# SELECT EMPLOYEES
Sterling, IL · NCUA charter 60531 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/select-employees-60531

Who the members are: state charter, organized 1957. 5,836 members of 8,000 potential (73.0% of the field); checking penetration 55% (share draft accounts per 100 members); loans per 100 members 2283.

**Verdict on the desk:** this could be *auto monoline*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $78.7M |
| Members | 5,836 (2.6% YoY) |
| Full-time staff | 14 |
| Net worth | $9.7M |
| Net worth ratio | 12.3% (p44 of band) |
| ROA (annualized) | 1.61% (p88 of band) |
| Total delinquency | 0.10% (p12 of band) |
| Net charge-offs (annualized) | 0.18% (p42 of band) |
| Loans / shares | 69% (p67 of band) |
| Cash / assets | 36.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.48% (p40 of band) |
| Operating expense / assets | 2.83% (p25 of band) |
| Vehicles % of loans | 62% (p79 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 60% (p78 of band) |
| Vehicle delinquency | 0.12% (p18 of band) |
| Vehicle NCO | 0.00% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 25% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 88% |
| Certificates % of member funds | 3% |
| Average share balance | $6,840 |
| Participations bought / yr | $2.9M |
| Participations sold / yr | $0 |
| Participations outstanding | $5.8M |
| Loans outstanding per 100 members | 2283% |
| Loans granted per 100 members, annualized | 778% |
| Average loan balance | $358 |
| Loans granted, annualized | $15.7M |

## Participation posture (from the same filings)

Bought $2.9M and sold $0 in the latest annualized quarter; $5.8M outstanding purchased (59.6% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 8.4% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, capital below 7% |  |
| 2016-06 | 4 | delinquency 2x band |  |
| 2016-09 | 2 |  | capital below 7% |
| 2016-12 | 2 |  |  |
| 2017-03 | 6 | capital below 7%, net worth falling, charge-offs p90 |  |
| 2017-06 | 1 |  | delinquency 2x band, capital below 7%, net worth falling, charge-offs p90 |
| 2017-09 | 2 | delinquency 2x band |  |
| 2017-12 | 1 |  | delinquency 2x band |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | delinquency 2x band |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 1 |  | delinquency 2x band |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | delinquency 2x band |  |
| 2020-03 | 3 | delinquency rising |  |
| 2020-06 | 5 | net worth falling, margin squeeze |  |
| 2020-09 | 4 | charge-offs p90 | delinquency rising, net worth falling |
| 2020-12 | 3 |  | charge-offs p90 |
| 2021-03 | 4 | net worth falling, charge-offs p90 | delinquency 2x band |
| 2021-06 | 3 | delinquency 2x band | net worth falling, charge-offs p90 |
| 2021-09 | 3 |  |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 3 | delinquency rising | margin squeeze |
| 2022-06 | 2 |  | delinquency rising |
| 2022-09 | 1 |  | delinquency 2x band |
| 2022-12 | 2 | delinquency 2x band |  |
| 2023-03 | 1 |  | delinquency 2x band |
| 2023-06 | 2 | delinquency 2x band |  |
| 2023-09 | 2 | delinquency rising | thin capital |
| 2023-12 | 0 |  | delinquency 2x band, delinquency rising |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 3 | margin squeeze, delinquency rising, auto monoline |  |
| 2025-09 | 2 |  | delinquency rising |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 | net worth falling | margin squeeze |

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

- 2026-04-23 [Sterling Municipal Band schedules spring concert for April 24 - Shaw Local](https://news.google.com/rss/articles/CBMirAFBVV95cUxNOXRTQl9sQUp0VHE0QXNLWlBha1ZGUHRWYjNFMWUySFMwXzF3M1Fram00U2NKS0dqNGNlRjZPamg2Y25EY2FUTTZoY0ppMUpCRk1kYWR2cEZwWlFLZVdDNEdjZXc4LWNJU2R4OVJTNFpkaEhQSjQ2MzFwVjV0Q3RLM3Z5Yk9Ta0pqcWROc0tuQWt2dFJMNXNUdEdPMDlkeGU1Z05kLTBYT2lWNU9u?oc=5) · Shaw Local
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity
- 2016-12-18 [David Haak Obituary (2016) - Sterling, IL - McDonald Funeral Home, Inc. - Rock Falls - legacy.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxNM3R5UzRCV1dfcVBBUTc0Ykc5dVdfNGlndU5Sdjh6Y0ZxWGlSNnQzdnJoclFjdDlURWtBSnZxV0NEU0wtajMxdURac3c4cFJ4OWpZY0x2bkxnRzlQWDhQckxzcjNqU0hKWEJoUkw0WDFPVWY1LS1xY191ZGZHTGdDMg?oc=5) · legacy.com
- 2026-07-13 [Sterling Street Fest set to bring music, makers and family fun to downtown July 25 - Shaw Local](https://news.google.com/rss/articles/CBMiywFBVV95cUxPMGlwR2djX0FUNFJYeEc3dHcxQWdtR1MxYmxnUlZMWkNFS24yWkNvYU1FNG85ZFk2akpzWU9TU3YtZWFVM3BtaWxrWUpWYUZOX1BtMjFrbXVkQTJ6SlppN1plUDhYVFhMQzEyNzA3MTRXSXM2N0N2OUdYZTlQalNJOEZRekpJcHdtZVVwQXNnVTE1TWRPWHBETjFLa1l5RUdwdzhZaTJWdFBjUEZKQXJLNE5rMHFGYlN4VjEyMERoVklka2xuLUl3LTRyaw?oc=5) · Shaw Local
- 2020-05-28 [Amy "Scoot" Schutt - legacy.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxNb2R0X0NISU1JejdaTFBsS1pjZU9QUlQ5MklTWmViX0NsV3lyeUhMcnlTS2hmZnVIeXE5a3ZnaWtqbkNuSHoyeUNPMWdnejBkTC1vQ2Z5NzVvWVcwS09FQTN0Wk1rVDRCN1F5TjlJQWlkVnN1VC03cG1tYjlVM1RjMV9EN0V0WlhHdlFueTF5OA?oc=5) · legacy.com
- 2025-05-16 [Sauk Valley’s favorite businesses honored at Mad Water Saloon - Shaw Local](https://news.google.com/rss/articles/CBMirwFBVV95cUxNVU80Tk1FdlhTWG50MDBOWkF2c2p0dFhxNWNUeEJxZUg3bXVqa1otNVBkVXJCTVhPQi1KYjVJMzRuelBNYUI0RndtTVZCNkJnNW5fMnlVcWl5YjI2Wkw4X19SbVRrZW9CTnNoNlpndzhZSjhyTWFvcW5JUTVfb1FNMWMzV3RINlAyRjQ1ZDktSFhtUkJINlNTaHlpU1hsU1pLbU5kaklWalc0bTlUZjY0?oc=5) · Shaw Local
- 2020-09-19 [Property transfers for Sept. 4-11 - Shaw Local](https://news.google.com/rss/articles/CBMihAFBVV95cUxPWUNZclhJSGNwLWZOVTVoV1R2OGpnSXB6VGNLcVJDU0dvVGluT251TWhST2NXVUJ6S3oweWpTRHdMLVdSb1ZtOWszTlN1Y1AtNkNjLWFpdHlQTkpPdlhqd0UyMUhUTXdxdHBtZmlFSW9tTVB3LXFXVmQ1eXJ6X0hzSjBEZDI?oc=5) · Shaw Local
- 2019-01-25 [Property transfers - Shaw Local](https://news.google.com/rss/articles/CBMickFVX3lxTE9qWWcxR0FhdXBQbmxEQTI3WVBIemN5UWMxbDZPSkNHU3RaMkxnVW5ENGNhVFp5dDhIcHJpZmFBNHF6UU82ckwyaTd0TldIdk1ZeVVzMVpIVUhzWU1sUUJKaFplanpyS096LTRJRUd1Y3BPQQ?oc=5) · Shaw Local

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60531 (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/51.json (key "60531", 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=60531
- 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