# AGASSIZ
CROOKSTON, MN · NCUA charter 24522 · asset band <$50M · latest filing 2018-03 · stopped filing after 2018-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/agassiz-24522

Who the members are: federal charter, community charter, organized 1953, low-income designated. 1,377 members of 3,200 potential (43.0% of the field); checking penetration 51% (share draft accounts per 100 members); loans per 100 members 50.

**Verdict on the desk:** this could be *ordinary*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $14.3M |
| Members | 1,377 (-2.7% YoY) |
| Full-time staff | 7 |
| Net worth | $1.1M |
| Net worth ratio | 7.8% (p9 of band) |
| ROA (annualized) | 0.13% (p35 of band) |
| Total delinquency | 3.79% (p89 of band) |
| Net charge-offs (annualized) | 0.02% (p48 of band) |
| Loans / shares | 52% (p45 of band) |
| Cash / assets | 24.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.64% (p31 of band) |
| Operating expense / assets | 3.20% (p45 of band) |
| Vehicles % of loans | 19% (p12 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 11.92% (p99 of band) |
| Vehicle NCO | 0.00% (p34 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 57% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 233% |
| Core shares % of member funds | 82% |
| Certificates % of member funds | 5% |
| Average share balance | $5,165 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 50% |
| Loans granted per 100 members, annualized | 88% |
| Average loan balance | $9,939 |
| Loans granted, annualized | $2.0M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | net worth falling |  |
| 2017-03 | 1 |  | net worth falling |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | members leaving |  |
| 2017-12 | 3 | delinquency rising |  |
| 2018-03 | 3 | delinquency 2x band | members leaving |

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

- 2018-05-04 [Tiny Agassiz Federal Credit Union merges into First Community CU - americanbanker.com](https://news.google.com/rss/articles/CBMiswFBVV95cUxPNGpvVEw4OFdJcDVWd3lyTmJrbEI3M05xZjhvczhUWDBqcG5oRWpHNm1sNGVXUS1LTjBiamxNYTN1OWpyLWlGM2xUSzkzeUg4WXBQbFZSVEhIM0RZdkVfaE1GaHIzV1ltcjg3em9walBIZlFWcmJuQ2Y4SzFTWjAwa1lRR3g1SldkU0J0bTRaUGdNekZsUlY1cFNoOENYLXBZT0hKb2ZKcTM5SXN1cDVZMGNSaw?oc=5) · americanbanker.com
- 2024-05-28 [New board installed at Dakota Credit Union Association - Grand Forks Herald](https://news.google.com/rss/articles/CBMipwFBVV95cUxPNWtia09kVWlHcmw5Wi1Nd0VjYlAzZU14RDVMTnZhN2swZXQ3cXJtOGw3c1BFclRKRkE2ZWI2S0JRUHFZRkxXc3E3cEMtNEc2aDBLMG12ai1TOXpfa0J4RUgyZlYwMTktSVp0THpScFNzeFRDVFF5SWdiM3NqRy02anpLb01vWmZlUzBNSzkyb1o3TzlMZTMza2RhdXEtN2JVZFlJTi1WUQ?oc=5) · Grand Forks Herald
- 2017-08-30 [Man accused of trying to break into several building including a bank - Valley News Live](https://news.google.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?oc=5) · Valley News Live
- 2009-01-14 [Community, school rally around girl stricken with rare disease - The Patriot Ledger](https://news.google.com/rss/articles/CBMipwFBVV95cUxPLXlkWEtoUDAyV2ttcWVTc0w3cWl5X3pSWVlFdUJlQ2tXSDVOMDNIYkdRSk9YS21UTFAtQUhEbzJrX2k1cjBfVXRTcUdyZ2JVczdiQ2JXYmxQeW1pR2ZsS25XREtaeHRnZ1ZpMk5sTmphNmJfTEM2WGJfNFR6bHp0U1FyeXY2SFIwbF9IYUVCdWthVDQ1VXNPZGxKb1VSa2x5Q1BDeEZqcw?oc=5) · The Patriot Ledger
- 2017-08-31 [Crookston break-in suspect allegedly 'blacked out' when committing crimes - pineandlakes.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQOE5FdWJreS03R2trakRVN3JlX0NCQ1hxdXBJU3lHTUp2NkpUWUFaNXRtQlpGbHFhSkN0a1h1MkRLcEdST2o1MjdlajZCQ1lyMV9xRFI1V0N3c3dvaC0wWFBNZ2sxTm9oYV9KQUVvbzNXRGxya1g2NVdYOUpNZl9Sa0dDMGRKN1hLNkRBNmxYYTFzYjdKOU5DQkpQMnFLcXFXUGtLUHVXZGo?oc=5) · pineandlakes.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24522 (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/10.json (key "24522", 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=24522
- 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