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STAR CITY FEDERAL CREDIT UNION

Sep, 30, 2025 — STAR CITY FEDERAL CREDIT UNION is a federal credit union headquartered in Roanoke, VA with 1 branch location and about $2.66 million in total assets. Opened 50 years ago in 1976, STAR CITY FEDERAL CREDIT UNION has about 550 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:STAR CITY FEDERAL CREDIT UNION
Address:
(Main Office)
7635 Plantation Rd
Roanoke, VA 24019
Phone:(540) 362-7315
Fax:(540) 366-7278
Website:n/a
Branches:1 branch locations
Members:550
Credit Union Type:Federal Credit Union
Charter Number:22560
Membership Type:Multiple common bond - Primarily other manufacturing
Corporate Credit Union:No
Year Opened:1976
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$2,662,832
CEO/Manager:Gary Mundy
Chairperson:Michael Browning

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 634,110
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 630,404
 Other Loans 1,393,850
 TOTAL LOANS 2,024,254
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -35,147
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 24,287
 All Other Assets 0
  TOTAL ASSETS 2,662,832
LIABILITIES & CAPITAL:  
 Dividends Payable 5,435
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,431,354
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,431,354
  TOTAL LIABILITIES 2,436,789
 Regular Reserve 0
 Other Reserves 93,925
 Undivided Earnings 132,118
  TOTAL EQUITY 226,043
  TOTAL LIABILITIES, SHARES, & EQUITY 2,662,832
INCOME & EXPENSE  
 Loan Income 116,402
 Investment Income 3,830
 Other Income 1,968
 Total Employee Compensation & Benefits 66,248
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 40,847
 Non-operating Income & (Expense) 6,556
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,806
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 19,855
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