Credit union
First Service Credit Union
Houston, Texas, Harris County, TX
$1.5B in total assets and 108,888 members, the 331st largest of 4,298 US credit unions and 23rd of 376 headquartered in Texas.
- NCUA charter
- 68605
- Charter
- State chartered (TX)
- Chartered
- 1977
- NCUA insured since
- 1977
- Website
- https://www.fscu.com
Earlier filings under First Service Credit Union (charter 61865), before a charter conversion, are included in the history below.
At a glance
Compared with 34 federally insured credit unions in Texas with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.5B | 41% | $1.7B | |
| Loans | $1.2B | 41% | $1.4B | |
| Deposits (shares) | $1.3B | 38% | $1.5B | |
| Members | 108,888 | 50% | 108,865 | |
| Return on assets | 0.49% | 21% | 0.82% | |
| Net interest income to assets | 3.82% | 68% | 3.49% | |
| Efficiency ratio | 79.5% | 79% | 71.3% | |
| Net worth ratio | 10.94% | 50% | 10.96% | |
| Loans to shares | 93% | 68% | 89% | |
| Cost of deposits | 1.82% | 59% | 1.75% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 9.6% a year over 10 years and 12.2% a year over the last 5, including 2 mergers in the last 10 years. Membership grew 10.1% a year over 5 years, to 108,888.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Sep 2024 | SPCO Credit Union Credit union, Houston, TX | $37M |
| May 2022 | People's Trust Federal Credit Union Credit union, Houston, TX | $525M |
| Apr 2013 | El PASO Corporation Federal Credit Union Credit union, Houston, TX | $121M |
Where they operate
14 branches in 4 counties.
1 of 14 branch locations are approximate (ZIP code centers).
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Harris County, TX | 9 | 0.8% | 17 of 179 |
| Fort Bend County, TX | 3 | 1.5% | 17 of 63 |
| Matagorda County, TX | 1 | 6.7% | 4 of 10 |
| Montgomery County, TX | 1 | 0.6% | 24 of 46 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 13 | |
| 2017 | 13 | 0 |
| 2018 | 15 | +2 |
| 2019 | 11 | −4 |
| 2020 | 11 | 0 |
| 2021 | 11 | 0 |
| 2022 | 17 | +6 |
| 2023 | 16 | −1 |
| 2024 | 17 | +1 |
| 2025 | 14 | −3 |
| Jun 2026 | 14 | 0 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 0.62% | 0.75% |
| Net worth ratio | 10.94% | 10.96% |
| Loans to shares | 93% | 89% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Texas
Most branches in Harris County, TX
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.