# MONTEREY
MONTEREY, CA · NCUA charter 97071 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/monterey-97071

Who the members are: state charter, organized 1968. 21,026 members of 2,327,042 potential (0.9% of the field); checking penetration 2% (share draft accounts per 100 members); loans per 100 members 43.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $357.0M |
| Members | 21,026 (10.2% YoY) |
| Full-time staff | 69 |
| Net worth | $31.1M |
| Net worth ratio | 8.7% (p10 of band) |
| ROA (annualized) | -0.92% (p1 of band) |
| Total delinquency | 0.99% (p79 of band) |
| Net charge-offs (annualized) | 0.63% (p73 of band) |
| Loans / shares | 81% (p68 of band) |
| Cash / assets | 2.2% |
| Borrowings / assets | 3.36% |
| Net interest margin | 3.32% (p34 of band) |
| Operating expense / assets | 4.63% (p87 of band) |
| Vehicles % of loans | 50% (p81 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 63% |
| Third-party paper % of net worth | 262% (p89 of band) |
| Vehicle delinquency | 0.78% (p65 of band) |
| Vehicle NCO | 1.13% (p75 of band) |
| Repossessed % of vehicle book | 0.36% (p92 of band) |
| Real estate % of loans | 44% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 54% |
| Certificates % of member funds | 27% |
| Average share balance | $13,387 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 43% |
| Loans granted per 100 members, annualized | 18% |
| Average loan balance | $28,662 |
| Loans granted, annualized | $102.4M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | repo signal, auto monoline |  |
| 2016-06 | 3 | charge-offs p90 |  |
| 2016-09 | 1 |  | repo signal, charge-offs p90 |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 3 | delinquency rising, repo signal |  |
| 2017-12 | 2 | charge-offs p90 | delinquency rising, repo signal |
| 2018-03 | 1 |  | charge-offs p90 |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | repo signal |  |
| 2019-03 | 2 | net worth falling | repo signal |
| 2019-06 | 2 | charge-offs p90 | net worth falling |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | net worth falling |  |
| 2020-03 | 2 |  | charge-offs p90 |
| 2020-06 | 3 | margin squeeze |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 2 |  | net worth falling |
| 2021-03 | 3 | delinquency 2x band |  |
| 2021-06 | 3 | delinquency rising | margin squeeze |
| 2021-09 | 2 |  | auto monoline |
| 2021-12 | 2 | net worth falling | delinquency rising |
| 2022-03 | 1 |  | net worth falling |
| 2022-06 | 0 |  | delinquency 2x band |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 1 | leaning on borrowings |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 3 | delinquency rising, members leaving, 3rd-party paper>100% NW | leaning on borrowings |
| 2024-03 | 8 | net worth falling, losing money, expense trap, delinquency 2x band, repo signal |  |
| 2024-06 | 6 |  | members leaving, delinquency 2x band |
| 2024-09 | 4 | margin squeeze | delinquency rising, expense trap, repo signal |
| 2024-12 | 4 | expense trap, repo signal | net worth falling, margin squeeze |
| 2025-03 | 3 |  | repo signal |
| 2025-06 | 5 | net worth falling, leaning on borrowings |  |
| 2025-09 | 3 |  | expense trap, leaning on borrowings |
| 2025-12 | 4 | delinquency rising |  |
| 2026-03 | 5 | thin capital |  |

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

- 2026-07-21 [Eltropy Leadership Summit 2026: Human x AI Strategy for Credit Unions and Community Banks - FF News](https://news.google.com/rss/articles/CBMisgFBVV95cUxOMXVraXoxbEtXa21LLWk4VFNTVjB0blo0eDhEdm9FVjNNTU1IWnZuQW5hYVlRaEZaLVpJYmhib0l4WlJKd2RqZWRRaHFJamJlcFdVenRQdEFzS184bjF5WmJiaTFwLWEtaDBMVUI4b2hiRGdHejliQlJNekZZbmxoZkZyYXdaWmhqNWx3MTdjTW1TdjZJdVRYc0V5WXUzVmMza0lpUWtzTERCbUxXa25KcnNn?oc=5) · FF News
- 2026-04-02 [Monterey Bay Football Club, Bay Federal Credit Union announce new partnership - The King City Rustler](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPZ2dFbTRVdEtrN2FqYjVHT0lCTTh5MElVTXByWURsaXZPRjNicV8wVlVEaU9nWnlJZ0Q2YVowQjNEeE10dUdRc0ZiTkpwTTR4YnJkOWFhWl9WR0dTSWVod0MxMlByc3FtUVE1NXNZT2hGZHZ2WGdkZjdjaUxMSHV3enJvZVRtbHRPbm5xQ2pnM2tkQVlwTlVBT2JJQUROSFFiaHFFZS1obVc?oc=5) · The King City Rustler
- 2026-07-20 [Eltropy Leadership Summit 2026 Brings 90+ Credit Union and Community Bank Executives to Monterey Bay for Human x AI Agenda - citybiz.co](https://news.google.com/rss/articles/CBMi8gFBVV95cUxPTnoyQ1dOREF6X1d0bE5GTUZ4VXQwV3pYNkN6THB6TEJodG51V0dkUnkzZEdMSGdHUTJJS0JDWE5iRlFQWUJmbE9CTk5KNWJhZzByV0NGb3NsdlZFcmRXNGpoUTVnZks1T2FpWjdsbllxamtqMGF0WktGMkxTVnRrdmMyTDdyeW04NWE2aktZOFdhaUpORmtnQjBrcFB3WjF3b2tQMjVSd0tOWVAwZGRmdWdLdWtpTFpqdG5mNFJPRHhUbFlQNmNIdFY5VEFrVnVNZ0NMMHl1X3dleUZxVkN0RngyOEZLNDItSWNVbThzTTJuUQ?oc=5) · citybiz.co
- 2025-10-09 [Best Bank (2025) - Monterey County Weekly](https://news.google.com/rss/articles/CBMiygFBVV95cUxNY1FtbTRqRW1ESHNYUXpaUkpoT243bDlLb2xCVUxlbGxzRWJ2cFAzeHVpMlBVMXV2Mk1fOFo1a0JlbDRuR0JzN0JsS25BZTYteF9MWUd4QWpJT2JxcTFLRXUyWUlTS2VyVkdPUlRXS3lxSXRIUU5qNmprTEhSLTRxODVGeGw3bnh6MVJTWWw5ekMxV3A1NnFLamhvMXBLRnNoMV9XdEd4MlQ4bnY2Zi04VjVWYnJfOGlKZzdqVE8zSUludGtSSl9mQnFR?oc=5) · Monterey County Weekly
- 2026-08-02 [Alan Cleaves Obituary - Monterey, CA (1946-2026) - Monterey Herald](https://news.google.com/rss/articles/CBMidkFVX3lxTFBHUFI1SncyZWoyY3NaZ01vZ1VYZm5kSHFuTGtOMHhJZzQ1dkRBZ3lYSzJJRjJqSkN0TVVFVmZnMlE1dk43aVJFbmtTSkVsc2FxZXlZOFBEeU1Dd1FELXV2UjhtcDBSaHZMYWxkZnFNNm0tVjhtX0E?oc=5) · Monterey Herald
- 2026-01-22 [EDGAR CHRISTOPHER GAUDOIN Obituary - Pacific Grove, CA (1926-2026) - Monterey Herald](https://news.google.com/rss/articles/CBMijgFBVV95cUxPMEZRMmlMWjczVy16TEdyYmZEVXNhV0dvc3d0dGZSTVNpeVUyaTBEc0c1UWVLcGJVM2ZLS0FTNmM3WTcwbExKdHBadHI1RlJacjVCRlFfdy1EUlpHNXJWV25oTUdHT0FiYjlzYUF2ODh1cGl0b21sMnBfSFVYdVcwUVFueUhWQkdTeUEwaGNn?oc=5) · Monterey Herald
- 2020-08-15 [In the pandemic slowdown, Monterey Credit Union closes three branches permanently. - Monterey County Weekly](https://news.google.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?oc=5) · Monterey County Weekly
- 2023-08-22 [Wescom Credit Union and Central Coast Federal Credit Union Announce Plans to Merge in 2024 - Business Wire](https://news.google.com/rss/articles/CBMi4AFBVV95cUxPX3VmdDFxamZ0QTN6d0ROQzNTdDdTZTVXc1hpcDVzY3Fsd0RKclpWc2QwVHhiQ29sMmJZUGl5Y0ZMMkJDZjVldGxMcnV1dXJJczdkVU8zQWhWT3U2ejgycnl2QllhQjVRdGI0ZjhnZ3pGNWFkWm5nWnNscnBwN2JVWjhOd0xmYjFOM0hMeS15S3pHRjNyXzBLU19KMi1QN013bFNKSDNXWl96ZWhqSjFyTTl5RThmNEtEVTBvbkI4bGJfNDk1dGpEbG9OaUgxX2dvWHZjNVRrM3BBSERZU3ZwLQ?oc=5) · Business Wire

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=97071 (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/47.json (key "97071", 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=97071
- 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