# BMI
Dublin, OH · NCUA charter 1199 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/bmi-1199

Who the members are: federal charter, community charter, organized 1936. 46,810 members of 2,135,583 potential (2.2% of the field); checking penetration 42% (share draft accounts per 100 members); loans per 100 members 47.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $730.7M |
| Members | 46,810 (1.4% YoY) |
| Full-time staff | 102 |
| Net worth | $74.5M |
| Net worth ratio | 10.2% (p47 of band) |
| ROA (annualized) | 0.62% (p50 of band) |
| Total delinquency | 0.40% (p30 of band) |
| Net charge-offs (annualized) | 0.25% (p28 of band) |
| Loans / shares | 85% (p60 of band) |
| Cash / assets | 11.4% |
| Borrowings / assets | 4.17% |
| Net interest margin | 3.01% (p22 of band) |
| Operating expense / assets | 2.83% (p17 of band) |
| Vehicles % of loans | 32% (p59 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 77% |
| Third-party paper % of net worth | 174% (p68 of band) |
| Vehicle delinquency | 0.31% (p25 of band) |
| Vehicle NCO | 0.71% (p40 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 60% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 32% |
| Certificates % of member funds | 22% |
| Average share balance | $7,239 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 47% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $23,756 |
| Loans granted, annualized | $124.4M |

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | leaning on borrowings |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | net worth falling |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 | 3rd-party paper>100% NW | net worth falling |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 3 | delinquency rising |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 2 |  | delinquency rising |
| 2019-03 | 4 | net worth falling, delinquency rising |  |
| 2019-06 | 2 |  | net worth falling, delinquency rising |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | net worth falling |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 1 |  | 3rd-party paper>100% NW |
| 2021-03 | 3 | thin capital, net worth falling |  |
| 2021-06 | 1 |  | thin capital, net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 4 | thin capital, net worth falling, 3rd-party paper>100% NW |  |
| 2022-03 | 3 |  | net worth falling |
| 2022-06 | 2 |  | thin capital |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 4 | delinquency rising, loans>95% of shares |  |
| 2023-12 | 5 | thin capital, net worth falling | loans>95% of shares |
| 2024-03 | 3 |  | thin capital, net worth falling |
| 2024-06 | 3 |  |  |
| 2024-09 | 2 |  | delinquency rising |
| 2024-12 | 2 |  |  |
| 2025-03 | 3 | delinquency rising |  |
| 2025-06 | 1 |  | leaning on borrowings, delinquency rising |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2026-05-14 [Best Employers in Ohio 2020: BMI Federal Credit Union - Crain's Cleveland](https://news.google.com/rss/articles/CBMiwAFBVV95cUxOUjdubW96enA5aG5jSnplTDRVRGQ3UHRwQ0VrVlhjMXBtOXNtVUFyczZhbkZjMEtaSTVNcUpxcmNxSGQ0b3BtdVoxb2hRaE95ckNFTnYxenQyTS1hRDhVc1VqVTFNVFNZS2pFQURKZEpGeDdPQWZRaGVlZWN6XzZqVWNZV2F6RDNKQXFEWkpCQWxEM1JaaW1IUmRRVFRpWTlhdFE2UHhUbXhHY1o4dzZFdnd0b3NyRE90SFFsZTllb1A?oc=5) · Crain's Cleveland
- 2025-01-06 [BMI Federal Credit Union voted #1 best credit union for the seventh year in a row - CUInsight](https://news.google.com/rss/articles/CBMivgFBVV95cUxQNUFoN0tLR3ZrNVVCbWVQeWE2YWx4bVRxRmxLY3NscWZJTjNzZjRCVGx5Rk0tVFJva2RDWjJwUWFtUHZmVDlFczVteEhoSVZGbGxkMDNaX25BanpMUGg3VDBiS2JWLXNwaTNRaXNQSkI0OUpKOUF4aFlXOVQzUTFPYzF0MXY5YXlQVmV3YVpPaXFwTnlCRkVMa1Nocmc2U1FxVkNlWTUzQWdMdFJDMkpkSEJCV0RQWkdub3NSY3dn?oc=5) · CUInsight
- 2023-09-01 [Best Credit Unions to Work For with $500M to $1B of assets - American Banker](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOSHAzODNGVlpiMTJLdmE4d3JvbjgzVWdNeDJ2OUZDR1NibVA0aVR5YlNPSGZ2aWcwcVFORUs4UHcyQjZnQmx3bk5vWE1UYkxYd1Q2SUhqZkxhX09ZRHIyTUJqNzN6dWZtLTdPUm1pWUVCV3BBajhPcmFsRXpZcWltdUdGYmU2eFlMY0NZOThrMDJUYW9abWRTZmtEM2FucmowVThJUFdJUXQ?oc=5) · American Banker
- 2023-08-04 [Top of the List: Fastest-growing Central Ohio credit unions - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxNbVZFanVUUU12bnlES0lrMGNfQmI4dWN3UkQyczZFS1lVOGIwZkJTbGpYR2FIYWNNOXhWSVRUS3M0TFgwc2FyTzN2cS12VnZYNW1ncHVfM1N3U2twWUt5WjJuNy1QcG54SGVUdzhTLVh1UkY1RHY5M0R0UXVTc3ZZM0w3UTFqZTNmS1BSQUlQcTlwTlQtbXFZTUh3SS13eVZpd1JYdlFB?oc=5) · The Business Journals
- 2022-12-07 [Trends spell trouble for child care industry - 10TV](https://news.google.com/rss/articles/CBMivgFBVV95cUxOX3NBMWtpQ2Z0cWhrSmhxS3ZWeUNRa3ZjcDFaTDV5YU9nQXZ5UkV0ZmJ6S0IxREdseHZlVndTd0N4Wjh1TGdoRjYxVnRiMWEtVGUyMkl6TGVqTURfbUZ0d2k3R2dVZGtFYkN6MXJkVEFIakE4a1FWU3VMWERSVk5FQlo1Mk00QU82b0xIN2JYYktIN25MY1BRMUl3YmhoNEdnMzRQRmRvaXEyRnNaVTJEQzdrV25BWnJpTEZBNm9B?oc=5) · 10TV
- 2023-08-27 [Best Credit Unions to Work For 2023, ranked 36-70 - American Banker](https://news.google.com/rss/articles/CBMikgFBVV95cUxNOUVQWUxTdGQ0bmdxdE9DUGRNSTFuRW13TW5hSlg3TzBsU3FsYjBVVlEyNmV4dFlFZnRoVXJIcjZ0dnc5ak5hTWZNQ3JfQlpWVnBpc0ZjT0FjMHp4NENpM2VjM0NQMEhqeHJVbFUxQUMxMDBIc0Jvbk1XVkozcDdvWjVGMW1NLWNRWVVQYnNGeV9TUQ?oc=5) · American Banker
- 2025-04-21 [Carole F Goodfleisch Obituary Apr 21, 2025 - Oliver-Cheek Funeral Home](https://news.google.com/rss/articles/CBMid0FVX3lxTFAzY1dCalN0cTBVZzlGb3E1OWVFYWFwVWF5VWI2MldNTGdCeDFLbHN4dGw2c3E2dXFUTl9MMkpqNTFNbENBdWtzRE9kYUFXcFk2NjZTOVNjS1RfZnZ6QkZKMlRTMjFsaFFTdXV1dkI0OTA1R1F4T2hJ?oc=5) · Oliver-Cheek Funeral Home
- 2024-07-17 [Marion L. Chunn Obituary - thechapelofpeace.com](https://news.google.com/rss/articles/CBMiakFVX3lxTE1GbFY2MURBamlQMGhxaWJMY3BNd0VXNVpiZXhKWmY1bG1qNEg1VjdBcFdNeE5vdElYZV9NZE9tazBwU255TEQ2SFlyb2M3WkJVRy1nY09NWkVxcF80OHAtRHRNelZKQ01kTmc?oc=5) · thechapelofpeace.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1199 (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 "1199", 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=1199
- 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