# KEKAHA
Kekaha, HI · NCUA charter 2578 · asset band <$50M · latest filing 2018-06 · stopped filing after 2018-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/kekaha-2578

Who the members are: federal charter, multiple common bond, organized 1938, low-income designated. 1,663 members of 50,000 potential (3.3% of the field); checking penetration 40% (share draft accounts per 100 members); loans per 100 members 26.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $20.2M |
| Members | 1,663 (-5.1% YoY) |
| Full-time staff | 3 |
| Net worth | $4.1M |
| Net worth ratio | 20.1% (p84 of band) |
| ROA (annualized) | -0.60% (p11 of band) |
| Total delinquency | 3.76% (p89 of band) |
| Net charge-offs (annualized) | 0.56% (p72 of band) |
| Loans / shares | 70% (p67 of band) |
| Cash / assets | 25.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.53% (p25 of band) |
| Operating expense / assets | 3.51% (p55 of band) |
| Vehicles % of loans | 9% (p7 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 0.84% (p61 of band) |
| Vehicle NCO | 0.00% (p28 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 80% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 80% |
| Certificates % of member funds | 12% |
| Average share balance | $4,423 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 26% |
| Loans granted per 100 members, annualized | 26% |
| Average loan balance | $25,175 |
| Loans granted, annualized | $2.1M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 | delinquency 2x band | losing money |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | delinquency rising |  |
| 2017-06 | 3 | net worth falling, members leaving | delinquency rising |
| 2017-09 | 3 | delinquency rising | net worth falling |
| 2017-12 | 4 | loan book shrinking |  |
| 2018-03 | 4 | losing money | loan book shrinking |
| 2018-06 | 5 | net worth falling |  |

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

- 2019-10-15 [Kauai: Island’s Biggest Credit Union Grows Bigger In Effort To Remain Independent - Honolulu Civil Beat](https://news.google.com/rss/articles/CBMirwFBVV95cUxPLWdlNVQwZkp5OUJBZGlFamdzdksta01JSlFaYzNJTlh6djBsejItUmoyUVNtcEtxN2ZrclkzSlFmN1RnRURyZjVDWVp0S2xLY3ZIc0xmRE0tTlY0a3ZwX2YzSC1wa1hpdTVhVWhGd1MtNnA3N3hVR1c2eE5tem0tdW9GeHBJN2t3bEU2THVOSWlLd3JFQXl0MU9GWGd1ZjlHVld6ck0tcHpQSjdvbGlR?oc=5) · Honolulu Civil Beat
- 2018-11-16 [Hawaii credit union pays $2M dividend after merger with Aloha Pacific FCU - americanbanker.com](https://news.google.com/rss/articles/CBMivgFBVV95cUxOMV9QUy1zQ3VxZjdNZDJjSTlyNURqSmJiUVNsVUYwRlc3SkN6YWkzYU8weWNnS0xUNDN1RGxvYlNTNGJ0NldlNDM5SjJhejhXXzktQkNTZkpNX1dMZ0R0WE9RNm9IUUNtdFBBdkFEREQtcHR1Si10YkluWVpTNHdEXzB2ZkpXdEtGMzlYdkE2bW1sd0RsNV9nekdhOFhIM3FnS1QyZktlRkVsOVMtTlhsdVJOTU1FYy01MEFPcDJR?oc=5) · americanbanker.com
- 2019-02-27 [Aloha Pacific Credit Union Expands to Maui - Maui Now](https://news.google.com/rss/articles/CBMif0FVX3lxTE1EcURCVlNqSTc2d01RTkw1bHhMcE9FYVk4Mk5aSXFKWThqeVVKdUJtaml5UUV3U0poNFhIVE01ZkE3S05uR3pMTFA3QWtaN0p5NHpCUUU0UkVCeG5mNDZ4cy15dVcxbDZjX2tEdTVZVkp0R0kxZDBFc2w3STBveE0?oc=5) · Maui Now
- 2024-07-16 [Local credit union approves proposed merger with another business - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQX21GT2g1TDUxa2tTc0tEb2FPdFNxWlAzRGhWTGVMajN1MkNQck9wcXM2aGRpTWlDUl9sajdhdGhPV1E2ZmFySkZWWThRbnppdXZ0MVRCNHZnOFBURmlpUEVQWUFuME1UTUJvSlRyTVFNVU9DSG8xUmxHV01MQ1FXSFZpZW1VaUt1RkJ5TzJKOW03alhtS2V3dTFsTUZuTEVPNVFxVjFrU08?oc=5) · The Business Journals
- 2021-08-10 [Hawaiʻi’s Top 250 Company Profiles 2021 - Hawaii Business Magazine](https://news.google.com/rss/articles/CBMieEFVX3lxTFAxV0VvT0dDUWVvYUpVSExLWWFjb2RNVWRZeWxuUHYxVk11bjBOcWx3QmdxamdERTFLbkhvNjdQOVdWRV83TmNLb2FnRWMyUmdiSHpEOVZicEJUZTZmcUN0SGQtOUJoQ3RzX0tXTy0wZlRySXdsQTJHMw?oc=5) · Hawaii Business Magazine
- 2019-02-13 [Aloha Pacific Federal Credit Union expands to Maui - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxNNXpydzAwTkJXWlE4Tkowa1ZHMXpFb0tmV1Z2VTBIQ3U2NEc3UVNpUXg0VVBHT1ZQZVNxYW1DdlBidi15YlBFdFJKazNCMEFsejI3QllYNkVEY0trNElQZ3hpZnA4NzBNNTEya3k5akhKTko0ZWhMV1RaMDl4ZnN3aFl6S0lvNkxodE1GMzBrTGdwZWk1SlhLU0xUQjdvUTdPNWlkM1dVS2F3MW8?oc=5) · The Business Journals
- 2019-07-05 [Mergers play a key part in helping local credit unions in financial strife - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxOcHJNYTNaYTUwb2ZJSjdQSFlJcEtsbjdWUEYxekt2bXFhbGZIdjZTejg5emtTWkNhV1d6cHpBZEExX0tab3p5MDhoams5cGYzakVScFhUVE9aT3lJeFlJY1ozZFNQdnVBdUpNUmZ1c0xpTnFNZG5wYU41QW9ZRGhaMW53Y2swWEQwdU83RkVMX3FxWmhGeVFWUFFZUUh4U0MxbkxTNg?oc=5) · The Business Journals
- 2019-10-07 [Hawaii Pacific FCU merges with Aloha Pacific FCU - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQSUdoMGJCWVZJU0kySUZtVV9idG1rUDNWQjcwYmxaM043VHM5NjJVNTFFdURtQW9qWmF2UGx0OG16U2FsSVFlNnl1cUlxdUdjM3M0QUdrYmYtN0F1X0hMSXRkSXNpSGlhenVBak04eXQwQ3lVZWNQRjlYemxPS3d3MlJnSXBGaExuNmdDVEh6eUs0S1ZvZWF2OU5nYmdsVkR2NDVaZm9GWWI?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=2578 (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/18.json (key "2578", 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=2578
- 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