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Overview / Commentary
304-357-2319
1 Cantley Dr
Charleston, WV 25314-1089

Star Usa Credit Union is headquartered in Charleston and is the 5th largest credit union in the state of West Virginia. It is also the 1,045th largest credit union in the nation. It was established in 1936 and as of March of 2014, it had grown to 48 employees and 15,616 members. Star Usa Credit Union has a B+ health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Kanawha, Raleigh, Fayette, Nicholas, Putnam, Cabell or Wayne County in West Virginia or Lawrence County, Ohio. - See Details

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Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
A+

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 Star Usa Credit Union had $997,000 in non-current loans and owned real-estate with $14.51 million in equity and loan loss allowances on hand to cover it. This gives Star Usa Credit Union a Texas Ratio of 6.87% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Star Usa Credit Union experienced no significant changes from 6.37% as of March 31, 2013 to 6.87% as of March 31, 2014, resulting in a negative change of 7.84%. This indicates that the balance sheet and financial strength for Star Usa Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
B

In the past year, Star Usa Credit Union has increased its total deposits by $213,000, resulting in 0.14% 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 Usa 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. Star Usa Credit Union has $172.67 million in assets with $14.51 million in equity, resulting in a capitalization level of 8.40%, which is average.

Institution Statistics

Overall
NCUA #911
Year Chartered1936
Employees48
Primary Regulator
Assets and Liabilities
Assets$172.67 million
Loans$105.98 million
Deposits$149.76 million
Equity Capital$14.26 million
Loan Loss Allowance$251,000
Unbacked Noncurrent Loans$542,000
Real Estate Owned$455,000
Historic Data - March 2013
Assets$164.13 million
Equity Capital$13.92 million
Loan Loss Allowance$226,000
Unbacked Noncurrent Loans$542,000
Real Estate Owned$376,000
Profit Margin - Quarterly
Return on Assets0.11%
Return on Equity1.32%
Interest Income$1.34 million
Rates

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

Star Usa Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.20%--Coverdell ESA
0.20%--IRA Share
0.20%--Roth IRA Share
0.20%$50k-Share Plus Balance
0.20%--Health Savings Accounts
0.10%--Super Shares
0.10%--Holiday Club
0.10%--Vacation Club
0.05%--Regular Shares

Star Usa Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$50k-Club Level Money Market

Star Usa Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--Business Draft

Star Usa Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
4.00%$500$2,5006 Month Youth CD
1.16%--5 Year CD
0.85%--3 Year CD
0.75%--2 Year CD
0.38%$25k-1 Year NEW MONEY ONLY CD
0.30%--1 Year CD
0.17%--6 Month CD
0.12%--3 Month CD

Star Usa Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.27%--5 Year IRA
0.99%--3 Year IRA
0.80%--2 Year IRA
0.45%--1 Year IRA
Locations


Star Usa Credit Union Locations
Branch Office885 Broad StSummersville, WV 26651
Branch Office1 Cantley DrCharleston, WV 25314-1089
Branch Office3871 Robert C Byrd DrBeckley, WV 25801-2964
Branch Office3955 Teays Valley RdHurricane, WV 25526-9604
Branch Office600 6th AveSaint Albans, WV 25177-2964