# VOCALITY COMMUNITY
GARBERVILLE, CA · NCUA charter 65388 · asset band $100-200M · latest filing 2025-03 · stopped filing after 2025-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/vocality-community-65388

Who the members are: state charter, organized 1980, low-income designated. 8,305 members of 798,328 potential (1.0% of the field); checking penetration 170% (share draft accounts per 100 members); loans per 100 members 45.

**Verdict on the desk:** this could be *stressed*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $126.4M |
| Members | 8,305 (-9.2% YoY) |
| Full-time staff | 29 |
| Net worth | $9.4M |
| Net worth ratio | 7.4% (p2 of band) |
| ROA (annualized) | -0.63% (p3 of band) |
| Total delinquency | 2.27% (p95 of band) |
| Net charge-offs (annualized) | 1.74% (p97 of band) |
| Loans / shares | 89% (p90 of band) |
| Cash / assets | 13.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.70% (p60 of band) |
| Operating expense / assets | 4.67% (p84 of band) |
| Vehicles % of loans | 39% (p51 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 83% |
| Third-party paper % of net worth | 359% (p97 of band) |
| Vehicle delinquency | 1.20% (p81 of band) |
| Vehicle NCO | 3.14% (p97 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 50% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 75% |
| Core shares % of member funds | 44% |
| Certificates % of member funds | 16% |
| Average share balance | $7,248 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 45% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $27,390 |
| Loans granted, annualized | $7.2M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | repo signal |  |
| 2016-06 | 0 |  | repo signal |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | members leaving |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 3 | delinquency 2x band, delinquency rising |  |
| 2017-12 | 0 |  | members leaving, delinquency 2x band, delinquency rising |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | delinquency 2x band |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 3 | net worth falling, delinquency rising |  |
| 2019-03 | 2 |  | net worth falling |
| 2019-06 | 2 |  |  |
| 2019-09 | 3 | net worth falling, 3rd-party paper>100% NW | delinquency rising |
| 2019-12 | 3 |  |  |
| 2020-03 | 2 |  | net worth falling |
| 2020-06 | 2 |  |  |
| 2020-09 | 3 | net worth falling |  |
| 2020-12 | 4 | repo signal |  |
| 2021-03 | 5 | margin squeeze |  |
| 2021-06 | 3 | expense trap | net worth falling, repo signal, margin squeeze |
| 2021-09 | 2 |  | expense trap |
| 2021-12 | 4 | expense trap, loans>95% of shares |  |
| 2022-03 | 5 | delinquency rising, repo signal | loans>95% of shares |
| 2022-06 | 7 | net worth falling, losing money, charge-offs p90 | repo signal |
| 2022-09 | 10 | thin capital, loans>95% of shares, leaning on borrowings |  |
| 2022-12 | 8 | repo signal | delinquency rising, net worth falling, leaning on borrowings |
| 2023-03 | 7 | assets shrinking, leaning on borrowings | expense trap, losing money, charge-offs p90 |
| 2023-06 | 8 | net worth falling, losing money, charge-offs p90 | loans>95% of shares, repo signal |
| 2023-09 | 11 | capital below 7%, loans>95% of shares |  |
| 2023-12 | 9 |  | assets shrinking, loans>95% of shares |
| 2024-03 | 9 | margin squeeze, repo signal, assets shrinking | leaning on borrowings, net worth falling, charge-offs p90 |
| 2024-06 | 9 | charge-offs p90, members leaving, loan book shrinking | capital below 7%, margin squeeze |
| 2024-09 | 11 | capital below 7% |  |
| 2024-12 | 11 | net worth falling | repo signal |
| 2025-03 | 8 |  | capital below 7%, net worth falling |

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

- 2020-08-26 [Vocality Community Credit Union welcomes Valerie Johnston as Vice President of Finance and Ana Cortes as Marketing Director - CUInsight](https://news.google.com/rss/articles/CBMi9wFBVV95cUxNeUQ0UnVTWnNsV1hGNkJfTVIwb041VVdZR2tvV2RCQ2t6Zkp0Sk9ob3pZYTZvUHBpZENwbE1DcEdzU2txd2tsVlpRd1E0QURGdWJHckNSUk43Vl9NMm9PREliYXAtSXliR0J5eWRvX3NacTlGMWZNOEpPWWwzaVlkQ0tHRHNQRDVJLWpJNjVyalhQa01IZ1o3ZDJPTTMzOFdFbUI0c2dnaWZEM0U1cUxlX2YzUXBISXRlMXNHcktLblVfYW1YYi1uVE9nNTJ2c1JvR1pJLTFUS3NoZ2U1V0xMa2gxNkVrUkQ2a2w0WnphU1ZERWlmRkRv?oc=5) · CUInsight
- 2026-02-18 [How this Santa Rosa CEO is living up to his company’s name and motto - The Press Democrat](https://news.google.com/rss/articles/CBMinwFBVV95cUxQeDVSTXhlVHo5Smd6RG40VG4wdFViZDVtSURwazJDNXBnc3AxLXU0cFBHdTBoemlvbERxQWNNSk5jZFQxbEZGVGdfYzBOdEFxTW44cVNOSy1mbG4zbHFleGxlYVBaUmgySkY2QzlTMWdhV2lteHExYWRkb2NjUHVOZ0tYbDdjNmlpOHduMUVCVTVRRnRudWc5SHFaaDdBa3c?oc=5) · The Press Democrat
- 2020-08-26 [Vocality Community Credit Union Hires Johnston And Cortes - cutoday.info](https://news.google.com/rss/articles/CBMipwFBVV95cUxNM3p3djBzeE5EVVRhV082V01OY2doVDV2UEJYUVBvMWJPRUNBSG03OFlFRDdoOHZlU01qazVNZUlsdjQwTkgzc0lZaFJidks1RHJ3VGxrUXd4NU9HUVozb1pYb1BOSnhPVGRfd2owMzRTR0w0LUptOHoxSm1DcTZabFlNY24zdFB5MXk4WGVkN3Ixb250a1ZBZVZ4T1NEZ3JLOGU3UnpWcw?oc=5) · cutoday.info
- 2023-10-28 [Southern Humboldt County towns rank in top 10 of national foreclosure data - Times-Standard](https://news.google.com/rss/articles/CBMiuAFBVV95cUxOX3h1VFpZWmlxellKZWRjcmpCRC1IWmU0bjFYSEVvWUxnSWZ0Y083OERDRmRvUFdJN0JzenZEZEdoRm9YamMwZEVQUGZKY0pnN3UwZ1R1Sm0tRDFaSklXdnBXTHc3b0tWaXY4NDBwWmhvUEFneWRfWGRtQlliMm5uZlRmT011Vks5MkFQVkVJeloyNVBGclJTSDZKeEZOd3Y0cF9lTGlhYVUydHZCb1ItWTlqd1I2M2E0?oc=5) · Times-Standard
- 2024-11-17 [Northern Network of California Credit Union League Donates $2,500 to Toys for Tots - Redheaded Blackbelt](https://news.google.com/rss/articles/CBMisgFBVV95cUxQX2cxaU9TbjJMYzdTemtCUjdPTVp1aE9aTm5ubDVlaTlPSGpiSi1kTFkzeGdHcE1DUGNrU0hTNGprNzNuSGtvUjFIVFRyX1p0blhtQ00xSXI4QzZSd29WbkhMSDdvTElLSFJQekZ3Q3hlZU01TG5rXzl4VWZJT0NPdmdKemJHR0xDWFduamN1TFBaSURFUWttMVBBMGtXcVlvZE00UWhSUDl0eHVkcjRENjZ3?oc=5) · Redheaded Blackbelt
- 2023-03-16 [Leadership Redwood Coast launches 25 from Humboldt, Del Norte and Tribal Lands to spend five months preparing to lead - Mad River Union](https://news.google.com/rss/articles/CBMi7AFBVV95cUxNTEUzSlljeWN0RnNrbXR3MGgwRG1WaGw2TEE1T2lKTlZRb1JHY05JQUJxU3JKX2toaWwxNWtEd3BzTS03djlEcWI3TGpweGRJZ2F6NkN4TjEwVFdzYVBFVDN6WDZRdV80bEExVUpXZXRZQkhKNDd5ckJINk9OeHBSanYzZlFuWnpoaHltV3Eycm15Y3l1M182V0F3TzlFZXdpYlI1b05WOE9fQUs2Z0w2YmlHMWl4QV8wanVyYkhsMk9XY0V2U2VSZXZUWWF1VW1fUzZjRVN1SlJ4Q29Zd3BMNXpXM01qTzA1QXdfVA?oc=5) · Mad River Union
- 2024-07-30 [‘The Addams Family’ coming to Willits Aug. 2-11 - The Ukiah Daily Journal](https://news.google.com/rss/articles/CBMilAFBVV95cUxOZDB2M1p0dlhMeDMzeHY2UEY0NXpVYjVjc1Y3QXhfZFozaG1admJURnJXa2pKclN0NTI5VkNMeVVsZFRSR0JJd2lxOG15WE9fX2VNNkRrZWstOHVDQzhqNXNja19nT0gxSWVqNjYtMElWOHk3N1dNNVJfT3ptVG05aHl0bmFfcUR5Zm1wQ3ozdGM0Y29y?oc=5) · The Ukiah Daily Journal
- 2024-04-01 [Comedy for a Cause to benefit Ukiah and Willits high schools - The Ukiah Daily Journal](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNSHFjVzFUZmNtRlkzaDZuWHVSTHFOSXJ0T3IzNmxMSW4xaWRub3pOQWdkay11cUpTdUY4MWdrNzR5UDEyNTdHZVg1QlFyXzNIRGRMWE05dFVlZ2F3WjZuTUdsWGNsQmRMWlRsWVRSX0trTWdjR3VkN2RMeXNxSzlmVnRoZ091MTAzSUstd2dCQXZSLXE2VC1lVThlQk5qczZWY0dmQTJCakMtQQ?oc=5) · The Ukiah Daily Journal

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65388 (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/44.json (key "65388", 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=65388
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide