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National Credit Union Service Organization

SHARED RESOURCES CREDIT UNION

Jun, 30, 2023 — SHARED RESOURCES CREDIT UNION is a federally insured state chartered credit union headquartered in Pasadena, TX with 2 branch locations and about $28.48 million in total assets. Opened 75 years ago in 1949, SHARED RESOURCES CREDIT UNION has about 3,030 members and employs 8 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:https://www.srcu.net
Branches:2 branch locations
Members:3,030
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:$28,476,766
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 752,926
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,041,770
 Unsecured Loans 1,659,772
 Other Loans 12,699,673
 TOTAL LOANS 17,401,215
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -111,818
 Land And Building 179,444
 Other Fixed Assets 166,498
 NCUSIF Deposit 243,213
 All Other Assets 13,527
  TOTAL ASSETS 28,476,766
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 521,460
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,796,061
 Regular shares 11,954,588
 All Other Shares & Deposits 6,913,161
  TOTAL SHARES & DEPOSITS 24,663,810
  TOTAL LIABILITIES 25,185,270
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,291,496
  TOTAL EQUITY 3,291,496
  TOTAL LIABILITIES, SHARES, & EQUITY 28,476,766
INCOME & EXPENSE  
 Loan Income 844,019
 Investment Income -9,807
 Other Income 443,361
 Total Employee Compensation & Benefits 296,522
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 866,976
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 120,649
 Cost of Funds 53,727
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 92,646
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