# BUILDING TRADES
MAPLE GROVE, MN · NCUA charter 24414 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/building-trades-24414

Who the members are: federal charter, multiple common bond, organized 1959. 19,005 members of 100,000 potential (19.0% of the field); checking penetration 49% (share draft accounts per 100 members); loans per 100 members 87.

**Verdict on the desk:** this could be *participation buyer*. 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 | $244.9M |
| Members | 19,005 (3.4% YoY) |
| Full-time staff | 32 |
| Net worth | $26.6M |
| Net worth ratio | 10.9% (p44 of band) |
| ROA (annualized) | 1.11% (p77 of band) |
| Total delinquency | 0.46% (p37 of band) |
| Net charge-offs (annualized) | 0.13% (p18 of band) |
| Loans / shares | 68% (p38 of band) |
| Cash / assets | 5.9% |
| Borrowings / assets | 1.96% |
| Net interest margin | 3.58% (p52 of band) |
| Operating expense / assets | 3.22% (p31 of band) |
| Vehicles % of loans | 46% (p73 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 53% (p41 of band) |
| Vehicle delinquency | 0.62% (p54 of band) |
| Vehicle NCO | 0.27% (p27 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 30% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 70% |
| Core shares % of member funds | 70% |
| Certificates % of member funds | 22% |
| Average share balance | $6,752 |
| Participations bought / yr | $28.5M |
| Participations sold / yr | $0 |
| Participations outstanding | $39.6M |
| Loans outstanding per 100 members | 87% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $8,915 |
| Loans granted, annualized | $47.8M |

## Participation posture (from the same filings)

Bought $28.5M and sold $0 in the latest annualized quarter; $39.6M outstanding purchased (149.0% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 5.4% 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 | net worth falling |  |
| 2017-09 | 2 | delinquency rising |  |
| 2017-12 | 0 |  | net worth falling, delinquency rising |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | delinquency rising |  |
| 2018-09 | 0 |  | delinquency rising |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 2 | net worth falling, delinquency rising |  |
| 2019-12 | 1 |  | net worth falling |
| 2020-03 | 0 |  | delinquency rising |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 4 | delinquency 2x band, delinquency rising, members leaving |  |
| 2020-12 | 4 | margin squeeze | members leaving |
| 2021-03 | 2 |  | delinquency 2x band, delinquency rising |
| 2021-06 | 1 |  | margin squeeze |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 0 |  | net worth falling |
| 2022-06 | 1 | delinquency rising |  |
| 2022-09 | 2 | net worth falling |  |
| 2022-12 | 2 | members leaving | net worth falling |
| 2023-03 | 2 |  |  |
| 2023-06 | 3 | delinquency 2x band |  |
| 2023-09 | 2 |  | members leaving |
| 2023-12 | 2 |  |  |
| 2024-03 | 3 | net worth falling |  |
| 2024-06 | 1 |  | delinquency rising, net worth falling |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 0 |  | delinquency 2x band |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2024-04-12 [Lawyer says ‘Fishing Hat Bandit’ a genteel robber, but judge still opts for 15-year sentence - Pioneer Press](https://news.google.com/rss/articles/CBMixwFBVV95cUxPQnBOR1J6Mi1BTldWSFF2RWxkN0VNVllSTWJTTUdRSDhFMEtlWVRsNnNqaGc4bUxKVDVla1B2eVdDVExveW9PR2ZWV1N5aTlZSzFoMkE0V3NqQktENmgtUkVjYlpndEdpM29EMmM3QVhFOWU4VnFFd0UwS1lqVy0wNFB1Nm1tSDVPWWZ6TExKQ1V3ZXR0cTVFNEpLU0FDOFZXdnozdXYtUGNUdHd0LXMtOGNMdW8zNkVONktnaFhEOXhKSEVidE9n?oc=5) · Pioneer Press
- 2025-03-12 [Grand Forks school and construction leaders offer up-close look at Career Impact Academy - Grand Forks Herald](https://news.google.com/rss/articles/CBMif0FVX3lxTE56QURvcm0tRVJpdjgxSEl2bkVxSTcxSGhvUjdhXzZWdFpYUE9BTnF1TTdXekFLNG5fQWlUYU4zX0hDcWhVQ3RtYmF1Ykp4eTZQYkRxUnlGOUljSHVuWHNPalp0N2V3aWtLRmVqVjM4dk1IcV94UkpXNGhIWF9zTXc?oc=5) · Grand Forks Herald

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24414 (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/30.json (key "24414", 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=24414
- 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