# MIAMI POSTAL SERVICE
Miami, FL · NCUA charter 67330 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/miami-postal-service-67330

Who the members are: state charter, organized 1991, low-income designated, minority depository institution. 12,825 members of 3,586,665 potential (0.4% of the field); checking penetration 68% (share draft accounts per 100 members); loans per 100 members 729.

**Verdict on the desk:** this could be *participation buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $192.9M |
| Members | 12,825 (-3.2% YoY) |
| Full-time staff | 45 |
| Net worth | $17.1M |
| Net worth ratio | 8.9% (p12 of band) |
| ROA (annualized) | 0.07% (p12 of band) |
| Total delinquency | 0.18% (p14 of band) |
| Net charge-offs (annualized) | 1.05% (p89 of band) |
| Loans / shares | 66% (p43 of band) |
| Cash / assets | 18.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.42% (p34 of band) |
| Operating expense / assets | 3.64% (p49 of band) |
| Vehicles % of loans | 53% (p76 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 36% (p52 of band) |
| Vehicle delinquency | 0.34% (p32 of band) |
| Vehicle NCO | 2.69% (p95 of band) |
| Repossessed % of vehicle book | 0.26% (p89 of band) |
| Real estate % of loans | 30% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 63% |
| Certificates % of member funds | 34% |
| Average share balance | $7,357 |
| Participations bought / yr | $0 |
| Participations sold / yr | $73,904 |
| Participations outstanding | $6.2M |
| Loans outstanding per 100 members | 729% |
| Loans granted per 100 members, annualized | 18% |
| Average loan balance | $1,228 |
| Loans granted, annualized | $49.7M |

## Participation posture (from the same filings)

Bought $0 and sold $73,904 in the latest annualized quarter; $6.2M outstanding purchased (36.1% of net worth), $14,970 sold and retained. Sold in 8 and bought in 7 of the last 8 quarters. Shares 0.8% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | losing money, delinquency 2x band, charge-offs p90, auto monoline |  |
| 2016-06 | 4 | expense trap, repo signal | losing money, delinquency 2x band |
| 2016-09 | 4 | delinquency 2x band | expense trap |
| 2016-12 | 5 | net worth falling |  |
| 2017-03 | 5 | margin squeeze | net worth falling |
| 2017-06 | 4 |  | delinquency 2x band |
| 2017-09 | 5 | delinquency 2x band |  |
| 2017-12 | 4 | members leaving | margin squeeze, delinquency 2x band |
| 2018-03 | 5 | net worth falling, losing money | members leaving |
| 2018-06 | 4 |  | net worth falling |
| 2018-09 | 4 |  |  |
| 2018-12 | 3 |  | losing money |
| 2019-03 | 4 | net worth falling |  |
| 2019-06 | 4 |  |  |
| 2019-09 | 3 |  | net worth falling |
| 2019-12 | 5 | delinquency rising, members leaving |  |
| 2020-03 | 5 | net worth falling | members leaving |
| 2020-06 | 5 | margin squeeze | delinquency rising |
| 2020-09 | 5 |  |  |
| 2020-12 | 5 | members leaving | net worth falling |
| 2021-03 | 4 |  | charge-offs p90 |
| 2021-06 | 2 |  | repo signal, margin squeeze |
| 2021-09 | 3 | charge-offs p90 |  |
| 2021-12 | 2 | repo signal | members leaving, charge-offs p90 |
| 2022-03 | 4 | delinquency rising, charge-offs p90 |  |
| 2022-06 | 4 |  |  |
| 2022-09 | 3 |  | delinquency rising |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | charge-offs p90 |
| 2023-06 | 2 |  |  |
| 2023-09 | 4 | delinquency 2x band, delinquency rising |  |
| 2023-12 | 3 |  | delinquency 2x band |
| 2024-03 | 3 | charge-offs p90 | delinquency rising |
| 2024-06 | 2 |  | charge-offs p90 |
| 2024-09 | 1 |  | auto monoline |
| 2024-12 | 3 | losing money, assets shrinking |  |
| 2025-03 | 4 | net worth falling, charge-offs p90 | repo signal |
| 2025-06 | 4 | repo signal | assets shrinking |
| 2025-09 | 4 |  |  |
| 2025-12 | 4 |  |  |
| 2026-03 | 3 | thin capital, members leaving | losing money, charge-offs p90, repo signal |

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

- 2025-07-24 [Gloria’s Gab LIVE: Gloria Burns Talks with the MPS Credit Union Outreach Team - Miami's Community News](https://news.google.com/rss/articles/CBMiuAFBVV95cUxPUFFtMTBNRC05aHlEWWViUHdzajZmcVNYUm9NR1FpZHoxRVBqUkhaXzlYVldFX2pfMloxY2hrUVB6d2V2Yi1YSGRaVGZCbmNJZ1BYYUhuX29XY19ZRTFURmxDMTA4SEc1bjdocHNObzJ5YTFXM19oTFVPZUZCejV0ZVNUZ0hVYy1yaDZUVHdmbWR0cmJUS3VlSUplaWhPZVRQT3dJeTk1TW1jT0xzU2dvbU4yRV9fN2xo?oc=5) · Miami's Community News
- 2025-04-08 [America's Best Regional Banks and Credit Unions 2025 - Florida - Newsweek Rankings](https://news.google.com/rss/articles/CBMijgFBVV95cUxOSV9rYjRvVlQwYzdjRjQ5RWNWYk5sNXpzMEpRQml0ZlN2VkI3cmkwMGRmVTI0eERfeG1tTWp6Y0lXZWtIdTc2N2xOYjZyU1ZEQnpOSkgtd2tHTDd2Z3pnbVNvZDFTUXJyZy1iOU1rc1lsaHJnaXVPM0JpX1FSbjVUTkdBWHl3djA5X2ZvN3Zn?oc=5) · Newsweek Rankings
- 2021-02-11 [Stanley Gold: Remembering a NAPS Legislative Giant - National Association of Postal Supervisors](https://news.google.com/rss/articles/CBMie0FVX3lxTE41SEE4V2dndy1TblFfYlVzT3l0dUVaWE54dm4xWmRzV3lSeGwxVldqeUtNMFlfdW95bFFnY3FMQjc3bTB1TXFPdHlkT1R1UUdHZVpiYUM4bFJPTUtsWkFjdXI2dUJtT3A5dWdHc2dDYWdwbkR4eGU3c055cw?oc=5) · National Association of Postal Supervisors
- 2015-10-20 [Apple Pay Now Supports HSBC and Over 70 Other Issuers in U.S. - MacRumors](https://news.google.com/rss/articles/CBMiekFVX3lxTFBUTHRCY3IzdWNublNxdFdfQTFrMXNIM1djSGRhdEJQYm1fTWxleG9LT0lQbm0zS1psTVpiRmxmM0tDbGgzWEtGX2NPS184eC1iVkhnblRscUJ2TUU5aDdOM2x6VXFvZEpPckRZdFY1eEJIbC12MnBsUHdn?oc=5) · MacRumors
- 2018-10-02 [Here are all of the banks that currently support Apple Pay - iMore](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · iMore

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67330 (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/2.json (key "67330", 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=67330
- 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