Dec, 31, 2023 — STAR CITY FEDERAL CREDIT UNION is a federal credit union headquartered in ROANOKE, VA with 1 branch location and about $2.09 million in total assets. Opened 48 years ago in 1976, STAR CITY FEDERAL CREDIT UNION has about 541 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | STAR CITY FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 7635 Plantation Rd ROANOKE, VA 24019 |
Phone: | (540) 362-7315 |
Fax: | (540) 366-7278 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 541 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 22560 |
---|---|
Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1976 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,090,553 |
CEO/Manager: | Debra Sumner |
Chairperson: | Michael Browning |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 351,689 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 561,592 |
Other Loans | 1,163,851 |
TOTAL LOANS | 1,725,443 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -85,906 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 23,873 |
All Other Assets | 0 |
TOTAL ASSETS | 2,090,553 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 299 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 3,223 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,834,398 |
All Other Shares & Deposits | 64,531 |
TOTAL SHARES & DEPOSITS | 1,898,929 |
TOTAL LIABILITIES | 1,902,451 |
Regular Reserve | 0 |
Other Reserves | 93,925 |
Undivided Earnings | 94,177 |
TOTAL EQUITY | 188,102 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,090,553 |
INCOME & EXPENSE | |
Loan Income | 159,118 |
Investment Income | 5,070 |
Other Income | 3,609 |
Total Employee Compensation & Benefits | 103,289 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 49,333 |
Non-operating Income & (Expense) | 763 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 50,000 |
Cost of Funds | 12,634 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -46,696 |
↑ Back to Top |