Dec, 31, 2023 — SPACE CITY CREDIT UNION is a federally insured state chartered credit union headquartered in HOUSTON, TX with 3 branch locations and about $142.29 million in total assets. Opened 59 years ago in 1965, SPACE CITY CREDIT UNION has about 12,148 members and employs 49 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: | https://www.spacecitycu.com |
| Branches: | 3 branch locations |
| Members: | 12,148 |
| 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, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $142,293,366 |
| CEO/Manager: | Craig B Rohden |
| Chairperson: | Buck M Lay |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,247,700 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 25,604,963 |
| Unsecured Loans | 12,828,815 |
| Other Loans | 69,602,773 |
| TOTAL LOANS | 108,036,551 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -507,308 |
| Land And Building | 3,056,780 |
| Other Fixed Assets | 466,105 |
| NCUSIF Deposit | 1,232,838 |
| All Other Assets | 256,717 |
| TOTAL ASSETS | 142,293,366 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,313,371 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 19,286,619 |
| Regular shares | 53,384,688 |
| All Other Shares & Deposits | 48,985,004 |
| TOTAL SHARES & DEPOSITS | 121,656,311 |
| TOTAL LIABILITIES | 122,969,682 |
| Regular Reserve | 0 |
| Other Reserves | 12,386,922 |
| Undivided Earnings | 6,936,762 |
| TOTAL EQUITY | 19,323,684 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 142,293,366 |
| INCOME & EXPENSE | |
| Loan Income | 5,925,894 |
| Investment Income | 749,166 |
| Other Income | 2,142,139 |
| Total Employee Compensation & Benefits | 3,430,037 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,531,542 |
| Non-operating Income & (Expense) | 26,947 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 560,044 |
| Cost of Funds | 2,543,086 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -611,670 |
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