# COMMUNITY CHOICE
JOHNSTON, IA · NCUA charter 65078 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/community-choice-65078

Who the members are: state charter, organized 1953. 53,881 members of 1,260,813 potential (4.3% of the field); checking penetration 68% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *liquidity-tight*. 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 | $918.6M |
| Members | 53,881 (5.2% YoY) |
| Full-time staff | 170 |
| Net worth | $113.8M |
| Net worth ratio | 12.4% (p76 of band) |
| ROA (annualized) | 1.43% (p88 of band) |
| Total delinquency | 0.47% (p37 of band) |
| Net charge-offs (annualized) | 0.29% (p36 of band) |
| Loans / shares | 96% (p93 of band) |
| Cash / assets | 7.2% |
| Borrowings / assets | 2.18% |
| Net interest margin | 4.23% (p92 of band) |
| Operating expense / assets | 4.57% (p88 of band) |
| Vehicles % of loans | 28% (p48 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 1% |
| Third-party paper % of net worth | 3% (p17 of band) |
| Vehicle delinquency | 0.57% (p49 of band) |
| Vehicle NCO | 0.73% (p44 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 48% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 116% |
| Core shares % of member funds | 60% |
| Certificates % of member funds | 18% |
| Average share balance | $7,269 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $2.1M |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 17% |
| Average loan balance | $22,325 |
| Loans granted, annualized | $557.1M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $2.1M outstanding purchased (1.9% of net worth), $2.0M sold and retained. Sold in 4 and bought in 0 of the last 8 quarters. Shares 11.8% year over year.

## Flags firing in the latest filing

- **loans>95% of shares** (`str_ltos`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | expense trap |  |
| 2016-12 | 1 |  | expense trap |
| 2017-03 | 2 | delinquency rising |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 | expense trap | delinquency rising |
| 2018-03 | 1 |  | expense trap |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | loans>95% of shares |  |
| 2018-12 | 3 | expense trap |  |
| 2019-03 | 1 |  | loans>95% of shares, expense trap |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | loans>95% of shares |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | losing money, margin squeeze | loans>95% of shares |
| 2020-06 | 5 | net worth falling, expense trap, delinquency rising | losing money |
| 2020-09 | 2 |  | 3rd-party paper>100% NW, net worth falling, expense trap |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 | net worth falling | margin squeeze, delinquency rising |
| 2021-06 | 0 |  | net worth falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 1 | expense trap |  |
| 2022-03 | 1 | net worth falling | expense trap |
| 2022-06 | 0 |  | net worth falling |
| 2022-09 | 1 | delinquency rising |  |
| 2022-12 | 2 | loans>95% of shares |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 1 |  | delinquency rising |
| 2023-09 | 2 | leaning on borrowings |  |
| 2023-12 | 2 | delinquency rising | leaning on borrowings |
| 2024-03 | 1 |  | delinquency rising |
| 2024-06 | 3 | expense trap, delinquency rising |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 2 |  | delinquency rising |
| 2025-03 | 2 |  |  |
| 2025-06 | 1 |  | loans>95% of shares |
| 2025-09 | 2 | loans>95% of shares |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 1 |  | expense trap |

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

- 2026-07-17 [See Iowa Republican candidates at the annual Family Leadership Summit - The Des Moines Register](https://news.google.com/rss/articles/CBMiywFBVV95cUxNZW50Q2JRU0c4YW8tV1lEeGtIMGJaUEZkdG9NcnhsclF2cHlaa2FpakhVLXJqSGNaYjlnbEFXWWhfLXFyVDlxQ1VxTllrY05nZm9fcG1lUDVvcThYYTBuNVZUb09yamNSWldBTmlVOFUzVmZyRGpITWZSOG94Y0hPWnk1ci05VUFWY1Q4SFp3YkoydEU5MmRmMzBKdTVFanprWWhFVExOMkNTa3QzbnFhand0ZnQ4cml0YnFCM1ZsTFNWWWFmb3RCQ2FvOA?oc=5) · The Des Moines Register
- 2024-01-31 [Community Choice Credit Union coming to Marshalltown - - Times Republican](https://news.google.com/rss/articles/CBMirwFBVV95cUxOdWlWSmVoYmxab0NjT3pZNHlHX09rOVBHblE3elU1LTFYbUM1T2tJSktJY2I2RjBJXzI5ME1WSC1VODAwOEFZNXdtSmFiYzJWUW5COFM0ejNFcmpBSnNRa3Fud1FDNF8tb3BCb0t3dy1yVjdDQzVTQ0Z2MEFfZ2pzdWRuWURJZGM5Y3dIdUhQWHU3MW1LX3VHaXdXeVhCR3Vnc2lwLVpXVWluLVRDOUQ0?oc=5) · Times Republican
- 2026-04-29 [2026 Iowa State Fair Free Entertainment Announced - Iowa State Fair](https://news.google.com/rss/articles/CBMioAFBVV95cUxQUkJLUUZIQmFEbHVBRmRrQTNHNGdtSk9LSVhVNVNoRmNvMFQ2Yzl6ZERJZVZzUnZDNm9tNXdRWlFLLVVzU3JpbmFrYjVnaEZCM0x1d1YyYy1jWTRfQUFrU2liT05fbmRYbml5UlRVdHN5Zkc2bXk1VXBHS3EzWmJOcU9ORHRURTJTVFB0bzliU1Mzc1FFRFFGUnB0UXZKbmpt?oc=5) · Iowa State Fair
- 2021-10-28 [2021 Iowa Farm Bureau annual meeting — 'Our Farms. Our Future.' — invites farmers to discuss farm business, rural vitality - iowafarmbureau.com](https://news.google.com/rss/articles/CBMi5wFBVV95cUxOcUxHV05lcFpUelp2RnJINXZFQXRORTNwSWp6YzNUcHBCT0w2V19SVmFQa01PV3lCZlRpUTlRMENhaDFvMUVaMjE4UWM5Qkp6TzFaZjBEMlBXbldlLUFITzVXRFN3Smx5X253dDA5RU0xMHB4TnVmVGYwMTdvUFNZOHA5RWRHaHU1VjhmM0UzZ2daV29TbzRMbXNlTEJtYmIxbElTTkl0YWpQZmhEWTkyYWtiWlJkSzh4Ylo5a1hiZE5DSmFwSE13RVgxeXBYTHRaOGU3enR0MWczdVhrVkVRczE1N1VPUnM?oc=5) · iowafarmbureau.com
- 2026-05-27 [Iowa students win $48K in Warren A. Morrow scholarships - kimt.com](https://news.google.com/rss/articles/CBMiyAFBVV95cUxQenpZLTN6ZWlKN3lyRzg3azRyclFPc2E1aTBmNkRUaGlsLVE4VmFkRXlpNGY4OEo2VU5wRVhGNkZ1OFdzNkVRd2tKUmJoRkVwUlM4VFNjN2M4N1IyNDdiVXlQbFpjZ0ZpNmw3cDNiZnk4ZVhUakdleDZSQmtRT190S1lPVW5QUEt2c1lPOWh2MF9lWjM4cVZ6Yi11bnpPWEVuMUFsSjh6ZzdXY3pfaXhYYWlQemcxT2g3cDVvUlVxNG5VX2kzOTJabg?oc=5) · kimt.com
- 2025-09-12 [Federal Judge Sentences Leaders for Organizing $15 Million Credit Union, Bank Scheme - CUTimes](https://news.google.com/rss/articles/CBMiugFBVV95cUxOY3owVndhczV6MWdBZmxnLUh4X0sxbnNZUHNvWnhkZXhmYVlyMXg0R0pJcGRvbHBSM0FsNVl2RnhUaW9kMXREOUdZeXhWVHUyNjRNa3BETDV6S3UzZEZ3Nnk4cWlNeDhyR2pQLXdfdG1kNUk5MGlmT0JxWjlNRFlUN1lFb1MtSlFNQ0VseFItaTNTMkNGbXJaQnhLclowNHhibmhoT18zTzFRWkVSVXFGcENBZEh5MElVQVE?oc=5) · CUTimes
- 2022-08-26 [First “food truck park” in Iowa opens in Ames - Iowa State Daily](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNSVVXYkUzYURtaGRUbloxbU0wVGd3MEl4ZnI2SUQzR3JjbkFzUHJpVERURUFWdmZCb2xJdDFuRDhqZC10aGtVaVVOVC1ORWV4aERXdmVKNXhsM3RaYTMyWmtJbU92bURrOEpLUW1JcU1pVC1SU0otclBCX3FTaWZxSWQ1YUxMNHlXdXVJ?oc=5) · Iowa State Daily
- 2024-05-18 [Community Choice Credit Union cuts ribbon on Marshalltown location - - Times Republican](https://news.google.com/rss/articles/CBMiwgFBVV95cUxNSk9odXU0T0dWNGxEbFpSWFJmSmpud0J6S1N4UXBxWWFvdGFkeC00cTF4Uk1keTIwUkdnOFRDZ0RvOHhvdjRzT2ZxUDRia05BczUxcVJnd09WXzJDN1ZHNHNrTEw1RV9wLVc5YVYtNU84TkNBWTNwSXFKOHF6b1lmcWFfQjhsbHVFSm90eDg5OTM1c3QwSUdaOThIOEpjLXZGY3hnV2JwZklmUmdvQkJuNERMOGNFbnBoRTNkM3FiTHNhZw?oc=5) · Times Republican

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65078 (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/54.json (key "65078", 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=65078
- 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