Space City CU and Brazosport Teachers FCU Announce Merger

Effective May 1, Brazosport Teachers Federal Credit Union merged with Space City Credit Union. The merger creates a credit union with $163 million in assets and branches in Houston, La Porte, and Clute, Texas.

The combined entity, which will serve nearly 13,000 members, will operate under the Space City Credit Union name with BTFCU operating as a division of Space City until the scheduled systems merger in August of 2022. BTFCU members won't see any changes to their accounts until then.

In addition, Space City brings more than 5,000 nationwide shared branching locations to the members of BTFCU. The CU Shared Branching System, which is the third largest brick-and-mortar network in the country, includes over 80 branches in and around Brazoria and Harris counties.

Craig Rohden, Space City’s president and CEO since 1994, will remain in that position.

“We’re all very excited about the merger with BTFCU,” Rohden said. “Our economy of scale is increasing, and this will allow us additional resources to not only survive, but also truly compete in a very competitive market. Our mission is to go above and beyond for our Space City members, and we’re looking forward to doing that for our new BTFCU members.”

“Our members will enjoy the security and expanded services this merger will provide while retaining the service and commitment levels they have come to rely on,” said Donna Butterfras, BTFCU’s president/CEO who will remain with the merged credit union as its chief financial officer. “Our employees will have more opportunity to serve, grow, and promote by virtue of a larger organization. And our long history of community involvement and charitable giving will continue as both organizations share the same philosophy of giving back to the communities we serve.”

For more information, please visit www.SpaceCityCU.com.