# LAKE SUPERIOR
ONTONAGON, MI · NCUA charter 65085 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/lake-superior-65085

Who the members are: state charter, organized 1959, low-income designated. 1,330 members of 3,000 potential (44.3% of the field); checking penetration 39% (share draft accounts per 100 members); loans per 100 members 37.

**Verdict on the desk:** this could be *auto monoline*. 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 | $10.9M |
| Members | 1,330 (0.8% YoY) |
| Full-time staff | 4 |
| Net worth | $1.5M |
| Net worth ratio | 14.0% (p44 of band) |
| ROA (annualized) | 1.90% (p92 of band) |
| Total delinquency | 0.06% (p22 of band) |
| Net charge-offs (annualized) | 0.00% (p37 of band) |
| Loans / shares | 59% (p51 of band) |
| Cash / assets | 48.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.44% (p71 of band) |
| Operating expense / assets | 3.26% (p39 of band) |
| Vehicles % of loans | 76% (p74 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.08% (p35 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 97% |
| Certificates % of member funds | 3% |
| Average share balance | $4,433 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 37% |
| Loans granted per 100 members, annualized | 27% |
| Average loan balance | $11,247 |
| Loans granted, annualized | $1.7M |

## Flags firing in the latest filing

- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, losing money |  |
| 2016-06 | 3 | auto monoline |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 4 | net worth falling |  |
| 2017-06 | 4 |  |  |
| 2017-09 | 4 | assets shrinking | net worth falling |
| 2017-12 | 6 | delinquency rising, members leaving |  |
| 2018-03 | 3 | net worth falling | losing money, assets shrinking, delinquency rising, members leaving |
| 2018-06 | 3 | delinquency rising | net worth falling |
| 2018-09 | 4 | delinquency 2x band |  |
| 2018-12 | 3 |  | delinquency 2x band |
| 2019-03 | 3 |  |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 2 |  | delinquency rising |
| 2019-12 | 2 |  |  |
| 2020-03 | 4 | delinquency 2x band, delinquency rising |  |
| 2020-06 | 3 | margin squeeze | delinquency 2x band, delinquency rising |
| 2020-09 | 6 | net worth falling, delinquency 2x band, delinquency rising |  |
| 2020-12 | 6 |  |  |
| 2021-03 | 7 | capital below 7% | delinquency rising |
| 2021-06 | 6 |  | delinquency 2x band |
| 2021-09 | 5 |  | net worth falling |
| 2021-12 | 5 |  |  |
| 2022-03 | 5 | net worth falling | margin squeeze |
| 2022-06 | 5 | loan book shrinking | net worth falling |
| 2022-09 | 6 | delinquency 2x band, delinquency rising | loan book shrinking |
| 2022-12 | 6 |  |  |
| 2023-03 | 4 |  | capital below 7% |
| 2023-06 | 2 |  | delinquency 2x band, delinquency rising |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 1 |  | thin capital |
| 2024-06 | 2 | assets shrinking |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 3 | delinquency rising |  |
| 2025-03 | 1 |  | assets shrinking, delinquency rising |
| 2025-06 | 2 | delinquency rising |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 1 |  | delinquency rising |

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

- 2026-09-01 [Limestone Financial Credit Union and LSSU host financial reality fair - sooleader.com](https://news.google.com/rss/articles/CBMitgFBVV95cUxOU3ROYlZnNnRUSUhmSlZCUHZCYmZMMURraWdZWG95a3BsY2lTbUo4b1pFVEw1ZnpDMVF6elhMQmtlRy1rUTlNNnVUcWpPd0liazNpcV9VNjRJQ0xMandTeTJDUmtCNmNrSnVrZklzRVFMU2hKUE1SeHlUNmoyaEdaRFdJN3hRODRCTGRuczhlbVBlMjdpZnhmZEtzaV95bUVHaXFxRWJSV0k5TFQ1RzI0dmx5dUJYdw?oc=5) · sooleader.com
- 2026-07-29 [Detroit Red Wings announce 2026-27 theme games and promotional schedule - nhl.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQNkNTV1phaDgwV01jZzVVck4xX0MxVFllSkZOa1NxMXJwVXhnRVdXSGZKNEN3T0MzTjh1YWhMZjJjMUtqbWd5dlpyeWVQcEV1RUNyWGc5QWc3eGVWcm5LblRqSS16ZGdLdFVtYkZ3dDVRQU5wUWZqbGpJdDNmU0xoZk53WGRYSUFvSU5qTEdlbkVFVW5Sel82dXFEZ3NEaTV2Z055STFuc0E?oc=5) · nhl.com
- 2026-07-28 [Red Wings unveil theme nights. Fans supply the punchlines - detroitnews.com](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNOW5kdE9hY09MaGkzSDNRQWpTS3Rhc3hMbk1FMVNMNkRLUTdKV2pBUk5MdEZjUl9mdXdZUFFLVjkzbGNzeHhuT1c1NTh0cDdXblIwbEdad2xGUDUtR1RNY1daamlmUDZQU2JQUVEybTZZZkVlaE5Ib2JfNTFFU3gtanh3UE13N1MyWWJLSXBmMUZ1ZVVOWVBZSmdOM0MwM3BkazVYUFhoOU9FUDJUYXR4a2NNcGlYV1M0ZEFHVXhlY0xIWjAzRGVDV19rLXV1SzZIQ2dCSlFjeWdTVk1a?oc=5) · detroitnews.com
- 2026-01-26 [Limestone FCU, Rudyard schools host Middle School Financial Reality Fair - Sault Ste. Marie Evening News](https://news.google.com/rss/articles/CBMi4wFBVV95cUxPLUM0eHVpSTY4RGt1X3dwako2UURaTnhqNlZyQ040THRfbEFyQldQSlFIa1Bia19Ed3A0MTZqUm1XcWVIdThVRVpaQV9jY1QzaC1XR2YyNW9YV1lxbkR5UVRoRXdXaGNhbS16UjE2cFZPV3RfTmFyYmNRX29kWDE3WEgyZEpKY1c4Y0dLeGFSenR2dTUyRGt6TEE3aGlCQnBTd3ZLU1RiWF9za2F5XzBzaWNHYXpjcnM3RWREM2hvNXBpQ3EyTWh4ZjVtck01dFhFb0FDNVpBSS1kUGxDTG5EdTExUQ?oc=5) · Sault Ste. Marie Evening News
- 2024-01-30 [The Harbor Town Players to present ’The Little Mermaid of Lake Superior’ - Upper Michigan's Source](https://news.google.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?oc=5) · Upper Michigan's Source
- 2023-03-18 [Lake Superior School DistrictSpelling Bee Results | North Shore Journal | Two Harbors, Silver Bay & Lake Superior - North Shore Journal](https://news.google.com/rss/articles/CBMikwFBVV95cUxPdEJDVFFBTVFhRG9CMG9waHpkX0dZZWpPOEdVT3gtSTlrQ2tXNDA5R2hJYlYxZ0tHNVZsaUxxUjdYQ2xzbGJBRVpQQmotSmNBOHRFRDRMYUtGdDZXNnk2SkdvZ09DRW9wdXU2MDRSNFo2X19aMnV6d1FCd2JzYTZTN0VtUEJzX3hZNy1QUXJBTW5KSE0?oc=5) · North Shore Journal
- 2026-02-18 [Notre Dame Federal Credit Union to acquire Catholic United Financial Credit Union, - nwitimes.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxQdHpJUVo5YjVLb08zUFRGS2pMWnM0UkxVLUhFQXdXQ1F3TWtIdV91aFVKWUxGWENPQTh4cnRPLUFNeUMyZzZyN3FJSWk1bUVQUU5NVWxUcC03UVFUY3Y4dHFGZjRpdXZ6Zm9NN3RJTUVlaU5pQjk5VW00NllTRlRoUGp6aGE4TVhCaERxclV6c2I5Uzht?oc=5) · nwitimes.com
- 2024-06-11 [Two missing fishermen found dead in Lake Superior - - ironmountaindailynews.com](https://news.google.com/rss/articles/CBMisgFBVV95cUxNdEtXa2toYU1vSXhfdUNaZmVadTdRRjYtTm51Nng3TU9BWG5iMGNYWXRENFJtZmt3bFpVNmtlbGU4MGpneTREOHRpb2Q1NTRtUi1UeWxCcXFEZE1ZVkNiTmNXWWVQUC1CSlc1X3lLNlBnWGszeF9XdGMtdVFTWW4xcUpsTWJrNEx3bU9OS0VWOVF0TE5BZjk3d3F2bEgyNmQ4cEZoMXRfamdhWTJ2cmsyMURR?oc=5) · ironmountaindailynews.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65085 (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/61.json (key "65085", 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=65085
- 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