Star One Credit Union
Star One Credit Union is a state-chartered, federally insured credit union based in Sunnyvale, California. Designated as a 501(c)(14) organization, it operates as a cooperative financial institution serving over 121,000 members. The credit union promotes thrift and savings among its members, creates a source of credit at rates set by the board of directors, and provides members with democratic control over their funds. Star One operates with a workforce of 287 employees and has been chartered since January 1, 1956.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.5B
-4.5% YoY
Annual Giving
$691K
-6.4% YoY
Grant Count
49
-7.5% YoY
Avg Grant Size
$14K
+1.2% YoY
Mission & Focus Areas
Star One's mission is to improve each member's life by delivering valuable financial services. The organization promotes thrift and savings among its members, creates a source of credit for them, and provides an opportunity for members to use and control their own money.
Grantmaking
Star One demonstrates significant philanthropic commitment to the Santa Clara County region and neighboring areas. In 2024, the organization made donations totaling over $900,000, supporting more than 100 community organizations.
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Geographic Focus
Where this funder awards grants
Star One's membership and grantmaking focus is concentrated in Santa Clara County, California, with some support extending to neighboring counties in the Bay Area.
Membership eligibility includes:
- Individuals who live, work, or attend school in Santa Clara County, California
- Employees of corporate sponsors
- Retirees of Lockheed Martin
- Immediate family members of current Star One members
- Star One Credit Union employees
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $9.45 billion
- Total Liabilities: $8.32 billion
- Annual Revenue: $410 million
- Annual Expenses: $376 million
As of December 2023:
- Total Assets: $9.897 billion
- Total Revenues: $320.984 million
- Total Expenses: $308.798 million
Lending Activity (2023):
- Provided services to 126,042 members with savings and loan accounts
- Disbursed 10,093 loans totaling $1.467 billion
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,454,397,611 | $9,897,274,103 | $10,762,461,158 |
| Revenue | $409,807,996 | $320,984,139 | $255,066,926 |
| Expenses | $376,148,161 | $308,798,162 | $213,389,731 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $72,285,036 | $68,845,541 | $78,791,920 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
243 grants across all recorded years
Open Grants
1 open opportunity from Star One Credit Union
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Gary Rodrigues — President & CEO
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MELISSA HENCK | CHAIR | 1 | $6,208 |
| JEFF GAUT | 1ST VICE CHAIR & TREASURER | 1 | $701 |
| RICHARD AOCHI | 2ND VICE CHAIR & ASSISTANT | 1 | $1,868 |
| CHRISTINA GOEAS | ASSISTANT TREASURER | 1 | $1,554 |
| TRINY LEE | SECRETARY | 1 | $1,319 |
| DAVID DAGGETT | DIRECTOR | 1 | — |
| JAMES BARNHART | DIRECTOR | 1 | $1,034 |
| PATRICIA HUMECKE | DIRECTOR | 1 | $2,267 |
| CYRUS TABARI | DIRECTOR | 1 | $2,356 |
| BRIAN LAWLER | SUPERVISORY COMMITTEE CHAIR | 1 | — |
| MADELAINE KOLDA | SUPERVISORY COMMITTEE | 1 | $2,055 |
| PONPROM FLYNN | SUPERVISORY COMMITTEE | 1 | $1,433 |
| TYLER MARTIN | SUPERVISORY COMMITTEE | 1 | — |
| KRISTEN MANK | SUPERVISORY COMMITTEE | 1 | $4,079 |
| GARY RODRIGUES | PRESIDENT/CEO | 40 | $1,968,703 |
| M MUCKER | EXECUTIVE VP - OPS | 40 | $1,528,384 |
| B ROSS | EXECUTIVE VP - FINANCE & A | 40 | $1,016,494 |
| M GUPTA | EXECUTIVE VP - OPERATIONS | 40 | $882,236 |
| V BROSAS | VP - DEPOSIT SERVICES | 40 | $705,490 |
| V TABLER | VP - REAL ESTATE LENDING | 40 | $620,360 |
| S NAYLOR | VP - INFORMATION SYSTEMS | 40 | $545,016 |
| S PANICKER | VP - TREASURY | 40 | $535,684 |
| R RUTLEDGE | VP - HUMAN RESOURCES | 40 | $480,917 |
| H ORNELAS | VP - CONSUMER LENDING | 40 | $469,561 |
Recent Recognition & Activity
Recent developments and announcements
Star One was recognized for its corporate philanthropy contributions in 2024:
Ranked 15th on the Silicon Valley Business Journal's Top 50 Corporate Philanthropists list
Included in the San Francisco Business Times' Top 100 Corporate Philanthropists list, placing 37th overall
The organization has been ranked #1 by the Credit Union National Association for 10 consecutive years.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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