8 Locally Headquartered Credit Unions

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

 

Members: 123,000 (3 percent increase)

  • 4,000 new members
  • Hit a record
  • Up 26 percent from 98,000 in 2014 (last historical peak was 101,000 in 2013)
     

Loans: $1.3 billion (12 percent increase)

  • Increased 114 percent from $590 million in 2012
  • Hit a record (last historical peak was $628 million in 2009)
  • 62 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: 17 percent increase
  • Hit a record of $614 million
  • Increased 107 percent from $296 million in 2010 (category has always risen since 2005)
     
  • HELOCs/home equity loans (combined category): 4 percent increase
  • Rose to $58 million (not seen since 2013)
  • Increased 26 percent from $46 million in 2016 (historical peak was $89 million in 2008
     
  • New auto loans: 2 percent decrease
  • Dropped from $219 million in 2019 to $214 million (not seen since 2018)
  • Increased 386 percent from $44 million in 2012 (last historical peak was $81 million in 2006
     
  • Used auto loans: 5 percent increase
  • Hit a record of $271 million
  • Increased 140 percent from $113 million in 2013 (last historical peak was $174 million in 2007)
     
  • Credit card lending: 12 percent decrease
  • Dropped from a record ($25 million in 2019) to $22 million (not seen since 2015)
  • Increased 47 percent from $15 million in 2005 (category has always risen since 2005)
     
  • Business loans: 39 percent increase
  • Reached $169 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2005 – 2020 from $49 million – $169 million


Deposits: $2.1 billion (16 percent increase)

  • Increased 100 percent from $1.05 billion in 2011
  • Hit a record (category has always risen from 2005 – 2020)
  • ($2.6 billion in assets)
  • Checking accounts (share drafts): 30 percent increase
  • Hit a record of $514 million
  • Increased 328 percent from $120 million in 2010 (category has almost always risen since 2005)
     
  • Savings accounts (regular shares): 15 percent increase
  • Hit a record of $450 million
  • Increased 130 percent from $196 million in 2008 (last historical peak was $222 million in 2005
     
  • Money market accounts: 16 percent increase
  • Hit a record of $595 million
  • Increased 116 percent from $275 million in 2010 (category has always risen since 2005
     
  • Certificates of deposit: 7 percent increase
  • Hit a record $446 million
  • Increased 72 percent from $260 million in 2014 (last historical peak was $343 million in 2009
     
  • IRA/Keogh accounts: 2 percent increase
  • Hit a record $107 million
  • Increased 14 percent from $94 million in 2015 (last historical peak was $97 million in 2012)
 

Operations: $12 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $47 million) 
  • About 410 individuals were employed (4 percent increase)
California and Nevada Credit Union Leagues