# DESERT FINANCIAL
Phoenix, AZ · NCUA charter 3238 · asset band $1-10B · latest filing 2020-03 · stopped filing after 2020-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/desert-financial-3238

Who the members are: federal charter, community charter, organized 1939. 327,289 members of 4,958,200 potential (6.6% of the field); checking penetration 86% (share draft accounts per 100 members); loans per 100 members 31.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $5.43B |
| Members | 327,289 (-2.8% YoY) |
| Full-time staff | 847 |
| Net worth | $686.8M |
| Net worth ratio | 12.7% (p81 of band) |
| ROA (annualized) | 0.65% (p53 of band) |
| Total delinquency | 0.25% (p21 of band) |
| Net charge-offs (annualized) | 0.16% (p16 of band) |
| Loans / shares | 52% (p4 of band) |
| Cash / assets | 1.2% |
| Borrowings / assets | 3.69% |
| Net interest margin | 2.13% (p13 of band) |
| Operating expense / assets | 3.45% (p66 of band) |
| Vehicles % of loans | 38% (p63 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 51% |
| Third-party paper % of net worth | 65% (p27 of band) |
| Vehicle delinquency | 0.08% (p6 of band) |
| Vehicle NCO | 0.27% (p18 of band) |
| Repossessed % of vehicle book | 0.02% (p40 of band) |
| Real estate % of loans | 60% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 44% |
| Core shares % of member funds | 43% |
| Certificates % of member funds | 6% |
| Average share balance | $6,192 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 31% |
| Loans granted per 100 members, annualized | 23% |
| Average loan balance | $22,981 |
| Loans granted, annualized | $1.45B |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | leaning on borrowings |  |
| 2016-06 | 0 |  | leaning on borrowings |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | delinquency rising |  |
| 2017-06 | 0 |  | delinquency rising |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | members leaving |  |
| 2020-03 | 1 | net worth falling | members leaving |

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

- 2026-06-09 [Desert Financial Credit Union announces new chief financial officer - CUInsight](https://news.google.com/rss/articles/CBMirAFBVV95cUxOdXRKcWZ2bTVweFFueC1wV2ZtTi1WaDJlU09Qa0lDU2F6LW80emxCc2Q3NkxOVlVHVmZJZWV4RGJ2eUpMdUpEMFg5ODZhbkthdFlyQWFIalZxWTV6VXRvcXA5cUhSVmdpdDVmYUJ2YnFJNmFtcHRpNmxEdjV4Z1YwejBQN2RfWkFPLUpwc0xBal9iWjdzZ3B1aFRETGZfak85ajhRZE9rbC16T3dT?oc=5) · CUInsight
- 2026-07-09 [Scores for Scholarships presented by Desert Financial Credit Union - Northern Arizona University Athletics](https://news.google.com/rss/articles/CBMieEFVX3lxTE5FUW90WTdPZ0czRHRZamxmakhGaVp6Y1dnbWxYYUxFVjlsZWVHSUhVeEVDdVBpRV8xZWVJcnFnYlZqX3JKYnZuZmJ6TmRZaHVKcVdjSVl0VnY5NGY5cmxiSGlvMVFvUFl5emU5REFTUWh2czFyaEdpRA?oc=5) · Northern Arizona University Athletics
- 2025-12-10 [PHOTOS: 2025 Shop with a Jock - Arizona Cardinals](https://news.google.com/rss/articles/CBMicEFVX3lxTFBtSWpTQ2xDQjYyWnFoelZmcy0xOF9rZFUyYXlLY3VjVkZaczd1SXI1S2picWI0SEllU3BvckRXRE5qb2JEQ2lOaVVfcTVxZEJvdXlQdTdJR2xCSG9heEtvZU9SXzZQLVQ4a3dDOFNELXY?oc=5) · Arizona Cardinals
- 2026-04-01 [Kendal Harris, Hired at Desert Financial Credit Union - The Business Journals](https://news.google.com/rss/articles/CBMijwFBVV95cUxQTWFfVFZ3bGNhcV9KbExIYjIwcFV2NVlkd0JGVk9fcG1Ra01xR08yS0xlYXA0X2F0SUdoeVpSUk9rZXZvVzhOOW9tdXdubWRmaE1sZW8zcGl0TW5kWEtkb0VXeXFCdXNVREdhR0FHWVNOTUpYSEN0U3BnYUFlZmF6ZzdydV9QLUFIUVFWYVRmcw?oc=5) · The Business Journals
- 2026-03-09 [Desert Financial Credit Union Changemakers celebrate female student athletes - Tempe Independent - yourvalley.net](https://news.google.com/rss/articles/CBMi0gFBVV95cUxOa1c0NDZzUnJ0MnpZSDRPeDRla2VINmpOWEhGY0c3RWtOZE1fVzNjV2NWWnBILVp2T1FKZFlCamQ4V2Z0QjBfeVJnQUx6OTlrQkZtY2EwY2V2NU9lWXhiZ2NBTE9IUHF4V1pzOW1oZWNqTDIyNlR5Slk3TzRmTHk2VHdWd0VoRUR5SmtLbDZXRVZybEs0c0JlanpmT0F5bU0zaWp3SWJ6T2hzUVlENWNQVXoxSzVHZ0FYdFJIWTdTaHZlT1JLbFRTdHpMU3o5aEhUWXc?oc=5) · yourvalley.net
- 2026-07-09 [How Desert Financial offers personalized financial strategies for every generation - AZ Big Media](https://news.google.com/rss/articles/CBMitgFBVV95cUxPRHM4eVdIcXBXMEhEQmlQWWJjRHp5dTF2TXlPSnhfS3lyb1B1bkN3NDBsLUZ0YzlGSHJFamRfTUI5VjZrbjV0TE10U1lySV9mWnBESjRLaF9hUk8tMF9LYU9sSGp3YThFMTNOcnVVZTVuc3hGenV2VzljS3pnMHNNc1hkTkp1dWNva1VHbTNLU253Y2t3LV8xdkM5YmM1YVFiTGRLdW5qRGFUanVTZmdxS0RTWE43dw?oc=5) · AZ Big Media
- 2026-07-23 [Desert Financial Credit Union announces new Executive Vice President - CUInsight](https://news.google.com/rss/articles/CBMirgFBVV95cUxNMm9PbDd1Vk91bjNtaG5VSUc1Sk1FanhQX3pvcHFpYWxYbk1EUHB6ZnZqYjV2T1ljdDYwcXFnaG04QW9WYnUzeU5ob3RuX2pyUzhzNXZJQV9SUEtCbzVCU2FaeFBpOWdMUi1ncWFndnZmcWpMeFlUNWV6eWIzNVNvcG91elRoWVR2dlp6am5DNWcxUFpMNndvLTRZS2tPRDdDZURrMVloeFNyX1RjRmc?oc=5) · CUInsight
- 2026-01-29 [Desert Financial donates $1.4M to help teach kids at Phoenix Children's - AZ Family](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNOENBdmJNZ1o2bXlOQlBzOXBCSVVfWmZIbXRXdDdudTlaeE5MempoeTViT1BOdjhhbTFnN2w0R3JOYVVnU25uLV9weHN6ZzhjWjFaQVlmVURiRVFWTDhQR1cyckROWHE0NlktTXNEcHVwc1lOSms0WUNEellXYnpINnNLY2pGUXFvdUhvWGJudkNIZjBabWtYSmFiVHA2Y2R0bURyREJINDE?oc=5) · AZ Family

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=3238 (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/38.json (key "3238", 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=3238
- 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