# CORNERSTONE
Freeport, IL · NCUA charter 60189 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/cornerstone-60189

Who the members are: state charter, organized 1939. 12,352 members of 742,114 potential (1.7% of the field); checking penetration 53% (share draft accounts per 100 members); loans per 100 members 1070.

**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 | $178.0M |
| Members | 12,352 (30.0% YoY) |
| Full-time staff | 35 |
| Net worth | $17.0M |
| Net worth ratio | 9.6% (p21 of band) |
| ROA (annualized) | 1.39% (p85 of band) |
| Total delinquency | 1.28% (p83 of band) |
| Net charge-offs (annualized) | 0.19% (p33 of band) |
| Loans / shares | 64% (p38 of band) |
| Cash / assets | 28.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.18% (p22 of band) |
| Operating expense / assets | 2.90% (p24 of band) |
| Vehicles % of loans | 52% (p74 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 64% |
| Third-party paper % of net worth | 319% (p96 of band) |
| Vehicle delinquency | 0.06% (p10 of band) |
| Vehicle NCO | 0.12% (p23 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 32% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 56% |
| Core shares % of member funds | 58% |
| Certificates % of member funds | 29% |
| Average share balance | $7,244 |
| Participations bought / yr | $11.8M |
| Participations sold / yr | $0 |
| Participations outstanding | $20.4M |
| Loans outstanding per 100 members | 1070% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $768 |
| Loans granted, annualized | $11.8M |

## Participation posture (from the same filings)

Bought $11.8M and sold $0 in the latest annualized quarter; $20.4M outstanding purchased (120.0% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 2.5% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | charge-offs p90, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 4 | delinquency 2x band, delinquency rising | charge-offs p90 |
| 2017-06 | 4 | charge-offs p90 | delinquency rising |
| 2017-09 | 4 |  |  |
| 2017-12 | 4 | losing money | delinquency 2x band |
| 2018-03 | 5 | net worth falling, members leaving | losing money |
| 2018-06 | 3 |  | net worth falling, members leaving |
| 2018-09 | 3 |  |  |
| 2018-12 | 4 | delinquency 2x band |  |
| 2019-03 | 5 | net worth falling, delinquency rising | charge-offs p90 |
| 2019-06 | 4 | charge-offs p90 | net worth falling, delinquency rising |
| 2019-09 | 5 | members leaving, loan book shrinking | delinquency 2x band |
| 2019-12 | 4 |  | auto monoline |
| 2020-03 | 6 | net worth falling, losing money, margin squeeze, delinquency 2x band | charge-offs p90, loan book shrinking |
| 2020-06 | 6 |  |  |
| 2020-09 | 6 | delinquency rising | net worth falling |
| 2020-12 | 4 |  | 3rd-party paper>100% NW, losing money |
| 2021-03 | 4 | thin capital, charge-offs p90 | delinquency 2x band, delinquency rising |
| 2021-06 | 2 |  | margin squeeze, charge-offs p90 |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 4 | net worth falling, 3rd-party paper>100% NW |  |
| 2022-06 | 2 |  | thin capital, net worth falling |
| 2022-09 | 3 | delinquency rising |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 3 | assets shrinking | delinquency rising |
| 2023-06 | 3 | delinquency rising | assets shrinking |
| 2023-09 | 3 | leaning on borrowings | delinquency rising |
| 2023-12 | 2 |  | leaning on borrowings |
| 2024-03 | 3 | delinquency rising |  |
| 2024-06 | 2 |  | delinquency rising |
| 2024-09 | 2 | delinquency rising | members leaving |
| 2024-12 | 3 | net worth falling |  |
| 2025-03 | 2 |  | delinquency rising |
| 2025-06 | 3 | delinquency 2x band, delinquency rising | net worth falling |
| 2025-09 | 3 |  |  |
| 2025-12 | 3 |  |  |
| 2026-03 | 4 | net worth falling |  |

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

- 2026-09-04 [TCCU Pana Donation puts PCH past $100,000 - The Breeze Courier](https://news.google.com/rss/articles/CBMikwFBVV95cUxNQ04xZFV3enFLQUw2V1hLV1h5X1FMRkVSMlRKNU92aU54WWktYkdxeVBIYl9TYURmd01DbWZ1a0VSd0NQVlpjTGdDWDN6LWZpcFZCNTdpc0NXOGo1bTB4N0VpT0pscVJkb1BpRHVKZ1hBNUdaQVd4cjJPTXl5Sl9USk1VbWtkanlfaUNTYU5aZlVmbWs?oc=5) · The Breeze Courier
- 2025-12-03 [Marquis data breach impacts over 74 US banks, credit unions - BleepingComputer](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNN25wV2ZwYk9ESjhEMGdsY1N4dXdSV2FBTUo2R21EX0JoODBvWlhTcVJ3TmtDdW5veDVucFZwS0V2M0Z5VGJsLVQ3MDJWQUpISFgtb1p6aWI0ZnE2MVdjTU8xXzZuclIwQ3ZGRVBCYl9jWXJjeURoNW9UM2hHay1uOElZSENqalFVWndUYV9xUjRnQ284QkpDSnJZNENHOHRfMnhDSnlSbXRzQdIBrwFBVV95cUxPNWZVaVhpYWZHQmVuT1ZWMUt1eTN6VjE1YnE5VC1wWWo0UE4xUG1BSmduNnBZckhtZE5ZTUFkQjdXa3dQS21JMHlIc015cEhsdkVfRzRsSU9YN3owcWFOcWNQQWJTcmxLcjJlYnRUYkd5UFBVclVVODdhVGQ0RTZVZjJDZlpiUWNQWjllcDBVcFQ0WW9qQ1dNNVY2TDNDeS11cU0xN2lNNHdnSG5mckE0?oc=5) · BleepingComputer
- 2023-08-15 [Texas federal court grants credit union motion for leave to intervene in lawsuit challenging CFPB final small business lending rule; new lawsuit challenging rule filed in Kentucky federal court - Consumer Finance Monitor](https://news.google.com/rss/articles/CBMi4AJBVV95cUxPRThFQnFGSnl0ejlEaFpkaUlpdzU2VVdqQkNqdXhFbDEtNzkyVEZGNm1rRmREa3l6LVI1cFdMVG9xaTQ4TTZpWjlueTNfU0dyYnJjcEN5WE9SZ1pldlpYeTU4R3J5S2plN0lIVm8xd2Q1S0VadU9SLUVSSTJ5aHNHOENKNFBpNHl3UnZqX0dXejZBbEJwNUV3YnU3dU9jTDFValpjSEpmMURseUdheDdSYWNOcmgxRkM5a1g2UEhfWVVQSzg5ZDA1TTEyRkVuSlV3dTJHeC01U2tsZGdrS1ljRTc4N3FHQU94R3NkTFEwS0xNeVBoZXllWE1PcFFPZ0MxTElnMllkMENGakpzY0I3dkhJc1Y4WXQzSEhFQXJRYm9QdW0yY1hWVU5PZXJtNnBxYzBuZ3BURTRtb1YxS29fck1tZGZWd2RONWl2ZXFtbTd6U0o1UFhQYVpaN0R1MjBy?oc=5) · Consumer Finance Monitor
- 2025-05-14 [NuMark Credit Union congratulates Michelle Balog on recent promotion - CUInsight](https://news.google.com/rss/articles/CBMirgFBVV95cUxQSDM0dV9oTVFPX2VuRjI1eFR4OGdwSHo0VVcxVk52UGtDeWxPQ2tJc0trUFJ0cmpJS2pWaC1DWXJ6azFhUmR0TEZkNEoxeUdMZnlaS1ZGdDlGMlR4Y3FOU2xtNloyOHVpMVVzNXBmYUZJdTNLekRPbVhVLUlpMkMtMHAtcE1aN2RGLVBQZDlKNTliMjdISFItdHBMbDZCUDFjWEQ5cG92WDlkUWtnTXc?oc=5) · CUInsight
- 2026-06-29 [Oak View Group & Mountain America Credit Union Announce Naming Rights Deal For 5,000-Seat Event Center At Draper, UT's The Point - Pollstar News](https://news.google.com/rss/articles/CBMi8wFBVV95cUxNeXRTeklsaXFHSVBrTVVvUUJsZ0gwX2tyU3U1MnpHLXVTUEdSaWwtRThqQldjdkcxQmZfZUZWVnZHRUdzUFlXSm11ZU1KY2xtbGJ5VGRTSlA4NXRmaWNZX1VUYTRuQTd5MWFmQTc4OHVGQmhtbWtOZ1VkOFU2a2ZCWDhXdVI0Q1hxeUwwaGQwbWhEQ0hTZUgzNFZrSTgyNFJnS1R3c25udFp4R1QtblpDbF9jWFlwM0hCcFE5RW5jWkhWVk9uREtxSGxDSkcwWVU1TzN0a3ZkU0M4YzJ2dkwxV0tCdEk2a2RtVTNBQ2Q4RDh6bm8?oc=5) · Pollstar News
- 2025-02-19 [Black Owned Credit Unions You Should Know - Shoppe Black](https://news.google.com/rss/articles/CBMiXkFVX3lxTE1rWVo2ZldNTEZ4XzlKSlVoaC0yaXlSMmd5dFI0cmpoU0Z3cG8wR0tvT2EtdkI4U1NfamlsT01adjM4RXlfWFRVWkh0RXVXTDc3SG5TVHIwWWJSUVpuVnc?oc=5) · Shoppe Black
- 2019-07-29 [Cynthia L. Carroll Obituary Jul 29, 2019 - Walker Mortuary](https://news.google.com/rss/articles/CBMiaEFVX3lxTFBIc1A5YkhaT2xRWllXNW1yT3hFYlZqQjZfLUxGbzhfajdDcGRlRG5uVVZpamRINjdXLWlaS0ZFV3VMa2xSbGFpdHA1OTJRWk4wMUJERUVFUkVScDBFZFloU1YzVE9nV2Vh?oc=5) · Walker Mortuary
- 2025-05-07 [CFPB, industry groups ask Federal Judge to kill bureau medical debt rule - Consumer Finance Monitor](https://news.google.com/rss/articles/CBMivwFBVV95cUxNRVhfQjJOc1ZsdHFFT2taVVU0ZExmQzNYeWswOXVaSDU2LVpIM1dzaFVFNjJqa3VOeDdBMFp6UEJGTElicFJad3E1ZzliLXBQSnBXM1c5dEZhdTkzTmJBUllFaTZKbnhJNF81b19MS19rdVdDc3pTR3RBNDNtNDBTbE5CalNncy05dUFaclQtbWhSWG5NNHN1NjhYaDZQaG91S3BKUEZENENVeko0VVJsaXRncHRuTU5HMGE2WkxMYw?oc=5) · Consumer Finance Monitor

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60189 (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/29.json (key "60189", 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=60189
- 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