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 August 31, 2026

**Loans, Receivables, Cash**
Lines of Credit	10,193,124.63
Visa Credit Cards	58,603,714.30
Share Secured	2,299,577.84
Student Loans	59,774,480.37
Solar Loans	74,624,163.10
Other Consumer	15,207,281.24
Mobile Homes	325,630.77
New/Used Auto	378,848,390.17
Real Estate 1st	5,305,985,145.30
Real Estate 2nd	615,817,924.15
Investment Properties	273,152,215.73
Participation Loans	312,137.09
Collateral in Process of Liquidation	299,103.13
Total Loans	6,795,442,887.82
Fair Value Hedge	(58,171,764.89)
Allowance for Loan Losses	(15,911,702.49)
Net Loans Outstanding	6,721,359,420.44
Receivables	2,849,524.27
Cash	290,239,258.24
Total Loans, Receivables, and Cash	7,014,448,202.95

**Investments**
US Government Guaranteed	323,636,076.39
Federal Agency Securities	546,983,259.07
CMO	147,044,676.44
MBS	1,121,594,174.01
SBA	12,528,949.01
Money Market Mutual Funds	0
HTM (Held to Maturity) Investments	0
Deposits in Corporate FCUs	216,075,237.16
Other Investments	21,987,204.08
Total Investments	2,389,849,576.16
Unrealized Gain/(Loss) A.F.S. Investment	(105,664,373.92)
Net Investments	2,284,185,202.24
Investment in NCUSIF Capital Fund	61,728,389.74
Total Investments	2,345,913,591.98

**Other Assets**
Prepaids	4,254,882.08
Land	4,163,384.00
Building (Net of Depreciation)	6,853,633.22
FF&E (Net of Depreciation)	2,918,481.33
Accrued Interest on Loans	19,800,673.96
Accrued Income on Investments	11,632,473.61
Other Accrued Income	348,592.06
Assets Acquired in Liquidation of Loans	74,004.00
Supplemental Retirement	250,523,987.70
Employee Benefits Pre-Funding	115,126,023.56
Derivative Assets	24,051,622.61
Other Assets	25,321,882.07
Total Other Assets	465,069,640.20

**Equity**
Regular Reserves	56,850,820.64
Undivided Earnings	1,323,206,237.92
Total Equity	1,380,057,058.56
Unrealized Gain/(Loss) A.F.S. Investment	(105,664,373.92)
OCI Derivative Market Gain/(Loss)	(281,052.25)
Accumulated Other Comp. Income	(4,546,343.00)
Net Equity	1,269,565,289.39

for the period ended August 31, 2026

**Interest Income**
Interest on Loans	25,048,156.15
Interest on Hedging	1,425,228.97
Interest on Loan Participations	1,885.83
Total Interest on Loans	26,475,270.95
Income from Investments	5,828,433.54
Total Interest Income	32,303,704.49

**Interest Expense**
Interest on Borrowed Money	21,700.00
Interest on Cancelable Swaps	0
Dividend Expense	23,075,306.44
Total Interest Expense	23,097,006.44
Net Interest Income	9,206,698.05
Provision for Loan Loss	757,290.06
Net Interest Income After Provision for Loan Losses	8,449,407.99

**Operating Expenses**
Salaries	3,049,318.82
Employee Benefits	1,206,952.10
Travel & Conference	98,685.65
Association Dues	36,145.24
Office Occupancy	274,083.73
Office Operations	968,708.85
Education & Promotion	93,112.18
Loan Servicing	1,007,761.55
Professional Outside Services	878,131.16
Operating Fee	55,425.67
Cash (Over)/Short	(3,264.75)
Annual Meeting	800.00
Misc Operating Expense	415,124.38
Total Operating Expense	8,080,984.58

**Market Value Adjustments**
(Gain)/Loss Benefits Prefunding	(1,110,440.60)
(Gain)/Loss Charitable Donation Account	0
(Gain)/Loss Supplemental Retirement	(5,540,021.59)
Total Market Value Adjustments	(6,650,462.19)
Net Operating Expense	1,430,522.39

**Other Operating Income**
Fees & Charges	122,073.68
Gain (Loss) on Sale of R/E Loans	0
Miscellaneous Operating Income	911,443.61
Service Income on Loans	1,921.84
Total Other Operating Income	1,035,439.13

**Non-Operating Income**
Gain/(Loss) on Investments	0
Gain/(Loss) on Disposition of Assets	0
Other Non-Operating Income/(Expense)	(268.56)
Total Non-Operating Income	(268.56)
Net Income Before Required Reserve	8,054,056.17
Provision for Loan Losses Adjustment	757,290.06
Available for Reserve	8,811,346.23
Net Income before Required Reserve with Market Adj	1,403,593.98