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 |
| 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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