Overview / Commentary
SPCO Credit Union is headquartered in Houston and is the 206th largest credit union in the state of Texas. It is also the 2,641st largest credit union in the nation. It was established in 1968 and as of December of 2019, it had grown to 8 employees and 3,444 members at 1 location. SPCO Credit Union's CD rates are 23% higher than the national average, and it 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.
See current membership details
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Health
B
Data as of Q4 2019
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 | 8 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.2% |
| Return on Equity - YTD | 1.96% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $36.9MM$38.6MM |
| Loans | Q4 2019vs Q4 2018 | $29.5MM$29.6MM |
| Deposits | Q4 2019vs Q4 2018 | $31.9MM$33.5MM |
| Equity Capital | Q4 2019vs Q4 2018 | $3.7MM$3.6MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $233.00K$242.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $181.00K$417.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |