# TECHNOLOGY
SAN JOSE, CA · NCUA charter 68383 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/technology-68383

Who the members are: state charter, organized 1960. 174,822 members of 4,000,000 potential (4.4% of the field); checking penetration 34% (share draft accounts per 100 members); loans per 100 members 55.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $4.66B |
| Members | 174,822 (-13.3% YoY) |
| Full-time staff | 342 |
| Net worth | $512.7M |
| Net worth ratio | 11.0% (p57 of band) |
| ROA (annualized) | 0.11% (p7 of band) |
| Total delinquency | 0.54% (p42 of band) |
| Net charge-offs (annualized) | 0.79% (p76 of band) |
| Loans / shares | 91% (p66 of band) |
| Cash / assets | 6.5% |
| Borrowings / assets | 8.59% |
| Net interest margin | 2.48% (p9 of band) |
| Operating expense / assets | 2.13% (p8 of band) |
| Vehicles % of loans | 6% (p6 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 81% |
| Third-party paper % of net worth | 511% (p98 of band) |
| Vehicle delinquency | 0.20% (p10 of band) |
| Vehicle NCO | 0.79% (p38 of band) |
| Repossessed % of vehicle book | 0.13% (p68 of band) |
| Real estate % of loans | 41% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 46% |
| Core shares % of member funds | 33% |
| Certificates % of member funds | 38% |
| Average share balance | $20,393 |
| Participations bought / yr | $116.0M |
| Participations sold / yr | $0 |
| Participations outstanding | $199.0M |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $35,645 |
| Loans granted, annualized | $722.5M |

## Participation posture (from the same filings)

Bought $116.0M and sold $0 in the latest annualized quarter; $199.0M outstanding purchased (38.8% of net worth), $31.6M sold and retained. Sold in 7 and bought in 7 of the last 8 quarters. Shares -0.6% year over year.

## Flags firing in the latest filing

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

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

- 2026-08-11 [Technology Credit Union Selects eGain AI Knowledge Hub to Enhance Member and Employee Experience - Yahoo Finance](https://news.google.com/rss/articles/CBMiowFBVV95cUxPT0s1WkkxbjlZNG5EX25vdUlXTE8tTnk1S055X3RCanRXQkJhUVpjRjJVN1RLUXh1NVI1VlpSSXBydGhKbDV5S0FadVg2bllOc0pNZU4wdTVWYklVd3RZMk9GczlDMmFoajhreXE4ZzFidlpERVd2bjlHRjRhRmdoWVctQTJ6ZE9qTDdxeVZ1M1cwV2ViMHpYN29YNnhYLVhNTDF3?oc=5) · Yahoo Finance
- 2026-06-29 [20 Largest Credit Unions in America | Banking Advice | U.S. News - U.S. News & World Report](https://news.google.com/rss/articles/CBMigAFBVV95cUxPTGo3NzJqcExQdW1NT240R08xaGVXT1pFZHBGS29RSG9UaUJQaWkxV3RrbEZheE5jWjRlUmp0am5oQ3V6SFh6U2lIQ2NvaWtKTnhsNko2TU0zYXRhWUFEb0ZBUWFJUkxYWlQ4eVBTWHFmNjZkbW1QOXg1VnBDbExpWA?oc=5) · U.S. News & World Report
- 2026-05-01 [Farmers Insurance Federal Credit Union opens eighth branch with new location in Burbank, California - CUInsight](https://news.google.com/rss/articles/CBMi1gFBVV95cUxQLWdMS3g1TFlGMnhZVnhPVmxvdkFXcGNhZXdMbGd0SGR5bkxNR2JzWHRfQVdpT05TZmI5bFh1MnBqR2tVTUJNVjBuLWVMWFJxREJ5Z2NyUFU1eG80Q2xHZGNNbktOVFRoV2ZXaFVQSlFIUTV4VmozZGJLTjRKMElLVC1jbExVM3B4MkVCekFVakk3NXpieXlab01NbUlmUTBiWHd4bXlNWXhVZkIwdEhKN1hjaldwY1lvLXVDeTNRUmFwdFgyV0xfUEVEVklhZFRBZks0bHp3?oc=5) · CUInsight
- 2025-12-01 [Credit Union Conferences in 2026: An Evolving List - CUTimes](https://news.google.com/rss/articles/CBMijgFBVV95cUxQTmxaVl9NcnQzNDQ2d2ZyLW5KaWNueHMtcjdBdXNpODdRQzI3ZUxUNXdLVWJJNkJsUzJGdWE1TEhhZHBfcmUzRzhlWXpyVUF1bk43ZTU0LU02Tm5aaXlOSFI4VnB6SkhuNG5Kd3pzb1dkbWJaWDd2aEROZVo2d0YtQW42RF9XWlRNcjBpbDJn?oc=5) · CUTimes
- 2026-03-30 [First Tech Federal Credit Union Appoints Chief Legal Officer - Yahoo Finance](https://news.google.com/rss/articles/CBMiogFBVV95cUxNYjhjQnRrb3BkMlF0YVp2dFRwZERJMjd2SGRWY1dIajg5UjJvN1U0Z2F5cWczOFhEWEJyaElxV081aVZDNzlIOVZIaDE1dkIxQktIVVNkaVpNZ1RvcXN5aGdMS2ZCVkNiSTdDX2JuWU1pZVhVSE5fclNMTFJDcWV0aHltNVlfeHZLamJZVDQ3bWFoWWlBRU5MeGNselJjT0ZHdEE?oc=5) · Yahoo Finance
- 2026-06-11 [First Tech Federal Credit Union review (2026): Fee-free accounts and 24/7 member support - Yahoo Finance](https://news.google.com/rss/articles/CBMisAFBVV95cUxOdUt5Sy0wWURGMy0xQWVnMThwV3FocmNDUk9PS25RVDZVancyaV92THgwaVVfSHJ6YWxVbzRXSVgteGEyMGNKQl82NVpOejRUUFV1UWFIejF2Nkg1TzB5dFVKSUVhODJDYW1CcFJWOE5ibFMtYlA1bzZnb2tuOGNfVEZLTEFPZkh4NndMeVNWQmlOeFlESVVtbUlmX3NFeU4wUWVWbERLQlRLVnFNMHQ5cg?oc=5) · Yahoo Finance
- 2025-06-16 [North Island Credit Union Launches New Virtual Chatbot To Enhance Member Experience Through Smart Technology - PR Newswire](https://news.google.com/rss/articles/CBMi9wFBVV95cUxOTTNhakVFS1IwMmN1N0FDLU80TDJOT3lXOU8tYzM5d3hGUTF0RFB5U3dhdnhEaWVnSXBFZVEtbFZmQlEyMEo5ak1hUkRxbG1fWUh2amJfLTYxbTVWQ3FuWkE4V2hsakRLcjhZY1ZsY2dBQldQbTNpSmFsSGRfbEtIRE8teW1rLVc0cXlLYTdxUDZWSnlIRDZOaDRxUGV4X05rMkI4dTlJWms0d0R6a01YVWZieEprZkZ1TnVFN0NEMmdBVkRnUF9aY1hUQ3pxeXpiSHZfeXE0RXZDQW9KejFqcm1WNTBuSWRJY0Y3TG9wMXRYYlpVQ3Q0?oc=5) · PR Newswire
- 2025-12-29 [Most-read technology articles of 2025 - American Banker](https://news.google.com/rss/articles/CBMifkFVX3lxTE9yY2FuQmdrY1NrOXFZT21BeERuNkExZHVlNjZDdlBxeWdlV2NIOEtDZmFfN1JyTWthZGFrLVRxdHYzSy1ZTjZlaDNPdEpHMFcxQnc1b0VObHBLTkN6Y3RROGlKT3h4X241eWpxcE9mdGR4RHZFdnhJdmk3SkY3UQ?oc=5) · American Banker

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68383 (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/31.json (key "68383", 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=68383
- 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