# IDEAL
WOODBURY, MN · NCUA charter 62978 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/ideal-62978

Who the members are: state charter, organized 1926. 48,369 members of 3,728,042 potential (1.3% of the field); checking penetration 59% (share draft accounts per 100 members); loans per 100 members 59.

**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 | $1.09B |
| Members | 48,369 (-1.7% YoY) |
| Full-time staff | 161 |
| Net worth | $114.1M |
| Net worth ratio | 10.5% (p45 of band) |
| ROA (annualized) | 0.55% (p36 of band) |
| Total delinquency | 0.80% (p69 of band) |
| Net charge-offs (annualized) | 0.59% (p58 of band) |
| Loans / shares | 96% (p82 of band) |
| Cash / assets | 12.1% |
| Borrowings / assets | 4.18% |
| Net interest margin | 3.34% (p51 of band) |
| Operating expense / assets | 3.42% (p62 of band) |
| Vehicles % of loans | 17% (p25 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 62% |
| Third-party paper % of net worth | 288% (p83 of band) |
| Vehicle delinquency | 1.52% (p91 of band) |
| Vehicle NCO | 1.44% (p71 of band) |
| Repossessed % of vehicle book | 0.23% (p86 of band) |
| Real estate % of loans | 45% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 44% |
| Core shares % of member funds | 61% |
| Certificates % of member funds | 24% |
| Average share balance | $9,068 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $75.4M |
| Loans outstanding per 100 members | 59% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $31,005 |
| Loans granted, annualized | $191.8M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $75.4M outstanding purchased (66.1% of net worth), $1.2M sold and retained. Sold in 0 and bought in 5 of the last 8 quarters. Shares 4.3% 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 | 3 | loans>95% of shares, leaning on borrowings, 3rd-party paper>100% NW |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 4 | delinquency rising |  |
| 2018-03 | 3 |  | delinquency rising |
| 2018-06 | 4 | delinquency rising |  |
| 2018-09 | 3 |  | delinquency rising |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 | net worth falling | loans>95% of shares |
| 2019-06 | 3 | loans>95% of shares | net worth falling |
| 2019-09 | 3 |  |  |
| 2019-12 | 4 | members leaving |  |
| 2020-03 | 3 |  | loans>95% of shares |
| 2020-06 | 4 | net worth falling |  |
| 2020-09 | 3 | loans>95% of shares | members leaving, net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 | net worth falling | loans>95% of shares |
| 2021-06 | 3 | loans>95% of shares | net worth falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 4 | net worth falling |  |
| 2022-03 | 3 | delinquency 2x band | loans>95% of shares, net worth falling |
| 2022-06 | 2 | loans>95% of shares | leaning on borrowings, delinquency 2x band |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 4 | delinquency 2x band, leaning on borrowings |  |
| 2023-06 | 3 |  | delinquency 2x band |
| 2023-09 | 5 | delinquency 2x band, delinquency rising |  |
| 2023-12 | 6 | members leaving |  |
| 2024-03 | 4 | net worth falling | loans>95% of shares, delinquency rising, members leaving |
| 2024-06 | 4 | loans>95% of shares | net worth falling |
| 2024-09 | 3 |  | delinquency 2x band |
| 2024-12 | 4 | net worth falling |  |
| 2025-03 | 4 |  |  |
| 2025-06 | 4 |  |  |
| 2025-09 | 2 |  | leaning on borrowings, net worth falling |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |

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

- 2024-11-12 [Ideal Credit Union promotes Amara Mackey to Chief Financial Officer - CUInsight](https://news.google.com/rss/articles/CBMirAFBVV95cUxPRHktUGpuc0Q1aXMtUDY4ZUxKWXZpUXpqYjRiR0hSeE5fWGZURnh4Zi04eU00Rk05MjZmTUdTd3ZCWlFtYXlNY1ktMWVxbHVSbkQ2ZGhoZ25OZTFLcldtcm5CSzBLVzNOSW4yb2ZYQUU5eWZfZFZHU1RlYzhUQURZMFZZYmxxV2RBWUZiaXhvZFFqQUNjd1JiUjAybkZHYU51Wkh4dVF2UHk2T000?oc=5) · CUInsight
- 2020-08-26 [Ideal Credit Union announces merger with Employees First CU - American Banker](https://news.google.com/rss/articles/CBMirAFBVV95cUxNN0I0T0hiX1g3RW0wa29KOU50ek91eHFRRGU2eHg4dlJfRm5KOU5PY2NQZEJYN0x6VmpHRTdDUDZKbGtCLTlMOW9KNllLMlViMTZTMUhXbDB0NmxrUXZlOWd0SWdkLVdmOUducDhJMWk5czdQSHFPalBMZVctUmtRZEQ1VVpzelkwbTlUOUFuQVdTZDhtRHBld0R2REtLYnNYbDNuRlNwSTJEb25z?oc=5) · American Banker
- 2021-06-28 [Ted Wender joins the Ideal Credit Union team as new mortgage sales manager - CUInsight](https://news.google.com/rss/articles/CBMitgFBVV95cUxNcnVQRy02ZnBzcFBZcjlRaXQ0RGdvbkwtNGtKdzlKblNXMGstVV9xT2w4Qk1RcWNWblBMcUJhREdkMU9GUTFENWxZdU5KMFJpUGs4eEhlSmdVV0JaODdvSnEzeEZPT1JudTFMeDVYcXpqb01GZDM5VTBfemJlVGU0cmIzRnU0SWVxbFREUXptdXU2RGp4RFJRTlozb3FBMzdWbjEyTV94OFc0dnJ2QmdOanc1WHdyZw?oc=5) · CUInsight
- 2023-06-17 [2023 Notable Leaders Banking and Finance Archives - Twin Cities Business](https://news.google.com/rss/articles/CBMigwFBVV95cUxPNGZEMWsyMFlXejNxTUtsc2M3eFVZZXNvNElPSkkzTGsxRTJSejJZSEJYX0lIUFlhQWxJTFM2TS1EMjRyM2FydXRRemhQeW1RRjBYVkV4Nk1sQmpzM2dSaURVUnNKYXJJWEhzX09OQUpiOGx6NnBfRWNGMFlxSGNVbXVuUQ?oc=5) · Twin Cities Business
- 2024-10-11 [Table of Experts: The Minnesota credit union landscape - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPakhOdTAyWGJhdGVFcVZCZWpTYjA3aDhSV1Z5ZEVaRHgtXzB1QkY5eTlSTmx1bHpFN2NUcnpWUGM0NVFSM0s1NzZDVGhGZXluZWphQXVLOG1SZXBmaDd4d25VUV80Yi1hVzR4NUtNS3JYcFVqdFNzU3J5V1dnQ2plcmJxX3Q0UTdSSHltLU1KZDFCS1ROVndsYUZXVVJ3cFdWWUVoVVN4ajR2dw?oc=5) · The Business Journals
- 2026-08-20 [‘Urgency, fear and trust’: Fraud prevention seminar highlights tactics used by scammers - 5 EYEWITNESS NEWS](https://news.google.com/rss/articles/CBMivwFBVV95cUxNeFlnQk1MWGlGQ01VYVdBQUtCd0h6cFZKWUx5blc0WjNjTmZSQnR0a1VMT1BhRDg4NndwQVdHUUp2UUl0RE5PbjQyZzR2d1hGUDV5YUl3bmJyQUsxdjZlbG1DZW9DZkRfTUM1Z2ZwRzR4bVFqME9uMk1QdkJGdkJfaUtEcmJaQVJZYWZwMnlUMDdrWWMxclhjYTVpbzYzSHFESlJPVUJuTTl4RzNDNUFNWmJjRVhQOHNSSkhDVVB5Yw?oc=5) · 5 EYEWITNESS NEWS
- 2016-04-26 [Ideal CU Chairman Keith E. Hauge Named Outstanding Credit Union Volunteer of the Year - PRWeb](https://news.google.com/rss/articles/CBMizgFBVV95cUxOVDZqa0JEOE1WVUdVVUFUZWhFMzV1eWtHWkMtTHJSLVBfS0Zkb05JakptNDNWbjM3Z1NCT1FfbWU0SHJlM3NId3A4T25uNEVVTDNKb1NyTjQ3TFhhMDBUQVNtZ2JkVkZJVzJHZUNIeWJnalRuYnBBNk9oTHFiR0VncHV2X0NZbXcwclhvVWZnMzVHLWVPRzJ2ek1fa2RUZnZkUUUyUnFmLWp2UkNGV3FtTTBiRTF2SUlxS0pqUWpIQkxRYlJaZy1sZTdnbzJzUQ?oc=5) · PRWeb
- 2022-03-15 [Ideal Credit Union Emily Kelly to VP of Talent and Administration - CUInsight](https://news.google.com/rss/articles/CBMinAFBVV95cUxQQk9zVm0wWnNFdmJ6LVVtc2RxSFhpTi1ObnNxamw1Qm9lNzIyX04xcVQ5UE5xdHJIdHdSb0lQMkxoaURabmNSaFFtQ3lFRi1YWWR5RS1CWGgwN2MwUkdwZDR0YzRORzBYOEd0Rkhrd1BtSEVGOV9LbURjV0M5S041RnBHNE5VMjQyaTFzWlVNWF9nMzBqeTdvQzRzSDM?oc=5) · CUInsight

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62978 (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/2.json (key "62978", 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=62978
- 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