# DES MOINES METRO
Des Moines, IA · NCUA charter 64380 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/des-moines-metro-64380

Who the members are: state charter, organized 1938, low-income designated. 7,007 members of 881,208 potential (0.8% of the field); checking penetration 46% (share draft accounts per 100 members); loans per 100 members 41.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $75.0M |
| Members | 7,007 (-1.0% YoY) |
| Full-time staff | 13 |
| Net worth | $9.6M |
| Net worth ratio | 12.8% (p49 of band) |
| ROA (annualized) | 1.19% (p75 of band) |
| Total delinquency | 0.71% (p55 of band) |
| Net charge-offs (annualized) | 0.39% (p63 of band) |
| Loans / shares | 61% (p50 of band) |
| Cash / assets | 41.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.68% (p51 of band) |
| Operating expense / assets | 3.10% (p34 of band) |
| Vehicles % of loans | 37% (p40 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 28% |
| Third-party paper % of net worth | 43% (p75 of band) |
| Vehicle delinquency | 1.11% (p73 of band) |
| Vehicle NCO | 0.53% (p67 of band) |
| Repossessed % of vehicle book | 0.57% (p97 of band) |
| Real estate % of loans | 40% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 62% |
| Core shares % of member funds | 76% |
| Certificates % of member funds | 18% |
| Average share balance | $5,614 |
| Participations bought / yr | $400,000 |
| Participations sold / yr | $0 |
| Participations outstanding | $6.3M |
| Loans outstanding per 100 members | 41% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $13,636 |
| Loans granted, annualized | $9.7M |

## Participation posture (from the same filings)

Bought $400,000 and sold $0 in the latest annualized quarter; $6.3M outstanding purchased (66.3% of net worth), $0 sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares 2.1% year over year.

## Flags firing in the latest filing

- **repo signal** (`aq_repo`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | net worth falling |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 0 |  | net worth falling |
| 2018-03 | 1 | delinquency rising |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 | repo signal | delinquency rising |
| 2019-06 | 0 |  | repo signal |
| 2019-09 | 1 | assets shrinking |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 0 |  | assets shrinking |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 2 | margin squeeze |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 3 | delinquency rising |  |
| 2021-09 | 2 |  | net worth falling |
| 2021-12 | 1 |  | delinquency rising |
| 2022-03 | 2 | net worth falling, repo signal | margin squeeze |
| 2022-06 | 0 |  | net worth falling, repo signal |
| 2022-09 | 0 |  |  |
| 2022-12 | 1 | delinquency rising |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 0 |  | delinquency rising |
| 2023-09 | 3 | delinquency 2x band, delinquency rising, assets shrinking |  |
| 2023-12 | 2 | repo signal | delinquency 2x band, delinquency rising |
| 2024-03 | 3 | charge-offs p90 |  |
| 2024-06 | 0 |  | assets shrinking, repo signal, charge-offs p90 |
| 2024-09 | 1 | repo signal |  |
| 2024-12 | 2 | charge-offs p90 |  |
| 2025-03 | 1 |  | charge-offs p90 |
| 2025-06 | 1 |  |  |
| 2025-09 | 0 |  | repo signal |
| 2025-12 | 1 | delinquency rising |  |
| 2026-03 | 1 | repo signal | delinquency rising |

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

- 2023-11-08 [Money magazine names Iowa's Veridian among best banks and credit union in Midwest - The Des Moines Register](https://news.google.com/rss/articles/CBMi4gFBVV95cUxQTTlvVnhXQy1QYjN5Z2lzN21pQ3VBaTJROVlRdjE0TFF5aGJ4WVhtTXF5VFNMNUZGZmREYzhWMmZpVC0zRUhYaVA2d0hqYkhXaWlUQ2lSSXZNUUJpQUVKMkpONWQ3eFNHSUsyNlpFMnd3Y21oTTBSY0pGUTZndm5WNUVyZGIxbHJFdUQtMVlLQlphd1doYzFYV09wdEFWZ25sbGt5bDRnVkluX1VSb1RIRG5qcnh0d2hCYk5ZNlB0OGhOLTNXNjU2WVoydm9hM3JEQ09jTzlHc1RrYzNYVG5OeE1R?oc=5) · The Des Moines Register
- 2024-06-04 [Kathy Propps Tate - hamiltonsfuneralhome.com](https://news.google.com/rss/articles/CBMiYkFVX3lxTFBSVWJ6b1pHbW1CZFhyUGRLSzVna2I5MVNwc3l3dXFzcFJONWdJY3ZZeUZtdnNYVlExVXQ5U3VpTTJvOGRyVmFSYXVaQ09uZ1BCbVRfRXBmZVFlbzRnOTVwSGRn?oc=5) · hamiltonsfuneralhome.com
- 2022-03-11 [$1 billion loan program by Iowa credit union aims to help close racial, ethnic homeownership gap - The Des Moines Register](https://news.google.com/rss/articles/CBMi7gFBVV95cUxOWmNjeVpBS2pCR19rNTVQcmQ1SWxzUFFTSEFRNFNpanlDVF94SXRKYWlXSU1jSF9wU000cXhQeGtzNGJhMXROTE9IR0xOMkI3d3FqbmRHZjVmSkRsWUY1RWpwbFpMTnFJR0R0UTRFbHN0YVBYR0hLSWo4SDVkbGgzaHB1a2FWclE4RktrRHFjdThoWTIyUmp2OVhURGlHTjdob1FScTlWNVdDMVJKQ1ZOa1NrS1gxeDlkNGNSUlhWVi14WThXV2NIekxMZTdWNnlvZWFsbW1MeXR1aHdzZWowOHZKRWthMUl2dVZDX1p3?oc=5) · The Des Moines Register
- 2021-03-21 [Barbara Kuhns Obituary - Ankeny, IA - Dignity Memorial](https://news.google.com/rss/articles/CBMigAFBVV95cUxPVnZ4VGhNU3B2R19CLWZrTk05eFVpSWl3VGg2c0pJem83S1RLN0x3WnNYZDh0NmdUSHVXcm1FX2tjcWFhTW42MmxjYl94SmVRX181TGlHOUFWQjgxN3FJOEJicW16S2VCMi1CX2tCNFJiU0VQLTR1VDZvWDFmLUFELQ?oc=5) · Dignity Memorial
- 2019-10-12 [Linda S. Baker - hamiltonsfuneralhome.com](https://news.google.com/rss/articles/CBMiY0FVX3lxTE51U2JVeHV2SEltdjR3ZTU5Smt4eFlCTGY4cFRTWkhEQ1RKXzJpLUxOZmM2WXNNX0JsZWRFOXhUYkpDbjVQMVhvZWYzSFBxYWRSTzdTVi0yWTQ0RkRVbEY0TnlhQQ?oc=5) · hamiltonsfuneralhome.com
- 2014-10-09 [Iowa Credit Union League names new board members - The Des Moines Register](https://news.google.com/rss/articles/CBMitAFBVV95cUxQU0szQ0tEanhXX1RXX0VZUllOME1vbnUtVHE5WHNRaFl1eHdJczcwUkRWbkk3YzhIWmR4UlE2MmxuMXVoQ3BHWEhmdjRiU0o0V2l6MVNCRmt2VWVWT09EN0hxdmh1SHhaYzRSSHRRdVdQeHJxT2RsSHdVaDFwOFNucGVuNXFMaWJiby1rdGo2VXpkM2tlMWtGb2x2NF9VSkVHNzhnaWZmUHYxbWNNZ1BCdEhsZng?oc=5) · The Des Moines Register
- 2019-06-25 [Iowa credit union to buy 7 First American Bank locations - The Des Moines Register](https://news.google.com/rss/articles/CBMi7wFBVV95cUxNdWVmU25lYjZJOHNrR1puM0djVnE1enVwZ0JLcjhINGxLdzR2a3lJamZycjlvOGZPLXRveVg1M3YxZ2JuUjJ6VTU2bGF5R0hNaWdEeDdBUUlKc1RISVVtVEJLZk5XeUFCMFF5Mm1SQTVwUUZnbHhYbHZiRU81bnNRZWsxYkxzU0Q2Q0lzSWNneUhLeFBBbHFCd25oTllvajU3aVJ3dTV0YmE4N2w4eGR0ZlNkWW9rcVVORVpFTk0wNmh1aF9YQlFyUHFPWjI1YzMwbkdfcGtTcGlDYUlqUjFVQ0dnNjZiU1hqeEhhb3BhQQ?oc=5) · The Des Moines Register
- 2023-03-29 [Linda S. Baker Obituary - The Des Moines Register](https://news.google.com/rss/articles/CBMiZEFVX3lxTE94d2Y5UlFsUWY0NnRweGJwclJ1N05tS3Y4S0RZTTJSOUxsVVFKSkRGM2lJdHkyQ3JLUThQNXFWaFkzT2RBc2xEY2lQSms0cjFoMnVaVy1kaktPVTY2UnBXYktoNGE?oc=5) · The Des Moines Register

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64380 (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/60.json (key "64380", 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=64380
- 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