Dec, 31, 2023 — STAR TECH FEDERAL CREDIT UNION is a federal credit union headquartered in GREENWOOD VILLAGE, CO with 1 branch location and about $10.58 million in total assets. Opened 85 years ago in 1939, STAR TECH FEDERAL CREDIT UNION has about 1,539 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | STAR TECH FEDERAL CREDIT UNION |
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Address: (Main Office) | 5310 Dtc Pkwy Ste H GREENWOOD VILLAGE, CO 80111-3010 |
Phone: | (720) 493-1270 |
Fax: | (720) 493-1604 |
Website: | https://www.star-techfcu.com |
Branches: | 1 branch locations |
Members: | 1,539 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3182 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1939 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,581,717 |
CEO/Manager: | MYSTIC M MIHALICK |
Chairperson: | CINDA KITE |
ASSETS: | $ Amount |
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Cash & Equivalents | 493,729 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 703,129 |
Unsecured Loans | 322,555 |
Other Loans | 4,630,493 |
TOTAL LOANS | 5,656,177 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -29,510 |
Land And Building | 0 |
Other Fixed Assets | 17,489 |
NCUSIF Deposit | 87,881 |
All Other Assets | 0 |
TOTAL ASSETS | 10,581,717 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 10,292 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,361,268 |
Regular shares | 2,495,336 |
All Other Shares & Deposits | 4,609,305 |
TOTAL SHARES & DEPOSITS | 8,465,909 |
TOTAL LIABILITIES | 8,476,201 |
Regular Reserve | 0 |
Other Reserves | 247,930 |
Undivided Earnings | 1,857,586 |
TOTAL EQUITY | 2,105,516 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,581,717 |
INCOME & EXPENSE | |
Loan Income | 368,923 |
Investment Income | 194,540 |
Other Income | 16,415 |
Total Employee Compensation & Benefits | 160,857 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 162,194 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 21,000 |
Cost of Funds | 83,572 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 154,178 |
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