Star One Credit Union Financial Statements

Nationally ranked. Financially strong.

With more than $9.3 billion in assets, Star One stands 33rd among 4,400+ credit unions nationwide.

as of January 31, 2026

**Loans, Receivables, Cash**
Lines of Credit	9,769,042
Visa Credit Cards	56,988,933
Share Secured	2,375,802
Student Loans	59,643,267
Solar Loans	82,163,724
Other Consumer	16,492,568
Mobile Homes	385,791
New/Used Auto	361,689,545
Real Estate 1st	5,040,261,045
Real Estate 2nd	586,213,636
Investment Properties	277,013,641
Participation Loans	317,264
Collateral in Process of Liquidation	123,729
Total Loans	6,493,437,987
Fair Value Hedge	(43,533,209)
Allowance for Loan Losses	(13,944,532)
Net Loans Outstanding	6,435,960,246
Receivables	4,201,569
Cash	313,877,491
Total Loans, Receivables, and Cash	6,754,039,306

**Investments**
US Government Guaranteed	145,382,649
Federal Agency Securities	350,580,376
CMO	99,034,113
MBS	1,319,577,688
SBA	15,271,485
Money Market Mutual Funds	0
HTM (Held to Maturity) Investments	0
Deposits in Corporate FCUs	273,722,848
Other Investments	21,987,204
Total Investments	2,225,556,363
Unrealized Gain/(Loss) A.F.S. Investment	(92,274,436)
Net Investments	2,133,281,927
Investment in NCUSIF Capital Fund	59,016,894
Total Investments	2,192,298,822

**Other Assets**
Prepaids	4,820,394
Land	4,163,384
Building (Net of Depreciation)	6,932,523
FF&E (Net of Depreciation)	1,520,610
Accrued Interest on Loans	17,984,662
Accrued Income on Investments	8,182,055
Other Accrued Income	42,795
Assets Acquired in Liquidation of Loans	920,000
Supplemental Retirement	244,623,977
Employee Benefits Pre-Funding	112,055,438
Derivative Assets	23,884,904
Other Assets	4,548,388
Total Other Assets	429,679,129

**Equity**
Regular Reserves	56,850,821
Undivided Earnings	1,301,233,004
Total Equity	1,358,083,825
Unrealized Gain/(Loss) A.F.S. Investment	(92,274,436)
OCI Derivative Market Gain/(Loss)	(244,806)
Accumulated Other Comp. Income	(4,546,343)
Net Equity	1,261,018,239

For the Period Ended January 31, 2026

**Interest Income**
Interest on Loans	23,326,190
Interest on Hedging	1,459,817
Interest on Loan Participations	1,917
Total Interest on Loans	24,787,924
Income from Investments	4,945,707
Total Interest Income	29,733,631

**Interest Expense**
Interest on Borrowed Money	43,124
Interest on Cancelable Swaps	0
Dividend Expense	22,084,782
Total Interest Expense	22,127,907
Net Interest Income	7,605,724
Provision for Loan Loss	(156,083)
Net Interest Income After Provision for Loan Losses	7,761,807

**Operating Expenses**
Salaries	3,391,940
Employee Benefits	1,534,943
Travel & Conference	58,375
Association Dues	64,426
Office Occupancy	272,295
Office Operations	908,863
Education & Promotion	225,908
Loan Servicing	818,249
Professional Outside Services	1,084,532
Operating Fee	53,371
Cash (Over)/Short	2,541
Annual Meeting	800
Misc Operating Expense	600,837
Total Operating Expense	9,017,080

**Market Value Adjustments**
(Gain)/Loss Benefits Prefunding	(495,719)
(Gain)/Loss Supplemental Retirement	(760,565)
Total Market Value Adjustments	(1,256,284)
Net Operating Expense	7,760,797

**Other Operating Income**
Fees & Charges	354,885
Gain (Loss) on Sale of R/E Loans	23,637
Miscellaneous Operating Income	839,409
Service Income on Loans	1,554
Total Other Operating Income	1,219,486

**Non-Operating Income**
Gain/(Loss) on Investments	0
Gain/(Loss) on Disposition of Assets	0
Other Non-Operating Income/(Expense)	(2,148)
Total Non-Operating Income	(2,148)
Net Income Before Required Reserve	1,218,348
Provision for Loan Losses Adjustment	(156,083)
Available for Reserve	1,062,266
Net Income before Required Reserve with Market Adj	(37,936)