Featured Savings Rates
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Space City Credit Union

Popular Accounts at this Credit Union

2.01%5-year CD5 Year Certificate
1.51%4-year CD4 Year Certificate
2.01%5-year IRA5 Year IRA Certificate (Traditional, Roth)

Overview / Commentary
3101 Harrisburg Blvd
Houston, TX 77003

Space City Credit Union is headquartered in Houston and is the 139th largest credit union in the state of Texas. It is also the 1,847th largest credit union in the nation. It was established in 1965 and as of December of 2016, it had grown to 24 employees and 7,901 members at 3 locations. Space City Credit Union's money market rates are 14% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship within a 10-mile radius of the credit union's main or La Porte branches. Membership is also open to employees and retirees of Applied Rubber, Forrest Services, GE Power & Water, and over 20 other select employer groups.
See current membership details

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Reviews (4)

Loooooove Space City CU!

Posted by: LoMas | Jun 2, 2016

I absolutely love Space City. Going into the branch is like going to visit family. They know my name, ask me about my children and family, and are ALWAYS friendly.

Because they keep up with me and my family, they are able to offer me things that I don't think of. I came in to get a car loan for my daughter and they reminded me that they have a partnership with an insurance company. Their company saved me money on my rates so adding a teenager wasn't as harmful on my wallet as I thought it was going to be.

Plus Space City has all the cool features of a "big bank" like a mobile app where you can taking a picture of your check to deposit it.

If you like personable service where people know your name and are genuinely concerned about you and your financial well-being, this is the place for you! Thanks Space City for looking out for me and my family!

Space City CU Rocks!

Space City CU has great rates and great services, everything I need to do my banking IN PERSON or on the Internet. I just got a 5 year CD at 2.26% APY... !!!

awesome bank!

Posted by: samiseller | May 2, 2014

I have had a savings account with SSCU for 6 years now, and it is the best! I collect interest, and the staff is very nice!

Space City Credit Union, Far Worse Rates Than Ally Bank

Posted by: DDD | Apr 23, 2016

The rates are horrible, locations in ghetto areas, service lackluster. Many better alternatives. Online banks with free ATM's pay rates 10x higher like AllyBank.com

Space City savings 0.10%
Ally Bank 1.00%
Thats 10x as much at Ally Bank compared to Space City CU!

Space City money market checking 0.25%
Ally Bank money market checking 0.85% which is more than 3x as much!

Space City cd's 6 month 0.25%
Ally Bank cd's 6 month 0.60% which is more than twice as much!

Space City cd 60 month 1.76%
Ally Bank cd 60 month 2.00%

Ally Bank, an online bank doesn't have branches, but that doesnt matter since they reimburse for ATM fees, allow you to take a picture of checks to deposit, saving you time from driving to a branch, and gives you free envelopes to mail in deposits if you dont want to deposit the checks online.

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. Space City Credit Union has a relatively low asset base.

Health Grade Components

NCUA #61135
Year Chartered1965
Primary Regulator
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD7.12%
Annual Interest Income$3.2MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$76.2MM$71.0MM
LoansQ4 2016vs Q4 2015$59.3MM$58.8MM
DepositsQ4 2016vs Q4 2015$66.4MM$61.7MM
Equity CapitalQ4 2016vs Q4 2015$6.9MM$6.4MM
Loan Loss AllowanceQ4 2016vs Q4 2015$278.00K$298.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$446.00K$306.00K
Real Estate OwnedQ4 2016vs Q4 2015$0$0
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Always verify rates and promotions with the bank or credit union. We are not Space City Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Space City Credit Union Savings Account Rates

1.01%--Regular IRA
0.35%*$5k*-Star Savings
OTHER TIERS: 0.10% $100 - $500 | 0.25% $500 - $5k
0.35%$500-College Savings
0.25%--Christmas Club Savings
0.25%--Youth Savings

Space City Credit Union Money Market Rates

0.50%*$50k*-Money Market Checking
OTHER TIERS: 0.25% $2k - $10k | 0.35% $10k - $50k

Space City Credit Union Checking Account Rates

0.25%$2k-Star Checking

Space City Credit Union CD Rates

2.01%$2k-5 Year Certificate
1.51%$2k-4 Year Certificate
1.26%$2k-3 Year Certificate
0.90%$2k-2 Year Certificate
0.70%$2k-1 Year Certificate
0.25%$2k-6 Month Certificate

Space City Credit Union IRA Rates

2.01%$500-5 Year IRA Certificate
1.51%$500-4 Year IRA Certificate
1.26%$500-3 Year IRA Certificate
0.90%$500-2 Year IRA Certificate
0.70%$500-1 Year IRA Certificate
0.25%$500-6 Month IRA Certificate

Space City Credit Union Locations
Branch Office1030 Independence Pkwy SLa Porte, TX 77571-5076
Branch Office16415 Jacintoport BlvdHouston, TX 77015-6589
Branch Office3101 Harrisburg BlvdHouston, TX 77003