# SKY
Livingston, MT · NCUA charter 761 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/sky-761

Who the members are: federal charter, community charter, organized 1935, low-income designated. 12,746 members of 1,011,663 potential (1.3% of the field); checking penetration 77% (share draft accounts per 100 members); loans per 100 members 47.

**Verdict on the desk:** this could be *ordinary*. 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 | $190.4M |
| Members | 12,746 (0.6% YoY) |
| Full-time staff | 64 |
| Net worth | $15.3M |
| Net worth ratio | 8.0% (p4 of band) |
| ROA (annualized) | 0.70% (p50 of band) |
| Total delinquency | 0.79% (p63 of band) |
| Net charge-offs (annualized) | 0.47% (p64 of band) |
| Loans / shares | 70% (p51 of band) |
| Cash / assets | 6.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.61% (p90 of band) |
| Operating expense / assets | 4.98% (p87 of band) |
| Vehicles % of loans | 20% (p20 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 37% (p52 of band) |
| Vehicle delinquency | 2.94% (p95 of band) |
| Vehicle NCO | 1.76% (p88 of band) |
| Repossessed % of vehicle book | 0.25% (p88 of band) |
| Real estate % of loans | 48% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 159% |
| Core shares % of member funds | 64% |
| Certificates % of member funds | 20% |
| Average share balance | $6,216 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $6.1M |
| Loans outstanding per 100 members | 47% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $20,305 |
| Loans granted, annualized | $29.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $6.1M outstanding purchased (40.2% of net worth), $0 sold and retained. Sold in 0 and bought in 4 of the last 8 quarters. Shares 0.5% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | repo signal |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | expense trap |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 1 |  | expense trap |
| 2017-12 | 2 | net worth falling |  |
| 2018-03 | 5 | thin capital, expense trap, delinquency rising |  |
| 2018-06 | 4 |  | expense trap |
| 2018-09 | 4 |  |  |
| 2018-12 | 2 |  | net worth falling, delinquency rising |
| 2019-03 | 3 | expense trap |  |
| 2019-06 | 1 |  | thin capital, expense trap |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | delinquency rising |  |
| 2020-03 | 5 | thin capital, net worth falling, expense trap |  |
| 2020-06 | 4 |  | delinquency rising |
| 2020-09 | 5 | margin squeeze |  |
| 2020-12 | 4 |  | expense trap |
| 2021-03 | 7 | expense trap, delinquency 2x band, delinquency rising |  |
| 2021-06 | 2 |  | repo signal, net worth falling, expense trap, delinquency 2x band, delinquency rising |
| 2021-09 | 3 | repo signal |  |
| 2021-12 | 2 | net worth falling | margin squeeze, repo signal |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 1 |  | net worth falling |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 3 | delinquency rising, leaning on borrowings |  |
| 2023-09 | 4 | repo signal |  |
| 2023-12 | 4 |  |  |
| 2024-03 | 3 |  | leaning on borrowings |
| 2024-06 | 2 |  | delinquency rising |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 4 | delinquency rising, assets shrinking |  |
| 2025-06 | 2 |  | delinquency rising, assets shrinking |
| 2025-09 | 5 | net worth falling, delinquency 2x band, delinquency rising |  |
| 2025-12 | 3 |  | net worth falling, delinquency 2x band |
| 2026-03 | 1 |  | repo signal, delinquency rising |

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

- 2026-06-11 [Investing in Community: Building a Stronger Future Together - Bozeman Daily Chronicle](https://news.google.com/rss/articles/CBMi7AFBVV95cUxQZVF5ZjFMU0ZEd2tBWE1LTFM1V1ZXRTlROWp3c0pxeklHNGNpWkg0VGpab0FpTjVjVGYzYjZRSXFOMVlRVmJTbWQ3ckJSc3laUEdvdGVtWmJoRVVCRldGbUVnVmYxTDdyazFfem9EWlFzZ1F0cThScTJKbnVvUzZBTUtOeHpUVzBUNXkwY1FBd1gwZWx2SlR5LXFJS2Zyb0psbEotMlRpM1hCd1lZa09tZVNUTnVMN2RIOHVtdENucmFMRGFXWV91SlJwOHF3YmVCY3BqZEUwWkZ6SUpwaG0wYmZVNWVnMjd1N3ZKRQ?oc=5) · Bozeman Daily Chronicle
- 2026-08-07 [Credit union gets 2 new board members, holds annual meeting, BBQ - The Livingston Enterprise](https://news.google.com/rss/articles/CBMi6gFBVV95cUxOMV9DYmN2R0k5eEhfZWlFcUlvY0pQR2hRLXVFbHZoMWY4a3dsbkI0ckM3NmNDVlhoMVhOYTZTc2hwdmRIdVZtNkZnSDlLbmdOWDZINDhIUmV1Wkhla21hV2dTcUtWb1doTFZmUzJGZWJnalF1UWNLVHRnYnhrMEQ4NjcwNm5hSmloNThPRmZkM2lVa19CMXdpcjVGbWJTbVZYeVh6UEllQWdLWUZlNkdzLU5kdEYxWEJqWEZJUUxlR1NXRVJmSFotd3FobGhaQW00eE56aUVRaW0xY0JBZGlBeUhldFpXSks1a3c?oc=5) · The Livingston Enterprise
- 2026-03-06 [Starch Madness Set to Tipoff on Saturday - Big Sky Conference](https://news.google.com/rss/articles/CBMinwFBVV95cUxNYWVINENzTm0wVHJJTHd2X1dHeHc4YVZDSFNXRUlPckZId3JQaW0zR3h5Y0Q4WmNCUzRXM2N5MXdHLUNIcUNUa1hYUzNHRlFMZFEzY19tenZsZ21kVHlFYjN6NFRxSzZVZDZ5clNibnlGdm51NG9tZVB6TFpaYTBGLTF3dVBhdlk3Ynd2cDZtbnI4dEVqcVduOF9KNkxlV2s?oc=5) · Big Sky Conference
- 2026-05-19 [Buying into Big Sky Country: What out-of-state buyers need to know - Explore Big Sky](https://news.google.com/rss/articles/CBMipAFBVV95cUxNbXE1WG9zNmVUNV9uRElHMy1BQ0NyWGJwdG9CYnVaUWlRSWY1enB1QVRBRmtNOVBob1hhWkZyVWV6bHJpYV94MUNyQmIydGszTHVkR1huVWVuTWtzVWUtdkNRMmNPRTlVTUpHYzM2SzZfdHBFaEk5RnZMRW1XTDBtZmhQLU03YnZfdjJNT2RDdXZQSGdhc3BSWDUwNFVZRGprbGFGOQ?oc=5) · Explore Big Sky
- 2025-12-22 [2026 Starch Madness Tip-Off Times Announced, Four Games Selected for Linear TV - Big Sky Conference](https://news.google.com/rss/articles/CBMizAFBVV95cUxOWGhpeWVCYjhCN1lrRUZYVWtaWVVRdFNMRHVWeUppMWV5RzRrOHlpU3RfSEIzSFVZUUxaTkNEakRmWFVnY01mZWdEVUFSMzU2S0c4UGwwT3FoN2ZFVHE1NEJSRFRpM1VXNE51cFQ4RXdNTkVEZVI4Zy1fbTFYc1NzdGd0VVd3Ry13VmZwcDkyYVFMNEtkSFlJYmZtRTdvNUxVZDVTUlExRHhDVlBseWlodWxDOC1HbjU2UFN6bGZreXF0Uzc4YndPUkRIdnE?oc=5) · Big Sky Conference
- 2025-09-05 [Valley Credit Union welcomes Ben Kuss as Chief Marketing Officer - CUInsight](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPWGFmeW9IcklUNWxYQmZuYWhrMHNNX2h3U0F4TlkxTFhoNG5qSDM1bjd4eTJWMFY4ckNfTmhMT1NwYk5BQmJGanNFakIwOEFwak82Smh6aWFLaG0yMF9PU214ZDlPdmFKX3pDTFNQRE1BQTZUVXNvTXBrcmNLVzJwcEVaZXNVcFFrOEFIcl9wdkhaa2RZWHAzUk9ZN1VoYkYyUDVHeW5ObmY?oc=5) · CUInsight
- 2026-08-18 [The Honor Summit NH Details Plans for the 9/11 Tribute in Lights Atop Mt. Washington - USA Today](https://news.google.com/rss/articles/CBMi0AFBVV95cUxNMllBRjVPR0dlbzVxSWFiSC1IaWVvSzhmd1lvcDVGemo4b3hSbF81WXNDcGdBZHJqQnhqV3FpNEdyS29OVDlVRzlzdC1EOHpTNEI1QXhtMkNZMGlteVVkNzZ0RlA5MUxfT0VVSXBFdU1fQ1BfUUVsUnBXQnpyVXl2cmNpUS12Q1hVYXpGQjB3UEZWMUR1NTN4YjF2YUZGdEYza0hVMTdIOWRzek9INzA4TkhOaTY2LWZEUldvQ3J0U0pEMlpsN1ljRlIzSlBlNnRi?oc=5) · USA Today
- 2025-10-06 [Whitefish Credit Union opens first branch in Missoula - KPAX News](https://news.google.com/rss/articles/CBMif0FVX3lxTE94bTUzU1NSaU9WSm5KRVB5RTU3SDNGUUJsN04xX1Z5WUdLcEIxZGowbU5GdjBQRndBa2ZtZ21KcVBMUzlDd2xUWFB6eEdyT2RTbTJhdE9hZlhETjlZb0YyTVh2cW5mQ0xCdlA4YlkwbkZWVHFtMzkzLURCOGc0NXM?oc=5) · KPAX News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=761 (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/57.json (key "761", 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=761
- 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