# PATELCO
Dublin, CA · NCUA charter 68579 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/patelco-68579

Who the members are: state charter, organized 1936. 543,881 members of 12,297,843 potential (4.4% of the field); checking penetration 57% (share draft accounts per 100 members); loans per 100 members 53.

**Verdict on the desk:** this could be *indirect 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 | $9.62B |
| Members | 543,881 (7.2% YoY) |
| Full-time staff | 840 |
| Net worth | $1.01B |
| Net worth ratio | 10.5% (p46 of band) |
| ROA (annualized) | 0.27% (p13 of band) |
| Total delinquency | 0.62% (p51 of band) |
| Net charge-offs (annualized) | 0.65% (p63 of band) |
| Loans / shares | 86% (p47 of band) |
| Cash / assets | 7.2% |
| Borrowings / assets | 3.12% |
| Net interest margin | 2.83% (p19 of band) |
| Operating expense / assets | 2.35% (p14 of band) |
| Vehicles % of loans | 25% (p46 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 83% |
| Third-party paper % of net worth | 147% (p53 of band) |
| Vehicle delinquency | 0.63% (p55 of band) |
| Vehicle NCO | 0.96% (p50 of band) |
| Repossessed % of vehicle book | 0.11% (p62 of band) |
| Real estate % of loans | 63% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 22% |
| Core shares % of member funds | 25% |
| Certificates % of member funds | 24% |
| Average share balance | $6,681 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $245.9M |
| Loans outstanding per 100 members | 53% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $24,685 |
| Loans granted, annualized | $1.85B |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $245.9M outstanding purchased (24.3% of net worth), $241,134 sold and retained. Sold in 1 and bought in 0 of the last 8 quarters. Shares 2.3% year over year.

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | net worth falling |  |
| 2016-12 | 0 |  | net worth falling |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | net worth falling |  |
| 2017-09 | 1 | 3rd-party paper>100% NW | net worth falling |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 3 | net worth falling, delinquency rising |  |
| 2019-09 | 1 |  | net worth falling, delinquency rising |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 3 | net worth falling, margin squeeze |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 1 |  | net worth falling, margin squeeze |
| 2021-09 | 1 |  |  |
| 2021-12 | 2 | delinquency rising |  |
| 2022-03 | 1 |  | delinquency rising |
| 2022-06 | 2 | delinquency rising |  |
| 2022-09 | 1 |  | delinquency rising |
| 2022-12 | 1 |  |  |
| 2023-03 | 3 | delinquency rising, leaning on borrowings |  |
| 2023-06 | 2 |  | delinquency rising |
| 2023-09 | 3 | delinquency rising |  |
| 2023-12 | 2 |  | delinquency rising |
| 2024-03 | 3 | delinquency rising |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 2 |  | delinquency rising |
| 2024-12 | 5 | net worth falling, delinquency rising, assets shrinking |  |
| 2025-03 | 3 |  | leaning on borrowings, delinquency rising |
| 2025-06 | 1 |  | net worth falling, assets shrinking |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2026-08-03 [Patelco Credit Union Invests in Payfinia CUSO, Joins Board to Shape the Future of Embedded Payments - Business Wire](https://news.google.com/rss/articles/CBMi6wFBVV95cUxNU0Y4VFc2Q3BrbFZicExNOXU3Q180dy03SDFRaDdUenpiM2h5emdhLUpMZVdzNEs3bWdtQnBXN0hpNVlFanh0TFFFZkdOYXJtOC1ucmhPc0s1Wk5tejVyMDdTX0FPZDMtWDRMVFRWN256OWZESjZlU2JtZWd3bjNsaVhPSGk3aFZQR2NSYUwwSFFrcVI0UmY0cTZCVWF4TkNWQ3dLSGdkRHhGMElhVTI0TjVsbHc3X2Q5dXl2OXNORFZLN0dUdy1EaGNIa2tROWxkVzB4XzVPYS1MeWlKR0paN0FYYV9pWXVFTTZ3?oc=5) · Business Wire
- 2026-08-13 [Best banks in California in 2026 - Bankrate](https://news.google.com/rss/articles/CBMiakFVX3lxTE5aVmVVZEZYM1VEbW1kUzZmUGt6ODlaeURnVURmaGxCUmVYTkpEY3U0YVlqYjEwYjJjbzRTRnZIYUlBeG91YWlKcXNnZ0p0cEpza01YN2lXZzlMcUw5UEtNSlNKTVF5RGIwSlE?oc=5) · Bankrate
- 2026-04-07 [Patelco Credit Union Earns National Industry Honor for Financial Education - EIN Presswire](https://news.google.com/rss/articles/CBMivgFBVV95cUxQYzNjNHZaR0Vwdk4xUTNzYlhCaTk4UFFOU3VUQVZwV2M5NlhnSHVOZXZPcnZTX0JDRlloRFZEY2d3Sm5BZlBXS2hOWGxNRHlURkpkbXRxcV9VWnVFd2RqZEc5VDRGLVF2c1hvWnFRcDZqSnl1Ujkzd3RBQzhKblVyckRtYlBnS1FXazJyaFIyX3RUUkk4VkZLS0dNR29TUnFnQnpoM0pKS0E4MndyVUpyc2V0NTRKT05yUEI1aGVB?oc=5) · EIN Presswire
- 2026-03-02 [Former Patelco Credit Union headquarters has a buyer on the line - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxQLXZ1RHBHYU1DOGVVaXI2a0J2UFRuRUFQY0hQbXpwc2FVck1oSm1nWnc5QzlsMUlkeXFHd2MxRWpRUnFFT0xYQ1BqbzRLSnJwNWM5ajd2dllId3BhV0hjRXhOZENSNE9KMFk5d1VmSGhwQTZieTNQbnZ2QjJjRUpON3YtRHRpWGRIcTNnV282WkRVLTUyVUdiTEZwMmx5NXFqVjBKOVlVa1VQUmt5Ymc?oc=5) · The Business Journals
- 2024-07-02 [Patelco Credit Union Cyberattack - The Department of Financial Protection and Innovation (.gov)](https://news.google.com/rss/articles/CBMia0FVX3lxTE5fVi1iSXdhQW1nUnRNeGprNzdqMVpGcF9hQ3Y3TFR5WURObF9iaHFUWEtWUW1qenNSUzVmTWdQU1JIa1ZWTEhKVFlId2p3MWE1MkdjSmhVQU9NaTdYV3pPY0NaSGVOazJKRDRZ?oc=5) · The Department of Financial Protection and Innovation (.gov)
- 2024-02-29 [Newsweek names Patelco Credit Union one of America's Best Regional Banks and Credit Unions 2024 - CUInsight](https://news.google.com/rss/articles/CBMi0AFBVV95cUxPaXdJMWlWakdTQTN0LWRMV20xZ19DbFhKOFVZNUcwZVJqOC1Qb1RpVWJhaHJoRTJpSUZNYTFCRnpGSmo4dnVVSWM0cjFqQVowOW81cGllM1hta2VNbTVTSU1pZ1QxelNES2F0TGpzN3lzb1NuNWd0QjJPdDlPV0NjaVVMODFrSklYamxhelc3a2s3dXd0ZmlqQ2MtdzVNbmV1QVhQMHI1T24yNXRSOTB1QWp1TFN6cFZnaU9PMXBKTHdCZnE3ektZX2w1WjdQU29H?oc=5) · CUInsight
- 2024-07-03 [Ransomware Attack on Credit Union Cripples Online Banking - GovTech](https://news.google.com/rss/articles/CBMilAFBVV95cUxNTGxIT1E1ajE4WUs2WVFUbU9RV0VPLThGT0JGVGZDZVI2ZUFmbWl1eHRHbjNIRVNpU1VkLWIxRlVJRlVPc0hFbEU5Y0V5VXdFdG1GeFVFMkFYbTVxb3pzRHJQTXhGbUw3ZjNyNGRnTU1BM2pvX2pIQk5wYWM5VW9SdURUd3BZclU3R1ktc1pWcWtCVDln?oc=5) · GovTech
- 2024-07-01 [Patelco Credit Union hit in ransomware attack - KTVU](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNVUhiRFB0NGc4bkhjUGdQQVVzRXBUaXEzUEZlcE5HU0RIRGY4SENuQmJlNi1oa1gtT2xVenVaRXMwMGlNb25pa3pMUTZwMEI2em9BWGNKSmsxTFRFUFRnY2pOWWRsN1VUeENDZVBjcEZDWEo3Q0lEOWtqRm5TVnZQUDRLN0Flbkho0gGOAUFVX3lxTE5lVGJUWl9tZy1oZ3ZjaVJMUHFQelVVNnFWa2VnSHFJdEdzTHMwLVd6dWVCNTloa2FwTmJwVzM3ZGtvQXpjNUVPdzZwNVA3NnB1enpVUlhOWmo5eFhFRlRqRDNOQUxFY2RrSEM4cjNxaEVwRy1ma0tkV2lFM0I1OVFYTXNObkJiSUlxeThTMnc?oc=5) · KTVU

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68579 (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/35.json (key "68579", 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=68579
- 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