# CENTRAL COMMUNICATIONS
Independence, MO · NCUA charter 64196 · asset band <$50M · latest filing 2025-03 · stopped filing after 2025-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/central-communications-64196

Who the members are: state charter, organized 1935. 3,849 members of 715,000 potential (0.5% of the field); checking penetration 45% (share draft accounts per 100 members); loans per 100 members 881.

**Verdict on the desk:** this could be *stressed*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $47.1M |
| Members | 3,849 (-6.9% YoY) |
| Full-time staff | 11 |
| Net worth | $3.2M |
| Net worth ratio | 6.8% (p2 of band) |
| ROA (annualized) | -0.95% (p10 of band) |
| Total delinquency | 0.34% (p40 of band) |
| Net charge-offs (annualized) | 0.31% (p67 of band) |
| Loans / shares | 31% (p13 of band) |
| Cash / assets | 15.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.78% (p16 of band) |
| Operating expense / assets | 4.29% (p69 of band) |
| Vehicles % of loans | 39% (p23 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 39% |
| Third-party paper % of net worth | 110% (p97 of band) |
| Vehicle delinquency | 0.16% (p40 of band) |
| Vehicle NCO | 0.28% (p74 of band) |
| Repossessed % of vehicle book | 0.26% (p94 of band) |
| Real estate % of loans | 24% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 111% |
| Core shares % of member funds | 68% |
| Certificates % of member funds | 14% |
| Average share balance | $7,023 |
| Participations bought / yr | $1.2M |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 881% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $417 |
| Loans granted, annualized | $1.7M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 0 |  | losing money |
| 2016-09 | 3 | thin capital, net worth falling, losing money |  |
| 2016-12 | 2 |  | net worth falling |
| 2017-03 | 2 |  |  |
| 2017-06 | 1 |  | thin capital |
| 2017-09 | 3 | delinquency rising, assets shrinking |  |
| 2017-12 | 3 | thin capital, leaning on borrowings | delinquency rising, assets shrinking |
| 2018-03 | 4 | net worth falling |  |
| 2018-06 | 5 | members leaving |  |
| 2018-09 | 4 |  | net worth falling |
| 2018-12 | 6 | delinquency rising, assets shrinking |  |
| 2019-03 | 7 | net worth falling, delinquency 2x band | assets shrinking |
| 2019-06 | 3 |  | losing money, delinquency rising, net worth falling, delinquency 2x band |
| 2019-09 | 2 |  | members leaving |
| 2019-12 | 2 |  |  |
| 2020-03 | 4 | members leaving, loan book shrinking |  |
| 2020-06 | 6 | net worth falling, delinquency 2x band, delinquency rising | members leaving |
| 2020-09 | 4 | members leaving | leaning on borrowings, net worth falling, delinquency 2x band |
| 2020-12 | 4 | margin squeeze | delinquency rising |
| 2021-03 | 6 | delinquency 2x band, delinquency rising |  |
| 2021-06 | 4 |  | margin squeeze, delinquency rising |
| 2021-09 | 4 | losing money | delinquency 2x band |
| 2021-12 | 6 | net worth falling, delinquency rising |  |
| 2022-03 | 4 |  | loan book shrinking, delinquency rising |
| 2022-06 | 3 |  | net worth falling |
| 2022-09 | 3 |  |  |
| 2022-12 | 4 | assets shrinking |  |
| 2023-03 | 5 | delinquency rising |  |
| 2023-06 | 6 | 3rd-party paper>100% NW |  |
| 2023-09 | 5 |  | delinquency rising |
| 2023-12 | 6 | leaning on borrowings |  |
| 2024-03 | 8 | net worth falling, delinquency 2x band, delinquency rising | leaning on borrowings |
| 2024-06 | 9 | loan book shrinking |  |
| 2024-09 | 9 |  |  |
| 2024-12 | 8 |  | net worth falling |
| 2025-03 | 8 | capital below 7% | delinquency 2x band, delinquency rising |

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

- 2025-07-07 [Merger creates new $125M credit union with expanded metro network - KCTV](https://news.google.com/rss/articles/CBMinwFBVV95cUxPMGpGalBBN3kzdkppWVg4dUFBTHk0TmNIRXExX0szLVBYRmVUVldralF1UVZWM1N3QmdXaE1IazZCTkhvbDNFbmxiNlhxRG5DQ2g4MzhDWFRxcXlrbjNyS0pjY2tDN0pSTnVLSl9aUmNvcUVOYVVPcWlDMnR2bEQ3VEVJTl9wN3Z0V1NJeEJCa2MwcjJQc0NGYkZGYVQyU0nSAbMBQVVfeXFMTXFFVGRseVVyYS12dS03V2ZwOGtnVlB3bG5oQkdsN2RrbXhjQzRldzVRYl9fN3JkOGxLWWY1Y1k0UDJNSS0zXzlKdUhGTjVLVkY0Wl9CTTVCdkNrRlZ1WUsxXzdtR3N1MWpMbXpKVDVVUTlaZktVSXRIOF9WMnhKSEdsbUxWaTlsdVY2SVkxQ0JIN1NPWEZ0ZkNFSFNBeG9QaGlaUkI2MjM0Ql9YcTFBNmdGTms?oc=5) · KCTV
- 2025-08-13 [NCUA Approves 45 Credit Union Mergers During 2025’s Second Quarter - CUTimes](https://news.google.com/rss/articles/CBMiowFBVV95cUxQQkU1Wk5iWXZYbVlIaVFEbVc2VkFZQkEwaE0yWmZZODNNVjg4WFdyeDk0VnJPbkEzLXljSDNydkJDM2d4R1h2aU5oeUJmQmE4TENlcWY5TEtZWnlZWjdYcmdMQ01RNlBkV01pdl8wb2FDaW5NYVBXWDY4OTVVYmp1SVFfQ0JHMWtFVmRoUEhjeHl5c3NTTDQtTVhReGo2Y0NuZkFn?oc=5) · CUTimes
- 2021-07-05 [Trinh Tran - Meyers Funeral Chapel Kansas City MO](https://news.google.com/rss/articles/CBMiVkFVX3lxTFBJYTNVbnlfWmdidTNoSTBrQVM5VHdUbVV4SXhWQ2J3MWN4VUpDTUx3bndsTmtSdl9ETnhlSUQ4eVRrVVd1MG9CVzBpUENuYjZPTlRsSmVn?oc=5) · Meyers Funeral Chapel Kansas City MO
- 2022-06-11 [Tribute for William Hanthorn Trenchard - Langsford Funeral Home](https://news.google.com/rss/articles/CBMieEFVX3lxTFBlTEJrTVZxdEZKLWVka2JFYW9lWFh5clpPSl9udlhFMHZ5eklwdVZBaG1PUWVaalk1cU9SMlVmelYtSlZIc1ZFbkxwRUJZSTg0dVcwcXp1YUVYQ3pYSC1iUHBQbUU1UEFrbGhJR0kzUjNyNGw3ZE4xTg?oc=5) · Langsford Funeral Home
- 2009-05-28 [Joseph Pecina-Pine Obituary (2009) - Kansas City, MO - Kansas City Star - legacy.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxOcktwNWo0RjZnMV9HNTh2SmdtSW00b1QySV9udldBSUdLcWdhbmkwdzQzMGE2ZV9iSS1vVkwtdGxPd3VZdzhUSFp3ZlE0U21nWVIxT3lySENLT2Z4bkhKc0liU0xpdnVqaWlLbkZ1V3haaTYzb0hmZjFBYk1vZ3RWWmg4MzByLUgtTkdQWE1SZE4taDhDZ3c?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64196 (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/4.json (key "64196", 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=64196
- 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