Dec, 31, 2023 — COMMUNITY STAR CREDIT UNION is a non-federally insured state credit union headquartered in ELYRIA, OH with 1 branch location and about $95.66 million in total assets. Opened 86 years ago in 1938, COMMUNITY STAR CREDIT UNION has about 8,158 members and employs 28 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COMMUNITY STAR CREDIT UNION |
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Address: (Main Office) | 832 Cleveland St ELYRIA, OH 44035-4141 |
Phone: | (440) 365-7342 |
Fax: | (440) 366-2928 |
Website: | https://www.commstar.org |
Branches: | 1 branch locations |
Members: | 8,158 |
Credit Union Type: | Non-Federally Insured State Credit Union |
Charter Number: | 95008 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $95,661,283 |
CEO/Manager: | David A Jezewski |
Chairperson: | Robert P Sutter |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,468,779 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 33,757,569 |
Unsecured Loans | 3,838,587 |
Other Loans | 24,689,024 |
TOTAL LOANS | 62,285,180 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -787,000 |
Land And Building | 1,728,203 |
Other Fixed Assets | 587,318 |
NCUSIF Deposit | 0 |
All Other Assets | 0 |
TOTAL ASSETS | 95,661,283 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 3,000,000 |
Accounts Payable & Other Liabilities | 926,213 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 17,769,915 |
Regular shares | 37,416,391 |
All Other Shares & Deposits | 28,450,150 |
TOTAL SHARES & DEPOSITS | 83,636,456 |
TOTAL LIABILITIES | 87,562,669 |
Regular Reserve | 0 |
Other Reserves | 3,634,462 |
Undivided Earnings | 4,464,152 |
TOTAL EQUITY | 8,098,614 |
TOTAL LIABILITIES, SHARES, & EQUITY | 95,661,283 |
INCOME & EXPENSE | |
Loan Income | 3,210,871 |
Investment Income | 519,542 |
Other Income | 893,587 |
Total Employee Compensation & Benefits | 1,773,465 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,938,628 |
Non-operating Income & (Expense) | 6,466 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 203,106 |
Cost of Funds | 1,010,953 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 459,478 |
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