San Francisco Federal Credit Union
San Francisco, CA·Charter 24542·cu:24542·Credit union RBC / net worth
- #44 of 239Total assets in California
- Top 7%Total assets in the U.S.
- 52.1Kmembers
- Top 1%Loan growth in the U.S.
- Top 3%Loan quality vs. peers
- Top 3%Business loan growth in the U.S.
Performance over time
7 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
Credit union · Shares of reported gross loans. Missing components are not treated as zero.
What stands out at San Francisco Federal Credit Union
9 of 23 FORFI signals stand out against 309 similar credit unions, based on NCUA data for the quarter.
Funding pressure buildingWorth a look: Funding FORFI signal 2nd quarter1.49%peers 1.67%-18 bps
San Francisco Federal Credit Union's cost of shares and deposits has not eased the way it has at similar credit unions, while borrowed funding increased.
| This institution | Peer median | Difference |
|---|---|---|
| Cost of all shares and deposits | ||
| 1.49% | 1.67% | -18 bps |
| Borrowings as a share of assets | ||
| 15.3% | 1.6% | +13.8 pp |
With internal data, FORFI would look at: Which depositors repriced or moved balances, which relationships are at risk of migrating, and where exception pricing is concentrated.
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 309 credit unions with $1 billion to $3 billion in assets that filed NCUA data for the same quarter. San Francisco Federal Credit Union itself is left out of every peer median and percentile. How signals work
Margin squeezed by funding costsWorth a look: Earnings FORFI signal3.09%peers 3.54%-45 bps
San Francisco Federal Credit Union's net interest margin lagged similar credit unions as its cost of shares and deposits failed to fall as quickly.
| This institution | Peer median | Difference |
|---|---|---|
| Net interest margin on average assets | ||
| 3.09% | 3.54% | -45 bps |
| Cost of all shares and deposits | ||
| 1.49% | 1.67% | -18 bps |
With internal data, FORFI would look at: Which relationships and products carry the rates behind the gap, and where pricing has drifted.
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 309 credit unions with $1 billion to $3 billion in assets that filed NCUA data for the same quarter. San Francisco Federal Credit Union itself is left out of every peer median and percentile. How signals work
Net worth ratio rising faster than peersStrength: Capital13.63%peers 10.91%+2.7 pp
San Francisco Federal Credit Union's net worth ratio rose 2.3 percentage points over the past year to 13.63%. Among 307 similar credit unions, the median rose 0.3 percentage points.
| This institution | Peer median | Difference |
|---|---|---|
| Net worth ratio | ||
| 13.63% | 10.91% | +2.7 pp |
| 12-month change | ||
| +2.3 pp | +0.3 pp | +2.1 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 309 credit unions with $1 billion to $3 billion in assets that filed NCUA data for the same quarter. San Francisco Federal Credit Union itself is left out of every peer median and percentile. How signals work
Loans growing faster than peersStrength: Lending 2nd quarter+33.2%peers +5.8%+27.4 pp
San Francisco Federal Credit Union's loans grew 33.2% over the past year to $827 million. The median among 307 similar credit unions was +5.8%.
| This institution | Peer median | Difference |
|---|---|---|
| Loans, 12-month growth | ||
| +33.2% | +5.8% | +27.4 pp |
| Loans | ||
| $827 million | ||
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 309 credit unions with $1 billion to $3 billion in assets that filed NCUA data for the same quarter. San Francisco Federal Credit Union itself is left out of every peer median and percentile. How signals work
5 more observations
- Share and deposit costs rising while the peer median fallsFunding
- Borrowed funding rising while the peer median fallsFunding
- Net interest margin narrowing while the peer median widensEarnings
- Commercial lending growing with steady creditLending
- Member business lending growing faster than peersLending
Key facts
- San Francisco Federal Credit Union is a federally chartered credit union headquartered in San Francisco, California. It reported $1.6 billion in total assets for the quarter ended June 30, 2026.
- Shares and deposits totaled $1.2 billion, up 7.4% from a year earlier, and loans totaled $827 million, up 33.2%.
- Its net interest margin on average assets was 3.09% and its annualized return on assets was 1.54% for the quarter.
- Its cost of all shares and deposits was 1.49%, compared with a median of 1.67% among 309 similar credit unions with $1 billion to $3 billion in assets.
- It served 52,101 members, up 1.4% from a year earlier.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With San Francisco Federal Credit Union's own data, FORFI would look at: Which depositors repriced or moved balances, which relationships are at risk of migrating, and where exception pricing is concentrated.
Analysis workspaces
Sources and identifiers
- Institution
- San Francisco Federal Credit Union · Credit union
- NCUA charter
- 24542
- Reporting period
- Peer group
- 309 credit unions with $1 billion to $3 billion in assets that filed NCUA data for the same quarter. San Francisco Federal Credit Union itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
NCUA · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation |
|---|---|
| $6.18M | |
| $18.96M | |
| $6.58M | |
| $12.38M | |
| $4.6M | |
| $10.85M | |
| -$40K | |
| -$40K | |
| 1.54% | |
| 3.09% | |
| 63.86% |
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-16T13:43:41.229347+00:00. Separate reference provenance is included in the export.