0?oc=5) · Bankrate
- 2026-04-08 [America First Credit Union welcomes Jessica Graham as EVP, Chief Legal Officer - CUInsight](https://news.google.com/rss/articles/CBMiugFBVV95cUxQeEsyb3F5V0dMM3JfOXV4ZlJfSDVUbGdOX1N4Y0czcFo1OC12RmpVLWRwS1dQNXB6emozbFJvSWl0bkFHZy1KN3NPN3h4eVVNbXZPaThGMENQcy04TUJqanc1bGRVeWR1di1rVTlHcUdiVHNjeHBFZC11M1dnSi1IenhHcXVrLTdwVXFHU3hrMVpyRHExMFhBQXhDZ1FzVFg5Sjh5azJzVGs5SEFXYW45LVlfdlNxQXFxUlE?oc=5) · CUInsight
- 2026-02-03 [America First Ballpark - University of Utah Athletics](https://news.google.com/rss/articles/CBMiaEFVX3lxTE5ZcC14NExaQzc3SkZuS2RpdkN4dVFRTlpIQl9CYVdiWE1aUjNOdmxuSWxTRkFQbUVrR0JoOWdLUmpxV0g2NjQ3eVp1VEJWZ0xMOHJUcDQ1MlAyNXpCVVVHSVpHTlNHMVlr?oc=5) · University of Utah Athletics
- 2026-08-06 [Brush fire comes a few feet away from America First Credit Union campus in Riverdale, cause under investigation - ABC4 Utah](https://news.google.com/rss/articles/CBMiakFVX3lxTE5TWms5eXVCWGZESXBPclpLcDJuV3hlYnpxR1R4c2I0ejBrSXVYNjVRSFRrWE41cU1zU081aUFfUFhYenNwbEZSZ0ZxcVJrQjJSck92TE53X1JyYXNZVDdVTHplM095MXhBc1HSAW9BVV95cUxOYnBLVi1jQlNybW5ZNDJSSDB0aWc5bXUybklJc1VDc3FoU2FSUUhEWk82TGlmazhTM1ZzdU9pTzZZWDU0UlVQZzBRdnEzbjRpZGJlaGlhTEN2OWhnVHh0RGpDbDl1OGx6M0xGdDFVTjQ?oc=5) · ABC4 Utah
- 2026-05-18 [Ayodele Ojo, Jr. Named America First Credit Union USU Student-Athlete of the Week - Utah State University Athletics](https://news.google.com/rss/articles/CBMi2wFBVV95cUxNSmFWQzlVV3lHQkY2d3Z5UXd6bUZhVzNYZzFZa0N3VTJaQ05CaUV5dmJ6U2xEbFlOVWhHWEF1emJRc2hMcU5OUnVDcjg0ZDhFZFprLUpJTi1LMW12cThZVlU1TmVCRzg5SVB1dHExMTBhTER6dkdldTB3Uk1FbXhhSnRrWU42LXplZXRuTGFGMGZfa2ZkWHBfQjlnZ0tJSjZrdVZZRTlfWk9BRTZYY0NTSkRxSlY2Mk5ZdEdHQ2VuSlRGWEt0dnkyWGNnREFtbE1RUWlkNFdjTlFXYVU?oc=5) · Utah State University Athletics
- 2026-02-23 [Olivia Orengo Named America First Credit Union USU Student-Athlete of the Week - Utah State University Athletics](https://news.google.com/rss/articles/CBMi3AFBVV95cUxOOERYX0JlR2p2cXNhLW9BZGYxU3VWVFowdERyeHpUT2ZTSWlCaWJKZkdncTI2cXl4cDIwVVZ4LWxXLTVfYnVPTkxOajE4ZUpnMmVkVS15TlE5emNNVU90NXBOUHhvSnozYmFYOU1jZlhNRlF0UHpfZ2c4WjJqMEk2R1hkRGFQTUdWM3k2X2xvMS1La19TSGpVSXlySEhhTDhhOUo4cFVjc09vTklZcVExeFp1MmYwZGZvdWtVOEZkTk9NMEpkWmhrd3hiSHhTVVltTzZ0cDBIZ2FOMWRx?oc=5) · Utah State University Athletics
- 2026-01-26 [Jelen Named America First Credit Union USU Student-Athlete of the Week - Utah State University Athletics](https://news.google.com/rss/articles/CBMi0gFBVV95cUxPc0Zwc3NTek5CNW9pWEMyNVNOODRjZmFjZVQ3bGl1RGNZajBoZUU5UWNCSXBydC1uZE1abWVkYVdvNmN3bWlhS2ZQRlpxbnA5NG1SMGlESTEwLTV0U3RtQmNGYXdYbURJVUFTblZLalp2OG9scDRvUGhRMmpORnJWdmJza29pQ192TTN0c2xfdkxVY1BRVzYzd1hnLXlaeGV2aWszZUx0azh3V0ZXZ2d1UkRhNW5vc211dkoyaXB6M1d0Y3NOVjNDT0hkaF9sTmpDcUE?oc=5) · Utah State University Athletics

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24694 (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/54.json (key "24694", 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=24694
- 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