36 Locally Headquartered Credit Unions

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

 

Members: 1.06 million (1 percent increase)

  • 13,500 new members
  • Hit a record
  • Up 20 percent from 886,000 in 2012 (last historical peak was 903,000 in 2009)
     

Loans: $6.7 billion (3 percent increase)

  • Increased 72 percent from $3.9 billion in 2012
  • Hit a record (last historical peak was $5.2 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: 17 percent increase
  • Hit a record of $2.1 billion
  • Increased 88 percent from $1.1 billion in 2012 (last historical peak was $1.2 billion in 2009)
     
  • HELOCs/home equity loans (combined category): 9 percent increase
  • Rose to $412 million (not seen since 2012)
  • Increased 30 percent from $318 million in 2017 (historical peak was $728 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 2018)
  • Increased 107 percent from $773 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 $1.5 billion (not seen since 2017)
  • Increased 83 percent from $858 million in 2011 (last historical peak was $977 million in 2009)
     
  • Credit card lending: 7 percent decrease
  • Dropped from an intermittent peak ($376 million in 2019) to $351 million (not seen since 2018)
  • Increased 19 percent from $296 million in 2012 (historical record high was $388 million in 2008)
     
  • Business loans: 6 percent increase
  • Reached $219 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2005 – 2020 from $31 million – $224 million


Deposits: $11.3 billion (16 percent increase)

  • Increased 68 percent from $6.7 billion in 2011
  • Hit a record (last historical peak was $7.1 billion in 2009)
  • ($13 billion in assets)
  • Checking accounts (share drafts): 21 percent increase
  • Hit a record of $2.4 billion
  • Increased 166 percent from $901 million in 2008 (last historical peak was $945 million in 2007)
     
  • Savings accounts (regular shares): 17 percent increase
  • Hit a record of $5.9 billion
  • Increased 198 percent from $2 billion in 2008 (last historical peak was $2.4 billion in 2005)
     
  • Money market accounts: 10 percent increase
  • Hit a record of $952 million
  • Increased 10 percent from $867 million in 2019 (last historical peak was $928 million in 2017)
     
  • Certificates of deposit: 2 percent increase
  • Rose to $1.3 billion (not seen since 2016)
  • Increased 4 percent from $1.25 billion in 2018 (historical peak was $2.8 billion in 2008)
     
  • IRA/Keogh accounts: 1 percent decrease
  • Dropped to a previous amount not seen since 2006 ($492 million)
  • Fallen 31 percent from a record high of $714 million in 2010
 

Operations: $105 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $421 million) 
  • About 2,400 individuals were employed (3 percent decrease)
California and Nevada Credit Union Leagues