8 Locally Headquartered Credit Unions

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


Members: 128,000 (5 percent increase)

  • 6,000 new members
  • Hit a record
  • Up 29 percent from 99,000 in 2015 (last historical peak was 101,000 in 2013)
     

Loans: $1.3 billion (8 percent increase)

  • Increased 125 percent from $588 million in 2012
  • Hit a record (last historical peak was $632 million in 2009)
  • 52 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: 10 percent increase
  • Hit a record of $652 million
  • Increased 100 percent from $326 million in 2012 (category has always risen since 2006)
     
  • HELOCs/home equity loans (combined category): 14 percent increase
  • Rose to $68 million (not seen since 2011)
  • Increased 45 percent from $47 million in 2016 (record high was $91 million in 2009)
     
  • New auto loans: -8 percent decrease
  • Declined from a record ($223 million in 2020) to $205 million (not seen since 2018)
  • Increased 377 percent from $43 million in 2012 (last historical peak was $81 million in 2007)
     
  • Used auto loans: 3 percent increase
  • Hit a record of $277 million
  • Increased 145 percent from $113 million in 2013 (last historical peak was $175 million in 2008)
     
  • Credit card lending: -20 percent decrease
  • Declined from a record ($25 million in 2019) to $20 million (not seen since 2012)
  • Increased 25 percent from $16 million in 2006 (category has almost always risen since 2006)
     
  • Business loans: 22 percent increase
  • Reached $188 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2006 – 2021 from $50 million – $188 million


Deposits: $2.5 billion (26 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): 42 percent increase
  • Hit a record of $604 million
  • Increased 444 percent from $111 million in 2008 (last historical peak was $120 million in 2007)
     
  • Savings accounts (regular shares): 39 percent increase
  • Hit a record of $564 million
  • Increased 197 percent from $190 million in 2008 (last historical peak was $217 million in 2006)
     
  • Money market accounts: 30 percent increase
  • Hit a record of $709 million
  • Increased 100 percent from $355 million in 2012 (category has always risen since 2006)
     
  • Certificates of deposit: -2 percent decrease
  • Declined from a record ($447 million in 2020) to $437 million (not seen since early 2019)
  • Increased 70 percent from $257 million in 2014 (last historical peak was $343 million in 2009)
     
  • IRA/Keogh accounts: 3 percent increase
  • Hit a record $108 million
  • Increased 16 percent from $93 million in 2015 (last historical peak was $96 million in 2013)
 

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 (-2 percent decrease)
California and Nevada Credit Union Leagues