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SHARED RESOURCES CREDIT UNION

Mar, 31, 2022 — SHARED RESOURCES CREDIT UNION is a federally insured state chartered credit union headquartered in Pasadena, TX with 2 branch locations and about $29.63 million in total assets. Opened 73 years ago in 1949, SHARED RESOURCES CREDIT UNION has about 3,096 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 313087299
Name:SHARED RESOURCES CREDIT UNION
Address:
(Main Office)
P.O. Box 888
Pasadena, TX 77501
Phone:(713) 473-9244
Fax:(713) 475-1031
Website:http://www.srcu.net
Branches:2 branch locations
Members:3,096
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67477
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1949
Last Audited:Nov 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$29,630,544
CEO/Manager:Stephanie L Salazar
Chairperson:Bennett Radin

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,196,861
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,737,946
 Unsecured Loans 1,744,382
 Other Loans 13,635,511
 TOTAL LOANS 18,117,839
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -75,500
 Land And Building 192,118
 Other Fixed Assets 164,325
 NCUSIF Deposit 243,214
 All Other Assets 0
  TOTAL ASSETS 29,630,544
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 472,738
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,484,588
 Regular shares 11,650,314
 All Other Shares & Deposits 7,702,673
  TOTAL SHARES & DEPOSITS 25,837,575
  TOTAL LIABILITIES 26,310,313
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,320,231
  TOTAL EQUITY 3,320,231
  TOTAL LIABILITIES, SHARES, & EQUITY 29,630,544
INCOME & EXPENSE  
 Loan Income 284,326
 Investment Income -69,839
 Other Income 145,431
 Total Employee Compensation & Benefits 27,443
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 282,040
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 7,149
 Cost of Funds 16,488
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 63,932
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