# STAR CHOICE
Bloomington, MN · NCUA charter 64706 · asset band $50-100M · latest filing 2023-12 · stopped filing after 2023-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/star-choice-64706

Who the members are: state charter, organized 1931. 6,111 members of 1,253,065 potential (0.5% of the field); checking penetration 74% (share draft accounts per 100 members); loans per 100 members 71.

**Verdict on the desk:** this could be *too clean*. 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 | $88.6M |
| Members | 6,111 (-1.6% YoY) |
| Full-time staff | 14 |
| Net worth | $6.6M |
| Net worth ratio | 7.4% (p2 of band) |
| ROA (annualized) | -0.38% (p4 of band) |
| Total delinquency | 0.06% (p9 of band) |
| Net charge-offs (annualized) | 0.39% (p70 of band) |
| Loans / shares | 80% (p74 of band) |
| Cash / assets | 11.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.52% (p17 of band) |
| Operating expense / assets | 3.35% (p50 of band) |
| Vehicles % of loans | 32% (p28 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p24 of band) |
| Vehicle delinquency | 0.12% (p19 of band) |
| Vehicle NCO | 0.52% (p72 of band) |
| Repossessed % of vehicle book | 0.08% (p85 of band) |
| Real estate % of loans | 61% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 80% |
| Certificates % of member funds | 6% |
| Average share balance | $6,714 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 71% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $15,117 |
| Loans granted, annualized | $20.3M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **losing money** (`earn_negative`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | loans>95% of shares |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 4 | delinquency rising, members leaving |  |
| 2018-09 | 4 |  |  |
| 2018-12 | 2 |  | thin capital, delinquency rising |
| 2019-03 | 3 | thin capital, delinquency rising | loans>95% of shares |
| 2019-06 | 2 | net worth falling | members leaving, delinquency rising |
| 2019-09 | 2 | loans>95% of shares | net worth falling |
| 2019-12 | 1 |  | loans>95% of shares |
| 2020-03 | 1 |  |  |
| 2020-06 | 2 | delinquency rising |  |
| 2020-09 | 4 | net worth falling, margin squeeze |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 4 | charge-offs p90 | delinquency rising |
| 2021-06 | 2 |  | net worth falling, charge-offs p90 |
| 2021-09 | 1 |  | margin squeeze |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | net worth falling |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 | delinquency rising | net worth falling |
| 2022-12 | 2 |  |  |
| 2023-03 | 3 | losing money |  |
| 2023-06 | 4 | assets shrinking |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 3 |  | delinquency rising |

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

- 2023-08-07 [Bloomington-based Star Choice and SharePoint credit unions will merge - startribune.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQWnoyV3pDbUdzTjVqdmVlV2U4RnZZYU0xSkZQQ3ZXUGtOM1JzWlktaUJRbFdPZkxkbUJnd3ZvZTVaa2tqQXRwTEhmZ05hXzZUdkdUUExGOFVWRUJrbmdtUHBQSFNvV3lnc3ZfbUtTNVY3cTF4aV93Y3dTRjdCdVVDREZVdEduc0RHYmhmZW5vYWdzU3dSNjU5ajR0RGN5Tk9RYzQxV1FYWW9sMGs?oc=5) · startribune.com
- 2025-04-23 [Largest credit unions in Minnesota, Colorado announce plans to merge - MPR News](https://news.google.com/rss/articles/CBMipgFBVV95cUxNelV0bVJ6MEVZb3hSM0xZVUdHYTdvSEM2MEE0TC05MXpxYWJLSXZSMXlRV3N5dnVjZWktUWZtWTNvRDdwVjVWWVp2MjJveF9WQW5OVTJ2a08zcnRBVUFtd0sxUkZlTWlTbmJ1c0kzeTlraXZhWTNmRFViSU5ubENVaU9jaVhscUh4MElBdk1CQXZuOWRrRjZpOExGUDFZMk42NnJLUV9R?oc=5) · MPR News
- 2023-11-16 [Spire, Hiway credit unions will become Blaze Credit Union after merger - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPeFQtUDFqa0xaOEdadkZRT0FjN2d2RXFHTnVMMVgzQXFDQkMxaDhrdlVPdUxCRlIxcXFXUEJrYk5fdXBHdGdVdmI5Rnlob2piejBWeGg4Rl95V0hrY2RvdFl6eWx0QTJUaDFxLV93U1NWNlRFT1QtRmNwVzhmblc3dFp2VDF4OExBeXA5WjNySmVtOVotX1Q1T05JQkRnajQ4Z1BBNnVpWDV2Rkk?oc=5) · The Business Journals
- 2025-01-29 [Former Mayor Frey aide pleads guilty in Feeding Our Future scheme ahead of trial - Alpha News MN](https://news.google.com/rss/articles/CBMitAFBVV95cUxOaDdNbnotOTRvYm5JQ3p5ZzNZVU95SzNlX3JjaTVPZjQwNkRPd2UtaEtrX3BfTEMzNnBwSjRZS1k2RDY3MmwwV3RJcEtKODdfZXRoOWdYTGh4S0hHYXJNSFBNeUt4N2l2QTRGbGJTWHJ1UWFCUVJONXdTN05CMG9IREs3Q1VxN0JnYjRQSElqYzJWSzJucFI4aEY1WlZHZmYwY2dBRmJzejlwYXZmbjl3aWVsMU4?oc=5) · Alpha News MN
- 2025-06-05 [Affinity Plus to merge with Albert Lea credit union, expanding services and membership - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxONTl5MUpRcExYdDE1MzZGbWh2d3h2VjNYX3ZKNWlCSWFOWENvZTdyaGI5T3ZQTnVWODZLTzJsRjlpUVdIZ3lRajZyckx5YnhxMG5YREVxX1RFTXhxeHlrOFdCZnFDeXBrNTNVekN0MWU3d0x3cTBhN29CSkdUeVRES1B0Z1JuYlB2ZDkzV3o2aXJqSGUycHhRdnBCNFAxVWo2TTNHbDZ6enE?oc=5) · The Business Journals
- 2018-10-02 [Here are all of the banks that currently support Apple Pay - iMore](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · iMore
- 2013-09-21 [A short, full life: Jon Beaudry, 37, mourned by his family and his basketball players - hometownsource.com](https://news.google.com/rss/articles/CBMimAJBVV95cUxQd29OZk1LaUVncTFkajRNZG5idll0c3FqSTNzeE9rSkZmQzZldUQzSFdMZm4wSGwwY1ktXzdiWEdJX1J4eDFwNjRHTVY2VnBUM0czZUVINGdibG9HeHRzWnNta0wzbGJxV3E0bkF1UnBtRS04TVdlcGEzanpabEpHMzFOOHBNTktaNnVDbzV6QmpjMWI0OUZwb3gyRVVOc2o0QnpiWEN3YWJGU056VHFDVGJsejVCcFNRYzFlcXZQZ2NBNlJUQ040TG1EMHYzc2oxeG1rQVFVYnBMN3RqU3N6d0Fxb3Z3SmxtaFlSU2pPZ1RCMm9uY2J3MGJzb3ZEckJJNHJJRV94V1VrSXUxcmFlUTUzSFZvRE5S?oc=5) · hometownsource.com
- 2025-04-23 [Wings and Ent credit unions to merge, creating $20 billion institution - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxQRXkyTDhMQU51Uk5fdEdCNV9CTFFNY2w1ZGZNb0swbXktbllHblpSVFp2OXYzUEZOWXYzY25kS2g2Z25HSjhrNmV3VlJKQnJVR1NrdnA0ZjZqUTB2Q0pCNk94LXNtSzJWQzE3YnZaMklKNGRuMXBpNWxMRHEyV2QySkRjVl9kY2lfcE9WSkZQaWFmOTBjZlM3Y0ptYXA3eUxkNTNFWA?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64706 (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/2.json (key "64706", 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=64706
- 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