Sep, 30, 2025 — NRS COMMUNITY DEVELOPMENT FEDERAL CREDIT UNION is a federal credit union headquartered in BIRMINGHAM, AL with 1 branch location and about $1.38 million in total assets. Opened 30 years ago in 1996, NRS COMMUNITY DEVELOPMENT FEDERAL CREDIT UNION has about 775 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NRS COMMUNITY DEVELOPMENT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7400 LONDON AVE BIRMINGHAM, AL 35206 |
| Phone: | (205) 995-4414 |
| Fax: | (205) 833-1966 |
| Website: | https://www.starfcu.net |
| Branches: | 1 branch locations |
| Members: | 775 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24583 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1996 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,375,897 |
| CEO/Manager: | Brooke A Smedley |
| Chairperson: | RONSTEAD CLAUGHTON |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 737,679 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 19,781 |
| Unsecured Loans | 107,601 |
| Other Loans | 510,794 |
| TOTAL LOANS | 638,177 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -27,737 |
| Land And Building | 0 |
| Other Fixed Assets | 16 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 12,504 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,375,897 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -3,767 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 96,098 |
| Regular shares | 904,718 |
| All Other Shares & Deposits | 183,345 |
| TOTAL SHARES & DEPOSITS | 1,184,161 |
| TOTAL LIABILITIES | 1,180,394 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 195,503 |
| TOTAL EQUITY | 195,503 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,375,897 |
| INCOME & EXPENSE | |
| Loan Income | 47,374 |
| Investment Income | 738 |
| Other Income | 12,802 |
| Total Employee Compensation & Benefits | 20,511 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 31,675 |
| Non-operating Income & (Expense) | 185 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 2,842 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 6,248 |
| ↑ Back to Top | |