# ARIZONA CENTRAL
Phoenix, AZ · NCUA charter 62881 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/arizona-central-62881

Who the members are: state charter, organized 1939. 46,768 members of 7,582,384 potential (0.6% of the field); checking penetration 54% (share draft accounts per 100 members); loans per 100 members 59.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $733.7M |
| Members | 46,768 (-3.5% YoY) |
| Full-time staff | 155 |
| Net worth | $63.2M |
| Net worth ratio | 8.6% (p14 of band) |
| ROA (annualized) | 0.33% (p24 of band) |
| Total delinquency | 0.67% (p59 of band) |
| Net charge-offs (annualized) | 0.57% (p64 of band) |
| Loans / shares | 93% (p87 of band) |
| Cash / assets | 6.7% |
| Borrowings / assets | 2.86% |
| Net interest margin | 3.94% (p83 of band) |
| Operating expense / assets | 4.30% (p81 of band) |
| Vehicles % of loans | 41% (p74 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 90% |
| Third-party paper % of net worth | 373% (p95 of band) |
| Vehicle delinquency | 0.91% (p71 of band) |
| Vehicle NCO | 1.07% (p60 of band) |
| Repossessed % of vehicle book | 0.40% (p94 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 149% |
| Core shares % of member funds | 51% |
| Certificates % of member funds | 16% |
| Average share balance | $6,993 |
| Participations bought / yr | $0 |
| Participations sold / yr | $16.8M |
| Participations outstanding | $29.3M |
| Loans outstanding per 100 members | 59% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $21,971 |
| Loans granted, annualized | $202.8M |

## Participation posture (from the same filings)

Bought $0 and sold $16.8M in the latest annualized quarter; $29.3M outstanding purchased (46.3% of net worth), $0 sold and retained. Sold in 4 and bought in 3 of the last 8 quarters. Shares 1.4% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 6 | thin capital, losing money, expense trap, charge-offs p90, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 5 |  | losing money |
| 2016-09 | 5 |  |  |
| 2016-12 | 6 | net worth falling |  |
| 2017-03 | 5 |  | charge-offs p90 |
| 2017-06 | 3 |  | auto monoline, net worth falling |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 2 |  | thin capital |
| 2020-03 | 4 | losing money, delinquency rising |  |
| 2020-06 | 5 | thin capital, net worth falling, margin squeeze | losing money, delinquency rising |
| 2020-09 | 5 |  |  |
| 2020-12 | 5 |  |  |
| 2021-03 | 4 |  | expense trap |
| 2021-06 | 3 |  | net worth falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 4 | net worth falling, auto monoline | margin squeeze |
| 2022-03 | 4 |  |  |
| 2022-06 | 4 | delinquency rising | net worth falling |
| 2022-09 | 4 |  |  |
| 2022-12 | 5 | loans>95% of shares |  |
| 2023-03 | 4 |  | loans>95% of shares |
| 2023-06 | 5 | loans>95% of shares, leaning on borrowings | auto monoline |
| 2023-09 | 5 |  |  |
| 2023-12 | 4 |  | delinquency rising |
| 2024-03 | 5 | net worth falling, losing money | loans>95% of shares |
| 2024-06 | 5 | members leaving | net worth falling |
| 2024-09 | 5 | expense trap, assets shrinking | thin capital, leaning on borrowings |
| 2024-12 | 8 | thin capital, delinquency 2x band, delinquency rising |  |
| 2025-03 | 5 | net worth falling | losing money, expense trap, delinquency 2x band, delinquency rising |
| 2025-06 | 3 |  | assets shrinking, net worth falling |
| 2025-09 | 2 |  | members leaving |
| 2025-12 | 3 | members leaving |  |
| 2026-03 | 4 | net worth falling |  |

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

- 2026-03-20 [Ranking Arizona: Top 10 credit unions for 2026 - AZ Big Media](https://news.google.com/rss/articles/CBMioAFBVV95cUxOeWFjalFNMzJPeGs5WjNUenAwX2tCX1h6WmJLSUhyOEZiX0hGLXRNVUZVazhrLWctOUE0enh4OEJ3a1dMUkdJU1hHU0pTNHVqSEVScmMwbk1kWWlQWEIxbU9YNXJaZmNxc2dsdGdNXzFJWWI5MzVKa0VEWDJZMDJDc0ZvaE03X19ZZE5kWUhFS3hEY0E2ZnpxajZ1Y1R5REts?oc=5) · AZ Big Media
- 2025-11-22 [Excellence in Banking: Arizona credit union leaders of the year - AZ Big Media](https://news.google.com/rss/articles/CBMivwFBVV95cUxPeXVpNGZ2OWpUc1N6MUdtQjdIVUVkek9qbFlDRml3NnBRYkhfR0xGQnhFbVVUVnJxY1d0Vld4NF9hYkxRLVNSRGNvNHlSSm1YTmhHWVk0WHlsX2dDTnp2d0c5WmF0ZGozMTlnOExPUDhJeUprRF8xUjJ4R1ZkNzBmUWo5cUZtYWl4c2ZNT05VXzBTbnpDcmZQd0lCYWNjci11Y3FLa1gwcVZNT3VTamlhQldReW5WWWpUSVQyYmxJaw?oc=5) · AZ Big Media
- 2025-09-24 [Most Powerful Business Leaders in Arizona for 2025: Brian Lee - AZ Big Media](https://news.google.com/rss/articles/CBMiowFBVV95cUxQaTdURk1pRzgxMTROYllnNlRibkoxcUpXUE1hdDBKN2oyMEdrM0I0VGRfbkljRnNWYlhoWDJhODJPVHhpNU9ZaHVJZUdQcWRVVVRSOTd6TUs1a2FnWEM1bTM5UTVGTnhqeE91X1FDanctUjJpdlZULU4xUFVvNjRJaTFiRmlUd3B4Y0hvNTZMXy1xTzVjaGNSZXBvVzZnaUF4X0lr?oc=5) · AZ Big Media
- 2014-06-28 [Top 10 Arizona companies: Credit unions - azcentral.com and The Arizona Republic](https://news.google.com/rss/articles/CBMiogFBVV95cUxOd01MRmh0QzVxUlQ4ZnpxVGxJQUVYUnNGRU1wMnJLanJnWHByUTJ3aGk2WTV4cDExMklLa2kwR2J1Y3J0RXhmS3BzSnhEMER6TnlFQXcydkhiQkhKZFVXNEtMaXlHS1BMSWlfVFRSNDdpcmRqRHVWZkFNN2hJVFU2UUdPNXkxOF90NWFDWURCLUdodmtlU1ZoaUx5NWNaM0dLZXc?oc=5) · azcentral.com and The Arizona Republic
- 2023-11-10 [Roland Livermon Obituary - Tucson, AZ - Dignity Memorial](https://news.google.com/rss/articles/CBMigwFBVV95cUxQalhITm9SM1lSQzZNY2lDdUlFWTlJLXE1TmFSSWgtdVk2VlRPU2lKTE9Ed0ZMVzBzTGJaZVJSX2w0T3NFS1NGa19JMTUzcm02RV9STFdjekZzMFBXaTV6Rm5xOGk2bDJ1RmhxQVFYTmxGYnJSNVdnTEtWVjdHU3VDVzlaQQ?oc=5) · Dignity Memorial
- 2010-07-30 [Maria Montes Obituary (2010) - Flagstaff, AZ - Arizona Daily Sun - legacy.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxOSzdQZUZBZ3V5NzY4ZzdKUFdMZmt0TWw2bU1tMzY5NmhFRVFWaDBqZ0xRZld3V2hQWUVsb3h5NlRJZlJFeG5CZDVDeXpyMm5waDc3LUNzX09XWVZQVE9uNHpuRVYwc25Ba1RRamhBbmFnUXR2MVNNRFZjbTNweDdNWHBkVDRQaEZ1TjBQOEJsWQ?oc=5) · legacy.com
- 2025-07-11 [Ranking Arizona: Top 10 credit unions in Arizona for 2025 - AZ Big Media](https://news.google.com/rss/articles/CBMikwFBVV95cUxQYjJMUkJLbUltdGlDU3dYbmluMGxRYWRLZld1cGJ2cjNBdXJJekZPcWlSaHV6MzBDalpJMnA1Z2tBTkVtQVJkTkhFd19xYnlwaThCYXNHTnVDanJTNS05Y0p5NWw3R3F4Nnp4aEx5OGs0YnFMWlBCRG5GMmFfYlRnSFN0anVIdXItQ2tuWlJ1QjBSWjQ?oc=5) · AZ Big Media
- 2025-11-13 [50 Most Powerful People in Arizona Business for 2025 - AZ Big Media](https://news.google.com/rss/articles/CBMiggFBVV95cUxQU2gtb2ZMUjIxTUY2MHdaNEE4bTBBc295bGo0eEJCSFJzbmhRMlMxTDdGZ05QZk5aejBnOXh2cjZZUEp2VF9BdTZpcUNmZVVKLUVYNERxbVdFcTgtUXd6dGdsamhIakZHSVd6U2w5UXRvS0oyamJWOTd3Z2hmR0wzNEln?oc=5) · AZ Big Media

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62881 (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/33.json (key "62881", 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=62881
- 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