# UNIVERSAL
Independence, KS · NCUA charter 64979 · asset band <$50M · latest filing 2022-06 · stopped filing after 2022-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/universal-64979

Who the members are: state charter, organized 1935, low-income designated. 255 members of 999 potential (25.5% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 24.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $780,735 |
| Members | 255 (8.1% YoY) |
| Full-time staff | 0 |
| Net worth | $147,748 |
| Net worth ratio | 18.9% (p82 of band) |
| ROA (annualized) | -4.01% (p2 of band) |
| Total delinquency | 5.22% (p94 of band) |
| Net charge-offs (annualized) | 0.00% (p36 of band) |
| Loans / shares | 56% (p61 of band) |
| Cash / assets | 54.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.06% (p91 of band) |
| Operating expense / assets | 8.42% (p98 of band) |
| Vehicles % of loans | 95% (p99 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 5.45% (p96 of band) |
| Vehicle NCO | 0.00% (p34 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 66% |
| Certificates % of member funds | 31% |
| Average share balance | $2,416 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 24% |
| Loans granted per 100 members, annualized | 19% |
| Average loan balance | $5,782 |
| Loans granted, annualized | $208,820 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | losing money, expense trap, delinquency 2x band, auto monoline |  |
| 2016-06 | 4 |  |  |
| 2016-09 | 4 |  |  |
| 2016-12 | 3 |  | expense trap |
| 2017-03 | 7 | expense trap, assets shrinking, members leaving, loans>95% of shares |  |
| 2017-06 | 6 |  | members leaving |
| 2017-09 | 7 | members leaving |  |
| 2017-12 | 5 |  | losing money, expense trap |
| 2018-03 | 6 | losing money, expense trap, delinquency rising | assets shrinking, members leaving |
| 2018-06 | 5 | net worth falling | loans>95% of shares, expense trap |
| 2018-09 | 3 |  | losing money, net worth falling |
| 2018-12 | 4 | members leaving |  |
| 2019-03 | 6 | net worth falling, losing money, expense trap | delinquency rising |
| 2019-06 | 4 |  | losing money, expense trap |
| 2019-09 | 5 | margin squeeze |  |
| 2019-12 | 2 |  | members leaving, net worth falling, margin squeeze |
| 2020-03 | 6 | losing money, margin squeeze, delinquency rising, members leaving |  |
| 2020-06 | 6 | loan book shrinking | losing money |
| 2020-09 | 7 | losing money, charge-offs p90 | delinquency rising |
| 2020-12 | 7 |  |  |
| 2021-03 | 6 |  | charge-offs p90 |
| 2021-06 | 6 |  |  |
| 2021-09 | 4 | charge-offs p90 | margin squeeze, members leaving, losing money |
| 2021-12 | 5 | losing money |  |
| 2022-03 | 6 | delinquency rising, assets shrinking | charge-offs p90 |
| 2022-06 | 7 | expense trap |  |

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

- 2026-02-20 [LUKE BRYAN RELEASES 2026 TOUR TITLE TRACK: “WORD ON THE STREET” - universalmusic.ca](https://news.google.com/rss/articles/CBMipAFBVV95cUxOazI1SmtqNW4xUTBOR0xTMVNWcy1CREdVTGowYzc1RFJjai1EOEJodE90WUltQ2xZbmRXV3g5S3pMOWxmTWp0eC1HZktVLUZUbzBPM2pwM3ZYdmJIaXpGTVVFd21XNDMwMk1sOU1PMHpfZDhZVk1zcGp2aDdmOWZQeENqcDUzMXVLZFNSR2xTakx1MXpTSThiX2Z0OU1HUGx5cTBhUg?oc=5) · universalmusic.ca
- 2025-03-11 [16 Credit Unions in the United States That Anyone can Join - businessinsider.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxOZVNIY2hNRE02Y2dQOG52cFNmejQzZjdTTURrX1VHM2hZVHN4enRRR1BtVmxHZ2tmYVVkRDVOZGpWemtJYU9FUFMxdkVSNmVGRzdVMVR0cldGSFZDQV9Qd1J0VXhZMmc0UmxteDZKc2dTc3NTMEh6R2Q0cmdrbDdzV2drQk5mazlQQnVkemg5bw?oc=5) · businessinsider.com
- 2022-02-02 [Achieving Universal Banking: Lessons from the Delta - Nonprofit Quarterly](https://news.google.com/rss/articles/CBMiigFBVV95cUxOUGk5QXoyZHBMM2hiT2ZXcXZRQmVuS0psRWhfcDdyeHJVekROUnpTSjA2bXY1UnB1a1BxTXVqQmRjYVdubm5GVWQtZkNUU3RGOWMxejhpQnA3ZnM1VGdjb1QwdFR1VXhhOU94Q2ZqV0lWcGZRV1NpcmpkSnhSSl9WalRNRWNJek1ldlE?oc=5) · Nonprofit Quarterly
- 2023-04-27 [Dayton credit union secures naming rights for unique sports complex - The Business Journals](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNMEktb1VJNjVUQTJfYlFkM1JPWEk0SFJsV2N1NVhIRHlPQzlUMmJvR0l2NW80Vk9OSG1WVFV1d1lobHdQdTVFcGE1X3ZrWm5Hb1dOcTR0SlRrZ3pMQzNJVWJEN3lJc3dIVFl1OGNSbmVRbUZNWjVzOFZDNjFCM3c0Yk5IS3RKZVc2bXhv?oc=5) · The Business Journals
- 2023-09-13 [Skyward Credit Union Celebrates 25th Anniversary of Lisa Reed, VP Independence Branch - PR.com](https://news.google.com/rss/articles/CBMiUEFVX3lxTE9NRlpSVFoxQ1VQaFVMT3BJa3h0NDlkSHk2dzhkc2J3NmpabHlLUnpHWm1Uek5icURpR0lIek1ST18zdUdWeFlib0hpaVRWcWV6?oc=5) · PR.com
- 2026-05-18 [How DWP benefit payment dates change around the Spring Bank Holiday in May 2026 - The Sun](https://news.google.com/rss/articles/CBMingFBVV95cUxPTHkteEN0aHV4dmU5b2kzdEhiZWpSelcza1AwczV0ZnJ3ZE5MV2p4MjhsTFZ4TU44X0N1bW9xMDlNeTN1bFpCMzI5RnBqTEpPTlZIX0h4RVFNSGtjWXBkLUZVdFh3dkdLdndwWHZZRjJxNFZfS2k5SkxQZzR4OFBGSnNERHF6dHh2WlQ4N2I2LVQwRzRiRkpfY3pJckswdw?oc=5) · The Sun
- 2021-12-16 [Dayton-area credit union inks deal with Rose Music Center - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOQVR6TWhDUDRoU01aUHlOaUdKaE5WR0xSVUJvcGhLV0N5LUZ4WHBhX3lJV1VoQl9vYlhKZ1pocGJXS2kxS21zUDB3Y2FRWUlRajhHXy0zWXdhRG9iVFBTRHNHWGhWTVNiWUUwZjFGTS1OaG0yU0w0YTBNd1prc2hCczdxNXRocUdUY21QeERJQ0M0eDEyenFqNWYxc21RMHFSdGI3aFo3MXE5Zw?oc=5) · The Business Journals
- 2018-03-27 [Virginia Kozusko Obituary - Universal City, TX - Dignity Memorial](https://news.google.com/rss/articles/CBMijgFBVV95cUxOODR1U2I5TTJlWWtndmV5Y19KQndpNUVhTllpeGRYWUtYVVBZelJYWlA4d1FfSjNyYU9TNUNReTNxVGk5TXpEZjdYc3E2SFdFYU9lMElNVjR2bVNLV1duWjdMaHoyUGEzaThnNEc3T2lKWWQwNnVNTDdOSlVxNG5zTjRTWjVJODJkUXRkRUZB?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64979 (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 "64979", 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=64979
- 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