8 Locally Headquartered Credit Unions

One county includes: Sacramento

 

Members: 1.4 million (2 percent increase)

  • 30,700 new members
  • Hit a record
  • Up 71 percent from 831,000 in 2011 (last historical peak was 922,000 in 2010)
     

Loans: $12.5 billion (2 percent increase)

  • Increased 148 percent from $5 billion in 2013
  • Hit a record (last historical peak was $6.4 billion in 2007)
  • 60 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: 14 percent increase
  • Hit a record of $5.5 billion
  • Increased 172 percent from $2 billion in 2013 (last historical peak was $2.2 billion in 2009)
     
  • HELOCs/home equity loans (combined category): -27 percent decrease
  • Declined from an intermittent peak ($551 million in 2019) to $381 million (not seen since before 2006)
  • Fallen 77 percent from a record high of $1.7 billion in 2008
     
  • New auto loans: -10 percent decrease
  • Declined from a record ($3.5 billion in 2019) to $2.8 billion (not seen since 2016)
  • Increased 390 percent from $561 million in 2012 (last historical peak was $1.5 billion in 2006)
     
  • Used auto loans: 3 percent increase
  • Rose to $2.7 billion (nearly prior record in 2019)
  • Increased 221 percent from $854 million in 2009 (last historical peak was $1.1 billion in 2006)
     
  • Credit card lending: -15 percent decrease
  • Declined from a record ($600 million in 2020) to $512 million (not seen since 2016)
  • Increased 79 percent from $286 million in 2011 (last historical peak was $300 million in 2010)
     
  • Business loans: 3 percent increase
  • Reached $266 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2006 – 2021 from $157 million – $382 million


Deposits: $20.7 billion (27 percent increase)

  • Increased 100 percent from $10.4 billion in 2014
  • Hit a record (category has always risen from 2006 – 2021)
  • ($23.1 billion in assets)
  • *Percentage increases and/or decreases represent dollar amount changes
  • Checking accounts (share drafts): 68 percent increase
  • Hit a record of $2.4 billion
  • Increased 274 percent from $627 million in 2009 (last historical peak was $1.2 billion in 2008)
     
  • Savings accounts (regular shares): 32 percent increase
  • Hit a record of $8.6 billion
  • Increased 461 percent from $1.5 billion in 2008 (last historical peak was $1.6 billion in 2007)
     
  • Money market accounts: 36 percent increase
  • Hit a record of $6.5 billion
  • Increased 377 percent from $1.4 billion in 2007 (last historical peak was $1.5 billion in 2006)
     
  • Certificates of deposit: -12 percent decrease
  • Declined from an intermittent peak ($2.7 billion in 2020) to $2.4 billion (not seen since 2019)
  • Increased 71 percent from $1.4 billion in 2014 (record high was $3.1 billion in 2008)
     
  • IRA/Keogh accounts: 3 percent increase
  • Rose to $710 million (not seen since 2014)
  • Increased 3 percent from $692 million in 2020 (record high was $785 million in 2012)
 

Operations: $123 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $491 million)
  • About 2,960 individuals were employed (3 percent increase)
California and Nevada Credit Union Leagues