# MONTERRA
Redwood City, CA · NCUA charter 62736 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/monterra-62736

Who the members are: state charter, organized 1952. 100,322 members of 6,422,946 potential (1.6% of the field); checking penetration 70% (share draft accounts per 100 members); loans per 100 members 54.

**Verdict on the desk:** this could be *fortress*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.92B |
| Members | 100,322 (3.6% YoY) |
| Full-time staff | 218 |
| Net worth | $248.1M |
| Net worth ratio | 12.9% (p81 of band) |
| ROA (annualized) | 0.96% (p72 of band) |
| Total delinquency | 0.35% (p21 of band) |
| Net charge-offs (annualized) | 0.13% (p9 of band) |
| Loans / shares | 91% (p66 of band) |
| Cash / assets | 17.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.31% (p50 of band) |
| Operating expense / assets | 3.07% (p42 of band) |
| Vehicles % of loans | 19% (p31 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 55% |
| Third-party paper % of net worth | 65% (p29 of band) |
| Vehicle delinquency | 0.20% (p11 of band) |
| Vehicle NCO | 0.21% (p5 of band) |
| Repossessed % of vehicle book | 0.00% (p11 of band) |
| Real estate % of loans | 69% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 31% |
| Core shares % of member funds | 57% |
| Certificates % of member funds | 29% |
| Average share balance | $7,503 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $9.1M |
| Loans outstanding per 100 members | 54% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $27,685 |
| Loans granted, annualized | $557.7M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $9.1M outstanding purchased (3.7% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 5.8% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | loans>95% of shares |  |
| 2019-03 | 1 |  | loans>95% of shares |
| 2019-06 | 2 | loans>95% of shares |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | delinquency rising |  |
| 2020-06 | 3 | net worth falling | loans>95% of shares |
| 2020-09 | 3 | margin squeeze | delinquency rising |
| 2020-12 | 5 | delinquency 2x band, delinquency rising |  |
| 2021-03 | 4 |  | 3rd-party paper>100% NW |
| 2021-06 | 3 |  | net worth falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 3 | net worth falling | delinquency rising |
| 2022-03 | 2 |  | margin squeeze |
| 2022-06 | 0 |  | delinquency 2x band, net worth falling |
| 2022-09 | 2 | members leaving, 3rd-party paper>100% NW |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 1 |  | members leaving |
| 2023-12 | 2 | loans>95% of shares |  |
| 2024-03 | 1 | delinquency rising | 3rd-party paper>100% NW, loans>95% of shares |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 0 |  | delinquency rising |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2025-01-22 [Monterra Credit Union celebrates Veronica Valentine, recipient of the SAMCAR Affiliate of the Year award - CUInsight](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNZW5QZ2pSOWE4aTU4MVZTMVdULTQ1QWlVRVBDUXBaY196dGRmMmQ0SzVtdEdRdjlldzE2QngtZmtWY2p3M2ttWFNicHRLc2VJd01IN0RWY0NSUEFlTU55M0tXSFpCOWJ6bm5sZnhYOU1BTnRwaEZtenk5M3ZMdFlhcUxMWjA4OEhsakxranRPMkQzMFdkOXFVc1hNRlJyek12ZnI1d2FJU2xVRkxrUGxIUWhVNm1IZFlVYU1fNFNXdlZFZ01tbUxBMVAyeW9UWnY1SW56dXAxVUE3TWFy?oc=5) · CUInsight
- 2026-06-08 [Monterra awards $31K in scholarships to Bay Area students - Redwood City Pulse](https://news.google.com/rss/articles/CBMipAFBVV95cUxPZ1Z3ZUd1bjBtc19HOFkyQXotdmVBVU9uQ2ZoUnRqOUFhcUFSdnl4elF5WEdIalhzem4zaXV1WENtN3ZTbXNrYlVTWm02NVZZalk4S3kwU0FrN2xWOTRibG82TGl0ODhYRjc2bVZPejVMWGdfcldsbW9vbUVmMDRfMUZwMEJ3dVJYV1FmcXJfbkJIUmZOQkJPQUtObGJjRTZsQm83LQ?oc=5) · Redwood City Pulse
- 2026-08-09 [Financial Literacy, On Comunidad Del Valle - NBC Bay Area](https://news.google.com/rss/articles/CBMingFBVV95cUxOVF93Tm5VdzBfaXRNNlVTWWFrdnh4anZFcXdnRlJXa1JGbEI5Q2RINlYtd3NmUE00eHo4VVVtN1h6WDJjcy1tVnI0bWlKWlFObU94SUozZ0dDU1JfMmNEM25IZGJOdjdNbS1IUnl6ckZmRl9FYkdHdy1lcGk4RThyd1g5bmNHbkNIUzM2ZWVGbE1JQUNfRE03aUhqYjEzUdIBpgFBVV95cUxPai1JLXZYeTBtZjhtRy1fb3MzS3BFQlpONk9fNVdVb29BalNkenA4cEpFQmNsbmRwbmNLSl9ZbGFFNHp6WGJucUYtaEZyNjBYdjdBYVk2UjBWcTB0SmtySVFLbzdPLU5DV0JWWExaOVo3OWs0ZU5VeUtHRTVHSEdzM0w3ZnZnelJrM3N4U0dWU25zVG02eGpXRy13ZG1heEJUN0pJLTl3?oc=5) · NBC Bay Area
- 2025-12-18 [California - Newsweek Rankings](https://news.google.com/rss/articles/CBMikgFBVV95cUxOTGxlNEF4aW9OOVBlYVYxTjRYMDRvUHFnM3RSZjR0MWpGYi1MbXZHdU5RREhWalRxUENSYlZyQUQ0M1haYThOaWRZSHl5LWVselpYOUpBWmNnOHdaWWJxTXdiczhfc0hOcjFKZ1A1amtUT2k5UU0wRWd6Wk41aEJGOF9MOFBJZE5BeU51XzVyck1PUQ?oc=5) · Newsweek Rankings
- 2026-08-30 [San Mateo County History Museum Continues its FREE First Fridays Program - KRON4](https://news.google.com/rss/articles/CBMi3wFBVV95cUxPV1JzT1phNnRSbjhLTGQyZlYtTDRwTnZOam4tOU9aMzBmN21kbHNwYW8xSXkwX1gwV2tlMTYwSzJNLS1lWVJGQkJPR1VzRjdYRzMxWm0zOXoxVHJiTWxRcVZXaV95UGdndk5lVjlBX2xTNmdZOW9nY0RyeXF0SjRjVEZlMGhYUHp1b21XcUlkRGZZRFlQa1NUT2VxWU5Ibi16ZGtrVzdLRmotSmtySEEyVFV4NUJQUk1FbDVEaEdOV2ZuVnoxeHFveklOS202SllhUHNMN3ZqNEN5UU1YMHlj?oc=5) · KRON4

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62736 (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/16.json (key "62736", 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=62736
- 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