Star One Credit Union Financial Statements

Nationally ranked. Financially strong.

With more than $9.7 billion in assets, Star One stands 35th among 4,200+ credit unions nationwide.

as of July 31, 2026

**Loans, Receivables, Cash**
Lines of Credit	10,105,792
Visa Credit Cards	57,893,707
Share Secured	2,274,779
Student Loans	59,997,543
Solar Loans	75,850,676
Other Consumer	15,088,301
Mobile Homes	334,614
New/Used Auto	373,013,416
Real Estate 1st	5,312,422,024
Real Estate 2nd	610,782,310
Investment Properties	273,856,114
Participation Loans	312,912
Collateral in Process of Liquidation	74,785
Total Loans	6,792,006,974
Fair Value Hedge	(57,870,527)
Allowance for Loan Losses	(15,240,158)
Net Loans Outstanding	6,718,896,288
Receivables	2,979,938
Cash	229,899,373
Total Loans, Receivables, and Cash	6,951,775,600

**Investments**
US Government Guaranteed	323,584,889
Federal Agency Securities	507,117,336
CMO	139,574,373
MBS	1,146,979,005
SBA	13,113,258
Money Market Mutual Funds	0
HTM (Held to Maturity) Investments	0
Deposits in Corporate FCUs	241,553,963
Other Investments	21,987,204
Total Investments	2,393,910,029
Unrealized Gain/(Loss) A.F.S. Investment	(106,314,025)
Net Investments	2,287,596,004
Investment in NCUSIF Capital Fund	61,728,390
Total Investments	2,349,324,393

**Other Assets**
Prepaids	4,297,636
Land	4,163,384
Building (Net of Depreciation)	6,889,338
FF&E (Net of Depreciation)	2,975,962
Accrued Interest on Loans	19,362,574
Accrued Income on Investments	11,606,434
Other Accrued Income	181,998
Assets Acquired in Liquidation of Loans	74,004
Supplemental Retirement	244,057,681
Employee Benefits Pre-Funding	114,015,583
Derivative Assets	26,362,812
Other Assets	25,380,839
Total Other Assets	459,368,244

**Equity**
Regular Reserves	56,850,821
Undivided Earnings	1,315,152,182
Total Equity	1,372,003,002
Unrealized Gain/(Loss) A.F.S. Investment	(106,314,025)
OCI Derivative Market Gain/(Loss)	(276,630)
Accumulated Other Comp. Income	(4,546,343)
Net Equity	1,260,866,004

for the period ended July 31, 2026

**Interest Income**
Interest on Loans	25,481,695
Interest on Hedging	1,424,493
Interest on Loan Participations	1,891
Total Interest on Loans	26,908,078
Income from Investments	5,844,207
Total Interest Income	32,752,285

**Interest Expense**
Interest on Borrowed Money	21,700
Interest on Cancelable Swaps	0
Dividend Expense	22,950,506
Total Interest Expense	22,972,206
Net Interest Income	9,780,080
Provision for Loan Loss	(227,396)
Net Interest Income After Provision for Loan Losses	10,007,475

**Operating Expenses**
Salaries	3,221,896
Employee Benefits	1,381,485
Travel & Conference	136,588
Association Dues	35,556
Office Occupancy	376,263
Office Operations	892,702
Education & Promotion	475,734
Loan Servicing	1,012,560
Professional Outside Services	537,783
Operating Fee	55,426
Cash (Over)/Short	1,436
Annual Meeting	800
Misc Operating Expense	398,307
Total Operating Expense	8,526,536

**Market Value Adjustments**
(Gain)/Loss Benefits Prefunding	(1,110,441)
(Gain)/Loss Charitable Donation Account	(152,956)
(Gain)/Loss Supplemental Retirement	(5,574,182)
Total Market Value Adjustments	(6,837,579)
Net Operating Expense	1,688,957

**Other Operating Income**
Fees & Charges	136,900
Gain (Loss) on Sale of R/E Loans	0
Miscellaneous Operating Income	920,304
Service Income on Loans	2,073
Total Other Operating Income	1,059,278

**Non-Operating Income**
Gain/(Loss) on Investments	0
Gain/(Loss) on Disposition of Assets	(143,001)
Other Non-Operating Income/(Expense)	(27,673)
Total Non-Operating Income	(170,674)
Net Income Before Required Reserve	9,207,122
Provision for Loan Losses Adjustment	(227,396)
Available for Reserve	8,979,726
Net Income before Required Reserve with Market Adj	2,369,543