8 Locally Headquartered Credit Unions
One county includes: Sacramento
Members: 1.4 million (2 percent increase)
- 27,300 new members
- Hit a record
- Up 68 percent from 831,000 in 2011 (last historical peak was 941,000 in 2009)
Loans: $12.6 billion (3 percent increase)
- Increased 147 percent from $5.1 billion in 2012
- Hit a record (last historical peak was $6.6 billion in 2006)
- 68 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: 18 percent increase
- Hit a record of $5.3 billion
- Increased 161 percent from $2 billion in 2011 (last historical peak was $2.2 billion in 2008)
- HELOCs/home equity loans (combined category): -20 percent decrease
- Dropped from an intermittent peak ($553 million in 2019) to $442 million (not seen since before 2005)
- Fallen 74 percent from a record high of $1.7 billion in 2007
- New auto loans: -11 percent decrease
- Dropped from an intermittent peak ($3.3 billion in 2019) to $2.9 billion (not seen since 2016)
- Increased 416 percent from $568 million in 2011 (record high was $3.5 billion in 2018)
- Used auto loans: 1 percent increase
- Remained near a record of $2.7 billion
- Increased 219 percent from $858 million in 2008 (last historical peak was $1.1 billion in 2006)
- Credit card lending: -8 percent decrease
- Dropped from a record ($596 million in 2019) to $547 million (not seen since 2017)
- Increased 89 percent from $290 million in 2011 (last historical peak was $309 million in 2009)
- Business loans: 2 percent increase
- Reached $265 million (includes landlord real estate loans)
- Category has fluctuated greatly between 2005 – 2020 from $152 million – $371 million
Deposits: $18.5 billion (22 percent increase)
- Increased 105 percent from $9 billion in 2010
- Hit a record
- ($21 billion in assets)
- Checking accounts (share drafts): 60 percent increase
- Hit a record of $2.1 billion
- Increased 256 percent from $600 million in 2008 (last historical peak was $1.2 billion in 2006)
- Savings accounts (regular shares): 20 percent increase
- Hit a record of $7.3 billion
- Increased 397 percent from $1.5 billion in 2006 (last historical peak was $1.8 billion in 2005)
- Money market accounts: 22 percent increase
- Hit a record of $5.5 billion
- Increased 317 percent from $1.3 billion in 2007 (last historical peak was $1.5 billion in 2005)
- Certificates of deposit: 5 percent increase
- Rose to $2.5 billion (not seen since 2009)
- Increased 86 percent from $1.4 billion in 2014 (record high was $3.2 billion in 2007)
- IRA/Keogh accounts: 2 percent increase
- Rose to $703 million (not seen since 2017)
- Increased 1 percent from $693 million in 2019 (record high was $787 million in 2011)
Operations: $134 million spent
Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $536 million)
- About 2,910 individuals were employed (6 percent increase)