Dec, 31, 2021 — SPACE CITY CREDIT UNION is a federally insured state chartered credit union headquartered in HOUSTON, TX with 3 branch locations and about $107.78 million in total assets. Opened 57 years ago in 1965, SPACE CITY CREDIT UNION has about 8,902 members and employs 31 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 |
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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: | 8,902 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 61135 |
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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: | $107,775,368 |
CEO/Manager: | Craig B Rohden |
Chairperson: | Buck M Lay |
ASSETS: | $ Amount |
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Cash & Equivalents | 14,358,286 |
TOTAL INVESTMENTS | 8,564,597 |
Loans Held for Sale | 0 |
Real Estate Loans | 15,002,783 |
Unsecured Loans | 8,054,621 |
Other Loans | 50,799,268 |
TOTAL LOANS | 73,856,672 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -448,855 |
Land And Building | 4,882,538 |
Other Fixed Assets | 291,386 |
NCUSIF Deposit | 1,023,549 |
All Other Assets | 5,247,195 |
TOTAL ASSETS | 107,775,368 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 873,261 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 14,426,708 |
Regular shares | 42,859,170 |
All Other Shares & Deposits | 40,192,906 |
TOTAL SHARES & DEPOSITS | 97,478,784 |
TOTAL LIABILITIES | 98,352,045 |
Regular Reserve | 472,173 |
Other Reserves | 2,657,579 |
Undivided Earnings | 6,293,571 |
TOTAL EQUITY | 9,423,323 |
TOTAL LIABILITIES, SHARES, & EQUITY | 107,775,368 |
INCOME & EXPENSE | |
Loan Income | 3,642,048 |
Investment Income | 31,605 |
Other Income | 797,449 |
Total Employee Compensation & Benefits | 2,035,919 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,156,918 |
Non-operating Income & (Expense) | -1,942 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 210,614 |
Cost of Funds | 624,126 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 779,719 |
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