Dec, 31, 2023 — NEW RISING STAR FEDERAL CREDIT UNION is a federal credit union headquartered in DETROIT, MI with 1 branch location and about $108,589 in total assets. Opened 41 years ago in 1983, NEW RISING STAR FEDERAL CREDIT UNION has about 139 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 |
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Address: (Main Office) | 10605 Mack Ave DETROIT, MI 48214 |
Phone: | (313) 823-5084 |
Fax: | (313) 823-5086 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 139 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24030 |
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Membership Type: | Associational - Religious, other than those designated 'low-income' |
Corporate Credit Union: | No |
Year Opened: | 1983 |
Last Audited: | Apr 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $108,589 |
CEO/Manager: | Veronica Johnson |
Chairperson: | Christopher Holly |
ASSETS: | $ Amount |
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Cash & Equivalents | 74,812 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 5,441 |
Other Loans | 0 |
TOTAL LOANS | 5,441 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,199 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 973 |
All Other Assets | 0 |
TOTAL ASSETS | 108,589 |
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 | 98,238 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 98,238 |
TOTAL LIABILITIES | 98,238 |
Regular Reserve | 0 |
Other Reserves | 5,691 |
Undivided Earnings | 4,660 |
TOTAL EQUITY | 10,351 |
TOTAL LIABILITIES, SHARES, & EQUITY | 108,589 |
INCOME & EXPENSE | |
Loan Income | 1,226 |
Investment Income | 0 |
Other Income | 271 |
Total Employee Compensation & Benefits | 0 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,351 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 0 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -854 |
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