# HIWAY
SAINT PAUL, MN · NCUA charter 24360 · asset band $1-10B · latest filing 2020-09 · stopped filing after 2020-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/hiway-24360

Who the members are: federal charter, multiple common bond, organized 1934, low-income designated. 78,957 members of 600,000 potential (13.2% of the field); checking penetration 62% (share draft accounts per 100 members); loans per 100 members 77.

**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 | $1.45B |
| Members | 78,957 (2.4% YoY) |
| Full-time staff | 216 |
| Net worth | $144.7M |
| Net worth ratio | 10.0% (p49 of band) |
| ROA (annualized) | 0.60% (p47 of band) |
| Total delinquency | 0.30% (p40 of band) |
| Net charge-offs (annualized) | 0.23% (p35 of band) |
| Loans / shares | 69% (p23 of band) |
| Cash / assets | 4.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.15% (p15 of band) |
| Operating expense / assets | 2.58% (p32 of band) |
| Vehicles % of loans | 32% (p51 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 35% |
| Third-party paper % of net worth | 70% (p31 of band) |
| Vehicle delinquency | 0.60% (p82 of band) |
| Vehicle NCO | 0.82% (p79 of band) |
| Repossessed % of vehicle book | 0.00% (p14 of band) |
| Real estate % of loans | 59% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 46% |
| Core shares % of member funds | 43% |
| Certificates % of member funds | 27% |
| Average share balance | $7,437 |
| Participations bought / yr | $4.0M |
| Participations sold / yr | $17.6M |
| Participations outstanding | – |
| Loans outstanding per 100 members | 77% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $14,817 |
| Loans granted, annualized | $465.7M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **margin squeeze** (`earn_nim_squeeze`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | delinquency rising |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | net worth falling |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 2 | margin squeeze | delinquency rising |
| 2020-09 | 2 |  |  |

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

- 2025-12-31 [235K members of Minnesota-based credit union notified of data breach after cyberattack - startribune.com](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPRzJiOXRVTjZxcndlU1o0emg4ZE9aOXVMWUhINThKREJueTFtQVI5Q0NETk0zbDJKaTUzOE9PNF9kdFFZZ291dm9lVEtSemEzSDhQblJUUmZyM2NIWUtXdjNMVWtaVlRfQzRPVjlvSE1IRnZFSk9idlBmLVVkc0JBQnRVMkFWa1pHa1FNYUdyMmVidU00MlpxSFIwOXZ3QzdkT1g1ZHJ3WUh6bzBGaUhuZ1ZLM1VMOHJIOUdhQ181WXlZZw?oc=5) · startribune.com
- 2023-12-27 [What’s Driving the Blaze Credit Union Merger? - Twin Cities Business](https://news.google.com/rss/articles/CBMicEFVX3lxTFBMOWZ0aXZRc252NHgzU2NKSElvV1lzWmxjNEFPT1FzODR4UGJWbTZ3Q1hZMDhCdVF2VENPa2M2TnZLLTlCcnRmeGdBUmNkSk40V3pYSkdMWVV5d1Qtd0x0NEZvdl9FZGx5OGFGRk1lUDA?oc=5) · Twin Cities Business
- 2023-11-16 [Spire, Hiway credit unions will become Blaze Credit Union after merger - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPeFQtUDFqa0xaOEdadkZRT0FjN2d2RXFHTnVMMVgzQXFDQkMxaDhrdlVPdUxCRlIxcXFXUEJrYk5fdXBHdGdVdmI5Rnlob2piejBWeGg4Rl95V0hrY2RvdFl6eWx0QTJUaDFxLV93U1NWNlRFT1QtRmNwVzhmblc3dFp2VDF4OExBeXA5WjNySmVtOVotX1Q1T05JQkRnajQ4Z1BBNnVpWDV2Rkk?oc=5) · The Business Journals
- 2023-11-17 [Two Minnesota Credit Unions Merging in 2024 - WJON](https://news.google.com/rss/articles/CBMibkFVX3lxTFA0bEhicnFtLXBrWHBtVXV4R0V4UWZSVE5DYmEwZVFWYzFvRjcxSkhpZ010TE44d1d5TEFrSHdKQWVZSWhKNmVwSlBwN3FHQjMyVmpFcUhjMU9qYndKd21yTFpqUElyYkZ4amZ0Z0h3?oc=5) · WJON
- 2025-09-09 [Minnesota Wild inks multiyear deal with Blaze Credit Union for helmet branding - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQV2U2TnlWdWZMMHh0Rm13aGZpeXdxMVVYYk9zT0VTUElUa21VLU9DNmw0UTA2aUE1S0cyd1R3OGEycDhlaTdHbEEzb3dqLXNKRFc2blBGWlJoYkx4OV9KQ2RyaGZUYmxiWlBqVk83ZXN5aGMtMlZQa0hiTk5OS25rVmp1eC1hTDROYWM1dml0YXVJLVA1b1BQMjJ2ai1jSDBTeFk3OURtRTE?oc=5) · The Business Journals
- 2021-04-13 [Tara Graff - Twin Cities Business](https://news.google.com/rss/articles/CBMiT0FVX3lxTFAzX3p5cTlncHNicXRWOHBaRmxfSU1pclpWYzhOWTBiV2pGQWNvdU85Vm1XQjdXdkNtYXI1V0xSVTB5MkdiVndmLWw2Mk9jUms?oc=5) · Twin Cities Business
- 2022-05-05 [Four of the largest credit unions in Twin Cities create commercial-lending partnership - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxPVm9Td19TZmd6Z1A4ellHTGVqbnBjcXI0N3hUdnBwTFQxMTJpSENhNXp3NmJxNXhfSUJzRThnZG1mLW5BRC1QRGcyNlkyTThKRFM3NlpsNXpsOXJKMUVjRVNMYndORWdzbmdXWDVncXd2UG5UdVpZeWdpSUV2cTNEYzM0ZDFvc3RmQmNEdHh0S3hEbnQyRzBEeUREd0hRdDltSUN0NWNHQQ?oc=5) · The Business Journals
- 2024-10-07 [Blaze Credit Union undergoes $8M branch overhaul - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxNY3NIbE9Zc2s5RlVUYWMtSlg1VHZvcFFNazd0RFNncGxPUmFRMXV0N2hkZmpaQmIydHMzc3R2VVFjZDlfSGJWMzVMRXQ4NzgtM3JzRGNmd1RpWXdUQnRUR1Y0Vi1LMG1EYmx4d29MOGpwMGVXUlBlbmRkZ3lncExidzQzZ0E1TUxTTWN2VnlpbkVUbHp3cWg1R1Y0WjFtamJudHM0?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24360 (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/40.json (key "24360", 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=24360
- 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