# EMBARRASS VERMILLION
Aurora, MN · NCUA charter 4708 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/embarrass-vermillion-4708

Who the members are: federal charter, community charter, organized 1941, low-income designated. 4,836 members of 45,000 potential (10.8% of the field); checking penetration 73% (share draft accounts per 100 members); loans per 100 members 66.

**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 | $66.3M |
| Members | 4,836 (0.7% YoY) |
| Full-time staff | 17 |
| Net worth | $9.3M |
| Net worth ratio | 14.0% (p63 of band) |
| ROA (annualized) | 2.06% (p96 of band) |
| Total delinquency | 1.39% (p84 of band) |
| Net charge-offs (annualized) | 0.35% (p60 of band) |
| Loans / shares | 89% (p94 of band) |
| Cash / assets | 19.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.59% (p90 of band) |
| Operating expense / assets | 4.17% (p70 of band) |
| Vehicles % of loans | 43% (p52 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 1% (p56 of band) |
| Vehicle delinquency | 0.80% (p62 of band) |
| Vehicle NCO | 0.19% (p49 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 49% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 79% |
| Certificates % of member funds | 16% |
| Average share balance | $5,586 |
| Participations bought / yr | $2.1M |
| Participations sold / yr | $0 |
| Participations outstanding | $104,969 |
| Loans outstanding per 100 members | 66% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $15,729 |
| Loans granted, annualized | $15.9M |

## Participation posture (from the same filings)

Bought $2.1M and sold $0 in the latest annualized quarter; $104,969 outstanding purchased (1.1% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 3.6% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | delinquency 2x band |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | members leaving |  |
| 2017-12 | 1 | delinquency 2x band | members leaving |
| 2018-03 | 2 | delinquency rising |  |
| 2018-06 | 1 |  | delinquency rising |
| 2018-09 | 1 |  |  |
| 2018-12 | 0 |  | delinquency 2x band |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | margin squeeze |  |
| 2020-09 | 2 | net worth falling |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | delinquency 2x band |  |
| 2021-06 | 3 | charge-offs p90 | net worth falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 4 | net worth falling, delinquency rising | charge-offs p90 |
| 2022-03 | 3 | charge-offs p90 | margin squeeze, delinquency rising |
| 2022-06 | 2 | delinquency rising | net worth falling, charge-offs p90 |
| 2022-09 | 1 |  | delinquency rising |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 3 | delinquency rising, assets shrinking |  |
| 2024-06 | 0 |  | delinquency 2x band, delinquency rising, assets shrinking |
| 2024-09 | 1 | delinquency 2x band |  |
| 2024-12 | 0 |  | delinquency 2x band |
| 2025-03 | 2 | margin squeeze, delinquency 2x band |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 1 |  | margin squeeze |
| 2026-03 | 1 |  |  |

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

- 2026-05-22 [Groundbreaking ceremony held Tuesday for new Embarrass-Vermillion Federal Credit Union branch - The Ely Echo](https://news.google.com/rss/articles/CBMiygFBVV95cUxQdGZsU05RbkxkcFpfUTBsM19SNjIzM3BfOEE4dkdiQXpNR3ZrVVVhbEdUN2FZazl6MkVDeUhUeWZnOF9tZUMzRWNKRExjNVJpT3dNNmtTWE1pcEluWmZPTUxJM0pLS1I4bllxVXFscUN0eVNQSHAtRWhvQWRPdnlITmFqUW8tWUdVNVZNZC1aUzQ0YmF3dE9hSkxxTUZrQWhZblJtcDBHUklPbWphZXY3UGh6Q2VEcmk0QkJFZEI2c29TdUVPbVg2WXJB?oc=5) · The Ely Echo
- 2025-04-09 [America's Best Regional Banks and Credit Unions 2025 - Minnesota - Newsweek Rankings](https://news.google.com/rss/articles/CBMikAFBVV95cUxOUzh0Z3pCcmdqcXR3Vi0xQ0IzV0VKUGE3ZHpzRWVTcGpKSjFNMk5BZ2c0SnRCa1ZYRVlzd0dfX3ZlWVpDaDVhNXdGSXpERG0tZzN6VzRTRkp1ek50ZFJCei1sWHhSNXoxSlg0di1CMkpLUzliel9KS1dLWXMwOVdnaXpFcHJMUm9ydmxuMFpISDg?oc=5) · Newsweek Rankings
- 2024-12-12 [Christmas spirit on full display at Nelimark Homestead in Embarrass - The Timberjay](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQUGRTY0xtaXRWcUtielozZHFDaFpWcXdiSFRBWXhwQkhCZUJ4NlhFMFc3UTZ4elpRRmdYVzFSNDdsb1NkRkdWVlV6Y0E3QmwwUE9sNTQ4aDMxV0J1MGdVTUZMQWJGMUxMY2FRYzJUbkhEdzJxeHpuWXpyS0JRWXo4aDhMZ0dwdFlRZUNmT3ZyM0JZcjhCejdNTV9McVBOTnRleDVjRlUtdWNka2c?oc=5) · The Timberjay
- 2022-02-10 [Minnesota might soon get its first new credit union in nearly a decade - americanbanker.com](https://news.google.com/rss/articles/CBMiuwFBVV95cUxOS1owSGh0dEZUTGl0VFlvaXhvb1hTOXBDVTV5MTd1cnZxTTRxZThUQXpZVkI1bm1iemZZME1hS0FLLTFPbUtlVkhmX0RBdlJjOTRpbHVvczhCUk90OXJaZkNlblM4UnpBVkp5aFZHbHFLSHBTeGZGQ0NRenJWUDBWdFF1eTB0SkxqNXZpY0U3SG1CYWtJVXFtMkFOem11a21tWlNyNlRETnhreG1oOEdOVTVXX1lnU2JYbFlJ?oc=5) · americanbanker.com
- 2020-01-28 [Dean Miller Obituary Jan 28, 2020 - zmsfuneralhome.com](https://news.google.com/rss/articles/CBMiY0FVX3lxTE14NWVqXzVSOVVHOGowZXNCTFh5UVpDYWJpNVBrckVDdjlDNkJadXBULUpZWF9QNENVVEU3Nml4M2tnS0w1ck5kMEwxOTJnQ09UdVBSd3NLRmJZZU1JODFZeHh4Yw?oc=5) · zmsfuneralhome.com
- 2024-05-29 [June Swieringa Obituary (1944 - 2024) - Virginia, MN - Mesabi Tribune - legacy.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxNS3ZEZzg2NmRvdmVNSXgxRGNCRHhWRmRidWMwQWkxczdWT09uak1XdkdSM2x0MTJfdm5XMFo1MTBOSzdJNVIxSXFVUGpTeGNPUzZEeE9fZXdfeWlCLThBc0RycXZvOWJzNHFPblJBX1FWYjkwcEQ2bFBUcEkwUzRwM3Myd19udlNkZ2RLS0tDOEVoTlZkUFE?oc=5) · legacy.com
- 2025-05-16 [Sauna Day celebration set for June 7 in Embarrass - The Ely Echo](https://news.google.com/rss/articles/CBMijwFBVV95cUxPUEt5T2hIOFBvaENtLWEtUE9WN1N1NHh5Q0VoTlgyRno4dlZCMkxKMENsb1ppV2lKWmcwNGg3b2ExSjlrY0J0SVpwQkh2ZzZTeTlFSzVjYjZPMVkwT0Z4dnJNNEdHemxkRkdxd0o4cktOTHhyTTBBTWptdnZfZWV1NmJUbjdQejg5VUJIRFNLOA?oc=5) · The Ely Echo
- 2019-10-11 [Lakehead Constructors celebrates new Superior structure - BusinessNorth](https://news.google.com/rss/articles/CBMi5AFBVV95cUxOXzRiSVh0YlN2Q200NTA4Tkp3YUw0bS1ldDlKcVAwQWd5dlRzM0NUaFQ5VjZ6Sm1rU1k4WHg4NFdBaER0ZWVtTV95X3NtX0FIb0tNMllMWndIU1BJWFVMdktFdFFjQWxpWmJCbjdQWDA4NWJzTDA1VXBRZWxDRklxOVUtREM5ckVrWHIweVFWMjlVT0xSbW9OTnNzNERTeXJjLWlUVzAzLTdjQXB1ODFQR1JrT1RNTHdCUVE3dVNCalJFMXA2VGRhbFlWVmx5VUdkSXhVNFdyMlFOYVdSTjh4V0xfWkM?oc=5) · BusinessNorth

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=4708 (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/36.json (key "4708", 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=4708
- 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