8 Locally Headquartered Credit Unions
Five counties include: Humboldt, Del Norte, Lassen, Shasta, and Siskiyou
Members: 125,000 (4 percent increase)
- 4,500 new members
- Hit a record
- Up 28 percent from 98,000 in 2014 (last historical peak was 100,000 in 2013)
Loans: $1.3 billion (10 percent increase)
- Increased 116 percent from $595 million in 2011
- Hit a record (last historical peak was $633 million in 2008)
- 59 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: 16 percent increase
- Hit a record of $627 million
- Increased 109 percent from $300 million in 2010 (category has always risen since 2005)
- HELOCs/home equity loans (combined category): 3 percent increase
- Rose to $61 million (not seen since 2012)
- Increased 36 percent from $45 million in 2015 (historical peak was $92 million in 2008)
- New auto loans: -8 percent decrease
- Dropped from a record ($225 million in 2019) to $207 million (not seen since 2018)
- Increased 381 percent from $43 million in 2011 (last historical peak was $82 million in 2006)
- Used auto loans: 4 percent increase
- Hit a record of $275 million
- Increased 143 percent from $113 million in 2012 (last historical peak was $174 million in 2006)
- Credit card lending: -15 percent decrease
- Dropped from a record ($26 million in 2019) to $22 million (not seen since 2016)
- Increased 38 percent from $16 million in 2005 (category has always risen since 2005)
- Business loans: 24 percent increase
- Reached $167 million (includes landlord real estate loans)
- Category has fluctuated greatly between 2005 – 2020 from $51 million – $167 million
Deposits: $2.2 billion (18 percent increase)
- Increased 100 percent from $1.1 billion in 2011
- Hit a record (category has always risen from 2005 – 2020)
- ($2.7 billion in assets)
- Checking accounts (share drafts): 32 percent increase
- Hit a record of $545 million
- Increased 387 percent from $112 million in 2009 (last historical peak was $116 million in 2005)
- Savings accounts (regular shares): 22 percent increase
- Hit a record of $482 million
- Increased 152 percent from $191 million in 2007 (last historical peak was $221 million in 2005)
- Money market accounts: 20 percent increase
- Hit a record of $630 million
- Increased 129 percent from $275 million in 2010 (category has always risen since 2005)
- Certificates of deposit: 4 percent increase
- Hit a record $446 million
- Increased 72 percent from $259 million in 2015 (last historical peak was $342 million in 2009)
- IRA/Keogh accounts: 3 percent increase
- Hit a record $108 million
- Increased 15 percent from $94 million in 2014 (last historical peak was $97 million in 2012)
Operations: $16 million spent
Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $64 million)
- About 400 individuals were employed (0 percent change)