15 Locally Headquartered Credit Unions

Eight counties include: Clark, Churchill, Elko, Mineral, Washoe, Carson City, Lincoln, and Washoe
 

Members: 373,000 (2 percent increase)

  • 6,000 new members
  • Reached a level not seen since 2010
  • Up 17 percent from 319,000 in 2013 (record high was 383,000 in 2008)


Loans: $3.5 billion (10 percent increase) 

  • Increased 86 percent from $1.9 billion in 2013
  • Hit a record (last historical peak was $3 billion in 2008)
  • 60 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: 14 percent increase
  • Hit a record of $1.5 billion
  • Increased 57 percent from $982 million in 2013 (last historical peak was $1.25 billion in 2009)
     
  • HELOCs/home equity loans (combined category): -6 percent decrease
  • Dropped from an intermittent peak ($177 million in 2019) to $166 million (not seen since 2013)
  • Increased 26 percent from $132 million in 2016 (record high was $417 million in 2006)
     
  • New auto loans: -8 percent decrease
  • Dropped from an intermittent peak ($435 million in 2019) to $400 million (not seen since early 2018)
  • Increased 264 percent from $110 million in 2013 (record high was $657 million in 2006)
     
  • Used auto loans: 0 percent change
  • Remained at a record of $902 million
  • Increased 134 percent from $385 million in 2011 (last historical peak was $502 million in 2008)
     
  • Credit card lending: -15 percent decrease
  • Dropped from a record ($89 million in 2017) to $74 million (not seen since 2014)
  • Increased 16 percent from $64 million in 2012 (last historical peak was $79 million in 2008)
     
  • Business loans: 62 percent increase
  • Reached $587 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2005 – 2020 from $86 million – $587 million


Deposits: $5.8 billion (24 percent increase)

  • Increased 84 percent from $3.2 billion in 2012
  • Hit a record (last historical peak was $3.6 billion in 2009)
  • ($6.6 billion in assets)
  • Checking accounts (share drafts): 31 percent increase
  • Hit a record of $1.45 billion
  • Increased 216 percent from $456 million in 2007 (last historical peak was $501 million in 2005)
     
  • Savings accounts (regular shares): 30 percent increase
  • Hit a record of $2.7 billion
  • Increased 180 percent from $957 million in 2007 (last historical peak was $1.2 billion in 2005)
     
  • Money market accounts: 13 percent increase
  • Hit a record of $1.1 billion
  • Increased 58 percent from $706 million in 2012 (last historical peak was $857 million in 2009)
     
  • Certificates of deposit: 3 percent increase
  • Rose to $345 million (not seen since 2011)
  • Increased 46 percent from $237 million in 2017 (record high was $942 million in 2008)
     
  • IRA/Keogh accounts: 7 percent increase
  • Rose to $222 million (not seen since 2018)
  • Increased 7 percent from $208 million in 2019 (record high was $346 million in 2009)

Operations: $66 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $264 million)
  • About 1,240 individuals were employed (-2 percent decrease)
California and Nevada Credit Union Leagues