Sep, 30, 2025 — SCHLUMBERGER EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in SUGAR LAND, TX with 1 branch location and about $896.69 million in total assets. Opened 80 years ago in 1946, SCHLUMBERGER EMPLOYEES CREDIT UNION has about 28,164 members and employs 37 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SCHLUMBERGER EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 205 Industrial Blvd SUGAR LAND, TX 77478-3168 |
| Phone: | (281) 285-4551 |
| Fax: | (281) 285-4436 |
| Website: | https://www.secu.slb.com |
| Branches: | 1 branch locations |
| Members: | 28,164 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67625 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1946 |
| Last Audited: | Jun 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $896,694,181 |
| CEO/Manager: | Harold E Ottis, Jr |
| Chairperson: | Sonny Johnston |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 81,072,324 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 181,326,101 |
| Unsecured Loans | 15,247,419 |
| Other Loans | 71,731,943 |
| TOTAL LOANS | 268,305,463 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -521,319 |
| Land And Building | 2,753,370 |
| Other Fixed Assets | 3,077,469 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 5,810,176 |
| All Other Assets | 0 |
| TOTAL ASSETS | 896,694,181 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,634,625 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 160,278,151 |
| Regular shares | 441,840,724 |
| All Other Shares & Deposits | 69,832,217 |
| TOTAL SHARES & DEPOSITS | 671,951,093 |
| TOTAL LIABILITIES | 677,585,718 |
| Regular Reserve | 0 |
| Other Reserves | 10,998,738 |
| Undivided Earnings | 208,109,725 |
| TOTAL EQUITY | 219,108,463 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 896,694,181 |
| INCOME & EXPENSE | |
| Loan Income | 11,867,288 |
| Investment Income | 13,697,194 |
| Other Income | 4,008,580 |
| Total Employee Compensation & Benefits | 3,428,417 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 5,926,245 |
| Non-operating Income & (Expense) | -680 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 444,068 |
| Cost of Funds | 8,578,344 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 11,414,014 |
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