# NEW RISING STAR
DETROIT, MI · NCUA charter 24030 · asset band <$50M · latest filing 2025-06 · stopped filing after 2025-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/new-rising-star-24030

Who the members are: federal charter, associational, organized 1983, low-income designated, minority depository institution. 82 members of 200 potential (41.0% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 0.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $16,804 |
| Members | 82 (-38.8% YoY) |
| Full-time staff | 0 |
| Net worth | $10,228 |
| Net worth ratio | 60.9% (p99 of band) |
| ROA (annualized) | 4.48% (p99 of band) |
| Total delinquency | – |
| Net charge-offs (annualized) | – |
| Loans / shares | 0% (p0 of band) |
| Cash / assets | 100.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.62% (p75 of band) |
| Operating expense / assets | 26.35% (p100 of band) |
| Vehicles % of loans | – |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | – |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | – |
| Vehicle NCO | – |
| Repossessed % of vehicle book | – |
| Real estate % of loans | – |
| Credit cards % of loans | – |
| Unsecured % of loans | – |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $80 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 0% |
| Loans granted per 100 members, annualized | 0% |
| Average loan balance | – |
| Loans granted, annualized | $0 |

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, delinquency 2x band |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 1 |  | losing money |
| 2016-12 | 1 |  |  |
| 2017-03 | 4 | losing money, delinquency rising, assets shrinking |  |
| 2017-06 | 10 | thin capital, net worth falling, expense trap, charge-offs p90, members leaving, loan book shrinking |  |
| 2017-09 | 7 |  | net worth falling, expense trap, members leaving |
| 2017-12 | 6 | members leaving | delinquency rising, thin capital |
| 2018-03 | 3 |  | losing money, charge-offs p90, members leaving |
| 2018-06 | 5 | thin capital, losing money, margin squeeze | assets shrinking |
| 2018-09 | 6 | assets shrinking |  |
| 2018-12 | 4 |  | loan book shrinking, assets shrinking |
| 2019-03 | 3 | members leaving | losing money, margin squeeze |
| 2019-06 | 3 |  |  |
| 2019-09 | 2 |  | thin capital |
| 2019-12 | 3 | loan book shrinking |  |
| 2020-03 | 2 | margin squeeze | members leaving, loan book shrinking |
| 2020-06 | 6 | net worth falling, losing money, delinquency rising, loan book shrinking |  |
| 2020-09 | 5 |  | delinquency rising |
| 2020-12 | 6 | members leaving |  |
| 2021-03 | 4 |  | margin squeeze, members leaving |
| 2021-06 | 4 |  |  |
| 2021-09 | 4 |  |  |
| 2021-12 | 7 | thin capital, delinquency rising, assets shrinking |  |
| 2022-03 | 5 | members leaving | delinquency 2x band, loan book shrinking, delinquency rising |
| 2022-06 | 1 |  | net worth falling, losing money, thin capital, assets shrinking |
| 2022-09 | 1 |  |  |
| 2022-12 | 3 | net worth falling, assets shrinking |  |
| 2023-03 | 5 | thin capital, losing money, loan book shrinking | members leaving |
| 2023-06 | 2 | members leaving | net worth falling, assets shrinking, thin capital, losing money |
| 2023-09 | 1 |  | loan book shrinking |
| 2023-12 | 3 | thin capital, losing money, loan book shrinking | members leaving |
| 2024-03 | 1 |  | thin capital, losing money |
| 2024-06 | 4 | thin capital, delinquency 2x band, delinquency rising |  |
| 2024-09 | 5 | losing money |  |
| 2024-12 | 5 | members leaving | loan book shrinking |
| 2025-03 | 6 | expense trap, assets shrinking | thin capital |
| 2025-06 | 4 | loan book shrinking | delinquency 2x band, delinquency rising, losing money |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-12-05 [Pastor Thomas Beavers Shares Message of Purpose - Audacy](https://news.google.com/rss/articles/CBMijwFBVV95cUxOV0ViQ3hoYmkyaEREZVRoYXNIUmlzQ3ZDU3RTaUpQVnFVZl9TT0JRcWtTOGp2STJBYUtOMk5DcVBZcEJ4WmNCOVBQUS1sdi1MOTlhWEh5ZVJpYjlkbjRtMG56ZGY1STBjVGdEb1RzeDhqbm5Rb3lfNjd4RHVkN0N6Y0lQZUQyM1hrMDRHM08yOA?oc=5) · Audacy

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24030 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/30.json (key "24030", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=24030
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide