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408-543-5202
P.O. Box 3643
Sunnyvale, CA 94088

Star One Credit Union is headquartered in Sunnyvale and is the 3rd largest credit union in the state of California. It is also the 9th largest credit union in the nation. It was established in 1956 and as of December of 2013, it had grown to 164 employees and 91,700 members. Star One Credit Union has a A+ health rating.

Field of Membership Restrictions

Star One offers membership to employees of specific companies, Star One Credit Union employees, immediate family members of current Star One members, and individuals who live, work, or attend school in Santa Clara County. - See Details

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Reviews (1)

Favorite Credit Union

I have been a customer for over 20 years. I have never had any complain about this credit union.



Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Star One Credit Union had $2.06 million in non-current loans and owned real-estate with $732.74 million in equity and loan loss allowances on hand to cover it. This gives Star One Credit Union a Texas Ratio of 0.28% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Star One Credit Union decreased dramatically from 0.48% as of December 31, 2012 to 0.28% as of December 31, 2013, resulting in a positive change of 41.95%.This indicates that the balance sheet and financial strength for Star One Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A

In the past year, Star One Credit Union has increased its total deposits by $212.99 million, resulting in 4.89% 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 Star One Credit Union has shown is excellent.

Capitalization

GRADE:
A

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. Star One Credit Union has $6.6 billion in assets with $732.74 million in equity, resulting in a capitalization level of 11.10%, which is excellent.

Institution Statistics

Overall
NCUA #68465
Year Chartered1956
Employees164
Primary Regulator
Assets and Liabilities
Assets$6.60 billion
Loans$2.88 billion
Deposits$4.57 billion
Equity Capital$725.51 million
Loan Loss Allowance$7.23 million
Unbacked Noncurrent Loans$1.87 million
Real Estate Owned$189,000
Historic Data - December 2012
Assets$6.30 billion
Equity Capital$716.77 million
Loan Loss Allowance$10.37 million
Unbacked Noncurrent Loans$1.87 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.93%
Return on Assets0.81%
Return on Equity7.37%
Interest Income$143.59 million
Rates

Sorry, we do not have rate data for Star One Credit Union

Locations


Star One Credit Union Locations
Branch Office1306 Bordeaux DrSunnyvale, CA 94089-1005
Branch Office10991 N De Anza BlvdCupertino, CA 95014-6303
Branch Office1090 Blossom Hill RdSan Jose, CA 95123-1103
Branch Office3903 El Camino RealPalo Alto, CA 94306
Branch Office1080 Enterprise WaySunnyvale, CA 94089
Branch Office3136 Stevens Creek BlvdSan Jose, CA 95117