Overview / Commentary
SPCO Credit Union is headquartered in Houston and is the 200th largest credit union in the state of Texas. It is also the 2,556th largest credit union in the nation. It was established in 1968 and as of December of 2020, it had grown to 7 employees and 3,214 members at 1 location. SPCO Credit Union has a B health rating.
Field of Membership Restrictions
SPCO Credit Union membership is open to employees of Union Pacific Railroad, and any owner or employee (and their family) of a graphics-related company in Harris County, TX. Eligibility also extends to anyone who lives, works, attends school or congregates regularly within a 10-mile radius of any of the credit union's offices.
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Health
B
Data as of Q4 2020
Learn why bank health mattersAdditional 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. SPCO Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 61438 |
| Year Chartered | 1968 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.17% |
| Return on Equity - YTD | 1.96% |
| Annual Interest Income | $1.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $45.6MM$36.9MM |
| Loans | Q4 2020vs Q4 2019 | $29.5MM$29.5MM |
| Deposits | Q4 2020vs Q4 2019 | $41.6MM$31.9MM |
| Equity Capital | Q4 2020vs Q4 2019 | $3.8MM$3.7MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $187.00K$233.00K |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $154.00K$181.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |