Program areas at Shared Resources Credit Union
Share accounts - Shared Resources Credit Union share accounts offer advantages to members of all ages. The Credit Union had more than 2,988 member-owned accounts on december 31, 2023. Member savings accounts pay dividends quarterly and offer access through the branch network, home banking via the internet, or telephone and atms. Special savings accounts developed for children encourage the development of consistent savings habits.
Consumer loans - Shared Resources Credit Union has provided personal loans since its early years. The consumer loan product line now includes efficient underwriting and flexible offerings for vehicles, recreational vehicles, boats, motorcycles and home equity loans. Consumer life and disability insurance is available on any of these loan types. At 12/31/2023 the Credit Union had loan balances of $20,102,591.
Checking accounts - Shared Resources Credit Union provides checking accounts for consumers with various features, which include receiving dividends on a monthly basis. Additionally, the Credit Union extends the reach of these accounts to all members with free debit cards, internet account access and free use of the internet bill pay program.
Personnel at Shared Resources Credit Union
Name | Title | Compensation | Date of data |
---|
Stephanie Salazar | President and Chief Executive Officer | $92,349 | 2024-11-02 |
Wendy Lopez | Executive Vice President | | 2024-11-02 |
Financials for Shared Resources Credit Union
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $0 | $0 | - |
Program services | $1,809,743 | $1,894,425 | -4.5% |
Investment income and dividends | $349,214 | $113,987 | 206.4% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $2,158,957 | $2,008,412 | 7.5% |
Organizations like Shared Resources Credit Union
Organization | Type | Location | Revenue |
---|
USE Credit Union / U S Employees Credit Union | 501(c)(14) | Tomball, TX | $3,694,785 |
Longview Consolidated Credit Union | 501(c)(14) | Longview, TX | $563,636 |
North East Texas Credit Union | 501(c)(14) | Lone Star, TX | $9,477,993 |
Trinity Valley Teacher Credit Union | 501(c)(14) | Palestine, TX | $946,207 |
1st University Credit Union | 501(c)(14) | Waco, TX | $1,574,767 |
Space City Credit Union | 501(c)(14) | Houston, TX | $9,453,039 |
United Community Credit Union | 501(c)(14) | Galena Park, TX | $9,495,126 |
Members First Credit Union | 501(c)(14) | Corpus Christi, TX | $9,038,151 |
Vatat Credit Union | 501(c)(14) | Austin, TX | $647,934 |
Cooperative Teachers Credit Union (CTCU) | 501(c)(14) | Tyler, TX | $7,427,752 |
Data update history
November 2, 2024
Updated personnel
Identified 3 new personnel
August 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 1 new personnel
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
- Address
- 2102 E Pasadena Freeway
- Pasadena, TX 77506
- Metro area
- Houston-The Woodlands-Sugar Land, TX
- County
- Harris County, TX
- Website URL
- srcu.net/
- Phone
- (713) 473-9244
IRS details
- EIN
- 74-1162836
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1949
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Child within group exemption
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