# KEYPOINT
San Jose, CA · NCUA charter 65299 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/keypoint-65299

Who the members are: state charter, organized 1979. 55,225 members of 6,714,842 potential (0.8% of the field); checking penetration 80% (share draft accounts per 100 members); loans per 100 members 44.

**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 | $1.70B |
| Members | 55,225 (2.2% YoY) |
| Full-time staff | 181 |
| Net worth | $149.0M |
| Net worth ratio | 8.8% (p10 of band) |
| ROA (annualized) | 0.35% (p18 of band) |
| Total delinquency | 0.39% (p26 of band) |
| Net charge-offs (annualized) | 0.54% (p54 of band) |
| Loans / shares | 92% (p70 of band) |
| Cash / assets | 7.7% |
| Borrowings / assets | 8.23% |
| Net interest margin | 2.97% (p26 of band) |
| Operating expense / assets | 2.84% (p30 of band) |
| Vehicles % of loans | 13% (p17 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 42% |
| Third-party paper % of net worth | 108% (p42 of band) |
| Vehicle delinquency | 0.42% (p30 of band) |
| Vehicle NCO | 0.88% (p45 of band) |
| Repossessed % of vehicle book | 0.15% (p72 of band) |
| Real estate % of loans | 55% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 169% |
| Core shares % of member funds | 55% |
| Certificates % of member funds | 29% |
| Average share balance | $16,097 |
| Participations bought / yr | $22.2M |
| Participations sold / yr | $113.5M |
| Participations outstanding | $247.8M |
| Loans outstanding per 100 members | 44% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $53,785 |
| Loans granted, annualized | $302.5M |

## Participation posture (from the same filings)

Bought $22.2M and sold $113.5M in the latest annualized quarter; $247.8M outstanding purchased (166.3% of net worth), $45.5M sold and retained. Sold in 8 and bought in 8 of the last 8 quarters. Shares 1.3% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **delinquency rising** (`aq_dq_rising`)
- **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 | 2 | thin capital, 3rd-party paper>100% NW |  |
| 2016-06 | 4 | loans>95% of shares, leaning on borrowings |  |
| 2016-09 | 5 | net worth falling |  |
| 2016-12 | 4 |  | net worth falling |
| 2017-03 | 4 |  |  |
| 2017-06 | 5 | net worth falling |  |
| 2017-09 | 4 |  | net worth falling |
| 2017-12 | 4 |  |  |
| 2018-03 | 5 | delinquency rising |  |
| 2018-06 | 4 |  | delinquency rising |
| 2018-09 | 5 | delinquency rising |  |
| 2018-12 | 4 |  | delinquency rising |
| 2019-03 | 5 | delinquency rising |  |
| 2019-06 | 5 |  |  |
| 2019-09 | 4 |  | delinquency rising |
| 2019-12 | 4 |  |  |
| 2020-03 | 3 |  | 3rd-party paper>100% NW |
| 2020-06 | 3 | net worth falling | loans>95% of shares |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | margin squeeze |  |
| 2021-06 | 3 | members leaving | margin squeeze |
| 2021-09 | 2 |  | members leaving |
| 2021-12 | 4 | net worth falling, 3rd-party paper>100% NW |  |
| 2022-03 | 3 |  | 3rd-party paper>100% NW |
| 2022-06 | 4 | delinquency rising |  |
| 2022-09 | 5 | loans>95% of shares |  |
| 2022-12 | 5 | 3rd-party paper>100% NW | net worth falling |
| 2023-03 | 6 | charge-offs p90, members leaving | 3rd-party paper>100% NW |
| 2023-06 | 6 |  |  |
| 2023-09 | 6 | assets shrinking | delinquency rising |
| 2023-12 | 6 |  |  |
| 2024-03 | 3 |  | loans>95% of shares, charge-offs p90, members leaving |
| 2024-06 | 3 | loans>95% of shares | thin capital |
| 2024-09 | 1 |  | assets shrinking, loans>95% of shares |
| 2024-12 | 2 | assets shrinking |  |
| 2025-03 | 1 |  | leaning on borrowings |
| 2025-06 | 2 | leaning on borrowings |  |
| 2025-09 | 1 |  | assets shrinking |
| 2025-12 | 4 | thin capital, net worth falling, 3rd-party paper>100% NW |  |
| 2026-03 | 5 | delinquency rising |  |

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

- 2023-08-31 [KeyPoint Credit Union welcomes John Caladim as Chief Financial Officer - CUInsight](https://news.google.com/rss/articles/CBMisAFBVV95cUxQdm5CNVJDdVFjNVVQUm5nY1BVY3laRFZxcXktaE5yanBQb2ljNHVVVTJLakZhRC1PamZSMGpYTU4xS2Z6eTNoTzZ6OEhoTktXX1l3Mm5DZVktMlYxMjdQWnJ3OWttNkhuNEFzbWxXLXhFekVHaGdPLVo4bXd5OVY0eDUyVmR5WU1sTXNXMElGM2NfNHlfYmRtTHBKVmZsY2VqMUNvZkFfbjB0Z2hBTHdJVQ?oc=5) · CUInsight
- 2016-03-09 [Alumnus Anthony Vitale Named New CIO - Newsmakers - Leavey School of Business - SCU - Santa Clara University](https://news.google.com/rss/articles/CBMijwFBVV95cUxOaFB0MVNJUEpoVXVNUEJPSFBWVWt4UHhwX0JmZkFKaTJwc2g3M192N1hPYmNSZnR6MElnSkZzMDdsejZueFJEYnVjdXJ3ZWVlQ1o4dC11bjFMZEVTaEgyOU1yc3ZFZ18wdkZOd1FyYWY3OC1OMkVURWlmNXdPSGxBbEFfdjViX0tOMnhfVUltRQ?oc=5) · Santa Clara University
- 2025-03-10 [Women in Leadership 2025: Faye Nabhani - Comstock's magazine](https://news.google.com/rss/articles/CBMiekFVX3lxTFB6cnA1cThTN0NJeWxHOWJJSHlqZWlrVjExM3dYRU9QUmF4Unc2dDhYdV96NHBlNU4xUWJqQ1ctcnR4bExtNWRXNXRfYkZ3UERQMUdpcnNMeTJuNXAzblVweU5nTG40VDUtOEFPeVdrS2daZWZob181a1BR?oc=5) · Comstock's magazine
- 2023-05-25 [California’s 10 Best Credit Unions of 2023 - BadCredit.org](https://news.google.com/rss/articles/CBMiggFBVV95cUxOOGlVS2RCaXBsZzRVWno2NTFjcWpBYjItQjhFd25zdHNTbE9MZVJZRU9SOEZXV0tMVVpwcjhKdGpIb3VhR2RCUmFWV0VGVzlZMEVrZDdwVHpHZUVLczBOamJ0anA0MGEwaTU3U3pZZ19sVURSX1lXZzZaOS04NGFFYUpn0gGHAUFVX3lxTE83dGNHU3BuTEtqd0dDWUpDVmNJVElCclFOdXFLMzJ1aDBVSXhfZW9WX1ZIM1hua1dYYmJjQXJnOThybFU5bXJDLU1WUWdZaVNOR2VmLXJMS1o1eXktX1VFVXlPWG9sMGNwZXRhbXNYT1JTUkZENjduOGpLSlp3MkU2dnI4cm5JQQ?oc=5) · BadCredit.org
- 2022-03-16 [F&A Federal Credit Union announces new President/Chief Executive Officer - CUInsight](https://news.google.com/rss/articles/CBMisgFBVV95cUxNeTNteHI1RnRQQzJocHNoSDU0NTNwV0JyYUVsQkxrNkVfNURLcUJmV245a01DVWJqUDNlaG93ODBvWTZ4SC1ZeXRUOXhjM0NTVXdUTS1oUTl5bVh3cElOcHd3enQ2ZGlQLUhRSkxlSGRZbEcwai1TVVJHV3MwTGtIN1NTb1laZmwxR3F4MXJZUS1yUFhzay00OUFIdVhPdFJGWHVqMkxzbTJ6R3VfSXBwS2FB?oc=5) · CUInsight
- 2024-05-13 [William Reed Obituary - CA - eastbaytimes.com](https://news.google.com/rss/articles/CBMibkFVX3lxTE9DYlZzYjRhRnhKSUowMHhzTGlUaUtid2xZSFFRZ3Q4T1Q1dzE3ZlFJSjNha1huVkU5aGN0ZXprYXlnQ0dEa252aHFSSllvekRBbmhzWVZ2LXRsWS1Nd2lTWlpjZWxfVi04eS1yTXFB?oc=5) · eastbaytimes.com
- 2024-04-23 [Sunnyvale Celebrates Best of the Best at 2024 Chamber Gala - The Silicon Valley Voice](https://news.google.com/rss/articles/CBMiiwFBVV95cUxOVlZPOW1LajYzVk5lTFFJbFpPNGNGY2M5RF9aTE1sZy1xR05ZeVRoOTAyQ2xuWW1lYzF3dHptVXJQSm9jdGNva05VQkYxTXByZldOZlVmbk16OF81WTVmaXU0RjE0U05IOEpWY1lOVVYwckhTZGR4WFM0cWljOUdwTlRYdW1DMm80cm5v0gGQAUFVX3lxTE5sS05WYjBJQ0VXMF8tUVpaOG0xWkNxTVloLXdhUlFxYm5tQ2dFWjFfdkJVS091Z1lLXzU4bmprUFVzemZqZFYyNkdTVGFXVWNfdnlvSllEWkNncC1CMHdWbFJTYzJUUVpHd2Z6TG56UUwxSm0xR1V5MWhIenFoRXJCSlRYbUliek5VNUsyNFd0SA?oc=5) · The Silicon Valley Voice
- 2024-08-30 [GI Partners secures planning permission for 72MW data center in Santa Clara, California - Data Center Dynamics](https://news.google.com/rss/articles/CBMiygFBVV95cUxQZnRzLVJuWjFvYTJKZ3ptdl9IMGR0N2NGaVRsdHJzbFFYRUxUTHlmekxON3QydHh6dHM2cF9tT1dKQ2lmWmNUT2VkeXlkZkVxVWdCUW9tSFNSeVhWalhmUTlmdnJFNFJ6bDV2VDczTzBUMHhKYTdQNVUtNGwweFRXeFJJV1ZGcXhkMGZISnVQbUkybEM5QzAyYmE0R1Z5V0p0d1l3elFKYXAxak9hSWhlQkQ5czdWazZ0MUZWcEtKUExIUk02dVhxUnpR?oc=5) · Data Center Dynamics

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65299 (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/19.json (key "65299", 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=65299
- 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