Sep, 30, 2025 — SPACE COAST CREDIT UNION is a federally insured state chartered credit union headquartered in MELBOURNE, FL with 68 branch locations and about $8.91 billion in total assets. Opened 75 years ago in 1951, SPACE COAST CREDIT UNION has about 692,562 members and employs 1,242 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 COAST CREDIT UNION |
|---|---|
| Address: (Main Office) | 8045 N Wickham Rd MELBOURNE, FL 32940-7920 |
| Phone: | (321) 752-2222 |
| Fax: | (321) 956-7888 |
| Website: | https://www.sccu.com |
| Branches: | 68 branch locations |
| Members: | 692,562 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67297 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $8,908,419,963 |
| CEO/Manager: | Shane Hoyle |
| Chairperson: | Thomas J Myers |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 532,849,045 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 6,411,061 |
| Real Estate Loans | 3,325,096,274 |
| Unsecured Loans | 264,693,518 |
| Other Loans | 3,750,776,380 |
| TOTAL LOANS | 7,340,895,698 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -76,083,179 |
| Land And Building | 77,894,745 |
| Other Fixed Assets | 51,376,765 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 67,884,973 |
| All Other Assets | 6,300,383 |
| TOTAL ASSETS | 8,908,419,963 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,977,700 |
| Notes & Interest Payable | 455,000,000 |
| Accounts Payable & Other Liabilities | 166,499,114 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,715,974,016 |
| Regular shares | 2,093,377,059 |
| All Other Shares & Deposits | 3,506,778,290 |
| TOTAL SHARES & DEPOSITS | 7,316,129,365 |
| TOTAL LIABILITIES | 7,941,606,179 |
| Regular Reserve | 0 |
| Other Reserves | -29,835,333 |
| Undivided Earnings | 996,649,117 |
| TOTAL EQUITY | 966,813,784 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,908,419,963 |
| INCOME & EXPENSE | |
| Loan Income | 307,334,738 |
| Investment Income | 27,077,622 |
| Other Income | 25,086,854 |
| Total Employee Compensation & Benefits | 90,814,609 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 96,892,612 |
| Non-operating Income & (Expense) | -1,885,107 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 45,064,507 |
| Cost of Funds | 114,107,127 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 62,410,290 |
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