# SOO LINE
Savage, MN · NCUA charter 63458 · asset band <$50M · latest filing 2019-03 · stopped filing after 2019-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/soo-line-63458

Who the members are: state charter, organized 1927. 5,556 members of 18,115 potential (30.7% of the field); checking penetration 41% (share draft accounts per 100 members); loans per 100 members 64.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $39.6M |
| Members | 5,556 (-23.7% YoY) |
| Full-time staff | 10 |
| Net worth | $2.1M |
| Net worth ratio | 5.2% (p1 of band) |
| ROA (annualized) | -12.51% (p1 of band) |
| Total delinquency | 0.37% (p37 of band) |
| Net charge-offs (annualized) | -0.10% (p12 of band) |
| Loans / shares | 80% (p78 of band) |
| Cash / assets | 11.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.76% (p24 of band) |
| Operating expense / assets | 16.31% (p100 of band) |
| Vehicles % of loans | 50% (p41 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 0.39% (p48 of band) |
| Vehicle NCO | 0.06% (p69 of band) |
| Repossessed % of vehicle book | 0.02% (p90 of band) |
| Real estate % of loans | 30% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 91% |
| Certificates % of member funds | 4% |
| Average share balance | $4,169 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 64% |
| Loans granted per 100 members, annualized | 2% |
| Average loan balance | $8,515 |
| Loans granted, annualized | $8.8M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | delinquency 2x band, delinquency rising |  |
| 2017-06 | 2 |  | delinquency rising |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 | net worth falling | delinquency 2x band |
| 2018-03 | 3 | delinquency 2x band |  |
| 2018-06 | 3 | losing money | net worth falling |
| 2018-09 | 3 | repo signal | delinquency 2x band |
| 2018-12 | 4 | assets shrinking, members leaving | repo signal |
| 2019-03 | 7 | capital below 7%, expense trap |  |

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

- 2020-12-06 [Glenn Haslerud Obituary Dec 6, 2020 - Downs Life Celebration Center - Downs Life Celebration Center](https://news.google.com/rss/articles/CBMiXkFVX3lxTE1EdFhwUy16TXJFQlhiNXVEMEpqSl9kdWl0M0hhQjRZMG5GVi1IRWw2ZUNiS3U5a0J5YUJpVUhmaENpLW9RT1B1R0RjZUdtemNUSG9KdW82NVFlV21HTGc?oc=5) · Downs Life Celebration Center
- 2023-11-25 [Gladstone and railroads have long history - dailypress.net](https://news.google.com/rss/articles/CBMimAFBVV95cUxNWTRRRnNYaGw4RmlHekVWdkx0UnJHb1B4MFNrUU1wTlpGMk9RSUpGekxxaE1NcktLLXc3Znd3VThyT3FHUjVaOE1jMHRDRWYyQ21JZjBBUmF5TWZYcncySG1oS0JpRDRtVVlDWUFNcE9zMDk1N1ViYnJLcU9vWmlSZklMWDg3bDJXa2dZcDJfc1BIQUQtUFQwbA?oc=5) · dailypress.net
- 2026-02-10 [Phyllis Jean Kensmoe Obituary Jun 14, 2019 - Lenmark-Gomsrud-Linn Funeral & Cremation Services](https://news.google.com/rss/articles/CBMiYkFVX3lxTE13cnl3Nm0zWVRtVTM0elBLLUtWSGp3dnFORmZBSFVROFdTejd3MDJ0aWV2RzJEMFAwbHphdlpfZF9USDRwdXdvMERaS1FTNDlOcjh4SjdmU2dBUkR5eU9ac1dn?oc=5) · Lenmark-Gomsrud-Linn Funeral &amp; Cremation Services
- 2014-08-04 [St. Croix Cleaners Goes Green - Twin Cities Business](https://news.google.com/rss/articles/CBMiXEFVX3lxTE96MXZNZGQ1MFN6Rl9PU1c1aWFRaG9nUzJrcWNTZUpqblhDa1oxRHp6cUdDV1Mza1FJcmhfaTNCZWpiMmlocXNveS04eU9GQ3pPVkVWdExDS2QxVFhM?oc=5) · Twin Cities Business
- 2013-01-02 [Obituary: Richard Schultz - Patch](https://news.google.com/rss/articles/CBMic0FVX3lxTFBLTEpXclRhQ0RLR2NsNjhFNTBmUHNUdHhRS3FVVklfOUVQclZOUzdfaV9TUWR6ZE1Ja0pZOC1HMnU3bHV0aUd6STRMQVZQVXUwZWdHYk9VREQ2Umd1dXJOaHZkV18tb0tsVFlXT19rc1RHT00?oc=5) · Patch
- 2018-07-08 [George Leonard Anderson, Jr. Obituary Jul 8, 2018 - Downs Life Celebration Center - Downs Life Celebration Center](https://news.google.com/rss/articles/CBMiY0FVX3lxTE5GeWVrcUpsM3hHSHlSdHREN1gySXdaWGdfNjlHRmd2aWNrRjV5M0tOWUpPYjkxUnJLeF8wY3lJbnFtVDJLNWotUndPWWRGVzBHcUlpTnRhVnpIQ2pJaVd5U0JWYw?oc=5) · Downs Life Celebration Center
- 2021-03-16 [May MERCIL Obituary (2021) - St. Paul, MN - Pioneer Press - legacy.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQX29PLWxBUmhHYWY3eHBUMzlibURBdEZBT01vX2pSZ2tDMnVRc2FZeXJnNjFYOVpfaWRGcnlWaElWcDU1Zzlyd1JWQ1hWQzg1LS1QcVEyLWlrQ1pWWlgyb3JzdFlnME9QYWFUMnRqUFhOVmltRmFHZ0RnSk45TEJEbmd0U1Rla1lwNVJZ?oc=5) · legacy.com
- 2026-03-28 [Community Calendar: Easter skate, egg hunts, poetry open mics and Rock the Otter - Pine Journal | Cloquet, Minnesota](https://news.google.com/rss/articles/CBMitwFBVV95cUxQekxhSFVEN1BxdFJDWWlVTEhmYVdiODd3d2pvWXM1RnlQbFdwdkRIN3dpQi1ZSTQ0TC1MTnZhcUhMSjdMMUJ5a0FrdmFlYm9QNnp5cFoyUFBHWlhialgzLWVtUkY4dVZkN29fSUp4VUJZWU9VMFE0ekZncENYSWZKZ09BWHBZZ25OYlpXd2M1ZkVqU2ZoOU5feFdsMDF3UUoyaW1OSlN3eVdBaE44dXF5UW1DV2doV28?oc=5) · Pine Journal | Cloquet, Minnesota

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=63458 (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/34.json (key "63458", 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=63458
- 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