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)
California and Nevada Credit Union Leagues