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National Credit Union Service Organization

SHARED RESOURCES CREDIT UNION

Sep, 30, 2021 — SHARED RESOURCES CREDIT UNION is a federally insured state chartered credit union headquartered in Pasadena, TX with 2 branch locations and about $29.12 million in total assets. Opened 72 years ago in 1949, SHARED RESOURCES CREDIT UNION has about 3,158 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:3,158
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:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$29,124,105
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 1,046,205
TOTAL INVESTMENTS 8,706,137
Loans Held for Sale 0
 
 Real Estate Loans 2,649,435
 Unsecured Loans 1,668,425
 Other Loans 13,579,714
 TOTAL LOANS 17,897,574
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -104,843
 Land And Building 189,541
 Other Fixed Assets 195,101
 NCUSIF Deposit 243,214
 All Other Assets 951,176
  TOTAL ASSETS 29,124,105
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 654,870
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,738,648
 Regular shares 11,343,181
 All Other Shares & Deposits 8,232,071
  TOTAL SHARES & DEPOSITS 25,313,900
  TOTAL LIABILITIES 25,968,770
 Regular Reserve 712,950
 Other Reserves 0
 Undivided Earnings 2,442,385
  TOTAL EQUITY 3,155,335
  TOTAL LIABILITIES, SHARES, & EQUITY 29,124,105
INCOME & EXPENSE  
 Loan Income 825,619
 Investment Income 62,373
 Other Income 419,829
 Total Employee Compensation & Benefits 410,410
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 940,009
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 25,917
 Cost of Funds 61,155
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 26,503
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