# SAN TAN
Chandler, AZ · NCUA charter 60651 · asset band <$50M · latest filing 2022-06 · stopped filing after 2022-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/san-tan-60651

Who the members are: state charter, organized 1955. 1,014 members of 10,000 potential (10.1% of the field); checking penetration 44% (share draft accounts per 100 members); loans per 100 members 58.

**Verdict on the desk:** this could be *too clean*. Composite score 10 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $10.4M |
| Members | 1,014 (-12.1% YoY) |
| Full-time staff | 3 |
| Net worth | $637,267 |
| Net worth ratio | 6.2% (p2 of band) |
| ROA (annualized) | -0.08% (p32 of band) |
| Total delinquency | 0.11% (p29 of band) |
| Net charge-offs (annualized) | 0.11% (p64 of band) |
| Loans / shares | 36% (p29 of band) |
| Cash / assets | 58.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.89% (p29 of band) |
| Operating expense / assets | 3.94% (p78 of band) |
| Vehicles % of loans | 86% (p94 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 28% |
| Third-party paper % of net worth | 131% (p97 of band) |
| Vehicle delinquency | 0.13% (p43 of band) |
| Vehicle NCO | 0.26% (p81 of band) |
| Repossessed % of vehicle book | 1.28% (p99 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 76% |
| Certificates % of member funds | 0% |
| Average share balance | $5,682 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 58% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $5,896 |
| Loans granted, annualized | $1.7M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **delinquency rising** (`aq_dq_rising`)
- **repo signal** (`aq_repo`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 5 | thin capital, capital below 7%, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 |  | capital below 7% |
| 2016-09 | 3 |  |  |
| 2016-12 | 4 | delinquency 2x band |  |
| 2017-03 | 7 | capital below 7%, losing money, members leaving | delinquency 2x band |
| 2017-06 | 9 | net worth falling, delinquency rising |  |
| 2017-09 | 8 | delinquency 2x band | members leaving, net worth falling |
| 2017-12 | 8 | repo signal, members leaving | losing money, delinquency rising |
| 2018-03 | 8 | delinquency rising | members leaving |
| 2018-06 | 7 |  | delinquency rising |
| 2018-09 | 4 |  | capital below 7%, delinquency 2x band |
| 2018-12 | 4 |  |  |
| 2019-03 | 5 | assets shrinking |  |
| 2019-06 | 6 | members leaving |  |
| 2019-09 | 6 |  |  |
| 2019-12 | 6 |  |  |
| 2020-03 | 8 | losing money, delinquency rising |  |
| 2020-06 | 8 | net worth falling, loan book shrinking | assets shrinking, delinquency rising |
| 2020-09 | 9 | margin squeeze |  |
| 2020-12 | 9 |  |  |
| 2021-03 | 11 | capital below 7% |  |
| 2021-06 | 9 |  | repo signal, net worth falling |
| 2021-09 | 9 |  |  |
| 2021-12 | 10 | delinquency rising |  |
| 2022-03 | 10 | net worth falling, assets shrinking | margin squeeze, delinquency rising |
| 2022-06 | 10 | delinquency rising, repo signal | net worth falling, assets shrinking |

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

- 2025-10-17 [Copper State Credit Union's new CFO Joel Gallon aims for $1 billion in assets within five years - The Business Journals](https://news.google.com/rss/articles/CBMigwFBVV95cUxQaUFfS3NlSnlNNFpBbVR5ai02dDFaOXhnbHlWSWR0WkV4S2pDdUppTXppZUdyZFMxUTA5ZDJEV2NsZnhyV05RcmstMy1UaF9oNHZYZEZvTl9FMzFhTGp1NkRiMTlyMEFna191aHA4aGkxdjAxQ1gwbm45cm93RXo2ZmRTaw?oc=5) · The Business Journals
- 2024-12-16 [Pinal County Federal Credit Union Breaks Ground on New San Tan Valley Branch - SanTanValley.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxONnpJeTdVMVVNOUFZa2k4VmZRNFBNYVFYdVVLUFFFaWtoN0F5dEJ4MnQxWkdnRi1DM1NhNWR2dlZwclB0LWc2anVRSUFROEdnMG1Pdnh2WWVUblZ4YVliVTFqTXpFcDhYNHZHeDd1U3dSRE0tNndiYzhISEI4UkRMV1otUUtleTBFTW1oMkx5MW8yQnp6d0pTbHJXMzdLMEpUNnRZYWZDQ1h4bEhteEZ1UEVmV3hSRDlHNzVCckdpVU4ycGZ3Nm41dlMwTFo2bi1FRkNsSGpIcUJtTE0?oc=5) · SanTanValley.com
- 2025-05-12 [San Tan elementary students collecting cereal for families experiencing homelessness - AZ Family](https://news.google.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?oc=5) · AZ Family
- 2024-09-19 [San Tan Valley’s Own Danielle Valenzano Pioneers Inclusive Workplace Culture at Arizona Financial - SanTanValley.com](https://news.google.com/rss/articles/CBMi9gFBVV95cUxQeU1ycHo4cHVrMTZkVm5iOU9Jek9QMFNPOW4wYXhVbFZHUlhleE5DazNZRHVOc3U5ZmtGSlNPRFoxaVFZLS1YTGZERVVmZWZvTGE3NHNLRnlLRER4VlpnRXl5elZuWGkxVU9LRDFGSU9PTlJiQnEzaDNhWGw1ZFNXdUlOcDAzVTFmODBLRWR1dFhENHkwZkFQd3ZPRzl1aWE3ODZCdWlyeS1ibUVsV0hBQWtYMksybEVGVzR5TzlJMmZrcnNPbDlKSHU1YkFjRlJiZDdxNXdXSHdGNlpZaDB0dWo5YlJkSTFoUWRCY1hVMVNJOGZBMkE?oc=5) · SanTanValley.com
- 2021-09-22 [Shirley Ann (Jones) Wilkinson Obituary - The Arizona Republic - azcentral.com and The Arizona Republic](https://news.google.com/rss/articles/CBMiWkFVX3lxTE9yb2JCd3RySHNiQzBfQWNxclhHTnMyampYMzUzN2o5T25jVDRWMV9mLWYzXzFyQ3A4cjJVbVZGR1NxZDJ6V3NCZFA3UVhhNnF0ckkzdVlzZ01YZw?oc=5) · azcentral.com and The Arizona Republic
- 2021-10-19 [Brandon Moya Obituary - Glendale, AZ - Dignity Memorial](https://news.google.com/rss/articles/CBMiggFBVV95cUxPNmtZOHpobjVzUWxtWUVpU0xrR09LMy1feEV1T0FQYnpEcGZvYkQzRUp5WkJyV29kRERaLV9VWFEyQUhRV09XSHRTbm9PNkxmaUtUdE4wREtpRjFjbTRtME1BbHpFYkxhdWdvZno0WHM5cGRfZzJqV293TGJoV0hJOGFR?oc=5) · Dignity Memorial
- 2025-04-15 [Longtime San Tan Valley P.E. teacher and coach awarded Silver Apple - AZ Family](https://news.google.com/rss/articles/CBMinwFBVV95cUxNMXpHOEVkb19Nb0QwejBBckIxV3JrLXJ5S1VuRjhMaUcwY1dwSE9LNW5CSHNUTHhtVU42czcxVzJNUXN5aHkwcHNSM05mSHBBbXlxWm0zN2ttNGRiZ0RGRHpjeGZkWFp6SHpaOTUxbzRVR1FiOGZJOUJ6UXQ4eG5QSVFxSXhIa1lQY2NtWkR3d29tQVcyWlkyRTJjRHllRkHSAbMBQVVfeXFMTnh4OXdscGM5M0FjTGVXYV85Zk9jOTBkRlR6b0JreGxNS2dBVGhLWnR0eDRpaFJ2dThNRGdLdS1jQ18yREZhRGlxajJMNDV4bzRWc2podDNRN29PMjBhdW9Zc2NQbTROYnpYQmdURktGSE1jVlczZzFzQVdtd1BPTUcxSFJaS3hvQ04xT3hCMVRqd3hDSlc1MklrRE5iWVNmYlNYT3ZvTm53WHlvc3hJVDl0TTQ?oc=5) · AZ Family
- 2022-05-12 [Thieves used a stolen earthmover to rip an ATM out of the ground. Police were watching - azcentral.com and The Arizona Republic](https://news.google.com/rss/articles/CBMi6wFBVV95cUxNMmhuTkRoSTBOT3ZOelVOYlZ6WEtZMVk2WHp1ZVdPZ3JVcmNEWDlpZkhOMjMyU05lcmMtdFpaWUNIY1VrZi1GQ3dqUFRjbWRycEhpVHpJSzAwRlpxNHRTZ2tUcWRtMzU0NUFIaXJLTkFvTV9vY1R4OV92Wk9GX0IwREZYd0dzVWxwMmp4aGVIMWhnSGJfQXNZOGZvNGptY042RzRMM1lPdnpRWUVHY0txRlQwNkxpU0tuVHBGeWpuN1plQTBIdHNWRmdHajRuVWxydmxGTlJlb29xZkVmN2NHRG9yWkItZDVPaGtF?oc=5) · azcentral.com and The Arizona Republic

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60651 (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/43.json (key "60651", 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=60651
- 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