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316-685-9555
9555 E Corporate Hills Dr
Wichita, KS 67207

Central Star Credit Union is headquartered in Wichita and is the 16st largest credit union in the state of Kansas. It is also the 1,810st largest credit union in the nation. It was established in 1940 and as of March of 2014, it had grown to 28 employees and 9,380 members. Central Star Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to anyone who lives, works or does business in Sedgwick, Butler, Harvey, McPherson or Saline County. You can also join if you or a member of your family is a current or retired employee of Hawker Beechcraft Corporation or its subsidiaries and associations. Simply complete a Central Star membership application and deposit $25 to a Membership Savings Account. - See Details

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Health

Data for Q1 2014

Institution Health

B
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Central Star Credit Union has a relatively low asset base.

Texas Ratio

GRADE:
B+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Central Star Credit Union had $772,000 in non-current loans and owned real-estate with $6.38 million in equity and loan loss allowances on hand to cover it. This gives Central Star Credit Union a Texas Ratio of 12.10% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Central Star Credit Union experienced no significant changes from 9.61% as of March 31, 2013 to 12.10% as of March 31, 2014, resulting in a negative change of 25.87%. This indicates that the balance sheet and financial strength for Central Star Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Central Star Credit Union has increased its total deposits by $1.51 million, resulting in 2.22% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Central Star Credit Union has shown is above average.

Capitalization

GRADE:
C

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Central Star Credit Union has $76.44 million in assets with $6.38 million in equity, resulting in a capitalization level of 8.35%, which is average.

Institution Statistics

Overall
NCUA #67818
Year Chartered1940
Employees28
Primary Regulator
Assets and Liabilities
Assets$76.44 million
Loans$44.00 million
Deposits$69.51 million
Equity Capital$5.80 million
Loan Loss Allowance$585,000
Unbacked Noncurrent Loans$772,000
Real Estate Owned$0
Historic Data - March 2013
Assets$75.90 million
Equity Capital$6.95 million
Loan Loss Allowance$836,000
Unbacked Noncurrent Loans$772,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets-0.07%
Return on Equity-0.9%
Interest Income$793,000
Rates

Always verify rates and promotions with the bank or credit union. We are not Central Star Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Central Star Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.30%--Traditional IRA Savings
0.30%--Roth IRA Savings
0.30%--Coverdell Education Savings Account
0.15%$5k-Membership Savings Account
0.15%$25-Club Accounts
0.15%$25-Planet M

Central Star Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.35%$50k-Money Market

Central Star Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$2k-Five Star Checking
0.10%$2k-Performance Checking
0.10%$2k-Student Checking

Central Star Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.75%$1k-5 Year Share Certificate
1.35%$1k-4 Year Share Certificate
1.30%$1k-3 Year Share Certificate
0.70%$1k-2 Year Share Certificate
0.45%$500-Super Start 14 Month Share Certificate
0.35%$1k-1 Year Share Certificate
0.25%$1k-6 Month Share Certificate

Central Star Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.75%$1k-5 Year IRA Certificate
1.35%$1k-4 Year IRA Certificate
1.30%$1k-3 Year IRA Certificate
0.70%$1k-2 Year IRA Certificate
0.35%$1k-1 Year IRA Certificate
0.25%$1k-6 Month IRA Certificate
Locations


Central Star Credit Union Locations
Main Office9555 E Corporate Hills DrWichita, KS 67207-1324
Haysville Office101 N Main StHaysville, KS 67060-1202
Greenwich Branch11122 E. CentralWichita, Kansas 67206