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 |
| 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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