# SKYONE
Hawthorne, CA · NCUA charter 6248 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/skyone-6248

Who the members are: federal charter, multiple common bond, organized 1949, low-income designated. 52,872 members of 1,683,365 potential (3.1% of the field); checking penetration 40% (share draft accounts per 100 members); loans per 100 members 43.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $875.8M |
| Members | 52,872 (-13.8% YoY) |
| Full-time staff | 85 |
| Net worth | $65.6M |
| Net worth ratio | 7.5% (p3 of band) |
| ROA (annualized) | 0.18% (p15 of band) |
| Total delinquency | 1.16% (p84 of band) |
| Net charge-offs (annualized) | 0.85% (p81 of band) |
| Loans / shares | 85% (p61 of band) |
| Cash / assets | 8.1% |
| Borrowings / assets | 10.73% |
| Net interest margin | 2.67% (p8 of band) |
| Operating expense / assets | 2.92% (p19 of band) |
| Vehicles % of loans | 34% (p61 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 37% |
| Third-party paper % of net worth | 192% (p72 of band) |
| Vehicle delinquency | 1.02% (p79 of band) |
| Vehicle NCO | 2.57% (p91 of band) |
| Repossessed % of vehicle book | 0.36% (p92 of band) |
| Real estate % of loans | 34% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 208% |
| Core shares % of member funds | 44% |
| Certificates % of member funds | 37% |
| Average share balance | $4,153 |
| Participations bought / yr | $111.3M |
| Participations sold / yr | $0 |
| Participations outstanding | $194.9M |
| Loans outstanding per 100 members | 43% |
| Loans granted per 100 members, annualized | 69% |
| Average loan balance | $27,117 |
| Loans granted, annualized | $855.8M |

## Participation posture (from the same filings)

Bought $111.3M and sold $0 in the latest annualized quarter; $194.9M outstanding purchased (296.9% of net worth), $13.0M sold and retained. Sold in 7 and bought in 8 of the last 8 quarters. Shares -6.9% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **leaning on borrowings** (`str_borrowings`)
- **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 | 1 | net worth falling |  |
| 2017-03 | 2 | losing money |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 | delinquency 2x band, delinquency rising | net worth falling, losing money |
| 2018-06 | 3 | charge-offs p90 |  |
| 2018-09 | 1 |  | delinquency 2x band, delinquency rising |
| 2018-12 | 3 | losing money, delinquency 2x band |  |
| 2019-03 | 2 | net worth falling | charge-offs p90, losing money |
| 2019-06 | 1 |  | net worth falling |
| 2019-09 | 2 | delinquency rising |  |
| 2019-12 | 2 | charge-offs p90 | delinquency rising |
| 2020-03 | 4 | thin capital, net worth falling, leaning on borrowings | charge-offs p90 |
| 2020-06 | 5 | margin squeeze |  |
| 2020-09 | 4 |  | net worth falling |
| 2020-12 | 3 |  | margin squeeze |
| 2021-03 | 5 | charge-offs p90, 3rd-party paper>100% NW |  |
| 2021-06 | 4 |  | leaning on borrowings |
| 2021-09 | 5 | net worth falling |  |
| 2021-12 | 5 |  |  |
| 2022-03 | 4 |  | net worth falling |
| 2022-06 | 5 | members leaving |  |
| 2022-09 | 4 |  | members leaving |
| 2022-12 | 5 | net worth falling |  |
| 2023-03 | 6 | margin squeeze, repo signal | net worth falling |
| 2023-06 | 7 | leaning on borrowings |  |
| 2023-09 | 7 | net worth falling | repo signal |
| 2023-12 | 4 |  | margin squeeze, leaning on borrowings, net worth falling |
| 2024-03 | 7 | losing money, margin squeeze, repo signal, leaning on borrowings | charge-offs p90 |
| 2024-06 | 6 |  | margin squeeze |
| 2024-09 | 4 |  | losing money, repo signal |
| 2024-12 | 4 |  |  |
| 2025-03 | 8 | net worth falling, losing money, charge-offs p90, assets shrinking |  |
| 2025-06 | 9 | loan book shrinking |  |
| 2025-09 | 8 | repo signal | delinquency 2x band, net worth falling |
| 2025-12 | 7 | members leaving | loan book shrinking, repo signal |
| 2026-03 | 5 |  | losing money, charge-offs p90 |

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

- 2025-10-22 [SkyOne Federal Credit Union Review: Pros And Cons - The College Investor](https://news.google.com/rss/articles/CBMifEFVX3lxTE01VjB0bTNSTkpaS0o0dXNtOTNCRU81VmlmRi1YSjBjTE9wRTlmeF82TXdaN3hLR3V2aG5YV1NDZG91SENNdC14QkR6ME1qV0dnVGQzS1VWZUxLQ0FKOEVXYjNnUWN2cktwSTcxU1JTSElUb1J3dGFCSDVHQks?oc=5) · The College Investor
- 2026-05-08 [How SkyOne Federal Credit Union earns trust when members need it most - Community Impact](https://news.google.com/rss/articles/CBMirAFBVV95cUxQc3FfMHZkT2tfMGVQMzNSNGpwNHE5eUhBUi1SdnAyN0ctcnFNTURPVG1VaUMwUEZKWXA3U2NPLWI3TjU4alVzLVdhX3NfcVl1UFE3SG9UOHgtVlRiRDBqeG5XM3ZPXzEtZ25rS3VuNWJfbmJ0YTc1azMwTHBFbUxieEo0d2ZRcjNaVTR1TEhIdWxNQVVEcFNVLXpVVmdzOGpfRW15ZFA1MzN6Q0h2?oc=5) · Community Impact
- 2021-01-29 [SkyOne Federal Credit Union Announces On-Going Partnership with California State PTA - PR Newswire](https://news.google.com/rss/articles/CBMi1wFBVV95cUxQZzU4Vk1HZVF0VFhjZHVDRzUtY0U2clFBTGdYbWJPZ01kemJaT1hRR1VrY0hKd1YyM2xSNkZfd2ZULUF2UUppWDJsRDQ3Y2ljNmdKdTV1WXRlVzFVQkJicUQzX1FNWWtVZVNPNkQwaE5xQi1LOFdSbFM4YkljbDBqZzdoa1puZ1g3NXlEeWNPNDRfeG90UlViQ0kzay1fNXV3OXFCVTRjYTl4RUZJQUxBOUE4Tk9ucmZTNW9oOWFsVWdGdEVpZnhlWF95N0p2VmlGZXZPZWY5Yw?oc=5) · PR Newswire
- 2024-07-15 [CEO Joseph E. Whitaker talks SkyOne's compassionate culture, key to growth and future vision - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOSjlSWUZGeFZFNXUydTlaZVcyYnQySjJsQkRMVzBMS0VGMTRBdzVkbHJobkt5S1hkRk5yMFlHV0xzdU95bVlKclRBekhrUy1qRDVuSVdqVlU5S1RyZ2VzXzFUYm1sT3NYV0tFRVBocXNfdFVqbVI1UDRoVVV1Rlg2ZmlrOG51STd2clp6LXNFaE5iM1VxRHRIT2hlYlhtNHk2dVBCTlRjMVc?oc=5) · The Business Journals
- 2024-01-09 [SkyOne Federal Credit Union and SIMA Unveil New Credit Card - Shop Eat Surf Outdoor](https://news.google.com/rss/articles/CBMitwFBVV95cUxNamp6Y2d5ekhzaWs3RWxpaU9tYjdGNzRfc3pfTzF3LWkxcmJyT2NrRDhYckdBVzFZUS11Q04tdkgtTzBUd1UxSTNpYnB2cU5odS0weUx4andHcGFITWFjUEhucG9DOEtVMmRaUkZMN0c4U1dCOFJBQmZEbGJMSzFpbWxxWUo3WUZBSjZjTFNzeFV0cnJDYTlOWFV3X0NBNEhMM1F3N3IyNDhMU3R0dGkwY181UnF3b0U?oc=5) · Shop Eat Surf Outdoor
- 2026-08-05 [Best Credit Union Bonus Promotions (September 2026) - Best Wallet Hacks](https://news.google.com/rss/articles/CBMia0FVX3lxTFA2QXB2VnhxSnB0eVBNTEc5LUphV2s2Z2FNVVJGVHJWWWZXeGJnUzFWQ0I3dlJjQnd4WDVUOFUzZVRVbGJlMkh6aVBqZWJ4MEpoM2NaZHFTVEhra0xJVkdpOE0zMnJjUFI3aFpr?oc=5) · Best Wallet Hacks
- 2021-01-29 [SkyOne Announces New Chief Technology Officer - PR Newswire](https://news.google.com/rss/articles/CBMiowFBVV95cUxOWk5yeHppZTh4Rm51ZnpuRTNIR3NUdXdVcXM0aGk1dE95dUwzYWJUMTgtNDlwY2tYaGpJa01iUVR3WXVlMkVPZnRSU1VxWFlZQVoyX1FjekVwZWVHVE5xVF9qOElwU09vWHREdFUxeWJSTDg2SVJVM1F6dFNOVzlxeTNJN3VJaWozbHFtc2JuYnA5d2NLR2RxS1ZvNVk3TUpFY2ZV?oc=5) · PR Newswire
- 2026-07-01 [Best Credit Unions Nationwide Of 2026 - The College Investor](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFBVX09RNXdqdUlBSVNzeGdyUmZncHd6NHZjbFZDZXFfaWhNZHhiNi1PTTJOVkd6WGk1Vnk5dDR1cFVyVV9qYVFORk9NWVRVbkM1OWtsMmM1ekJiTnlSdkxBTUxvelE5a28?oc=5) · The College Investor

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6248 (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 "6248", 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=6248
- 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