# FIRST ALLIANCE
Rochester, MN · NCUA charter 62872 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/first-alliance-62872

Who the members are: state charter, organized 1932. 21,663 members of 661,764 potential (3.3% of the field); checking penetration 68% (share draft accounts per 100 members); loans per 100 members 339.

**Verdict on the desk:** this could be *ordinary*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $335.0M |
| Members | 21,663 (4.3% YoY) |
| Full-time staff | 83 |
| Net worth | $35.0M |
| Net worth ratio | 10.4% (p37 of band) |
| ROA (annualized) | 2.94% (p99 of band) |
| Total delinquency | 1.27% (p88 of band) |
| Net charge-offs (annualized) | 0.57% (p68 of band) |
| Loans / shares | 86% (p79 of band) |
| Cash / assets | 6.4% |
| Borrowings / assets | 2.09% |
| Net interest margin | 7.03% (p100 of band) |
| Operating expense / assets | 5.15% (p95 of band) |
| Vehicles % of loans | 37% (p57 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 43% |
| Third-party paper % of net worth | 126% (p64 of band) |
| Vehicle delinquency | 0.81% (p67 of band) |
| Vehicle NCO | 1.11% (p73 of band) |
| Repossessed % of vehicle book | 0.09% (p68 of band) |
| Real estate % of loans | 35% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 80% |
| Core shares % of member funds | 47% |
| Certificates % of member funds | 14% |
| Average share balance | $4,509 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $3.8M |
| Loans outstanding per 100 members | 339% |
| Loans granted per 100 members, annualized | 20% |
| Average loan balance | $3,367 |
| Loans granted, annualized | $124.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $3.8M outstanding purchased (10.9% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 16.9% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## 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 | 0 |  | delinquency rising |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | expense trap |  |
| 2018-09 | 1 | delinquency rising | expense trap |
| 2018-12 | 3 | net worth falling, leaning on borrowings |  |
| 2019-03 | 2 | expense trap | delinquency rising, leaning on borrowings |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 | delinquency 2x band | net worth falling |
| 2019-12 | 2 |  |  |
| 2020-03 | 5 | net worth falling, delinquency rising, charge-offs p90 |  |
| 2020-06 | 3 |  | delinquency rising, charge-offs p90 |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | net worth falling |  |
| 2021-06 | 4 | margin squeeze |  |
| 2021-09 | 3 |  | margin squeeze |
| 2021-12 | 2 |  | net worth falling |
| 2022-03 | 3 | 3rd-party paper>100% NW |  |
| 2022-06 | 2 |  | delinquency 2x band |
| 2022-09 | 4 | net worth falling, delinquency 2x band |  |
| 2022-12 | 3 |  | delinquency 2x band |
| 2023-03 | 1 |  | expense trap, net worth falling |
| 2023-06 | 2 | expense trap |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | delinquency rising |  |
| 2024-03 | 2 |  | delinquency rising |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 3 | assets shrinking |  |
| 2025-03 | 6 | losing money, delinquency 2x band, delinquency rising |  |
| 2025-06 | 4 |  | assets shrinking, losing money |
| 2025-09 | 3 |  | delinquency rising |
| 2025-12 | 4 | net worth falling |  |
| 2026-03 | 4 |  |  |

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

- 2026-05-12 [First Alliance Credit Union leader wins state recognition - kimt.com](https://news.google.com/rss/articles/CBMizgFBVV95cUxOMXRwVWxQYjl3MWh2bzR1QVJEVy1qdmNJVjNoUjF5clJVY0xKclJUVk9WV0dod01SeWVGQm9mUGozYXMwSzVqNUo1VklkZEppUmlTSl9iMUVqTmI5TDdLcHBaLXBDRE5mNGk4YjJobUl4RlluRVFoek9lNTNsOV9xbTZRUENjWHhmcnFSMlZUZE1OdXZIRmI1Tkt4N3NoWnR4R2NCZ0w4WnRjbDJlUk4temZEdndpWkIxV3ZKM0VTQWZnSzQ3SHp3ZnU1NHJidw?oc=5) · kimt.com
- 2026-03-16 [First Alliance Credit Union celebrates reopening of northeast branch - kttc.com](https://news.google.com/rss/articles/CBMinwFBVV95cUxPRFcwcnJEZEJ2NVZqUm5idkF6MGxLUF8xT2xwdzZIX2oydXdQMHI3YnoyamFwY0pZUkhwcUV6Z0FuOHFLVTNQOWdjQ0dPaEtYZ3J2c3F1S2l5azhBRlVDT0ZNMGV4eTFKOTNmM3ZOay0xc3NQU1l1ZW5wVXE2UHE0QjFjcEFxZEtEVlFKQmgxb1VpU2RfQ2tac3RFUkJLS0HSAbMBQVVfeXFMTkc4dXJmeGxqTGtncHpyelJkOFpSLTVKRWxLc1JReGhvYTNDck1zamR3QTlrd2QzZlBCeHdLZThnRWhxXzF1SnJ1VzRfcngzTms4SWk3MDBsNXNxLTF1cEJiQ05HTXNRWGN3N2N2Um9Hc2NzejVzcXp5WUg0SkVqSENPMlRvSk1XX1FSZnk3QVRCTU1rNnY3UmZoOUlQSnFsTVpBZFk0UGZnX2dhQlA3TjRST0E?oc=5) · kttc.com
- 2026-01-06 [Blaze Credit Union paid $3.2 million for its new Rochester branch space - Post Bulletin](https://news.google.com/rss/articles/CBMirAFBVV95cUxNZVJIVElLZmVFZklNLVQtaTI2NlJrbmloZ0dFbFk3VWZla3RvbWw0WkZhd2plclpwbTh3MngwRE95ZHdLdllCMnI0Sm5KbmZ0SEZzWHVaQV9kTVAzaF9xY3JhYW5hbFA0RWY1Q1hLMFl2LS11WVQtLTVWOHQ2RndGUGRBSzBZV2tMeU5McWtTMmRlUXVFTjFLU3FZcU5ESDJnampncEpjeEYzOXlU?oc=5) · Post Bulletin
- 2025-06-06 [First Alliance Credit Union partners with Federal Home Loan Bank of Des Moines to award $30,000 to Three Rivers Community Action through the Member Impact Fund - CUInsight](https://news.google.com/rss/articles/CBMipAJBVV95cUxNckpuRV9NSFN0b1FfRG4yVllEV0hsR1hrYkQ0eFZpTDN1OTRsY1c5R29VV21YNUJhZFV6Z20wNlNlXzE1alAtWDk4Vjl1Vm9fZWZQYm9uUENUWkpndkV1Y1E0OWdyR0tfU3BaWEtDWE1YSzlfUVdvM2k1b2pUWlBvU3FCYVF5dUVSNURNYk02bjRwelFVazEzNGtOYTVmVFZRcmJpZTh3SWNjdXJGOTM3TXF0c3ZvbmhFaUVxSXl5c0x5RHpVd3AyTUJXV3pudGQ3TWlDdmV5eTJmWmg3cFI1b0drSW5SU3BiNzJ5UmJKTi1ENk5GZ1lCQTNhQmRsUTN5Y01CNGMwMkI2aGVvQ3NsM21fOTRLcHhEVmJxakpTRVB6Zi11?oc=5) · CUInsight
- 2025-01-23 [First Alliance Credit Union expands into nine new counties - kttc.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxPcEdCWnd5U0xRbnRJTDZ3VjdBVTVibjRFRHFiMGRxdUF2bnp5NWFKODlVVUpPMWJ4dUE1UXVYOFUybTVoUk90aVAtWkZjQnVEYzcta0dRR2I5bjdNWWFkLWlDVzVEclcwbFMxS1dKSjk2SmVBWDNfNWV2R1c5c1E0QV9IelNvVVpWeDNtTE1WMGtraC1aQmfSAaoBQVVfeXFMTlRMTTdVQUZRcW1KemowaVptZlY0ell5UDBXeU5GZlNhMnpMMmRHd3BFQmtWQ2wwS0NVTWJ3TFdHcENxZnJLdjVsTUhpelljUk5LeE41RjRtdGtUTVdKcmwxREpfMllIMmRrWVlJT1VUb2hsdzlQWjNwLWYtWWxaNUk0V2s2eERfOXAyc1dwVUFVR1pwa3FWdGt5REtxZDhpMk9uVFkwY2k2VXc?oc=5) · kttc.com
- 2025-02-17 [First Alliance Credit Union hosts All-Staff Training Day focused on empathy and community impact - CUInsight](https://news.google.com/rss/articles/CBMi0wFBVV95cUxNR2xlMVJHd1NuYXFOeDBZZHkzTTVVTVJsX2x0elBvLV9ZVW1FN2ZfekZqdVE5ZWhuX215bGZsMGRIQVE5T05FZ2YzMWdjdXV0bEt0U0FxZkJTdkR2R2R4SEVHSkpzdGQ5YzNiaU9DSWNpOXFlQUpGZkkwZGZqSndKRTYxYVBZWW1DaVNQTjlVQXdLU0kxX2hzUEhjVDhLcHN3RmVsYmhCWW1EVDFWU2ZNMW5uNUVVZmVXV0tyN3dxQ2tXZlMxTndXU2NzM2FyU3ExX3pN?oc=5) · CUInsight
- 2025-04-08 [First Alliance Credit Union is clearing away an old branch to make way for a new one - Post Bulletin](https://news.google.com/rss/articles/CBMivwFBVV95cUxNU2doa0RCc0dOaDFnNzFMNThnTWJYRHVpeVh2dzlDR0doanZmbkJXN1lIMUM0WVVCalViWUVMRTRXbmZVaTFqRVVxWi12MmlWZ1E2cmVZcnIyQTRGbzQzY01FVW9mRDZuSGRYMkVRM0gxRkhsNlhmTGs4VldNbjRWZFFOVGNVTkZGUVh1RjN1S183c0tFYklWTmF4RWFWRG1oakVEdVVMRFdOQWJydk91RThOZGVwcnRyOVg3TlFDUQ?oc=5) · Post Bulletin
- 2024-11-26 [Why Rochester’s Fire Dept. Was at First Alliance Credit Union - 106.9 KROC](https://news.google.com/rss/articles/CBMigwFBVV95cUxNRUpEMExjdl9iV1BBeGJLOENaWFg4cWtUb3JOZVBHYk5YT1BLTUJLUWpvNFhZZ0d4dzVTSGQwcWZpdGFIcXdtOEloNmU3LXg3b1R5MUNUd2d1Wlk1dEU2OVNvYS1oTl8xNWZfOVNFa1paaGloRWltcExVVUlhNDVJUXZvTQ?oc=5) · 106.9 KROC

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62872 (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/24.json (key "62872", 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=62872
- 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