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)
California and Nevada Credit Union Leagues