8 Locally Headquartered Credit Unions

One county includes: Sacramento

 

Members: 1.4 million (3 percent increase)

  • 43,100 new members
  • Hit a record
  • Up 69 percent from 827,000 in 2011 (last historical peak was 916,000 in 2010)
     

Loans: $12.3 billion (1 percent increase)

  • Increased 142 percent from $5.1 billion in 2013
  • Hit a record (last historical peak was $6.5 billion in 2006)
  • 70 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: 15 percent increase
  • Hit a record of $5.1 billion
  • Increased 148 percent from $2.1 billion in 2011 (last historical peak was $2.2 billion in 2008)
     
  • HELOCs/home equity loans (combined category): 15 percent decrease
  • Dropped from an intermittent peak ($563 million in 2019) to $479 million (not seen since 2017)
  • Increased 4 percent from $460 million in 2017 (record high was $1.7 billion in 2008
     
  • New auto loans: 13 percent decrease
  • Dropped from a record ($3.4 billion in 2019) to $3 billion (not seen since 2017)
  • Increased 415 percent from $574 million in 2012 (last historical peak was $1.5 billion in 2006
     
  • Used auto loans: 3 percent decrease
  • Dropped from a record ($2.8 billion in 2019) to $2.7 billion (not seen since 2018)
  • Increased 211 percent from $857 million in 2008 (last historical peak was $1.1 billion in 2006
     
  • Credit card lending: 4 percent decrease
  • Dropped from a record ($582 million in 2019) to $558 million (not seen since 2018)
  • Increased 93 percent from $289 million in 2011 (last historical peak was $302 million in 2010
     
  • Business loans: 4 percent decrease
  • Dropped to $258 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2005 – 2020 from $134 million – $394 million


Deposits: $17.7 billion (20 percent increase)

  • Increased 98 percent from $8.9 billion in 2010
  • Hit a record
  • ($20.2 billion in assets)
  • Checking accounts (share drafts): 59 percent increase
  • Hit a record of $2.1 billion
  • Increased 169 percent from $788 million in 2012 (last historical peak was $856 million in 2010)
     
  • Savings accounts (regular shares): 14 percent increase
  • Hit a record of $6.9 billion
  • Increased 338 percent from $1.6 billion in 2006 (last historical peak was $1.8 billion in 2005
     
  • Money market accounts: 10 percent increase
  • Hit a record of $5.1 billion
  • Increased 287 percent from $1.3 billion in 2007 (last historical peak was $1.5 billion in 2005
     
  • Certificates of deposit: 28 percent increase
  • Rose to $2.6 billion (not seen since 2009)
  • Increased 91 percent from $1.4 billion in 2014 (record high was $3 billion in 2008
     
  • IRA/Keogh accounts: 1 percent increase
  • Dropped from an intermittent peak ($704 million in 2017) to $699 million (not seen since 2017)
  • Increased 1 percent from $694 million in 2016 (record high was $792 million in 2012)
 

Operations: $131 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $523 million) 
  • About 2,810 individuals were employed (2 percent increase)
California and Nevada Credit Union Leagues