# NORDSTROM
Everett, WA · NCUA charter 1788 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/nordstrom-1788

Who the members are: federal charter, service (single sponsor), organized 1936. 5,115 members of 53,753 potential (9.5% of the field); checking penetration 55% (share draft accounts per 100 members); loans per 100 members 36.

**Verdict on the desk:** this could be *auto monoline*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $62.2M |
| Members | 5,115 (-0.5% YoY) |
| Full-time staff | 8 |
| Net worth | $5.2M |
| Net worth ratio | 8.3% (p6 of band) |
| ROA (annualized) | -0.17% (p11 of band) |
| Total delinquency | 0.51% (p43 of band) |
| Net charge-offs (annualized) | 0.64% (p78 of band) |
| Loans / shares | 48% (p27 of band) |
| Cash / assets | 36.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.88% (p13 of band) |
| Operating expense / assets | 3.20% (p37 of band) |
| Vehicles % of loans | 69% (p89 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.50% (p46 of band) |
| Vehicle NCO | 0.48% (p66 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 18% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 80% |
| Certificates % of member funds | 16% |
| Average share balance | $6,305 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.8M |
| Loans outstanding per 100 members | 36% |
| Loans granted per 100 members, annualized | 2% |
| Average loan balance | $14,697 |
| Loans granted, annualized | $4.9M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.8M outstanding purchased (34.5% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 8.6% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **losing money** (`earn_negative`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | losing money |  |
| 2017-06 | 5 | delinquency rising, members leaving |  |
| 2017-09 | 4 |  | delinquency rising |
| 2017-12 | 4 | delinquency rising | losing money |
| 2018-03 | 3 |  | delinquency rising |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 4 | assets shrinking |  |
| 2019-09 | 3 |  | assets shrinking |
| 2019-12 | 1 |  | thin capital, members leaving |
| 2020-03 | 3 | thin capital, assets shrinking |  |
| 2020-06 | 4 | net worth falling, margin squeeze | assets shrinking |
| 2020-09 | 4 | delinquency rising | net worth falling |
| 2020-12 | 3 |  | delinquency rising |
| 2021-03 | 6 | net worth falling, losing money, members leaving |  |
| 2021-06 | 6 |  |  |
| 2021-09 | 6 |  |  |
| 2021-12 | 5 |  | margin squeeze |
| 2022-03 | 6 | capital below 7% | members leaving |
| 2022-06 | 4 | members leaving | net worth falling, capital below 7% |
| 2022-09 | 2 |  | losing money, members leaving |
| 2022-12 | 4 | delinquency rising, assets shrinking |  |
| 2023-03 | 4 |  |  |
| 2023-06 | 4 |  |  |
| 2023-09 | 3 |  | thin capital |
| 2023-12 | 3 |  |  |
| 2024-03 | 3 |  |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 4 | delinquency 2x band |  |
| 2024-12 | 6 | losing money, loan book shrinking |  |
| 2025-03 | 7 | thin capital, charge-offs p90 | assets shrinking |
| 2025-06 | 6 | net worth falling | delinquency rising, delinquency 2x band |
| 2025-09 | 5 |  | net worth falling |
| 2025-12 | 4 |  | thin capital |
| 2026-03 | 4 | thin capital | charge-offs p90 |

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

- 2026-08-03 [Back-to-school shoppers expect higher prices this year, data shows - spectrumlocalnews.com](https://news.google.com/rss/articles/CBMivwFBVV95cUxPSHE3cElDU0xDck50eGxhMTJSYWlybG03SEdOREFpS2d2LWE0LW45b0lLd3BwVlA4Z1N0QmFLQ2Y1UkFTU2VScV9XS3NPOEpMbUhfVndDQ1pSMDB3bklFd05pRDQxMVhWNEpOcmFtcWwtX00wY2h4X0t3YUtDYXVRSVpKWHV5ajMtM3FUU05mTUJGQ2FiOENSSm9NQ0VJcWZ4LTJCdmg1eFpuZkQ2al9FdXlKeUdlZHM0V0VKZGt3aw?oc=5) · spectrumlocalnews.com
- 2026-01-04 [Business People: Great Plains Institute’s Rolf Nordstrom to retire next year - Pioneer Press](https://news.google.com/rss/articles/CBMiswFBVV95cUxNNzlub05YUTB4cGthd1gtUWt3MEhkN0h0aVlfM3JyWDFSODFhdmFNdTlBWXFFbHBLaERPbjVPZUR0Q1FibkVxTDFrTnBFT1NuRlJkVWhqNGJmb2k3RWpwYkRGeWpsc0pYSEw4ODFhWDNKZXpxb3M2dGxYU2llMU9MNVhScXY1ZXFGUW0yZEwwTXFIOURsUDk5R0tJLVNGZjktdHJpcFdPc0tuaFBIc1owNmdKdw?oc=5) · Pioneer Press
- 2023-08-25 [Robots go live, Nordstrom Rack set to open, downtown biz moves, another to close - The Olympian](https://news.google.com/rss/articles/CBMibEFVX3lxTE1fQTVpTHBodVlfbU9jb1ZVNndmNzA4bkktc2lTQklINldDV0N2S3RKclI5VGxpUTJtcy1KMXI4NDlIUGJjYU9leUQxUy04R29YeWlmVGRWS3MwYnBNbDJQZ1YzemRQUHhNd1hZMdIBbEFVX3lxTE1GMEJUYnFneFhTbDlrUzVmb0stY2o0VTMyVHZ4NnFCLUNfdjk1bE9pMHVQRUlvNXNxTEhkQ1ljM3BoV2VqLUtXaVlCQUIyQWtydlhVMlBNaTlBcmdBM3lzVmxoTExScGVJckZOdA?oc=5) · The Olympian
- 2018-09-21 [Sound Credit Union acquiring Bank of Washington in historic deal - KIRO 7 News Seattle](https://news.google.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?oc=5) · KIRO 7 News Seattle
- 2022-10-24 [What’s new: Nordstrom Rack opens in Riverside; Tolar building 3,450 bus shelters - pressenterprise.com](https://news.google.com/rss/articles/CBMi3gFBVV95cUxOcDZvN3hmeWR1cG5jeDJHNm1sZ2VTUWQwLXh6bzA5dXBKUG1nYmg3UXg0S3ZPWERjT1otQ01aZkFRcjc3T2lsY2NuS2RLbUpJQk9xdWk3RlRGR0JZWXVCTW5fMFpQblpOa0ZvRUduSVhWeUNlYzZNdndRNmpFSHV1TTNRMVJRZ2Y0bnd0WWh5OVdsd2YwQWhYd0JDSkN0U2lLX1dGMHJFRWM4MkVXSFlNQ01QSXpncHgwVUdPbkRxOUhDanY1UVpOVG9sUzNvSE1fcGtFS0t1SzZNdEVPN1E?oc=5) · pressenterprise.com
- 2023-04-18 [Identity theft is prolific and growing in western Washington - KING5.com](https://news.google.com/rss/articles/CBMizAFBVV95cUxOZnRibWxHNTNvMXMwN0ZKWC1HREVXLWhfSFdSa1lHX0w4NTFyUXE3eUlYTE9LQ2xhWl9QclpVbkdqbDMtd0xGak5JVzBnR3dxbmQ3TkxxclY1b2xvWEdVbTRDNmpWeU4yVzF4bzFqS0xZRmg4Wk4wNVRDcHhrak9WcnVMMy1fcnNWVTJ4aVczbWE1bmdaYnVTdVlMWm4yaW1iLW1Qb3FtMlBCcXVzWVQwZkZkM1lOZ1FKSnZiOVZ2bE1MVlQ5SVpQTk5QdWU?oc=5) · KING5.com
- 2023-02-05 [MARGARET BAUER Obituary (2023) - Vancouver, WA - The Columbian Recent Obituaries](https://news.google.com/rss/articles/CBMilwFBVV95cUxOV0MtT2QyRDdtRGE3WGZQZGg4YkVWU2pSMDFxY1hIU1cxbXpGNGhwS195X2ZiU2pBVmhxOEFCT2xZd3cyUl9LWXRJb2ptRXQ3S1NEMHBkcDYxYm5hQXpSRzVwMHpvRGJhMzVGdnRxNDcyRVVHMFpETmlTNVh0YmVkbWZSUWtKUTBNM0FHSHY3dG1NSEdNcnd3?oc=5) · The Columbian Recent Obituaries
- 2024-10-21 [Carolyn Hurley Obituary - Seattle, WA - Dignity Memorial](https://news.google.com/rss/articles/CBMigwFBVV95cUxNbm03SUlGRGlwUTZOclgxTDY5TXptRl9XV1J6UEg3U2NUY0VrWmJLWVN3UjlMaml6aWVRY1RaTDhHb2s1WEphQ2NYbjZ4S3gybXNidnh1MzFaREpyLWRNc0Y4SGNlaGlYZXdQejAteVRGdHo4R1pXSERCdkZPZ0tuUDhLSQ?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1788 (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/60.json (key "1788", 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=1788
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide