NEW RISING STAR FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Sep, 30, 2025 — NEW RISING STAR FEDERAL CREDIT UNION is a federal credit union headquartered in DETROIT, MI with 1 branch location and about $112,101 in total assets. Opened 43 years ago in 1983, NEW RISING STAR FEDERAL CREDIT UNION has about 140 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NEW RISING STAR FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 10605 MACK DETROIT, MI 48213 |
| Phone: | (313) 823-5084 |
| Fax: | (313) 823-5086 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 140 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24030 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1983 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $112,101 |
| CEO/Manager: | Veronica Johnson |
| Chairperson: | Christopher Holly |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 16,804 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 0 |
| Other Loans | 0 |
| TOTAL LOANS | 6,972 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,717 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,012 |
| All Other Assets | 0 |
| TOTAL ASSETS | 112,101 |
| 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 | 101,006 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 101,006 |
| TOTAL LIABILITIES | 6,576 |
| Regular Reserve | 0 |
| Other Reserves | 4,625 |
| Undivided Earnings | 6,470 |
| TOTAL EQUITY | 11,095 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 16,804 |
| INCOME & EXPENSE | |
| Loan Income | 238 |
| Investment Income | 150 |
| Other Income | 7 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,916 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -2,500 |
| Cost of Funds | 0 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 376 |
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