52 Locally Headquartered Credit Unions

Six counties include: San Francisco, San Mateo, Santa Clara, Alameda, Contra Costa and Marin
 

Members: 2.7 million (3 percent increase)

  • 68,000 new members
  • Hit a record (prior historical peak was 1.7 million in 2009)


Total Loans: $47 billion (15 percent increase)

  • Hit a record (prior historical peak was $17 billion in 2009)
  • 76 percent loan-to-deposit ratio (loaned out)
  • *Percentage increases and/or decreases represent dollar amount changes
  • **A small portion of total loans may be through “loan participations”
  • ***Total loans do not include the much smaller sub-categories of: a) personal loans (including signature, secured, unsecured, line of credit, and emergency); b) “other” vehicle loans (including motorcycles, watercrafts, motor homes, trailers, boats, all-terrain vehicles, and utility task vehicles); and c) student loans


     
  • First-mortgages: 14 percent increase
  • Hit a record of $26 billion (prior historical peak was $4.5 billion in 2008)
     
  • HELOCs/home equity loans (combined category): 16 percent increase
  • Reached $3.7 billion
  • Record high was $4.1 billion in 2019
     
  • New auto loans: 9 percent increase
  • Reached $4 billion
  • Record high was $4.2 billion in 2019
     
  • Used auto loans: 12 percent increase
  • Hit a record of $4.1 billion (prior historical peak was $2.1 billion in 2008)
     
  • Credit card lending: 13 percent increase
  • Hit a record of $1.3 billion (prior historical peak was $1.2 billion in 2019)
     
  • Business loans: 19 percent increase
  • Reached $2.2 billion (includes landlord real estate loans)
  • Category has fluctuated greatly between 2007 – 2021 from $429 million – $2.2 billion
 

Total Deposits: $62 billion (5 percent increase)

  • Hit a record
  • Category has always risen since 2007
  • ($73.3 billion in assets)
  • *Percentage increases and/or decreases represent dollar amount changes


     
  • Checking accounts (share drafts): 14 percent increase
  • Hit a record of $11 billion (prior historical peak was $4.8 billion in 2017)
     
  • Savings accounts (regular shares): 10 percent increase
  • Hit a record of $24 billion
  • Category has always risen since 2007
     
  • Money market accounts: 4 percent increase
  • Hit a record of $16.2 billion
  • Category has always risen since 2007
     
  • Certificates of deposit: -15 percent decrease
  • Declined to $7.5 billion
  • Record high was $9.8 billion in 2020
     
  • IRA/Keogh accounts: -11 percent decrease
  • Declined to $1.8 billion
  • Record high was $2.3 billion in 2011
 

Operations: $503 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $2 billion)
  • About 6,360 individuals were employed (4 percent increase)
Fuel Solutions, Inc.