FREESTAR FINANCIAL Credit Union Profile

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FREESTAR FINANCIAL

Charter #60406 | NCUA Region 1 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (586) 466-7800

Fax: (586) 468-6881

Founding Date: N/A

Website: http://www.freestarfinancial.com

Personnel & Operations

President: White Jr., Raymond

Manager: Isaac, Drema

FT Employees: 70

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 8

Hours: M-Th 9am - 5pm F 9am - 6pm S 9am - 1pm

Credit Union Profile Summary

FREESTAR FINANCIAL is a FISCU Credit Union. With a total of 21,909 members [1], this institution manages approximately $337,433,004 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 9.68% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -0.79% [1].

Financial Snapshot

Total Assets [1]
$337,433,004

Total economic resources.

Total Loans [1]
$211,234,273

Total value of outstanding loans.

Total Deposits [1]
$297,796,203

Total funds deposited by members.

Members [1]
21,909

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.68%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.39%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
70.93%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 5.79%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -0.79%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 2.38%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

37570 S Gratiot Ave

Clinton Townshi, MI, 48036
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 7 branches reported by FREESTAR FINANCIAL (Charter #60406).

Main Office

Clinton Township Main Office

Type: Corporate Office

37570 S Gratiot Ave

Clinton Township, MI 48036

Phone: (586) 466-7800

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Casco

Richmond

Type: Branch Office

10636 Gratiot Ave

Casco, MI 48064

Phone: (586) 727-6855

Services: Member Services, ATM, Drive-Thru

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Chesterfield

Chesterfield

Type: Branch Office

47011 Sugarbush Rd

Chesterfield, MI 48047

Phone: (586) 466-7800

Services: Member Services, ATM, Drive-Thru

Open in Directions

Saint Clair Shores

Saint Clair Shores

Type: Branch Office

22500 E 9 Mile Rd

Saint Clair Shores, MI 48080

Phone: (586) 466-7800

Services: Member Services, ATM, Drive-Thru

Open in Directions

Selfridge Angb

Selfridge

Type: Branch Office

44200 N Jefferson Ave # 715

Selfridge Angb, MI 48045-5263

Phone: (586) 783-5283

Services: Member Services, ATM, Drive-Thru

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Shelby Township

Shelby Township

Type: Branch Office

56350 Van Dyke Ave

Shelby Township, MI 48316

Phone: (586) 466-7800

Services: Member Services, ATM, Drive-Thru

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Sterling Heights

Sterling

Type: Branch Office

34642 Van Dyke Ave

Sterling Heights, MI 48312

Phone: (586) 466-7800

Services: Member Services, ATM, Drive-Thru

Open in Directions