# NORTH STAR
COOK, MN · NCUA charter 60689 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/north-star-60689

Who the members are: state charter, organized 1939, low-income designated. 6,076 members of 287,887 potential (2.1% of the field); checking penetration 67% (share draft accounts per 100 members); loans per 100 members 51.

**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 | $112.7M |
| Members | 6,076 (1.8% YoY) |
| Full-time staff | 29 |
| Net worth | $10.4M |
| Net worth ratio | 9.2% (p16 of band) |
| ROA (annualized) | 1.05% (p71 of band) |
| Total delinquency | 0.19% (p14 of band) |
| Net charge-offs (annualized) | 0.02% (p12 of band) |
| Loans / shares | 85% (p82 of band) |
| Cash / assets | 17.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.23% (p81 of band) |
| Operating expense / assets | 3.88% (p59 of band) |
| Vehicles % of loans | 14% (p12 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p16 of band) |
| Vehicle delinquency | 0.00% (p3 of band) |
| Vehicle NCO | 0.00% (p8 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 58% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 141% |
| Core shares % of member funds | 57% |
| Certificates % of member funds | 29% |
| Average share balance | $7,536 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $160,150 |
| Loans outstanding per 100 members | 51% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $28,043 |
| Loans granted, annualized | $20.1M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $160,150 outstanding purchased (1.5% of net worth), $1.1M sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 2.5% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | loans>95% of shares |  |
| 2016-09 | 0 |  | loans>95% of shares |
| 2016-12 | 1 | loans>95% of shares |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 | net worth falling | loans>95% of shares |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 | loans>95% of shares | net worth falling |
| 2018-03 | 3 | losing money, expense trap, delinquency rising | loans>95% of shares |
| 2018-06 | 3 | loans>95% of shares | expense trap |
| 2018-09 | 1 | net worth falling | losing money, delinquency rising, loans>95% of shares |
| 2018-12 | 1 | loans>95% of shares | net worth falling |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 0 |  | loans>95% of shares |
| 2020-06 | 2 | net worth falling, delinquency rising |  |
| 2020-09 | 3 | margin squeeze |  |
| 2020-12 | 1 | loans>95% of shares | net worth falling, delinquency rising, margin squeeze |
| 2021-03 | 3 | thin capital, expense trap, margin squeeze | loans>95% of shares |
| 2021-06 | 1 | loans>95% of shares | thin capital, expense trap, margin squeeze |
| 2021-09 | 1 | thin capital | loans>95% of shares |
| 2021-12 | 1 | loans>95% of shares | thin capital |
| 2022-03 | 0 |  | loans>95% of shares |
| 2022-06 | 3 | net worth falling, delinquency rising, loans>95% of shares |  |
| 2022-09 | 4 | thin capital |  |
| 2022-12 | 2 |  | net worth falling, thin capital |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 1 |  | delinquency rising |
| 2023-12 | 0 |  | loans>95% of shares |
| 2024-03 | 1 | losing money |  |
| 2024-06 | 5 | thin capital, net worth falling, delinquency rising, members leaving |  |
| 2024-09 | 5 |  |  |
| 2024-12 | 5 |  |  |
| 2025-03 | 3 |  | losing money, delinquency rising |
| 2025-06 | 1 |  | net worth falling, members leaving |
| 2025-09 | 2 | delinquency rising |  |
| 2025-12 | 1 |  | delinquency rising |
| 2026-03 | 1 | delinquency rising | thin capital |

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

- 2026-02-02 [St. Louis County Sheriff’s Office seeks public’s help in Mt. Iron ATM theft - Northern News Now](https://news.google.com/rss/articles/CBMipwFBVV95cUxPRGhxOEMyS0hZRjFtbXo0QnJkX2RyUWhsZHhYZlVuSEx2Vko5dmM3NGZsZmdPWGkyb0Q4SUcyVFd4TnRuekk0cTVaZTJkM3YtRTVHRHB4Y0JHTDlBZ0EzWGpZdzRhY0VNazZzekVwb1RMMnozV3VwUUFXTjk4QlhzUnZPTW1wQWhTNkNDN2dZZDJ0a2ljUEU1MGFTRHhvWkhBWlh4T2pyNA?oc=5) · Northern News Now
- 2026-04-01 [Arrest in February’s ATM Jackpotting theft in Mountain Iron - WDIO.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxNWXlKTC14LURic3gxNHZYRUtKeVNlU3FVbk95dVlXNWp1bmVuRWZfd1RfM2h6QzFWMnE3REhDWTlkNFMwb29BZ3ZaOUNwa1hqcVo1OHJ1UHo3ZXJqQXd1eGdZcDhQTkdpT3U4bjVpNW15LVpqeHNHaHVCUldlVHRVNFJsblRHbnNUbmIzR2ZfV01MSExTZEpr?oc=5) · WDIO.com
- 2026-02-12 [Musical chairs or smart moves? Target alums react to C-suite changes - Star Tribune](https://news.google.com/rss/articles/CBMif0FVX3lxTE9sTmQwcHlDNmlScDZSbXUzV1pvUm5jQUp5a3dCRWVwd28zbDdNNnpjbXdlNndwQzdYUHphN3JQLVFzbUY2cXFyYy1OeWRvR2VrVVdmeGEyTXNJdEVSMW5HUWZEek5KclJ0RUtXWWZ1OTNISHR4emx5a2xfVWVZSE0?oc=5) · Star Tribune
- 2026-06-08 [52 credit union leaders earn CUDE designation in June DE class of 2026 - CUInsight](https://news.google.com/rss/articles/CBMisAFBVV95cUxPMWNHSl9CUXE1aFRCUGtabGttcW45OUVObFFuVTNXbC0zOUtTNURqZGFib2FPZ3VCUnQ1RlRNWjN6MzlUb1dNZUtoZTJ6VV9uZHA3RGIwTEZTeTVpR29rRTFRQ2twVjh5WThPTTRqSG5CZFhCNHZsUkhvS1gtbEdKcjBkTC1aVTh1SUZoX2tWUF83OGxfZHkzUzFieTRWZjJMZVFwNFFQSExndVhoUDU2ag?oc=5) · CUInsight
- 2026-07-11 [Rachel Kadlec Obituary Jul 11, 2026 - Thomas Family Funeral Home](https://news.google.com/rss/articles/CBMickFVX3lxTE9SMEo2NnJBMnhRamJVWHpVeExtMU12Z3R3alVzUDlRSkNVZnlidTBya21IbXFzWnp3SEp0cjJCV2ZheFdTc01vRUhSbl9VSnZBWEVsLTd6RWctNno0M3ZGR0lnel9Db3d3akV2X0VoS1paZw?oc=5) · Thomas Family Funeral Home
- 2024-05-28 [New board installed at Dakota Credit Union Association - Grand Forks Herald](https://news.google.com/rss/articles/CBMipwFBVV95cUxPNWtia09kVWlHcmw5Wi1Nd0VjYlAzZU14RDVMTnZhN2swZXQ3cXJtOGw3c1BFclRKRkE2ZWI2S0JRUHFZRkxXc3E3cEMtNEc2aDBLMG12ai1TOXpfa0J4RUgyZlYwMTktSVp0THpScFNzeFRDVFF5SWdiM3NqRy02anpLb01vWmZlUzBNSzkyb1o3TzlMZTMza2RhdXEtN2JVZFlJTi1WUQ?oc=5) · Grand Forks Herald
- 2025-08-03 [Jeffrey Thomas Ross Obituary Aug 3, 2025 - Rowe Funeral Home and Cremation Services - rowefuneralhomeandcrematory.com](https://news.google.com/rss/articles/CBMic0FVX3lxTFBTOHh0VWgzdTBoUm9nTnBjT18xLWZ3NjY2QWtCZ0NFdEgzRHdrOUVGZ29aaHhuM0ptTTRDaFdPWEwxNHB3UW9KckFMQmdVMHpmREtFNi1DVmpLa1EtSkpta1NwcExpVFRlazRHM21LWTlWeEU?oc=5) · rowefuneralhomeandcrematory.com
- 2024-03-09 [Star the Yeti is featured in new children's book on saving money - mesabitribune.com](https://news.google.com/rss/articles/CBMi6gFBVV95cUxOWEVFUVZBV1RoVnZTY2h3YVV5ZHRuZ3AxSE44R3lWT2xmdUV3TlpCZFNSTFd3MDJWa28weDh1VGZMRU43LWVvLTZtak0wNU1ObTFZbUdkMGc2U0ZuSVk1MzZEelJ1N1J3WWNKTlQ4YmpqcFlYTjFoTFJaclVsUEhsR2ZWVlJ6bjJUSmlSWTJEUTY3VkNGaTN0U2xFX21tZ2RjM1I1LUpFanE4a1FfUVd4Y0tVQ05BRjhpb0tlYWNIOGZ3ZUYzV05IQXBPcUN5ZlhQZUUzSXViOG80dVBNRElCOEhMbE1nb3h2YkE?oc=5) · mesabitribune.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60689 (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/17.json (key "60689", 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=60689
- 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