2011-11-07T19:18:02-06:00 2010-12-31 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2010-01-01 946069237 STAR ONE CREDIT UNION STAR 4085435028 1306 BORDEAUX DRIVE SUNNYVALE CA 94089 RICK HELDEBRANT 4085435028 2011-10-20 1 VALENTINO CREUS CPA 8189549700 2010 2016-03-07 17:11:31Z RICK HELDEBRANT 1306 BORDEAUX DRIVE SUNNYVALE CA 94089 183975031 0 X WWW.STARONE.ORG X CREDIT UNION 1956 CA A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS. 9 9 189 14 151603 -87923 0 0 102319179 111895947 98298547 71679475 16921007 379044 217538733 183954466 0 0 0 0 19026710 21266132 0 0 0 158401522 104732805 177428232 125998937 40110501 57955529 5111237960 5431567751 4568854430 4833670870 542383530 597896881 X A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, STAR ONE CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS. 0 0 STAR ONE CREDIT UNION PROVIDED SERVICES TO 85,866 MEMBERS WITH SAVINGS AND LOAN ACCOUNTS. STAR ONE OFFERS STUDENT LOANS TO GRADUATE AND UNDERGRADUATE STUDENTS. STAR ONE CREDIT UNION PROVIDED 6,101 LOANS TOTALLING $862,660,525 IN 2010. 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 88017 0 1 189 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X ANN SEBASTIAN 4085435028 1306 BORDEAUX DRIVE SUNNYVALE CA 94089 J MCELRAVEY 1.00 X 1119 0 0 G ADAMS 1.00 X 854 0 0 J MORELLI 1.00 X 1142 0 0 S DUNLAP 1.00 X 1543 0 0 B BACHANT 1.00 X 1294 0 0 D FLOWE 1.00 X 2517 0 0 P HUMECKE 1.00 X 0 0 0 D MANASSAU 1.00 X 2745 0 0 D ABIHIDER 1.00 X 1551 0 0 R AOCHI 1.00 X 0 0 0 D DAGGETT 1.00 X 0 0 0 M ENG 1.00 X 0 0 0 C GOEAS 1.00 X 0 0 0 L VARR 1.00 X 0 0 0 R HELDEBRANT 40.00 X 690688 0 113342 G RODRIGUES 40.00 X 341688 0 135694 C SAFBERG 40.00 X 331500 0 195436 K COLLINS 40.00 X 248133 0 138441 B ROSS 40.00 X 257186 0 73407 R MCALPINE 40.00 X 226987 0 140229 L BRUBAKER 40.00 X 218745 0 125729 M MUCKER 40.00 X 211863 0 125498 A SEBASTIAN 40.00 X 211368 0 56047 S MOIX 40.00 X 214283 0 85495 2965206 0 1189318 29 0 1 0 DIGITAL INSIGHT P O BOX 515306 LOS ANGELES CA 900516606 WEBSITE 796832 BUSINESS DATA INC P O BOX 6081 INGLEWOOD CA 90312 STATEMENT PROCESSING 743342 TOM DAVIS 265 MERIDIAN AVE 10 SAN JOSE CA 95126 APPRAISAL SERVICES 585400 DIEBOLD INCORPORATED 5995 MAYFAIR ROAD PO BOX 3077 NORTH CANTON OH 447208077 SECURITY SERVICES 544920 XP SYSTEMS 75 REMITTANCE DR 6963 CHICAGO IL 606756963 CORE PROCESSOR 445434 13 INTEREST ON LOANS 522100 103119393 103119393 FEE INCOME 522100 4751909 4641484 110425 OTHER OPERATING INCOME 522100 4024645 3983467 41178 111895947 71687865 71687865 12175 20565 -8390 -8390 -8390 GAIN ON INVESTMENTS 522100 379044 379044 379044 183954466 183802863 151603 0 2965206 10385536 3360802 3543138 1011450 51527 96155 79729 1378554 1140079 3896956 1077701 1331626 427418 70282666 1983890 12211736 PROV LOAN & LEASE LOSS 7134326 LOAN SERVICING EXPENSE 2148887 MISC. OPERATING EXP. 1103686 OPERATING FEES 387869 125998937 5082276 5867726 112633431 133729122 1265403 1178049 30258978 15564273 14270351 14694705 1752816430 2009949215 3104226751 3219528438 120943318 46620496 5111237960 5431567751 29558836 33837274 4539295594 4799833596 4568854430 4833670870 X 0 0 0 0 542383530 597896881 542383530 597896881 5111237960 5431567751 X 57955529 -2442178 X X 0 1 1 X 0 12325 12325 12325 1 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: STAR ONE CREDIT UNION CONTRIBUTED TO PAC ORGANIZATIONS. THESE ORGANIZATIONS HAVE PAC ID NUMBERS. THESE PAC ORGANIZATIONS WERE NOT LISTED ON PART 1-C, LINE 5. FOLLOWING IS A LIST OF PAC ORGANIZATIONS THAT STAR ONE CREDIT UNION CONTRIBUTED. CALIFORNIA CREDIT UNION LEAGUE PAC 1201 K STREET, SUITE 1850 SACRAMENTO, CA 95814 PAC ID # 760225 $6,000 BAY AREA PAC 1650 MISSION STREET, SUITE 500 SAN FRANCISCO, CA 94103 PAC ID # 1235423 $6,000 NATIONAL ASSOCIATION OF FEDERAL CREDIT UNIONS PAC 3138 N. 10TH STREET ARLINGTON, VA 22201-2149 $300 SAN JOSE SILICON VALLEY COMPAC 101 W. SANTA CLARA STREET SAN JOSE, CA 95113 PAC ID # 820688 $25 3584464 3584464 7573930 1495217 6078713 5019305 2112026 2907279 14081279 11957030 2124249 14694705 LOANS TO AND INVESTMENTS IN NATURAL PERSON CREDIT UNIONS 100000 F ALL OTHER INVESTMENTS IN CORPORATE CREDIT UNIONS 751835000 F ALL OTHER INVESTMENTS 42799000 F NET LOANS AND LEASES 2390250963 F NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT 34543475 F 3219528438 OTHER NOTES, PROMISSORY NOTES AND INT. PAYABLE 906367000 MEMBER SHARES AND DEPOSITS 3893466596 4799833596 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: FOR THE YEAR ENDED SEPTEMBER 30, 2010, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. X 1 1 X X X X 0 0 0 R HELDEBRANT 483998 0 201659 0 5031 0 90657 0 22685 0 804030 0 0 0 G RODRIGUES 257071 0 66838 0 17779 0 108446 0 27248 0 477382 0 0 0 C SAFBERG 262841 0 67417 0 1242 0 179918 0 15518 0 526936 0 0 0 K COLLINS 198877 0 47058 0 2198 0 126168 0 12273 0 386574 0 0 0 B ROSS 212348 0 44028 0 810 0 51109 0 22298 0 330593 0 0 0 R MCALPINE 185595 0 38458 0 2934 0 117650 0 22579 0 367216 0 0 0 L BRUBAKER 174324 0 34820 0 9601 0 117702 0 8027 0 344474 0 0 0 M MUCKER 174290 0 36544 0 1029 0 110618 0 14880 0 337361 0 0 0 A SEBASTIAN 174619 0 36295 0 454 0 42302 0 13745 0 267415 0 0 0 S MOIX 174562 0 36775 0 2946 0 75942 0 9553 0 299778 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 STAR ONE CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS, AND OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS TO ITS MEMBERS. STAR ONE CREDIT UNION DOES NOT HAVE STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY OR AS VACANCIES ARISE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11 THE CONTROLLER, EXECUTIVE VPS, CEO, AND BOARD OF DIRECTORS RECEIVE A COMPLETED DRAFT OF THE FORM 990 FOR REVIEW PRIOR TO FILING EACH YEAR. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL EMPLOYEES ARE REQUIRED TO READ, SIGN, AND SUBMIT THE CODE OF CONDUCT PLEDGE TO HUMAN RESOURCES. FORM 990, PART VI, SECTION B, LINE 15 STAR ONE CREDIT UNION USES CONSULTING FIRMS AND INDUSTRY SPECIFIC SURVEYS TO DELIBERATE COMPANY EMPLOYEES' COMPENSATION. THE GOVERNING BOARD APPROVES THE CEO'S COMPENSATION PACKAGE AFTER IT HAS BEEN THOROUGHLY REVIEWED AND RECOMMENDED BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN BRANCHES AND ON THE STAR ONE WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -2,564,245. OTHER COMPREHENSIVE INCOME 122,067. TOTAL TO FORM 990, PART XI, LINE 5: -2,442,178. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.