# ELY AREA
ELY, MN · NCUA charter 63398 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/ely-area-63398

Who the members are: state charter, organized 1938, low-income designated. 4,523 members of 15,000 potential (30.1% of the field); checking penetration 72% (share draft accounts per 100 members); loans per 100 members 40.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $75.2M |
| Members | 4,523 (-1.8% YoY) |
| Full-time staff | 8 |
| Net worth | $12.1M |
| Net worth ratio | 16.1% (p76 of band) |
| ROA (annualized) | 2.48% (p99 of band) |
| Total delinquency | 0.00% (p1 of band) |
| Net charge-offs (annualized) | 0.02% (p21 of band) |
| Loans / shares | 41% (p15 of band) |
| Cash / assets | 33.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.00% (p69 of band) |
| Operating expense / assets | 2.04% (p7 of band) |
| Vehicles % of loans | 32% (p33 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.00% (p5 of band) |
| Vehicle NCO | 0.00% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 54% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 64% |
| Certificates % of member funds | 0% |
| Average share balance | $6,590 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 40% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $14,057 |
| Loans granted, annualized | $9.4M |

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

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

- 2026-02-20 [Laurie Rozier Stoll Obituary (2026) - Virginia, MN - The Ely Echo - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxNdVpGdjBtTURxNjNMWl9udlNiSlY3M3BYX2VUbGloM0FUMVRIMDhTU0dveVZCQThJaUxSWXJkeWhSWF9FOHg2ZFlrZkx6UExVMGZNOElmVjYySFV6QWxyNmVKVzVIOE5kX1hJcmZoblpHQ0lOSkU3bEQxeTcxclJHZW14TFRPMWdSZ1YwaHpFR09xTG5V?oc=5) · legacy.com
- 2025-07-12 [Ely Watercolor Club show set for July 16-20 - The Ely Echo](https://news.google.com/rss/articles/CBMihwFBVV95cUxNZXlIMW9xTjV3bTFhWXJWUVE2STdTZXllMGk2RWlWcnUzOUFfNGkzRURHUEVqS25kQ3lRRWRPTnAtRkxUWGR4V0RER1c0QW5HUEx2MDNCNXllTTVRZ210YXF6ckJYNElSQkE4aWl1QmRRdlFEcHNsUThDZmE4V0lIWXhjZnVjZUk?oc=5) · The Ely Echo
- 2022-07-27 [When gasoline was 29 cents a gallon in Ely - The Timberjay](https://news.google.com/rss/articles/CBMiigFBVV95cUxORGQyN0trZlVpMWZBUFpPMFpsZjZjbXowaHFlRGJGQWJ1QlJkcDNjbXlKdUFPYTVjd2RZcTA1QmhRZkNMSXVmNjVJbnY3SnM3bUM4YzN6R0RBRWpUOUlIREo2QkdiOGRQNnJVelhLLVFCVGQxNHMwdmt0amxlTU5Wekxfc1l5QWdjanc?oc=5) · The Timberjay
- 2025-04-24 [Green Mining Co. plans cannabis plant in Babbitt - The Ely Echo](https://news.google.com/rss/articles/CBMijAFBVV95cUxNX0F1bWtGU25LaHlUcnowUDBWR290YVBpM0VQRHVEdk1uQ3A1QlRjd0NnR24zV1k3aUUyQ2hOREwtbWIzVDRDcF95a2VfdWdGenh5ODlRa0hnYUlWRWQ2ekEzRHMwdHRmRlJsZ0VVNnRIUkYwM0Npcm9jX3ozTWxndFVlN0xHWkpIRVRnSQ?oc=5) · The Ely Echo
- 2020-06-10 [Gusty winds fuel Ely blaze - The Timberjay](https://news.google.com/rss/articles/CBMidEFVX3lxTFBicnRYcHR3WVo4dkh2dkpQUVVPQWl2RnI3QXM3MUdWRkN5OGRSVE5TSFVzME5UTGxvUHBpQUw0cnd3ZWhOYXVvV2o3ZGRhbmRwTlRYNUVmNHBoZXRIcnJSLU9JcHJ5dVA1cnU1Z1YyZXhDcm4z?oc=5) · The Timberjay
- 2024-08-17 [Todd Scholz Obituary (1968 - 2024) - Ely, MN - The Ely Echo - legacy.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxOcExKM3JQSHRaODU1TkFnNUo1TnkxZkhhTmN4UEd0Wi1tdXlVSDA4VWZLV1BoRTBWRG41OXFvQ2xmRUoyY2ZJQnZXd0lFZEtkM0dsS1JqMmUyckM3eE0zTTNUNDBwU29jYkdSSUNkbi0wSjdZY1NpUEFydXo1bjI5YnNqWkVISXNUV2c?oc=5) · legacy.com
- 2024-07-13 [Ely Watercolor Club show July 17-21 - The Ely Echo](https://news.google.com/rss/articles/CBMifEFVX3lxTE96TzFmN2t3eTJkeEhtYThqZllTVFhTUlI0MVdvRERnNmJ2WTM0WXJEZWE1Smw0TUo2QUsxY3BKNGVwV1dpdEZ6UlRVZTBYVkhQR1RVV1dhNlo3b0VPZEZmLUV5ejlDV29WLUNuWHVDR3BVMzdMd2FTN3FVZWY?oc=5) · The Ely Echo
- 2024-08-17 [Todd Scholz Obituary (2024) - Ely, MN - Kerntz Funeral Home - Ely - legacy.com](https://news.google.com/rss/articles/CBMif0FVX3lxTE81SlRoeHpadmtaMUo0cXhoaHJQeS1sYU5vMTlvaEdjdngySUFTbmdKbWJEekY5LXpWejg1OERqbGhaZ0FnQTFzZTc1aEI2cmlJOWJmTjFzWTlYNDJYc0N0ZFpXTDhpZ0lLcVdoVERkYkktdVFwQTVkbU5hdTdQRmM?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=63398 (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/38.json (key "63398", 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=63398
- 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