Overview / Commentary
Members Choice Credit Union is headquartered in Houston and is the 50th largest credit union in the state of Texas. It is also the 553rd largest credit union in the nation. It was established in 1941 and as of September of 2024, it had grown to 113 employees and 47,204 members at 9 locations. Members Choice Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, attend school, or own a business operating in the Texas communities of Katy, Cy-Fair, Humble/Kingwood, or Harris County (west of I-45). Employees of more than 200 Partner Companies (listed on the online application) also qualify for membership.
See current membership details
Health
B
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67508 |
| Year Chartered | 1941 |
| Employees | 113 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.06% |
| Return on Equity - YTD | 0.97% |
| Annual Interest Income | $29.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $780.7MM$777.1MM |
| Loans | Q3 2024vs Q3 2023 | $562.4MM$556.6MM |
| Deposits | Q3 2024vs Q3 2023 | $593.5MM$602.7MM |
| Equity Capital | Q3 2024vs Q3 2023 | $45.2MM$43.4MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $5.7MM$5MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $4.1MM$4.8MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |