# RAILWAY
MANDAN, ND · NCUA charter 60787 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/railway-60787

Who the members are: state charter, organized 1954, low-income designated. 8,588 members of 52,750 potential (16.3% of the field); checking penetration 42% (share draft accounts per 100 members); loans per 100 members 49.

**Verdict on the desk:** this could be *fortress*. 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 | $207.3M |
| Members | 8,588 (2.4% YoY) |
| Full-time staff | 29 |
| Net worth | $25.1M |
| Net worth ratio | 12.1% (p62 of band) |
| ROA (annualized) | 0.84% (p61 of band) |
| Total delinquency | 0.21% (p13 of band) |
| Net charge-offs (annualized) | 0.00% (p4 of band) |
| Loans / shares | 82% (p70 of band) |
| Cash / assets | 6.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.28% (p31 of band) |
| Operating expense / assets | 3.00% (p22 of band) |
| Vehicles % of loans | 20% (p22 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p9 of band) |
| Vehicle delinquency | 0.66% (p57 of band) |
| Vehicle NCO | 0.03% (p9 of band) |
| Repossessed % of vehicle book | 0.04% (p60 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 182% |
| Core shares % of member funds | 48% |
| Certificates % of member funds | 45% |
| Average share balance | $10,710 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $4.4M |
| Loans outstanding per 100 members | 49% |
| Loans granted per 100 members, annualized | 22% |
| Average loan balance | $35,194 |
| Loans granted, annualized | $67.3M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $4.4M outstanding purchased (17.6% of net worth), $0 sold and retained. Sold in 0 and bought in 5 of the last 8 quarters. Shares 9.6% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## 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 | delinquency rising |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 0 |  | delinquency rising |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | net worth falling |  |
| 2020-03 | 0 |  | net worth falling |
| 2020-06 | 1 | delinquency rising |  |
| 2020-09 | 1 | net worth falling | delinquency rising |
| 2020-12 | 2 | delinquency rising |  |
| 2021-03 | 1 |  | delinquency rising |
| 2021-06 | 0 |  | net worth falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 1 | net worth falling |  |
| 2022-03 | 2 | delinquency rising |  |
| 2022-06 | 2 | delinquency 2x band | net worth falling |
| 2022-09 | 0 |  | delinquency rising, delinquency 2x band |
| 2022-12 | 0 |  |  |
| 2023-03 | 1 | delinquency rising |  |
| 2023-06 | 1 | repo signal | delinquency rising |
| 2023-09 | 1 | delinquency rising | repo signal |
| 2023-12 | 2 | net worth falling |  |
| 2024-03 | 1 |  | delinquency rising |
| 2024-06 | 1 | delinquency rising | net worth falling |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 0 |  | delinquency rising |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | net worth falling |  |

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

- 2026-05-29 [A latte and a loan? Coffee shops move into credit union buildings in Bismarck - KFYR-TV](https://news.google.com/rss/articles/CBMiogFBVV95cUxQd0RZaEJjMFU1MDhXbE02dG1selhSMzhpUlEwNng2SE1pZnpaRzlsY0Iyc1NyR0pLUFB4cGdTQnVHVVBfZGpodlVvQVRJZmRDMENTNVJfeENQRHBCS1NjZjQ2SzBrV0lZcGhrU0FGckFiN2ZoY1YyZ2E5UWpKM2ZmaVFVeDRJbTlrT21pXzB0ZjhlbnF3UnVlbkFJMjhpX2dBZEHSAbYBQVVfeXFMT1V5MTNvdjNHWTJaM3VGMlBWeUZpTDlLN2NoN3pqTmJibEFrTlZUaVBrdEQ1NThsZWVnZlpwMExTeS1nRUVjYlk5dmhUSDhCQjdWLUVHNV96NzYtVEItMmZxTy1wdGhiNlBSakJmaG1vS1pabTBpTFlud2JrdFFadVM1R21RWV9MZTF6VjJmQmRKTHMzWXdxNEROTDFEWHJTWVVpa3JncDNRalNTY2E4Wlp4Y21RY2c?oc=5) · KFYR-TV
- 2023-06-19 [Dakota Credit Union announces individual achievement awards - Grand Forks Herald](https://news.google.com/rss/articles/CBMirgFBVV95cUxOR05NUkZ0eXRla3pxNlByMWRTT2NCSjJoOTJBcVU4TllwelJVd3dlR1VfQ1hHNlFiYlVneFo1UHZyT2wyVHNWVm8tellyLW9CdnJjeGRhQjVHeTBvaS1vS1RmMUozczhZSHBnOVBJamtIa0s5RHVTMFdUOUFzZWh0SEljcG10ZmZYY2tmaGVJWm1JSlZUSmxjT1phZ0htNkROTkkyWU41eTFYYk9RYVE?oc=5) · Grand Forks Herald
- 2021-09-03 [The Best Credit Unions to Work For, under $500 million of assets, 2021 - americanbanker.com](https://news.google.com/rss/articles/CBMitwFBVV95cUxON2lPQkZ4WUUzS1FfVE9HaVJ1TEVFNWVoNmVFLTE2WVktdnpRZGZLZlloVDBhYXRDcVdRWkJxczByRTFVam9zcXh6ZmQzYU9oNDNjWU1temktQUk3bEdpdzMzZENwNVFDaHNrdkJ5QzYyT3JnSEFmLW9yblZaR3JKZWFrcUVJc1lLNk0xYVc4SjlCbWlNcG8wemxLWGctWVNFM1VabzVDWmJkd2xkc0N0cUJ3a1VzdHc?oc=5) · americanbanker.com
- 2026-02-23 [Credit card fraud is on the rise - KFYR-TV](https://news.google.com/rss/articles/CBMibEFVX3lxTE1saGtFTWRGX2Z0d0diRWZsOVNkR09xNXU1bno4M2ZlRjVNeF8zVVgzdEJIdkdkNkVlc3ZxLVhUT3NpbUQyUHdkY0JrMFcxWFhRTVNtWkRlWDBVdU1QNkVydDBlemQtVHJDX1V5TNIBgAFBVV95cUxQMTI4eXNVRzdJOUdsb3lRZldtYkdVM3hyM1V5XzE3eVhzMklveHJTSVZxRWVDcENTUXY3ejVfT2t2Vm9IQkNvWGlQTDlLamdVU0pIOUtzYzJMZ0NWWEpmczRnN1p5cHE1bjNpOWYzVVYzcE1KZEpEdGgzckFzcmM0cg?oc=5) · KFYR-TV
- 2022-03-16 [CUAD announces Volunteer of the Year - CUInsight](https://news.google.com/rss/articles/CBMihgFBVV95cUxNNWJEZkN4YnBjUERycTVhMlF2Qm40VlZIcEswX3RBczZ3ZW5rdENwZDAxV3MtMjZpb2M2SXFVbHlfYVo5NmVpdGJ3TFN1QjRuaEs1VlI3a2ZqMTNBNUkyRWNkQVl1eFdUUzZHZWNEa01RRHZsYUpseU5TQWRaR0pnVnVYMVFrdw?oc=5) · CUInsight
- 2024-01-12 [Member One Federal Credit Union and Virginia Credit Union to merge - Cardinal News](https://news.google.com/rss/articles/CBMipgFBVV95cUxOVkhCZjRqVEg0Wl8tbHluNllaVVFNbTBrUUFtZ2dLQWpPb05sOVVRdkg2eFdfTVJZSG5zVWpMU2pqVzhacU9wNWJ4QnZWQmYxbzJkUkliYWhvbTVtWEtBTE1LMV9ka3JBcFdHazZhWHVWVWI3TGpYMmZTUm5hRGdJYW9LZksxazJJa1JFbnl1d1BlQ3VrX1JyZ3ZydFlqN0ZteTZXcnB3?oc=5) · Cardinal News
- 2025-07-22 [‘Micropreemie’ unit opens with help from local co-op - news.sanfordhealth.org](https://news.google.com/rss/articles/CBMilwFBVV95cUxQN256RG5JYUszRHVBbmZ1eDdkT0ZxRmFNdVY1S0h6X25Ia1FmWjFteWNILVQyMnZWY1kxY0xBalduenNsSThyd2FFSXViLWFMSmxXR09xNmhJYTEzTGtMcHhhaWRMV0JFOWhUY0xqZ0xudU9kRFQ4bmlZc1BoalBTQjI2ZzQxRnFoU3JZamdodm5CZkhQVUtn?oc=5) · news.sanfordhealth.org
- 2022-04-16 [Jacqueline Beckler Obituary Apr 16, 2022 - Weigel Funeral and Cremation Service](https://news.google.com/rss/articles/CBMia0FVX3lxTE1tV3dyZHdQMHFDWWhhV3R0VzYyYktrNDF4dW9aZ0xnRC1yb3FUVTRISi1jZHFOdEdTOEN4Uy1FT2tMMllCVEVVY29DQkhVREQxeWJNSEdRZllja1B6UzJSc3Q1N0ZDR1MzZzd3?oc=5) · Weigel Funeral and Cremation Service

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60787 (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 "60787", 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=60787
- 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