# ENERGY PLUS
Indianapolis, IN · NCUA charter 65458 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/energy-plus-65458

Who the members are: state charter, organized 1925, low-income designated. 3,840 members of 1,202,655 potential (0.3% of the field); checking penetration 53% (share draft accounts per 100 members); loans per 100 members 130.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $45.0M |
| Members | 3,840 (-1.6% YoY) |
| Full-time staff | 14 |
| Net worth | $7.0M |
| Net worth ratio | 15.7% (p55 of band) |
| ROA (annualized) | -0.06% (p22 of band) |
| Total delinquency | 0.38% (p39 of band) |
| Net charge-offs (annualized) | 0.66% (p80 of band) |
| Loans / shares | 82% (p83 of band) |
| Cash / assets | 29.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.61% (p77 of band) |
| Operating expense / assets | 4.90% (p77 of band) |
| Vehicles % of loans | 48% (p33 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 4% |
| Third-party paper % of net worth | 25% (p92 of band) |
| Vehicle delinquency | 0.55% (p53 of band) |
| Vehicle NCO | 0.45% (p80 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 40% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 71% |
| Certificates % of member funds | 25% |
| Average share balance | $5,424 |
| Participations bought / yr | $3.7M |
| Participations sold / yr | $0 |
| Participations outstanding | $5.7M |
| Loans outstanding per 100 members | 130% |
| Loans granted per 100 members, annualized | 25% |
| Average loan balance | $6,206 |
| Loans granted, annualized | $9.7M |

## Participation posture (from the same filings)

Bought $3.7M and sold $0 in the latest annualized quarter; $5.7M outstanding purchased (80.4% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares -0.4% year over year.

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **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 |  |  |
| 2017-09 | 0 |  | net worth falling |
| 2017-12 | 1 | delinquency rising |  |
| 2018-03 | 2 | net worth falling |  |
| 2018-06 | 0 |  | delinquency rising, net worth falling |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | net worth falling |  |
| 2019-06 | 0 |  | net worth falling |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | delinquency rising |  |
| 2020-06 | 3 | net worth falling, margin squeeze |  |
| 2020-09 | 2 |  | delinquency rising |
| 2020-12 | 3 | delinquency rising |  |
| 2021-03 | 2 |  | delinquency rising |
| 2021-06 | 1 |  | net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 0 |  | margin squeeze |
| 2022-06 | 1 | delinquency rising |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 2 | assets shrinking |  |
| 2023-03 | 2 | delinquency 2x band | assets shrinking |
| 2023-06 | 3 | assets shrinking |  |
| 2023-09 | 1 |  | delinquency rising, delinquency 2x band |
| 2023-12 | 1 |  |  |
| 2024-03 | 0 |  | assets shrinking |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 2 | losing money, delinquency rising |  |

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

- 2026-06-19 [Harvester Financial Credit Union and Energy Plus Credit Union to merge July 1 - giant.fm](https://news.google.com/rss/articles/CBMixwFBVV95cUxPZUNvcG5BbVBUd2dRQ1dUckFpWjVzRGgzcUpzM1g1Mm42NjRYak1PVHl6WFRsMFEzZlRVc095R2RTREE4QjVlajFScFFrRmtYUGRjRkd2cVhZR2RxZHVwN1dWb2NER1JtQ0JDZFZVVDdpVzcxaUNaZFEyLTNDbW9JSFkzQjh5RVdZOTdKVEk3YlVsSmo0NzRMS1l5ZmN1WlktNjN3T0ZiLWV4ck9nbEw4eXByZ0Y3a0NWTkNaTGJqeG92YmhTZ0NF?oc=5) · giant.fm
- 2025-07-01 [Credit unions put people over profits - americascreditunions.org](https://news.google.com/rss/articles/CBMilAFBVV95cUxOX21McnJEZ1U3cFp0bzllZTF3NFhVQmRvdEhCOERTUDlVbUkxRk5jQWFhT2VuQjBocE9ZNFF5Zkl6d2hYX1liLUYwRlFBcTZaTDdZNVM0ZGdrb19semJlYm1EdUYwaW1LdUw2S05zZmYtY2FSUmNuWlZEaEFFV2RfeEY5X3pTcThNX0RXdU8xNjFGaGI0?oc=5) · americascreditunions.org
- 2018-02-08 [Energy Plus CU, Cornerstone Community Name New CEOs - cutoday.info](https://news.google.com/rss/articles/CBMikAFBVV95cUxPZXd2SkFDdzRtR1ljQUhBX0N4NENVVlJxRmoxRTJraWlSSndxWWRRZm9RUEk4WXlHYW5naEcxWUhLdzVzS2pLLTI1TzFjYXVBNzRlMFhIZFNnOG9WMFd6VXBlbmRHRkMyWndCSkdfNWRkRmhaajM5ME1mRXh0bUhtQVhxWHYxVmtDQWkydlF2aEg?oc=5) · cutoday.info
- 2018-02-07 [Energy Plus Credit Union names new president/CEO - American Banker](https://news.google.com/rss/articles/CBMingFBVV95cUxOVlBnT18yYkZoUDdPNUlWaWUycWt0NnE5aTRxMVFNbVZ6WXlwQ05yRTVGOFJkSHJkUF9BYy1lNGlidGtxSVFwVzRGQkRlN0Q5QlZiV1lLd2kxWGN6Y1FyVEtkMHdSa2doS0xxUkJLTlVBdjJvZU9KRHI4TlFEMFd6T1RUaU1GNEQ3Q0xuWUxZbldDc0plRkVZOXd1V2IzUQ?oc=5) · American Banker
- 2026-03-17 [Andy Burggraf and John Newett appointed to Indiana League Board - CUInsight](https://news.google.com/rss/articles/CBMipwFBVV95cUxQd0VzR1oyLWNJZDF6ODZyS2h3a3E5VnlBSVFqLVotQWNGNXNJbU1fMUdOTldpZHM2TndUVjNZSkdUR3Jjb2dLTkNUZFdGY2xVNnFsbHRRd3RZNUhjcjhCSlhpMkFwT0IzM3BfSlB1NE1GQ21XRVJ3R1h5dmZHTTFMcG9XckpkcnBYRDlEREE3SktKY01xTk9FSF9DN0N4WTc5MlhGamgzUQ?oc=5) · CUInsight
- 2025-03-17 [Citizens Energy Group Promotes Sara Mamuska-Morris to Vice President, Capital Programs & Engineering - Citizens Energy Group](https://news.google.com/rss/articles/CBMi1gFBVV95cUxOSFV4cW8tRy0tbXBtd3cwdEZHckNpWFpTTVhnNVBnei1IcXoxQTFvbkttLWNuQ0N5UE0tQkRnMjRaWkJHN2lUcEdmN2VoeVhFamlmaEFRU2wwQVBVenQyaGphdEstWjFidkdlamJRN0pPelBGRTZTbTEyb0N4TlZQVFlaM3JkWTAzWUdPdUZkZ1ZKa2F0S3RvWDZZUFJzeXo0RFVUTjRuSFQzQTdoU3dIbmRISGVwR3RiQzN5WjBJYkwzaWcxbTdZU2cwMWlSZldRRTVkZi1B?oc=5) · Citizens Energy Group
- 2026-03-02 [47 Credit Union Leaders Earn CUDE Designation In First De Class Of 2026 - cutoday.info](https://news.google.com/rss/articles/CBMirAFBVV95cUxNZTVnNFR1T0N3STlQeDdtUEhQOVdweDUxQjJ3ZHlFTVNvaTBWX0R2djVuR2V5aUZwYmU4cVNLSXJScS0xRE45eVY1S2hvRWNGcXpWcUw1N1pKQW5tdnJ6eXZMV3BHc1J4cEpLXzFHSkl2LV9ZMlNfOFhDY0ZkWGZvN0l3TUJXc25aZ0ltN3lURFY0N0NpQno4UGFVUjVqVDRxS05DZzRlQWstT1g2?oc=5) · cutoday.info
- 2025-10-10 [500+ attend Indiana League Convention to celebrate 100th anniversary, board officers named for 2025-2026 - CUInsight](https://news.google.com/rss/articles/CBMi2wFBVV95cUxQcmw2dUpJUGtVblllWmtSQ1kzWGFEZjJaVzRJSWthbzR2NGFfbERzVjA4UlVTNS1UX3ZsdElsbUJBbHZGRXRuWE4zT092NHh5SXpYeU93YTlRR0ZrOGVIdFdnVTgtOFdaVVhLMHRPVXMtckl2OVJQbGQ5aWppUTEzSFBsVkhrd19WV092UFVFZ2tUVkZCUHp1T3BXRWVzdXpmODBsR1pUNjZaU21JNjRhQjBXSU16RXZJcGs1RHVCa0k5cE5vWGtYVTNQMG1QZjdmRF9zRlZZSTd1ZUk?oc=5) · CUInsight

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65458 (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/50.json (key "65458", 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=65458
- 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