# TRUSTONE FINANCIAL
Plymouth, MN · NCUA charter 68722 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/trustone-financial-68722

Who the members are: state charter, organized 1939, low-income designated. 221,057 members of 5,884,979 potential (3.8% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 55.

**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 | $6.06B |
| Members | 221,057 (1.8% YoY) |
| Full-time staff | 529 |
| Net worth | $654.4M |
| Net worth ratio | 10.8% (p53 of band) |
| ROA (annualized) | 1.05% (p78 of band) |
| Total delinquency | 0.84% (p72 of band) |
| Net charge-offs (annualized) | 0.14% (p10 of band) |
| Loans / shares | 88% (p56 of band) |
| Cash / assets | 7.9% |
| Borrowings / assets | 13.00% |
| Net interest margin | 2.55% (p11 of band) |
| Operating expense / assets | 1.96% (p6 of band) |
| Vehicles % of loans | 11% (p14 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 59% |
| Third-party paper % of net worth | 41% (p22 of band) |
| Vehicle delinquency | 0.46% (p34 of band) |
| Vehicle NCO | 0.88% (p44 of band) |
| Repossessed % of vehicle book | 0.00% (p11 of band) |
| Real estate % of loans | 51% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 207% |
| Core shares % of member funds | 33% |
| Certificates % of member funds | 30% |
| Average share balance | $9,389 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $17.5M |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $33,601 |
| Loans granted, annualized | $1.01B |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $17.5M outstanding purchased (2.7% of net worth), $65.4M sold and retained. Sold in 4 and bought in 0 of the last 8 quarters. Shares 6.0% year over year.

## Flags firing in the latest filing

- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 1 | leaning on borrowings |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 2 | loans>95% of shares |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | delinquency rising |  |
| 2024-03 | 1 |  | loans>95% of shares, delinquency rising |
| 2024-06 | 2 | delinquency rising |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 1 |  | delinquency rising |
| 2025-12 | 2 | net worth falling |  |
| 2026-03 | 1 |  | net worth falling |

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

- 2024-02-06 [TruStone Financial Credit Union Becomes League Premier Sponsor - Minnesota State High School League](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOa0JmSWZwU3J3anBPQTN5RkV4OUh4VlR3YzZOR1VXRmdUT0IzRG5PWGJyNzRwdG9XZkRYdDZ1bGdlRHEwTEVMWjJWdk8wNnAxWnRBYmtUZVVzUlBrOVlsM3FqcHBhOVU2a3Z5MDRWM1BXX2h3bVRXenlWX0FCQUlVQXF2cHNnMnZYQ01tNFI2X0NDTHl2YWxZVWpYN3N2a2N2U0JJcm1xRkdsOVk?oc=5) · Minnesota State High School League
- 2026-06-11 [Did your employer make Minnesota’s Top Workplaces list? - startribune.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxOcWdSWDdmLVl5a1VCc3pPa2RWeTRiTlk4cU9tc0hPMlVaNS1sY0FicG5xNmNyamw5SjFTeVZ6RFdJYU51bFdoelI5dmE3c0pKRURuMlk0NTlBblRHUXA0akpoQ1JGeUhNblBJVzYxZ1lIdEpCNHAxZUFTX2xzYkIwcUxEZm9TWWs1UTBlYk5pTGVMQkU?oc=5) · startribune.com
- 2025-11-14 [Top Women in Finance 2025: Lisamarie Meyer - Finance & Commerce](https://news.google.com/rss/articles/CBMieEFVX3lxTFB1U1l2emNBd2xUT1lqcW5oRWhBWGx5ejlTb3g3bUZVWWI2SXVpVFlUSGotWXVDeE9YV3RnaWx4MHZ5QnE4WGtka1JPWEFTckxFUVpPaFd6S2xXS2ZDZTdWcmhucXkyR2VQMkFuQUdjN2tfRzNLRHc1Tw?oc=5) · Finance & Commerce
- 2025-08-20 [TruStone Financial to open fifth Milwaukee-area branch - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxPUTBsNEtncjk3SEczeC15aUZiV05lZExyamJnV1RWRHZmVnViZ2tfSEEzR1UzRmFZMVNJbF9aVjJ4RjlwcHJfYWJqaUwyTjg4bG5ELW1UekcwSEFlY0Q5dkRLQTFlazI0aHNqVWVLZ1JZMDUwdEszLXpub2xBckR4VTdrd21rcFRGZDVjX1RFLUpxbmpMRjBBaGxNYlM3OU5XeHZqRW1B?oc=5) · The Business Journals
- 2020-05-06 [Firefly and TruStone Announce Merger Plans - Twin Cities Business](https://news.google.com/rss/articles/CBMib0FVX3lxTE1xRVp2YnZ3NmVGdm9DN2ZoZkhYY3g3bDZtRDh5LUxBX25mZ0pZSnpnU0lKNXJZYVRMMmliNzdKVTFnV1d6MnozMnlWTXdvMWhKN3dfTm42bktqWnEtVnJhX2cwVGVGYXJYREJJMmhMdw?oc=5) · Twin Cities Business
- 2018-03-08 [TruStone Financial announces new Oakdale branch manager - CUInsight](https://news.google.com/rss/articles/CBMinAFBVV95cUxNN21SWlpHX3FuWUpicUtiLVJleU1VOEtQU1ppTFdzYjJDOUd2VmRXaWluUDdRb3hzVGd2ejhJUVB0S19FRGFkTUotRl9ZV1l6X1F2bWhISGFuX2c3RS02SVZMRVlPWVRaYVpZVjVCUDBNTlFHNHZYT1dnNkZDdmtUYngtWk1ZVG81MUx0WXhXOC0tRHRjM0lpZTZYUC0?oc=5) · CUInsight
- 2020-12-29 [TruStone Financial Credit Union and Firefly Credit Union Merger Approved - GlobeNewswire](https://news.google.com/rss/articles/CBMi3AFBVV95cUxPY3NJNkh3REpLekxMR2lFLW5EMW9PNWEtUTFEbzZ3dzZUR1NNTklKM0V3bDJUQ1Z4V204SmlUVkZ4cXNwYVgwNDFITzJnRE9nTlFTWHBSU1cwWlctelE5dDRLdWsycm44T2t2Nk5wdThzQ2ZQelFOZXdiSDdKUTR2ak52RkVJZmZlbmM4SURHTGdDdGJzV2Q5M3czNHBZMGVCSTR0d2VPcE9waVB0aDBfaElfXy1iNEYwNl8wb01MRTZzVEFsaEUzMnZaYU55cGhkU2RvNHVIWXE5WVpF?oc=5) · GlobeNewswire
- 2022-04-24 [Business People: TruStone Financial CEO joins Fed advisory council - Pioneer Press](https://news.google.com/rss/articles/CBMipwFBVV95cUxNcW5oSEtzYkNUMXVVYlZFMTFTVVRhZ3I0cjNPSUlsMVNKLXp6UkhHTmo1b05MRm50MmRyLXRxVUVHTGU2cEp1bGd6RFcwWGtmbVFOT0hXcGRYM29EVlNXS0x5RzFSY1VUWkZ0VUZrLVU3ckxoOTdDWG5mNzBhWTMyU3ZycU5ZeW5GcUFkTE52X0dhSTNOVUNTTFBvUS00dVB2TkhHOXJXVQ?oc=5) · Pioneer Press

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68722 (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 "68722", 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=68722
- 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