  We discuss the dimensional reduction of fermionic modes in a recently found
class of consistent truncations of type IIB supergravity compactified on
squashed five-dimensional Sasaki-Einstein manifolds. We derive the lower
dimensional equations of motion and effective action, and comment on the
supersymmetry of the resulting theory, which is consistent with N=4 gauged
supergravity in $d=5$, coupled to two vector multiplets. We compute fermion
masses by linearizing around two $AdS_{5}$ vacua of the theory: one that breaks
N=4 down to N=2 spontaneously, and a second one which preserves no
supersymmetries. The truncations under consideration are noteworthy in that
they retain massive modes which are charged under a U(1) subgroup of the
$R$-symmetry, a feature that makes them interesting for applications to
condensed matter phenomena via gauge/gravity duality. In this light, as an
application of our general results we exhibit the coupling of the fermions to
the type IIB holographic superconductor, and find a consistent further
truncation of the fermion sector that retains a single spin-1/2 mode.
