Dec, 31, 2021 — STAR OF TEXAS CREDIT UNION is a federally insured state chartered credit union headquartered in AUSTIN, TX with 1 branch location and about $60.71 million in total assets. Opened 70 years ago in 1952, STAR OF TEXAS CREDIT UNION has about 2,607 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | STAR OF TEXAS CREDIT UNION |
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Address: (Main Office) | 114 E huntland dr AUSTIN, TX 78752 |
Phone: | (512) 458-8253 |
Fax: | (512) 458-8716 |
Website: | http://www.staroftexascu.org |
Branches: | 1 branch locations |
Members: | 2,607 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67512 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Dec 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $60,713,701 |
CEO/Manager: | David C Van Buskirk |
Chairperson: | Yurauri A Galarraga |
ASSETS: | $ Amount |
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Cash & Equivalents | 5,916,661 |
TOTAL INVESTMENTS | 15,035,624 |
Loans Held for Sale | 0 |
Real Estate Loans | 28,522,392 |
Unsecured Loans | 861,987 |
Other Loans | 9,150,492 |
TOTAL LOANS | 38,534,871 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -136,331 |
Land And Building | 534,582 |
Other Fixed Assets | 91,019 |
NCUSIF Deposit | 416,041 |
All Other Assets | 321,234 |
TOTAL ASSETS | 60,713,701 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,789,698 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 11,040,713 |
Regular shares | 18,028,515 |
All Other Shares & Deposits | 22,612,600 |
TOTAL SHARES & DEPOSITS | 51,681,828 |
TOTAL LIABILITIES | 54,471,526 |
Regular Reserve | 722,993 |
Other Reserves | 496,596 |
Undivided Earnings | 5,022,586 |
TOTAL EQUITY | 6,242,175 |
TOTAL LIABILITIES, SHARES, & EQUITY | 60,713,701 |
INCOME & EXPENSE | |
Loan Income | 2,316,574 |
Investment Income | 24,131 |
Other Income | 367,946 |
Total Employee Compensation & Benefits | 794,540 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 908,084 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 118,527 |
Cost of Funds | 294,059 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 781,666 |
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