Sep, 30, 2025 — MEMBERSOURCE CREDIT UNION is a federally insured state chartered credit union headquartered in HOUSTON, TX with 5 branch locations and about $202.00 million in total assets. Opened 68 years ago in 1958, MEMBERSOURCE CREDIT UNION has about 14,833 members and employs 55 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MEMBERSOURCE CREDIT UNION |
|---|---|
| Address: (Main Office) | 10100 Richmond Ave HOUSTON, TX 77042 |
| Phone: | (713) 627-4000 |
| Fax: | (713) 244-3300 |
| Website: | https://www.membersourcecu.org |
| Branches: | 5 branch locations |
| Members: | 14,833 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68440 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $202,004,928 |
| CEO/Manager: | Kenneth Harrington |
| Chairperson: | Patrick Gibson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 35,688,887 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 57,866,935 |
| Unsecured Loans | 22,516,244 |
| Other Loans | 59,470,036 |
| TOTAL LOANS | 139,853,215 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -890,101 |
| Land And Building | 7,250,222 |
| Other Fixed Assets | 437,388 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,683,345 |
| All Other Assets | 20,974 |
| TOTAL ASSETS | 202,004,928 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 120,192 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,358,637 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 48,590,037 |
| Regular shares | 73,224,984 |
| All Other Shares & Deposits | 54,935,490 |
| TOTAL SHARES & DEPOSITS | 176,750,511 |
| TOTAL LIABILITIES | 178,229,340 |
| Regular Reserve | 0 |
| Other Reserves | 2,546,442 |
| Undivided Earnings | 21,229,146 |
| TOTAL EQUITY | 23,775,588 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 202,004,928 |
| INCOME & EXPENSE | |
| Loan Income | 6,246,535 |
| Investment Income | 970,342 |
| Other Income | 815,161 |
| Total Employee Compensation & Benefits | 3,651,198 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,727,880 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 821,910 |
| Cost of Funds | 1,258,878 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,063,770 |
| ↑ Back to Top | |