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SPACE CITY CREDIT UNION

Mar, 31, 2022 — SPACE CITY CREDIT UNION is a federally insured state chartered credit union headquartered in HOUSTON, TX with 3 branch locations and about $110.60 million in total assets. Opened 57 years ago in 1965, SPACE CITY CREDIT UNION has about 8,889 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:8,889
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:$110,598,156
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 16,169,450
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 16,095,135
 Unsecured Loans 7,992,748
 Other Loans 50,724,254
 TOTAL LOANS 74,812,137
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -443,311
 Land And Building 4,870,505
 Other Fixed Assets 271,208
 NCUSIF Deposit 1,023,549
 All Other Assets 132,000
  TOTAL ASSETS 110,598,156
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 390,127
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 17,082,939
 Regular shares 43,944,592
 All Other Shares & Deposits 39,555,152
  TOTAL SHARES & DEPOSITS 100,582,683
  TOTAL LIABILITIES 100,972,810
 Regular Reserve 0
 Other Reserves 3,129,752
 Undivided Earnings 6,495,594
  TOTAL EQUITY 9,625,346
  TOTAL LIABILITIES, SHARES, & EQUITY 110,598,156
INCOME & EXPENSE  
 Loan Income 868,312
 Investment Income 9,523
 Other Income 194,938
 Total Employee Compensation & Benefits 545,440
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 583,527
 Non-operating Income & (Expense) 6,376
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 62,042
 Cost of Funds 116,140
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 202,022
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