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SPACE CITY CREDIT UNION

Jun, 30, 2021 — SPACE CITY CREDIT UNION is a federally insured state chartered credit union headquartered in Houston, TX with 3 branch locations and about $110.40 million in total assets. Opened 56 years ago in 1965, SPACE CITY CREDIT UNION has about 8,864 members and employs 29 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SPACE CITY CREDIT UNION
Address:
(Main Office)
3101 Harrisburg Blvd
Houston, TX 77003
Phone:(713) 222-1244
Fax:(713) 222-1246
Website:http://www.spacecitycu.com
Branches:3 branch locations
Members:8,864
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61135
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1965
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$110,402,301
CEO/Manager:Craig B Rohden
Chairperson:Buck M Lay

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 20,059,289
TOTAL INVESTMENTS 8,063,597
Loans Held for Sale 0
 
 Real Estate Loans 11,016,887
 Unsecured Loans 7,671,079
 Other Loans 52,763,123
 TOTAL LOANS 71,451,089
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -466,080
 Land And Building 4,926,059
 Other Fixed Assets 285,944
 NCUSIF Deposit 986,683
 All Other Assets 5,095,720
  TOTAL ASSETS 110,402,301
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,160,364
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 14,242,662
 Regular shares 40,006,364
 All Other Shares & Deposits 46,002,306
  TOTAL SHARES & DEPOSITS 100,251,332
  TOTAL LIABILITIES 101,411,696
 Regular Reserve 472,173
 Other Reserves 2,657,579
 Undivided Earnings 5,860,853
  TOTAL EQUITY 8,990,605
  TOTAL LIABILITIES, SHARES, & EQUITY 110,402,301
INCOME & EXPENSE  
 Loan Income 1,845,956
 Investment Income 15,194
 Other Income 369,155
 Total Employee Compensation & Benefits 1,034,888
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 972,758
 Non-operating Income & (Expense) -14,234
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 114,201
 Cost of Funds 360,438
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 347,635
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