# VALLEY STRONG
BAKERSFIELD, CA · NCUA charter 68712 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/valley-strong-68712

Who the members are: state charter, organized 1940, low-income designated. 357,321 members of 1,986,185 potential (18.0% of the field); checking penetration 51% (share draft accounts per 100 members); loans per 100 members 43.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $4.07B |
| Members | 357,321 (4.1% YoY) |
| Full-time staff | 534 |
| Net worth | $368.9M |
| Net worth ratio | 9.1% (p15 of band) |
| ROA (annualized) | 0.57% (p38 of band) |
| Total delinquency | 2.09% (p98 of band) |
| Net charge-offs (annualized) | 0.75% (p72 of band) |
| Loans / shares | 78% (p29 of band) |
| Cash / assets | 9.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.79% (p81 of band) |
| Operating expense / assets | 3.68% (p75 of band) |
| Vehicles % of loans | 15% (p21 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 86% |
| Third-party paper % of net worth | 328% (p88 of band) |
| Vehicle delinquency | 1.45% (p90 of band) |
| Vehicle NCO | 2.63% (p93 of band) |
| Repossessed % of vehicle book | 0.17% (p77 of band) |
| Real estate % of loans | 61% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 96% |
| Core shares % of member funds | 52% |
| Certificates % of member funds | 3% |
| Average share balance | $5,142 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $186.3M |
| Loans outstanding per 100 members | 43% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $18,597 |
| Loans granted, annualized | $707.2M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $186.3M outstanding purchased (50.5% of net worth), $76.3M sold and retained. Sold in 7 and bought in 3 of the last 8 quarters. Shares 2.0% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 2 | thin capital, net worth falling |  |
| 2021-06 | 1 |  | net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 2 | delinquency 2x band, delinquency rising | thin capital |
| 2022-03 | 3 | charge-offs p90 |  |
| 2022-06 | 6 | thin capital, net worth falling, leaning on borrowings |  |
| 2022-09 | 7 | loans>95% of shares |  |
| 2022-12 | 8 | 3rd-party paper>100% NW |  |
| 2023-03 | 6 | losing money | delinquency rising, net worth falling, loans>95% of shares |
| 2023-06 | 5 |  | losing money |
| 2023-09 | 6 | loans>95% of shares |  |
| 2023-12 | 6 | assets shrinking | loans>95% of shares |
| 2024-03 | 7 | expense trap, delinquency rising, loan book shrinking | thin capital, leaning on borrowings |
| 2024-06 | 5 |  | expense trap, delinquency rising |
| 2024-09 | 5 |  |  |
| 2024-12 | 3 | delinquency rising | charge-offs p90, assets shrinking, loan book shrinking |
| 2025-03 | 2 |  | delinquency rising |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | net worth falling |  |

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

- 2026-02-23 [Shafter confirms Valley Strong Credit Union branch is coming soon - bakersfieldnow.com](https://news.google.com/rss/articles/CBMi8gFBVV95cUxQdTFQeGoyekZVbU9LbFFXR29acW1nYmRDMXAzX09hNC1waWlzNHM1Q2hPNkQ0RjRJblYzY2VOcTNCMnU4NmFkNDJJQVVOSjFSejQzVEpMQ1FFdFlnSkJzTzk5eXAwV0UxRUdtRkI4Zk9IUjB4UHVVMzFyRk5xZFVuY0JLTWpXelg0ZzJhdzJ3dWdEWG9DZlVySWZWX3VwMEVqTjNTNERqSkJfSXFNaVlOT2pCQ0M1U0hFcW9iclJpUjg3UUJ4cVhFa1FSRmZfOXVpWm9wS0hLSXl0RFN4eE5EYmtjMk1YVHdia2ZOU0lDNHB0Zw?oc=5) · bakersfieldnow.com
- 2026-06-17 [Central Valley credit union named as one of the best in state by Forbes - Yahoo Finance](https://news.google.com/rss/articles/CBMinwFBVV95cUxNLWYxREFKbXVPMmZCSmJXbm5GOE1ZUGd3c1I0V2VJU1RERC15SXlaMUlZM01qT1NaQUJsbGY2YVFLcVBBN3RkalJqZGVmWkVxaFBMMzNpUVliYkNZNFhiXzhGdEdkWGZtZVNaOUxrRFphU1BYN25JUnQtczFUSEN3SVFyaEpzWkU1alBhM3g0alNJME4yM1B3eUgteXlLVnM?oc=5) · Yahoo Finance
- 2025-01-27 [Valley Strong Credit Union opens new full-service branch and administrative office in Fairfield - CUInsight](https://news.google.com/rss/articles/CBMi0gFBVV95cUxNTDllbXRGRW1vX2d4ZVJ5Z0ludUhXTXpzX0ZweTNScVVKdnZiaTVEbHVjSVFOSHZERnZaRVlfTUVzZlR4bEJqVG9fTWc5QXJtMnMtRXhYaHZMM0FGUkRUU0E3MXVGdVJDN0doOWxrSzJGT3d4ZXh3d3JXdlNjUl9Sa1VjSzZxdHhBR1IxVm1sLWZxZDM0RS0xaTNHckZIR1pTNVRwTEk0eHliNkQya0dablgwVEd5a1BtRFN1OU5UWkhCUjRJb2RhM3ZrV0otQkNEYXc?oc=5) · CUInsight
- 2025-12-08 [Marquis Software Solutions Under Investigation for Data Breach of Over 780,000 Financial Records - Schubert Jonckheer & Kolbe](https://news.google.com/rss/articles/CBMickFVX3lxTE1vZVQ4bU5jSFVZOGJmZmVqbDJWLXBOcHcxWUZISVE3djVZZVM4ZHFaRTdFTk9vMGptMU5fY2NjMmNRRlRSX1BHVEJ6VjdDeHlSNEZIeTNYU2VoYVRaaDZqT2otMUJvaEROYWx3OWdlQmdIZw?oc=5) · Schubert Jonckheer & Kolbe
- 2025-08-22 [Valley Strong Credit Union recognized as second 2025 Outstanding Business honoree - thebusinessjournal.com](https://news.google.com/rss/articles/CBMiswFBVV95cUxNU1VEQnpqckpNN2xRaS1xOUJLaXYyMTIycGdKUm8xNUwyaDEzSXRmMk9uVHo2THkzb256NmRJZW5jeDFHSTdwN1JIYjE5SzFDV2ZFUk9NdUg0dm9UZjhsaHhEZ1R4VXEwN3QtMFJONGFscEdWSmh2X0pXQ3Rza3JjNzBGU2RSZUF0QVVsenFKaDNVQTZocHlROGNjdWRaVS1KZ0ZtUGsxSzkzWVNpRmxSZ3Ztcw?oc=5) · thebusinessjournal.com
- 2025-02-11 [Valley Strong Credit Union - FOX40](https://news.google.com/rss/articles/CBMiaEFVX3lxTFAzQ182OXlzZlF6ZklqU0JfZHBKT0J5NUt0VzNwWmN6dGpYSG1JUndpNzhQaEdvdTd0UmF1cFdvX3JTUjUtNUJMdG16VExadzFQQmFldjhNQkhNcVVaR2xtWHJqMUxQbjM50gFuQVVfeXFMTkZWUlJLUFhHZGRqSFhhQXdzOGo1S1Q5N2JJU0RYRzBzSDZxY29ETjFFODZJNk03MDl2YjEtWEg2c3g4ZnY4SUl4MGFUc0NNR3hwd2p4SHMxQU93NmlUVnFMUFRYbG1lMTFxaVFsS0E?oc=5) · FOX40
- 2022-05-05 [San Joaquin County-based Financial Center Credit Union now part of Valley Strong - The Stockton Record](https://news.google.com/rss/articles/CBMi-gFBVV95cUxQQnptLWV4ekNmcDcxWDNIajg3SF9nOE81Mkp4bXNwaW4zYlZFTXVjMEZqTkxCTEY3N3BUeWRfTm1YYnc1R0VoVml4b21pLXp2YTBaU0h0a2RzTWVmQjdmVjlxWG5tN2NoU1NqWXQ1TFBSSXpuUGxlZEFyaU9Gd2NkSkZEOG5jQ1RVa1NRSzdWUnBwRVJ3clJRZjJDckJIdkJjXzQ4ZFFEN0NTYnhjc1pvbTdVbjRIQjk5VUV4YWstMG9KZHdRU2ZjbExxOE9hT2FLb05tZ3N3RTRnMWszTFM5LTFLQ25BU19qNWEyUHQ4SHM4RmVHSlJid3BR?oc=5) · The Stockton Record
- 2021-05-28 [Valley Strong agrees to merge with Stockton-based credit union - Tehachapi News](https://news.google.com/rss/articles/CBMi4AFBVV95cUxOWUhScTBPUWR6aHppZUtnYXVGVHNDQ0gwc1BIUHRFdzZzeUROUUlIeU9DTTJJS3dBWGlYclJOeFBVM1dtbUNMTUpubHlldjFVTVlUbjNtSC1tb2wxbElwY2RfX1h4b01nOVk0STc0aXpzeE5RbEZpSnAwM1JwQXhoZmkwOEdia1plR3lHRm5mUDRUUjJZTlFaUDRFVG42aUtwRE5HTHctTWNxVHFrSmFKSVFZc3lEc2pRN3NqcHVSM1BEV0JJNkV6QWM3WndIY1ZzckhWVHJNbE1LZHNnaWxrNtIB5gFBVV95cUxPSWdsLUZaWmUxWXAyMWZqRkRBeXFCZEJlWWs5VlhpWjZFcFZDNHRJOU1LX0lFbnA0bUhMU19DeXctWVRlMFlxQUlJMVhlVFQ3NGluOUdIUkNqTWUwa200X2ZpQW9CbnMtYUJ3Y0t6SWZ4NURiaFJSTElXOEtZMWQ4VDI5bFM5VEx5RmF1NGhpMC1tQVozRkxrUmtNelpaazQxWGdsazh3MzlBakJLVy1kYkEwRWYzY2tkeU5mamVkTXpmNmFkMW45REpCYkFsXzdfWi12WXUtQ1MxekxQT2pIdF9QOEtBdw?oc=5) · Tehachapi News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68712 (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/40.json (key "68712", 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=68712
- 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