Star One Credit Union Financial Statements

Nationally ranked. Financially strong.

With more than $9.6 billion in assets, Star One stands 35th among 4,200+ credit unions nationwide.

as of June 30, 2026

**Loans, Receivables, Cash**
Lines of Credit	10,076,903
Visa Credit Cards	58,060,022
Share Secured	2,304,730
Student Loans	60,688,211
Solar Loans	76,783,868
Other Consumer	15,067,182
Mobile Homes	343,003
New/Used Auto	366,889,622
Real Estate 1st	5,306,075,102
Real Estate 2nd	609,208,340
Investment Properties	273,761,559
Participation Loans	313,682
Collateral in Process of Liquidation	101,529
Total Loans	6,779,673,753
Fair Value Hedge	(53,575,997)
Allowance for Loan Losses	(15,354,679)
Net Loans Outstanding	6,710,743,078
Receivables	1,806,096
Cash	222,735,034
Total Loans, Receivables, and Cash	6,935,284,208

**Investments**
US Government Guaranteed	234,915,544
Federal Agency Securities	507,202,940
CMO	132,499,526
MBS	1,172,515,760
SBA	13,292,798
Money Market Mutual Funds	0
HTM (Held to Maturity) Investments	0
Deposits in Corporate FCUs	266,167,700
Other Investments	21,987,204
Total Investments	2,348,581,471
Unrealized Gain/(Loss) A.F.S. Investment	(101,067,891)
Net Investments	2,247,513,580
Investment in NCUSIF Capital Fund	61,728,390
Total Investments	2,309,241,970

**Other Assets**
Prepaids	4,218,949
Land	4,163,384
Building (Net of Depreciation)	6,910,306
FF&E (Net of Depreciation)	2,980,684
Accrued Interest on Loans	18,917,778
Accrued Income on Investments	10,684,972
Other Accrued Income	14,878
Assets Acquired in Liquidation of Loans	920,000
Supplemental Retirement	237,003,627
Employee Benefits Pre-Funding	112,905,142
Derivative Assets	28,376,423
Other Assets	25,267,225
Total Other Assets	452,363,368

**Equity**
Regular Reserves	56,850,821
Undivided Earnings	1,305,945,060
Total Equity	1,362,795,880
Unrealized Gain/(Loss) A.F.S. Investment	(101,067,891)
OCI Derivative Market Gain/(Loss)	(272,208)
Accumulated Other Comp. Income	(4,546,343)
Net Equity	1,256,909,439

for the period ended June 30, 2026

**Interest Income**
Interest on Loans	24,193,700
Interest on Hedging	1,482,839
Interest on Loan Participations	1,895
Total Interest on Loans	25,678,434
Income from Investments	5,308,366
Total Interest Income	30,986,800

**Interest Expense**
Interest on Borrowed Money	21,000
Interest on Cancelable Swaps	0
Dividend Expense	22,302,458
Total Interest Expense	22,323,458
Net Interest Income	8,663,342
Provision for Loan Loss	333,721
Net Interest Income After Provision for Loan Losses	8,329,621

**Operating Expenses**
Salaries	3,128,829
Employee Benefits	1,298,723
Travel & Conference	98,288
Association Dues	39,302
Office Occupancy	286,724
Office Operations	1,058,750
Education & Promotion	575,483
Loan Servicing	1,007,435
Professional Outside Services	735,505
Operating Fee	53,371
Cash (Over)/Short	(2,337)
Annual Meeting	800
Misc Operating Expense	431,262
Total Operating Expense	8,712,135

**Market Value Adjustments**
(Gain)/Loss Benefits Prefunding	47,244
(Gain)/Loss Charitable Donation Account	0
(Gain)/Loss Supplemental Retirement	1,700,569
Total Market Value Adjustments	1,747,813
Net Operating Expense	10,459,948

**Other Operating Income**
Fees & Charges	131,236
Gain (Loss) on Sale of R/E Loans	0
Miscellaneous Operating Income	983,151
Service Income on Loans	2,236
Total Other Operating Income	1,116,623

**Non-Operating Income**
Gain/(Loss) on Investments	0
Gain/(Loss) on Disposition of Assets	0
Other Non-Operating Income/(Expense)	(321)
Total Non-Operating Income	(321)
Net Income Before Required Reserve	(1,014,026)
Provision for Loan Losses Adjustment	333,721
Available for Reserve	(680,304)
Net Income before Required Reserve with Market Adj	733,788