Dec, 31, 2023 — MORNING STAR BAPTIST FEDERAL CREDIT UNION is a federal credit union headquartered in CLAIRTON, PA with 1 branch location and about $311,199 in total assets. Opened 52 years ago in 1972, MORNING STAR BAPTIST FEDERAL CREDIT UNION has about 300 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MORNING STAR BAPTIST FEDERAL CREDIT UNION |
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Address: (Main Office) | 307 Shaw Ave CLAIRTON, PA 15025 |
Phone: | (412) 414-5314 |
Fax: | (412) 233-4290 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 300 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20839 |
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Membership Type: | Associational - Religious, other than those designated 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1972 |
Last Audited: | Sep 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $311,199 |
CEO/Manager: | Joyce Hammons |
Chairperson: | Willie Anderson |
ASSETS: | $ Amount |
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Cash & Equivalents | 236,858 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 110,519 |
Other Loans | 0 |
TOTAL LOANS | 110,519 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -44,555 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 2,284 |
All Other Assets | 0 |
TOTAL ASSETS | 311,199 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 216,398 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 216,398 |
TOTAL LIABILITIES | 216,398 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 94,801 |
TOTAL EQUITY | 94,801 |
TOTAL LIABILITIES, SHARES, & EQUITY | 311,199 |
INCOME & EXPENSE | |
Loan Income | 12,941 |
Investment Income | 289 |
Other Income | 0 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 15,166 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 38,658 |
Cost of Funds | 92 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -40,686 |
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» See also Statement of Financial Condition