Sep, 30, 2021 — STAR OF TEXAS CREDIT UNION is a federally insured state chartered credit union headquartered in austin, TX with 1 branch location and about $59.31 million in total assets. Opened 69 years ago in 1952, STAR OF TEXAS CREDIT UNION has about 2,602 members and employs 12 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: | 2,602 |
| 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: | $59,314,643 |
| CEO/Manager: | David C Van Buskirk |
| Chairperson: | Yurauri A Galarraga |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,693,231 |
| TOTAL INVESTMENTS | 10,811,728 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 27,627,886 |
| Unsecured Loans | 864,968 |
| Other Loans | 9,033,476 |
| TOTAL LOANS | 37,526,330 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -122,917 |
| Land And Building | 541,322 |
| Other Fixed Assets | 79,436 |
| NCUSIF Deposit | 366,463 |
| All Other Assets | 419,050 |
| TOTAL ASSETS | 59,314,643 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,609,799 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 11,699,722 |
| Regular shares | 16,952,936 |
| All Other Shares & Deposits | 21,987,732 |
| TOTAL SHARES & DEPOSITS | 50,640,390 |
| TOTAL LIABILITIES | 53,250,189 |
| Regular Reserve | 722,993 |
| Other Reserves | 496,596 |
| Undivided Earnings | 4,844,865 |
| TOTAL EQUITY | 6,064,454 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 59,314,643 |
| INCOME & EXPENSE | |
| Loan Income | 1,752,957 |
| Investment Income | 15,494 |
| Other Income | 273,737 |
| Total Employee Compensation & Benefits | 611,807 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 705,155 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 77,988 |
| Cost of Funds | 223,344 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 605,975 |
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