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SPACE CITY CREDIT UNION

Dec, 31, 2023 — SPACE CITY CREDIT UNION is a federally insured state chartered credit union headquartered in HOUSTON, TX with 3 branch locations and about $142.29 million in total assets. Opened 59 years ago in 1965, SPACE CITY CREDIT UNION has about 12,148 members and employs 49 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SPACE CITY CREDIT UNION
Address:
(Main Office)
3101 Harrisburg Blvd
HOUSTON, TX 77003
Phone:(713) 222-1244
Fax:(713) 222-1246
Website:https://www.spacecitycu.com
Branches:3 branch locations
Members:12,148
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61135
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1965
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$142,293,366
CEO/Manager:Craig B Rohden
Chairperson:Buck M Lay

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,247,700
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 25,604,963
 Unsecured Loans 12,828,815
 Other Loans 69,602,773
 TOTAL LOANS 108,036,551
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -507,308
 Land And Building 3,056,780
 Other Fixed Assets 466,105
 NCUSIF Deposit 1,232,838
 All Other Assets 256,717
  TOTAL ASSETS 142,293,366
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,313,371
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 19,286,619
 Regular shares 53,384,688
 All Other Shares & Deposits 48,985,004
  TOTAL SHARES & DEPOSITS 121,656,311
  TOTAL LIABILITIES 122,969,682
 Regular Reserve 0
 Other Reserves 12,386,922
 Undivided Earnings 6,936,762
  TOTAL EQUITY 19,323,684
  TOTAL LIABILITIES, SHARES, & EQUITY 142,293,366
INCOME & EXPENSE  
 Loan Income 5,925,894
 Investment Income 749,166
 Other Income 2,142,139
 Total Employee Compensation & Benefits 3,430,037
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,531,542
 Non-operating Income & (Expense) 26,947
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 560,044
 Cost of Funds 2,543,086
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -611,670
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