# NORTH MEMORIAL
ROBBINSDALE, MN · NCUA charter 16248 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/north-memorial-16248

Who the members are: federal charter, multiple common bond, organized 1964. 4,527 members of 25,000 potential (18.1% of the field); checking penetration 47% (share draft accounts per 100 members); loans per 100 members 49.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $50.9M |
| Members | 4,527 (0.9% YoY) |
| Full-time staff | 12 |
| Net worth | $5.9M |
| Net worth ratio | 11.6% (p36 of band) |
| ROA (annualized) | 1.04% (p68 of band) |
| Total delinquency | 0.67% (p53 of band) |
| Net charge-offs (annualized) | -0.01% (p12 of band) |
| Loans / shares | 67% (p60 of band) |
| Cash / assets | 31.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.72% (p92 of band) |
| Operating expense / assets | 4.42% (p77 of band) |
| Vehicles % of loans | 34% (p36 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.73% (p60 of band) |
| Vehicle NCO | 0.00% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 50% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 12% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 67% |
| Certificates % of member funds | 21% |
| Average share balance | $5,521 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $23,070 |
| Loans outstanding per 100 members | 49% |
| Loans granted per 100 members, annualized | 21% |
| Average loan balance | $13,553 |
| Loans granted, annualized | $10.3M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $23,070 outstanding purchased (0.4% of net worth), $8,778 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -1.7% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | net worth falling |  |
| 2016-12 | 0 |  | net worth falling |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | delinquency rising |  |
| 2017-09 | 1 | assets shrinking | delinquency rising |
| 2017-12 | 0 |  | assets shrinking |
| 2018-03 | 1 | net worth falling |  |
| 2018-06 | 0 |  | net worth falling |
| 2018-09 | 1 | delinquency rising |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | delinquency 2x band |  |
| 2019-06 | 1 |  | delinquency 2x band |
| 2019-09 | 0 |  | delinquency rising |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 1 | margin squeeze |  |
| 2021-03 | 3 | thin capital, net worth falling |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 2 |  | net worth falling |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 | net worth falling | margin squeeze |
| 2022-06 | 3 | members leaving |  |
| 2022-09 | 3 | delinquency rising | net worth falling |
| 2022-12 | 2 |  | delinquency rising |
| 2023-03 | 3 | delinquency rising |  |
| 2023-06 | 1 | assets shrinking | thin capital, members leaving, delinquency rising |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 0 |  | assets shrinking |
| 2024-06 | 2 | delinquency rising, assets shrinking |  |
| 2024-09 | 1 |  | assets shrinking |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 0 |  | delinquency rising |
| 2026-03 | 0 |  |  |

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

- 2026-06-29 [Owatonna family holds recovery benefit on Saturday - southernminn.com](https://news.google.com/rss/articles/CBMi9gFBVV95cUxNdFBLY05ZM1dtNHZSQmFCbG1XZnI5ejN6eW9aaTA0allhNUQwOG9pLUFEMktuX0dGY1lUVF9QdVBFU1FzXzZuMm1Rb3FxTE56SGUxMDRwS2FsRFRXTmpySHVNTTE1N29JSEh3UjhwYjdBc3pGZGcxQVVjTFVfd3VsUGZEcFN2S1V3eGs5S1NrRk56cFZMdG9pXzJIZHIyNGFnUnc1SWV2Z05XOUFvalNVOWsweWtzclliRFFuc3BRTG13dzh5RkhKM2VIXzhvNTlvRGVBZGRpVEw0cmZjSklIVjc5aWk3R3JSaUFFMTNSX3I4SzFZSFE?oc=5) · southernminn.com
- 2025-11-17 [Kathleen Borkoski Obituary (2025) - legacy.com](https://news.google.com/rss/articles/CBMihwFBVV95cUxOVHJlazd2Y2M0VGpqSTU3MTViMlBXQjNyOEJua253bGlFU0ZDYUdQR2JsQTd2amMzUlVDYk4xMGJEc3ZjUmRDZS1zdzFBSHdUUHB1WVY0REo1Q0U4XzNzSEVDaEZGQzZjanREZGVLc3dNYXRRckpXMDRUYkMyRzktUk10cW54bGs?oc=5) · legacy.com
- 2023-08-01 [Two large Minnesota credit unions announce plan to merge - MPR News](https://news.google.com/rss/articles/CBMiqgFBVV95cUxONDBLSjhrSmdRcW1odWh5N3E4QUNtNmhyWHBGQUE1clU1LWk2TUlUXzNINDhGQjE1S3pkV1c4SmI0SU9QV2NSWFpNNUVNVnYzVEZERzhxQnhMNU0xQnZnckxRZVRZQm04YVMwYnBmWENJRlBmWTZrWHNuWDhrazlXb3lNNWJDMXgtOTJFQ0JfSnp2UDdtVUhOcjR0Mk1mOHdIYlBVT2pMbnFpUQ?oc=5) · MPR News
- 2024-06-02 [Business People: Bridgewater Bank announces executive changes - Pioneer Press](https://news.google.com/rss/articles/CBMioAFBVV95cUxQSk5lZkdhVXQ5T3BSQXczZzg5TmhtOUpnU2t3bG1rX3RYMFVPam9ZUmdfUEZfWU9Hc3hGNm03R1B1ek9rMmt1akU1ZW0wMDBjZXplZ1Q0bng5WHIzaXNpUzNFSEVoVnU0VlU4SkI4elJlRnlLdzE3VTZfcEt1TUdTa041M2xSYWVfX0dOTmZoSDlKX1dGa09aLTFwV0JieFY0?oc=5) · Pioneer Press
- 2018-12-28 [Head-on crash sends two to North Memorial - presspubs.com](https://news.google.com/rss/articles/CBMiygFBVV95cUxPZ080ZUhWbDg2TGJPdmVUcy1DV3hFQXJrZDY2LXBVV1AxY05uaGpjQ092OGs2RnYzQm9XVW9VSW1PaV93blhaSENHTThfREFWeUZjaGRWdXcwWXgzUWNKWnhtQnl0MUwtUldoZEkyRmM0YUI4UGZ4OGlzRUFFQ0lxcU8tQWVZYXFqOGpFbUczdmlUd1Z0QWFPREdCUGFQa215UHQ2M3ZsNURrenN5UlZMYmFCNGw5MnJLc3lhaWtXTm9fMHpMM0V4NWVR?oc=5) · presspubs.com
- 2022-03-03 [Private equity firm from San Francisco has acquired Revation Systems - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxNQ210YWkySHYydVlOSzczNEVYazJKQjJSTUw2REUwc1RubTJWWE5RWVdIdDRoSlVaeHU0SlJwU0c1T0FqMTJxb3hBR3lUZ3dCY0hIb3NJTzE0dWx2dzlFcDJWT2E2YnczNloyZzNtTmpwSE9jQkR1YU1WLWRjMm9EaUdyR3RrSG5uczdUUFpkTFFBRkxtcHdwbmRkVExibXJNdjVoa1RHdXlCYU5oNS1B?oc=5) · The Business Journals
- 2023-08-27 [Richard N.D Holm - legacy.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxON1pkNDZjN3V5TlR1aHF6VWhCOElTT3RuMzNIT0ZrYVdJZEs4c05EV0wtZUdtdHJLci1OTjVZN21OajFib09pV0JsdGh2SkZzczhLZ0FFMS1zeS1MUGFnelBnQjFSSEs4SmVfR2NlbFljRExVaGJBUDJxT0JSZ2NZbTRlTnplMko3MEZDY1JjNA?oc=5) · legacy.com
- 2015-01-12 [NORTH BRAINERD SHOOTINGS: Family remembers Kroll's positivity - Brainerd Dispatch](https://news.google.com/rss/articles/CBMingFBVV95cUxOOUxmZnJuSUZqVEVQZEVkeUJ4S1JzZlRuNTlKWnU0cDVlSW8tekp1ZVcwM29FS2hCYk9jQ1U0Yy1xRnNMRWpiMlZ4OWFjX09MZFBCTE0tdktlNFRGOE9FckU4Nk5IeGhQUGFZSmNtZm1EbjE0SGVnOFhzM0l4Q0ZZQ2otWEFsNVZyN2dUWjhLS0N3QUhSMmtkdmZ3VnZBQQ?oc=5) · Brainerd Dispatch

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=16248 (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/56.json (key "16248", 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=16248
- 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