8 Locally Headquartered Credit Unions

One county includes: Sacramento

 

Members: 1.4 million (2 percent increase)

  • 24,000 new members
  • Hit a record
  • Up 69 percent from 835,000 in 2010 (last historical peak was 923,000 in 2009)
     

Loans: $12.5 billion (3 percent increase)

  • Increased 147 percent from $5.1 billion in 2012
  • Hit a record (last historical peak was $6.5 billion in 2006)
  • 64 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: 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: 17 percent increase
  • Hit a record of $5.4 billion
  • Increased 168 percent from $2 billion in 2011 (last historical peak was $2.2 billion in 2008)
     
  • HELOCs/home equity loans (combined category): -23 percent decrease
  • Dropped from an intermittent peak ($539 million in 2019) to $419 million (not seen since before 2005)
  • Fallen 76 percent from a record high of $1.7 billion in 2007
     
  • New auto loans: -10 percent decrease
  • Dropped from a record ($3.5 billion in 2018) to $2.9 billion (not seen since 2016)
  • Increased 401 percent from $569 million in 2011 (last historical peak was $1.5 billion in 2005)
     
  • Used auto loans: 3 percent increase
  • Dropped from a record ($2.8 billion in 2018) to $2.7 billion (not seen since 2017)
  • Increased 221 percent from $850 million in 2008 (last historical peak was $1.1 billion in 2006)
     
  • Credit card lending: -12 percent decrease
  • Dropped from a record ($626 million in 2019) to $550 million (not seen since 2017)
  • Increased 84 percent from $299 million in 2011 (last historical peak was $317 million in 2009)
     
  • Business loans: 3 percent increase
  • Reached $267 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2005 – 2020 from $154 million – $381 million


Deposits: $19.4 billion (27 percent increase)

  • Increased 100 percent from $9.7 billion in 2013
  • Hit a record (category has always risen from 2005 – 2020)
  • ($21.9 billion in assets)
  • Checking accounts (share drafts): 85 percent increase
  • Hit a record of $2.4 billion
  • Increased 292 percent from $622 million in 2008 (last historical peak was $1.2 billion in 2006)
     
  • Savings accounts (regular shares): 25 percent increase
  • Hit a record of $7.6 billion
  • Increased 448 percent from $1.4 billion in 2006 (last historical peak was $1.7 billion in 2005)
     
  • Money market accounts: 30 percent increase
  • Hit a record of $6 billion
  • Increased 359 percent from $1.3 billion in 2007 (last historical peak was $1.5 billion in 2005)
     
  • Certificates of deposit: -4 percent decrease
  • Dropped from an intermittent peak ($2.5 billion in 2019) to $2.4 billion (not seen since early 2019)
  • Increased 70 percent from $1.4 billion in 2013 (record high was $3.1 billion in 2007)
     
  • IRA/Keogh accounts: 2 percent increase
  • Rose to $706 million (not seen since 2013)
  • Increased 2 percent from $690 million in 2019 (record high was $784 million in 2011)
 

Operations: $127 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $506 million)
  • About 2,950 individuals were employed (6 percent increase)
California and Nevada Credit Union Leagues