# WATER AND POWER COMMUNITY
LOS ANGELES, CA · NCUA charter 68493 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/water-and-power-community-68493

Who the members are: state charter, organized 1936, low-income designated. 44,876 members of 10,000,000 potential (0.5% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 49.

**Verdict on the desk:** this could be *participation buyer*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $990.8M |
| Members | 44,876 (0.1% YoY) |
| Full-time staff | 111 |
| Net worth | $90.9M |
| Net worth ratio | 9.2% (p24 of band) |
| ROA (annualized) | 0.67% (p55 of band) |
| Total delinquency | 0.59% (p50 of band) |
| Net charge-offs (annualized) | 0.60% (p67 of band) |
| Loans / shares | 84% (p56 of band) |
| Cash / assets | 4.6% |
| Borrowings / assets | 8.88% |
| Net interest margin | 3.54% (p56 of band) |
| Operating expense / assets | 3.22% (p30 of band) |
| Vehicles % of loans | 12% (p14 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 12% |
| Third-party paper % of net worth | 68% (p42 of band) |
| Vehicle delinquency | 0.36% (p29 of band) |
| Vehicle NCO | 0.95% (p56 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 57% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 68% |
| Certificates % of member funds | 16% |
| Average share balance | $9,762 |
| Participations bought / yr | $34.2M |
| Participations sold / yr | $0 |
| Participations outstanding | $198.3M |
| Loans outstanding per 100 members | 49% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $31,927 |
| Loans granted, annualized | $157.2M |

## Participation posture (from the same filings)

Bought $34.2M and sold $0 in the latest annualized quarter; $198.3M outstanding purchased (218.3% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 0.0% year over year.

## Flags firing in the latest filing

- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 2 | delinquency 2x band |  |
| 2016-09 | 1 |  | delinquency 2x band |
| 2016-12 | 2 | delinquency 2x band |  |
| 2017-03 | 2 | delinquency rising | delinquency 2x band |
| 2017-06 | 1 |  | delinquency rising |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 3 | net worth falling, delinquency rising |  |
| 2018-09 | 1 |  | net worth falling, delinquency rising |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | leaning on borrowings |  |
| 2020-06 | 5 | net worth falling, margin squeeze, delinquency rising |  |
| 2020-09 | 3 |  | leaning on borrowings, delinquency rising |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 2 |  | margin squeeze |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 1 |  | net worth falling |
| 2022-09 | 3 | leaning on borrowings, 3rd-party paper>100% NW |  |
| 2022-12 | 3 | delinquency rising | leaning on borrowings |
| 2023-03 | 4 | charge-offs p90 |  |
| 2023-06 | 3 |  | 3rd-party paper>100% NW |
| 2023-09 | 3 | leaning on borrowings | delinquency rising |
| 2023-12 | 3 |  |  |
| 2024-03 | 4 | losing money |  |
| 2024-06 | 1 |  | thin capital, charge-offs p90, losing money |
| 2024-09 | 2 | delinquency rising |  |
| 2024-12 | 2 | net worth falling | delinquency rising |
| 2025-03 | 4 | thin capital, delinquency rising |  |
| 2025-06 | 1 |  | net worth falling, thin capital, delinquency rising |
| 2025-09 | 2 | thin capital |  |
| 2025-12 | 1 |  | thin capital |
| 2026-03 | 1 |  |  |

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

- 2025-08-07 [Water and Power Community Credit Union announces new board chair, Venest Henry-Evans - CUInsight](https://news.google.com/rss/articles/CBMiwgFBVV95cUxNWDhJUHhlZlFhaGY4dGp6QlpBaDR3LU9fYWdjY0NtbWZEZF9HSm1WS29CdEV4Smk0VlgyQXNZU1Vpai1GM21rS1R1TEI4V1ItWGlvVF8xcnVFM1drUmpNRWJJY1VvNWhFMkVReUxkS0JBQUYtZDhWQ1AzMHhpZy1TcVFMZG5JM1ZhdDA4ckRMQ3A3ZEJPTTZWWi1pMUdUWXU1bU15UWtTeHlZOTYtLTJoZmJ5Q0RhUTg2cXphTjVWeXpqZw?oc=5) · CUInsight
- 2021-09-08 [Water and Power Community Credit Union Selects Upstart for Personal Lending - Upstart](https://news.google.com/rss/articles/CBMivwFBVV95cUxNZnNZTUJENGhuc3EyWnN3ZGlER3dKQWRERjZXNDZIRVlBOGdreGl0aHo0M0pMOXJQRjBxZXNuaEZfTmJXdW9LVWJNY0tyTmRkdG5OV1lNQnBwbGRNcW5mLTd0MnN4cHZtYVJ1Y0xTXzcxN3VUUzRCaTdmTEVyeVZPMDR6NUl3QThhV2xiMjlCNHlNT1lVSUxTWUZTUmtKX0NFSkVhaUUyek81OUx6YjJlUE5tLVlVWTIwTElTaVh3dw?oc=5) · Upstart
- 2018-07-16 [Water and Power Community Credit Union Partners with Co-Op Financial Services on Digital Transformation - PaymentsJournal](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQY0xzbVdMSHViU3JrSndkNlUtWWZDeTRUSVN3bm84X1B2bXNXTGVIcl92aVc4V0ltWndTd0R2WUFPWTNoU2R2am0zNUR3ZTNmRlNxdk1MTElUZUJXZ05ZMzRmU0lQb0ZXYThMMWRxclNDMkNFaWdVRUlDSlNYSy05MkFHdkVRdjAzMXR3R1V6N0ZLb2Rnc0xvdFBtNjNXODBGUFJLQUFiUWnSAa4BQVVfeXFMUHZPYnpUOWVac2RrcFIySktLaVdyTTZnRG83LWw3Rnh6c1BFM09lSFluODNXQnNkbmluTGlJTmFIbng1dE9xWGxCeVZMd1liS1Rubnp6UVFqMXpvU2NBVzhRbG1wZEw1bzRCMjFKQUVqelpmZ3MwRGI3ZFhoWVBxOUhIVmtLeTIyczhTYVJFVnFIYVk5QVYwVlFNcTBHRDBEb0VodDhFR28ycHJpZXBn?oc=5) · PaymentsJournal
- 2023-03-04 [NORTH HOLLYWOOD HIGH SCHOOL WINS LADWP SCIENCE BOWL XXXI AND RIGHT TO COMPETE FOR NATIONAL TITLE - LADWP News](https://news.google.com/rss/articles/CBMiuwFBVV95cUxPbWRNR0lkUDktVnozbDRnaFFsR25fN1FGeC1SZXpCS1hmUWFKTFd4dGpDSjF4VFgxS0lVd1pFQzdDZEVjM0tFY1VocUZnVjd1M0M3SGViTXFRWTNFWFBGRHhsOG5IYVZEazhNR3Fudmtjam1fMjA0SG1OLWRPLTFuaVIwTHQyMU4wSl9xRHptSTI5eG85QS1yazNVS0t6R0J0cS1obXMtV2tYOXBPQVc3ZG1QazRMaGs2eVVV?oc=5) · LADWP News
- 2016-02-20 [North Hollywood High School Team Wins LADWP Science Bowl XXIV - NBC Los Angeles](https://news.google.com/rss/articles/CBMikgFBVV95cUxPRWJrOEFPOENoV3Qzc0JmRkk4aHlZaXZzYkd6cjgtMXRqMmt5VUF0ZzR4bUwySnFraHJxQ2tUNFdyRHJPUF9qb1YteUJZUE5zc3dJWVpVZ1JJaWlIT29qUWNHcVMzZXdMSDBNamY3QnphbmVTVG0yRHg2WnZUaml2Rk5URGJxeWFid2N3RFF2X2xGd9IBmgFBVV95cUxPZUhicVZSNXdNdWhSUlRBOWdOWXkzYUR5bHlrUkFtUS1XMU5jUEp5N2RwRV9YRkFMTmxQeVlxWWFwYUdZRHBRLU0zWDVoRzMyLWlScjFBdWE2ZnF4bHJWUGl1ZnBENFJwdm1QbklEV3lFSFk5TXF6WnR0OVJCSkNnakRvVEhtS0FGTmpmVng0cDE0WkxOQjZ2ZmxB?oc=5) · NBC Los Angeles
- 2022-03-05 [North Hollywood Senior High School Wins 30th LADWP Regional Science Bowl Competition - LADWP News](https://news.google.com/rss/articles/CBMikAFBVV95cUxNNnU5bHFRcXZOdlVRaE1oZEkxMzhYNnVtVTJ3QmFnbW9TMVFCSnYwdjJ2eFNtdE4ySlN0cTY3SHgyRm1rQlo0Nm5IM0NtSkRLaExncF9JN1ZCeDBQeC0tOGxQNEhxbE5EUmRKbHpvM2lfYzlZUWJLd1RPNmc4Ti1TZDdTY3ZoZm8xeGhfMExzdmo?oc=5) · LADWP News
- 2023-03-04 [North Hollywood High Team A wins LADWP’s ‘Science Bowl’ - Los Angeles Daily News](https://news.google.com/rss/articles/CBMilAFBVV95cUxNdmVWZ3ZNQy1QZEV0VEhmdnU0VEd6MlVTank0b2FIbWxNY3ZiTzFYOTUzM2ZYeHJhdmxaeFRDZXg5dUN1bHVOQ292Tk53NUNDZjA0LU9sSmxZZDI0Nks5bnVZY3RzdG1fYS13TU5HX196RWVnSFpPU3FQbWdvUWFUaXVnY19uUTJSQlNITTRLaEtmYnRy?oc=5) · Los Angeles Daily News
- 2023-02-21 [LADWP Science Bowl XXXI – March 4, 2023 - LADWP News](https://news.google.com/rss/articles/CBMi3AFBVV95cUxORkZoU0F2NEM4cU1CemNhN0ZfRWo2aVBFb01Uek80Y1Q1d2hxLTlpUzhnd0RSaWxlaFVBVHlwVjlrSDVIWmc3S1doNUdfLURQaHE3a215UHA0dnRiLVotMUdkSkxnQnY5SE5GYUlVMzJsNHBaZGdsSFlhdE9mVEtPWXJuNDloSmpTWjBRTzctV1Bid0poZG4zc09DY25QYW9kdDREdXlTa1BUX3B4c0lab2VHSXZXaFZSVWhxR1NQaEdaNnJKN1d2T0NRejFKWEZzbzFwbTltZjZEOXlo?oc=5) · LADWP News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68493 (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/13.json (key "68493", 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=68493
- 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