57 Locally Headquartered Credit Unions

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

Members: 2.6 million (5 percent increase)

  • 80,000 new members
  • Hit a record
  • Up 56 percent from 1.64 million in 2010 (yearly membership has almost always risen from 2005 – 2020)
     

Loans: $40.7 billion (3 percent increase)

  • Increased 159 percent from $15.7 billion in 2010
  • Hit a record (last historical peak was $16.5 billion in 2009)
  • 74 percent loan-to-deposit ratio (loaned out)
  • *A small portion of total loans may be through “loan participations”
  • **Total loans do not include the much smaller sub-categories of personal loans, student loans, and “other” loans
  • First-mortgages: 4 percent increase
  • Hit a record of $25.3 billion
  • Increased 192 percent from $8.6 billion in 2010 (category has always risen since 2005)
     
  • HELOCs/home equity loans (combined category): -9 percent decrease
  • Dropped from a record ($4 billion in 2019) to $3.6 billion (not seen since 2016)
  • Increased 45 percent from $2.5 billion in 2013 (prior historical peak was $2.9 billion in 2008)
     
  • New auto loans: -8 percent decrease
  • Dropped from a record ($4.3 billion in 2019) to $3.9 billion (not seen since 2018)
  • Increased 293 percent from $1 billion in 2010 (last historical peak was $2.3 billion in 2007)
     
  • Used auto loans: -1 percent decrease
  • Remained near a record of $3.63 billion
  • Increased 133 percent from $1.5 billion in 2010 (last historical peak was $2.3 billion in 2006)
     
  • Credit card lending: -12 percent decrease
  • Dropped from a record ($1.2 billion in 2019) to $1.1 billion (not seen since 2017)
  • Increased 91 percent from $570 million in 2005 (category has almost always risen from 2005 – 2020)
     
  • Business loans: 6 percent increase
  • Hit a record at $2.5 billion (includes landlord real estate loans)
  • Category has fluctuated greatly between 2005 – 2020 from $872 million – $2.5 billion
 

Deposits: $54.7 billion (16 percent increase)

  • Increased 129 percent from $24 billion in 2010
  • Hit a record (category has always risen from 2005 – 2020)
  • ($65.9 billion in assets)
  • Checking accounts (share drafts): 30 percent increase
  • Hit a record of $5.7 billion
  • Increased 30 percent from $4.4 billion in 2019 (last historical peak was $4.9 billion in 2017)
     
  • Savings accounts (regular shares): 20 percent increase
  • Hit a record of $22.6 billion
  • Increased 276 percent from $6 billion in 2006 (category has always risen since 2005)
     
  • Money market accounts: 13 percent increase
  • Hit a record of $13.6 billion
  • Increased 302 percent from $3.4 billion in 2006 (last historical peak was $3.7 billion in 2005)
     
  • Certificates of deposit: 9 percent increase
  • Hit a record of $9.8 billion
  • Increased 101 percent from $4.8 billion in 2013 (last historical peak was $7.5 billion in 2007)
     
  • IRA/Keogh accounts: 2 percent increase
  • Nearing a previous amount not seen since 2013 ($2.1 billion)
  • Increased 7 percent from $1.9 billion in 2015 (historical peak was $2.3 billion in 2011)
 

Operations: $408 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $1.6 billion)
  • About 6,120 individuals were employed (0 percent increase)
California and Nevada Credit Union Leagues