# HERITAGE COMMUNITY
Rancho Cordova, CA · NCUA charter 68395 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/heritage-community-68395

Who the members are: state charter, organized 1953, low-income designated. 10,041 members of 3,400,000 potential (0.3% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 84.

**Verdict on the desk:** this could be *participation buyer*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $282.6M |
| Members | 10,041 (-3.3% YoY) |
| Full-time staff | 44 |
| Net worth | $27.6M |
| Net worth ratio | 9.8% (p27 of band) |
| ROA (annualized) | 0.29% (p20 of band) |
| Total delinquency | 0.64% (p55 of band) |
| Net charge-offs (annualized) | 0.44% (p54 of band) |
| Loans / shares | 96% (p96 of band) |
| Cash / assets | 7.5% |
| Borrowings / assets | 0.71% |
| Net interest margin | 3.26% (p30 of band) |
| Operating expense / assets | 3.30% (p34 of band) |
| Vehicles % of loans | 30% (p45 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 48% |
| Third-party paper % of net worth | 396% (p97 of band) |
| Vehicle delinquency | 0.77% (p64 of band) |
| Vehicle NCO | 1.30% (p79 of band) |
| Repossessed % of vehicle book | 0.14% (p78 of band) |
| Real estate % of loans | 56% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 1% |
| Core shares % of member funds | 55% |
| Certificates % of member funds | 26% |
| Average share balance | $11,735 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $150.5M |
| Loans outstanding per 100 members | 84% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $28,581 |
| Loans granted, annualized | $35.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $150.5M outstanding purchased (545.4% of net worth), $0 sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares 3.3% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **members leaving** (`shrink_members`)
- **loans>95% of shares** (`str_ltos`)
- **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 | 2 | losing money |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 4 | delinquency 2x band, delinquency rising, charge-offs p90 | losing money |
| 2017-06 | 3 |  | delinquency 2x band |
| 2017-09 | 2 |  | charge-offs p90 |
| 2017-12 | 3 | net worth falling, charge-offs p90 | delinquency rising |
| 2018-03 | 3 | thin capital | charge-offs p90 |
| 2018-06 | 3 | charge-offs p90 | net worth falling |
| 2018-09 | 2 |  | thin capital |
| 2018-12 | 4 | delinquency rising, loans>95% of shares |  |
| 2019-03 | 1 |  | charge-offs p90, delinquency rising, loans>95% of shares |
| 2019-06 | 2 | auto monoline |  |
| 2019-09 | 3 | delinquency rising |  |
| 2019-12 | 2 | loans>95% of shares | auto monoline, delinquency rising |
| 2020-03 | 4 | losing money, delinquency rising |  |
| 2020-06 | 5 | thin capital, members leaving | loans>95% of shares |
| 2020-09 | 5 | net worth falling | losing money |
| 2020-12 | 5 |  |  |
| 2021-03 | 7 | margin squeeze, delinquency 2x band |  |
| 2021-06 | 4 | charge-offs p90 | delinquency rising, net worth falling, margin squeeze, delinquency 2x band |
| 2021-09 | 5 | delinquency 2x band |  |
| 2021-12 | 3 |  | thin capital, delinquency 2x band |
| 2022-03 | 1 |  | members leaving, charge-offs p90 |
| 2022-06 | 2 | net worth falling |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 | members leaving | net worth falling |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 3 | delinquency rising |  |
| 2024-06 | 4 | loans>95% of shares |  |
| 2024-09 | 3 |  | loans>95% of shares |
| 2024-12 | 4 | loans>95% of shares |  |
| 2025-03 | 3 | net worth falling | delinquency rising, loans>95% of shares |
| 2025-06 | 4 | delinquency rising |  |
| 2025-09 | 1 |  | members leaving, net worth falling, delinquency rising |
| 2025-12 | 2 | loans>95% of shares |  |
| 2026-03 | 4 | net worth falling, members leaving |  |

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

- 2025-04-03 [Heritage Community Credit Union celebrates the grand opening of new Folsom micro-branch - CUInsight](https://news.google.com/rss/articles/CBMixwFBVV95cUxNRHhYVUpJZHloWEdGWVN5OExqODNRUzJlMFBPelpSSUxnajNwZzRnLUxzTGdNZ2xpUHN4Z2k3UW9leHNVc05veHBYOHlWM3VGa3pzQWZXRHhnd1hWaWUtN1NLMk1ZazBCQmhCdGtqMy05YUlyNWgwMmdkTDRqOTNPYjhTMktQaXVodmNxekJjeWNQbDRkQk1taDRPWmJsSmplSnliM3VUSlJDYWZRVXhNMm9nY281RENZeUsxbndSSnA4TFZDSmhJ?oc=5) · CUInsight
- 2018-04-09 [CU at the Cherry Blossom race - American Banker](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNTDRyekdpLWg5YUg5WXJxQXhaY1JiYzROYV9tSk0yNTBkd0V0bDdfZW5ianJKQVh2ell6N2QxYTUzMWFrdHhqUEQ1TmNQODNHTVozQmh2cUVIX0tpaVhkOHZHRTVUWTJ6bmZHemltWW96TzJnS0g1SnJaZFgwRk5WLXhvbHhQS3MwdzB3?oc=5) · American Banker
- 2016-08-13 [List of banks that support Apple Pay in the United States - 9to5Mac](https://news.google.com/rss/articles/CBMie0FVX3lxTE15UkVmX3k3aURqZXBKcFZCVTJuMEEzWTlLUEpQRDdTR25DQ2lPVXZGeEYycEVZcXl5RThsdlg3aUV6WHZFdWIzWDBUR2ZsT2FUcG1JWU5mbzJ3bVRUT0NjaEFFQXJaV0o1RklzdW03bzN2MXJoV3B1aFhEWQ?oc=5) · 9to5Mac
- 2021-10-07 [Robin McCoy Obituary (2005) - Elk Grove, CA - The Sacramento Bee - legacy.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPRUtkVk94Tm1aWENBNmRtMGRSSXJ2VzNzX2tOQ3UxWl9NRHlqdGtzN0xQSVREQ1AyNkpBOEM5cFc5ZGNidnYwb2JCb0FjTDhWbE1BLUpzZEszVTM4b3RzVFNUVlM3dGpzb29ISXZDeFpZOHlzbkxuWkhnUElfbW54UE14M1Zqc3FT?oc=5) · legacy.com
- 2018-10-02 [Here are all of the banks that currently support Apple Pay - iMore](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · iMore
- 2011-04-25 [Daily Business Report — April 25, 2011 - sandiegometro.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxOamwzalVZcUNNNjdHd0VRRXRMRDJlX3FjTk5XQmg5TmdSVkJmQmtFdVMweVcyamt2dDg4RFg2SDJTcEtoZkZjVVZYWnFVMDFlUml3T0t4Zk4wMmJaOVdPWnZQYnFINVoyUmJWZHVuS3Rlc2FIVjc5eEJONU5lTC1CWms4RzVrcVNHUlB1cg?oc=5) · sandiegometro.com
- 2019-05-21 [2019 United Heritage Community Scholarships awarded - CUInsight](https://news.google.com/rss/articles/CBMilwFBVV95cUxPeWVhaDdVU2ZLR0gtb0VXNjktT2MwZ2p0NnZUYk1zVjlCS3RmeFNUVnFrVlhQMWtVLUM3TmprWEhvN2ZFZlloMDNsZDdybG03VFJMSl9lQVkwRWVSZE9xQWIxeE9GUy1Rd0VvWHJmd3g5elp6MEI4enJ4SEdCWXJQM0hvSXVZRXJOQllfMWVkNWp2LUEzaHBZ?oc=5) · CUInsight
- 2017-03-25 [Five added to city’s Wall of Fame - recorderonline.com](https://news.google.com/rss/articles/CBMiuwFBVV95cUxOWTUwUGE4UlhJazAwUmppREllMURBVzV3SF9aSXRQSUlqVjFZT19TYU93TUZqbC1mY1dfVmROR1Z5SHVjRXRHcHhsTXdVelBPMXdOLW1YX3lNbDJ4UzRET1E0VElZZ3liM2R0bVNjT05Zc1RQV1p1a0dtRmlZamJ3bWV3SlZvTWRPMHJ3bDV5TkxEZWplWWJUV0hTUTBLMXZNVEZoS21tRlJHZEVXam1tTnBXVHlmSTRMV0VJ?oc=5) · recorderonline.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68395 (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/43.json (key "68395", 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=68395
- 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