# SCHOOLS
Torrance, CA · NCUA charter 3526 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/schools-3526

Who the members are: federal charter, multiple common bond, organized 1939, low-income designated, minority depository institution. 17,257 members of 35,000 potential (49.3% of the field); checking penetration 67% (share draft accounts per 100 members); loans per 100 members 40.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $192.7M |
| Members | 17,257 (4.3% YoY) |
| Full-time staff | 34 |
| Net worth | $23.1M |
| Net worth ratio | 12.0% (p53 of band) |
| ROA (annualized) | 0.48% (p35 of band) |
| Total delinquency | 0.45% (p37 of band) |
| Net charge-offs (annualized) | 0.71% (p80 of band) |
| Loans / shares | 54% (p22 of band) |
| Cash / assets | 9.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.47% (p38 of band) |
| Operating expense / assets | 3.63% (p49 of band) |
| Vehicles % of loans | 42% (p60 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 32% |
| Third-party paper % of net worth | 52% (p56 of band) |
| Vehicle delinquency | 0.43% (p41 of band) |
| Vehicle NCO | 0.93% (p71 of band) |
| Repossessed % of vehicle book | 0.04% (p70 of band) |
| Real estate % of loans | 40% |
| Credit cards % of loans | 8% |
| Unsecured % of loans | 17% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 58% |
| Certificates % of member funds | 18% |
| Average share balance | $4,588 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $2.5M |
| Loans outstanding per 100 members | 40% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $12,951 |
| Loans granted, annualized | $32.8M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $2.5M outstanding purchased (10.7% of net worth), $211 sold and retained. Sold in 1 and bought in 0 of the last 8 quarters. Shares 3.4% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 2 | delinquency rising, members leaving |  |
| 2018-03 | 1 |  | delinquency rising |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 0 |  | members leaving |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | delinquency rising |  |
| 2020-06 | 1 | net worth falling | delinquency rising |
| 2020-09 | 1 |  |  |
| 2020-12 | 2 | margin squeeze |  |
| 2021-03 | 3 | losing money |  |
| 2021-06 | 3 | 3rd-party paper>100% NW | losing money |
| 2021-09 | 5 | delinquency 2x band, delinquency rising |  |
| 2021-12 | 2 |  | margin squeeze, delinquency 2x band, delinquency rising |
| 2022-03 | 4 | delinquency 2x band, delinquency rising |  |
| 2022-06 | 1 |  | net worth falling, delinquency 2x band, delinquency rising |
| 2022-09 | 3 | delinquency 2x band, delinquency rising |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 | charge-offs p90 | delinquency 2x band, delinquency rising |
| 2023-06 | 0 |  | 3rd-party paper>100% NW, charge-offs p90 |
| 2023-09 | 0 |  |  |
| 2023-12 | 0 |  |  |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 1 | net worth falling |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 0 |  | net worth falling |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2026-09-04 [California, Nevada Credit Union Groups Name 2026 Award Winners - cutoday.info](https://news.google.com/rss/articles/CBMipgFBVV95cUxNVE5rOHZvOXpkQ1RQWmVnNVI4NkFWVGNSVHBZUXp4NkdDUlNNb094SjFSWDlLM0FnUERmQzFCeDhQX1dmbDF0MUlGNDZFVGFvTlMtLTJhaDUzbFBEczJCWlJUZzdJZHAzeXVrVnhKZFJGMUFKck5aRndWY1pXS0ljQWFGUmRqd1V2ckU1YmllemMzX2VKM3h6M1ZubHQyemZuZW55RWdB?oc=5) · cutoday.info
- 2026-09-02 [23 leaders & organizations honored for excellence, achievements, and contributions to the credit union movement - CUInsight](https://news.google.com/rss/articles/CBMi5AFBVV95cUxQdXBWajNJcUxUZnBOTldCZXZBbnhKU1NaTUdZYTdvd3FyMVAxMTh4YjNaazVsNkNOMVNnZGRlaVZVSm8zMk9FemU0S2hJS2hUeXF5Uk4wYlVPOERMR0ZCYXNyeldQU2tTN055Mmp3RUt4X0JCamNXOWI2b0Jfd2xsS3B0TzdLZm5nNTFEV0FJY2xUZXRRMkU5SzZGeWJBd1JiS0d4RXlFWnlyZ1Y5VnQ1U3o4Y2l6dkplcFl6ZXlZY1lBUmVrdXZDM0NJbVRWYzdJUGdBTm5pNnR4Q1NuZE9XZUFNQzM?oc=5) · CUInsight
- 2026-06-29 [20 Largest Credit Unions in America | Banking Advice | U.S. News - U.S. News & World Report](https://news.google.com/rss/articles/CBMigAFBVV95cUxPTGo3NzJqcExQdW1NT240R08xaGVXT1pFZHBGS29RSG9UaUJQaWkxV3RrbEZheE5jWjRlUmp0am5oQ3V6SFh6U2lIQ2NvaWtKTnhsNko2TU0zYXRhWUFEb0ZBUWFJUkxYWlQ4eVBTWHFmNjZkbW1QOXg1VnBDbExpWA?oc=5) · U.S. News & World Report
- 2026-08-12 [Grant Open to L.A. Teachers Through California Credit Union - LAmag](https://news.google.com/rss/articles/CBMikAFBVV95cUxNQUJjTC1kMUpZa0ZSblo0VTFfb0t5YXFXbUR1aThWUWI2TTBWc3FZZGF5MG9acDJxcUEyQmlNV1I0RDBzUHlZcE5BRnFKUjBBdHg2Y0RvZFRRQ0d1dU1WMTZ5dUR4dGdKcUo1STRtcEVPMEd4UUNVZ0w0aFotdGNaU0d1cVF1VnVUbGJDeHJFUUI?oc=5) · LAmag
- 2026-02-06 [Jeremy Empol Named CEO of California's Credit Unions and Nevada's Credit Unions - CUTimes](https://news.google.com/rss/articles/CBMiswFBVV95cUxPYUJJNVR1cVZVdVVDQzNQQ1R0M0pIaVdJNW56SmwzQ0dJb1diM01zNmxSUV9tZTZQUUdiQXMxVWlCcWJ4M0NsVG1aWVpPcTZRLWVfZnp3M01KOTBYZ1ZxaGJUTWt5X014ekhMV21panFVTUdDZlo5Q19mbTF6ak5FV1gzeFpNUkFpdFVFZWVqY2pMQ0xiWkpSQ3pDcE9uWFVmakZXVEc5TjlIUmh6U1V1REdWaw?oc=5) · CUTimes
- 2026-06-30 [SCV News | California Credit Union Launches School Supply Drive with NBC4, Telemundo 52 - SCVNews.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxPUGxNX3Z6OWhMZE5TVGtaVVpDZU82N2JhZ3UycVRZMVd3bnhOVDEyeGhjWS02UFYwU1RTS0V0cHhWOVpVVVBRdzhkSjdNN2JRcWVnUnU0SDA0TFhiUERVMUc2aUlpckNUUWFpclQwckIxUXlLT18tRnBzYnY3YklLSTRsSnZlRHY0dEFfeGlCU0dMNWY3ODlZSUM0cjU?oc=5) · SCVNews.com
- 2025-10-07 [SchoolsFirst Federal Credit Union Partners with the California County Superintendents to Recognize Education Leaders Throughout the State - PR Newswire](https://news.google.com/rss/articles/CBMingJBVV95cUxPNlFodExaTW01V2hGUkR0bWZ5bDhzSzkzVFRtbERDN2t0TTBwTnJJRlkzb1ZvWkpETW1hRk1USFNid25faklPM3pyc3FxTm9JT0puMnU5aTNXZHF4Q1lpRklZTmdKSXBQTGl6QWkwOC1XSWw3SmhadFBwTnc5b2FXd0U2RWs1UHRQTWNiNEZzNjYxQlpBb05LVi1ZcHNRbk0wN0V1clpWUW43aEhVLWhsRUNiaFNrYzYwR2NEZnhOOUdwYUhFOFpwZzBiMHdNd3N6VWg5aGduZGJRWXdUaS1zeG1LTmd4R0kwcGVjLURldk82aU0xMGFRYjZGXzlqbEtick9qQUdzVTFTenpjc0liSi1DT1N6Mkk5UW0zclBR?oc=5) · PR Newswire
- 2026-08-14 [Carlsbad Student Receives Wheelhouse 'Badge Of Honor' Scholarship - Patch](https://news.google.com/rss/articles/CBMinwFBVV95cUxPdkYzdXdJRWEzY3dsQV93cjZURUE3aGVRS3hUN2JiOWxPa1QzblF3bmJKdkV0dlZHOF83dWRDOUp2TEFHUm5tTkdVRlEyUkxsYlk0X1VNWGxhR29rbHZIdUxtVlB5QTVNYmpjVjZCR1RwUTlfemhybkgxOGExanpaTWE2N0FQUGJHX1JzSE1IajFnc0plUEhyS2wyMnFHM0E?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=3526 (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/6.json (key "3526", 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=3526
- 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