Star One Credit Union Financial Statements

Nationally ranked. Financially strong.

With more than $9.8 billion in assets, Star One stands 35th among 4,200+ credit unions nationwide.

as of September 30, 2026

**Loans, Receivables, Cash**
Lines of Credit	10,055,106
Visa Credit Cards	59,050,584
Share Secured	2,166,737
Student Loans	60,601,938
Solar Loans	74,241,120
Other Consumer	14,955,464
Mobile Homes	317,545
New/Used Auto	388,606,071
Real Estate 1st	5,287,568,279
Real Estate 2nd	621,769,576
Investment Properties	269,784,939
Participation Loans	311,358
Collateral in Process of Liquidation	139,954
Total Loans	6,789,568,672
Fair Value Hedge	(72,599,135)
Allowance for Loan Losses	(16,807,260)
Net Loans Outstanding	6,700,162,278
Receivables	1,578,729
Cash	358,877,083
Total Loans, Receivables, and Cash	7,060,618,090

**Investments**
US Government Guaranteed	333,519,607
Federal Agency Securities	571,342,749
CMO	154,377,196
MBS	1,114,498,859
SBA	12,453,800
Money Market Mutual Funds	0
HTM (Held to Maturity) Investments	0
Deposits in Corporate FCUs	216,771,879
Other Investments	20,077,148
Total Investments	2,423,041,238
Unrealized Gain/(Loss) A.F.S. Investment	(130,140,132)
Net Investments	2,292,901,106
Investment in NCUSIF Capital Fund	61,728,390
Total Investments	2,354,629,496

**Other Assets**
Prepaids	4,552,755
Land	4,163,384
Building (Net of Depreciation)	6,819,502
FF&E (Net of Depreciation)	2,934,103
Accrued Interest on Loans	19,428,656
Accrued Income on Investments	11,267,486
Other Accrued Income	14,282
Assets Acquired in Liquidation of Loans	74,004
Supplemental Retirement	257,300,946
Employee Benefits Pre-Funding	116,236,464
Derivative Assets	30,129,289
Other Assets	25,208,207
Total Other Assets	478,129,079

**Equity**
Regular Reserves	56,850,821
Undivided Earnings	1,328,957,730
Total Equity	1,385,808,551
Unrealized Gain/(Loss) A.F.S. Investment	(130,140,132)
OCI Derivative Market Gain/(Loss)	(285,475)
Accumulated Other Comp. Income	(4,546,343)
Net Equity	1,250,836,601

for the period ended September 30, 2026

**Interest Income**
Interest on Loans	24,457,939
Interest on Hedging	1,486,516
Interest on Loan Participations	477
Total Interest on Loans	25,944,932
Income from Investments	4,401,100
Total Interest Income	30,346,032

**Interest Expense**
Interest on Borrowed Money	21,000
Interest on Cancelable Swaps	0
Dividend Expense	22,517,627
Total Interest Expense	22,538,627
Net Interest Income	7,807,405
Provision for Loan Loss	1,031,476
Net Interest Income After Provision for Loan Losses	6,775,929

**Operating Expenses**
Salaries	3,114,014
Employee Benefits	1,213,063
Travel & Conference	150,721
Association Dues	36,901
Office Occupancy	269,870
Office Operations	1,058,587
Education & Promotion	628,592
Loan Servicing	1,006,082
Professional Outside Services	1,027,829
Operating Fee	55,426
Cash (Over)/Short	4,617
Annual Meeting	800
Misc Operating Expense	521,200
Total Operating Expense	9,087,702

**Market Value Adjustments**
(Gain)/Loss Benefits Prefunding	(1,110,441)
(Gain)/Loss Charitable Donation Account	0
(Gain)/Loss Supplemental Retirement	(5,850,673)
Total Market Value Adjustments	(6,961,114)
Net Operating Expense	2,126,589

**Other Operating Income**
Fees & Charges	134,695
Gain (Loss) on Sale of R/E Loans	0
Miscellaneous Operating Income	961,467
Service Income on Loans	1,941
Total Other Operating Income	1,098,102

**Non-Operating Income**
Gain/(Loss) on Investments	0
Gain/(Loss) on Disposition of Assets	0
Other Non-Operating Income/(Expense)	4,050
Total Non-Operating Income	4,050
Net Income Before Required Reserve	5,751,492
Provision for Loan Losses Adjustment	1,031,476
Available for Reserve	6,782,968
Net Income before Required Reserve with Market Adj	(1,209,621)