# ALTIER
TEMPE, AZ · NCUA charter 68372 · asset band $100-200M · latest filing 2017-12 · stopped filing after 2017-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/altier-68372

Who the members are: state charter, organized 1947. 19,322 members of 4,167,947 potential (0.5% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 71.

**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 | $191.3M |
| Members | 19,322 (3.9% YoY) |
| Full-time staff | 58 |
| Net worth | $4.7M |
| Net worth ratio | 2.5% (p0 of band) |
| ROA (annualized) | -4.69% (p0 of band) |
| Total delinquency | 2.71% (p97 of band) |
| Net charge-offs (annualized) | 1.44% (p96 of band) |
| Loans / shares | 79% (p60 of band) |
| Cash / assets | 9.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.23% (p61 of band) |
| Operating expense / assets | 4.50% (p81 of band) |
| Vehicles % of loans | 48% (p71 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 94% |
| Third-party paper % of net worth | 1377% (p100 of band) |
| Vehicle delinquency | 0.75% (p57 of band) |
| Vehicle NCO | 0.58% (p60 of band) |
| Repossessed % of vehicle book | 0.00% (p57 of band) |
| Real estate % of loans | 28% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 258% |
| Core shares % of member funds | 64% |
| Certificates % of member funds | 5% |
| Average share balance | $4,691 |
| Participations bought / yr | $0 |
| Participations sold / yr | $3.4M |
| Participations outstanding | – |
| Loans outstanding per 100 members | 71% |
| Loans granted per 100 members, annualized | 38% |
| Average loan balance | $10,499 |
| Loans granted, annualized | $80.5M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, losing money, delinquency 2x band, 3rd-party paper>100% NW |  |
| 2016-06 | 3 |  | delinquency 2x band |
| 2016-09 | 2 |  | losing money |
| 2016-12 | 4 | net worth falling, losing money |  |
| 2017-03 | 8 | capital below 7%, delinquency 2x band, charge-offs p90 |  |
| 2017-06 | 3 | delinquency rising | net worth falling, losing money, capital below 7%, delinquency 2x band, charge-offs p90 |
| 2017-09 | 8 | capital below 7%, losing money, delinquency 2x band, charge-offs p90 |  |
| 2017-12 | 8 |  |  |

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

- 2018-01-30 [Altier CU to merge into America First Credit Union - American Banker](https://news.google.com/rss/articles/CBMioAFBVV95cUxPZjNHOG12Ukt5Y3Uza1pkWC1vWERHUnRDVGZQRnZnTlNEVnBlVWFkQkN6aV8yM1lXOUdIX0trak51Y1dGM0NqNW1rOUM1ZnZPcDhPSzVLZ0tGTmlZa2xhLUJNV3p5QS1mZG4tR0VfRUs3YVVKVnl4TFJTNUVrU1BQSjlRbnRXQ1VZbmpOMmNTZGF6UkhETUU1VjZfRjhvWFVU?oc=5) · American Banker
- 2025-09-19 [America First Credit Union plans Arizona expansion with eight new branches - The Business Journals](https://news.google.com/rss/articles/CBMinAFBVV95cUxNU1V0RjVJdmcwdVp4MjVKbGc1QkRObjBmbGZLanNHN1U3REtKY1JVZWd4YUVpMFRYd2tOdUptYnZacl9iNFFHRHhWYWFudGRQc2VaY3RxR1RVZUVySnh6eldmOUc2blBkZWtvaTFwOU55TG11b3oyeUZ3M1M5bDBfemZidWR5aTdKSjN5SEZaU3h0cks0TE1LNHdOSzk?oc=5) · The Business Journals
- 2012-10-16 [Mary Bent Obituary - Phoenix, AZ - Dignity Memorial](https://news.google.com/rss/articles/CBMie0FVX3lxTE13cU5xX2xtWHlsTFNkdW1YU3ljQUF6Ym5PNEVxT3hfRDI3THFIMl83V0p2elhPaGlqVGpLUi00bTF5NHF0djN2ZUtmSXlHZU01X0swSkVHRVlxZ3RlNHFDNlMyQV9VSWFXQ2NudWdZX1FXY2ZXRkRfT0t2Yw?oc=5) · Dignity Memorial
- 2008-11-14 [Richard John Clasby II - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxORHZfcV9nMWE0MTBFdk1vN1NWOERjZWhoZlJ4UzJkUXRZM3NwSHlZbzNWMjU1R2lkTW9tMG51YllsV1lrYzJBemYyRTNOS2dneXFFMElBVFVjWHVvdEpGcVVkWmNha2FmMU42aVVQR3owM0xTUjZSOFRCWXZ4aklsLXFSMVFNaThzWl9uR3VGLUxMdw?oc=5) · legacy.com
- 2018-03-20 [Allan Neal Obituary - Phoenix, AZ - Dignity Memorial](https://news.google.com/rss/articles/CBMifEFVX3lxTE03QnVkdU9QTHMwNWQ3ckdMWmc1ZDdoeURmaWZEY3p6dVRYMDNRX3BhcFpLS01VOG9EUThYX1Nfd3NraV9WdFVMRlJTbHlxQ3cxSHpsRHFEdkhiSzJZZWI3NmdTbHlPRFo2ekVkQ19WMm5nbFNRQWg2Q2pSem0?oc=5) · Dignity Memorial
- 2008-11-14 [Richard Clasby Obituary (2008) - San Gabriel, CA - San Gabriel Valley Tribune - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxQd0ptaTd2eWZSbUZaR0FDWUNjd3k5WDlzbXVXQXU5ZmRMLWxqdWdoRVctaDJ0WHJjR3pxcEtiMGE1dExzZFI5dHI5SkE5QU91WC00T0stRW8xUDVHTVpHM09XSWdqSlRpZlpET051YndtWGFBMVFYS1dVdUJTSEFyVDQ0M2l2ZjZtNVhzU2w3cDNrZw?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68372 (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/20.json (key "68372", 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=68372
- 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