Overview / Commentary
Membersource Credit Union is headquartered in Houston and is the 94th largest credit union in the state of Texas. It is also the 1,194th largest credit union in the nation. It was established in 1958 and as of September of 2022, it had grown to 52 employees and 16,842 members at 4 locations. Membersource Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in Fort Bend County and within a 10-mile radius of any Membersource Credit Union branch. Membership is also open to employees of the credit union's Select Employer Group.
See current membership details
Health
B+
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68440 |
| Year Chartered | 1958 |
| Employees | 52 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.19% |
| Return on Equity - YTD | 2.16% |
| Annual Interest Income | $4.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $218.8MM$219.6MM |
| Loans | Q3 2022vs Q3 2021 | $162.4MM$153.3MM |
| Deposits | Q3 2022vs Q3 2021 | $198.0MM$196.9MM |
| Equity Capital | Q3 2022vs Q3 2021 | $19.2MM$21.5MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $568.00K$739.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $435.00K$296.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$504.00K |