# CITY AND COUNTY EMPLOYEES
Albert Lea, MN · NCUA charter 24679 · asset band <$50M · latest filing 2025-06 · stopped filing after 2025-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/city-and-county-employees-24679

Who the members are: federal charter, multiple common bond, organized 1950. 1,675 members of 4,500 potential (37.2% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 22.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $27.4M |
| Members | 1,675 (-3.7% YoY) |
| Full-time staff | 5 |
| Net worth | $2.3M |
| Net worth ratio | 8.3% (p7 of band) |
| ROA (annualized) | 0.09% (p23 of band) |
| Total delinquency | 0.00% (p8 of band) |
| Net charge-offs (annualized) | 0.11% (p48 of band) |
| Loans / shares | 18% (p5 of band) |
| Cash / assets | 44.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.01% (p5 of band) |
| Operating expense / assets | 2.57% (p23 of band) |
| Vehicles % of loans | 68% (p61 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p15 of band) |
| Vehicle NCO | 0.00% (p28 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 20% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 65% |
| Certificates % of member funds | 17% |
| Average share balance | $7,167 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 22% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $12,019 |
| Loans granted, annualized | $1.8M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, auto monoline |  |
| 2016-06 | 1 |  | losing money |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 4 | losing money, members leaving |  |
| 2017-06 | 3 | repo signal | net worth falling, losing money |
| 2017-09 | 3 |  |  |
| 2017-12 | 1 |  | members leaving, repo signal |
| 2018-03 | 2 | members leaving |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 1 |  | members leaving |
| 2018-12 | 3 | delinquency rising, members leaving |  |
| 2019-03 | 2 | net worth falling | delinquency rising, members leaving |
| 2019-06 | 1 |  | net worth falling |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | delinquency rising |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 2 | net worth falling | delinquency rising |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 4 | losing money, margin squeeze |  |
| 2021-06 | 2 |  | net worth falling, losing money |
| 2021-09 | 1 |  | margin squeeze |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | delinquency rising |  |
| 2022-06 | 3 | net worth falling |  |
| 2022-09 | 2 |  | delinquency rising |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 |  | net worth falling |
| 2023-06 | 3 | losing money, delinquency rising |  |
| 2023-09 | 3 | assets shrinking | losing money |
| 2023-12 | 3 |  |  |
| 2024-03 | 1 |  | delinquency rising, assets shrinking |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | net worth falling |  |
| 2025-06 | 5 | thin capital, members leaving, loan book shrinking |  |

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

- 2025-11-28 [Influential CEO of City & County Credit Union plans to retire - Pioneer Press](https://news.google.com/rss/articles/CBMipAFBVV95cUxPdXBrSmE1YW0tRjNURXNKSmZ2b2NURFJqelNBOHpHZzJwSGEtYmJVcmxVTnBjOUdZTnpkbWlHUG5GNWNPYmx6Z2h6Y01iR0MwcnZKZGNOMWs5cnlFN1E0STVRUWdjUkZ3RTNRMXpjOG1RbzhidU4wVXp3TUVJWENSTUJ4V1ZEU2UtbkxIVVk0RVdwT2VEWDQwaFhVeWo5UUM5Y2RETA?oc=5) · Pioneer Press
- 2021-03-29 [Thomas Kuzas Obituary Mar 29, 2021 - Dougherty Funeral Home Duluth](https://news.google.com/rss/articles/CBMib0FVX3lxTFBzZ2N2Q3dWVWxxeGtCamRzSVB4Q0hMRk5leGt4ZTRsajBHa0t5NVpLT3JxU0ZGSmo4NF9BX0tjTU9EMW4wQkRiOVlZS0dVTDBFZmZiMGo2ckNnZndzaGx5WmtPRkw1a1NLVkNRWFFfWQ?oc=5) · Dougherty Funeral Home Duluth
- 2024-07-18 [Obituary for Irvin L. Rubbelke - ohalloranmurphy.com](https://news.google.com/rss/articles/CBMiZkFVX3lxTE80NGxoSmhJcXZvVmNqYjlFRW0xekIwaW9sNHNHa1RwUE9BbWlaMVkwODNtVThuYWFNbkpmbV9pWmxIZE1SNy10ZWdwbkx5NGFiM1FjdVNHTmNIV1FGQWFtYzY0My0zQQ?oc=5) · ohalloranmurphy.com
- 2020-02-14 [Richard "Dick" Lindstrom Obituary Feb 14, 2020 - David-Donehower Funeral & Cremation Service](https://news.google.com/rss/articles/CBMicEFVX3lxTE9TZFVvUDFqcFpYcnZ3RWh1LXFQN0xEak5PUmxmdFp4dm9ocEsteWt4OUNONFRRT0lNSGlKZGVWYzVtSXlCZFowSzRYQmRUYW43RWttMEptVFhsMG5NT1VONEM1SHVOejR5b3JBVEJORXQ?oc=5) · David-Donehower Funeral &amp; Cremation Service
- 2019-08-08 [Kyle O. Olson Obituary Aug 8, 2019 - Bayview Freeborn Funeral Home](https://news.google.com/rss/articles/CBMiYkFVX3lxTE40STFVM0VhaC1QYTRhZnoxQkotMFlxbVYtQ1N5eTZBdTVaZS1KbWxBSjh2dEZPRzYyWlV6SmQ2Vlp2eWdPMFh0Wjk1YlZkV0FiRlFCcVNPVVFmN0E0TUcwSGVn?oc=5) · Bayview Freeborn Funeral Home
- 2010-01-24 [Biz Buzz for Jan. 25 - Duluth News Tribune](https://news.google.com/rss/articles/CBMib0FVX3lxTE5aTWtWRUIxTm16ZW5PcWFTRDF2RFNPdW93QlAyem10SmpHT0l6S0RZdTNsZnJjWGNzc1RiaGV3Z1RuaWJSRVktc3FCMHBlV0ljQmZqVmNCUVZrb3lTaUV2d2JCZ2QxaUJBWlVYaWdUZw?oc=5) · Duluth News Tribune
- 2019-01-25 [Jackie Lynn Williamson Obituary Jan 25, 2019 - Bayview Freeborn Funeral Home](https://news.google.com/rss/articles/CBMia0FVX3lxTE1CZU94dUNGRnc2TmJZU3RTU0RraGNOcUtSNXhQeEt1aFJHWmxUbFNWOUx3UGNQbWxLQmRHSHRLeTFyZFJ4MHZkdnozb1NFb0JsMEJjMTRzdVI0NlpLd0tpM3hPc2VJbWVzVlhv?oc=5) · Bayview Freeborn Funeral Home

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24679 (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/39.json (key "24679", 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=24679
- 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