# PINAL COUNTY
Casa Grande, AZ · NCUA charter 9099 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/pinal-county-9099

Who the members are: federal charter, multiple common bond, organized 1954, low-income designated. 28,757 members of 462,789 potential (6.2% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 31.

**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 | $341.0M |
| Members | 28,757 (3.6% YoY) |
| Full-time staff | 89 |
| Net worth | $32.4M |
| Net worth ratio | 9.5% (p23 of band) |
| ROA (annualized) | 0.43% (p31 of band) |
| Total delinquency | 0.45% (p36 of band) |
| Net charge-offs (annualized) | 0.73% (p79 of band) |
| Loans / shares | 64% (p30 of band) |
| Cash / assets | 7.9% |
| Borrowings / assets | 16.67% |
| Net interest margin | 3.36% (p37 of band) |
| Operating expense / assets | 4.08% (p67 of band) |
| Vehicles % of loans | 50% (p80 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 79% |
| Third-party paper % of net worth | 235% (p85 of band) |
| Vehicle delinquency | 0.31% (p28 of band) |
| Vehicle NCO | 0.90% (p64 of band) |
| Repossessed % of vehicle book | 0.14% (p78 of band) |
| Real estate % of loans | 22% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 89% |
| Core shares % of member funds | 78% |
| Certificates % of member funds | 13% |
| Average share balance | $5,565 |
| Participations bought / yr | $16.0M |
| Participations sold / yr | $0 |
| Participations outstanding | $23.6M |
| Loans outstanding per 100 members | 31% |
| Loans granted per 100 members, annualized | 32% |
| Average loan balance | $19,147 |
| Loans granted, annualized | $73.9M |

## Participation posture (from the same filings)

Bought $16.0M and sold $0 in the latest annualized quarter; $23.6M outstanding purchased (73.0% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 1.7% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, expense trap, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 4 |  |  |
| 2016-09 | 4 |  |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 5 | delinquency rising |  |
| 2017-06 | 5 |  |  |
| 2017-09 | 4 |  | delinquency rising |
| 2017-12 | 4 |  |  |
| 2018-03 | 4 |  |  |
| 2018-06 | 4 |  |  |
| 2018-09 | 4 |  |  |
| 2018-12 | 4 |  |  |
| 2019-03 | 4 |  |  |
| 2019-06 | 4 |  |  |
| 2019-09 | 4 |  |  |
| 2019-12 | 4 |  |  |
| 2020-03 | 4 |  |  |
| 2020-06 | 5 | net worth falling, margin squeeze | expense trap |
| 2020-09 | 6 | expense trap |  |
| 2020-12 | 6 | members leaving | net worth falling |
| 2021-03 | 6 | capital below 7% | expense trap, members leaving |
| 2021-06 | 5 |  | margin squeeze |
| 2021-09 | 6 | delinquency rising |  |
| 2021-12 | 5 |  | delinquency rising |
| 2022-03 | 6 | margin squeeze |  |
| 2022-06 | 6 | delinquency rising | margin squeeze |
| 2022-09 | 5 |  | delinquency rising |
| 2022-12 | 4 | delinquency rising | capital below 7% |
| 2023-03 | 3 |  | delinquency rising |
| 2023-06 | 3 |  |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 4 | leaning on borrowings |  |
| 2024-03 | 6 | net worth falling, delinquency rising |  |
| 2024-06 | 5 |  | net worth falling |
| 2024-09 | 5 |  |  |
| 2024-12 | 5 | assets shrinking | delinquency rising |
| 2025-03 | 5 | expense trap | leaning on borrowings |
| 2025-06 | 3 | loan book shrinking, leaning on borrowings | thin capital, auto monoline, assets shrinking, expense trap |
| 2025-09 | 3 |  |  |
| 2025-12 | 3 |  |  |
| 2026-03 | 3 | delinquency rising | loan book shrinking |

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

- 2025-09-22 [America First Credit Union to open 8 new Arizona branches - KTAR News 92.3 FM](https://news.google.com/rss/articles/CBMibEFVX3lxTE9GQl82MnN6UjlFWkRta3lmSnB5bWZpY2dzVnpsa0JmbUN4TWJZVDVjLW9oXzhIbGpMNnY1UlRLUFZ0d2tVLUlCaFg3OUx6WVFCZ0ptdWZlMjFPeW9IZC1KTXZObnBtLUVYTlIwOA?oc=5) · KTAR News 92.3 FM
- 2024-12-16 [Pinal County Federal Credit Union Breaks Ground on New San Tan Valley Branch - SanTanValley.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxONnpJeTdVMVVNOUFZa2k4VmZRNFBNYVFYdVVLUFFFaWtoN0F5dEJ4MnQxWkdnRi1DM1NhNWR2dlZwclB0LWc2anVRSUFROEdnMG1Pdnh2WWVUblZ4YVliVTFqTXpFcDhYNHZHeDd1U3dSRE0tNndiYzhISEI4UkRMV1otUUtleTBFTW1oMkx5MW8yQnp6d0pTbHJXMzdLMEpUNnRZYWZDQ1h4bEhteEZ1UEVmV3hSRDlHNzVCckdpVU4ycGZ3Nm41dlMwTFo2bi1FRkNsSGpIcUJtTE0?oc=5) · SanTanValley.com
- 2022-05-02 [Arizona credit union sued for alleged racial profiling of Black man - 12News](https://news.google.com/rss/articles/CBMizAFBVV95cUxOd1JRdXg5WHg5MGtmMENLay1iS3p1dVpKSGh4WHlGOEFRVDc0WGhjTjdOR3M4U3lPMk8wcG9GcTcwSC1reXViZXlhdy1LOTQwY2s1UVBESlpWMFNXRnZWWUFrRElRcjVBUFUtVGt5Y3pSU1VwYzUwZ2M3V2Vvd2hBM3B1RktOTHRuOWZvYmh2ZW1lcEJYWkE0OEFTYW9TYTFILWR6M0xXN1VPTG5wUl9HS3JYejdmbHN6ZVVmeVN2WmhBcFpHaXVkYTZGbWg?oc=5) · 12News
- 2020-11-25 [Pinal Federal Credit Union names new CEO - PinalCentral.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxNM1RfMHFLWmxpMmpETm93ZjNnYzlZbDhwTk50VzQxRU5lbVlJVzBOdExlTDB3NURUdnUtMDVsdlNCMVRPVFAwZEM5Rk9wZWNsamZKd0NmLW91QjN1UXFvUUx3cW9FTkxaMkhpVWh4TzgtUDh4cEtCTWJDVnBuYVVPdk93NVFlYWdvU1RhdzY2WGU5U1ZKM0ttbzZjUGU0dXJybDRCVWRrWHVSOVgzbWVfc3lNaUJua1ZWdzJudVU2aWFsMFVTUU9mZEFLUUNaSWdTSzg4SjIxbGQ4T0U?oc=5) · PinalCentral.com
- 2020-06-05 [AERO Federal Credit Union announces new President/Chief Executive Officer - CUInsight](https://news.google.com/rss/articles/CBMitAFBVV95cUxOUnZaNHFBa3gyb1hPSFcwZ3NKZnJrR1pnSXB5b1VCU0p5X1BWUmpKWmw4dHgtV0dueVFKZjl2MUhmUGloUG5KVWNDdE5Hc2NzRXBHY0hER0J4UzZoT2U1bTVNa1E5UExOYUpabUE1cktVVEViU2dvV1pWN1NnUTdyejNWMDJyeGNYa2NmdEFZSGx0cUFMYURMbXdYQ3B1Z1JDaXVIVkloNnE4Y2pMYkg1eTFBYUU?oc=5) · CUInsight
- 2022-03-11 [A Black man went to cash a check at a bank in Apache Junction. Then the police were called. - 12News](https://news.google.com/rss/articles/CBMiygFBVV95cUxNYldrRUNyWG44dzhFd2JwdFFKSkh2UjhfQ0FVSWVJUmJnTkF2T0JXX0ViR1RKekJwMGkyTFkxb0NfdGhwVlRndUN0ZEJVMjVva3IzU2tIUVFjNE1iS2RuSlpEU3FSWUtiSE1QaFhKb0RqamlETTFWMGFHN3BNYmZZMHlFWExwQjJqdkltN2xsY2JhU0h3c0M0ZGlTN2g1NGhqSjdROUtZTEMwM2VUUzRPTVNoSmxscHVFcE5YS1ZacWZZWFBSejh2SFln?oc=5) · 12News
- 2022-03-14 [Bank calls cops for Black man cashing the check from his boat sale - thegrio.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQQmQxd01WTG5LQndVTV8tTFNkWTVVR0IxNXhHLTZRU1JGSmprcUJ0LXhjZW1UY1ExQ2pSSkg5a1ZzcGlGT0ZtMUs2YUt3S2Z4eENUb1diN18tenkyX1Y1dGpWdGFDUFdLY2N5NWRxdzVrcVVzYkwwajVlS183UWlGNnB6bF9PeHBK?oc=5) · thegrio.com
- 2022-05-12 [3 men used construction equipment to steal ATMs in Mesa, Pinal County, police say - AZ Family](https://news.google.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?oc=5) · AZ Family

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9099 (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/11.json (key "9099", 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=9099
- 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