NEW LIFE
Federal • Philadelphia, Pennsylvania • Est. 2003
Quick Facts
- Charter Number
- #24853
- Type
- Federal
- Established
- 2003
- Headquarters
- Philadelphia, Pennsylvania 19151-3208
- Address
- 1152 N 63rd St
- Branches
- 2
- Members
- 551
- Membership Type
- Other/Unknown
CUScore Financial Grade
Based on Q1 2026 NCUA Call Report data
This institution does not meet CUScore's minimum D-tier combination of net worth and delinquency metrics. This simplified grade is informational, is not an official NCUA rating, and does not determine regulatory or deposit-insurance status.
Financial Overview
Total Assets
Members
551 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | NEW LIFE |
|---|---|
| Total Assets | $798K |
| Members | 551 |
| Loans Outstanding | $102K |
| Shares & Deposits | $601K |
| Net Worth | $197K |
| Net Worth Ratio | 24.67% |
| Loan-to-Share Ratio | 17.0% |
| Delinquency Rate | 27.64% |
| Net Income | $-2,211 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
Branch Locations
2 locations
New Life Credit Union - Main
Main Office1152 N 63rd St
Philadelphia, PA 19151-3208
New Life Credit Union - Branch
3955 Conshohocken Ave
Philadelphia, PA 19131
Who Can Join NEW LIFE?
Membership Type: Other/Unknown
Membership eligibility for NEW LIFE may vary. Contact the credit union directly to confirm qualification requirements.
Contact NEW LIFE directly or visit their website for the most accurate and up-to-date membership eligibility information.
Find More Credit Unions in Pennsylvania
Review the Q1 2026 statewide dataset, aggregate ratios, and institutions ranked by reported assets.
View Pennsylvania RankingsFrequently Asked Questions
NEW LIFE is listed as federally insured in the Q1 2026 NCUA dataset. NCUA share insurance generally covers qualifying accounts up to the standard maximum amount, with coverage depending on account ownership categories. Verify current status and coverage for your accounts with the NCUA or the institution.
As of the Q1 2026 NCUA Call Report, NEW LIFE has 551 members and a potential membership field of 92,000 people.
NEW LIFE's reported net worth ratio is 24.67% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
NEW LIFE operates 2 branch locations. The main office is located at 1152 N 63rd St, Philadelphia, PA 19151-3208.
NEW LIFE was established in 2003. It is a federal credit union chartered under charter number 24853. The institution has been serving members for 23 years.
Data sourced from the NCUA Quarterly Call Report (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or NEW LIFE. All financial data is for informational purposes only.