Mar, 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 $53.69 million in total assets. Opened 69 years ago in 1952, STAR OF TEXAS CREDIT UNION has about 2,746 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 |
|---|---|
| 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: | 2,746 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67512 |
|---|---|
| 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: | $53,693,519 |
| CEO/Manager: | Stephanie M Sievers |
| Chairperson: | Yurauri A Galarraga |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,717,567 |
| TOTAL INVESTMENTS | 2,612,957 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 28,237,500 |
| Unsecured Loans | 760,747 |
| Other Loans | 10,176,163 |
| TOTAL LOANS | 39,174,410 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -122,400 |
| Land And Building | 531,070 |
| Other Fixed Assets | 51,433 |
| NCUSIF Deposit | 280,314 |
| All Other Assets | 448,168 |
| TOTAL ASSETS | 53,693,519 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 201,118 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 10,683,843 |
| Regular shares | 15,368,829 |
| All Other Shares & Deposits | 21,702,317 |
| TOTAL SHARES & DEPOSITS | 47,754,989 |
| TOTAL LIABILITIES | 47,956,107 |
| Regular Reserve | 722,993 |
| Other Reserves | 496,596 |
| Undivided Earnings | 4,517,823 |
| TOTAL EQUITY | 5,737,412 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 53,693,519 |
| INCOME & EXPENSE | |
| Loan Income | 597,897 |
| Investment Income | 5,860 |
| Other Income | 110,861 |
| Total Employee Compensation & Benefits | 204,454 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 185,196 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 47,197 |
| Cost of Funds | 75,947 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 276,903 |
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