# HEARTLAND
Springfield, IL · NCUA charter 64441 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/heartland-64441

Who the members are: state charter, organized 1946. 35,517 members of 932,407 potential (3.8% of the field); checking penetration 39% (share draft accounts per 100 members); loans per 100 members 376.

**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 | $574.6M |
| Members | 35,517 (2.8% YoY) |
| Full-time staff | 78 |
| Net worth | $75.9M |
| Net worth ratio | 13.2% (p83 of band) |
| ROA (annualized) | 1.53% (p91 of band) |
| Total delinquency | 0.18% (p9 of band) |
| Net charge-offs (annualized) | 0.27% (p33 of band) |
| Loans / shares | 77% (p36 of band) |
| Cash / assets | 18.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.32% (p40 of band) |
| Operating expense / assets | 2.54% (p11 of band) |
| Vehicles % of loans | 87% (p100 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 83% |
| Third-party paper % of net worth | 381% (p95 of band) |
| Vehicle delinquency | 0.20% (p12 of band) |
| Vehicle NCO | 0.46% (p27 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 10% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 46% |
| Certificates % of member funds | 21% |
| Average share balance | $7,848 |
| Participations bought / yr | $6.9M |
| Participations sold / yr | $22,048 |
| Participations outstanding | $14.0M |
| Loans outstanding per 100 members | 376% |
| Loans granted per 100 members, annualized | 142% |
| Average loan balance | $2,853 |
| Loans granted, annualized | $205.4M |

## Participation posture (from the same filings)

Bought $6.9M and sold $22,048 in the latest annualized quarter; $14.0M outstanding purchased (18.4% of net worth), $12,814 sold and retained. Sold in 6 and bought in 8 of the last 8 quarters. Shares 9.4% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 3 | net worth falling |  |
| 2018-06 | 2 |  | net worth falling |
| 2018-09 | 3 | loans>95% of shares |  |
| 2018-12 | 2 |  | loans>95% of shares |
| 2019-03 | 3 | net worth falling |  |
| 2019-06 | 2 |  | net worth falling |
| 2019-09 | 3 | delinquency rising |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 4 | net worth falling |  |
| 2020-06 | 4 |  |  |
| 2020-09 | 2 |  | delinquency rising, net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 4 | net worth falling, margin squeeze |  |
| 2021-06 | 2 |  | net worth falling, margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 4 | net worth falling, delinquency rising |  |
| 2022-06 | 2 |  | net worth falling, delinquency rising |
| 2022-09 | 2 |  |  |
| 2022-12 | 3 | delinquency rising |  |
| 2023-03 | 2 |  | delinquency rising |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | net worth falling |  |

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

- 2026-03-09 [Heartland Credit Union selects Aaron Rios as new CEO - CUInsight](https://news.google.com/rss/articles/CBMimAFBVV95cUxPRVc0T3Y1OU9MOEZxTzBrbEdVQl94Ui10VjliLUN0YXZrVTNxNHRPNkY3alFjWWljWnIyanpLMGJXX2piMVBuT2Ywc2Z0bWRHU21ua1h5ZXpKdHY0TjVkWUlyUzZ4eThjd01vV3pCd2d1WFRYZi1ab0FZWnR0bUlyREdVeFlka3lNNUFuSm1vUDVaZmlnampkVg?oc=5) · CUInsight
- 2026-03-09 [Heartland Credit Union Names Aaron Rios as CEO - CUTimes](https://news.google.com/rss/articles/CBMiigFBVV95cUxOclRLdzdwVnJYeTZfVTR6bDlYR29MUjBJVU1JM1h0TjJ4TVRzR18wSzYtYzUzaEJxb0xJTldpekRqVnB1WlJOUVlodUxjSkNUb0F4eVNXRnNQbDdITTJDNVB2aEoxT3NOU3Y2M09SUzUweWRVVVJ0dWVQcDNIdWJWeTdwOWcwVmxoWEE?oc=5) · CUTimes
- 2026-02-26 [Need a passport? Springfield event offers quick weekend option - The State Journal-Register](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQSXhaSzFlY2lKdDZkbHhqYW95bG5wY2R0Y01hVDVCOVBjQTBvSjFnZlZmZjNIN0hTMGRWUlZpc1NHSXFzV1lGUzNGTkdVYmVHbnpkNDU0LVlJY2FMdjVrU0IxM3RvVUxEbVhsVVY5Z3EyZlhyVkxTUl9Xb3hwUTQzeTVWbTJnVDM0THMzRm1SX010SHpTYTc3b3h3Q2IyRlhWY0JkUVEtTGh5YnMyaWpTNHFYTTdmTWJzR2U2SWdzY01LQQ?oc=5) · The State Journal-Register
- 2025-10-16 [Heartland Credit Union hires CFO - springfieldbusinessjournal.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxOZVcwT1lrZE1za3JyY1NZdUk3dmtOanlkQjBvVWtxZC1nZVNndkx6Y3hDM2lacUdmQ1BaVkdjT1hLeENpYURtdmUwbC1PcWJUOUdXRUFOYVdQTVhyaXBOR3RZUmZOdnpMODA3RmtLSFNCYllIXy1WbWpyWTZNQlRxbzJtZVBJRkg5ZjkzWUxRVWJMX0Uw?oc=5) · springfieldbusinessjournal.com
- 2026-03-12 [Heartland Credit Union names Aaron Rios as its next CEO - The State Journal-Register](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQN3R1cjFNN0ZJVXZLbTJ2WWN2VGxFYVRWb2lybVBzejlVNWtNMFdLN2M4c3lETUxzcDJlTE9ibGFLQWZ3WnFKeTVTWFNBWEZuVHFPZ0stckdYWURVZzFaN2hMaVJvVmlqakJFMkRVZHcwOXV2X3FLbzJsYnAyWkJMWC1GQl9pdXZEWXFqOXlFcnBJVlBHOG40dmN4VWZ1bzcxeDJSVUpDWEltb0k?oc=5) · The State Journal-Register
- 2025-10-18 [Heartland Credit Union names new chief financial officer - The State Journal-Register](https://news.google.com/rss/articles/CBMi8wFBVV95cUxQcXBCUTZweENPdWI5M3cyMGZTdGp4OThXaUxVNHNKUjhnWEJBRmZxMkh2MkFDaXU4b2JfdjlncE1IMjliWjN3RDBFaHNZaXB1eHktOTNaeXI0MkZLeVpkZGtSb1UtTDhtel95ZUxpUEhDWTR2VmJNQ01QTXdlY20wUVBXMlJkSGNOc19NaHJRRjNhRjhoWkNlbDBNTENGMWZnZWdIZWVqMHdjSmlIVjhSaDY2SEZuNlFDdjJWMnc4WEN6d3pRdi1WN0R1Y3EyanFwSG96cUdZNEZnUi1RZVduNzFTS2dtb0J6d09iQUZfcHdKeE0?oc=5) · The State Journal-Register
- 2025-04-07 [Tom Lex to retire from Heartland Credit Union - springfieldbusinessjournal.com](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPbFhTN01wVVJYSGVHWmY4aVlxRG8tYWNWdHhhcGdoc0IxR1Q5c3dTWGd0VEt0ckNkQTZiNTFxSzNvbHZNeGl5VWNsMGVqN0ZLQ0s2cHd4RDlzbmZHSHh0azFkUFJ0bXVTaEs2MmdVVEFEWG1wc3VJLW5wWG42WXNYZ3Z2WVZ1TDVUZEpPT3hFS2c1VDhlTmFleWItS3Q3NzBIMTRYaWNubjAxUQ?oc=5) · springfieldbusinessjournal.com
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64441 (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/57.json (key "64441", 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=64441
- 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