# MONARCH
MIAMISBURG, OH · NCUA charter 1489 · asset band <$50M · latest filing 2019-09 · stopped filing after 2019-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/monarch-1489

Who the members are: federal charter, multiple common bond, organized 1936. 1,051 members of 6,000 potential (17.5% of the field); checking penetration 36% (share draft accounts per 100 members); loans per 100 members 64.

**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 | $9.8M |
| Members | 1,051 (1.4% YoY) |
| Full-time staff | 3 |
| Net worth | $1.0M |
| Net worth ratio | 10.5% (p27 of band) |
| ROA (annualized) | -14.66% (p0 of band) |
| Total delinquency | 1.59% (p71 of band) |
| Net charge-offs (annualized) | 0.82% (p81 of band) |
| Loans / shares | 59% (p46 of band) |
| Cash / assets | 12.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | -9.43% (p0 of band) |
| Operating expense / assets | 5.40% (p87 of band) |
| Vehicles % of loans | 66% (p66 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 1.65% (p77 of band) |
| Vehicle NCO | 0.54% (p76 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 18% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 85% |
| Certificates % of member funds | 5% |
| Average share balance | $4,229 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 64% |
| Loans granted per 100 members, annualized | 71% |
| Average loan balance | $7,622 |
| Loans granted, annualized | $1.7M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | losing money |
| 2017-03 | 2 | losing money, assets shrinking |  |
| 2017-06 | 3 | net worth falling, auto monoline | losing money |
| 2017-09 | 2 |  | assets shrinking |
| 2017-12 | 1 |  | net worth falling |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | delinquency rising |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 5 | losing money, margin squeeze, delinquency 2x band |  |

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

- 2026-02-12 [Betty J. Slusser Obituary Apr 18, 2019 - Arnold Funeral Homes](https://news.google.com/rss/articles/CBMiakFVX3lxTE8tYWY2MXdUaVFPVTJTUDVSVFdPRmxQQk0xQmsyd0FfUHg3S0YxOVNORzJpMm5sbzlfSGtNQW1KY1ZJV3FpS2VEcUg3SEI3bjdKaWRXWFNURGZsNTdRU2pZOTk0NGl2TzQ5Qmc?oc=5) · Arnold Funeral Homes
- 2020-08-26 [Ohio credit unions with firefighter roots merge - American Banker](https://news.google.com/rss/articles/CBMinAFBVV95cUxQcndCQVd0QUhJTnBxTzV3NE9BeFl6eGNkeVNOY2k5MjFYcURIczVSZ29YdnRwc29nVDl0SEEwd2ttSGFWWTRDM20wbnhPLWVmZDRaeXp6ZjNfRjdWX1pyNkZnMjFqZTUyandqYkxvbnctTDBrTDBtUFR5a0VyT09pYTBYY1FIM2xnX185cHItc0hMUU83RDFiNkVNQ0w?oc=5) · American Banker
- 2019-10-15 [Two Dayton-area credit unions merge - The Business Journals](https://news.google.com/rss/articles/CBMilgFBVV95cUxOS0JMbHNCRkU2eFBMRmJvWUhkZktlNzJaRWlRM1A1VTRWNnNVMUUzazFFc3A0UW9JRjh6UFIxUExoNUVJRmxMLWRqa2s0ZmRQUEp4RVgtS0toSnhjc3JVb2s0cEhtTnRtRlo4d2NxU3ZQek5COUJSQVUxa1A1Q3lwX3NDaS0ydXQ5ZXZUVUprdm9QbENBY3c?oc=5) · The Business Journals
- 2023-05-24 [Caleb A. Mann Obituary Feb 18, 2014 - tolandherzig.com](https://news.google.com/rss/articles/CBMiYkFVX3lxTE44eWFVVTFNUDlmT2VyZEFyNUtvUWx5MTI3RFIxOGEyMWhxNVRHOW5wREpoUHF5WkdZTzdnLUFleVpqbV9ISWg2R0o3Nzc4amFZQWl3UTNzMmw3Tld0NEgwRUZB?oc=5) · tolandherzig.com
- 2021-12-02 [Monarch Decking 20-Year Warranty Class Action Settlement - Top Class Actions](https://news.google.com/rss/articles/CBMiwgFBVV95cUxObDFMWUV3elNCRjNrV0hpRGxpYlhfWFRkNUtBS01XbmNyaFJhcE5IQVJSelZ0ZHpfQnl5SXFHVjZoS0VlWndxZkt0OUtnWlhFNXVpMFZsbWJaQzc4NFlhRXdaTTF4VXBtTTJFZ2JwYUstQmlIbmRWNmY5dy1kTlRLOF9HNzJxSzN2NHE4cjY4X2I0d0lvVGlTUlVGb21qbU9zZzZydnJ4aVlpQmVSM0ZPeEtnaWJNczZWdklhMGRFV3dZZw?oc=5) · Top Class Actions
- 2021-12-21 [James Carberry Obituary - Franklin, OH - Dignity Memorial](https://news.google.com/rss/articles/CBMihAFBVV95cUxOTVUxUHFLdWpyNGo0Nm1rX3cyb3BzeDFvczZNVTJ6Wkl3UmlsNkNHaFVyUFNtbk1ud2dkRDh3NTItbXcyZ1NseEg3bFZTeXdOaDJzOGdjcU51UVJFQVFGVkJaMHRWNmhXRElwUjFpalNfRnExQjJNQlVxNVFpWDk3ekoyQlM?oc=5) · Dignity Memorial
- 2009-02-03 [Diamond in the Rough Gala brings special sparkle to Monarch School - San Diego Union-Tribune](https://news.google.com/rss/articles/CBMitgFBVV95cUxPNGVZUXR5OFMzaXc0TGtiRGt3dWJlUTRKazhRZFh0TDRlbjdUd2dMbWFmcmpfQjBBUS16blQ5UF95WHYxNlN3S01SWm1rYzVJVkdJcXh6S2NVWUVFeVl4dVNoN2NHUnZfQ2RqSW1jMXR1clNqd2l3eC1kbEZ5NnpQTkZvZFhNa2NRbzYwNlNaNXN4bGhLRTMwWmNWcXRHZ1BJYnA2bjNPaDRCbk9zaUYxdHdIbTBhZw?oc=5) · San Diego Union-Tribune
- 2012-06-20 [Bryan L. Reichman, Jr. Obituary Jun 20, 2012 - tolandherzig.com](https://news.google.com/rss/articles/CBMia0FVX3lxTE05WXktRl9rci1KY2tvUHBrWWZMRHl5WHZWVGdkd0VlOER2OWZpYjdXNV9IMVZLanJuSE9kd3JYblRJaW51VFVnbHN4Y2xLT2ZvVFhodVg3MmRoUklySnN4ZG03cVlnbUFIWjhJ?oc=5) · tolandherzig.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1489 (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/17.json (key "1489", 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=1489
- 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