# SERVE
DES MOINES, IA · NCUA charter 65150 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/serve-65150

Who the members are: state charter, organized 1932. 4,977 members of 50,000 potential (9.9% of the field); checking penetration 59% (share draft accounts per 100 members); loans per 100 members 68.

**Verdict on the desk:** this could be *ordinary*. 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 | $100.9M |
| Members | 4,977 (-0.9% YoY) |
| Full-time staff | 14 |
| Net worth | $17.9M |
| Net worth ratio | 17.7% (p93 of band) |
| ROA (annualized) | 1.13% (p75 of band) |
| Total delinquency | 0.84% (p65 of band) |
| Net charge-offs (annualized) | 0.25% (p40 of band) |
| Loans / shares | 88% (p87 of band) |
| Cash / assets | 17.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.98% (p69 of band) |
| Operating expense / assets | 3.48% (p44 of band) |
| Vehicles % of loans | 32% (p41 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p16 of band) |
| Vehicle delinquency | 0.57% (p50 of band) |
| Vehicle NCO | 0.58% (p53 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 52% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 2% |
| Core shares % of member funds | 52% |
| Certificates % of member funds | 25% |
| Average share balance | $7,459 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $435,839 |
| Loans outstanding per 100 members | 68% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $21,336 |
| Loans granted, annualized | $21.7M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $435,839 outstanding purchased (2.4% of net worth), $0 sold and retained. Sold in 0 and bought in 4 of the last 8 quarters. Shares 0.9% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | net worth falling |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 | delinquency rising | net worth falling |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 0 |  | delinquency rising |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | delinquency rising |  |
| 2019-03 | 1 | net worth falling | delinquency rising |
| 2019-06 | 2 | delinquency rising |  |
| 2019-09 | 0 |  | net worth falling, delinquency rising |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 0 |  | net worth falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | net worth falling |  |
| 2022-06 | 0 |  | net worth falling |
| 2022-09 | 1 | loans>95% of shares |  |
| 2022-12 | 2 | delinquency rising |  |
| 2023-03 | 1 |  | loans>95% of shares |
| 2023-06 | 2 | loans>95% of shares |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 | members leaving | delinquency rising |
| 2024-03 | 2 | delinquency rising | loans>95% of shares |
| 2024-06 | 1 |  | delinquency rising |
| 2024-09 | 1 |  |  |
| 2024-12 | 0 |  | members leaving |
| 2025-03 | 1 | delinquency rising |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2026-08-21 [Iowa Governor Proclaims ‘Credit Union Day’ As Industry Marks Impact At State Fair - cutoday.info](https://news.google.com/rss/articles/CBMitwFBVV95cUxOTzN2RjRBSWVMd2dSSTdYSmMwblVrWi1WdFdGNUVlQjJmR0lpRndkakE1UEhmVWVDclEtM3ZjcWt6M1NDa3FkTVVHZC1hZjVQdVRzZWVISGtEM3JBem4teWdRZnZkdUdZNl9zbl9FaXZCTkM0d2paUUlSbjR1d1psRnpNOW9xWm1nanc2NTl5Qngwc3lSd0ZNMEpqM1R6ME5wbTNMc05VSmFISVhlWGNxQkJ5eFBhT3M?oc=5) · cutoday.info
- 2026-06-29 [20 Largest Credit Unions in America | Banking Advice | U.S. News - U.S. News & World Report](https://news.google.com/rss/articles/CBMigAFBVV95cUxPTGo3NzJqcExQdW1NT240R08xaGVXT1pFZHBGS29RSG9UaUJQaWkxV3RrbEZheE5jWjRlUmp0am5oQ3V6SFh6U2lIQ2NvaWtKTnhsNko2TU0zYXRhWUFEb0ZBUWFJUkxYWlQ4eVBTWHFmNjZkbW1QOXg1VnBDbExpWA?oc=5) · U.S. News & World Report
- 2025-10-17 [Serve Credit Union announces new lending portfolio manager position - CUInsight](https://news.google.com/rss/articles/CBMirAFBVV95cUxNN0JrSDJKUlVlUjhOUXdEeGtqZEVZS0s1ek9USEZBYi1fTFFhWXJscVdpOGMxeU9ZWXgtMW5OUi1yc3AxcjlpRnZYOUhjMWxaX0N3X296V3R6RW56UEY2Vm1ZVHlsVFN5TTBKUVp1Z1RMMWEzMW9aLW9uSG5UMkEyYnhueEdaYzlpQmZ5TzZjalNwejRzaVJ6NHMwRmc4SU83eGJCdlFySEtvZ2ww?oc=5) · CUInsight
- 2026-06-29 [The Family Credit Union Appoints Bob Hoepfner to Senior Vice President of Lending - River Cities' Reader](https://news.google.com/rss/articles/CBMirwFBVV95cUxONzU3aGtRLVhDQzhSUnhTLU9XYTRueTJlY3huVmUtUm1vS3pjaVprV2w0Sm9NSUt2M2pNYkJzRU9nNUh3MXBIdVVyNGlER2g0akc0VWEzdERkSTFuMFVMOC1xRHRlSWc3dEpld0x4QUhuYjcwSmR5Z1RtUVFPUVNYd3JTRG9BX2RBRWhLay03RV9JaU4zV29mbmIzNzRCb0ItNV9FZl91OFQwQ1ByT2JR?oc=5) · River Cities' Reader
- 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
- 2026-03-10 [5 Credit Unions Reveal 10 Leadership & Board Appointments - CUTimes](https://news.google.com/rss/articles/CBMilwFBVV95cUxPUlNmRFc3aG5seFF0NExUcXZ4eWppVF8yTUY2U3lZRFZSTXBKd3Rwa2FoemxlblRoVUo4OHlJazVFU3A5YjY1a3ctNFRId3VoUXpvN1pET0M3YVJWZmhBWEk4b1RUZG5nY3JJa0JJSUdENV94M1dIc0gtOUlUby0wZWE3Q2JvSXowVWZUekN4S0dORUZ0RnFr?oc=5) · CUTimes
- 2026-01-11 [Outdated towing laws are costing Iowans their cars | Opinion - The Des Moines Register](https://news.google.com/rss/articles/CBMiugFBVV95cUxPbUhYeEhqOGM4RzRsMzR6UUcxcGtJM1FrMUs0LUZRX0g4aEUzTVJKa3VVak1YOGpzQVNXTEpPaVNVbVV2NXd4X2tMQ2Y1VDNsMXdJcWlsZ2xGMWpOTWNDMlpCX3p1alFfWnlXX1Z5bEpFZlhIaEQ4TUVSRUc0UnZMNWc5SUZsRl96cmhSWkREa1RDai05T0FQcnZNZzRyM0dvTVpGSUtOa2Z3bjNqck9PS3ExeTZwV19SYkE?oc=5) · The Des Moines Register
- 2025-11-17 [Veridian pledges $300,000 to support affordable housing - KGAN](https://news.google.com/rss/articles/CBMijgFBVV95cUxQT0RGcHI5MWc5cHBZRUJzdjZIUFZfb19mSUVSZjgwTUlYVnphR1FTWExjcW1YeERrWFEzSkV5ZEtMeWtYZnhCbGNNZjBqb3pQZ2x2cnlwTGVHcWx6Q3QybGNwaXUzTWR2akx1b2lxTmZNdlNNLWRiWkRmaWdZd2ZpVXhWYkFBM3JSXzZTbmlB?oc=5) · KGAN

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65150 (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/62.json (key "65150", 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=65150
- 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