Jun, 30, 2024 — SPACE CITY CREDIT UNION is a federally insured state chartered credit union headquartered in HOUSTON, TX with 3 branch locations and about $150.87 million in total assets. Opened 60 years ago in 1965, SPACE CITY CREDIT UNION has about 12,300 members and employs 42 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: | 12,300 |
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $150,871,499 |
| CEO/Manager: | Craig B Rohden |
| Chairperson: | Buck M Lay |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,134,515 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 21,306,633 |
| Unsecured Loans | 11,852,770 |
| Other Loans | 65,509,932 |
| TOTAL LOANS | 98,669,335 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -341,907 |
| Land And Building | 3,077,491 |
| Other Fixed Assets | 512,319 |
| NCUSIF Deposit | 1,295,659 |
| All Other Assets | 166,504 |
| TOTAL ASSETS | 150,871,499 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,910,997 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 20,737,494 |
| Regular shares | 64,963,333 |
| All Other Shares & Deposits | 43,041,833 |
| TOTAL SHARES & DEPOSITS | 128,742,660 |
| TOTAL LIABILITIES | 130,653,657 |
| Regular Reserve | 0 |
| Other Reserves | 11,914,749 |
| Undivided Earnings | 8,303,093 |
| TOTAL EQUITY | 20,217,842 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 150,871,499 |
| INCOME & EXPENSE | |
| Loan Income | 3,283,483 |
| Investment Income | 270,331 |
| Other Income | 1,292,480 |
| Total Employee Compensation & Benefits | 1,948,613 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,383,166 |
| Non-operating Income & (Expense) | 903,558 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 38,966 |
| Cost of Funds | 472,281 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,599,501 |
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