Schlumberger Employees Credit Union

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A short history of Schlumberger Employees CU

Since its inception in 1946 the Schlumberger Employees Credit Union has been serving its members in the Sugar Land, Texas area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Harold Ottis, Jr, the Schlumberger Employees CU has grown its membership to over 31,070 with assets of more than $828,195,389. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (281) 285-4551 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Sugar Land, TX.

General Information For Schlumberger Employees CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 67625
Address 205 Industrial Blvd 
City Sugar Land 
State Texas 
Zip-Code 77478
Phone Number (281) 285-4551
Fax Number (281) 285-4436
Email Address:
CEO/President Harold Ottis, Jr
Members 31,070 
Full-Time Employees 38 
Part-Time Employees
Number of Branch Offices
Total Assets 828,195,389 

Compare Schlumberger Employees Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Nizari Progressive CU Nizari Progressive Federal Credit Union 14090 Southwest Fwy Ste 260 77478 (281) 921-8520 No 1.75
Pioneer Mutual CU Pioneer Mutual Federal CU 1521 Lake Pointe Pkwy 77478 (281) 566-8000 No 1.96
Houston CU Southeast 12346 Gulf Fwy Ste B 77034 (713) 946-5828 No 2.27
National Oilwell Varco Employees CU PWC III 9724 Beechnut St 77036 (713) 634-3471 No 6.24
Memorial CU Southwest Branch 7789 Southwest Fwy ste 120 77074 (713) 778-4400 No 7.90

Schlumberger Employees Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Schlumberger Employees Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.93 4.35 4.33 3.94 5.90
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 407 323 242 132 330
Rank Among All Texas Credit Unions 88 123 89 32 74

Schlumberger Employees Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.05 N/A 0.28 0.24
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 140 143 N/A 304 267
Rank Among All Texas Credit Unions 40 51 N/A 106 71
Schlumberger Employees Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.93013,61715,458,338
All Other Unsecured Loans/Lines of Credit 12.7901,2794,840,871
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.35083815,003,869
Used Vehicle Loans 4.3302,58138,328,713
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.940436110,912,942
Total Other Real Estate Loans/Lines of Credit 5.900364,436
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.8902503,291,587
TOTAL LOANS & LEASES 19,004187,900,756

Schlumberger Employees Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 18039,725,9354613,839,729
    b. 15 Years or less 639,876,477133,415,921
    a. > 15 years 8429,111,12151,366,000
    b. 15 Years or less 10932,199,4092592,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 364,43600
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 439110,977,3786619,213,650


Interest Only & Payment Option 1st Mortgage Loans 1444,3390
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Schlumberger Employees Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes