Sep, 30, 2025 — FIVE STAR OF MARYLAND FEDERAL CREDIT UNION is a federal credit union headquartered in BALTIMORE, MD with 4 branch locations and about $61.74 million in total assets. Opened 57 years ago in 1969, FIVE STAR OF MARYLAND FEDERAL CREDIT UNION has about 5,763 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FIVE STAR OF MARYLAND FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 716 Maiden Choice Ln BALTIMORE, MD 21228 |
| Phone: | (443) 844-3242 |
| Fax: | (410) 869-8293 |
| Website: | https://www.fivestarfcu.org |
| Branches: | 4 branch locations |
| Members: | 5,763 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 19668 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1969 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $61,736,910 |
| CEO/Manager: | James M Whipp |
| Chairperson: | Paul Coakley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,153,252 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 12,682,456 |
| Unsecured Loans | 2,836,661 |
| Other Loans | 8,670,949 |
| TOTAL LOANS | 24,190,066 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -72,536 |
| Land And Building | 548,467 |
| Other Fixed Assets | 147,834 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 556,892 |
| All Other Assets | 0 |
| TOTAL ASSETS | 61,736,910 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 75,072 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 239,153 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,177,979 |
| Regular shares | 34,646,818 |
| All Other Shares & Deposits | 9,930,983 |
| TOTAL SHARES & DEPOSITS | 53,755,780 |
| TOTAL LIABILITIES | 54,070,005 |
| Regular Reserve | 0 |
| Other Reserves | 2,161,800 |
| Undivided Earnings | 5,505,105 |
| TOTAL EQUITY | 7,666,905 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 61,736,910 |
| INCOME & EXPENSE | |
| Loan Income | 1,097,267 |
| Investment Income | 930,338 |
| Other Income | 312,717 |
| Total Employee Compensation & Benefits | 1,013,549 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 920,603 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,571 |
| Cost of Funds | 373,986 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 122,113 |
| ↑ Back to Top | |