# PARTNER COLORADO
Arvada, CO · NCUA charter 62903 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/partner-colorado-62903

Who the members are: state charter, organized 1931, low-income designated. 35,263 members of 2,900,000 potential (1.2% of the field); checking penetration 43% (share draft accounts per 100 members); loans per 100 members 50.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $639.8M |
| Members | 35,263 (6.2% YoY) |
| Full-time staff | 96 |
| Net worth | $60.0M |
| Net worth ratio | 9.4% (p30 of band) |
| ROA (annualized) | 0.47% (p36 of band) |
| Total delinquency | 0.37% (p28 of band) |
| Net charge-offs (annualized) | 0.49% (p56 of band) |
| Loans / shares | 78% (p39 of band) |
| Cash / assets | 8.8% |
| Borrowings / assets | 2.50% |
| Net interest margin | 2.64% (p6 of band) |
| Operating expense / assets | 3.31% (p36 of band) |
| Vehicles % of loans | 54% (p92 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 77% |
| Third-party paper % of net worth | 314% (p92 of band) |
| Vehicle delinquency | 0.38% (p32 of band) |
| Vehicle NCO | 0.77% (p46 of band) |
| Repossessed % of vehicle book | 0.04% (p49 of band) |
| Real estate % of loans | 24% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 135% |
| Core shares % of member funds | 48% |
| Certificates % of member funds | 25% |
| Average share balance | $8,929 |
| Participations bought / yr | $4.0M |
| Participations sold / yr | $0 |
| Participations outstanding | $40.7M |
| Loans outstanding per 100 members | 50% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $24,955 |
| Loans granted, annualized | $199.3M |

## Participation posture (from the same filings)

Bought $4.0M and sold $0 in the latest annualized quarter; $40.7M outstanding purchased (67.8% of net worth), $7.4M sold and retained. Sold in 5 and bought in 8 of the last 8 quarters. Shares 10.1% year over year.

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | charge-offs p90, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 2 |  | charge-offs p90 |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 3 | delinquency rising |  |
| 2017-12 | 2 |  | delinquency rising |
| 2018-03 | 2 |  |  |
| 2018-06 | 3 | net worth falling |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 2 |  | net worth falling |
| 2019-03 | 2 |  |  |
| 2019-06 | 3 | delinquency rising |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 2 |  | delinquency rising |
| 2020-03 | 5 | net worth falling, margin squeeze, delinquency rising |  |
| 2020-06 | 4 |  | delinquency rising |
| 2020-09 | 3 |  | net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 | net worth falling | margin squeeze |
| 2021-06 | 2 |  | net worth falling |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | members leaving |  |
| 2022-06 | 2 |  | members leaving |
| 2022-09 | 2 |  |  |
| 2022-12 | 3 | expense trap |  |
| 2023-03 | 5 | losing money, delinquency 2x band, delinquency rising | expense trap |
| 2023-06 | 8 | net worth falling, expense trap, margin squeeze |  |
| 2023-09 | 7 |  | auto monoline |
| 2023-12 | 7 | assets shrinking | margin squeeze |
| 2024-03 | 2 |  | losing money, delinquency 2x band, delinquency rising, net worth falling, expense trap |
| 2024-06 | 3 | members leaving |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 2 |  | assets shrinking |
| 2025-03 | 4 | net worth falling, assets shrinking |  |
| 2025-06 | 2 |  | members leaving, assets shrinking |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 1 |  | net worth falling |

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

- 2021-03-11 [Colorado credit union spinoff has ambitions beyond pot banking - Banking Dive](https://news.google.com/rss/articles/CBMipgFBVV95cUxQbnBWS0ZaTG9IUEVPdWNIRC1mQlFNcFh2SU1xa05YaXd0VDdnMkVUYmZaUXhuaDAtTEpBTWxfaDZvX0hibVgwTVIyY1R5bmhzX3FLcmM5SmNNbkNnTm1XQ2U4N0xZLTZsNTZkRE5NNFZha1R5Uk1rQzZDeklZSHVuMmxUTWVpMnZTcHJ4YWZaeTJBcVNXUXZjN0M5Vl9UeWVrTzEwZnBR?oc=5) · Banking Dive
- 2021-06-21 [Fagan appointed President & CEO of Partner Colorado Credit Union - CUInsight](https://news.google.com/rss/articles/CBMipgFBVV95cUxPbmJmQWtlVmpxQWtoaHEyWVJsN0R6YXVOQ0NLR1Y0YzZBUUFJeUUxLUNKWTM5VXh4NWVaWVprSS1ITVg5cU5WSlRWalEydUp1LTlqNTFaZk5zTWtjNGFNdzlwUmhRSHBldFVvNDBkSENYb0l1VnA2Z3RaMXJkYWhLWWxZWVhxcXdrN0czTFh0TFB3dzk0ZFBNZHVtV2RaSVlNXzF5YUN3?oc=5) · CUInsight
- 2024-03-25 [Denver credit union next to shelter plans to close, citing safety concerns - 9News](https://news.google.com/rss/articles/CBMi0gFBVV95cUxQLUZIRVJITW1fSXJNeWlRMER6M19BdnVSMVJWOEhFLTZSLTJRekZlV2pDTl9xMjBsRTdaUUg3c19jVi14dXFPN0tZeS0xa0pDaUNQaEZCSmM5OUNtQ1o1RTViTTJDa3lGTkg4eXFqVU4wbTY4YmFWS0JSWERBMzF6MGZ4enVLUjBCNmRUZnhrbHlEeXY3eXN2WC03LTllMEZBV3ZZd3ltbFRSejlla1VfZW5yc3dlalhIaE1PWE5uRXV0d3FpYjZESnV4NDhwRWFvY2c?oc=5) · 9News
- 2025-02-03 [Marijuana finance company Safe Harbor pauses promissory note payments - MJBizDaily](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPVlUxVGtmVE1tQmRRWjZXMmQyMk1FX0IxZXFCdXhVd1JVWkc0TUkzaUpod2ZZUTNtODROZFl1cmxsbVQ0U2JkaEtSX3NiakJSa2RpbTVIY0FOWUtQVnZhRXBMWHZWR2s4NGJJN2JQdWtkWUtwUzhTd0xoZHljOFRmTlhsNjViQnZpSEdYSHh6ZnJzYUVVWWNvUkhFXzZiUmRuSmhjMWdiaHg?oc=5) · MJBizDaily
- 2026-03-05 [Hotel, credit union next to Central Park homeless shelter find a buyer - The Denver Post](https://news.google.com/rss/articles/CBMioAFBVV95cUxPa2ZvWVJtZS1WU3BSZG1wVFd1ckl4SXlrNkU4c25aRllfY1ZCTTVPWWxyM2x3Q3FhU21BM1YzNGdtT3BzUUt0TGdaV0NpVUV4RFpRN3NVMm82Y0xpMVd6bTBVSkZWSkVrcEJLMXFhRE1LM2xuczBUNzRKdS0telNGUE5SYWFYcmVLZlE4clp6VlVoSVhkNXhLSlJmMEhQbUwt?oc=5) · The Denver Post
- 2020-07-08 [Colorado credit union adds lending to pot banking effort - Banking Dive](https://news.google.com/rss/articles/CBMimwFBVV95cUxQRkY0LU9ZVTBxRlZTX2xOQkJCY29TcWJyZ0IyM1I0bUFuUUxFcXozVG5iTnlLQUxjTzNQZEduRk1TYzMyY2dpcjBPS1NFU1dsWTFfUVlDSHhCMW9PTGZoYUxUNlRqdUJSbW1pTXdXVkh2d3JFX2VBcmRRQnJMNFVNbHVoWDItMlFvX2l3a3VlbXJsd3ZKMjh5OXpGNA?oc=5) · Banking Dive
- 2025-06-23 [Denver metro area 10-week stormwater repair project begins: What drivers need to know - CBS News](https://news.google.com/rss/articles/CBMiogFBVV95cUxQcHpQaFhUeldvRGZkYzVEa3Z2VElOclNWOEgyZTA1dHRmQWNHNEdQdXYzY0o4ZmJZRWt2Wm5qdHRDN2JiQzBYbDA2Y3B5TFMyT0NVek01TWRMMzhiSy1wYnM4eGtLUEQtZmRSdjhPdEdORGktbjMybUVpdVNUdkU0SnhyT3hJS1Z0TWlheWNzX2czMHRTSlpOM2R5a1NHSDBmS0HSAacBQVVfeXFMUGhhajRCcUc5Q091VzNHQWZWU0wwSlFpVVJzckJyUUpwV2F2S2M4M3RhT2pyd3ZxeE9pMXl2ekNPdUxha242OXlDOVFIWTh4bjQyNWdNb094bWNqZUxON2JBUDlpX0ZNRjhhYjFmSXA3QUpMUTZEaDB4TkJ2c21mUzlvaWRaVUZDUWZ0N3ZRNy1ncVA0RlBQNV9SRjdmaS1KdmR2ODdDUTQ?oc=5) · CBS News
- 2019-01-29 [North Bay Credit Union says it’s serving cannabis customers - Sonoma Index-Tribune](https://news.google.com/rss/articles/CBMipgFBVV95cUxPMW1jbFN4MXpEd1hSTU9FMDhJZmhKc0dqZXBzbU40V0paeHdFcWhuVnpGeV9idlFKX2MxZEQ4aFM3YldxZ0psVzQ0d3E5bHlCMy1SNlFxaU9DbDhlR1ZCajNBTlZfaVpvSk9YeUY0Z0JTNG9Wc1Z0b3hBVVNCSDhVMzVYSDhnZ2lrUVJmdk9zWFBVU1Z5dVFjMS1fN0Q2NzZrZ0MtTVZB?oc=5) · Sonoma Index-Tribune

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62903 (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/55.json (key "62903", 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=62903
- 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