# ASSOCIATED HEALTHCARE
Woodbury, MN · NCUA charter 60466 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/associated-healthcare-60466

Who the members are: state charter, organized 1953. 12,306 members of 236,920 potential (5.2% of the field); checking penetration 48% (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 | $175.3M |
| Members | 12,306 (-0.9% YoY) |
| Full-time staff | 23 |
| Net worth | $23.1M |
| Net worth ratio | 13.2% (p68 of band) |
| ROA (annualized) | 0.52% (p38 of band) |
| Total delinquency | 0.53% (p44 of band) |
| Net charge-offs (annualized) | 0.35% (p52 of band) |
| Loans / shares | 82% (p75 of band) |
| Cash / assets | 15.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.26% (p27 of band) |
| Operating expense / assets | 3.16% (p32 of band) |
| Vehicles % of loans | 44% (p61 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 48% |
| Third-party paper % of net worth | 171% (p82 of band) |
| Vehicle delinquency | 0.54% (p49 of band) |
| Vehicle NCO | 0.70% (p61 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 45% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 10% |
| Core shares % of member funds | 46% |
| Certificates % of member funds | 19% |
| Average share balance | $6,979 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $3.8M |
| Loans outstanding per 100 members | 66% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $15,357 |
| Loans granted, annualized | $30.8M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $3.8M outstanding purchased (16.5% of net worth), $0 sold and retained. Sold in 0 and bought in 6 of the last 8 quarters. Shares 3.3% year over year.

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## 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 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | members leaving |  |
| 2017-12 | 1 | delinquency rising | members leaving |
| 2018-03 | 1 |  |  |
| 2018-06 | 0 |  | delinquency rising |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | members leaving |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | members leaving |
| 2020-03 | 1 | net worth falling |  |
| 2020-06 | 2 | margin squeeze |  |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 1 |  |  |
| 2021-03 | 2 | net worth falling |  |
| 2021-06 | 2 | 3rd-party paper>100% NW | net worth falling |
| 2021-09 | 1 |  | margin squeeze |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | delinquency rising |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 1 |  | delinquency rising |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 2 | delinquency rising |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 1 |  | delinquency rising |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2026-06-22 [AHCU is celebrating healthcare workers for Nurse Week, Hospital Week and all year round - startribune.com](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQUV9pN3hRaHoyRFFKSFZBZFB6Qm5EU3BEZS1Nbkp6VHo3cklvVDJBVXJ2YjhiajVyMnhzZFNXSHRWekk1QXJCUWJnbEEtbUFWSWI2UFNvelVGRXctaTNLMlFqeFJCVkFISlRxRzVOX3I0RXVFMlBRZElRT1h4TFM5VGY5emhSVjdHNmV4NW5yTWt2YTdxLTh1WkVEbzd5ZjZyYVRCT3B6dzJFYV9DakNSeVNOVWgzUXdLd3pHZWNjZUVLQQ?oc=5) · startribune.com
- 2026-05-18 [How a new lending program is tackling affordability challenges to put homeownership in reach for Minnesota’s healthcare workers - startribune.com](https://news.google.com/rss/articles/CBMi9wFBVV95cUxPb3RIUjBrUld2RHB2Z1Z6MnZOdzlsRWw0a2FhN2dFWkRvS2Foai1uZE5RRDN5YmZGcXBFbFNTNzNUVHRDNVlaZVZITmtzNlZVRkhzYkVVV1dXUmFCZndDRGk3S2hhTkRYLW8tTDYxX2FFNmd6WjhDS1hQdktoRENwbDJsVi1GSXZjdVZCUDMxaFVkcmVLN3c5c1RaVW5WTVhfaGhCSlZYdHM1WlI1UVZwSHdrR09mOU1neDd3SE5EeHNVMDJZREJwOEF4OEtpejJkWkJlLTJhZG5ZcnJVaE0yeFlrbThySkRGSGM5NndwU1NNSTFMc09F?oc=5) · startribune.com
- 2026-01-26 [Biz Buzz: Where St. Cloud's Who's Who of Innovators grab coffee, ideas and network - St. Cloud Live](https://news.google.com/rss/articles/CBMitAFBVV95cUxNbXZMeGVWMHYwLUcyeHZLUkRHLUFuaWRPbFpYWEVGenF2cGtsNk9BNXlVVjdiSWg4enpqWW92cEhFaTJzaGI3eTdZVFRSM1g1UnpNX3FPVXZYczkwVjNJM190dDlrUzBKYW1TeldVZkdPM2RTeGpuRUdaLURTZU1tWkJubnE5S05sb3VyQjc1UlJUVVdmYUZ0dGd0d0loS2ZGRVFKb2JjVXJoNk5jYVpROWJMQUE?oc=5) · St. Cloud Live
- 2018-10-27 [No Title - Rutland Herald](https://news.google.com/rss/articles/CBMioAFBVV95cUxNZmNLeXpfZ29jWi1hUG81X0lkODVTYi1wUG1lMjdiUTBiQVFMQUNMVmJCb3NTd1VkYnFhQllyaTM0bzdUS0l2SEx3b0k3QTB3YjhjeVU0aDRwbVF0ZnRCeE1zQ3p4MnZsRTNWeWl4YTdOdzlsZzkzdWotcUlFdk1rUFRrWDJ3SnBuQk53M3VGLVZQUmVha0x1X0ZCaGUwRnEz?oc=5) · Rutland Herald
- 2012-11-25 [Christian Hans Nielsen - legacy.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxPb3otenc1ZFd2dlBnd2ZfRmtyNzc4MWtEdzI1Q1VFSE1YSUhuZC1aeVRyRXpyWUhnNmhVUmJNQzJkT1Y0Mm5BOUlvSXpoc2RYSjRwNDJjVzlGX0pmUmhDaHB1SjcwZmVYdXNMVmV6SndzXzBnbUxzM0lCTjljSmt4U1VsSGFzVDlIVDdFRWJPSENkLW9nY1E?oc=5) · legacy.com
- 2014-09-06 [Stephen McCarron Obituary (2014) - Roseville, MN - Door County Advocate - legacy.com](https://news.google.com/rss/articles/CBMinwFBVV95cUxQc3BhVlQxQTRMTUtqWWxsdXVQRlRmQnh1QlFjRzhNUUNIdXQ2QjZiVkZBbHFkaGxmdHM0QW5pbE40M1MzR3VJUDlsUWlmSkF2NzNKLTJRY0c5NF9ZRERVaEFqTkZESGQ4ZkwxSUxtMUVBZS0weUkyeHlDRjBLVFY4bWowZnVZRzFVczBoYXJ3d09lX1NpYlhhLU9fcUU3eG8?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60466 (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/50.json (key "60466", 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=60466
- 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