# MERITRUST
Wichita, KS · NCUA charter 24914 · asset band $1-10B · 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/meritrust-24914

Who the members are: federal charter, multiple common bond, organized 1935, low-income designated. 123,247 members of 1,000,000 potential (12.3% of the field); checking penetration 65% (share draft accounts per 100 members); loans per 100 members 60.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $2.18B |
| Members | 123,247 (4.4% YoY) |
| Full-time staff | 358 |
| Net worth | $184.6M |
| Net worth ratio | 8.5% (p6 of band) |
| ROA (annualized) | 0.38% (p24 of band) |
| Total delinquency | 0.56% (p42 of band) |
| Net charge-offs (annualized) | 0.53% (p54 of band) |
| Loans / shares | 92% (p61 of band) |
| Cash / assets | 4.9% |
| Borrowings / assets | 7.99% |
| Net interest margin | 2.64% (p20 of band) |
| Operating expense / assets | 3.57% (p71 of band) |
| Vehicles % of loans | 42% (p79 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 71% |
| Third-party paper % of net worth | 266% (p77 of band) |
| Vehicle delinquency | 0.93% (p74 of band) |
| Vehicle NCO | 1.26% (p67 of band) |
| Repossessed % of vehicle book | 0.86% (p99 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 145% |
| Core shares % of member funds | 44% |
| Certificates % of member funds | 32% |
| Average share balance | $7,284 |
| Participations bought / yr | $1.3M |
| Participations sold / yr | $307.0M |
| Participations outstanding | – |
| Loans outstanding per 100 members | 60% |
| Loans granted per 100 members, annualized | 20% |
| Average loan balance | $22,140 |
| Loans granted, annualized | $980.9M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **repo signal** (`aq_repo`)
- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2019-09 | 4 | expense trap, loans>95% of shares, leaning on borrowings, 3rd-party paper>100% NW |  |
| 2019-12 | 5 | charge-offs p90 |  |
| 2020-03 | 4 |  | charge-offs p90 |
| 2020-06 | 5 | net worth falling |  |
| 2020-09 | 4 |  | net worth falling |
| 2020-12 | 4 |  |  |
| 2021-03 | 4 | thin capital | loans>95% of shares |
| 2021-06 | 3 |  | thin capital |
| 2021-09 | 3 |  |  |
| 2021-12 | 5 | net worth falling, loans>95% of shares |  |
| 2022-03 | 4 |  | loans>95% of shares |
| 2022-06 | 4 | loans>95% of shares | net worth falling |
| 2022-09 | 4 |  |  |
| 2022-12 | 5 | delinquency rising |  |
| 2023-03 | 4 |  | expense trap |
| 2023-06 | 4 |  |  |
| 2023-09 | 6 | margin squeeze, repo signal |  |
| 2023-12 | 5 |  | delinquency rising |
| 2024-03 | 6 | net worth falling, delinquency rising | margin squeeze |
| 2024-06 | 4 |  | net worth falling, delinquency rising |
| 2024-09 | 4 |  |  |
| 2024-12 | 5 | thin capital, net worth falling | loans>95% of shares |
| 2025-03 | 5 |  |  |
| 2025-06 | 4 |  | net worth falling |

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

- 2026-05-08 [Crime Stoppers: Man cons Wichita credit union and two customers out of $30,000 in cash - kake.com](https://news.google.com/rss/articles/CBMi6wFBVV95cUxNd1o3bzl0eGg3MkdPZG1QY0lBREJBWDd3bHJlZzk2d1ZtbnNJR3U3LTdsbWd5bkZFNVRLc2NqT3h4RkJ2SWp4OWo4N1h3elNrNWdKY2pJZWtfbV9tTWh2MWJlNEUwdXdsVEluX0xZWjZqQ19XTlZMdVVhMUZXMWo3bFhaWG1YUFhyNjFTNWxGTGZVWjAtWnNOQ2RxVG0xd2s2anhCR2JLcnFteEwxcmptVEM1aENGR2t3SGxlZlU5eWVtTDZicEFoVzhJemdpUW1PMk9GNDRMdWlnODZPTFl6ZzRoU3pKamZIREZz?oc=5) · kake.com
- 2026-06-24 [Former Wichita Council member Brandon Johnson hired at Meritrust Credit Union - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxNZERwR1p2SDhFWFpuWlQyTnlhUHo4WnpRVGNmTTVsdzQ2N05JYXl4dktZaHJqNWhxWHdCLWtka0UxZmVyaXJVNUFTUm5jTlRMcXl0Nm1Tbl9hcG9XcFhKSjM3clU5OFVpVzBCMnBfVGlLc0tXQzF2bE5OYS1wWTZ1OWhUbS1BN1ducHZJWHZ0NEZqd2ZfMG1iSmlINl9MVTlrcElneW9B?oc=5) · The Business Journals
- 2026-04-07 [Meritrust Credit Union expands Boulder presence - bizwest.com](https://news.google.com/rss/articles/CBMihgFBVV95cUxOTGdkUFY0UXE3S0dpMzM1eW5DOW1kWno4eFRIQ3dwbHg3SzQ3YzZQRTBnZEtTVDl1cDdla0pQcm9pa0RkbUR6TS1Zb2VqeVNOVC1zV0s4cjJKRnU1VG1kUWxNNnFMMmFWaXVIRFplNFJ4bGxEaFZGZS1kYy1GN0tqZXUtQ1lPZw?oc=5) · bizwest.com
- 2025-11-03 [Meritrust Credit Union Partners With NBA Player Christian Braun to Focus on Financial Education in Both Kansas and Colorado Communities - PR Newswire](https://news.google.com/rss/articles/CBMimwJBVV95cUxONEpHU2VZRkRWR2ktV0I5RzNsTXZJUEh3dWVsdWlhVEc2NjFIZWQ4aGJnM0JaMHEzSk15VVR1a1BMN3pvRUZLOXd5cjd5VWh1UmZKR2pHeW45enJnaS1iSFlfSVRGdklFTFNyQzdfMW0zakxFREZET2ptQmVXdUNZY1ZKSzlDd3QxTldmdG1MalVGNnlRV21sYTdpczVrRTdEM0JLTGJpLVYxeEhyMU5adUQ3U3JfTXFudlBGdmhvOUFPM1VjZzBpNm85ZGRJeXA4ZDhLYjlINEQ2U2ZXVlQxaHlmbU9TU0hyWWR0WW15NmNnNGV1aDNGUENHSDV0cXd4WHI4LUlwd3pJVXFXQmlzVTJRWEV4Z2c3QW1V?oc=5) · PR Newswire
- 2025-07-29 [Meritrust Credit Union’s to merge with Premier Members Credit Union - WIBW](https://news.google.com/rss/articles/CBMinAFBVV95cUxOUERrQzBvcTc1SS15N2FRYnBQV0dPT090aXpySWl6R3c3bmw5VlRSZWJLYTBjRjhVd2wzTmpYbkZ3T0FyV1hfVk5NdDNfU2VZNGg5T3p4LUxMd0VQVDR6QWJZc1NPemU5UUtCSjAwZHVsZ1FFV1RrM0t2aHhUVWlzdXlsWFVWSlY5ejVkeHJWSXRtSHJzY1RxOExMNU3SAbABQVVfeXFMT0ZPcVZyUW1hdmpodFZveHoyQlJZQmVlUzBzNUNjdEJtblpzR2s2SHZkMzBBYk4zanhJemZkZXAzOXFMS3FhZzc5Q0pSWUFROUdTX3ZTdVNVY0dMZW1nemxNZURrTnVXbjdUSHB0eDJFdTZnVUhXcUg1QmV6Z215NnNhZEVLVW1RTHI1Y0plUk5NcDUzczZhdFgzR25CMHBvNk05Ml9rMmk3UGxyQTFENHo?oc=5) · WIBW
- 2025-03-06 [Kansas Athletics and Jayhawk Sports Properties Name Meritrust Credit Union the Official Credit Union of the Jayhawks - Learfield](https://news.google.com/rss/articles/CBMi5gFBVV95cUxPMVNtbGs4Z2pCeFJZOU5nS05qSVMyazNTRVdnMmpiLUU4blhTX183WVFhTG9uM0lWQUNXb0xwVzB4M3VtTEs5RXNvSTZzNUE1SXJjZmNZMlN4TF8ta2Z1R1RuUkstdDBPS3NmT3RfdE5ldDA0eUxPdnR6WFJwMG8teUY4a1dRSHpsUE9yTk9RY0RMbWdsNm50cTZWbUdZWG1JenA3bWI2elMtVmt5bmJ2NGJmOC0zX1FScGQwdFloV0tVNmxqa05Pb3BlZXVnYnlNZGd4cmJTTU5JRUFLbzR4aVJ2TG1mQQ?oc=5) · Learfield
- 2025-11-04 [Meritrust Credit Union invests in its new territory for NBA partnership - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxOLWQyWERMcTFOQVoxQ0g1ekJOQ2tRbUFFSDRrUlJrVFhCb19zaEx0bGFyeEs0OUtxV0E2YzZWZ2o4NVFUeThpWjBTRS02b21UZkZUaDNSMGlWV0ZmNko1MElvai1lOFZaOXZYVUowLXJJSEJMR1lxMVludDNPaVhnc1U2cm5EU1pqZ1BaWjJoWkZQdDItd095ajZSYzU5b3JPNEhFWg?oc=5) · The Business Journals
- 2025-11-18 [Wichita police notified after skimming devices found at two Meritrust Credit Union locations - kake.com](https://news.google.com/rss/articles/CBMi_AFBVV95cUxORVBmMGhsVV9jR1RqeF83bks3empXZDVJRU9maEhtZS1HaFpxQVRnX0FWbE1nd1RTMjVVbTRaaHNWNGZVNXV2R3JBb0ZHSmF4QTJOTWRnUnJyM2RkR3BlNzZKR1Bha2FxSlNaQ2tYakcwczBwRl9qdjBrMmR3NGo1MGs4MWhqa2tGQ2ZqQUN6YlRFYXEwN1VfQmdSLUVEQ1Z5c1BVQWxIT3Zic2hXdmlNRUxnaGR5RFNVUWowZWl0cUI3d3Y4MkUyeXdoTVRwVGFfWGNCOURYSFhxRmFzcmd4aDQ5dVFDN2lJZzc0V3UzaDFJX0ZUa3JzejltblI?oc=5) · kake.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24914 (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/18.json (key "24914", 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=24914
- 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