# SNOCOPE
Everett, WA · NCUA charter 68622 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/snocope-68622

Who the members are: state charter, organized 1959, low-income designated. 5,882 members of 7,705,281 potential (0.1% of the field); checking penetration 42% (share draft accounts per 100 members); loans per 100 members 57.

**Verdict on the desk:** this could be *indirect 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 | $89.0M |
| Members | 5,882 (-5.1% YoY) |
| Full-time staff | 14 |
| Net worth | $8.4M |
| Net worth ratio | 9.4% (p15 of band) |
| ROA (annualized) | 0.29% (p27 of band) |
| Total delinquency | 1.05% (p74 of band) |
| Net charge-offs (annualized) | 0.62% (p77 of band) |
| Loans / shares | 61% (p51 of band) |
| Cash / assets | 34.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.84% (p59 of band) |
| Operating expense / assets | 3.72% (p56 of band) |
| Vehicles % of loans | 56% (p69 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 85% |
| Third-party paper % of net worth | 279% (p97 of band) |
| Vehicle delinquency | 1.81% (p88 of band) |
| Vehicle NCO | 1.71% (p92 of band) |
| Repossessed % of vehicle book | 0.35% (p94 of band) |
| Real estate % of loans | 38% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 57% |
| Certificates % of member funds | 21% |
| Average share balance | $8,055 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 57% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $14,803 |
| Loans granted, annualized | $14.9M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 2 |  | auto monoline |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | members leaving |  |
| 2017-06 | 3 | net worth falling | members leaving |
| 2017-09 | 4 | members leaving |  |
| 2017-12 | 3 |  | members leaving |
| 2018-03 | 2 |  | net worth falling |
| 2018-06 | 2 |  |  |
| 2018-09 | 3 | auto monoline |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 4 | delinquency rising |  |
| 2019-12 | 4 |  |  |
| 2020-03 | 3 |  | delinquency rising |
| 2020-06 | 3 |  |  |
| 2020-09 | 5 | margin squeeze, members leaving |  |
| 2020-12 | 6 | loan book shrinking |  |
| 2021-03 | 8 | net worth falling, charge-offs p90 |  |
| 2021-06 | 6 |  | net worth falling, charge-offs p90 |
| 2021-09 | 5 |  | members leaving |
| 2021-12 | 5 | net worth falling, delinquency rising | margin squeeze, loan book shrinking |
| 2022-03 | 5 | delinquency 2x band | net worth falling |
| 2022-06 | 5 |  |  |
| 2022-09 | 5 |  |  |
| 2022-12 | 5 |  |  |
| 2023-03 | 5 |  |  |
| 2023-06 | 3 |  | delinquency rising, delinquency 2x band |
| 2023-09 | 3 |  |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 4 | assets shrinking |  |
| 2024-06 | 2 |  | thin capital, assets shrinking |
| 2024-09 | 2 |  |  |
| 2024-12 | 4 | delinquency rising, members leaving |  |
| 2025-03 | 5 | delinquency 2x band |  |
| 2025-06 | 2 |  | auto monoline, delinquency rising, delinquency 2x band |
| 2025-09 | 3 | charge-offs p90 |  |
| 2025-12 | 4 | net worth falling, loan book shrinking | charge-offs p90 |
| 2026-03 | 4 |  |  |

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

- 2025-05-05 [Clarke announces reelection bid for Mukilteo Water & Wastewater District Commissioner seat - Mukilteo Beacon](https://news.google.com/rss/articles/CBMiwAFBVV95cUxNUlg1WG50Z01JaUNKZ3lIcXBreC1iUFdDaFhPb2JZeXNYb2lVN1N3X05mcGtaa25Zc2RPTU9yeDNXMWdVVEtWNXFOMExodEFhSXNBNWhpMm9pVjh4TWN0OWVKRjVhdUE1YXlJZ01BXzlBVWtpNkRoOEdDdDhPSDlCWXV1STFYeE9Xb3RsUGthN0pKTmlnZWVZdzczYTlsWE4xQ0JDNkN4MnA0VDR5cHFyZmFibW9JQkx4SXZGQVhBN0w?oc=5) · Mukilteo Beacon
- 2008-08-27 [Levi Alfieri Obituary (2008) - Everett, WA - The Herald (Everett) - legacy.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxPT05qdzNlLWVTZDhwblpMOWI2aDZ3Z3RQUTgyTkxSTzVpMFUyZ2ZaWnVLcHNjeWNPVkVUMVlGRDNrWDdHcDRjYXJYT1VoMWVnYXprWEhkQ0tFX2pBckFzci1tMi1kNEs2MmxFeWdCSUU4QU1TellkOV8wUkc4SGZ1ZGVBdHFxMEhqWGxINlFn?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68622 (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/14.json (key "68622", 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=68622
- 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