# MEMBERS SOURCE
Merrillville, IN · NCUA charter 68562 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/members-source-68562

Who the members are: state charter, organized 1935, low-income designated. 6,006 members of 9,225 potential (65.1% of the field); checking penetration 49% (share draft accounts per 100 members); loans per 100 members 43.

**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 | $93.5M |
| Members | 6,006 (-2.0% YoY) |
| Full-time staff | 19 |
| Net worth | $12.6M |
| Net worth ratio | 13.5% (p58 of band) |
| ROA (annualized) | 0.81% (p57 of band) |
| Total delinquency | 1.47% (p86 of band) |
| Net charge-offs (annualized) | 0.09% (p31 of band) |
| Loans / shares | 60% (p49 of band) |
| Cash / assets | 8.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.63% (p49 of band) |
| Operating expense / assets | 3.65% (p55 of band) |
| Vehicles % of loans | 22% (p17 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.25% (p29 of band) |
| Vehicle NCO | 0.00% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 65% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 33% |
| Core shares % of member funds | 64% |
| Certificates % of member funds | 17% |
| Average share balance | $7,418 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $4.5M |
| Loans outstanding per 100 members | 43% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $18,811 |
| Loans granted, annualized | $6.7M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $4.5M outstanding purchased (35.3% of net worth), $0 sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares -1.5% year over year.

## Flags firing in the latest filing

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

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

- 2026-09-01 [Members Source Credit Union opens new branch in Dyer - nwitimes.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxQQzZRdTdHNGdrRVZ4cHhHcnpkb3pFdlNZQkkyVjh3cG5xVTZjYW43YWpiVUlyY1pWbHM2VXZ1Y1RBeThwOU1ZQXVEMjBEYjZDb1kzUWNHUmttaks5RlQwUmtHRXVzMUt5VkVyNW1VUGY0V1BCb2V3T2l5UHYwM0pHdGNjN09va3N2RExmZVV4ZU1ZcS1z?oc=5) · nwitimes.com
- 2026-09-08 [54 Credit Union Leaders Earn CUDE Designation - cutoday.info](https://news.google.com/rss/articles/CBMiigFBVV95cUxOZVpnbEstUFVkSDRERlRkaWlLX240b3pWSm1DMTN4VW83REFRZzFMU2w5eDcxSGVhRVdnSlk1c3pMcmJtWk5OeUVvb0tLMWVoT3FRNElON1pPM21aZGR0eEI0SWhUY0wtN0lSSDFsSmJBcDQxenBmZFJSbzhNT2tmTFdZTXphWUZtN0E?oc=5) · cutoday.info
- 2017-10-16 [How Credit Unions Work - HowStuffWorks](https://news.google.com/rss/articles/CBMifkFVX3lxTE1iREhlQnZHemtLNjd1YXlmdVpDZjdxQi1WX1phR2FTZkxmTXZ1M0hjR1JiRE0xR2ZVcTNZYkp4bkl6VTdORFhTNV9pVi1QMEpkMXpBTWZOdkM2OW5TSXdwbGNqWVBpRklxLXhvSDhrSGR1VEJlVXB2bHhuZkxuQQ?oc=5) · HowStuffWorks
- 2024-12-10 [FirstOntario Credit Union selects Temenos to enhance digital experience for its members - Retail Banker International](https://news.google.com/rss/articles/CBMi0AFBVV95cUxNb2thSDNEMGgwNEl3Y1M5eW5tMnBQMFE4SktmOXVmMzNTQkswZDhwTWRRTXBjcXgzTklnUnc1YnVFRGZGUXh5VGI1Tlc0Ny1Ca1ZLczFPWjY4cHhOZHZLd293OUhGZThJTGxEaU50bE1DeC11MlhHN3I4bm00ZFZBaDJmSDYxajdNNE5nTENLemdiMzNPei11b3dCZTQxdHJFMVZJbUt1bnBvTFJfdTY2ejlOWTJ1ZThhYk1mNWdPMG1mZFhhU05DVFFpTWY2NzJZ?oc=5) · Retail Banker International
- 2024-06-01 [Crossroads Chamber of Commerce celebrates first day of Corn Roast celebration at Bulldog Park in Crown Point - GreatNews.Life](https://news.google.com/rss/articles/CBMi1wFBVV95cUxONFRmdDBwRkstLUxOeWZaTWk3U0tXWmdfaVc0M1hHN3RxQ1UtT0N3WHVEZ1J5eERpaFkzanRsYTBjOWY1R29xS0VyZWUwTENUekFqcmpCVWhEX0VsZ25HclY2MmVVcGNHSkN5UnQwaDdGZXlZY2phcm5NR2JsYUhWSTlLUXBxZmV2MHp2bUpCdmN6OWlKcHMwN1YzaTVjZmdhczNHLTZCV00zQVlxczUzVzQ1czRCSmRuLW1NeU01WE5QWXJDN1pqZFJrdWdLZzRuTURxTXdjUQ?oc=5) · GreatNews.Life
- 2016-05-07 [Kenneth Black Obituary - Highland, IN - Dignity Memorial](https://news.google.com/rss/articles/CBMiggFBVV95cUxQYXZYay1NQjdYNzU5amdaLVpudkhaRUl2aTJreEZCdWNVVEFnNll2akR3OGc0WkFkeWN1aUIzLTYzUUNYX2FHa3RLWlhvQ1lqVDFaa1prdDVyd20ycTN0b24yOEMwZFBTeEpLZUI3bHhrbEtReTRpU002cll4d1gtYkhR?oc=5) · Dignity Memorial
- 2020-11-17 [Thinking Capital and Meridian join forces to bring more lending solutions to small businesses and drive sector growth - PR Newswire Canada](https://news.google.com/rss/articles/CBMi_wFBVV95cUxQeGFXZGFNd2lWSUJUVEdyT1dUQmJIMWVxZDZRXzhGUFh5VUhjQWRncmRZSGp0QXR1YW51QkhFUUxWRkFTaDAwWHVVYlRYSXV3T1p4UE9QNWpwYlBZcHFXcU85SUhKdmktN3JkN2wzUXFpU0lNMk9aR0RobmtueHBCbmhpdGZpaDBXaUJwSzRyR3NaYld6RThKNzl4VjJhdzc1MURaOW0wdjNXX0FLM0RlUXBSeW1ScDZXSTFXdGJMdzFUMWtWZVdoSzMxb1hXWXlmZGxUNkpJV0M1TmN0TThHd3hEU284U3FSMmJBQldpVS1BcnR1bVJDY3RqZVZBbHc?oc=5) · PR Newswire Canada
- 2006-11-02 [Eric Ensweiler Obituary (2006) - Merrillville, IN - Post Tribune - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxOeDlrTUcxWHFqalpXY1NvY1BhcW5VUDJ5b3pvejJ1ejJ0M3Q2RXRoRlNVMU1GZ2N4cnI0REIzbWhUcEx5UXJXUmI2MEtMdmdQN0t4aDktZU1ZVzIzNHdCWjhUbGptbC1MNXhUbVZuNHdNZ1FOeVFYRlItRlVSOHdWLWU2UVo1UTh2WHJUYk11X3VyRWZD?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68562 (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/18.json (key "68562", 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=68562
- 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