Star One Credit Union Financial Statements

Nationally ranked. Financially strong.

With more than $9.5 billion in assets, Star One stands 33rd among 4,400+ credit unions nationwide.

as of April 30, 2026

**Loans, Receivables, Cash**
Lines of Credit	9,944,263
Visa Credit Cards	57,584,697
Share Secured	2,442,124
Student Loans	61,470,141
Solar Loans	78,634,248
Other Consumer	15,470,301
Mobile Homes	359,137
New/Used Auto	362,122,062
Real Estate 1st	5,232,009,163
Real Estate 2nd	605,257,972
Investment Properties	274,102,522
Participation Loans	315,209
Collateral in Process of Liquidation	85,544
Total Loans	6,699,797,384
Fair Value Hedge	(47,820,407)
Allowance for Loan Losses	(14,387,708)
Net Loans Outstanding	6,637,589,269
Receivables	3,294,884
Cash	219,880,528
Total Loans, Receivables, and Cash	6,860,764,682

**Investments**
US Government Guaranteed	170,572,217
Federal Agency Securities	445,916,177
CMO	107,165,613
MBS	1,232,797,485
SBA	13,675,187
Money Market Mutual Funds	0
HTM (Held to Maturity) Investments	0
Deposits in Corporate FCUs	276,708,499
Other Investments	21,987,204
Total Investments	2,268,822,382
Unrealized Gain/(Loss) A.F.S. Investment	(96,665,557)
Net Investments	2,172,156,825
Investment in NCUSIF Capital Fund	61,728,390
Total Investments	2,233,885,215

**Other Assets**
Prepaids	4,676,846
Land	4,163,384
Building (Net of Depreciation)	6,959,533
FF&E (Net of Depreciation)	2,997,047
Accrued Interest on Loans	18,451,047
Accrued Income on Investments	9,195,938
Other Accrued Income	15,168
Assets Acquired in Liquidation of Loans	920,000
Supplemental Retirement	239,062,339
Employee Benefits Pre-Funding	112,999,631
Derivative Assets	24,753,299
Other Assets	25,507,614
Total Other Assets	449,701,845

**Equity**
Regular Reserves	56,850,821
Undivided Earnings	1,307,345,166
Total Equity	1,364,195,987
Unrealized Gain/(Loss) A.F.S. Investment	(96,665,557)
OCI Derivative Market Gain/(Loss)	(263,363)
Accumulated Other Comp. Income	(4,546,343)
Net Equity	1,262,720,724

for the period ended April 30, 2026

**Interest Income**
Interest on Loans	23,616,680
Interest on Hedging	1,404,412
Interest on Loan Participations	1,904
Total Interest on Loans	25,022,996
Income from Investments	5,375,438
Total Interest Income	30,398,435

**Interest Expense**
Interest on Borrowed Money	21,000
Interest on Cancelable Swaps	0
Dividend Expense	21,950,607
Total Interest Expense	21,971,607
Net Interest Income	8,426,828
Provision for Loan Loss	588,984
Net Interest Income After Provision for Loan Losses	7,837,844

**Operating Expenses**
Salaries	3,124,116
Employee Benefits	1,044,526
Travel & Conference	89,422
Association Dues	38,210
Office Occupancy	307,512
Office Operations	861,599
Education & Promotion	425,129
Loan Servicing	900,686
Professional Outside Services	710,703
Operating Fee	53,371
Cash (Over)/Short	1,329
Annual Meeting	800
Misc Operating Expense	412,108
Total Operating Expense	7,969,512

**Market Value Adjustments**
(Gain)/Loss Benefits Prefunding	47,244
(Gain)/Loss Charitable Donation Account	(1,140,514)
(Gain)/Loss Supplemental Retirement	1,581,826
Total Market Value Adjustments	488,557
Net Operating Expense	8,458,068

**Other Operating Income**
Fees & Charges	151,244
Gain (Loss) on Sale of R/E Loans	0
Miscellaneous Operating Income	886,754
Service Income on Loans	2,246
Total Other Operating Income	1,040,244

**Non-Operating Income**
Gain/(Loss) on Investments	0
Gain/(Loss) on Disposition of Assets	0
Other Non-Operating Income/(Expense)	(795)
Total Non-Operating Income	(795)
Net Income Before Required Reserve	419,225
Provision for Loan Losses Adjustment	588,984
Available for Reserve	1,008,209
Net Income before Required Reserve with Market Adj	907,782