# MEMBERS CHOICE
Bloomington, IN · NCUA charter 12680 · asset band <$50M · latest filing 2021-03 · stopped filing after 2021-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/members-choice-12680

Who the members are: federal charter, community charter, organized 1958, low-income designated. 2,231 members of 125,000 potential (1.8% of the field); checking penetration 42% (share draft accounts per 100 members); loans per 100 members 48.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $17.2M |
| Members | 2,231 (-2.3% YoY) |
| Full-time staff | 7 |
| Net worth | $1.3M |
| Net worth ratio | 7.4% (p11 of band) |
| ROA (annualized) | 0.25% (p57 of band) |
| Total delinquency | 1.24% (p74 of band) |
| Net charge-offs (annualized) | 0.72% (p87 of band) |
| Loans / shares | 63% (p73 of band) |
| Cash / assets | 34.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.98% (p70 of band) |
| Operating expense / assets | 3.96% (p78 of band) |
| Vehicles % of loans | 71% (p71 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 75% |
| Third-party paper % of net worth | 420% (p100 of band) |
| Vehicle delinquency | 1.15% (p77 of band) |
| Vehicle NCO | 0.00% (p38 of band) |
| Repossessed % of vehicle book | 0.14% (p95 of band) |
| Real estate % of loans | 16% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 74% |
| Certificates % of member funds | 3% |
| Average share balance | $4,428 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 48% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $9,286 |
| Loans granted, annualized | $3.5M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 2 | losing money |  |
| 2016-09 | 4 | delinquency 2x band, 3rd-party paper>100% NW |  |
| 2016-12 | 3 |  | delinquency 2x band |
| 2017-03 | 3 | members leaving | losing money |
| 2017-06 | 3 | net worth falling | members leaving |
| 2017-09 | 4 | losing money |  |
| 2017-12 | 3 |  | net worth falling |
| 2018-03 | 3 | delinquency rising | losing money |
| 2018-06 | 6 | delinquency 2x band, assets shrinking, auto monoline |  |
| 2018-09 | 5 |  | delinquency 2x band |
| 2018-12 | 4 |  | assets shrinking |
| 2019-03 | 5 | assets shrinking, members leaving | delinquency rising |
| 2019-06 | 5 | repo signal | thin capital |
| 2019-09 | 5 |  |  |
| 2019-12 | 6 | thin capital |  |
| 2020-03 | 5 | net worth falling | assets shrinking, members leaving |
| 2020-06 | 4 |  | repo signal |
| 2020-09 | 5 | margin squeeze, delinquency 2x band | net worth falling |
| 2020-12 | 5 |  |  |
| 2021-03 | 6 | delinquency rising |  |

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

- 2025-11-05 [THE SCOOP: Burlington celebrates grand opening, Members Choice Credit Union opens location in Lake Jackson - thefacts.com](https://news.google.com/rss/articles/CBMimwJBVV95cUxQT2Qzblg1OV85b1RVeXhDTjFkd1RuWDdmWkhTajdaaURIR3F2ZVZkc0g3T1VkaWY5X0R3NmkxRzRGZGxTSmR6ZFdzZ2VPUjB3SVNLVy1KeVdqbEctZFJfNXFkcC1NUjdiaEJsR1dtaWZNU1M2T2lMdWRhbm9QZnIzcUdRX0MyQkNBRHRNM2MxUFRmREFzTXR0b0ZiWUpxaG5xclliZVBxQXpCMzU1T2dvcUZ6RDhReDhpaVU3MzdlamxaLTBMdDVNcXJVX3lQck1BQklUTVpkRlB2U0dFSDdVeGIxSEg5WkJMSExoOW5vbWhZMFB4dzZoTXZMcUZIeDJpZ1UxYW5pWmViMmJ2aXl5YktyVHdvakQyd1pB?oc=5) · thefacts.com
- 2023-01-10 [Members Choice Credit Union in Houston names new CEO - American Banker](https://news.google.com/rss/articles/CBMiowFBVV95cUxNVnk1UTlncGtlbG40YkpjS0VzellxdnJScllVeHQ3Z2NhejNGVmVVRnIwS05tXy0tWnp4QlR3RFc5UDhVVUw5WEtUX0tYNUtET25LNUpvc3NPN2FWSmRaSFY4a0JqV1ZoN0FPOHgzS0RKUFZRNGpyZTZoY2Q4Qm5kZFRxNEVaOGFqSXRDOVZRZ25FS3E4b1RxX3QwZGtYbThRVzFB?oc=5) · American Banker
- 2025-10-06 [2025 CU Times Luminaries Finalists: Rising Star – Credit Union - CUTimes](https://news.google.com/rss/articles/CBMinAFBVV95cUxPRWhHQzQ4NE1LNGt5bWhMVXhTcGNhcTQtR2lSRk94RFhvT01vRWlkSXd2UUtoQjc3eTBuWHpBaUd0bGZyTE83TTR0YjI4MjkwckF4R0VzSmNWdm84d1kybGNuYVJrUHVJdzRyNlVwSFp0YmdBeGowUE8zYmF1Wk1vQUlKZGVlWG8zbTRCb0I5c3VaQUstM0EwcmhQWXk?oc=5) · CUTimes
- 2023-01-19 [Members Choice Credit Union names Bonnie Tucker as first COO - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxPTXdzazBfc3AxcU1HZTZPNHNfYmtpZGJLWmNZSGlBQnlYTHNwTDhiV1F5bE5RX0dza3pKTTM1c2V6NDR4NmZRSUh1cER6VXZaNTlaVzFrVzNtVXVnVV94SzNhREdBR3l1UHI0dG1DdUFMb2lPZHNxOUszWjF1ejV6OUpFSF9XbEEzdGZwVnJSeTFTbU5tRkJZZmUwakllcFVsVHNJbQ?oc=5) · The Business Journals
- 2023-12-18 [Members Choice Credit Union and Santa’s Sleigh - Katy Times](https://news.google.com/rss/articles/CBMiiAFBVV95cUxOWHlrMS1haHRTQktSczV1TGVwTmtLMFBKaUV5VzU0a1JUY3c5dTRiX1BvV0s2VWNTUGNSNjlWY0FiaUhUNjRBVWpheUNqUGRuUjlxSXdleldyVlBxVkNIdVhmS1RCWXVic2I3cVk1cGhuNGRuWk0wN1h3NEVVQ3pudVlKN0ZJYk5t?oc=5) · Katy Times
- 2022-10-06 [Deborde named president/CEO of Members Choice Credit Union - The Lane Report](https://news.google.com/rss/articles/CBMiowFBVV95cUxNUlllWVp2bERQMm0xNnRDUERldzE3alh2clRyem9rVlRkRjJfZWx5THJpLVBlN0kyLWdEbDRSR0JOSWt6aHo1cjNaYl91Q1ZvakRFMUVYQS1IZFlIY18wZmJ0c1RpazdPXzZBT2pPblotbHMxRXhHbGJKYVBNYXROekdSVmFpaDhiSXN2YUtCMGJqeHZLeTM3S3htRkNqdndiWTdr?oc=5) · The Lane Report
- 2023-09-13 [Members Choice Credit Union holding open interviews - Carter County Times](https://news.google.com/rss/articles/CBMitwFBVV95cUxNQkxVcWlSV0NsMUx5SWh6cVhyQnNkNjF1eFo5MFJFN3VPamtxeWR1Z3ZUS3c3WEhIVlR4cDVCbUIxMWNUcDJkSklXWFVNZUppRFluTC1rOENTZ1RnQ19sVUhwZGNNMGNNMkw5XzQ3cG5CZDNtQUUyaHVoODlDYk1QT1dFYmFrNjBjVUJIVHZHdFM2Y29CcDFSX2RjcnBzbGUzZ0xvaU85WDZmWjZLeUw0U21nNHVSMmc?oc=5) · Carter County Times
- 2022-10-19 [CEO's son taking over at Members Choice Credit Union in Kentucky - American Banker](https://news.google.com/rss/articles/CBMisgFBVV95cUxQb2FtMDB0N0hyR3M5WEV5clYwNkM4eWd3U0hYaWk2UFNPcThZSVhFdnNmS1p3aUwtb094WGFMenNyd1VHSzVPRUgzWlcyeVQ2QUUtb3ZHcE5nU0FFeC1FUkVwd3phWFlURzUtUGprRUVCajdPNjZUdkNhV3JLMlNIUVNPVjNGQk1neXlGaVFBODUzajZaWW83T2UyUjNiZjJqZDZFTmhDcUZrUklsTy13amJ3?oc=5) · American Banker

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=12680 (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/8.json (key "12680", 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=12680
- 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