# ELECTRUS
BROOKLYN CENTER, MN · NCUA charter 24656 · asset band $50-100M · latest filing 2019-09 · stopped filing after 2019-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/electrus-24656

Who the members are: federal charter, multiple common bond, organized 1957. 5,425 members of 13,722 potential (39.5% of the field); checking penetration 30% (share draft accounts per 100 members); loans per 100 members 46.

**Verdict on the desk:** this could be *auto monoline*. 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 | $63.1M |
| Members | 5,425 (1.9% YoY) |
| Full-time staff | 6 |
| Net worth | $11.3M |
| Net worth ratio | 17.9% (p92 of band) |
| ROA (annualized) | 1.07% (p80 of band) |
| Total delinquency | 0.14% (p11 of band) |
| Net charge-offs (annualized) | 0.06% (p13 of band) |
| Loans / shares | 49% (p18 of band) |
| Cash / assets | 10.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.50% (p7 of band) |
| Operating expense / assets | 2.04% (p6 of band) |
| Vehicles % of loans | 68% (p89 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p26 of band) |
| Vehicle delinquency | 0.17% (p18 of band) |
| Vehicle NCO | 0.03% (p16 of band) |
| Repossessed % of vehicle book | 0.00% (p35 of band) |
| Real estate % of loans | 17% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 3% |
| Core shares % of member funds | 90% |
| Certificates % of member funds | 4% |
| Average share balance | $5,656 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 46% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $10,160 |
| Loans granted, annualized | $11.7M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | auto monoline |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | delinquency rising |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |

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

- 2021-05-03 [Debbie Mickelson of Electrus retires from 33-year credit union career - CUInsight](https://news.google.com/rss/articles/CBMirwFBVV95cUxQTHdGbXNTeC1Bc1pCV21FZy1VMEZsekVPN3p5R1Vnc0tVN2pDaXBYNDNyXzZfcWNZR0dNWjZLWUJiV1U3UE83UXpEWjUwa1ZYZFVwbFNtQVdrWktNU2hHZkJWN2F3RGdjVlhXVVRfNHlxVl96SHFzV3c3dUpGb2xBSjZsaWJtR3ZXTzNqc3gtWmZBU0FjUnE3dTJ6eU1sV19IWW5kb0NnZnRmcDJiZ0pv?oc=5) · CUInsight
- 2025-08-25 [New Horizon Academy to open 'flagship' school in Brooklyn Center - hometownsource.com](https://news.google.com/rss/articles/CBMi9gFBVV95cUxPMFppbFRKWjRmN3JPa3JFUzZxdnFXRGRYQ2c3Tk5KcU0tcldvakdfdWl4a25sYjV3Y2U0Q0p3dUVEb29JczdwRzNITk9CMDYxYjZTMHpfTjFJbmJyNkZDZ3VXSEg4MlU4d1pKc0dLNkV1SmVXeG9fRy1lcUpySkVpaldSb2VJQ0hnNkZGR0hpMVRGcGdzUFBRMDdtLXhIRXlkUTFEdjVVQUpsVGpYM0RkLUFKODd1OFBCNzQwZURuYlpSbUFsaUZrWXVtRWRKMXN2MGV3WFF5ZnA1UmFlMUJvNnFoWWRxS2R1WlZlemw3M2MzeHlqWkE?oc=5) · hometownsource.com
- 2023-11-15 [Brooklyn Center Council Rejects Apartments on Brooklyn Boulevard - CCX Media -](https://news.google.com/rss/articles/CBMilgFBVV95cUxQMjJsTEQ3S3MzV3NGaUU3VU5ld2JlWVhkUXZGRkZZWGVCRWpieTZiVmxrRjhKdks3anp2c2FLamJZLW85UnF2eHZMQkVHSUlSMUZVaTlxYko5aXp5TDAwNlBrTXc5Q084YlVITmptbzVydFczcEoxQnBEZVFVOTQ4T042TG9YZDJ3dkk0SmI3T3dLVmZfZHc?oc=5) · CCX Media -
- 2026-08-04 [New Horizon Academy opens flagship school in Brooklyn Center - hometownsource.com](https://news.google.com/rss/articles/CBMi8wFBVV95cUxQVWZJRVlncmVQRjJLdWFhbFhvXzN6dmJwdzRaYzZkTXFyUS1DVHZ5d1IyMUVaMU1TeHVUQ3BlR2dtSXdOSUFiT01ubExHMmFRb1dIXzltR01LajFSdGE3M1dQZ3lBVlRWOU8xX1RNU2FNTE1XaFhaRGxyNE9JUGZtVjU1cUpjbjF6dVgwZnA0YlBpRzV0ZUZqbkpwa3BhOFBlTVA2MGFPRDIyODlSWGVPTDFMTVpRN2VBYlBlZnNMVGt3aVNSNHNlWFZDbjNnS0hSajh6bXZ2cVVOMVI5NmVGcE9qWW5DWFZFVVN4blgxd0FZVzQ?oc=5) · hometownsource.com
- 2025-08-22 [New Horizon Childcare Expands in Brooklyn Center - CCX Media -](https://news.google.com/rss/articles/CBMigAFBVV95cUxPQzc0ODBYUVJMeXJvVEFHa2lPTExXdWxnemcyV2xYTDFRRk10YXJ6anY1dnpSLWVLNkpBdFhnal9ITFZlLXJCaTdCdmFfeFZ6eEF3UVl5YXZaelgxLV85OUlyU2ZQdVA0YmtkR1lPRUY3RnhqbVpPMlR1eWZLbFZIUQ?oc=5) · CCX Media -

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24656 (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/16.json (key "24656", 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=24656
- 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