36 Locally Headquartered Credit Unions
Eight counties include: Kern, San Joaquin, Fresno, Kings, Merced, Stanislaus, Tulare, and Inyo
Members: 1.08 million (2 percent increase)
- 17,900 new members
- Hit a record
- Up 21 percent from 892,000 in 2012 (last historical peak was 903,000 in 2010)
Loans: $6.9 billion (4 percent increase)
- Increased 74 percent from $3.9 billion in 2012
- Hit a record (last historical peak was $5.3 billion in 2008)
- 59 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: 21 percent increase
- Hit a record of $2.2 billion
- Increased 100 percent from $1.1 billion in 2011 (last historical peak was $1.2 billion in 2009)
- HELOCs/home equity loans (combined category): 4 percent increase
- Rose to $408 million (not seen since 2012)
- Increased 32 percent from $309 million in 2016 (historical peak was $747 million in 2007)
- New auto loans: -7 percent decrease
- Dropped from a record ($1.7 billion in 2019) to $1.6 billion (not seen since 2017)
- Increased 104 percent from $788 million in 2012 (last historical peak was $1.6 billion in 2007)
- Used auto loans: -6 percent decrease
- Dropped from a record ($1.7 billion in 2019) to $1.6 billion (not seen since 2018)
- Increased 83 percent from $863 million in 2011 (last historical peak was $976 million in 2008)
- Credit card lending: -11 percent decrease
- Dropped from an intermittent peak ($383 million in 2019) to $341 million (not seen since 2017)
- Increased 14 percent from $299 million in 2012 (historical record high was $404 million in 2008)
- Business loans: 14 percent increase
- Reached $240 million (includes landlord real estate loans)
- Category has fluctuated greatly between 2005 – 2020 from $32 million – $240 million
Deposits: $11.6 billion (20 percent increase)
- Increased 73 percent from $6.7 billion in 2010
- Hit a record (last historical peak was $6.9 billion in 2009)
- ($13.4 billion in assets)
- Checking accounts (share drafts): 26 percent increase
- Hit a record of $2.4 billion
- Increased 179 percent from $870 million in 2008 (last historical peak was $909 million in 2006)
- Savings accounts (regular shares): 23 percent increase
- Hit a record of $6.2 billion
- Increased 223 percent from $1.9 billion in 2008 (last historical peak was $2.4 billion in 2005)
- Money market accounts: 13 percent increase
- Hit a record of $987 million
- Increased 13 percent from $872 million in 2019 (last historical peak was $926 million in 2017)
- Certificates of deposit: 5 percent increase
- Rose to $1.3 billion (not seen since 2016)
- Increased 5 percent from $1.25 billion in 2018 (historical peak was $2.7 billion in 2008)
- IRA/Keogh accounts: 1 percent increase
- Rose to $498 million (not seen since 2018)
- Fallen 28 percent from a record high of $692 million in 2009
Operations: $121 million spent
Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $484 million)
- About 2,390 individuals were employed (-2 percent decrease)