# KINECTA
Manhattan Beach, CA · NCUA charter 4142 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/kinecta-4142

Who the members are: federal charter, multiple common bond, organized 1940, low-income designated. 229,597 members of 15,825,561 potential (1.4% of the field); checking penetration 55% (share draft accounts per 100 members); loans per 100 members 40.

**Verdict on the desk:** this could be *ordinary*. 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 | $6.44B |
| Members | 229,597 (-7.1% YoY) |
| Full-time staff | 663 |
| Net worth | $582.3M |
| Net worth ratio | 9.0% (p15 of band) |
| ROA (annualized) | 0.33% (p17 of band) |
| Total delinquency | 0.42% (p29 of band) |
| Net charge-offs (annualized) | 0.49% (p49 of band) |
| Loans / shares | 91% (p64 of band) |
| Cash / assets | 3.7% |
| Borrowings / assets | 1.72% |
| Net interest margin | 2.50% (p9 of band) |
| Operating expense / assets | 2.54% (p18 of band) |
| Vehicles % of loans | 8% (p8 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 60% |
| Third-party paper % of net worth | 59% (p27 of band) |
| Vehicle delinquency | 0.21% (p13 of band) |
| Vehicle NCO | 1.03% (p52 of band) |
| Repossessed % of vehicle book | 0.05% (p42 of band) |
| Real estate % of loans | 68% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 114% |
| Core shares % of member funds | 39% |
| Certificates % of member funds | 50% |
| Average share balance | $12,289 |
| Participations bought / yr | $111.9M |
| Participations sold / yr | $0 |
| Participations outstanding | $711.9M |
| Loans outstanding per 100 members | 40% |
| Loans granted per 100 members, annualized | 21% |
| Average loan balance | $56,893 |
| Loans granted, annualized | $1.05B |

## Participation posture (from the same filings)

Bought $111.9M and sold $0 in the latest annualized quarter; $711.9M outstanding purchased (122.3% of net worth), $28.5M sold and retained. Sold in 0 and bought in 1 of the last 8 quarters. Shares 8.8% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, expense trap, loans>95% of shares, 3rd-party paper>100% NW |  |
| 2016-06 | 4 |  |  |
| 2016-09 | 4 |  |  |
| 2016-12 | 3 |  | expense trap |
| 2017-03 | 3 |  |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 4 | net worth falling |  |
| 2018-03 | 4 |  |  |
| 2018-06 | 5 | leaning on borrowings |  |
| 2018-09 | 4 |  | net worth falling |
| 2018-12 | 4 |  |  |
| 2019-03 | 4 | members leaving | leaning on borrowings |
| 2019-06 | 4 |  |  |
| 2019-09 | 4 |  |  |
| 2019-12 | 5 | net worth falling |  |
| 2020-03 | 6 | losing money, margin squeeze | loans>95% of shares |
| 2020-06 | 5 |  | losing money |
| 2020-09 | 4 |  | net worth falling |
| 2020-12 | 4 |  |  |
| 2021-03 | 5 | net worth falling, loan book shrinking | margin squeeze |
| 2021-06 | 2 |  | members leaving, net worth falling, loan book shrinking |
| 2021-09 | 2 |  |  |
| 2021-12 | 3 | net worth falling |  |
| 2022-03 | 3 |  |  |
| 2022-06 | 2 |  | net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 4 | members leaving, loans>95% of shares |  |
| 2023-03 | 3 |  | members leaving |
| 2023-06 | 4 | delinquency rising |  |
| 2023-09 | 4 | leaning on borrowings | delinquency rising |
| 2023-12 | 6 | net worth falling, members leaving |  |
| 2024-03 | 8 | losing money, margin squeeze |  |
| 2024-06 | 7 |  | margin squeeze |
| 2024-09 | 6 |  | net worth falling |
| 2024-12 | 4 |  | 3rd-party paper>100% NW, losing money |
| 2025-03 | 5 | assets shrinking |  |
| 2025-06 | 5 |  |  |
| 2025-09 | 4 |  | leaning on borrowings |
| 2025-12 | 2 |  | loans>95% of shares, assets shrinking |
| 2026-03 | 1 |  | thin capital |

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

- 2025-03-06 [In celebration of Black History Month, Kinecta Federal Credit Union hosted its seventh annual ‘Defying the Odds’ event to empower male students - CUInsight](https://news.google.com/rss/articles/CBMijgJBVV95cUxNRWs1Mms1ZXRUOTVjUXBpajNPbENURC1qQmlmb3ZwLTZxNUZJVmVXM01ralNfa29jblhnY3FTSnE5N3Y0YU16alpKOF9MeGk0TU9UeVRNNUNzT3pyYXhPRkdLeGVOcktzVGRYcEQ1T3RWMk5KRTdqNE1zaEs2bWFQbk4zU2hCRVcxOGZpNzc4cWZDLUlhU1U3Z2daY3Z6Q0xwbUk4cHUzTWFaT0p2WWZUSHJoTkl1eXY4YV9wR2hZWDVsRnI4and0aGdVeTBXTEhzSmIwSUlZdkhob2VuampUYTFQRWhfOFlCQ2pybXB1UExqcVpSdUVkVzlUMmxLcjZBQ29aWE00TmF2TU0xQlE?oc=5) · CUInsight
- 2021-12-06 [Teresa Freeborn Announces Plans to Depart Kinecta Federal Credit Union - PR Newswire](https://news.google.com/rss/articles/CBMixAFBVV95cUxORHJscU5ZVUx2ZnF3S2M5X1pNN3p6RlJEX21rSHRtY1o3eURDNW96N29OM1VmWl9VOXc0WS1MRTRlRjNRYkl6WFVKdmc4RjJodnJIcW4tSVpyalkxa19SZEhUb1diZi1PZEZPaHFSaGpiUHcwTzc4dnVseC1BT3hwSk51TUIxQ0xTV0N6SVg1bmFoSkI2M0JDdFBqX1R4ejh4NXZ0MDRETk5xZHJVcWhfa09sZmZrcDA4VUZVRGhGVURwOTlt?oc=5) · PR Newswire
- 2023-11-24 [BUSINESS SPOTLIGHT - Thousand Oaks Acorn](https://news.google.com/rss/articles/CBMiZkFVX3lxTFBveV96MHR3MUVPOHRnV09NeGxpUGVIbzNxaDd5SXMzRDR1MDZuT3B5OU5Pdzl4OXBEUEpFZ1RXaS1qdnd6YnpPTUZTU1A0eGpGcGxBLVQyQlF6b2YzdXAyNFFZTTBsdw?oc=5) · Thousand Oaks Acorn
- 2021-03-02 [Kinecta Federal Credit Union Of Manhattan Beach Merges With Xceed - Patch](https://news.google.com/rss/articles/CBMiowFBVV95cUxQT0NjN2ZJVDBhNzZDSG0tTXdRZkdDcDR2aWlzSFEtTzNYVUo2ZlVMZ1Zub0NZSWxVdjZ1ZUR0RWR3cE56UkdfcnNlNEFqM21kTWUtUDNCZzVZZV92OXA4Z18wam45dUNYQ0NsaWtIdjJmU3lVN3l2YkZuTmNOZVdXTHFBV21mRFJFT3JFdS1WMC1nZnhzck9wS2tsVnY3MlF4ckJR?oc=5) · Patch
- 2022-06-23 [Kinecta donates to senior bureau - Gardena Valley News](https://news.google.com/rss/articles/CBMicEFVX3lxTE85RmxjX1JhTEhJRTdnTlVnWHQ5VmxYTllZZU9uanQ0dkJqdmRjZ1FEbjd2WU0wcU5hUDhSb3BaZlh0d0YyNTlZNEFpOVY4UHVGUmJJa0hmak9ZT05DY2NUeTUzVXhfNXZnUWtEek5udHc?oc=5) · Gardena Valley News
- 2022-11-04 [Kinecta Federal Credit Union Review: Large Branch Access and Good APYs - GOBankingRates](https://news.google.com/rss/articles/CBMijAFBVV95cUxPb1dUUW1OWUZndDhMVlNtSmltYjFxWE9BRFFHQ2hjSmw4Q3BxMUxsVjkyNlM3dnpFMkwtOWtXZVZINXZra1Q2cVNpa0pXWXBLOTR5aGNrNHliY2dHSkRFREZhNWZVc3NEb1pyZk9mR2VPZHd4ZXVtMjlYN1QxRERTQ2stN005YlluM2tONQ?oc=5) · GOBankingRates
- 2026-04-15 [Skechers Pier to Pier Friendship Walk Breaks New Records With More Than $3 Million Raised for Kids - Skechers](https://news.google.com/rss/articles/CBMiaEFVX3lxTE1TSE9UdUxFVzJMM2ItaEZwT0tzWTl5V21PZGtTUzZ4amlmMC1kVTRodmg5YmRINksxRlo5d1ZVdkNJRG8zYVVTaUJyNHB2bzlfOHlFLXhmNXgwTFozLURadW0zMnRJUHlZ?oc=5) · Skechers
- 2020-03-27 [Michael J. Lynch has been Inducted into the Prestigious Marquis Who's Who Biographical Registry - 24-7 Press Release Newswire](https://news.google.com/rss/articles/CBMi4AFBVV95cUxOamJ5TjByYXpUb0hGbk14VjJOUnBYZHE4M0tFaDR5X1h3N1ctNWIyUVlTQXExWEtONlRBSWxxajNER19fVVFNUnd1amx1VG1fekdwY2FSSDI3dEl3bnoyZTZJaGxlNHZXVHNwTTNqV2M2TDN5aG0wbDdidWFGczNPTTJMUUZ6Q18xZVdCSW9XMm1vY1lYN0tlX0J6NWZMSVk2ci1TTWs1dGtJbUdsR2lodGRKTDNoaEtCLTBWU05XNVdmSm9DZ3B4RXluM1puUDMyTU0tUDJBdEk3UzFHRHpabw?oc=5) · 24-7 Press Release Newswire

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=4142 (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/46.json (key "4142", 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=4142
- 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