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SPACE CITY CREDIT UNION

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
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
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

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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