# BLUCURRENT
SPRINGFIELD, MO · NCUA charter 61790 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/blucurrent-61790

Who the members are: state charter, organized 1929, low-income designated. 24,274 members of 812,914 potential (3.0% of the field); checking penetration 68% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $393.9M |
| Members | 24,274 (2.3% YoY) |
| Full-time staff | 83 |
| Net worth | $40.6M |
| Net worth ratio | 10.3% (p34 of band) |
| ROA (annualized) | 0.44% (p32 of band) |
| Total delinquency | 0.43% (p34 of band) |
| Net charge-offs (annualized) | 0.74% (p79 of band) |
| Loans / shares | 95% (p95 of band) |
| Cash / assets | 10.3% |
| Borrowings / assets | 3.81% |
| Net interest margin | 4.11% (p83 of band) |
| Operating expense / assets | 4.16% (p69 of band) |
| Vehicles % of loans | 27% (p38 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 55% |
| Third-party paper % of net worth | 116% (p62 of band) |
| Vehicle delinquency | 1.18% (p81 of band) |
| Vehicle NCO | 2.39% (p93 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 58% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 85% |
| Core shares % of member funds | 48% |
| Certificates % of member funds | 23% |
| Average share balance | $6,402 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $20,839 |
| Loans granted, annualized | $65.7M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $811,915 sold and retained. Sold in 2 and bought in 0 of the last 8 quarters. Shares 8.0% year over year.

## Flags firing in the latest filing

- **loans>95% of shares** (`str_ltos`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | expense trap, 3rd-party paper>100% NW |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | expense trap |
| 2017-03 | 2 | delinquency rising |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 3 | loans>95% of shares |  |
| 2017-12 | 4 | charge-offs p90 |  |
| 2018-03 | 3 | delinquency 2x band | loans>95% of shares, charge-offs p90 |
| 2018-06 | 3 |  |  |
| 2018-09 | 1 |  | delinquency rising, delinquency 2x band |
| 2018-12 | 2 | loans>95% of shares |  |
| 2019-03 | 2 | charge-offs p90 | loans>95% of shares |
| 2019-06 | 3 | expense trap |  |
| 2019-09 | 3 | delinquency rising | expense trap |
| 2019-12 | 3 | expense trap | delinquency rising |
| 2020-03 | 2 |  | charge-offs p90 |
| 2020-06 | 3 | net worth falling |  |
| 2020-09 | 3 | margin squeeze | net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 2 |  | margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | charge-offs p90 |  |
| 2022-06 | 2 |  | charge-offs p90 |
| 2022-09 | 1 |  | expense trap |
| 2022-12 | 2 | loans>95% of shares |  |
| 2023-03 | 1 |  | loans>95% of shares |
| 2023-06 | 2 | delinquency rising |  |
| 2023-09 | 1 |  | delinquency rising |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | loans>95% of shares |  |
| 2024-09 | 2 | delinquency rising | loans>95% of shares |
| 2024-12 | 3 | net worth falling |  |
| 2025-03 | 3 |  |  |
| 2025-06 | 2 |  | net worth falling |
| 2025-09 | 1 |  | delinquency rising |
| 2025-12 | 2 | loans>95% of shares |  |
| 2026-03 | 2 |  |  |

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

- 2023-11-01 [BluCurrent to debut new operations center in early 2024 - Springfield Business Journal](https://news.google.com/rss/articles/CBMijgFBVV95cUxQWm9GSzctYkVHOFplOHpBSDdvck1RTUlTdWxkMnFPS1ZENHJ4cXgzekNjVUNIQ3NwMmtMSmw5OW5OdzRXU0ZfMkV6Q2xQaUZ4SE9fUmFZcURWRWxvd2VxeTBhZlVNOGZVb2g4cXdwakljZlhVY0dGWUhQTXFZa1FucUZ4cFhNSDZpUFB3eXJn?oc=5) · Springfield Business Journal
- 2026-01-06 [On Your Side: Bank scam text - KY3](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE1Wa0w2dXBhM3owS1R6SU93ekJFd0xUeWtHVDZSMHYyN3cySlQ4YTVzZ09jZFFTVGV0Y2pUSTAxSjNNQ2oxU2RwQUl3SFROUHBTMGp5NlBQaEF2a19uYVNzWFVhUm1WZDDSAXtBVV95cUxNdzEzVk9SXy1Yb19iSkx3UGlQUGdvWk9EV1dTb0NhZkFVN0RnN1RITnlDUXc3SHRaT3ZaUnBYTVNCZFhnbG14c1NrdHdGbXpmck94emJJSTBDb1ZpcEpTYzFDdUd2LTh6QTctWXhsOVJ2aWdTQ0FBejZjbEE?oc=5) · KY3
- 2017-09-23 [BluCurrent announces employee promotions - Springfield News-Leader](https://news.google.com/rss/articles/CBMirwFBVV95cUxPNlJfUUxaRmtEQ2ZRYkd2RnZqZU9ia3BlR1RSV0JJaTFyS2o5WDVlLVBJVGtTMG5Ma1g2MVAtc0E2TlZIYjFtVGdWaWpOMklHSDVSNk10dVRwbVg4NW9xelhVTnpKRTZscG1ZT1RHcGlJVnVTUjYzRmE3SXFyZS0xV2ZUalljcHR1V0tkc3hOX3dfQlNRN1h1Yy1vMUQyQnhSUy10dk9SQ1pKQU9hNGQ4?oc=5) · Springfield News-Leader
- 2024-08-30 [Open for Business: BluCurrent Credit Union - Springfield Business Journal](https://news.google.com/rss/articles/CBMie0FVX3lxTE56Y3d1b3NvNW1LbjZKTndXYWI3clU5T0lVUDBUeVgwZjRZZG5UNmExWXNLelZRSmVtaC00cGJZcFdCWms2M0RjalBkb2FOZXFaR2ZYcF81TFk4TDZCOW8yX1dKVGlaXzRBR2I2bDJrLXNYaTdIamkwNFp6NA?oc=5) · Springfield Business Journal
- 2021-12-25 [Terri Lynn Hambelton Obituary Dec 25, 2021 - Adams Funeral Home and Crematory](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zVTM3OG9rdnE4Tkw3QzVCM2t0SzgtVE5mUWpGZ3ZaRlJaMmptZ0w1aU5fc0pHRmJzMzhvVXZzb3VSeEpIbGxjRld3dUdwSVF0S243LUs2NzU4LXF1alJkRWN1eXBia0xEa0F3?oc=5) · Adams Funeral Home and Crematory
- 2013-04-24 [BluCurrent Credit Union CEO to retire - Springfield Business Journal](https://news.google.com/rss/articles/CBMidkFVX3lxTE81YmpQRXgwU1V4ZkFWWExpMUJxb2F0OFhmTjd2QmNUUkxYZmtrQUs0am82MFpySXpsdktSSnFoZFRsd3dnUHpfYjFzbEQ4R3hFV2NkYVg5ZUk3aHljUW01a2xEaGtYX2pubUx0YVY5UUpNOGU4Rnc?oc=5) · Springfield Business Journal
- 2025-03-04 [Phelps County Bank buys BluCurrent building in Springfield - Springfield Business Journal](https://news.google.com/rss/articles/CBMikgFBVV95cUxPbFhGVS1rZDlWSy0xVkxYaWZYdThmZ2xXTVg1WWRwZG8xLWxOdkhtOGdiNV9YejBYSC1wdTZyTjZZUjZ5R05tYU1zUU95Z29BaGFuM3BRMEtEUUNTNl9BbGVmV0lvTVJRNFFVZFFkNmk5TE1YT3RBRWotS2FQWUpxT0xaWU9PNHpjNGJZQnIwOXNkdw?oc=5) · Springfield Business Journal
- 2011-08-23 [Postal Federal Community Credit Union picks new name - Springfield Business Journal](https://news.google.com/rss/articles/CBMiigFBVV95cUxQWG5WV1ZGRnVqLUt2ZnVlR1FESFZJc1lsR3hyZWFvTk1PVF9vZ3YzMy1DRXBkQmhaRUlWaVEyOXlCSml0RWNGLUozWnJfNy1RSWZJNDhzTEtFMEVrZG5tRE5pTDZhbjctVlZGQ2ZLUXh6bTY5NnlIVnJ3blNieUhaVDhPc1NISGQ2Mmc?oc=5) · Springfield Business Journal

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61790 (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/30.json (key "61790", 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=61790
- 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