# PRIMETRUST FINANCIAL
MUNCIE, IN · NCUA charter 489 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/primetrust-financial-489

Who the members are: federal charter, community charter, organized 1935, low-income designated. 18,575 members of 117,000 potential (15.9% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 73.

**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 | $265.2M |
| Members | 18,575 (-4.7% YoY) |
| Full-time staff | 71 |
| Net worth | $26.6M |
| Net worth ratio | 10.0% (p29 of band) |
| ROA (annualized) | 0.99% (p71 of band) |
| Total delinquency | 0.36% (p26 of band) |
| Net charge-offs (annualized) | 0.29% (p40 of band) |
| Loans / shares | 81% (p69 of band) |
| Cash / assets | 20.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.32% (p89 of band) |
| Operating expense / assets | 4.93% (p93 of band) |
| Vehicles % of loans | 54% (p85 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 68% |
| Third-party paper % of net worth | 267% (p89 of band) |
| Vehicle delinquency | 0.40% (p36 of band) |
| Vehicle NCO | 0.27% (p26 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 18% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 120% |
| Core shares % of member funds | 53% |
| Certificates % of member funds | 21% |
| Average share balance | $6,040 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $16.7M |
| Loans outstanding per 100 members | 73% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $14,224 |
| Loans granted, annualized | $53.2M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $16.7M outstanding purchased (62.8% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 7.4% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **expense trap** (`earn_opex`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | expense trap |  |
| 2016-06 | 2 | losing money |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 1 |  | losing money |
| 2017-12 | 2 | losing money |  |
| 2018-03 | 2 | net worth falling | losing money |
| 2018-06 | 1 |  | net worth falling |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 3 | losing money, members leaving |  |
| 2019-06 | 3 | repo signal | losing money |
| 2019-09 | 3 |  |  |
| 2019-12 | 2 |  | repo signal |
| 2020-03 | 3 | losing money, charge-offs p90 | members leaving |
| 2020-06 | 5 | thin capital, net worth falling, margin squeeze | losing money |
| 2020-09 | 4 |  | net worth falling |
| 2020-12 | 2 |  | expense trap, charge-offs p90 |
| 2021-03 | 4 | net worth falling, charge-offs p90 |  |
| 2021-06 | 4 | expense trap | net worth falling |
| 2021-09 | 3 |  | charge-offs p90 |
| 2021-12 | 2 |  | margin squeeze |
| 2022-03 | 2 | delinquency rising | expense trap |
| 2022-06 | 2 |  |  |
| 2022-09 | 3 | expense trap, 3rd-party paper>100% NW | thin capital |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 | assets shrinking | delinquency rising |
| 2023-06 | 3 |  |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 2 |  | assets shrinking |
| 2024-03 | 4 | net worth falling, delinquency rising |  |
| 2024-06 | 2 |  | net worth falling, delinquency rising |
| 2024-09 | 2 |  |  |
| 2024-12 | 4 | delinquency 2x band, delinquency rising |  |
| 2025-03 | 2 |  | delinquency 2x band, delinquency rising |
| 2025-06 | 1 |  | expense trap |
| 2025-09 | 2 | expense trap |  |
| 2025-12 | 1 |  | expense trap |
| 2026-03 | 4 | net worth falling, expense trap, members leaving |  |

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

- 2026-05-03 [PrimeTrust Federal Credit Union and Del Met Federal Credit Union Merge to Elevate Member Resources - Muncie Journal](https://news.google.com/rss/articles/CBMi0wFBVV95cUxObkJISldCX1N6R1VuTklkVXUtOENJc3I1ZlAwSHVkcmNvYUJ3b1lSVkx6dW4tUXhTOWt1M2hkV2ZoWmVMNzVJNy1zYzlXWTNtdE9BZ01neU92dTc3dHR6aE9DMkRwa2JSUng4eWlKTWgxamtNRDlvUHZtTDd2R1c5R09jdVZoQ28tTllqQnVaZVVTU2RHZGlSMTdSM1dEdUJPaGJGMWM1Z29VREZPTnBPemdibzh4WGJLSGY4YjVySTQzMmJtUjJMd1RLZU9jMEdzVkdJ?oc=5) · Muncie Journal
- 2025-06-26 [New PrimeTrust Federal Credit Union Branch Coming to Downtown Yorktown in 2026 - Muncie Journal](https://news.google.com/rss/articles/CBMiuAFBVV95cUxPNy16RzkydkI4U3VyZDBBUlpIM24zTEM0YU5KWnZSdE90TkRWMzYtUmRWLVZGc2RzVjJTSkVqcWlyNW1jcGxELUdVdmYyaGdySXlSSUdLeUlpNDh3OWtiSFpYSk1VV3ZQcFEyT28xQlhvcTZkZzRFRTh1M2VHMlRyelBvYldxOXIzTGxlRmVSVEpqdnVreVdLT3RjQXZ5dWRBby1RMGdWZ0ZBZG0tTWpkOE94eFlDTF9f?oc=5) · Muncie Journal
- 2024-04-16 [Ex-Muncie credit union employee charged with stealing $16,800 signs plea agreement - The Star Press](https://news.google.com/rss/articles/CBMiygFBVV95cUxOdFVhdkhMOG5PTEI2RVNRbG1OYlFFbWlmejNYb2syWUZoM19SOUZTVVVpeWplVk8yR2lkNThpVEdYMHlVT0ViYmxDS3hfTjdna1pmWkVkTlFKbmNzX2VLVEcySmF2WkFsZUg1SWZpTUllX0IxX3dMSDA0ZVRiZzVtZHFoSU5COG5vMkotLWFKRHpPSDN1TTVFakt4ZFR0OE82akhiQXFYRDRyY2ltWEpBekdMRHplc0tMZlpuWVJ3czhHWHg0Wm15ODdB?oc=5) · The Star Press
- 2022-09-20 [‘I f**ked up’: Muncie credit union employee stole thousands from customers - Fox 59](https://news.google.com/rss/articles/CBMipgFBVV95cUxNeWpWMXZTMXR1bkE2RDBIRmNnUkFFSWM1bmpqaTV1UTBvZkFuWVhaWnd2bjFiMUpNczk4a1RVRkhNSmZKLU4wNXh5SjlDLU1DdmRkc1JGYmdvN3p5cHdlLURJVnFER0tXZlpZTnVWdF9tUzNrZEVaNl9wNnVlb2hPQ3RQQUxWdUpXWVVjV2d1eWRIV2VIN0ZGcVpNUWNDWEk0RHdibUVR0gGrAUFVX3lxTE12VG1pdEVENVo5al9NclBqcW1nMmYwN1pVODEwTUNkNTRSRnR0UnJzZlBiLTlreXktMngxYklMazFTYUxuM0NzTzNkaEF3Y3ZGTW5Ha2h2b1NBenBGdlh6WlYzN1NoaC1BdlpGempLY3AxaFpsdUllMWM3M3A5VkpfZUdIX3E3RHh4MWRkZWlVV3dnZ0k4eVp1cEhJWVRaNUFKdEJZTXd0NEd5WQ?oc=5) · Fox 59
- 2016-08-13 [List of banks that support Apple Pay in the United States - 9to5Mac](https://news.google.com/rss/articles/CBMie0FVX3lxTE15UkVmX3k3aURqZXBKcFZCVTJuMEEzWTlLUEpQRDdTR25DQ2lPVXZGeEYycEVZcXl5RThsdlg3aUV6WHZFdWIzWDBUR2ZsT2FUcG1JWU5mbzJ3bVRUT0NjaEFFQXJaV0o1RklzdW03bzN2MXJoV3B1aFhEWQ?oc=5) · 9to5Mac
- 2016-04-20 [Apple Pay Adds 59 New Financial Institutions to its Support Rolls - mactrast.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxOWEhCbWhwZUVnQzVMM1BxbGhXVU0yNmNkTDNJRU9fQjdpUHdQLVFTZXFPLVdQd0l6dTRxaWlRM0VIbzhCNzIzSXhoVU41aFQ1MlpyY3lDVU42ZGhZbTRLeW1VTzRGU0NhRXdTOVNOQUE2WnBVTjJMZXNzTW9QZTV4VElrZVBTc1IxUVRQa0NKTnZWSFJKRHcw0gGcAUFVX3lxTE1PWkptdGoyQ3VBOXd6YUEtdENFbGV3dDlxWFYtZldoMVBkdWRkRFVwMjEzYnY1S1pQa18tdlBvVTlzR1ZQaVZoT05wXy1CZ0N1SHoxRDFMTWhfNmxTb0NQNnNQamVBUXlidGRtaUg2aWF3WndESFR3SDQtVU9FZU1JdjNWR2tqSGRzdUFCOGNUS3dNTEZheUFsSlppcw?oc=5) · mactrast.com
- 2016-06-10 [2016 Muncie Area's Finest winners list - The Star Press](https://news.google.com/rss/articles/CBMinwFBVV95cUxPMThBRWhVQzYycU8xTGRYRXQzOGV1N2FQeFVPSU1wamtoRUV5MTY5VFl3UkEwTWZVOEVKMjRYUW16TkxicGs0Zk5ESGtfaUsxdmczVHFDTVhGdU9jcmZkdFJIZHIxc0tXNUlwX1hQNm9Ia29wcVN5XzlES3pnLTYxMVZoaEstSWJRLTNVQTJwWEJKaDF2eXlfT1VxcGhoZzA?oc=5) · The Star Press

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=489 (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/41.json (key "489", 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=489
- 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