2012-11-15T10:41:32-06:00 2011-12-31 420714325 MCGLADREY LLP 801 NICOLLET MALL SUITE 1100 MINNEAPOLIS MN 55402 990 2011-01-01 741539232 SPACE CITY CREDIT UNION SPAC 7132221244 3101 HARRISBURG BOULEVARD HOUSTON TX 77003 CRAIG ROHDEN 7132221244 2012-11-14 1 GERALD B KISSELL P00092658 6123324300 2011 2016-02-24 21:20:13Z CRAIG ROHDEN 3101 HARRISBURG BOULEVARD HOUSTON TX 77003 2846885 0 X WWW.SPACECITYCU.COM X 1965 TX SPACE CITY CREDIT UNION IS A COOPERATIVE THRIFT INSTITUTION THAT PROVIDES BANKING AND LOAN SERVICES TO ITS MEMBERS. 8 8 28 10 138696 -3970 0 0 0 2660588 1705342 7092 824622 179205 2529964 2846885 0 0 357501 344884 817295 902643 0 0 0 1264982 1249237 2439778 2496764 90186 350121 29666905 33843649 27391431 31218054 2275474 2625595 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 TO ENCOURAGE MEMBERS TO SAVE AND BUDGET FOR CHRISTMAS EXPENSES. 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 ARE OFFERED AND ONLINE BANKING FEATURES ARE PROVIDED. 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. 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1133 0 28 1 1 1 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 0 0 TX X SUSANNA GUAJARDO 2818461102 3101 HARRISBURG BLVD HOUSTON TX 77003 BUCK M LAY 1.00 X X 650 0 0 STEPHEN A HINES 1.00 X X 550 0 0 JUDITH A LANGFORD 1.00 X X 650 0 0 JERRY M GARCIA 1.00 X 700 0 0 BUDDY C HOLCOMBE 1.00 X 700 0 0 JOHN L PATTON 1.00 X 600 0 0 MATT HAYSLIP 1.00 X 650 0 0 PHILIP RINGER 1.00 X 650 0 0 CRAIG ROHDEN 40.00 X 149021 0 25834 154171 0 25834 1 0 1 0 FISERV 75 REMITTANCE DRIVE SUITE 6974 CHICAGO IL 60675 DATA PROCESSOR 320414 SLI GROUP INC 10200 KATY FREEWAY HOUSTON TX 77043 BUILDING REMODEL 208369 2 INTEREST ON MEMBER LOA 522100 1867274 1867274 SERVICE FEE INCOME 522100 594641 591362 3279 VISA INCOME 522100 198673 198673 2660588 5982 5982 1110 0 1110 1110 1110 INSURANCE INCOME 522100 135417 135417 43788 43788 179205 2846885 2701097 138696 7092 344884 180005 616772 52912 52954 6407 109069 480463 72340 146270 51136 141 104644 PROFESSIONAL AND OUTSID 183190 PROVISION FOR LOAN LOSS 48849 LOAN SERVICING FEES 38198 ASSOCIATION DUES 11920 -3390 2496764 511399 766489 842821 0 24636838 30766856 1531557 612676 610080 918881 2904373 1235325 161394 156098 29666905 33843649 424092 777173 0 21901 26967339 30418980 27391431 31218054 X 0 0 0 0 2275474 2625595 2275474 2625595 29666905 33843649 350121 0 X 0 0 0 0 1 74959 74959 595253 220268 374985 468552 78447 390105 392793 313961 78832 918881 DEPOSITORS CHECKING, SAVINGS AND INVESTMENTS 30278732 OTHER LIABILITIES 140248 30418980 2846885 2496764 350121 350121 PART IV, LINE 2B: DEPOSITS ARE MADE INTO AN ESCROW ACCOUNT EACH MONTH AT THE TIME RE LOAN PAYMENTS ARE RECEIVED. THE FUNDS ARE TO BE USED TO PAY REAL ESTATE PROPERTY TAXES AND HOMEOWNERS INSURANCE. DISBURSEMENTS OF PROPERTY TAX PAYMENTS ARE MADE ONCE A YEAR DURING THE MONTH OF DECEMBER. THE TAXING AUTHORITY AUTOMATICALLY MAILS THE TAX BILL TO THE CREDIT UNION STARTING THE MONTH OF NOVEMBER. PROPERTY INSURANCE IS DUE AT DIFFERENT PERIODS THROUGHOUT THE YEAR. A REPORT IS GENERATED AT THE BEGINNING OF EACH MONTH IN REPORTING ANALYTICS WHICH IS MONITORED MONTHLY FOR INDIVIDUAL DUE DATES OF THE HOMEOWNERS PROPERTY INSURANCE POLICIES. X X 1 1 X X 0 0 0 CRAIG ROHDEN 129805 0 19216 0 0 0 3968 0 21866 0 174855 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-UPS PAYMENTS ARE ALSO PROVIDED TO EMPLOYEES. 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 11 THE FORM 990 IS COMPLETED BY THE VICE PRESIDENT OF ADMINISTRATION AND THEN IT IS REVIEWED BY THE PRESIDENT. A COPY OF THE FILED FORM 990 WILL BE 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 AND STAFF OR DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A 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 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.