15 Locally Headquartered Credit Unions

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

 

Members: 371,000 (2 percent increase)

  • 7,300 new members
  • Reached a level not seen since 2010
  • Up 16 percent from 321,000 in 2014 (record high was 383,000 in 2008)
     

Loans: $3.4 billion (9 percent increase)

  • Increased 81 percent from $1.9 billion in 2013
  • Hit a record (last historical peak was $3 billion in 2008)
  • 63 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: 7 percent increase
  • Hit a record of $1.4 billion
  • Increased 41 percent from $991 million in 2013 (last historical peak was $1.3 billion in 2008)
     
  • HELOCs/home equity loans (combined category): 2 percent decrease
  • Dropped to $175 million (not seen since 2013)
  • Increased 33 percent from $132 million in 2016 (record high was $416 million in 2006)
     
  • New auto loans: 6 percent decrease
  • Dropped from an intermittent peak ($427 million in 2019) to $404 million (not seen since early 2019)
  • Increased 264 percent from $111 million in 2014 (record high was $660 million in 2006)
     
  • Used auto loans: 0 percent change
  • Remained at a record high of $884 million
  • Increased 134 percent from $378 million in 2011 (last historical peak was $503 million in 2005)
     
  • Credit card lending: 10 percent decrease
  • Dropped from a record ($85 million in 2018) to $75 million (not seen since 2015)
  • Increased 23 percent from $61 million in 2013 (last historical peak was $76 million in 2008)
     
  • Business loans: 13 percent increase
  • Reached $394 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2005 – 2020 from $68 million – $394 million


Deposits: $5.4 billion (17 percent increase)

  • Increased 68 percent from $3.2 billion in 2011
  • Hit a record (last historical peak was $3.7 billion in 2009)
  • ($6.2 billion in assets)
  • Checking accounts (share drafts): 24 percent increase
  • Hit a record of $1.4 billion
  • Increased 173 percent from $494 million in 2008 (last historical peak was $508 million in 2006)
     
  • Savings accounts (regular shares): 19 percent increase
  • Hit a record of $2.4 billion
  • Increased 142 percent from $997 million in 2008 (last historical peak was $1.2 billion in 2005)
     
  • Money market accounts: 7 percent increase
  • Hit a record of $1 billion
  • Increased 44 percent from $716 million in 2013 (last historical peak was $874 million in 2009)
     
  • Certificates of deposit: 27 percent increase
  • Rose to $340 million (not seen since 2012)
  • Increased 44 percent from $236 million in 2018 (record high was $977 million in 2008)
     
  • IRA/Keogh accounts: 1 percent decrease
  • Dropped to a previous amount not seen since 2005 ($211 million)
  • Fallen 40 percent from a record high of $352 million in 2009
     

Operations: $55 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $220 million)
  • About 1,260 individuals were employed (1 percent increase)
California and Nevada Credit Union Leagues