# HEALTHCARE PLUS
Aberdeen, SD · NCUA charter 23371 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/healthcare-plus-23371

Who the members are: federal charter, community charter, organized 1979. 5,041 members of 126,601 potential (4.0% of the field); checking penetration 51% (share draft accounts per 100 members); loans per 100 members 55.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $69.7M |
| Members | 5,041 (0.9% YoY) |
| Full-time staff | 13 |
| Net worth | $6.0M |
| Net worth ratio | 8.6% (p7 of band) |
| ROA (annualized) | 0.42% (p34 of band) |
| Total delinquency | 1.01% (p72 of band) |
| Net charge-offs (annualized) | 0.25% (p50 of band) |
| Loans / shares | 87% (p92 of band) |
| Cash / assets | 18.4% |
| Borrowings / assets | 0.72% |
| Net interest margin | 3.55% (p45 of band) |
| Operating expense / assets | 3.37% (p44 of band) |
| Vehicles % of loans | 43% (p53 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 44% |
| Third-party paper % of net worth | 174% (p92 of band) |
| Vehicle delinquency | 1.73% (p87 of band) |
| Vehicle NCO | 0.44% (p63 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 41% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 47% |
| Certificates % of member funds | 36% |
| Average share balance | $6,911 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $19,709 |
| Loans granted, annualized | $16.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $0 sold and retained. Sold in 0 and bought in 3 of the last 8 quarters. Shares 1.8% year over year.

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, loans>95% of shares, 3rd-party paper>100% NW |  |
| 2016-06 | 4 | losing money |  |
| 2016-09 | 5 | net worth falling |  |
| 2016-12 | 3 |  | loans>95% of shares, net worth falling |
| 2017-03 | 5 | margin squeeze, delinquency 2x band, delinquency rising | losing money |
| 2017-06 | 4 | members leaving | delinquency 2x band, delinquency rising |
| 2017-09 | 3 |  | margin squeeze |
| 2017-12 | 3 |  |  |
| 2018-03 | 4 | losing money |  |
| 2018-06 | 4 | loan book shrinking | losing money |
| 2018-09 | 3 | losing money | members leaving, loan book shrinking |
| 2018-12 | 3 |  |  |
| 2019-03 | 4 | assets shrinking |  |
| 2019-06 | 2 |  | losing money, assets shrinking |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | delinquency rising |  |
| 2020-03 | 2 |  | delinquency rising |
| 2020-06 | 3 | net worth falling |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 3 | margin squeeze |  |
| 2021-03 | 4 | net worth falling |  |
| 2021-06 | 3 | delinquency 2x band | margin squeeze, net worth falling |
| 2021-09 | 2 |  | delinquency 2x band |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | net worth falling |  |
| 2022-06 | 4 | leaning on borrowings |  |
| 2022-09 | 3 |  | leaning on borrowings |
| 2022-12 | 3 |  |  |
| 2023-03 | 4 | losing money |  |
| 2023-06 | 4 | delinquency rising | losing money |
| 2023-09 | 3 |  | net worth falling |
| 2023-12 | 3 |  |  |
| 2024-03 | 5 | net worth falling, losing money |  |
| 2024-06 | 4 |  | net worth falling |
| 2024-09 | 3 |  | losing money |
| 2024-12 | 3 |  |  |
| 2025-03 | 3 | assets shrinking | delinquency rising |
| 2025-06 | 3 |  |  |
| 2025-09 | 4 | delinquency rising |  |
| 2025-12 | 3 |  | delinquency rising |
| 2026-03 | 2 |  | assets shrinking |

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

- 2025-05-08 [Membership Territory Expanding At Healthcare Plus Federal Credit Union - Aberdeen Insider](https://news.google.com/rss/articles/CBMiigFBVV95cUxOQnpqZk1XeVVTWVdjbUVwN0tzWVpDUFhOYTdCWVNpVWNFdjJIRElneUZ1dmUzSVBzWVZUY1FINUlvdXFTYTVwdGZNaUZfTkpwS1lIdk9oUjhkZTc2V2FZdEFleG9FblZiQkpQbzgzY09OZ1VxZVJwQUJEUDhTdFEtVjNNZHI3NkZPLWc?oc=5) · Aberdeen Insider
- 2025-10-09 [Katharine "Kate" Von Brook Obituary May 18, 2024 - Schriver's Memorial Mortuary & Crematory](https://news.google.com/rss/articles/CBMickFVX3lxTFBJaDRfbkZ4MUFENkNBVVpHeFBZYjV5MkV5NVdQclFLbkdGRklpUG9KazdvLVVpQ3hSX2ZwWTY4cnlyNTBfT0tSdlpOUUY3b1VYY3E4Vm81R0N0YVI5LTB2Vm9sUUs1NXZUeFg1VnAzeEVSZw?oc=5) · Schriver's Memorial Mortuary & Crematory
- 2022-11-22 [First legislative cracker barrel is Jan. 28 - aberdeennews.com](https://news.google.com/rss/articles/CBMixwFBVV95cUxOOGtRaXpXUjFkMUYwRUwwMXk4aW5DNG53blpZcnNKcVpPWld1aUNPU0hnRmlDOFJ0cWw4MkJCeV9BQ3BkMXBTMmRvOENQQ184TEpPMEFOZTFNczJldFpzVWtmRUdNaVE4ekQ5WmVPRVNtdmcwSWZ3c1pUQjlkbVJfbURNSFZ5eUdNODJGZ3RReG8xT3dxbWJsTGFHdi1vNUI0R2l3dXZydHFTYkg5U1lqNTlubmV4ZmdpTVA3elV2alZYX1dmdmlN?oc=5) · aberdeennews.com
- 2009-01-14 [A Look at Name Changes Around the Financial Industry - The Financial Brand](https://news.google.com/rss/articles/CBMihgFBVV95cUxPU1F6Y0V0V2xhUzdRNGw2S0NiTEI4X3pnR2FrdmIxVlNHcEZ0ZUxILTFxSjFYNkJoT0hreENFc3luQ1pGcFdUUDV4bTlQcDZTRjZJQmxhYjVDaTI2LWEtN1R6c1NGeGxCRElMX2VaQjlGT0stZURXeUo2Sm5BMkNOX0wyZXJaZw?oc=5) · The Financial Brand
- 2024-06-01 [Kate Brook Obituary (1980 - 2024) - Aberdeen, SD - The Berkshire Eagle - Legacy obituary](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQekI0ZTBta1liM1hndkx6Y29laG9xNHhGOGROVEkxU2xKNmVLMDVkTlk5T1JGY2IybXBYREszaXZUaUpCRVJRVWhIZ3lnNy1wTHlJS3ZYZ0QxaDNnUW83UkF3U044c0RaYVRzZ2xxRnZjb2d2Y1hESHNxdEhqQU9oNWRBeUxrS2xzbVhv?oc=5) · Legacy obituary
- 2016-05-08 [Brittany Cheryl Holzer Obituary May 8, 2016 - Schriver's Memorial Mortuary & Crematory](https://news.google.com/rss/articles/CBMibEFVX3lxTE9odEp4MURJLUdZQkpVQU5OX2ViQS0wYW04QzV6NGxLMVBhYWw5MFo1emQ2NXp5QWxpYmtLQUZYcFlEazZvTkp2TzFkWnozYll6R3dCc3czM3NraXBOSm1lZUxRQVpqWWVzVjBQOQ?oc=5) · Schriver's Memorial Mortuary & Crematory
- 2025-08-07 [Entertainment: YPT Shows On The Road This Month; Brown County Fair Begins Monday - Aberdeen Insider](https://news.google.com/rss/articles/CBMimAFBVV95cUxPajRTLWNFT1Iyb3U5R2YxTmpTdDFoOWFkTnRpVThsd3hGeS05WlF4bVlQX05aUjlDXzdnYk9ZTXplcHRHUzIwRTZ2V2Eta2NkSTBvSVNwY281ZzA0LUhNMDk3UHFTdUtTR2s2N0V2V0RHNHp3TEpILTlKNkw5QVVyZURhMndzMWpLUVlROVUzV2xmY2VkbzEzLQ?oc=5) · Aberdeen Insider
- 2015-03-20 [Old IHOP building garnering interest - aberdeennews.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxPZkxZV2Z1RjYtMkxubFJ6VWRGQmZUYWZUYW1yNnhwbzVYNFVzaTFDOFVwcmhVQmR2ODZCSU5IbnJ1WldHcEFmNVlOYmJLMjVZSzB3eER2SDhlNFNEYjhsUWVSanNobl9FLWNYTnRrSFFMQjhaQmhhYkk0eWwxcWoxZW5ITkQwTDgzczVGR3JzazNYdUlFcTdaVjZhUzZ4MF9yZ3c?oc=5) · aberdeennews.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=23371 (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/11.json (key "23371", 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=23371
- 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