36 Locally Headquartered Credit Unions

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

 

Members: 1.1 million (3 percent increase)

  • 35,700 new members
  • Hit a record
  • Up 24 percent from 892,000 in 2012 (last historical peak was 903,000 in 2010)
     

Loans: $6.9 billion (3 percent increase)

  • Increased 78 percent from $3.9 billion in 2012
  • Hit a record (last historical peak was $5.2 billion in 2008)
  • 52 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: 10 percent increase
  • Hit a record of $2.2 billion
  • Increased 100 percent from $1.1 billion in 2012 (last historical peak was $1.2 billion in 2009)
     
  • HELOCs/home equity loans (combined category): 7 percent increase
  • Rose to $433 million (not seen since 2012)
  • Increased 41 percent from $307 million in 2016 (record high was $731 million in 2008)
     
  • New auto loans: -5 percent decrease
  • Declined from a record ($1.7 billion in 2019) to $1.6 billion (not seen since 2017)
  • Increased 107 percent from $771 million in 2012 (last historical peak was $1.6 billion in 2007)
     
  • Used auto loans: 0 percent change
  • Declined from a record ($1.64 billion in 2019) to $1.6 billion (remained here from 2020)
  • Increased 87 percent from $861 million in 2011 (last historical peak was $984 million in 2009)
     
  • Credit card lending: -14 percent decrease
  • Declined from a record ($379 million in 2020) to $325 million (not seen since 2016)
  • Increased 11 percent from $293 million in 2012 (last historical peak was $375 million in 2008)
     
  • Business loans: 26 percent increase
  • Reached $281 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2006 – 2021 from $49 million – $281 million


Deposits: $13.3 billion (29 percent increase)

  • Increased 94 percent from $6.8 billion in 2011
  • Hit a record (last historical peak was $7.1 billion in 2009)
  • ($15 billion in assets)
  • *Percentage increases and/or decreases represent dollar amount changes
  • Checking accounts (share drafts): 39 percent increase
  • Hit a record of $2.9 billion
  • Increased 220 percent from $913 million in 2008 (last historical peak was $970 million in 2007)
     
  • Savings accounts (regular shares): 36 percent increase
  • Hit a record of $7.1 billion
  • Increased 267 percent from $1.9 billion in 2008 (last historical peak was $2.4 billion in 2006)
     
  • Money market accounts: 21 percent increase
  • Hit a record of $1.1 billion
  • Increased 25 percent from $873 million in 2019 (last historical peak was $940 million in 2018)
     
  • Certificates of deposit: 8 percent increase
  • Rose to $1.4 billion (not seen since 2013)
  • Increased 9 percent from $1.25 billion in 2019 (record high was $2.8 billion in 2008)
     
  • IRA/Keogh accounts: 3 percent increase
  • Rose to $501 million (not seen since 2018)
  • Declined from a record high of $689 million in 2010
 

Operations: $104 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $414 million)
  • About 2,400 individuals were employed (-2 percent decrease)
California and Nevada Credit Union Leagues