35 Locally Headquartered Credit Unions

Eight counties include: Kern, San Joaquin, Fresno, Kings, Merced, Stanislaus, Tulare, and Inyo
 

Members: 1.2 million (12 percent increase)

  • 124,000 new members
  • Hit a record
  • Up 36 percent from 870,000 in 2012 (prior historical peak was 876,000 in 2011)


Total Loans: $7.9 billion (17 percent increase)

  • Increased 108 percent from $3.8 billion in 2011
  • Hit a record (prior historical peak was $5.1 billion in 2008)
  • 55 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: 13 percent increase
  • Hit a record of $2.5 billion
  • Increased 131 percent from $1.1 billion in 2011 (prior historical peak was $1.2 billion in 2008)
     
  • HELOCs/home equity loans (combined category): 45 percent increase
  • Rose to $581 million (not seen since 2010)
  • Increased 89 percent from $307 million in 2016 (record high was $743 million in 2007)
     
  • New auto loans: 0 percent change
  • Remained at a record of $1.6 billion (not seen since 2017)
  • Increased 103 percent from $787 million in 2012 (prior historical peak was $1.5 billion in 2007)
     
  • Used auto loans: 20 percent increase
  • Hit a record of $1.8 billion
  • Increased 128 percent from $804 million in 2011 (prior historical peak was $923 million in 2008)
     
  • Credit card lending: 5 percent increase
  • Rose to $351 million (not seen since 2018)
  • Increased 20 percent from $292 million in 2013 (record high was $406 million in 2008)
     
  • Business loans: 28 percent increase
  • Reached $335 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2006 – 2021 from $53 million – $335 million


Total Deposits: $14.3 billion (22 percent increase)

  • Increased 100 percent from $7.2 billion in 2014
  • Hit a record (prior historical peak was $6.6 billion in 2009)
  • ($16 billion in assets)
  • *Percentage increases and/or decreases represent dollar amount changes


     
  • Checking accounts (share drafts): 23 percent increase
  • Hit a record of $3.1 billion
  • Increased 278 percent from $828 million in 2007 (prior historical peak was $853 million in 2006)
     
  • Savings accounts (regular shares): 28 percent increase
  • Hit a record of $7.8 billion
  • Increased 341 percent from $1.8 billion in 2007 (prior historical peak was $1.9 billion in 2006)
     
  • Money market accounts: 29 percent increase
  • Hit a record of $1.3 billion
  • Increased 52 percent from $876 million in 2018 (prior historical peak was $929 million in 2017)
     
  • Certificates of deposit: 1 percent increase
  • Rose to $1.34 billion (not seen since early 2020)
  • Increased 8 percent from $1.25 billion in 2018 (record high was $2.6 billion in 2008)
     
  • IRA/Keogh accounts: 4 percent increase
  • Rose to $503 million (not seen since 2018)
  • Declined from a record high of $675 million in 2009
 

Operations: $117 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $467 million)
  • About 2,470 individuals were employed (7 percent increase)
California and Nevada Credit Union Leagues