36 Locally Headquartered Credit Unions

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

 

Members: 1.1 million (2 percent increase)

  • 26,000 new members
  • Hit a record
  • Up 20 percent from 902,000 in 2012 (last historical peak was 908,000 in 2011)
     

Loans: $6.9 billion (2 percent increase)

  • Increased 74 percent from $4 billion in 2011
  • Hit a record (last historical peak was $5.3 billion in 2008)
  • 57 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: 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: 15 percent increase
  • Hit a record of $2.2 billion
  • Increased 101 percent from $1.1 billion in 2011 (last historical peak was $1.2 billion in 2008)
     
  • HELOCs/home equity loans (combined category): -3 percent decrease
  • Rose to $401 million (not seen since 2012)
  • Increased 30 percent from $308 million in 2016 (record high was $748 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 102 percent from $800 million in 2012 (last historical peak was $1.6 billion in 2007)
     
  • Used auto loans: -4 percent decrease
  • Dropped from a record ($1.7 billion in 2019) to $1.6 billion (not seen since 2018)
  • Increased 83 percent from $865 million in 2011 (last historical peak was $979 million in 2008)
     
  • Credit card lending: -13 percent decrease
  • Dropped from an intermittent peak ($397 million in 2019) to $347 million (not seen since 2016)
  • Increased 12 percent from $309 million in 2013 (record high was $419 million in 2008)
     
  • Business loans: 17 percent increase
  • Reached $260 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2005 – 2020 from $43 million – $260 million


Deposits: $12.2 billion (24 percent increase)

  • Increased 83 percent from $6.7 billion in 2010
  • Hit a record (last historical peak was $6.9 billion in 2009)
  • ($13.9 billion in assets)
  • Checking accounts (share drafts): 36 percent increase
  • Hit a record of $2.6 billion
  • Increased 204 percent from $866 million in 2007 (last historical peak was $898 million in 2006)
     
  • Savings accounts (regular shares): 28 percent increase
  • Hit a record of $6.5 billion
  • Increased 244 percent from $1.9 billion in 2007 (last historical peak was $2.4 billion in 2005)
     
  • Money market accounts: 16 percent increase
  • Hit a record of $1 billion
  • Increased 17 percent from $877 million in 2018 (last historical peak was $929 million in 2017)
     
  • Certificates of deposit: 7 percent increase
  • Rose to $1.4 billion (not seen since 2013)
  • Increased 7 percent from $1.26 billion in 2019 (record high was $2.6 billion in 2008)
     
  • IRA/Keogh accounts: 2 percent increase
  • Rose to $496 million (not seen since 2018)
  • Fallen 28 percent from a record high of $690 million in 2009
 

Operations: $110 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $440 million)
  • About 2,400 individuals were employed (-2 percent decrease)
California and Nevada Credit Union Leagues