2020-11-16T19:57:39-06:00 2019-12-31 420714325 RSM US LLP 801 NICOLLET MALL WEST TOWER STE 1100 MINNEAPOLIS MN 554022526 990 2019-01-01 741539232 SPACE CITY CREDIT UNION SPAC 7132221244 3101 HARRISBURG BOULEVARD HOUSTON TX 77003 CRAIG ROHDEN CEO 7132221244 2020-11-16 1 KACIE MCEWEN P01599614 6123324300 2020-11-16 68.47.31.197 2020-11-16 14:24:58 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 03529DF6567CFB0D20C3C8C4F0F8DA9C5BDC3671 2019 2021-04-22 16:20:28Z CRAIG ROHDEN 3101 HARRISBURG BOULEVARD HOUSTON TX 77003 5630393 0 X WWW.SPACECITYCU.COM X 1965 TX COOPERATIVE THRIFT INSTITUTION THAT PROVIDES BANKING AND LOAN SERVICES TO ITS MEMBERS. 11 10 54 10 123390 0 0 0 5432915 5536364 54386 94029 0 0 5487301 5630393 0 0 600415 757894 2121547 2144181 0 0 0 2609334 2893375 5331296 5795450 156005 -165057 83288616 89100957 74805805 80783203 8482811 8317754 SPACE CITY CREDIT UNION IS A COOPERATIVE THRIFT INSTITUTION THAT PROVIDES BANKING AND LOAN SERVICES TO ITS MEMBERS. 0 0 SHARE ACCOUNTSSHARE ACCOUNTS ARE OFFERED TO MEMBERS AND PAY QUARTERLY DIVIDENDS. ACCESS IS OFFERED THROUGH BRANCH LOCATIONS, INTERNET, ATM'S AND TELEPHONE. SPECIAL CHRISTMAS SAVINGS ACCOUNTS ARE OFFERED TO ENCOURAGE MEMBERS TO SAVE AND BUDGET FOR CHRISTMAS EXPENSES. AS OF 12/31/2019, THE CREDIT UNION HAS 8808 SHARE ACCOUNTS WITH A TOTAL OF $30,391,238. THE CREDIT UNION ALSO HAS SHARE CERTIFICATES OF $19,544,033, AND IRAS OF $3,394,168. CHECKING ACCOUNTSCHECKING ACCOUNTS ARE OFFERED TO MEMBERS AND GENERALLY PAY MONTHLY DIVIDENDS. ACCESS IS OFFERED THROUGH BRANCH LOCATIONS, INTERNET, ATM'S AND TELEPHONE. FREE DEBIT CARDS AND ONLINE BANKING FEATURES ARE PROVIDED. AS OF 12/31/2019, THE CREDIT UNION HAS 3,781 CHECKING ACCOUNTS WITH A TOTAL OF $10,714,362. CONSUMER LOANSCONSUMER LOANS ARE OFFERED TO MEMBERS FOR AUTOS, RECREATIONAL VEHICLES, MOTORCYCLES AND REAL ESTATE. CONSUMER LIFE AND DISABILITY INSURANCE IS AVAILABLE ON MANY OF THESE LOAN TYPES. AS OF 12/31/2019, THE CREDIT UNION HAS 5,762 CONSUMER LOANS TOTALING $68,860,376 OUTSTANDING. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1780 0 1 54 1 1 1 0 0 0 0 0 0 0 X 11 10 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X KERI FRAZIER 7132221244 3101 HARRISBURG BOULEVARD HOUSTON TX 77003 CRAIG ROHDEN PRESIDENT/CEO 40.00 X X 187753 0 9666 VON'NESHIA MOORE EVP/CHIEF OPERATIONS OFFICER 40.00 X 116497 0 5392 BYRON HODGES DIRECTOR 1.00 X 1400 0 0 BUCK LAY CHAIR 1.00 X X 1300 0 0 STEPHEN HINES VICE CHAIR 1.00 X X 1300 0 0 JUDITH LANGFORD SECRETARY 1.00 X X 1300 0 0 JOHN PATTON DIRECTOR 1.00 X 1300 0 0 MARK HEITKER DIRECTOR 1.00 X 1300 0 0 JERRY GACRIA TREASURER 1.00 X X 1200 0 0 ROBERT SANDER DIRECTOR 1.00 X 1200 0 0 RODRIGO TAJEDA DIRECTOR 1.00 X 1100 0 0 MATT HAYSLIP DIRECTOR 1.00 X 1000 0 0 316650 0 15058 2 0 1 0 FISERV PO BOX 99924 GRAPEVINE TX 760999724 DATA PROCESSOR 590031 MINNESOTA LIFE 110 WEST ROSAMOND HOUSTON TX 77076 CREDIT LIFE & DISABILITY PROVIDER 551396 WARRANTY SOLUTIONS MANAGEMENT CORP 19602 COUNTRY LAKE DR MAGNOLIA TX 77355 WARRANTIES 488086 3 INTEREST ON MEMBER LOA 522100 3751895 3751895 FEES, INSURANCE & OTHE 522100 1771408 1648018 123390 OTHER NON-OPERATING IN 522100 13061 13061 5536364 94029 94029 5630393 5412974 123390 94029 757894 316650 1474523 90491 118102 144415 87066 121135 283366 37222 314046 35927 136813 79522 PROVISION FOR LOAN LOSS 624479 VISA CHECK/PULSE EXPENS 471181 LOAN SERVICING FEES 365888 336730 5795450 1173685 1038108 611559 28610 2741810 2837773 65992003 68442240 242308 145014 6950899 1577499 5376235 5373400 4420464 9115251 92 2730460 2120561 83288616 89100957 691359 1004193 74114446 79779010 74805805 80783203 X 0 0 0 0 8482811 8317754 8482811 8317754 83288616 89100957 -165057 0 X 0 0 0 0 0 2929278 2929278 2513865 529560 1984305 297643 162115 135528 1210113 885824 324289 5373400 CATALYST CORP CASH MGMT 4286310 C PERFORMANCE TIERED ACCOUNT - SWC 4000000 C IPFU CATALYST CORPORATE CU 64744 C OTHER INVESTMENTS 25536 C NCUSIF & ESI CAPITAL DEPOSITS 738661 C 9115251 DEPOSITORS CHECKING, SAVINGS AND INVESTMENTS 79779010 79779010 X X 1 1 X X 0 1 0 CRAIG ROHDEN PRESIDENT/CEO 172984 0 0 0 14769 0 9666 0 0 0 197419 0 0 0 PART I, LINE 1A THE BOARD OF DIRECTORS, CEO AND VICE PRESIDENTS ARE ALLOWED COMPANION TRAVEL ONCE PER YEAR. TUITION REIMBURSEMENT GROSS-UP PAYMENTS ARE ALSO PROVIDED TO EMPLOYEES. PART I, LINE 4B VON'NESHIA MOORE, EVP/CHIEF OPERATIONS OFFICER, PARTICIPATES IN A 457(F), NON-QUALIFIED DEFERRED COMPENSATION PLAN. THERE WERE NO DISTRIBUTIONS DURING 2019. CRAIG ROHDEN, PRESIDENT/CEO, PARTICIPATES IN A SPLIT DOLLAR LIFE INSURANCE POLICY. CRAIG ROHDEN PRESIDENT/CEO FUND PURCHASE OF CASH VALUE LIFE INSURANCE POLICY X 2293782 2837773 0 1 1 2837773 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION IS PROVIDED BY THE VICE PRESIDENT OF ACCOUNTING TO THE TAX ACCOUNTANT FOR PREPARATION OF FORM 990. THE COMPLETED FORM 990 IS THEN REVIEWED BY THE PRESIDENT. A COPY OF THE FILED FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS AT THE NEXT MEETING, AFTER IT HAS BEEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST IS DISCLOSED TO EMPLOYEES AT THE TIME OF HIRE. THEY ARE TO NOTIFY MANAGEMENT OF ANY RELATIONSHIP BETWEEN VENDORS OR STAFF AND DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO'S COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS AND USES COMPARABILITY DATA TO DETERMINE THE APPROPRIATE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).