Overview / Commentary
Community Star Credit Union is headquartered in Elyria and is the 83rd largest credit union in the state of Ohio. It is also the 1,988th largest credit union in the nation. It was established in 1938 and as of March of 2019, it had grown to 26 employees and 9,157 members at 4 locations. Community Star Credit Union has a C health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in Lorain County in Ohio.
See current membership details
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Health
C
Data as of Q1 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Community Star Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 95008 |
| Year Chartered | 1938 |
| Employees | 26 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.12% |
| Return on Equity - YTD | 1.19% |
| Annual Interest Income | $602.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $70.6MM$71.6MM |
| Loans | Q1 2019vs Q1 2018 | $48.3MM$53.2MM |
| Deposits | Q1 2019vs Q1 2018 | $63.3MM$64.9MM |
| Equity Capital | Q1 2019vs Q1 2018 | $6.7MM$6.0MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $362.00K$368.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $1.7MM$770.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$0 |
Rates
Rates for Community Star Credit Union are currently being reviewed.
Locations
| Community Star Credit Union Locations | ||
|---|---|---|
| Branch Office | 36500 Detroit Rd | Avon, OH 44011 |
| Branch Office | 832 Cleveland St | Elyria, OH 44035-4141 |
| Branch Office | 5609 W Erie Ave | Lorain, OH 44053-1639 |
| Branch Office | 7660 Leavitt Rd | Amherst, OH 44001-2704 |