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  2. Shared Resources Credit Union

Shared Resources Credit Union


Overview / Commentary
www.srcu.net
713-473-9244
2102 Pasadena Fwy
Pasadena, TX 77506-1534

Shared Resources Credit Union is headquartered in Pasadena and is the 232nd largest credit union in the state of Texas. It is also the 2,960th largest credit union in the nation. It was established in 1949 and as of March of 2018, it had grown to 8 employees and 3,075 members at 1 location. Shared Resources Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live within a 10-mile radius of the credit union's main office at 2102 East Pasadena Freeway in Pasadena, Texas. Membership is also open to employees of Aerial Communications, Catalyst Resources, Certified Technical Services, Castle Dental, Conoco Phillips, Chevron Phillips Chemical, Drilling Specialist, Duraglaze, Driscopipe, Gardens Elementary School, Engelhardt, Gereke Chemicals, GKR Precision Grinding, Heller, Golden Corral, Houston Chemical Complex, Morgan Auto Supply, and over 30 other area Select Employer Groups.
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Health
B+

Data as of Q1 2018

Learn why bank health matters
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Shared Resources Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #67477
Year Chartered1949
Employees8
Primary Regulator
Profit Margin
Return on Assets - YTD1.09%
Return on Equity - YTD10.29%
Annual Interest Income$345.00K
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$29.2MM$28.7MM
LoansQ1 2018vs Q1 2017$22.1MM$20.1MM
DepositsQ1 2018vs Q1 2017$25.6MM$25.3MM
Equity CapitalQ1 2018vs Q1 2017$3.0MM$2.9MM
Loan Loss AllowanceQ1 2018vs Q1 2017$152.00K$112.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$113.00K$241.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Rates

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Locations


Shared Resources Credit Union Locations
Branch Office2102 Pasadena FwyPasadena, TX 77506-1534

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