# THE POLICE
SAN BRUNO, CA · NCUA charter 60968 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/the-police-60968

Who the members are: state charter, organized 1958. 37,961 members of 140,000 potential (27.1% of the field); checking penetration 72% (share draft accounts per 100 members); loans per 100 members 51.

**Verdict on the desk:** this could be *quiet fade*. 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 | $1.05B |
| Members | 37,961 (-5.4% YoY) |
| Full-time staff | 128 |
| Net worth | $128.5M |
| Net worth ratio | 12.2% (p73 of band) |
| ROA (annualized) | 0.11% (p6 of band) |
| Total delinquency | 0.39% (p25 of band) |
| Net charge-offs (annualized) | 0.35% (p30 of band) |
| Loans / shares | 58% (p6 of band) |
| Cash / assets | 22.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.03% (p32 of band) |
| Operating expense / assets | 3.48% (p65 of band) |
| Vehicles % of loans | 14% (p18 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 6% |
| Third-party paper % of net worth | 7% (p13 of band) |
| Vehicle delinquency | 0.44% (p32 of band) |
| Vehicle NCO | 0.97% (p51 of band) |
| Repossessed % of vehicle book | 0.00% (p11 of band) |
| Real estate % of loans | 73% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 3% |
| Core shares % of member funds | 57% |
| Certificates % of member funds | 22% |
| Average share balance | $11,471 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $9.0M |
| Loans outstanding per 100 members | 51% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $27,612 |
| Loans granted, annualized | $112.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $9.0M outstanding purchased (7.0% of net worth), $170,652 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -2.9% 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 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 2 | net worth falling, delinquency 2x band |  |
| 2016-12 | 0 |  | net worth falling, delinquency 2x band |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | net worth falling |  |
| 2017-09 | 0 |  | net worth falling |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | net worth falling |  |
| 2018-09 | 2 | delinquency 2x band, delinquency rising | net worth falling |
| 2018-12 | 1 |  | delinquency 2x band |
| 2019-03 | 1 | delinquency 2x band | delinquency rising |
| 2019-06 | 0 |  | delinquency 2x band |
| 2019-09 | 1 | delinquency 2x band |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 5 | net worth falling, losing money, margin squeeze, delinquency rising |  |
| 2020-09 | 4 |  | delinquency rising |
| 2020-12 | 4 | loan book shrinking | losing money |
| 2021-03 | 5 | charge-offs p90 |  |
| 2021-06 | 6 | losing money |  |
| 2021-09 | 5 |  | margin squeeze |
| 2021-12 | 0 |  | delinquency 2x band, net worth falling, loan book shrinking, charge-offs p90, losing money |
| 2022-03 | 1 | losing money |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | assets shrinking |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 1 |  | assets shrinking |
| 2023-09 | 3 | delinquency 2x band, delinquency rising |  |
| 2023-12 | 3 | net worth falling | delinquency 2x band |
| 2024-03 | 3 |  |  |
| 2024-06 | 2 |  | delinquency rising |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 | members leaving | net worth falling |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 3 | assets shrinking |  |
| 2025-12 | 1 |  | losing money, assets shrinking |
| 2026-03 | 1 |  |  |

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

- 2023-01-05 [The Police Credit Union marks 70 years of providing customized financial solutions for law enforcement - Police1](https://news.google.com/rss/articles/CBMinwJBVV95cUxOb3lwckhaWlAtaVlXa3g2dmlEOVV0MWEwRlJiUVh5b3BfMlhQQ0xKVThSZ3UyTWJ2MHBOVVlPOEI0WDN6TjdxTy16Wmh0RGxuc0JUUXh0SVZ2b2U1R190MllRQmpkakVaR3JzWE03WDY3Q3lBZkMyM3BKY0lhc0lYekVObUxrXzJrOU15QndNNXh5MC1OY042alpaMmc0RFFPbkZBOExNb29FODZua1ppeEhISzhiY3lvOXROTXFVWnotMVRjSUVad2d5TUNhVlJrY0xScExWaVMxLVlYdkw5blZWUzNxRW50cnVnYXc5Mzc3cEVEWVlBUXQybzNzQVBUT2NSY0pGcXRJZjA3SUJUaUU1bkJrRFF3dnMyaENsVQ?oc=5) · Police1
- 2019-07-16 [SF Police Credit Union is now The Police Credit Union—reflecting its ability to offer membership to law enforcement professionals and their families throughout California - CUInsight](https://news.google.com/rss/articles/CBMitgJBVV95cUxOa2xxZXNhYUloUHB1ejBoVlV6ODJ0ZHRPaDNzMVRFWVBYUTN4akpVNU5PREg1RGpIMmVEaE5uQTFybEJPYzJMMFZOUlhqZWhEbmJzZzhLQmxMLUw5aWJKdW9sN2NXS3QzbXR4ODVxZFYzeUlYMHNuc3JlYmU2SFBqV1JjTWVNQlR2M19QOVBYaTREMHN2UzBzcE5nUlNfNnR2bE5ZQlFzMjZFQVpoa0tTck1BRmt4eWNuUEt5azItN3E1c1VYdW5nOFVYNFBUV1JQbUplZ0xlYlphaVRkbWpJVnh0NVY0Z1hWV0hNT3Jrc2JGa1JtVURXVTRVWUhEYUVDTm9FTUVldGdmd1BUSHhoY0xTcElvalBXRVBUMmNxSmQxM1VrLTA5YXdmOXFoUk1lU3V6TlFB?oc=5) · CUInsight
- 2020-06-01 [The Police Credit Union introduces debt forgiveness benefit exclusively for Calif. law enforcement - Police1](https://news.google.com/rss/articles/CBMimAJBVV95cUxQLVA3YnViSy1vbDRVREVHQmdzWllsYUNDemxWWWpwWjIxczBGV0trNGpWSlBxb0l6MWRiWE9NWTdTTUh0aXZTZzR1QlFVckdhcDRZVThHNTM2dVpoREFHNlVGM2E0ejk0bUUxWS1zY3RRQjZIOXV1NS1USGNBNUpqOS00dnlKZEdSVFF1RkIwZExxY3hKbk1hcUlfMW51WmVrRERQUy1yZm5YUmtWUGhpemxkd0wyaUdEMVpJVnVwb1prQlJkZlNEQkpLNkp5c3dnZGpjNUlHWUxZX3lGWGhUV1Z6OGxvRnNSLTZmR2xWU2pjRzlJZlppeGF2NVkwazBqUGtQMmJMQm9hUUozbDNTOGZMU2FEV3VO?oc=5) · Police1
- 2024-03-07 [Victory! EFF Helps Resist Unlawful Warrant and Gag Order Issued to Independent News Outlet - eff.org](https://news.google.com/rss/articles/CBMiuAFBVV95cUxORkFsS00xSGpXbHg1bjZSeEEycGMtV2M4VFotR1JBQ3VmYXpRRkZhaTJfMG5XcTkyc0k4YlZ5QXQ5RHhUWEpvcWM0V1FSSlRSbmR1QU5DQUUzdnZvVW9oSW95ZXlzRXFUSXlucm0zQkF0Q2w3VmZkVVREYUZhNk1ZalVnbDhuNU9XNk1heGtIZXFXOUNac1NXdVFjWVJDQjREbzVPRjdBTzZ6TDF3THF5dE5jQWJXSG1D?oc=5) · eff.org
- 2024-03-07 [SFPD voids search warrant on news site after pushback - Mission Local](https://news.google.com/rss/articles/CBMidkFVX3lxTE1ObURhSWtRZDl1dFhTWXZwcHpvZjVOVWhZSWNsOUJSOXVDYzlLaHhLUmQwUXRVZ1lSSU9GZE5EU0NzaW90VjV3SHF5UWxmaHQ3dy1yVml2akItS2dHWFZsX3d6WTl6eEZnLUdQM3k4LVoySWJFamc?oc=5) · Mission Local
- 2022-05-13 [Officer Claims Woman Demanded ‘Million, Billion’ $$ from Credit Union, Allegedly Carrying Concealed Weapon - davisvanguard.org](https://news.google.com/rss/articles/CBMi0gFBVV95cUxNUlFfMlVVcjI4RlNNQzBoc3VfTGpwTWZkam9ULWd5Zk1TRnVJbHVOUWJ5Sm92U1RmOXhmRjZ3bmxHczVNWlI0Y3VtRXRsZXd2U1lDOGZJOUwxZ2JETUo4blZnYmtpZXQ0Snk1Q01heW52NktTb2JQRE5qbFpXZG9DV05HRndDYjBmdFdSUWR1U2tBZTVVdlQxOFdLVkVUT3REdzA1OE9hYW9ZRFNDNkJ0QTJYYnZnejREeWJUdVdQR1ZmRzZoOEktdUpBQUNqbEd0c2c?oc=5) · davisvanguard.org
- 2024-04-07 [Police search for suspect in burglary at Golden 1 Credit Union in Lincoln - CBS News](https://news.google.com/rss/articles/CBMieEFVX3lxTE45LWZzLVNnbEY4N2tIb0w4WDk1M3lmMGVqQlM4d1pTU0llQmltRWF6OU5tNlBYU2ZiNi1ZbUpjMzFNaGh4LUdCbVFxVlhHQUJlMEhsb0tGdkVCbjVXZHN6UDRrTk8tOW91VjgwSjd4NUQySXFTVGp4c9IBfkFVX3lxTE1sbGhDSFZsUHR6NDlGYVI0TEY4QmdodWo4UmVxZ2EtRTV5cjNDR2h2ZV8yZTJNU3RMSmdaaWVwYVQzM2xOMlFnQWQ1T1VMWnJabDB5Yi1JRnA2Yk12WHE2VzZMbldnNUdGM2NYTk95eUVtUkZ6aDBJdHFuWnRBUQ?oc=5) · CBS News
- 2026-05-14 [Armed man taken into custody after Center City barricade situation, police say - NBC10 Philadelphia](https://news.google.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?oc=5) · NBC10 Philadelphia

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60968 (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/40.json (key "60968", 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=60968
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide