# MERIDIAN TRUST
Cheyenne, WY · NCUA charter 9160 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/meridian-trust-9160

Who the members are: federal charter, multiple common bond, organized 1954. 43,655 members of 85,492 potential (51.1% of the field); checking penetration 62% (share draft accounts per 100 members); loans per 100 members 56.

**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 | $727.8M |
| Members | 43,655 (4.0% YoY) |
| Full-time staff | 131 |
| Net worth | $93.0M |
| Net worth ratio | 12.8% (p80 of band) |
| ROA (annualized) | 0.64% (p53 of band) |
| Total delinquency | 0.64% (p54 of band) |
| Net charge-offs (annualized) | 0.26% (p30 of band) |
| Loans / shares | 85% (p60 of band) |
| Cash / assets | 11.0% |
| Borrowings / assets | 0.41% |
| Net interest margin | 3.66% (p68 of band) |
| Operating expense / assets | 3.77% (p61 of band) |
| Vehicles % of loans | 29% (p55 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p15 of band) |
| Vehicle delinquency | 0.41% (p35 of band) |
| Vehicle NCO | 0.47% (p28 of band) |
| Repossessed % of vehicle book | 0.23% (p84 of band) |
| Real estate % of loans | 43% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 72% |
| Core shares % of member funds | 50% |
| Certificates % of member funds | 22% |
| Average share balance | $7,020 |
| Participations bought / yr | $32.1M |
| Participations sold / yr | $0 |
| Participations outstanding | $24.9M |
| Loans outstanding per 100 members | 56% |
| Loans granted per 100 members, annualized | 20% |
| Average loan balance | $21,784 |
| Loans granted, annualized | $100.8M |

## Participation posture (from the same filings)

Bought $32.1M and sold $0 in the latest annualized quarter; $24.9M outstanding purchased (26.7% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 3.3% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **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 | 1 | 3rd-party paper>100% NW |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | net worth falling |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 1 |  | net worth falling |
| 2018-03 | 0 |  | 3rd-party paper>100% NW |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | net worth falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 2 | margin squeeze |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 0 |  | net worth falling, margin squeeze |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | net worth falling |  |
| 2022-06 | 0 |  | net worth falling |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 0 |  |  |
| 2023-12 | 0 |  |  |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 1 | delinquency rising |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 0 |  | delinquency rising |
| 2025-12 | 1 | delinquency rising |  |
| 2026-03 | 2 | net worth falling |  |

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

- 2026-07-01 [Credit union holds groundbreaking ceremony paired with lighthearted campaign - WyomingNews.com](https://news.google.com/rss/articles/CBMi_wFBVV95cUxOalZsNk15QzY1SG1XUS14VElSeE84UWZLQk1MWFFuVnlFa0VoeEZ6NlRVY051cF9sdVpIMjRYbVFfTkNoSHNvdlh5RE9BNjFiSzA5akdZSU16TFRJOVdHdlhWUzNodWVQMDB1Tm8wc0EtMy0wazVCRzVqb2ljdlI4RTZWeGpWR1VRVVVrTWhQQ2JtYTZMRGdZLXplc1FIQVp2X1ZHZzVybHlOUU1uUVp6QVlVTWJEdjhvZVFBODYweUNBaTVfcnFMV29qNjBqNm1rV0V0QUtXTlQtZDV2Sm9EWVhzN3RfdWoyeVAzNHF4S3pQNEgtR292U0s4dWVHY1k?oc=5) · WyomingNews.com
- 2023-11-08 [Kim Withers to retire, Meridian Trust names Bryan Thomas next CEO - CUInsight](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOT0o0Q0hxUEV1a25XTFVBOFlEaEJYLVFMUFRQNTdobFpvdVNjVUV5bjUwRkFnZHc4MU5RbFlwa09IOHNkRVRKTEVXVlB1a1ZHZmFkWFBFVk8zOVB0aXRPU09ZcmlCdExNSHU2WU5iTkRCSFVpNWg0NWJ2bHZ5VF9YdFlKV3pxYm9RU2h5OGV6R0JvcW5JaFI0eVFaUHZnQkY0QnFEVHhQMGs?oc=5) · CUInsight
- 2021-09-13 [Meridian Trust Federal Credit Union announces proposed merger - County 10](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNTFgwVDBKSE5CZ3Z4TC1CQzE0Y0FfbmdUUUdNUjE5bnpCVE1Dd0pEUzRZVVR6WEtCVVBDZW5QOUVOM0tSR0lqOG9FWWhrRkZCUGkyZGxoOUtPUUpBUXJPdUdmUjhBcFNtam4ybHMxZ2dtMmhZQTZLaVFGQUY2UUZZMHVIb0FaVXNTMmpz?oc=5) · County 10
- 2021-09-14 [Wyoming and Nebraska credit unions to merge - americanbanker.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxPN2hPQTFCVVhERVREa1RvVGNuMXhha0RaWURxTnhFZHRPSzFJdnB4WDJOUU5sVzA5UV9yN0p0aFdYeWZkVlpHWV93dHFQYURzbnJKN2NKVFZ1ZlJyYWNvSDR1bERlUjRGeC0xeUZPRzQtbzVHRktVOEhJbXVubWZUenAtamgwVGdpRFRCaFhoYVBFQXl1TnQw?oc=5) · americanbanker.com
- 2017-11-27 [Meridian Trust takes over at old Loaf ‘N’ Jug site on Broadway - Buckrail - Jackson Hole, news](https://news.google.com/rss/articles/CBMie0FVX3lxTE9TNFVBSzNGM05jamtkWnhtN19xWHZ1ckJ3NHRFZVMwQjVEZ2hDYW9JcWNBZkpzYnRwVm1XQW9ydXpuQnFrcVpYRUVfWDNkbEFhLWdudFNUay1DQ21pYTFPbEl5NkJyRlhKUVpEelE2QU9GdEUzeUs5S0xLYw?oc=5) · Buckrail - Jackson Hole, news
- 2024-02-13 [Coffee Time: Tune in for details on Thursday's Meridian Trust Federal Credit Union Business After Hours - County 10](https://news.google.com/rss/articles/CBMiwAFBVV95cUxOcXZDaFMzVFVHZGhVWHdOb2t5Z3B1THVoaGhRQ19KaWxRTUtfSUtRN09GYkRzTXJNbldQMHFhWklBWjMxaTc4Q3dCa3BOZzF0QWFxWWl6ODhjTzJCdTgzbzBMSVV6UjNPNjJ2Z1RVLWJRT0xQdy0yMC1kcjB0N3Y1R3Z1aXJiQmZiSDZNdkZ4U1o3M3kzWlNjdDFqdVkzZWRXdF9LcEFyQmtKSk1qMmpNd3NpOUFhb2hxQk1QMWpHNnU?oc=5) · County 10
- 2025-12-11 [Cheyenne woman suspected of forging checks arrested on 2023 warrant - Cap City News](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPVDY3M1QzTHpNTGMyT1RDYUEtbFRqYnNKZ2JtNUFsSmFFbHQybzBVd2p2SWYyNF9COXNscEpsc1dkMHBLUnhQUG83UHRGQUhGSDlEVTllZkw4T0owOU1CdFVMb0xlQV9POWxUOHQwRWhVcV9leUZsemZzS1RVWE90TDFJZmwtTmU0OUxTUjUtT3pnUHI1N2lEVTBNYlZ6R1VWVEgxbXNJT1BRUQ?oc=5) · Cap City News
- 2024-09-27 [Anthony Keith honored as a Cheyenne "20 in their Twenties" - wyomingnewsnow.tv](https://news.google.com/rss/articles/CBMi2AFBVV95cUxPbDBvdngyODR0aU9DUkRxbktSell5SHlDc2FUcnZzVTBoUEV0aDQ4YmFxeFp1d1JIMHJqZ3hxaGRvM3FIQkZONVJvRDNnbmp5T2tGaDFoZ09pMUhieUVDdUxUTFVJd00tM0lZWms1a0h6M2NiM2xJVURsNGFFbFFoMlB0WGh6emE1akdScW5MZldMOWk3c2xMWmlpUjdMVWg4SFhEcHp6ZDlBLVNZUDFwRWxOZmdsU1BmaEZ0dDluaUlxYXJLRE5YSWZtdE9PLXhobWVpRUswUXM?oc=5) · wyomingnewsnow.tv

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9160 (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/8.json (key "9160", 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=9160
- 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