Sep, 30, 2025 — FIVE STAR CREDIT UNION is a federally insured state chartered credit union headquartered in DOTHAN, AL with 21 branch locations and about $1.22 billion in total assets. Opened 62 years ago in 1964, FIVE STAR CREDIT UNION has about 66,407 members and employs 233 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FIVE STAR CREDIT UNION |
|---|---|
| Address: (Main Office) | 5105 Montgomery Hwy DOTHAN, AL 36303 |
| Phone: | (334) 793-7714 |
| Fax: | (334) 686-1753 |
| Website: | https://www.fivestarcu.com |
| Branches: | 21 branch locations |
| Members: | 66,407 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68302 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1964 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,224,840,309 |
| CEO/Manager: | Robert A Steensma |
| Chairperson: | Cory H Driggers |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 173,322,453 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 495,585,727 |
| Unsecured Loans | 53,047,833 |
| Other Loans | 244,759,269 |
| TOTAL LOANS | 793,392,829 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,348,179 |
| Land And Building | 38,612,444 |
| Other Fixed Assets | 5,861,967 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 9,299,766 |
| All Other Assets | 161,656 |
| TOTAL ASSETS | 1,224,840,309 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 374,899 |
| Accounts Payable & Other Liabilities | 16,275,206 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 50,000,000 |
| Share Drafts | 214,564,698 |
| Regular shares | 175,758,646 |
| All Other Shares & Deposits | 671,019,713 |
| TOTAL SHARES & DEPOSITS | 1,061,343,056 |
| TOTAL LIABILITIES | 1,127,993,161 |
| Regular Reserve | 0 |
| Other Reserves | -15,691,523 |
| Undivided Earnings | 112,538,671 |
| TOTAL EQUITY | 96,847,148 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,224,840,309 |
| INCOME & EXPENSE | |
| Loan Income | 40,073,830 |
| Investment Income | 9,228,053 |
| Other Income | 12,955,869 |
| Total Employee Compensation & Benefits | 18,538,744 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 14,982,031 |
| Non-operating Income & (Expense) | -2,462,649 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,135,875 |
| Cost of Funds | 20,296,001 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 8,366,862 |
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