# COOPERATIVE CENTER
Martinez, CA · NCUA charter 4900 · asset band $100-200M · latest filing 2024-03 · stopped filing after 2024-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/cooperative-center-4900

Who the members are: federal charter, multiple common bond, organized 1942, low-income designated, minority depository institution. 7,696 members of 50,000 potential (15.4% of the field); checking penetration 57% (share draft accounts per 100 members); loans per 100 members 48.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $126.5M |
| Members | 7,696 (-4.9% YoY) |
| Full-time staff | 18 |
| Net worth | $8.3M |
| Net worth ratio | 6.6% (p1 of band) |
| ROA (annualized) | 0.25% (p28 of band) |
| Total delinquency | 0.78% (p69 of band) |
| Net charge-offs (annualized) | 0.54% (p73 of band) |
| Loans / shares | 63% (p32 of band) |
| Cash / assets | 20.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.15% (p42 of band) |
| Operating expense / assets | 3.35% (p45 of band) |
| Vehicles % of loans | 43% (p57 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 77% |
| Third-party paper % of net worth | 298% (p91 of band) |
| Vehicle delinquency | 1.48% (p88 of band) |
| Vehicle NCO | 1.14% (p86 of band) |
| Repossessed % of vehicle book | 0.00% (p33 of band) |
| Real estate % of loans | 52% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 4% |
| Core shares % of member funds | 84% |
| Certificates % of member funds | 7% |
| Average share balance | $8,617 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 48% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $20,013 |
| Loans granted, annualized | $12.2M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, capital below 7%, 3rd-party paper>100% NW |  |
| 2016-06 | 4 |  |  |
| 2016-09 | 4 |  |  |
| 2016-12 | 6 | net worth falling, auto monoline |  |
| 2017-03 | 9 | delinquency 2x band, delinquency rising, members leaving |  |
| 2017-06 | 6 |  | auto monoline, delinquency 2x band, delinquency rising |
| 2017-09 | 10 | losing money, delinquency 2x band, delinquency rising, charge-offs p90 |  |
| 2017-12 | 7 |  | delinquency 2x band, delinquency rising, charge-offs p90 |
| 2018-03 | 7 | delinquency 2x band | losing money |
| 2018-06 | 7 |  |  |
| 2018-09 | 6 |  | net worth falling |
| 2018-12 | 10 | losing money, delinquency rising, charge-offs p90, loan book shrinking |  |
| 2019-03 | 9 | net worth falling | charge-offs p90, loan book shrinking |
| 2019-06 | 9 | assets shrinking | net worth falling |
| 2019-09 | 8 | repo signal | delinquency rising, assets shrinking |
| 2019-12 | 6 | expense trap | capital below 7%, losing money |
| 2020-03 | 4 | losing money | delinquency 2x band, repo signal, expense trap |
| 2020-06 | 9 | capital below 7%, net worth falling, delinquency 2x band, repo signal |  |
| 2020-09 | 8 |  | repo signal |
| 2020-12 | 7 |  | members leaving |
| 2021-03 | 8 | margin squeeze |  |
| 2021-06 | 8 | members leaving | margin squeeze |
| 2021-09 | 9 | charge-offs p90 |  |
| 2021-12 | 8 |  | net worth falling |
| 2022-03 | 9 | delinquency rising |  |
| 2022-06 | 8 |  | charge-offs p90 |
| 2022-09 | 7 | charge-offs p90 | members leaving, delinquency rising |
| 2022-12 | 8 | assets shrinking |  |
| 2023-03 | 7 |  | charge-offs p90 |
| 2023-06 | 9 | net worth falling, charge-offs p90 |  |
| 2023-09 | 8 |  | delinquency 2x band |
| 2023-12 | 7 |  | net worth falling |
| 2024-03 | 6 | members leaving | losing money, charge-offs p90 |

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

- 2025-01-23 [Nuvision Credit Union and SafeAmerica Credit Union Announce Merger Approvals - PR Newswire](https://news.google.com/rss/articles/CBMizAFBVV95cUxQT2h4alhkMEEtSjhZblVadk1fajdJcmdSVGtuZVNxYk5XWHFkZ3Qxa0FmUGlPTnpFT2JOQ1pMWDhkbEtOQlZPNl9xeU05bzlTaXFFemZxU2pMNEl1ejZsOENpSW54cUxoUE5SR3p6SmpnOFcwN25TVjk1bzdTTVM0VUV4YnZoXzd3cnM3STN2aDZtSlBIN0FaZDRxZGNXYTViTVlwLW02UjkzbkZyVmcwcnpBNUZxcmZWYU5lOTJxVUwxZjZyN2xvVnp5djU?oc=5) · PR Newswire
- 2026-06-02 [No Hollywood Ending for Beverly Hills City Employees FCU - CUTimes](https://news.google.com/rss/articles/CBMilwFBVV95cUxNVEZEQ0pMRldUbndGVGJKS0kxVGFOWmMtck1DeU1lMk51RHV5Y21QekJiWnpWb3B2dDdjX0s3dHNsLXRYSDFSUkNBcjhzZURGZEFhZTZRUmNYVC1qNzRYdXFDbDNYRHB0ejRPV2tObnh1eHhZRE9uNTNQWXZuOFE4aHM1RVhoODBfWklWQXdvUTIzVldxcFNz?oc=5) · CUTimes
- 2017-04-05 [Tax Day: Students prep tax returns for people in need - University of California, Berkeley](https://news.google.com/rss/articles/CBMilAFBVV95cUxNdmRwTzBwck9nUmo2cnd3bVVfQUdHal9aeWl3bVpIX1c3eGYxcFRpNkQtZXJGX0haNi12alJtWXl1ajRnNUJ5S3ZXeHdzQkxacmh5OHNZOUhSdGJwWXBjcU5sY1V3YzFHNTJVYjRrUVo1ZmdGVzZnNTlaa29wOVAwNFNMRlRNNjBVbUpzQzNnVGJFNVFv?oc=5) · University of California, Berkeley
- 2024-03-04 [Shop Talk: Parties trump toil at former co-working space; new tattoo shop on San Pablo - Berkeleyside](https://news.google.com/rss/articles/CBMikwFBVV95cUxQYnZZMEZQSW51RnRDQlRsVHozc21vc1lOR2FmZVJ6YVhpVi1TdXM2cUgxMkVVc2J1dHRMMnFtYU1MWEJnTXdkU2hIeXpKSjlZNWdBZXU3R09nN00tby1tNkpGQ2g0YkU5WXB6ekpkV0w5a2FJUl94QjhLUHFvelY0T0xjRUcxT2lMNmV4YXdEbjFGS2c?oc=5) · Berkeleyside
- 2021-03-20 [Santa Rosa credit union CEO to retire after working for the “good guys” in the financial sector - The Press Democrat](https://news.google.com/rss/articles/CBMivgFBVV95cUxNV0xEb1hDaU9OTlFPZi1GZmpsUEdKajdmQ1ctOHdKSDBrR0ozdjVqVGZNVHdvbGpaXzU0RWVsYUM0NUx2YlR4ZVUtY0ZEOUJzamxiSHFpWnlwYUpESTFBWVBkVFpHUWk3bjBQenh4dm05MG92dU1DWnpnYVhpSkg3bGtlcVJrblEwWlBIYkgtV05VXzFZaHplMHVfclp2eDUxd0RIdUN3akg0Rmh4RXZHRUlTTzhaWWhxalkzX0Jn?oc=5) · The Press Democrat
- 2025-05-30 [Maudelle Miller Shirek Community holds grand opening - dailycal.org](https://news.google.com/rss/articles/CBMi0wFBVV95cUxPcDZlQU1weENnU2JlbjJpakF1RUUtQWsxMU9Zb2ViYXNGaWgxaVZCa3B0VWhfeWQyamJvc056Z3lad2RXcEMyNFZpbV8zLTNIOGhEV3JJbl95ODVqc0VVblZvNEJxel9xTWpTNnZMc3h1WXVuWkIxSGlBTzJxa1FRcVNDOTEwQ19rMDFZTmZDQk52em1JUmQ2SHlXb2tJc1prdmRMdnExektHQ3NvcDV5T0FnWWs1STBQRHd2VVV0d3EzLUtxUUZsUmZIbXBNamFreXlV?oc=5) · dailycal.org
- 2015-02-04 [Berkeley author Parenti relates his road to a progressive outlook - eastbaytimes.com](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPbmwyay1kcTRrMTFQOC0tVmtkVGQtRXNIVU54VFZJVnNaVWVhcVAwRkRRSnVEc1FVTHoyS21xTjlVNjVaMDZPd1otbFpTOUNlbE5PVWo5WkxscHI4QXBZX2tkcmlobjNBUmdyWk9XN1hfazhwTlJxY3VGMGNNRDJMSGQ4M0V3Z0R3dXhlR2IxZ3BJRVlROHYxNnpRZWpGZ3l2TzBnbzNJZDRUQdIBrwFBVV95cUxPVWpBcDdKYURoRHQ2NWJ6SENWVWF6clFHQXd6OFNVQjRkTHNFMjdTOVlvRFA4SDZ0eGF6bDBrSzdCYkMzVW1Ld2pQTmthdUhxdi16Sko5MkZ2cU1Eak1hTWg2UGZ4a1pKLVBQemFZNjhBMF9XN1hIZEp0dVhrdW5iQnE5cmdwYWFBVVhzc3kwdGZjVFpZMjNrM1dSZzktN1FmVkhuNWlfellFVkhVMzBZ?oc=5) · eastbaytimes.com
- 2011-11-04 [Bailout Tracker - ProPublica](https://news.google.com/rss/articles/CBMiYEFVX3lxTE9WRVU5S0txR3VSdlY5QlVQdmdtVTNNdXE0bWZXZnBWT0tuaUx2VFg3Y0FReEZEZnRVV0hDNldzN0puTUpWd3pVcU83V2JYMkdodHRoNTluX2VpMk1ucUtTbQ?oc=5) · ProPublica

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=4900 (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/36.json (key "4900", 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=4900
- 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