Space City Credit Union

3101 Harrisburg Blvd
Houston, TX 77011
1-800-762-3543
www.spacecitycu.com

NCUA

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Space City Credit Union is headquartered in Houston and is the 158^th largest credit union in the state of Texas. It is also the 2,043^rd largest credit union in the nation. It was established in 1965 and as of December of 2012, it had grown to 24 employees and 8,253 members. Space City Credit Union's savings rates are 3X the national average, and it has a 4-star health rating.

Space City Credit Union Routing Number: 313084807

Top Long-Term CD Rates at Space City Credit Union in Houston - 4/23/2012

Space City Credit Union is offering very competitive long-term CD and IRA CD rates. The best one is the 5-year CD which has a 2.53% APY. Its 4-year CD is also competitive with a 2.02% APY. These rates ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Space City Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.25%	$2k	-	Premier Checking

Space City Credit Union Savings Account Rates

Apy	Min	Max	Product
1.51%	-	-	Regular IRA
1.51%	-	-	Roth IRA
0.75%	$5k	-	Premier Shares

Space City Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.75%	$50k	-	PRIME Money Market Checking

Space City Credit Union CD Rates

Apy	Min	Max	Product
2.02%	$2k	-	5 Year Premier Certificate
1.76%	$2k	-	4 Year Premier Certificate
1.51%	$2k	-	3 Year Premier Certificate
1.01%	$2k	-	2 Year Premier Certificate
0.75%	$2k	-	1 Year Premier Certificate
0.50%	$2k	-	6 Month Premier Certificate

Space City Credit Union IRA Rates

Apy	Min	Max	Product
2.02%	$500	-	5 Year LifeGuard IRA Certificate
2.02%	$500	-	5 Year LifeGuard Roth IRA Certificate
1.76%	$500	-	4 Year LifeGuard IRA Certificate
1.76%	$500	-	4 Year LifeGuard Roth IRA Certificate
1.51%	$500	-	3 Year LifeGuard IRA Certificate
1.51%	$500	-	3 Year LifeGuard Roth IRA Certificate
1.01%	$500	-	2 Year LifeGuard IRA Certificate
1.01%	$500	-	2 Year LifeGuard Roth IRA Certificate
0.75%	$500	-	1 Year LifeGuard IRA Certificate
0.75%	$500	-	1 Year LifeGuard Roth IRA Certificate
0.50%	$500	-	6 Month LifeGuard IRA Certificate
0.50%	$500	-	6 Month LifeGuard Roth IRA Certificate

Rates updated: 5/21/2013

Data for Q4 2012

Institution Statistics

SPACE CITY
NCUA #	61135
BankRate Report	View
Year Chartered	1965
Employees	24
Primary Regulator
Assets and Liabilities
Assets	$60.30 million
Loans	$42.44 million
Deposits	$54.18 million
Equity Capital	$4.70 million
Loan Loss Allowance	$177,000
Unbacked Noncurrent Loans	$506,000
Historic Data - December 2011
Assets	$33.89 million
Equity Capital	$2.63 million
Loan Loss Allowance	$168,000
Unbacked Noncurrent Loans	$119,000
Profit Margin - Quarterly
Net Interest Margin	6.03%
Return on Assets	-0.06%
Return on Equity	-0.79%
Interest Income	$2.94 million
Non-Interest Income	$1.22 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Space City Credit Union had $506,000 in non-current loans and owned real-estate with $4.87 million in equity and loan loss allowances on hand to cover it. This gives Space City Credit Union a Texas Ratio of 10.38% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Space City Credit Union increased slightly from 4.26% as of December 31, 2011 to 10.38% as of December 31, 2012, resulting in a negative change of 143.75%. This indicates that the balance sheet and financial strength for Space City Credit Union has declined slightly in recent periods.
Deposit Growth
In the past year, Space City Credit Union has increased its total deposits by $23.84 million, resulting in 78.55% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Space City Credit Union has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Space City Credit Union has $60.3 million in assets with $4.87 million in equity, resulting in a capitalization level of 8.08%, which is average.