# FARGO VA
FARGO, ND · NCUA charter 288 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/fargo-va-288

Who the members are: federal charter, multiple common bond, organized 1935. 1,493 members of 3,000 potential (49.8% of the field); checking penetration 42% (share draft accounts per 100 members); loans per 100 members 42.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $14.2M |
| Members | 1,493 (0.2% YoY) |
| Full-time staff | 3 |
| Net worth | $1.7M |
| Net worth ratio | 12.3% (p33 of band) |
| ROA (annualized) | 0.96% (p68 of band) |
| Total delinquency | 0.00% (p8 of band) |
| Net charge-offs (annualized) | 0.00% (p22 of band) |
| Loans / shares | 61% (p54 of band) |
| Cash / assets | 46.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.27% (p66 of band) |
| Operating expense / assets | 4.23% (p65 of band) |
| Vehicles % of loans | 56% (p42 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% (p16 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 22% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 5% |
| Core shares % of member funds | 57% |
| Certificates % of member funds | 8% |
| Average share balance | $5,473 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $40,466 |
| Loans outstanding per 100 members | 42% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $11,890 |
| Loans granted, annualized | $2.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $40,466 outstanding purchased (2.3% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 1.9% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | delinquency rising |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | auto monoline |  |
| 2018-03 | 1 |  | delinquency rising |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | delinquency rising |  |
| 2019-03 | 3 | net worth falling |  |
| 2019-06 | 2 |  | net worth falling |
| 2019-09 | 1 |  | delinquency rising |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | losing money, assets shrinking |  |
| 2020-06 | 1 |  | losing money, assets shrinking |
| 2020-09 | 4 | net worth falling, losing money, margin squeeze |  |
| 2020-12 | 3 |  | losing money |
| 2021-03 | 4 | losing money |  |
| 2021-06 | 3 |  | net worth falling |
| 2021-09 | 2 |  | margin squeeze |
| 2021-12 | 4 | net worth falling, margin squeeze |  |
| 2022-03 | 2 |  | net worth falling, margin squeeze |
| 2022-06 | 2 |  |  |
| 2022-09 | 1 |  | losing money |
| 2022-12 | 2 | losing money |  |
| 2023-03 | 1 |  | losing money |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 | assets shrinking | auto monoline |
| 2024-09 | 1 |  |  |
| 2024-12 | 0 |  | assets shrinking |
| 2025-03 | 0 |  |  |
| 2025-06 | 1 | delinquency rising |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 0 |  | delinquency rising |
| 2026-03 | 1 | net worth falling |  |

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

- 2025-07-22 [‘Micropreemie’ unit opens with help from local co-op - news.sanfordhealth.org](https://news.google.com/rss/articles/CBMilwFBVV95cUxQN256RG5JYUszRHVBbmZ1eDdkT0ZxRmFNdVY1S0h6X25Ia1FmWjFteWNILVQyMnZWY1kxY0xBalduenNsSThyd2FFSXViLWFMSmxXR09xNmhJYTEzTGtMcHhhaWRMV0JFOWhUY0xqZ0xudU9kRFQ4bmlZc1BoalBTQjI2ZzQxRnFoU3JZamdodm5CZkhQVUtn?oc=5) · news.sanfordhealth.org
- 2024-11-30 [Best Credit Union - InForum](https://news.google.com/rss/articles/CBMiX0FVX3lxTE0tTHVFOWpNMEVWVHp0SVNyaENneDQ4cHNDLUlhdWNhYV9LRmpHZGdTVDI1Y0JONElvYXJaVG5wZ01faWczY2phdzhkbmlHYkdHRTllbHJHWjZ2bmdMRF93?oc=5) · InForum
- 2022-05-23 [Glenn Fogel - Boulger Funeral Home](https://news.google.com/rss/articles/CBMiXkFVX3lxTE5nQWtHMS1nWTV3NmR0T3VyYzRVNUFkYUFIUHVjcWVDNVU0bW8wQ09SRjVBNkdzR3RkSkcwM195M0hvUGxYVmxhaEpWV0t2UHB4VUVpaWJlUlM0QmJPZkE?oc=5) · Boulger Funeral Home

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=288 (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/32.json (key "288", 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=288
- 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