# CORNERSTONE COMMUNITY
DES MOINES, IA · NCUA charter 64339 · asset band <$50M · latest filing 2019-09 · stopped filing after 2019-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/cornerstone-community-64339

Who the members are: state charter, organized 1931. 2,143 members of 50,000 potential (4.3% of the field); checking penetration 40% (share draft accounts per 100 members); loans per 100 members 43.

**Verdict on the desk:** this could be *ordinary*. 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 | $20.5M |
| Members | 2,143 (-33.0% YoY) |
| Full-time staff | 4 |
| Net worth | $2.0M |
| Net worth ratio | 9.5% (p18 of band) |
| ROA (annualized) | 0.34% (p37 of band) |
| Total delinquency | 1.10% (p61 of band) |
| Net charge-offs (annualized) | 0.11% (p39 of band) |
| Loans / shares | 87% (p83 of band) |
| Cash / assets | 6.6% |
| Borrowings / assets | 5.40% |
| Net interest margin | 2.44% (p12 of band) |
| Operating expense / assets | 3.61% (p53 of band) |
| Vehicles % of loans | 52% (p43 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 1.55% (p76 of band) |
| Vehicle NCO | 0.18% (p60 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 42% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 123% |
| Core shares % of member funds | 31% |
| Certificates % of member funds | 37% |
| Average share balance | $4,234 |
| Participations bought / yr | $401,691 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 43% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $16,074 |
| Loans granted, annualized | $4.4M |

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | repo signal |  |
| 2016-09 | 1 | delinquency 2x band | repo signal |
| 2016-12 | 0 |  | delinquency 2x band |
| 2017-03 | 1 | members leaving |  |
| 2017-06 | 0 |  | members leaving |
| 2017-09 | 1 | members leaving |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 3 | delinquency 2x band, delinquency rising |  |
| 2018-06 | 5 | charge-offs p90, assets shrinking |  |
| 2018-09 | 4 |  | delinquency rising |
| 2018-12 | 4 | losing money | charge-offs p90 |
| 2019-03 | 3 |  | delinquency 2x band |
| 2019-06 | 4 | leaning on borrowings |  |
| 2019-09 | 2 |  | assets shrinking, losing money |

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

- 2026-03-02 [Charting the next chapter: Orsa Credit Union names Shawn Wolbert chief financial officer - CUInsight](https://news.google.com/rss/articles/CBMixwFBVV95cUxOcjFVNkEwbjUxRDlXUkhWdUpyRjN3cFFvZGdiaFVsVkVlQktsWTREOGdqZE5KakhmUFIyNjJwN1FXZkU0Q2EwNnhST3haYVpMR0lGdkZCQVZvVHAtaXJ0TTRJTEFEZTZtaXFmQm5SSTVGTmhoQmFINWE2SkxKOG8zeXhfSlFOWlB4WS1PckxVR1g4SWRRWGlSZ3pwT1lwbFRwUFltcUotYWRpRndGdHcwQWFBZllrcm5paFM3X2R2QzE2SHQ5d2ww?oc=5) · CUInsight
- 2025-12-08 [Marquis Software Solutions Under Investigation for Data Breach of Over 780,000 Financial Records - Schubert Jonckheer & Kolbe](https://news.google.com/rss/articles/CBMickFVX3lxTE1vZVQ4bU5jSFVZOGJmZmVqbDJWLXBOcHcxWUZISVE3djVZZVM4ZHFaRTdFTk9vMGptMU5fY2NjMmNRRlRSX1BHVEJ6VjdDeHlSNEZIeTNYU2VoYVRaaDZqT2otMUJvaEROYWx3OWdlQmdIZw?oc=5) · Schubert Jonckheer &amp; Kolbe
- 2023-01-05 [Eric M. Hepkins joins Cornerstone Community Federal Credit Union - Buffalo News](https://news.google.com/rss/articles/CBMi7gFBVV95cUxOWF9nTTlIVjUxME9ac3dkTV9zU0xwWndSUnM2T0VISkpDekF1d0N3SUpUaTBNUlEtcUV5RDlNUm94bzl5VXAzMWF1ZVVGX2xHWE9kQUNHREhfal9CR0tVeV8tQkdlb1REN0trYUhlVFFQaWM3SFBscXQ5V3VaNXZKNFo1LXhQLS1GT0QybEllSW9JaGVHby11Z25QWHMyU3E5UDVjWkd2NEVsU2JhaUNsSjRXT3loaWNiRXpnUEJIQW1YYWFFMVU4enVWaVVZMGZyUG5UZUhaM2g5VzRkMUtscG8tVFoxZnVLZEVkTWx3?oc=5) · Buffalo News
- 2026-06-08 [City's 12th bank opened Monday - Messenger-Inquirer](https://news.google.com/rss/articles/CBMiwwFBVV95cUxOMHI2ckJUQ0FGb29fY2h2R3MtbWVROWhVWU5GUld1dWMtWll6bl9FUXpMazhvRkNiMjZJdjM1UlFhWnUxWlpUSVJxS0JRcDNCa2lUX1Q4Q1A0dUtrQzdLclJueEFKSUpPMUVzNDh4eFV1YUVmaklBTzBfelRtcFZlamNJVVJ4eUdiUTlWbkFQaWVEbDVyYUVrdjAxRG9VaEFGZGFVcWt3UHpJNTJabFdsY2NVVkdxbHFVODJLQml1OFE1TE0?oc=5) · Messenger-Inquirer
- 2020-08-26 [Members of Iowa credit union vote to merge with Vibrant CU - americanbanker.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQVWpiN1NkN2FQOS1NU25yQVFudExrNXIzVGU4MldXbWZEQ2tjek4yWThfRlItNFpEek5JSy1nVW1hVGxwUnRnb05DR1c5MGZTRW1OSkh6RkNVTVU4bzFVb3NhS1k5bmU4VGlsNkQ0MlRnY3hfYUM3a28xV21rUW9PUlJZc2NCRFBBV1k1M09RMDRTNEpfUEhYbUJybXRudVdqNEJCSklNa2lQM1E?oc=5) · americanbanker.com
- 2026-01-27 [Hudson Valley & Telco Triad Community CUs Unveil 5 Hires, Promotions - CUTimes](https://news.google.com/rss/articles/CBMipAFBVV95cUxQR3MzUzhhdzlmSEtNT1hRTFRHbXo5SWFQRFUzMURjMGU3NUdndmZtRzNnOVpmMWVWaEJWMTI4SjRyTGtVZVJ1aFpHNHNhLU1waEo5dW43U2dkUU1XWTFIUkpKYW9HUTRzdndQbHNLTXpJbDQwa3BabWNiYWlsMWtmclkxMXFnTFQzUUZ2dHlnd09vZlNRNm1tOEpmc0FYMDVxNWo3eA?oc=5) · CUTimes
- 2016-04-20 [Younkers memorabilia featured in local credit union - The Des Moines Register](https://news.google.com/rss/articles/CBMirwFBVV95cUxObDZqQlJtaFRJYTRVZE9JRXFVZkVTYThnY2o0Q3lpLVdXQ1VuSHQyVzB4N09OODBVS3NWZF85aHEwdHY0eTVYRFoyWTJ1YlpQbktjVUNIdVBvTktrUkFPQmF3NjVfS3FnVTM0WjgtOHcwODhaZVI0eTJFMGJWRFlqSXdqWDRpejlPNFlfWHpFek96aGtTZlpKZG5hTXpkLUdHRk9NcHpSLS16MVdQcjVV?oc=5) · The Des Moines Register
- 2025-12-03 [Marquis data breach impacts over 74 US banks, credit unions - BleepingComputer](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNN25wV2ZwYk9ESjhEMGdsY1N4dXdSV2FBTUo2R21EX0JoODBvWlhTcVJ3TmtDdW5veDVucFZwS0V2M0Z5VGJsLVQ3MDJWQUpISFgtb1p6aWI0ZnE2MVdjTU8xXzZuclIwQ3ZGRVBCYl9jWXJjeURoNW9UM2hHay1uOElZSENqalFVWndUYV9xUjRnQ284QkpDSnJZNENHOHRfMnhDSnlSbXRzQdIBrwFBVV95cUxPNWZVaVhpYWZHQmVuT1ZWMUt1eTN6VjE1YnE5VC1wWWo0UE4xUG1BSmduNnBZckhtZE5ZTUFkQjdXa3dQS21JMHlIc015cEhsdkVfRzRsSU9YN3owcWFOcWNQQWJTcmxLcjJlYnRUYkd5UFBVclVVODdhVGQ0RTZVZjJDZlpiUWNQWjllcDBVcFQ0WW9qQ1dNNVY2TDNDeS11cU0xN2lNNHdnSG5mckE0?oc=5) · BleepingComputer

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64339 (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/19.json (key "64339", 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=64339
- 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