8 Locally Headquartered Credit Unions

Five counties include: Humboldt, Del Norte, Lassen, Shasta, and Siskiyou
 


Members: 127,000 (5 percent increase)

  • 5,500 new members
  • Hit a record
  • Up 34 percent from 95,000 in 2010 (last historical peak was 96,000 in 2008)
     

Loans: $1.3 billion (5 percent increase)

  • Increased 118 percent from $590 million in 2011
  • Hit a record (last historical peak was $629 million in 2008)
  • 54 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: 9 percent increase
  • Hit a record of $636 million
  • Increased 93 percent from $329 million in 2012 (category has always risen since 2005)
     
  • HELOCs/home equity loans (combined category): -1 percent decrease
  • Dropped from an intermittent peak ($60 million in 2019) to $59 million (not seen since early 2019)
  • Increased 37 percent from $43 million in 2015 (record high was $93 million in 2008)
     
  • New auto loans: -10 percent decrease
  • Dropped from a record ($229 million in 2019) to $206 million (not seen since 2018)
  • Increased 379 percent from $43 million in 2011 (last historical peak was $82 million in 2006)
     
  • Used auto loans: 4 percent increase
  • Hit a record of $278 million
  • Increased 148 percent from $112 million in 2012 (last historical peak was $175 million in 2006)
     
  • Credit card lending: -15 percent decrease
  • Dropped from a record ($26 million in 2019) to $22 million (not seen since 2014)
  • Increased 38 percent from $16 million in 2005 (category has always risen since 2005)
     
  • Business loans: 10 percent increase
  • Reached $169 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2005 – 2020 from $49 million – $169 million


Deposits: $2.4 billion (23 percent increase)

  • Increased 100 percent from $1.2 billion in 2013
  • Hit a record (category has always risen from 2005 – 2020)
  • ($2.8 billion in assets)
  • Checking accounts (share drafts): 44 percent increase
  • Hit a record of $589 million
  • Increased 435 percent from $110 million in 2007 (last historical peak was $114 million in 2006)
     
  • Savings accounts (regular shares): 28 percent increase
  • Hit a record of $507 million
  • Increased 173 percent from $186 million in 2007 (last historical peak was $216 million in 2005)
     
  • Money market accounts: 25 percent increase
  • Hit a record of $664 million
  • Increased 134 percent from $284 million in 2010 (category has always risen since 2005)
     
  • Certificates of deposit: -1 percent decrease
  • Dropped from a record ($445 million in 2019) to $442 million (not seen since early 2019)
  • Increased 71 percent from $259 million in 2014 (last historical peak was $340 million in 2008)
     
  • IRA/Keogh accounts: 3 percent increase
  • Hit a record $108 million
  • Increased 16 percent from $93 million in 2014 (last historical peak was $97 million in 2012)
 

Operations: $18 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $72 million)
  • About 400 individuals were employed (-1 percent decrease)
California and Nevada Credit Union Leagues