Overview / Commentary
Membersource Credit Union is headquartered in Houston and is the 100th largest credit union in the state of Texas. It is also the 1,247th largest credit union in the nation. It was established in 1958 and as of June of 2023, it had grown to 53 employees and 16,224 members at 3 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 Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68440 |
| Year Chartered | 1958 |
| Employees | 53 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.1% |
| Return on Equity - YTD | -1% |
| Annual Interest Income | $3.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $204.4MM$219.5MM |
| Loans | Q2 2023vs Q2 2022 | $159.3MM$159.2MM |
| Deposits | Q2 2023vs Q2 2022 | $183.1MM$198.4MM |
| Equity Capital | Q2 2023vs Q2 2022 | $19.8MM$20.0MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$609.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $466.00K$206.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |