# MULTIPLI
Springfield, MO · NCUA charter 63411 · asset band $100-200M · latest filing 2024-06 · stopped filing after 2024-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/multipli-63411

Who the members are: state charter, organized 1934, low-income designated. 10,320 members of 806,744 potential (1.3% of the field); checking penetration 70% (share draft accounts per 100 members); loans per 100 members 796.

**Verdict on the desk:** this could be *participation 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 | $184.3M |
| Members | 10,320 (-2.3% YoY) |
| Full-time staff | 36 |
| Net worth | $25.7M |
| Net worth ratio | 13.9% (p79 of band) |
| ROA (annualized) | -5.46% (p0 of band) |
| Total delinquency | 0.53% (p46 of band) |
| Net charge-offs (annualized) | 0.84% (p87 of band) |
| Loans / shares | 76% (p57 of band) |
| Cash / assets | 25.8% |
| Borrowings / assets | 3.26% |
| Net interest margin | 1.56% (p2 of band) |
| Operating expense / assets | 3.89% (p65 of band) |
| Vehicles % of loans | 28% (p30 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 22% |
| Third-party paper % of net worth | 81% (p62 of band) |
| Vehicle delinquency | 0.71% (p62 of band) |
| Vehicle NCO | 0.45% (p55 of band) |
| Repossessed % of vehicle book | 0.00% (p33 of band) |
| Real estate % of loans | 30% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 152% |
| Core shares % of member funds | 68% |
| Certificates % of member funds | 19% |
| Average share balance | $6,220 |
| Participations bought / yr | $1.6M |
| Participations sold / yr | $2.6M |
| Participations outstanding | – |
| Loans outstanding per 100 members | 796% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $1,379 |
| Loans granted, annualized | $40.2M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)

## Warning timeline

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

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

- 2026-09-02 [Sponsored Content: Multipli Credit Union: Taking Out a Mortgage – KOLR - OzarksFirst.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNNklFQ3RKekQtSHU3eFdoU05GVHVaZ2RMNU9tTlZmZ2JFSURhbGxFcVAxWGVpcnVoNmpZY3prXzRFVGpJV2V3dklKdWFmdGhjeF9CdUlsTl9seHdjbHVDUHVtWmdiZGo3TmdyRjlWcko3YWhfUkwxN1BzQm51dWlaWVU2YVR6Skh3ZE5KZUR2eWZfcG9nLTd5Q2xJeG5CZjRXaG92NzNBLVE?oc=5) · OzarksFirst.com
- 2026-02-04 [Multipli Credit Union’s new building to be completed by early fall - Jefferson City News Tribune](https://news.google.com/rss/articles/CBMikAFBVV95cUxPZjBWVXI4aGZIeDh0TEJfNkFYR0kxVVlwZXhpelFvMFNpdEJSTjBXX2xuZ1BxTXRIaG5zeW54djVNLXloTldNMDhONm9oSkZKSUhROVdDWEktWTFWZldMRXFkUzVqVjVjckNmZUlNT1BDT1ZFdFBNOHk2ekJBZG5uWVZpTE14RzAtdHFrbTZRSjM?oc=5) · Jefferson City News Tribune
- 2025-05-27 [River Region and Missouri Credit Unions debut new merged name: Multipli Credit Union - KOMU 8](https://news.google.com/rss/articles/CBMihgJBVV95cUxPcUhTT19qeXBPUm9kdTVxNFlDVlN1U2U1TWQ0UUpvYUl4RHlzX25vSGszR0ppTGh6MlpjOU1oVEd5Vy1DRlRWY2ZieUZwc05xMURlYXNGV1k5dUV2VWVBTnhMMERRc3VjVEtGUkJNQWVTQms4bURYV05wN3dsZ2VuNUt1RGxDby1MNjF2bkxKd3VVeTBmcTBPd21TcXN1VmV1bmpPLXgtQm95OWVFQjdzd19DR0VpbFowVzhzVlg0UEFoVmJqdnN0VWdhbkF3MVQyUjNaclVoNEVLMnZwZzdyY014YkFZVzRMSHpLQjNsYkk5ZnozbDUwQjRma3FoX0Vmb2lzNjZ3?oc=5) · KOMU 8
- 2025-10-23 [Think Pink Putting Challenge moves to Multipli Credit Union - KRCG](https://news.google.com/rss/articles/CBMigwJBVV95cUxOT05SdEZIZDA5MEdkYmVJVmxwR0VtQ1VsUXdnZkdWb0swbGgwcVVqSmdVMHAtUk1YZy1WTm05dHdFSHZyUWZXTzFuYXRxMnoxSHJTNkVxMmx3YlVvd0VJS25VS1JKMHhvZjJWNl9HQmVpU0I5eFZuZzBMN0szLVBhMVVETlpYSUhubXlmR25JamFuZzVqQ0ZLTVA4WDZWS1ZNSk9YYVhQVHowRTU3REJ0czhEdnphbkpHTkZKeDNSeFVFQXBzc2Nha2I1NUdxLTFOM0hLazR0MnBmdXVSU3YzdnZhODNMRlRKSFh3UE9ueVR0Y3haZ3cwSXhxeWhod2FsTUlV?oc=5) · KRCG
- 2025-08-26 [Multipli Credit Union Enhances its Elite Partnership with Mizzou Athletics - Learfield](https://news.google.com/rss/articles/CBMirgFBVV95cUxPaWZkaUVSOHl3QXAwSzV2Wm1Ndms4UHczbURaRS1SVUZFQWIzbk1EYU5sTVFBekoyT1JDb2J2T3l2Q0Fpd0Q5bGpkTFFaMzViei1TcE1IUGNVd2dIUkNlRjl0ZUM2UnFlWkphYXY1VmJjOUcwakc3TzVmR3VjSDlTbE9JTTFwa1dtU2MwakszYjA1Q2FSMV9lZlhjUHJQS0tVNE5Ta0x2cHYyMGlkSEE?oc=5) · Learfield
- 2026-03-25 [Construction moving along on Southwest Boulevard Multipli Credit Union - Jefferson City News Tribune](https://news.google.com/rss/articles/CBMimgFBVV95cUxOckVBYVg0XzVYMXNQZW4yLURPMkl5MWxFT1hERERRSjJNX05LY05qbWVNc2lWTFVjQ3puM1dBdkF3bjM3MDh4blBLRGhKZnlQTDhTVVVrTDVBUHA5X0NIeXlxTlNrNWFodWo2cFVaQU5XOTJqMk5GNFhnaEpyblJldjM0SFpKN1lUN0JBcWV5ODZSa285Q2ljOUp3?oc=5) · Jefferson City News Tribune
- 2025-05-28 [Multipli selected as name for combined credit union entity - Springfield Business Journal](https://news.google.com/rss/articles/CBMikgFBVV95cUxQUWtpM2JHMDI1aEc4ZkhaVHVVTFJmZ2pNblE3aHpTRVJiaTRxdy1WWmZITklzS01DQlF4SjBsVXNtNzA5bjdvTlBjbWhlMU1qQ0x4amdZOE5CUHdMU1lNV2F6MTZmb2M2ZE1tZUNnR0RpeXBxSVJabUNBMVB5cG1SaGJ5QWIzTWQ2UnV1MWpxOEFadw?oc=5) · Springfield Business Journal
- 2024-11-08 [River Region Credit Union eyes growth after merger with Multipli - Springfield Business Journal](https://news.google.com/rss/articles/CBMimgFBVV95cUxQNWdZSjhod3EtbTdvdFIzU241eTRLSGx1N25laGR1cjN3aE81RTRRTTFRVnc5Tl9oZ1MxU3VfalNadUhQbnJaQTlCTzFURlBKR0JWcnNic2hkMjBvR2MtZlBuWG80VXhIWmNRWjR1RUNBb25kb2pLVElTa3ZYQklYQWhwYURGQ0VycG9IckFjSU9idTZ2NHMxSXJn?oc=5) · Springfield Business Journal

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=63411 (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/51.json (key "63411", 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=63411
- 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