8 Locally Headquartered Credit Unions

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

Members: 129,000 (5 percent increase)

  • 6,000 new members
  • Hit a record
  • Up 37 percent from 94,000 in 2011 (prior historical peak was 97,000 in 2008)


     

Total Loans: $1.4 billion (9 percent increase)

  • Increased 133 percent from $590 million in 2012
  • Hit a record (prior historical peak was $628 million in 2009)
  • 56 percent loan-to-deposit ratio (loaned out)
  • *Percentage increases and/or decreases represent dollar amount changes
  • **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: 11 percent increase
  • Hit a record of $683 million
  • Increased 100 percent from $342 million in 2013 (category has always risen since 2006)
     
  • HELOCs/home equity loans (combined category): 0 percent change
  • Remained at $58 million
  • Increased 26 percent from $46 million in 2016 (record high was $89 million in 2008)
     
  • New auto loans: -5 percent decrease
  • Declined from a record ($219 million in 2019) to $203 million (not seen since 2018)
  • Increased 361 percent from $44 million in 2012 (prior historical peak was $81 million in 2006)
     
  • Used auto loans: 7 percent increase
  • Hit a record of $290 million
  • Increased 157 percent from $113 million in 2013 (prior historical peak was $174 million in 2008)
     
  • Credit card lending: -8 percent decrease
  • Declined from a record ($25 million in 2019) to $20 million (not seen since 2012)
  • Increased 18 percent from $17 million in 2006 (category has almost always risen since 2006)
     
  • Business loans: 9 percent increase
  • Reached $184 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2006 – 2021 from $52 million – $184 million


Total Deposits: $2.5 billion (17 percent increase)

  • Increased 100 percent from $1.25 billion in 2014
  • Hit a record (category has always risen from 2006 – 2021)
  • ($2.9 billion in assets)
  • *Percentage increases and/or decreases represent dollar amount changes


     
  • Checking accounts (share drafts): 21 percent increase
  • Hit a record of $622 million
  • Increased 450 percent from $113 million in 2009 (prior historical peak was $115 million in 2007)
     
  • Savings accounts (regular shares): 38 percent increase
  • Hit a record of $618 million
  • Increased 215 percent from $196 million in 2008 (prior historical peak was $209 million in 2006)
     
  • Money market accounts: 32 percent increase
  • Hit a record of $788 million
  • Increased 100 percent from $394 million in 2013 (category has always risen since 2006)
     
  • Certificates of deposit: -23 percent decrease
  • Declined from a record ($446 million in 2020) to $342 million (not seen since early 2018)
  • Increased 32 percent from $260 million in 2014 (prior historical peak was $343 million in 2009)
     
  • IRA/Keogh accounts: 3 percent increase
  • Hit a record $110 million
  • Increased 17 percent from $94 million in 2015 (prior 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 410 individuals were employed (0 percent change)
California and Nevada Credit Union Leagues