# MEMBERS CHOICE
ASHLAND, KY · NCUA charter 62026 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/members-choice-62026

Who the members are: state charter, organized 1932, low-income designated. 23,216 members of 640,000 potential (3.6% of the field); checking penetration 51% (share draft accounts per 100 members); loans per 100 members 52.

**Verdict on the desk:** this could be *ordinary*. 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 | $425.8M |
| Members | 23,216 (-3.9% YoY) |
| Full-time staff | 78 |
| Net worth | $35.4M |
| Net worth ratio | 8.3% (p5 of band) |
| ROA (annualized) | 0.65% (p46 of band) |
| Total delinquency | 0.62% (p52 of band) |
| Net charge-offs (annualized) | 0.45% (p55 of band) |
| Loans / shares | 75% (p51 of band) |
| Cash / assets | 12.0% |
| Borrowings / assets | 1.79% |
| Net interest margin | 3.21% (p27 of band) |
| Operating expense / assets | 3.48% (p41 of band) |
| Vehicles % of loans | 18% (p18 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 19% |
| Third-party paper % of net worth | 27% (p33 of band) |
| Vehicle delinquency | 0.53% (p48 of band) |
| Vehicle NCO | 0.86% (p63 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 47% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 201% |
| Core shares % of member funds | 41% |
| Certificates % of member funds | 38% |
| Average share balance | $8,153 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.2M |
| Loans outstanding per 100 members | 52% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $23,987 |
| Loans granted, annualized | $83.7M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.2M outstanding purchased (3.5% of net worth), $0 sold and retained. Sold in 0 and bought in 1 of the last 8 quarters. Shares 3.4% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **members leaving** (`shrink_members`)

## Warning timeline

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

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

- 2022-10-06 [Deborde named president/CEO of Members Choice Credit Union - The Lane Report](https://news.google.com/rss/articles/CBMiowFBVV95cUxNUlllWVp2bERQMm0xNnRDUERldzE3alh2clRyem9rVlRkRjJfZWx5THJpLVBlN0kyLWdEbDRSR0JOSWt6aHo1cjNaYl91Q1ZvakRFMUVYQS1IZFlIY18wZmJ0c1RpazdPXzZBT2pPblotbHMxRXhHbGJKYVBNYXROekdSVmFpaDhiSXN2YUtCMGJqeHZLeTM3S3htRkNqdndiWTdr?oc=5) · The Lane Report
- 2022-10-19 [CEO's son taking over at Members Choice Credit Union in Kentucky - American Banker](https://news.google.com/rss/articles/CBMisgFBVV95cUxQb2FtMDB0N0hyR3M5WEV5clYwNkM4eWd3U0hYaWk2UFNPcThZSVhFdnNmS1p3aUwtb094WGFMenNyd1VHSzVPRUgzWlcyeVQ2QUUtb3ZHcE5nU0FFeC1FUkVwd3phWFlURzUtUGprRUVCajdPNjZUdkNhV3JLMlNIUVNPVjNGQk1neXlGaVFBODUzajZaWW83T2UyUjNiZjJqZDZFTmhDcUZrUklsTy13amJ3?oc=5) · American Banker
- 2023-09-13 [Members Choice Credit Union holding open interviews - Carter County Times](https://news.google.com/rss/articles/CBMitwFBVV95cUxNQkxVcWlSV0NsMUx5SWh6cVhyQnNkNjF1eFo5MFJFN3VPamtxeWR1Z3ZUS3c3WEhIVlR4cDVCbUIxMWNUcDJkSklXWFVNZUppRFluTC1rOENTZ1RnQ19sVUhwZGNNMGNNMkw5XzQ3cG5CZDNtQUUyaHVoODlDYk1QT1dFYmFrNjBjVUJIVHZHdFM2Y29CcDFSX2RjcnBzbGUzZ0xvaU85WDZmWjZLeUw0U21nNHVSMmc?oc=5) · Carter County Times
- 2018-10-21 [Build A Bed project, credit unions earn local recognition - The Daily Independent](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNYmhnMllJOUk0M2Y3dDN2UUlxUVItV3dMc3RlUzdYbjRHNGNCTVhwYm5RUWJJVGQ5ekpLVGlqOG5OOGNjQXIwRlYyRTJMVDlBeVE1cmdiWVEyXzlfcjdFd0MzWFJuZnJMSUxWTGd3eGpnMmtNMmF1OUpFUlA1clBUMzNWUW1JMm5pYmpDOE50enllUzBVZXdPTjZabV95ckZ2d3dZbWhpS2J4XzRCTHZMQWQ2YnBfUEQzZzBRQU9XdEJWZnVxUGg1cjhkVG5wUnh0dVM1dGxXaE84ek93?oc=5) · The Daily Independent
- 2025-08-28 [2025 CU Times Luminaries Awards Finalists Announced - CUTimes](https://news.google.com/rss/articles/CBMikAFBVV95cUxPdUVmaGI5bkJnSm1WSU82SmxZOWJKcko2RkdBbFlkUDJWMlNCajFhejlvbS00cFdLSmZyX1FLX24xZlM0UG9PUlowRkVmQlFwaDhEYzZNNVI5NXdqS1hUZ0Y5Z09LNVZyem5oZGcwb2tYLUZnX1h5dkFmbVpoN2ZuOXhKNzdyaWJsT2VOUUlMQ2E?oc=5) · CUTimes
- 2024-07-03 [Disaster Recovery Centers closed for July Fourth holiday - Spectrum News](https://news.google.com/rss/articles/CBMisgFBVV95cUxNZUhKV05kNHlDZS1URDdRZWRmNmRZT0ppUExyNnIzVVpIZXBmNktFZC1XbUMwX29hemRYeG9RS253ZXJOdG10dEJ2enMzeDlHMnN5SmlLSXJDNGxiVjVBWjlzNkwxMUdRZ1p5UlAzZGpfUmFvWTVDLVZBcGx1bzZLbkxJdGJUR3dqRGdTNHQ5QlpSUG9leDV4QUhVSHp2eGV4RGZrTS1rSTRnZXpKZHhZVFh3?oc=5) · Spectrum News
- 2023-09-02 [Members Choice names Suman CEO, President - The Daily Independent](https://news.google.com/rss/articles/CBMixwFBVV95cUxQREJIeDVFLWtoUHRGaVdhUXJmajF3V2Jxc2tNVGdfNlladjB2elhlSF9VUTNuWlNQQ2xLMk1EcUloOFR3TkFDVGtDcVVZTGJwSzdoNmQ1Q3JkRnJxTmtSSGJlS3BweTBXWnNrd09rN1BCd0QzdFhPUXhCUjNSQkZ4Umx1M0xiVDdBT013VldMME52X1pFaTlXQWdJdHJHZDdwRURBZy1DRnYySUVxYjVETFNCV1FHcmtIXzFZNHhmYkp5Y3lJaHA0?oc=5) · The Daily Independent
- 2025-09-04 [2025 CU Times Luminaries Finalists: Excellence in Marketing - CUTimes](https://news.google.com/rss/articles/CBMimgFBVV95cUxNZnhwU0V1XzhrbXJMX3F1RTVjWjJJYkZCWlN0ekpFcl9HbDd5SHZCWDkzRWZTUjZ0WVRXRURvY1QzYzZqaUZxS3ZwQUZQLXItX3M5XzZFSEt3YVVwZ0lNbFBiWGlXYndEOEE3SmFWeFJ4WjhEbWowVUtyay01cVJUeTJxSThyeTVDUE1rN205b1hXM3dqUnI2Xy1R?oc=5) · CUTimes

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62026 (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/10.json (key "62026", 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=62026
- 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