# EMBERS
Marquette, MI · NCUA charter 62038 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/embers-62038

Who the members are: state charter, organized 1953, low-income designated. 33,170 members of 385,000 potential (8.6% of the field); checking penetration 67% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $612.9M |
| Members | 33,170 (2.6% YoY) |
| Full-time staff | 113 |
| Net worth | $73.3M |
| Net worth ratio | 11.9% (p72 of band) |
| ROA (annualized) | 0.99% (p73 of band) |
| Total delinquency | 0.14% (p5 of band) |
| Net charge-offs (annualized) | 0.03% (p2 of band) |
| Loans / shares | 71% (p24 of band) |
| Cash / assets | 8.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.49% (p51 of band) |
| Operating expense / assets | 3.46% (p43 of band) |
| Vehicles % of loans | 28% (p47 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 30% |
| Third-party paper % of net worth | 44% (p35 of band) |
| Vehicle delinquency | 0.25% (p18 of band) |
| Vehicle NCO | 0.08% (p5 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 22% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 196% |
| Core shares % of member funds | 47% |
| Certificates % of member funds | 28% |
| Average share balance | $7,063 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $6.1M |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $18,686 |
| Loans granted, annualized | $212.8M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $6.1M outstanding purchased (8.4% of net worth), $8.1M sold and retained. Sold in 2 and bought in 0 of the last 8 quarters. Shares 7.5% year over year.

## Flags firing in the latest filing

- none

## 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 | 1 | delinquency rising |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | delinquency 2x band |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 0 |  | delinquency rising, delinquency 2x band |
| 2018-06 | 2 | net worth falling, delinquency 2x band |  |
| 2018-09 | 1 |  | net worth falling |
| 2018-12 | 0 |  | delinquency 2x band |
| 2019-03 | 2 | net worth falling, delinquency 2x band |  |
| 2019-06 | 2 | losing money | delinquency 2x band |
| 2019-09 | 1 |  | losing money |
| 2019-12 | 0 |  | net worth falling |
| 2020-03 | 1 | losing money |  |
| 2020-06 | 2 | net worth falling, margin squeeze | losing money |
| 2020-09 | 3 | delinquency 2x band |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 1 |  | margin squeeze, delinquency 2x band |
| 2021-09 | 1 |  |  |
| 2021-12 | 0 |  | net worth falling |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 1 | delinquency rising |  |
| 2023-12 | 2 | net worth falling |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 1 |  | net worth falling |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 | net worth falling | delinquency rising |
| 2025-03 | 1 |  |  |
| 2025-06 | 0 |  | net worth falling |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2026-06-19 [Embers Credit Union holds Light Up Communities Day - Upper Michigan's Source](https://news.google.com/rss/articles/CBMioAFBVV95cUxPeFpUb3l4X0FUNU5iSWx2UlItMUQyYjFKR3J4cDdkYkdBSkNFSzRlLWNFWG04U2hkVGdHV3dqdk5OUGRwOE5WUkpKb1JBRmE2blY5VWpySTdJYm5tUFRXdXVBS1FReGUtdENnODNtT1ZOaWNYVl9ydzl4cTV4bEgyNFhtaDVrRXJzaWROVUktTTFQU1doMUJpNDVCb1Mxejhf?oc=5) · Upper Michigan's Source
- 2024-05-15 [Embers Credit Union teaches fraud prevention in Ishpeming - Upper Michigan's Source](https://news.google.com/rss/articles/CBMipgFBVV95cUxPT0Y2WTNGcDByemlKbV9hZGJGa2dwbzhrdHY1WGNtZ0FSaEZlaG9mYjZNWUFMXzRGWF9fTy1FeVh4WXJ5M0ttNFBSX01iU1VieTIybXIxR2ZMck1QWmxMbE44T2p1alJpTGhkUmNvQ1VmTlJVOXY4MDNLclhfaGtmaVFyaFJhdTZMSVlNNEVvdHRzUV9DbmhicnZFaDhRdGZEczdfMTlR0gG6AUFVX3lxTE1Pc01UUFdpOHYwanRGOXowSERZeWIxTkN4U1dlNFB4ekRQOS1HQmhDTVdITkt4bEptbXNiQjhpRlVZVms1SHczRGE0dmpBSVZkbDlDZDFBMlItYXZKQTVndHN4VG9zdDFJNTg0dHp0T3JWNjhuaG5UV0l0SFlGX3dIOWJsLU9MWWxYenZfcHV3dTdpdXI3Yk5ETFEzdVUyT2Fuci04c08xYTRveDdkNHZNWF9yT1RNd3dBdw?oc=5) · Upper Michigan's Source
- 2019-08-19 [Grad Manages Embers' Corporate Lending - Northern Michigan University](https://news.google.com/rss/articles/CBMiakFVX3lxTE04Ml93SmUwQ05telhIOG5sNGpkbzZGcF82UmlvYTRuV3UtUzl0TWdBVEt3ajYwTUtPa3U4VG9uVnI1Vi02ZDM1TlZ3ZTI3Zk1VZnRORHdQMjdQcEtMT1hvcXcwbU9vT0p6a1E?oc=5) · Northern Michigan University
- 2021-02-28 [Gloria G. (Lower) Brown Obituary Feb 28, 2021 - Bowerman Funeral Home](https://news.google.com/rss/articles/CBMia0FVX3lxTFBRbFQ2RXlPNElVLUJhRTVKa2xHOVFLXzFadnFOa1RIUFhzbjF3Tk1GdWVvS2hvbVF6MGlyQWRjVVROSDRYSDFBWFhxbmFPZXFwT3JtRHdpYzFBelFhc1hMMDFJWW1sVGEtWkxz?oc=5) · Bowerman Funeral Home
- 2026-01-14 [Jeffers advances in HS Bowl - The Mining Gazette](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQTG9LRUV5bzlDWkQ0MGZjeC1UV25UVllnZmxUS095RzQzMmR4T0FlSWxOdTZwMUx3dm00bjJnNGlSTGJNTkVjZkMtUFF3LXBEX2t1RzFZS1FDTnlfVHppc1Vpc1J5a1hQbFlZSkxFT1NLdURkOTNpWE1HRWpIS0FWR1VLWlZwNDVJ?oc=5) · The Mining Gazette
- 2018-08-13 [U.P. Catholic Credit Union changing its name - Upper Michigan's Source](https://news.google.com/rss/articles/CBMisAFBVV95cUxNLVFpWTFLLU5vcENXd0dpSnQ5RUxjYi1yaGhjczc2OFJpNXpLQ1VwWjJzQlBXdDJGa0xxdzBDb0d1TDdrX2JHSXdZTFRsN0NTNEx6bGdzYkRDRm5KZk1ucFZ0N0hlQVBRaFlPTU14WU1uVTFxZXNYdVQzVnh5ODliS1dFQXQ2REw3YVh0V0t0YkV5V3dfYjAwcEVibGdMNXNjalNZX3I0eVBkdVNJTjZRaA?oc=5) · Upper Michigan's Source
- 2025-02-22 [Delta Force Class of 2025 kicks off leadership journey - - dailypress.net](https://news.google.com/rss/articles/CBMirgFBVV95cUxOc1pqdWRFV2tYdXItbXRYYkk4MWlySERscHo3bzJELTFUdWZ3VlZDZEc0bG1CMnlMM3E4Tm54dEM5RFh2NmxiU3VVc2l1TzJUTVdMUHBlOVIwdkptTUFQU3VUbE50bnhYRVpfM29iYTMxLWw4d1Zhams0VWpvMmx3T0RIMHRMX0tmaF9TZ0NjMGl2Rm9XNVNRcXVWWEFRb0tNbGJkREJzSnBGd19TSlE?oc=5) · dailypress.net
- 2022-09-22 [Man arrested for attempted robbery at 2 Negaunee businesses pleads not guilty to felony charges - Upper Michigan's Source](https://news.google.com/rss/articles/CBMiowFBVV95cUxOR09kMEJHZV9VUTlRWHRaMUljbUt0eDFBamg0bG9KV2lZeERsMldGOHhURC1FYXprNEpQZFdTaEVtZ1Vtc2tvME82MDJ0WDdieVdZRGFDZ05FRml3a3RKektCQjIxcENpRWtQaS1YbWRzMXY0YVotNXg5ZGZybUJZc3VJb216alQ0SGozR2ZoQ2F6X2t2c0NUYXd3TGNSc1Etdmg40gG3AUFVX3lxTFA2OW40WkVlLVBfTlNUOTlFVGVlR0k1WHlwMkZMY0cwaW5GRXVVelJqUGZzMXdxOTNEUE5zcWhDQTNxdHZRNmNpb0dCZUJnWkRqRVlyZTZEZ0VOY3FtXzI5ZnNDTWI1cHVlLWhueDlsY01fMmlGVzY3QUpRX216OFFneEloT0ZoNDVMZ2taRTBGYjVidTJNaWVtVm52dEVTQ19Ka2l0c0VfTl9OblR1RDlIVklQb08wQQ?oc=5) · Upper Michigan's Source

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62038 (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/22.json (key "62038", 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=62038
- 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