# MUNICIPAL EMPLOYEES
La Porte, IN · NCUA charter 60693 · asset band <$50M · latest filing 2021-09 · stopped filing after 2021-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/municipal-employees-60693

Who the members are: state charter, organized 1938. 230 members of 350 potential (65.7% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 36.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.1M |
| Members | 230 (-14.8% YoY) |
| Full-time staff | 0 |
| Net worth | $206,130 |
| Net worth ratio | 18.4% (p81 of band) |
| ROA (annualized) | 0.69% (p72 of band) |
| Total delinquency | 3.81% (p91 of band) |
| Net charge-offs (annualized) | 0.54% (p84 of band) |
| Loans / shares | 68% (p78 of band) |
| Cash / assets | 29.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.70% (p88 of band) |
| Operating expense / assets | 3.76% (p75 of band) |
| Vehicles % of loans | 72% (p73 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p46 of band) |
| Vehicle delinquency | 4.18% (p94 of band) |
| Vehicle NCO | 0.00% (p30 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 14% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $3,937 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 36% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $7,455 |
| Loans granted, annualized | $433,177 |

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | delinquency 2x band, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 3 | net worth falling |  |
| 2017-03 | 5 | losing money, margin squeeze |  |
| 2017-06 | 6 | delinquency rising |  |
| 2017-09 | 3 |  | net worth falling, losing money, delinquency rising |
| 2017-12 | 2 |  | margin squeeze |
| 2018-03 | 3 | losing money |  |
| 2018-06 | 2 |  | losing money |
| 2018-09 | 2 |  |  |
| 2018-12 | 4 | net worth falling, delinquency rising |  |
| 2019-03 | 2 | losing money | delinquency 2x band, net worth falling, delinquency rising |
| 2019-06 | 5 | delinquency 2x band, delinquency rising, charge-offs p90 |  |
| 2019-09 | 7 | assets shrinking, loan book shrinking |  |
| 2019-12 | 7 | members leaving | delinquency rising |
| 2020-03 | 7 | delinquency rising | charge-offs p90 |
| 2020-06 | 6 | net worth falling | loan book shrinking, delinquency rising |
| 2020-09 | 4 |  | assets shrinking, net worth falling |
| 2020-12 | 5 | assets shrinking |  |
| 2021-03 | 4 |  | losing money |
| 2021-06 | 4 |  |  |
| 2021-09 | 5 | loan book shrinking |  |

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

- 2026-07-01 [Rockford Municipal Employees Credit Union merges with Rock Valley Credit Union - Rock River Current](https://news.google.com/rss/articles/CBMivAFBVV95cUxPVi1xMVo4YzZYM1k2UG5vczBCaHplWk80YXI5dVlCYzdWOVZ5UUZ4WUJCNE9ITXFKOHJjTmRqT3MyZFB1aUtncW9hc2dVdXdjTERFX1lyeW9KMzloZlBZUlk2ZXp4WVNBZUZDaExUYmpkR0RxWUY3SFE1c1VzWlVKSkFOZUFPeDVVRmE1WFhZOHd4WXpoTVVDa0NySWZreGpJMjByVHY5VmM0TUpVaGllalJ1eEtPV1ZScHVWdA?oc=5) · Rock River Current
- 2026-06-09 [GLCU is celebrating 100 years of the Chicago Municipal Employees Credit Union - WGN Radio 720](https://news.google.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?oc=5) · WGN Radio 720
- 2026-02-09 [Municipal Credit Union Promotes 60 Branch Employees to Expanded Service Roles - Business Wire](https://news.google.com/rss/articles/CBMizwFBVV95cUxQYW8ycDdiQlF2Ymc3WHBkU2U1Vlh2Rk4yVnZWWEVVZmVJeEFHTndKZmpuR3RjWElKVjV5SE5zbDNTeE9zcm9DY29hSkVScU9LcV95eEg3cm1rQV9OOVB6dzNfY3FsNnhvdi1uNU9iLTl2U2YxdTEwaDJXQ214VzhMd0ZLZXVWRkdXWUNEVFk2cmRzbVhnQ3RrVF83c3NOUThMTFllcF92clJQYkdJUkk0eDFzX0F4YXBPTFFvNlJLSnFfdVdFbV95VVNzcWZnMlU?oc=5) · Business Wire
- 2025-11-10 [Great Lakes Credit Union Completes Merger With Chicago Municipal Employees CU - CUTimes](https://news.google.com/rss/articles/CBMiswFBVV95cUxNOEZlX3Q5Q0hGZWRfaTdORGQ0RG9KdlJBejkyUVVMaXNWRFBvV0hhVlQ1TmN3ZjRsekQyY2JBajQxdjBOY0txZTJjdVRncFotdjNJeHpuUmxBY2h4QlFteUZrbTBjNS14SERTbHhianN3NlFSMWZuTWV1cWpBU0RFNERONXpPVklPVUlHUU9zX0k5aU1BZmZpQ1FYbTdWWFo1UG5lY3U0TkRXNFZ6YTVZOTYzZw?oc=5) · CUTimes
- 2026-04-03 [Municipal Credit Union Hosts Annual Meeting - Business Wire](https://news.google.com/rss/articles/CBMiogFBVV95cUxNMTlGdXEtQzB4RExCRzluSFU5WXVYOFRfdThNXzBna0pRUk05Zk5XNnAwYkpWV28wMXhDWVBnUURfWkJHSUtaN2k4VjRzdnNUNnpEU19SMU1rYlFhM19XR1lxaVl6ZnRjeFo0aW5uZHJUWnZXbnFnNXh3cGdJS3VoU0hYdmtRa19CMTRLcjZFYkRsQWotUy1JQ01Ea09ubHFPNHc?oc=5) · Business Wire
- 2025-07-02 [Cumberland Municipal Employees Credit Union presents scholarships - valleybreeze.com](https://news.google.com/rss/articles/CBMi7wFBVV95cUxQeGpJMm5ESTJQUG9CYmVQVWJxVzFOdFlRbWJ5VjNFVFF1aU9WVmpab19JaGFoaFpKZW9ETUdQYXhuS0hCSjV2RkgyN080SjFLakllazFJaVRxOGIxaWFqeFh1VV9NV1BUVEFBTkd6TnhaUWRpUHYtUUNnMUcyY1p2eUM3VWE3SmtTVUlSdHJHd2ZUemNWckNVcHkxbzlRc25KaXdUbDlSckFzN3ZDclI4aWhtWUVHenlzbU9wUl8wVEhuVFVXVGpQUHBxdm1hNHBxeGhmM0JFYS1DODl5dVZCSGZhZnd3YTVQRmQ1ZnNRMA?oc=5) · valleybreeze.com
- 2016-12-16 [Hartford Municipal Credit Union becomes ‘Cencap Federal’ - Hartford Business Journal](https://news.google.com/rss/articles/CBMilwFBVV95cUxQSndyVzd0ZmVjdEdJcGdhZG5OQUZUd2hRZ3UtUnEzcXh4cVBxdEVqSjREVUhzWU1sTlE0NGdvelRubEpoNFp4aXRxNk5ydlkzU2JpUmxaeU0tdDhTNXVaTDZQNFVaTlk0NUZpWndJeG0xQ1Z1a1RONzZ5dHRKUXBBUEthejFsN0pCUHpjT3lFejdORHFBamNj?oc=5) · Hartford Business Journal
- 2025-07-15 [CME Credit Union moves to broaden its base - cranstononline.com](https://news.google.com/rss/articles/CBMi0wFBVV95cUxObWhLNDVNemthZTdJV1BIck9zZkJ0LVNSejRDR0J4eU5UN0RsSzNWblRhR3pWN3I3VE9XQ1R5Mk1fNkE5SWNZOXZvNTFoSjd4WUEwTTIxQktENFlVd3ZRMm1FdnlTWVJtRXgzTzFzbTYyaFRaTWo1NXJHOWxJQXFENkZkUDRCRXNoSFpGVlc2YWRoY3hSSDVWOTRrcnFMcXgwR1lSUUx3Rlc5NFJBblNaaWg2bUJZMEE3SmdrNTE2VnhZRTVlUHoxYmZ6ZHE4SzQzRVlr?oc=5) · cranstononline.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60693 (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/21.json (key "60693", 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=60693
- 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