# MILL CITY CREDIT UNION
Minnetonka, MN · NCUA charter 68654 · asset band $200-500M · latest filing 2018-12 · stopped filing after 2018-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/mill-city-credit-union-68654

Who the members are: state charter, organized 1935. 22,304 members of 1,500,000 potential (1.5% of the field); checking penetration 51% (share draft accounts per 100 members); loans per 100 members 47.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $332.0M |
| Members | 22,304 (1.2% YoY) |
| Full-time staff | 57 |
| Net worth | $38.8M |
| Net worth ratio | 11.7% (p63 of band) |
| ROA (annualized) | 0.80% (p58 of band) |
| Total delinquency | 0.11% (p4 of band) |
| Net charge-offs (annualized) | 0.11% (p11 of band) |
| Loans / shares | 80% (p41 of band) |
| Cash / assets | 1.2% |
| Borrowings / assets | 0.42% |
| Net interest margin | 3.07% (p39 of band) |
| Operating expense / assets | 3.13% (p28 of band) |
| Vehicles % of loans | 26% (p25 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p11 of band) |
| Vehicle delinquency | 0.31% (p27 of band) |
| Vehicle NCO | 0.15% (p14 of band) |
| Repossessed % of vehicle book | 0.00% (p21 of band) |
| Real estate % of loans | 63% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 58% |
| Certificates % of member funds | 15% |
| Average share balance | $6,769 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 47% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $22,414 |
| Loans granted, annualized | $91.7M |

## Flags firing in the latest filing

- none

## 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 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | delinquency rising |  |
| 2017-12 | 0 |  | delinquency rising |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |

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

- 2025-11-28 [Influential CEO of City & County Credit Union plans to retire - Pioneer Press](https://news.google.com/rss/articles/CBMipAFBVV95cUxPdXBrSmE1YW0tRjNURXNKSmZ2b2NURFJqelNBOHpHZzJwSGEtYmJVcmxVTnBjOUdZTnpkbWlHUG5GNWNPYmx6Z2h6Y01iR0MwcnZKZGNOMWs5cnlFN1E0STVRUWdjUkZ3RTNRMXpjOG1RbzhidU4wVXp3TUVJWENSTUJ4V1ZEU2UtbkxIVVk0RVdwT2VEWDQwaFhVeWo5UUM5Y2RETA?oc=5) · Pioneer Press
- 2018-12-19 [CEO announces retirement as Mill City Credit Union plans merger - American Banker](https://news.google.com/rss/articles/CBMisgFBVV95cUxOeDM2TDNNT0w0N2xFRk80a0NKMVIzOUd3SWh0bFB3WXRTa1BOVWxOdVJOZnNoU2lvNUtBS1lCNmV2NGxIUkY5QzRBWTBHcXpoYzNaclltekFOQmpwTExBYU5saEVNeGJ0NW95RFpzTERqeExJU0tPY2JfOFV0WWpENWw3RS1ZaXNMbkQ0QzdXc2l3UDk0VFFwVmtwRFVYbWh3bjJDUzQtQmR1UUZxc1ZrVHNn?oc=5) · American Banker
- 2019-07-02 [Brooklyn Park welcomes McLaughlin Gormley King (MGK), illustrating recent trend of business boom in the city - City of Brooklyn Park](https://news.google.com/rss/articles/CBMi5gFBVV95cUxQTGpsaGljSVUteVFtaVgyY2FYRkZlLTdWRWNWdmpFbnNiOGM3dDUtOXBMcFItMFE5R1M1d0VRMnBMV1l4MVVpcG9xNXhmaVVkVXdtTGRrN3Rjb0w3MVJ0MS1USFlnb19vaGgzUm9ndUZzQkpDbUJIbUVXemNaNU9xOHo3aXRaOHYtbUdhNm5oS05Tck1lTEJRV2xhUGVDOXlhTk5KbjdiRVM5NXE3TWxpRGJOWWw0UmxTcm1lWW5DWnl4MEhRVUFrWHAwSTgwT0RCd2dScUdmUjhDSWFJbE9JM083NWh5QQ?oc=5) · City of Brooklyn Park
- 2022-03-20 [Firefly Credit Union® names Jake Asmussen Assistant Manager of Consumer Underwriting - CUInsight](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPZ0JCb2RIYWhkdU8yRDJQdU9hNVpNUGx5RXZfSTN1d0F2U3dpX1dNQnlmSkdEM0V4RXM0OHRLMlFpUktZMXZUNUJ2OFNONVg1ejQzR2xDSXJjS2luMXRONUdCRGQtZ2hmYUNfZWR6aUNkaEJpMzVkUGh3V0pSZ0U2Q1BsbzltZTRyNVNEakgzOHNNd0FpMEZBenBLYW1XVWN6QUpGWUFkRWVpR1psSU91VG1mckl0MGlyeVNaSWZRejZkZw?oc=5) · CUInsight
- 2026-04-26 [Best of the Twin Cities: 2026 Readers’ Poll Results - Mpls.St.Paul Magazine](https://news.google.com/rss/articles/CBMipgFBVV95cUxNVDRSamYzZ3k1WGV0VVVYOUI1VDdKaW1Bbk5PTWRwWWYycDlyWG1QX0o2SlJldWJoelBndVhwTi16ODBJRXZQMnE4ZDlBdTMydDJHZkFZMy1oQ0lza3lGbFVXZENHaEdWLTNqYTJfa1dhdnF4cFc1cnkxY1FLRUd1T0FnTmVvLTVteFZpQm54S3Z5NXE1R3haWG4zb0dGVkhIUTBWQU1R?oc=5) · Mpls.St.Paul Magazine
- 2019-02-28 [Building the movement: Executives on the move - American Banker](https://news.google.com/rss/articles/CBMimAFBVV95cUxPZW5tUmtBTVB3dkFfdmVvV01ydlhmOHpHZjlSb3dEemE1RDZkTEdqNFE3QzJHcE5OYUNHLUd1M3l6SjJGSkRYRmVVUzVTTGlYWFRmZ1hqdzZ0RDVpdU1NWmpUd05FcVJXS1hKMjFHUkRoZ0U3QXJDVXdVdmc2VFVOZThKM1hxRkp6RTc2bFd4LW1hUW9jbE5RVg?oc=5) · American Banker
- 2021-07-14 [Minneapolis ad agency Preston Kelly gets refresh with new name, new digs - Star Tribune](https://news.google.com/rss/articles/CBMirgFBVV95cUxPRXY1d0o0ZzNJRGtad2c2RVVFNzRXY1NXUkhfSjBqcXVHTDlVVkJ0Xy1uUmN1X19ZQlloV2VnQTFiNEdXdVU4THl0bGl3UTlZTXBRRVZBQm5OUXgwcEpZcFNkOVdfTlp6bklWY3VwQS12WEpiTjhBWlpTRjNxNzlYZFFnT2MxdHVCMnFGV3BvNldDd0FIWnRXTnZXLVAyWS1jUXhoM19ER2hNM1o5LWc?oc=5) · Star Tribune
- 2024-04-11 [Minnesota sisters find secret sauce to success with mom's recipes - kare11.com](https://news.google.com/rss/articles/CBMi_gFBVV95cUxNaFdFS19wYngyWjdJQnN6aVppelR2RkNJS00xX19ZR3FYNk9Ud01GczlMMnFnSERiRHUyQjBTZzc0eEpHY09kNGFTQTBJeHVWNEw1ZW4zNlhXZTdlZ0o5czZqdU5vOG12QjAtTG1KdHNiWThfMWxSamZiYU9HZkJlbUJPS2k4VWo0cUVQUE83NWNCMk54UHR1NmYwNVhaN21OYXBlN1dlb3RJajktVlJtVHNGS2hyeWk5Z3prQUYtX3ZBQTFGd2c5OG1FY1otUU1Jdm91T2VoZ01mVC1xbjBleEt2Nzlqbk9sX2VYVlpTdlhqbFZ3R0NFN1FxdGhtQQ?oc=5) · kare11.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68654 (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/46.json (key "68654", 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=68654
- 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