# BILLINGS
Billings, MT · NCUA charter 887 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/billings-887

Who the members are: federal charter, community charter, organized 1935, low-income designated. 13,027 members of 186,974 potential (7.0% of the field); checking penetration 60% (share draft accounts per 100 members); loans per 100 members 66.

**Verdict on the desk:** this could be *liquidity-tight*. 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 | $218.0M |
| Members | 13,027 (2.0% YoY) |
| Full-time staff | 47 |
| Net worth | $25.0M |
| Net worth ratio | 11.5% (p54 of band) |
| ROA (annualized) | 0.31% (p22 of band) |
| Total delinquency | 0.72% (p60 of band) |
| Net charge-offs (annualized) | 0.20% (p29 of band) |
| Loans / shares | 95% (p96 of band) |
| Cash / assets | 10.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.40% (p39 of band) |
| Operating expense / assets | 4.55% (p84 of band) |
| Vehicles % of loans | 13% (p11 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 10% (p28 of band) |
| Vehicle delinquency | 0.62% (p54 of band) |
| Vehicle NCO | 1.03% (p71 of band) |
| Repossessed % of vehicle book | 0.13% (p77 of band) |
| Real estate % of loans | 74% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 45% |
| Certificates % of member funds | 39% |
| Average share balance | $7,179 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 66% |
| Loans granted per 100 members, annualized | 21% |
| Average loan balance | $20,957 |
| Loans granted, annualized | $56.5M |

## Flags firing in the latest filing

- **loans>95% of shares** (`str_ltos`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | repo signal, loans>95% of shares |  |
| 2016-06 | 1 |  | repo signal |
| 2016-09 | 0 |  | loans>95% of shares |
| 2016-12 | 1 | loans>95% of shares |  |
| 2017-03 | 2 | repo signal |  |
| 2017-06 | 3 | net worth falling, delinquency rising | repo signal |
| 2017-09 | 3 | delinquency 2x band | delinquency rising |
| 2017-12 | 1 |  | net worth falling, delinquency 2x band |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | net worth falling |  |
| 2018-12 | 1 |  | net worth falling |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | net worth falling |  |
| 2020-06 | 2 | margin squeeze | loans>95% of shares |
| 2020-09 | 3 | loans>95% of shares |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 1 |  | margin squeeze, loans>95% of shares |
| 2021-06 | 1 | delinquency 2x band | net worth falling |
| 2021-09 | 2 | delinquency rising |  |
| 2021-12 | 1 |  | delinquency rising |
| 2022-03 | 0 |  | delinquency 2x band |
| 2022-06 | 1 | loans>95% of shares |  |
| 2022-09 | 2 | delinquency 2x band |  |
| 2022-12 | 3 | delinquency rising |  |
| 2023-03 | 3 |  |  |
| 2023-06 | 1 |  | delinquency 2x band, delinquency rising |
| 2023-09 | 2 | delinquency 2x band |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 3 | net worth falling, repo signal | delinquency 2x band |
| 2024-06 | 3 | losing money | repo signal |
| 2024-09 | 2 |  | losing money |
| 2024-12 | 3 | losing money |  |
| 2025-03 | 1 |  | loans>95% of shares, losing money |
| 2025-06 | 1 | loans>95% of shares | net worth falling |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2026-05-19 [NonStop Local, Black Hills Federal Credit Union bring books to Billings school | Billings News - NonStop Local Billings](https://news.google.com/rss/articles/CBMi6gFBVV95cUxNMUdCQXBKWnh1OEp4VVVHSmMxdThWT3RvRWc0NTFnV3d0YjI4MTh4eldIRWd0bzB3NkZQXzR5THhKLVdvVFR3MEJXOGFjTGY2X0dUQUxPZk5tbm5Ba21sM2N0ODhWRE82ZTRwSHRZRWRlQnFBYlFjYmNOUEpZWWlySC1WNkFad1QtejFEeW1ldDFMZlZJalRyRmpKcWJhOUxIbm9jVVZfMTE0MTByMndmdktodHdGc1RlMlBnRXYzOFBxSWFHNGlZcVowRzlsREE1dDdkWXdNb0VZaU90RHR4UjA4clBVSS1TREE?oc=5) · NonStop Local Billings
- 2024-02-05 [Scammers, tech problems strike Valley Credit Union ATMs in Billings - KTVQ](https://news.google.com/rss/articles/CBMipgFBVV95cUxNUEdiTTdobjloTENhWDIxaVNYem5pRUlZN3o1Wm56cFNBTGxyRTZvdnhnQzJPNnVBeUt1d2Z2aEhpaWJrTUhabEtTX1BqZHlPQkJqT3hCSnFmSzVzOExLcWk0QVNFN0FZVUZOcjlMTmd3UHNOTlFMQmZYRi1VTFlWTzVHSExsQzVrUlcwR2lEUjE3SmIxdE9CdDJ3WDl1UUZleS1seENn?oc=5) · KTVQ
- 2025-09-05 [Valley Credit Union welcomes Ben Kuss as Chief Marketing Officer - CUInsight](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPWGFmeW9IcklUNWxYQmZuYWhrMHNNX2h3U0F4TlkxTFhoNG5qSDM1bjd4eTJWMFY4ckNfTmhMT1NwYk5BQmJGanNFakIwOEFwak82Smh6aWFLaG0yMF9PU214ZDlPdmFKX3pDTFNQRE1BQTZUVXNvTXBrcmNLVzJwcEVaZXNVcFFrOEFIcl9wdkhaa2RZWHAzUk9ZN1VoYkYyUDVHeW5ObmY?oc=5) · CUInsight
- 2023-12-19 [Montana Credit Union opening new location; Anderson Pharmacy merges with Billings company - theelectricgf.com](https://news.google.com/rss/articles/CBMihgFBVV95cUxQbTEtQ1hicHhOMlZjV1Y5S2VMUUNjU2lOYnlnaHRJNXdnLVZYVGgtMmo2OThZSUF6dUJTMnlFN01zVkNmN0hGUlA4X1pqMDJRSGkxUC12WUJIZGZrT1pYb1kyTS1zWHpoNWhNX2VwdHN2dFNOOEl6YUU3alNOMXVLakJvdWs4d9IBiwFBVV95cUxQRW9lRUkzZUl1UjdNak81bXJiMEdiOWFKc0VjTHc1TkxxaEQ4TkVzdDJiQlJiMWxnQ283RVlqcHFyRU1MVlNibXFuY3hGQWltU1Y5R0RybmhUVHB2NmhMUVJTVnl1eWpmWFNseHdCTThfRU12NE4zZmotT1prZ01vR01IaW1fVFN6VzJj?oc=5) · theelectricgf.com
- 2026-06-30 [Silhouette shoot Sunday, July 12 - Billings Gazette](https://news.google.com/rss/articles/CBMijwFBVV95cUxQOTRDWHZweHd4X2hMc1E1OWVTbkROeFozY3dtQ09WTlR4ZFVJckYtUzE4Q0dxLS1oUk1Wb2NBTFUtc2dISGxla2JabWd0MUFaNVZpaXN1RlJjZXZBdE96eTU0RkRSZE5MNFRTcGN4RWVZejh5U1BDYXNwcm4zWHY4T1llRDFuY0I4T21WZXFMaw?oc=5) · Billings Gazette
- 2024-06-07 [Black Hills FCU hosts Grand Opening celebration for new Billings Shiloh branch - NonStop Local Billings](https://news.google.com/rss/articles/CBMi6wFBVV95cUxPZ0MtajdRYnpJTDJoM3FELU85a0JqWk1lTG5YMUZNWlAyQm16cTlHUF9KNkN0S1Q4M182M3ZkN3M0RTJqOXRCU1NVTkVKeFBvX1hZeFkzTDQ0U2dwclBRYVo1ajcxVjJ2U1h4WTFQR2ZUZjh1Wjg1OVk2OVp2YW91WkpUUFpYMzBfdUJJWlpQQjhLaElaaU1NejdndC11SEhHLXBHOFVvZG1vM0Z3SkJWOTJXS1JiTjJjTGhpYlJkdlYtbEhIOFRXYXJ0OWNITVgxY0dCdlRLQ2l6b2hjeTRkTEdSTmVfMmNwX0Jz?oc=5) · NonStop Local Billings
- 2024-12-24 [Rosemary Elizabeth Barta Obituary Dec 24, 2024 - michelottisawyers.com](https://news.google.com/rss/articles/CBMia0FVX3lxTE5PanA2b0dIeWNjdzRISkhRRk82YkUtU0JiVXJReE44aVlJcEVXV1I3d0ZWc2Z5ZzZaMEQ3d1pNem1oUk9Pa0R3YnFXSUZMckZSbXdlbWxwNzZmZzFzOGdOOXFaamNSN2hLUXpR?oc=5) · michelottisawyers.com
- 2025-05-08 [Ex-Altana Federal Credit Union employee sentenced for embezzling $60K - KTVQ](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNOFg3LUVnMXBmRXBNUVZzbjdpajZVaWwwSjFRM09WaFBwREdPeXZtYUZwUUg5QkFoOU9TbHlfY1otcTRBclNja2RJT3NKMHpDcEFKYjMzVGdXU2xoekc2ZzlUQUVQdzdqNDRVb2VBcjF5ZlowTXlPelp2ako2dmV5VTRoeF9TcW9aSDRmSmdhY184RVBPY2h2NHRhREhSZ1VrRlBpOFdVMUZBZw?oc=5) · KTVQ

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=887 (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/55.json (key "887", 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=887
- 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