# ACE
Mason City, IA · NCUA charter 64323 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/ace-64323

Who the members are: state charter, organized 1934. 764 members of 1,500 potential (50.9% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 22.

**Verdict on the desk:** this could be *auto monoline*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $7.6M |
| Members | 764 (-2.8% YoY) |
| Full-time staff | 1 |
| Net worth | $1.6M |
| Net worth ratio | 20.4% (p76 of band) |
| ROA (annualized) | 0.45% (p44 of band) |
| Total delinquency | 1.72% (p75 of band) |
| Net charge-offs (annualized) | 0.00% (p37 of band) |
| Loans / shares | 27% (p11 of band) |
| Cash / assets | 57.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.51% (p9 of band) |
| Operating expense / assets | 2.07% (p12 of band) |
| Vehicles % of loans | 72% (p67 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 2.40% (p83 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 22% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $7,669 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 22% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $9,899 |
| Loans granted, annualized | $890,936 |

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | delinquency rising |  |
| 2017-09 | 1 |  | delinquency rising |
| 2017-12 | 2 | assets shrinking |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | loan book shrinking |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 1 |  | assets shrinking, loan book shrinking |
| 2020-09 | 3 | net worth falling, margin squeeze |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 2 |  | margin squeeze |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 5 | losing money, margin squeeze, members leaving |  |
| 2022-06 | 3 |  | margin squeeze, members leaving |
| 2022-09 | 3 | delinquency rising, assets shrinking | net worth falling, losing money |
| 2022-12 | 2 |  | delinquency rising |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | members leaving |  |
| 2024-03 | 3 | margin squeeze | members leaving |
| 2024-06 | 2 |  | margin squeeze |
| 2024-09 | 1 |  | assets shrinking |
| 2024-12 | 2 | loan book shrinking |  |
| 2025-03 | 3 | net worth falling |  |
| 2025-06 | 2 |  | net worth falling |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | delinquency 2x band, delinquency rising | loan book shrinking |

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

- 2026-06-04 [MercyOne Foundation classic Corvette raffle canceled due to vehicle accident - MercyOne](https://news.google.com/rss/articles/CBMiswFBVV95cUxOOXlRb0JzaDREX1RyVmp2Qy1GdjAtbnRwcmpZeTR0am9aUk5uNzlKVG0wZkFWYWVkLTQ0cHdRVHlYSDNaX2VONVBNX0RQc2JKM212RTdHY1JRSFBmMlVsSGctMFhZOEZGbGNCMzJBRnFFRWYyT3VBRlVfUGxvaVg2X2ZMRFpRcHVnWFh4UGJKekV3YVN5UFFTZW51UHhyV0VfTkJqRUx2WnY2UTZ4UWNJZEVSQQ?oc=5) · MercyOne
- 2025-10-29 [Darrel K. Lind Obituary Oct 29, 2025 - Major Erickson Funeral Home and Crematory](https://news.google.com/rss/articles/CBMicEFVX3lxTE40U09QVDFFSVI2eWlKMzdUTlR4UkVfd2pjV2dVQlFXNGdJdU5yYThDdzBpSVBMTGRnNEtBeDVscVN5aVZKVmJqaEdfbTk4RGgzWXdlSllEcG9laUVUb0V6ZHA1NmVJbnB1dldjZHhjdWQ?oc=5) · Major Erickson Funeral Home and Crematory
- 2026-06-04 [MercyOne raffle ends after prize Corvette totaled in accident - kwwl.com](https://news.google.com/rss/articles/CBMi0wFBVV95cUxQdVhhRnVMODE3Z1JIV3JJREZCcHYyVTVlZDFsdTVvaVdQclpraW5sQVB0RTNvZS1zdkYzRmhVT2steGo5Uzk4Nms2SWFfOHV3UHl0ZEFPMXVqQWdIN0k4aTZ3bUp4dWlpSmdFV3BTc1BvNDZiNlBhMXM3ZS1lU0IxR1REbWExOXRyN3Fzb2lTSGNkc2xFRUlnZVdmMXhFWUxCbDA2dmtXbDlfWVlKelFYSDlWQXY0RVZINEtOVUZZNTBzZFp5NVRlOGtIdmhWZjhrU3pV?oc=5) · kwwl.com
- 2022-06-13 [Video: Ace Frehley Throws Shade at KISS's Paul Stanley for Allegedly Using Backing Tracks Live - MetalSucks](https://news.google.com/rss/articles/CBMiywFBVV95cUxOSnhiQkVLS1J0SG1KbVpUSHlMa3RDemNYTXdoS1hCZ3V4RTZ1YS1PNURua2hmUmI1aE10YzdreG5neHppMWUyNG9BdzltclpJQnZrZ0V1RkRWZklIS3lHanJHSVNvNHdGOFFscGU1RDBldy1JR2JKVk56WXdaX1l1b0hnbGxuNC1MVjZ4VmxNNzAxWVc0d1ZQZFhmY0VHc0Zud3V0ZjBJcGItMXI3TjAyYW1vUmtOTXd5UE1FNEltRUdrakdzaTB3c3BHVQ?oc=5) · MetalSucks
- 2025-02-16 [Waukee man will serve 32 years for orchestrating money laundering scheme that hit 8 Iowa banks - The Des Moines Register](https://news.google.com/rss/articles/CBMi6gFBVV95cUxOc0NYdHJvejUtV0pLcXNzUldYN3V6c3FkTHhrUTNuWXIwVFh1RkNfN2F5SE9SdFhiM3NjS0o0LVhnV0lMUlRTQk83QkdwVE1ubEFmbVdYbmVodnVjdFRvNjZhRGw5V0xGaE5pN1FuYzBTZTVsNTFKZTZtNWM4enBBZW5ybTlKSHpTbjJlQ3VxTGFVb3ZpNW9weG1oWF9rNGk4M1VnYl9TdGhldjlxTlJ1Q2E0THM0MFdLeWxlaVBYRWFyNHdzc0plTUlHYzBMb3hZTVlmeHNLOVVPWGU4R1lSYnB4RU9WZ0NrYXc?oc=5) · The Des Moines Register
- 2019-03-25 [47-Year-Old Credit Union Lender Steve Federspiel Wins MSPT Meskwaki - PokerNews](https://news.google.com/rss/articles/CBMijAFBVV95cUxQdFBJUzREOGdvZjNhRnF4dzRpbVBqNU5ncUllejBUS0VlNkN0Q3Q3SnVVcW1FcTctSjVWRm9MUXVWeFNzb2lTQ0Fmb3BQUzgzZEIyMEdqRWdaWW9Xa3V1Q1RkUUdDQmtBeVRBcFpidVZ0UnlwRzJiR09oZGUwTGlhb3lKa0o1X01xa0k0Qg?oc=5) · PokerNews
- 2017-12-17 [Frederick James Humphrey Obituary Dec 17, 2017 - Major Erickson Funeral Home and Crematory](https://news.google.com/rss/articles/CBMiggFBVV95cUxOZ0VPa1VUQTBiUzJkOGZ5X3hsbkxPNkRlTzg3T0JVVnc0bGJpaXZVSGdDWlhONWRGSmJhbjZwYWVMMExlUW0xcTNmZzdMeGRZMVFieURoZVlBY0ZLR3BGdGFDT0ZxQ3RQR2ozUUI2VHpZRlViSlNYdVJEWjRTbnZKWmhn?oc=5) · Major Erickson Funeral Home and Crematory
- 2024-07-16 [Johnston developer at center of fraud allegations remains free in North Liberty - The Des Moines Register](https://news.google.com/rss/articles/CBMi8wFBVV95cUxOam9GVEFHRWdvUVJOcjZ6RmVwVXN3b3BsVS04elZRVlNBdGM3NXdwUVBtc0VPRl81OHV0am5lVTEyVVpnVVQ4ZlMtYWRFZENTMHp1RHVmbnNrLVpqaFpodzdzYnRCT2hWYWZOM21Od09sUGszVjUwb1lfVnFhdC1uY25UYXVVYnU5UGVFWFZ2cXVxWjFmZl9OY2p3YXV0Z1R0UVRaNEtqSE5CWXZ4Ul9sVHdzcGFHVUlDTFZBQWJjeVQycEVQSHR6WDBtb2t2TUFXWHhyTDI1djhaZ1JoZHZzVmU4czFsWXpEM3Qza3NCT0NTbGs?oc=5) · The Des Moines Register

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64323 (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/3.json (key "64323", 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=64323
- 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