# MY
REDWOOD CITY, CA · NCUA charter 68446 · asset band <$50M · latest filing 2021-12 · stopped filing after 2021-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/my-68446

Who the members are: state charter, organized 1963. 1,782 members of 73,000 potential (2.4% of the field); checking penetration 56% (share draft accounts per 100 members); loans per 100 members 46.

**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 | $37.1M |
| Members | 1,782 (-16.4% YoY) |
| Full-time staff | 5 |
| Net worth | $2.4M |
| Net worth ratio | 6.4% (p3 of band) |
| ROA (annualized) | -0.47% (p13 of band) |
| Total delinquency | 1.55% (p77 of band) |
| Net charge-offs (annualized) | 0.70% (p87 of band) |
| Loans / shares | 40% (p37 of band) |
| Cash / assets | 10.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.20% (p41 of band) |
| Operating expense / assets | 3.24% (p61 of band) |
| Vehicles % of loans | 24% (p15 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 65% |
| Third-party paper % of net worth | 94% (p97 of band) |
| Vehicle delinquency | 0.91% (p71 of band) |
| Vehicle NCO | 3.14% (p99 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 64% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 140% |
| Core shares % of member funds | 77% |
| Certificates % of member funds | 6% |
| Average share balance | $8,977 |
| Participations bought / yr | $592,742 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 46% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $16,854 |
| Loans granted, annualized | $2.6M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, losing money, 3rd-party paper>100% NW |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 2 |  | losing money |
| 2017-03 | 3 | losing money |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 4 | delinquency rising, assets shrinking | losing money |
| 2017-12 | 3 | losing money | delinquency rising, assets shrinking |
| 2018-03 | 3 | net worth falling | losing money |
| 2018-06 | 3 | losing money | net worth falling |
| 2018-09 | 3 | members leaving | losing money |
| 2018-12 | 4 | assets shrinking |  |
| 2019-03 | 6 | losing money, delinquency rising |  |
| 2019-06 | 5 |  | losing money |
| 2019-09 | 6 | losing money |  |
| 2019-12 | 4 |  | assets shrinking, delinquency rising |
| 2020-03 | 6 | net worth falling, delinquency rising |  |
| 2020-06 | 7 | margin squeeze |  |
| 2020-09 | 9 | capital below 7% |  |
| 2020-12 | 7 | delinquency 2x band | net worth falling, capital below 7% |
| 2021-03 | 10 | capital below 7%, loan book shrinking |  |
| 2021-06 | 10 | assets shrinking | margin squeeze |
| 2021-09 | 10 | margin squeeze | assets shrinking |
| 2021-12 | 8 |  | 3rd-party paper>100% NW, delinquency rising |

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

- 2026-05-05 [The 10 Largest Credit Unions In The U.S. - Bankrate](https://news.google.com/rss/articles/CBMidEFVX3lxTFA4ZGZEYmpOV1llV1R3VDk5T1pYcURFb01HcEc0VTQ2RlFfajJfa1UtMi1HRGN6ZDFsaXUzcEVsaDlKZDE5NW9YTkgyWU82V3lWT25sYi1SOXlNSWhlT0p0N1JLbzFKaWJRc2N5dHozMndDbVI0?oc=5) · Bankrate
- 2026-07-12 [Shannon Joseph Riley - Star Tribune](https://news.google.com/rss/articles/CBMid0FVX3lxTE14am1Pa0xlRjEwR1dkaG9NN1FzV0J2YTdabTZYY3l1M3B3emgtXzFyYjlERGNCQ1NycWdWbHpVMDV2UzlpZGtSLXFCVnFoeFk1YkU0aDA4VkxnMHRVbl9pWjZTUzlIbTVGN1BBVmUtenFsaHNlX2RV?oc=5) · Star Tribune
- 2026-08-05 [Best Credit Union Bonus Promotions (September 2026) - Best Wallet Hacks](https://news.google.com/rss/articles/CBMia0FVX3lxTFA2QXB2VnhxSnB0eVBNTEc5LUphV2s2Z2FNVVJGVHJWWWZXeGJnUzFWQ0I3dlJjQnd4WDVUOFUzZVRVbGJlMkh6aVBqZWJ4MEpoM2NaZHFTVEhra0xJVkdpOE0zMnJjUFI3aFpr?oc=5) · Best Wallet Hacks
- 2026-06-15 [What to Know for Evanescence: 2026 World Tour Setlist - Ticketmaster Blog](https://news.google.com/rss/articles/CBMiX0FVX3lxTFBuTTN6MkU3Z0oxU0tnRnpPVlJBR3JaTXd5UEpUbDdTWjhmeTdaNUV6UkFUSVhMYXU2N2J2R21nb2NHemZoMUdTUTZNbGtiQ1FCTVpLdFRuMVJERXpwaW1j?oc=5) · Ticketmaster Blog
- 2025-09-19 [Best of Orange County 2025: Financial: Best credit union - Orange County Register](https://news.google.com/rss/articles/CBMimAFBVV95cUxQZXNLS3FUM25idXR3ekZUR0pHaXBmV3BlSzBpMGRyUmkwRkg0SGJra2FSSy01ODZVdXlPTk02YlFEX0ZQNXRITmRMeS1vNzIxcloyN2FybjZfRW5xSEQwT2ljLUVqVFVoaThZUmRSOGx2TkpCdFEtcldGams0TkNwNzlXcV91SVNTV3VfRl9fMldsQUUydFNFbQ?oc=5) · Orange County Register
- 2025-12-09 [Webinar: Easy electronic payment options for business - canada.ca](https://news.google.com/rss/articles/CBMi1AFBVV95cUxOSUttYjh3R2RGR2VyS3FsWTJjSVoxeFMyTkpib0c4QzRFYmdDb25LR0ZKNDZqQ0lsR2Z6UWYyTjFVMVkzbjFEVVFqSS0wM2lkTmRodll1cm10QTB2LW15TTRVTUJGaVNNb2J2all3VnEtc0tWQ18wUUdDc3gzM1NiQWgxOU5OdEk1cGdiempGNnFSVkFMSlVpTTRHRG4yVkdERzBLTFNHR2UwQ3dNcTBwM1h2SGFiQmtkQTYwMUFOX2haeWZMSnBlWkJ1VjdTaHl2TFFlZA?oc=5) · canada.ca
- 2025-02-24 [You could make $1,000 a year with just a simple change in how you bank - San Francisco Chronicle](https://news.google.com/rss/articles/CBMipwFBVV95cUxOUURraXFGOXJXYXpHVENOd2RhQmR4QkJYTTF2WG5tWUlvZGc2TnNmWFAyRVdlTEJWZDE3bHpxd1ZyUHNmdHVYSUZDVGZIUmJyVWJhWHhacmZMNjZOTVJEb2E4NnF2d0xBZGRFVlhHdTEzTU9xeUdQVDlacENGdDZrR0FNSjlGZ0oyTzJrLVptMmx3b2xoUENEeVVGREFTeV9yN0FjY3dDWQ?oc=5) · San Francisco Chronicle
- 2022-02-03 [San Francisco Federal Credit Union merges with My Credit Union - American Banker](https://news.google.com/rss/articles/CBMisAFBVV95cUxNdHVFdWQ1WXlYeW1YcGhkWXgxT3FtUy1XdWJyOFhjYmxjd2lkQldSMmV4anpFVTN5YllfRGpjNm9Ndy1Gd1NDTUptQk8yNGxITy04ZkE3QXZNYUNYbmdfRDE1d3dOQkQwc3Z6NkFCNzNnb1VtcjNZeGlQSTVqVElMQU81T3NscWZwWEktUXctWHpPcThaSHRpSDZZZ0Z3TldOR1JZVEpXZEo2cE1OZERyWg?oc=5) · American Banker

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68446 (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/30.json (key "68446", 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=68446
- 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