# MATANUSKA VALLEY
Palmer, AK · NCUA charter 5924 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/matanuska-valley-5924

Who the members are: federal charter, community charter, organized 1948, low-income designated. 65,250 members of 812,232 potential (8.0% of the field); checking penetration 58% (share draft accounts per 100 members); loans per 100 members 35.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $985.0M |
| Members | 65,250 (4.2% YoY) |
| Full-time staff | 179 |
| Net worth | $102.0M |
| Net worth ratio | 10.4% (p49 of band) |
| ROA (annualized) | 0.88% (p65 of band) |
| Total delinquency | 0.95% (p76 of band) |
| Net charge-offs (annualized) | 0.86% (p82 of band) |
| Loans / shares | 66% (p18 of band) |
| Cash / assets | 15.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.78% (p74 of band) |
| Operating expense / assets | 3.27% (p34 of band) |
| Vehicles % of loans | 44% (p77 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 78% |
| Third-party paper % of net worth | 200% (p74 of band) |
| Vehicle delinquency | 1.58% (p92 of band) |
| Vehicle NCO | 2.60% (p92 of band) |
| Repossessed % of vehicle book | 0.06% (p54 of band) |
| Real estate % of loans | 26% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 93% |
| Core shares % of member funds | 49% |
| Certificates % of member funds | 24% |
| Average share balance | $7,262 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $25.8M |
| Loans outstanding per 100 members | 35% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $25,152 |
| Loans granted, annualized | $150.5M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $25.8M outstanding purchased (25.3% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 6.0% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## 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 | 2 | delinquency 2x band, delinquency rising |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 1 |  | delinquency rising |
| 2018-03 | 2 | delinquency rising |  |
| 2018-06 | 1 |  | delinquency rising |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | net worth falling |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 1 |  | net worth falling |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | losing money |  |
| 2020-06 | 3 | margin squeeze |  |
| 2020-09 | 3 | net worth falling | losing money |
| 2020-12 | 2 |  | delinquency 2x band |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 | 3rd-party paper>100% NW | margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 1 |  | net worth falling |
| 2022-06 | 1 |  |  |
| 2022-09 | 3 | thin capital, net worth falling |  |
| 2022-12 | 1 |  | thin capital, net worth falling |
| 2023-03 | 2 | leaning on borrowings |  |
| 2023-06 | 3 | net worth falling |  |
| 2023-09 | 5 | thin capital, delinquency rising |  |
| 2023-12 | 5 |  |  |
| 2024-03 | 2 |  | leaning on borrowings, net worth falling, thin capital |
| 2024-06 | 1 |  | delinquency rising |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | net worth falling |  |
| 2025-12 | 2 | delinquency rising | net worth falling |
| 2026-03 | 2 |  |  |

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

- 2026-04-09 [Matanuska Valley Federal Credit Union donates $359K to non-profits - youralaskalink.com](https://news.google.com/rss/articles/CBMi7gFBVV95cUxPc1BVQlh1cWw1RWtoQk1TUkU5Rl9GaGR2S1dNcmkwdGlFWmp2bXlHdU1VaVR5aUp2RUJVVFRWaTZkLVN2WkJFOWx4OFRPUFJXUGlxcXMtZ1I4OHp4dTA3aGs0UlNITlFOS2ZROUFDQnJwT2xRcDlfb3RnV0VITElKdFpNQzZ0eVQ1azdrU3hKU0lxOVd5WjdTQUFja0ZEekxEZEZsdm5Sdm5RT1lya3ItWXd0Tk13V3dhbHN4THo4a2JqbVNXZ3lEYkpQbVMyQ3hwamxZckhOUE1jekhnQW04ZGVLbTBqR0VNOWdlaHZn?oc=5) · youralaskalink.com
- 2026-04-24 [Small Offices, Mixed Shop/Office, and Large Leases in Demand in Mat-Su - Alaska Business Magazine](https://news.google.com/rss/articles/CBMipgFBVV95cUxPMFJIVVFZOUYxVEZtQTBxaHIycVpnenRPejF2Nl85eFRIY1hHd1NUUVloTzM4T1piNTdQdk9zTEFSU2FBWXVqelV5NDRQbHhTOUNJY183LUNNbmNBcjk4eU5RZUJOR3Vmc0VzRHVKYWN1d0UwamFiMkdCUXhja203RWpTM0lxVjVMMG1ubXcwRVBHemJJR0xNTVR1TFViTjgyZmNsOFdR?oc=5) · Alaska Business Magazine
- 2024-10-21 [Matanuska Valley Federal Credit Union—It’s the MVFCU way! - CUInsight](https://news.google.com/rss/articles/CBMinAFBVV95cUxQVzhMVE8wZjU4MllKTFpaLU9LaHJvbXA2bU01aVlsd2phZG10YXYzcUhLaUNQTGxoQ2VpWlppTzMxQmdGZW1tRWxJbURwX2FfaTBIbnVidzdfQ3MyMHd6TDEwczA2ZVlYQlMwRlpNeW41d29BUnVRdzlwbkFLaVUwWVVsMExXWl9wVzVfREFHc005M1VIRkxmc3hXZXY?oc=5) · CUInsight
- 2018-12-27 [Matanuska Valley Federal Credit Union CEO retires after 43 years of service - Mat-Su Sentinel](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOaFVFVk5EbnMteHcwYVNWZkFQX284dGJXQWZ5ZE1GNFBUSlNMdFMtSjBxVUxrLXpJU3FlZU5mZGNPX3RPOXNBWERJQV9pSXlXNGtCOGpUTXJPQlhRY3YwUWJnc0lHYjllQl9Bb3R4WnB3WFVrX1pQSHRsYzBKdzV6SW9waGt3dFlLSkNwandHM2FWLTZYdXo3ZXNldUlSM1FGaGNvZk5mQWo?oc=5) · Mat-Su Sentinel
- 2019-06-24 [Alaska Credit Union League Donates $15,000 to Upper Susitna Food Pantry - Alaska Business Magazine](https://news.google.com/rss/articles/CBMisgFBVV95cUxQVi1sZE15V3RqSFg1Y09GbS1nMEd0WEpDMEljODFrU21aSkZUT1dIdFhMLVpBMWFIODhOcWNWdXFnVEVidkRCQzBsaWdmRERCMEhUeExPaktrU0FEZ0ZRTFVCX043V1NhT2tqc1p3WWg2ZXIzRWplVElLNzJ1Rzd6N3B6dE9YSjg3QTFkTl9Vb1ZZdU5EVWdtcjVlMWdXYTN5SVBNSHVlajItazFwTnJaOXVB?oc=5) · Alaska Business Magazine
- 2026-08-14 [Alaska’s 2026 Farm Family of the Year Award Goes to Anchor Point Greenhouse - Must Read Alaska](https://news.google.com/rss/articles/CBMipAFBVV95cUxPcUh4bzlZd09kSlFnRHBLOWtualdqdlpNZUdXaU5tVnZHOWQxYjJ0aVl1aUJSWXdrUDllczVFc09tb1gycU9sSUhHOE1IWGdkMWpOWFJYdEFUeVFGMWotaHJ0dzNqM2ZIX2hfb1lIdldQalVxbTVxRXQxendHYnR5RTBudEpSV3dCYnE0MlBydXgzZ1ZGbUdjY3RfVkJOcEZXZkxZZg?oc=5) · Must Read Alaska
- 2016-06-22 [Patricia Sandvik Obituary (1934 - 2016) - Palmer, AK - Anchorage Daily News - legacy.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNS1BWamw3S1JSWDB6MWpVbmpxeVFxNW5MQWJvOFFFU1oyVHBGTTdBNFVrajF0U3FkMjh5cXljNUZCU2xnZms4MDFWNTV4ZnVWZDdCbFdsdDVoUThvR3piZE02aXJ6NkE0dzdXcW9LeXo0U2pwSExuOFY2TUdQaXRjUkRyS01hSTQwWHBR?oc=5) · legacy.com
- 2024-10-30 [Greater Wasilla Chamber of Commerce Wins BBB Ethics Award - Alaska Business Magazine](https://news.google.com/rss/articles/CBMipgFBVV95cUxPR0NZR0QtQ1FYellGSk1KTUVkcTNMcVduVk5LTVVxOEtmSmVYVjIxb0E5WWRkVmFtaS1RWGVmYmk2dHFORkRabmNNZUc3VnUzbTM3akNWaUJNX3UtRUoxTTFYUTJKX1ZnTWZGRjdFZjdsNHJSUFdBaWpPZ29lS3Y3Ul93bVo4azFiLUR4UkdhVnhhXzQ3N0R1MDVRT1FtQm45LWV6aXRR?oc=5) · Alaska Business Magazine

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5924 (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 "5924", 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=5924
- 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