Online Banking 
Enroll in Online Banking


Space Coast Credit Union Appoints Stephen J. Bailey to Board Committee

Space Coast Credit Union Appoints Stephen J. Bailey to Board Committee

Posted on 11/13/2013

Melbourne, FL -- Stephen J. Bailey has been appointed to serve on the Asset Liability Management (ALM) Committee for Space Coast Credit Union (SCCU). Bailey, recently retired, is a Certified Public Accountant with 35 years experience building and leading successful operations. In his last position, Bailey served as Chief Financial Officer for BRPH Companies, Inc. (Melbourne, FL) until April 2012. Prior to that, Bailey was with EG&G Florida, Inc. (Melbourne, FL), where he held multiple positions, including Deputy General Manager & Director of Administration. Bailey obtained his bachelor’s degree in accounting from St. Bonaventure University.

“SCCU is pleased to have Steve on our ALM Committee,” said Douglas R. Samuels, SCCU President/CEO. “Safety and soundness is a primary focus for SCCU, and our Board has established the ALM committee to oversee the credit union’s portfolio risk. This committee ensures that SCCU maintains a proper balance of loans and deposits needed to achieve satisfactory and consistent earnings, liquidity, and safety.”

In general, the committee monitors adherence to the ALM and Investment policies of the Board. The committee helps assess balance sheet risk, including interest rate and concentration risk, as well as the adequacy of the loan loss allowance. Committee members are appointed by the credit union’s Board of Directors and, because credit unions are not-for-profit financial cooperatives, members serve voluntarily. This is an important distinction compared to banks, which exist for profit and have paid governance bodies.

About Space Coast Credit Union

Space Coast Credit Union was chartered in 1951 and is headquartered in Melbourne, Florida. The Credit Union serves over 239,393 members with assets of over $3 billion through a network of 57 branches and over 100 ATMs located throughout Florida and through its web site, Space Coast Credit Union is open for membership to anyone who lives or works in the fourteen Florida counties it serves.

  • SCCU Routing Number: 263177903

Space Coast Credit Union membership is open to all who work or live in Brevard, Broward, Flagler, Indian River, Martin, Miami-Dade, Monroe, Orange, Osceola, Palm Beach, Seminole, St. Johns, St. Lucie, or Volusia Counties in Florida.

  • Brevard: 321-752-2222
  • Broward: 954-704-5000
  • Miami-Dade: 305-882-5000
  • All Other Areas: 800-447-7228

*APR = Annual Percentage Rate. ^APY = Annual Percentage Yield.

Space Coast Credit Union (SCCU) © 2015



You are being directed to, a website not operated by SCCU. SCCU is not responsible for the content of the alternate website. SCCU does not represent either the third party or the member if the two parties enter into a transaction. Privacy and security policies may differ from those practiced by SCCU.

Would you like to continue?


Member Rewards

Member Rewards is an exclusive Space Coast Credit Union program that provides benefits such as free or discounted services based on your level of participation in the credit union.

  • Gold members may order one FREE box of SCCU logo checks per year.
  • Platinum members may order unlimited FREE boxes of SCCU Exclusive Style checks (one box at a time).
Learn more about the Member Rewards program.