# UNITED ASSOCIATION
CONCORD, CA · NCUA charter 65155 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/united-association-65155

Who the members are: state charter, organized 1957. 2,160 members of 5,000 potential (43.2% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 17.

**Verdict on the desk:** this could be *too clean*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $14.3M |
| Members | 2,160 (1.6% YoY) |
| Full-time staff | 2 |
| Net worth | $2.4M |
| Net worth ratio | 16.9% (p62 of band) |
| ROA (annualized) | -1.15% (p9 of band) |
| Total delinquency | 0.16% (p29 of band) |
| Net charge-offs (annualized) | 0.08% (p57 of band) |
| Loans / shares | 61% (p54 of band) |
| Cash / assets | 12.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.58% (p76 of band) |
| Operating expense / assets | 3.17% (p36 of band) |
| Vehicles % of loans | 83% (p88 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.16% (p38 of band) |
| Vehicle NCO | 0.16% (p74 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 1% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 16% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $5,588 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 17% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $19,707 |
| Loans granted, annualized | $2.8M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | assets shrinking |  |
| 2017-06 | 3 | delinquency rising |  |
| 2017-09 | 1 |  | assets shrinking, delinquency rising |
| 2017-12 | 2 | net worth falling |  |
| 2018-03 | 3 | delinquency rising |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 2 |  | net worth falling |
| 2018-12 | 3 | delinquency 2x band |  |
| 2019-03 | 1 |  | delinquency rising, delinquency 2x band |
| 2019-06 | 2 | delinquency rising |  |
| 2019-09 | 1 |  | delinquency rising |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | delinquency rising |  |
| 2020-06 | 1 |  | delinquency rising |
| 2020-09 | 2 | net worth falling |  |
| 2020-12 | 3 | margin squeeze |  |
| 2021-03 | 6 | delinquency 2x band, delinquency rising, loan book shrinking |  |
| 2021-06 | 2 |  | net worth falling, delinquency 2x band, delinquency rising, loan book shrinking |
| 2021-09 | 2 |  |  |
| 2021-12 | 5 | delinquency 2x band, delinquency rising, loan book shrinking |  |
| 2022-03 | 4 |  | delinquency rising |
| 2022-06 | 6 | net worth falling, losing money, delinquency rising | loan book shrinking |
| 2022-09 | 3 |  | margin squeeze, delinquency 2x band, losing money |
| 2022-12 | 2 |  | delinquency rising |
| 2023-03 | 1 |  | net worth falling |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | delinquency rising |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 | assets shrinking | delinquency rising |
| 2024-09 | 1 |  | assets shrinking |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | delinquency rising |  |
| 2025-12 | 1 |  | delinquency rising |
| 2026-03 | 3 | net worth falling, losing money |  |

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

- 2022-03-30 [Red Rocks Credit Union Selects Upstart for Personal Lending - Upstart](https://news.google.com/rss/articles/CBMitAFBVV95cUxOaWVTT19zb2xoQjZlU0NzbzlJdzVrRGRYMjU0VHpfdUhMLTNNb1EyY2NZVFpQRHZ5QWxEei1RdTdjR2N1dDFjdmJTaGc3U2M5cUZUX2xJaVlrQVhtMFp4WDE0R1NXdDhnWGNfUnBPb29FMFpIVGxxd3pMbVI3ZlFjUEstTFZSWUpGbnJtdGsxNGhJd19rZnJOOWhPOHNRdnZBLTFBQi1HY0lfaU84bXRxMTZpaDU?oc=5) · Upstart
- 2024-02-05 [California State Assembly: Races to Watch in 2024 Election - CalMatters](https://news.google.com/rss/articles/CBMidEFVX3lxTE9HN3NqakluR1Q1TXVTZEpmNmhSYldxUXl3SXdkOEw3NkxieksxTHFlbmw5bG5XbXNDbkVxdTZIVHJMS3hQdHlPX0Jxb0lNTjZQLXJSRkNZbWhCSHVoNVdrX285V1lMU080N0k0QUhaUVA5ZkVC?oc=5) · CalMatters
- 2026-05-19 [Where are the checks coming from in Sacramento County Board of Supervisors race? - Sacramento Bee](https://news.google.com/rss/articles/CBMimAFBVV95cUxQNWZmVUdPZVJydHZ6THhNc1V4VlR4aXJPQl9zVEZYOU5wbUc2Z2dGcGc0NnhzOHBvVFBxZS1DQjQyd0NFNC1KZ3VSOFh3OFJfLUMwN0VfeEhlc0FZX1VVcGNZVXc3YzBHUlpzeHdacUNpcmRfaVJ1eDdYZjZPNjB2ZHNlUzRqb2FBaDlidUtackJ5Skp6ZFJMedIBmAFBVV95cUxPaTFBVUZfS3RCSHU1YWhYaHhIYUpEcjA5cXJ6SGYtSUhFTy1UcHExOGtNRlEtUHdMcVFkZlkzTW9jSEMxNnR4a1VJel92cVY0aXVCMzAzSTJtT093WGlUZXVwRC1XZDJENnVXZWZHV0FrNmI3MGNQSHR6bHlDSzFvbnUzZ2t0U1RIX0V4N3pLbXdNT05HeHpDbQ?oc=5) · Sacramento Bee
- 2021-09-14 [Biggest donors funding the California recall campaign of Gov. Newsom - San Francisco Chronicle](https://news.google.com/rss/articles/CBMif0FVX3lxTE5MU0RPYW1WTktjZXExeGY1NnByUER0ZjZ3Rm1zQmJOblFWSm9hYVY0bXdFT05sNjc5a3h6cERwbkdfTDNIX3NKQlFnNExiZ2ZWT2lmWTFXUWdBalMzaFMtUXdwZVZTbWJxTk01ZHVvR1h1cEh3UUdlbnNtNFVlVWM?oc=5) · San Francisco Chronicle
- 2020-02-05 [See Who Contributed to U.S. Senate Candidates - BirminghamWatch](https://news.google.com/rss/articles/CBMigAFBVV95cUxOblZFWUlkVmREWWJEdUw2N3BtZFFqSlpaWnlYVDdHbDRyWlB6dkJCWkVreDNWSUJSVXdnaFMzbk5EaVJDN3Y0ZUFpaWlGTjR6SzI0dDVTdk9peDUxei1CdXA0NXpaMk9iS05ReFNqU0tIbzBhZ2ZZSDlwZzQ5WTItWA?oc=5) · BirminghamWatch
- 2023-12-06 [The Hill’s Top Lobbyists 2023 - The Hill](https://news.google.com/rss/articles/CBMidEFVX3lxTE5tbDJQd2kyVmJkLXdYVmc5RkI2RXZHNUVHbmVDREhDOVgyUzV2czhXN1M2TnRlX081ZGlETlNMYWlndmlkOWgwRDc3QklLOUU2cURGVERQSzdWNEktOVBueVRRanVvS3g0ekN0UnRzbWFzYWpE0gF6QVVfeXFMTVNzNlFzTmVGMWxXR2ozam9jNFM1NTcwNHBRYVhQdlNRUVFJWW5hUmZXYi1xdHkxeHdFVFRpbU5PXzgzMF9FQ3o4QVNyNkV4eW15cGpTUkE3OXVnWnN1M2pwZHBNR09tZWN6TXhuNTh0MzZyWjVvbTNoSnc?oc=5) · The Hill
- 2025-03-31 [2025's complete Power 250: WNY's most powerful people, No. 1 to No. 250 - The Business Journals](https://news.google.com/rss/articles/CBMijgFBVV95cUxOWnE5clFwZnNadnhUMEhuVXlMUl9RTHNDU3UyV2xJbFB0d2w5bnhjQy1WZ1k4LVV4U2kzVHltdlJFQVU3eUxVMHh3MVFtN1F6X2c2MFFBOEU0M1Z4X0ZmbVoxdHFnaEhrV3dNVVczb29SSk8teHVkbEI1SzE2Z0w2U0QtSGpKeWlrSGZmZW1n?oc=5) · The Business Journals
- 2018-02-02 [Matter of Record ( Feb. 1, 2018) - Times Record News](https://news.google.com/rss/articles/CBMisgFBVV95cUxObm1MMWowWHB3WXpxVkJZckdFZFp6MGl2bEpxeUFPVTBYSGxqakNpcEFpZkFDNmpfR1dWT212MS16V1Vsa1Z2Y1FoX091d2dDVWpCb2owVzViOVd3emNWSk1ZQnVUZDk3Z3c2c291NndlN2N4Ty1rVHM3cVdRVk9NUTFnRmUwdkJrNkx5YjV0dVYzMzBydHV1RHB5ZDN2eTNzQWVtTDdiNDRPa2w3QzFHNDJn?oc=5) · Times Record News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65155 (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/3.json (key "65155", 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=65155
- 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