# METCO
Cedar Rapids, IA · NCUA charter 60013 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/metco-60013

Who the members are: state charter, organized 1957. 3,282 members of 1,037,068 potential (0.3% of the field); checking penetration 77% (share draft accounts per 100 members); loans per 100 members 39.

**Verdict on the desk:** this could be *fortress*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $58.2M |
| Members | 3,282 (1.6% YoY) |
| Full-time staff | 7 |
| Net worth | $10.6M |
| Net worth ratio | 18.2% (p86 of band) |
| ROA (annualized) | 2.18% (p97 of band) |
| Total delinquency | 0.25% (p24 of band) |
| Net charge-offs (annualized) | 0.11% (p34 of band) |
| Loans / shares | 71% (p69 of band) |
| Cash / assets | 37.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.39% (p85 of band) |
| Operating expense / assets | 2.62% (p19 of band) |
| Vehicles % of loans | 23% (p20 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.72% (p59 of band) |
| Vehicle NCO | 0.00% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 54% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 59% |
| Core shares % of member funds | 59% |
| Certificates % of member funds | 23% |
| Average share balance | $5,594 |
| Participations bought / yr | $812,608 |
| Participations sold / yr | $0 |
| Participations outstanding | $6.5M |
| Loans outstanding per 100 members | 39% |
| Loans granted per 100 members, annualized | 19% |
| Average loan balance | $25,743 |
| Loans granted, annualized | $7.8M |

## Participation posture (from the same filings)

Bought $812,608 and sold $0 in the latest annualized quarter; $6.5M outstanding purchased (61.0% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 3.2% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | net worth falling |  |
| 2017-03 | 2 | delinquency rising |  |
| 2017-06 | 1 |  | net worth falling |
| 2017-09 | 1 |  |  |
| 2017-12 | 0 |  | delinquency rising |
| 2018-03 | 1 | delinquency rising |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 0 |  | delinquency rising |
| 2018-12 | 1 | delinquency rising |  |
| 2019-03 | 0 |  | delinquency rising |
| 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 | 1 |  | net worth falling |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 | delinquency rising | margin squeeze |
| 2021-09 | 1 |  |  |
| 2021-12 | 0 |  | delinquency rising |
| 2022-03 | 1 | delinquency rising |  |
| 2022-06 | 0 |  | delinquency rising |
| 2022-09 | 1 | delinquency rising |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 0 |  | delinquency rising |
| 2023-09 | 0 |  |  |
| 2023-12 | 0 |  |  |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2025-04-14 [David Hamer - Cedar Memorial](https://news.google.com/rss/articles/CBMiakFVX3lxTE9ZR0otZlJKbXZkOGdMUlVkV2VFQVZsZlprWDhpT1ZDUzRvY2c3N2ZaUENYNmJHSWZjU3J4Tlh0SUFudDlBeGhvQlI4RGZyU1UtUWI1aUEwbFFhb0JQOVcxdjRrRnFXem5vUVE?oc=5) · Cedar Memorial
- 2018-11-12 [Judy Ann Joyce Obituary Nov 12, 2018 - Murdoch Funeral Homes & Cremation Service](https://news.google.com/rss/articles/CBMiakFVX3lxTE1zcFNQOGtjb0JraWtoblFKVGVEZTJCOVliT3pUelBveFRKU2ZLYmktYkpUMl9tOFkwZjVDQktmeEpRY3A3Z3ZSQzEyUHp3c045OWxlaU80dGJXRVN1a2VpMzZuNTNDTWo5eEE?oc=5) · Murdoch Funeral Homes & Cremation Service
- 2026-06-28 [Iowa City and Cedar Rapids Business Notes for June 28, 2026 - thegazette.com](https://news.google.com/rss/articles/CBMi3AFBVV95cUxPQkNJSjY3T0NZaTVyc0NwWVNMdzFEODNER3NpN05zbHQ3UHV5Q2R3OFlsTGlNbVAwNjBfcW1hTi1ObGx0NUpueEZzUWd6Nm1fUThBQTg4OEx0ckt1VG1IX0ZwWklXdWFWay1rQko1a0tEbi11N2FnOGJsbm9xdVBTaTMtSkRwTG5lNE8xeEY3MDhPYy1XTkJlY2pKZV90N3E2S3JWSlZTbUM5NEtBUFpyS0hPRm5mNno0Z3hJVVVlaGxwQThrWFRrZnBKWXNGNDJIdFpub2tLdVFtcmdO?oc=5) · thegazette.com
- 2023-04-09 [Rose Mary "Rosie" Moyer - Cedar Memorial](https://news.google.com/rss/articles/CBMifEFVX3lxTE1wWFNXNlN5T1FCeUUyMjFJVWRkNGY0MkZvQUtucG95MjdORjYwVnVFenJpbzNNNkgzYlhxSlVhYzRhSnZuanVmM3lrd2dKdVFIck90b205amg1bFN0aENJVXZhYmhfV3Fna1QwUFYxZWU0VldNcUNjQVR3Nnc?oc=5) · Cedar Memorial
- 2009-08-25 [George Milton Depoy Obituary Aug 25, 2009 - Murdoch Funeral Homes & Cremation Service](https://news.google.com/rss/articles/CBMickFVX3lxTE5VRldVVjhtQUpxUWY2NE9Zd2VxckFGMFZYYUZRd0o4TGdiS2t6al9uRkRfaG9aWWI5YVo2cVdidHNuSXJhYlFUNW4tRFJDMEFsY290cXlYc3hCb0hQTUZnZzlQdW80UlNkQ3Z4cVZ0OEZLdw?oc=5) · Murdoch Funeral Homes & Cremation Service
- 2022-07-02 [Madonna Moore - Cedar Memorial](https://news.google.com/rss/articles/CBMibEFVX3lxTE04ZGd6U1BLME9NVGtmOGp2VVlFSHEyc1NQam9GOElzQzVidllkaGowRUtRQVVXc0NzMEVrSWtjV3N6c0hpOXVGQ3JnWGxjRWc3eW9GeGZ3d3hVbnFmTDJhVHV5ZkFvZ1JCeHpzQw?oc=5) · Cedar Memorial
- 2014-09-26 [Robert "Rob" Provencher - Cedar Memorial](https://news.google.com/rss/articles/CBMifEFVX3lxTE1sZTl4eFhLTEVqOWYzOU1MMUFrY0ZmSGNzeHFQTko4RkdGYngyNThnV3J2bHBXSmNNXzNzbUJ2S3FScWd6cnY3S3YwWkJSQndhcGVENXNpV2E2di1FQnpZZlk4VVB1UFY0LXI5WjNySDVuMURST09JZ2JjRTg?oc=5) · Cedar Memorial

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60013 (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/45.json (key "60013", 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=60013
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide