134 Locally Headquartered Credit Unions

Four counties include: Los Angeles, Orange, San Bernardino, and Riverside

 

Members: 5.4 million (1 percent increase)

  • 25,200 new members
  • Hit a record
  • Up 42 percent from 3.8 million in 2010 (yearly membership has almost always risen from 2006 – 2021)
     

Loans: $57.4 billion (-3 percent decrease)

  • Declined from a record $59.4 billion in 2020 (last historical peak was $36 billion in 2008)
  • Increased 103 percent from $28.7 billion in 2012
  • 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: 3 percent increase
  • Hit a record of $31.1 billion
  • Increased 107 percent from $15.1 billion in 2013 (last historical peak was $17.4 billion in 2009)
     
  • HELOCs/home equity loans (combined category): -23 percent decrease
  • Declined from an intermittent peak ($4.9 billion in 2020) to $3.8 billion (not seen since before 2006)
  • Record high was $6.5 billion in 2009
     
  • New auto loans: -16 percent decrease
  • Declined from a record ($7.5 billion in 2020) to $6.3 billion (not seen since 2018)
  • Increased 312 percent from $1.5 billion in 2012 (last historical peak was $5.3 billion in 2007)
     
  • Used auto loans: -3 percent decrease
  • Declined from a record ($9.8 billion in 2020) to $9.5 billion (not seen since late 2020)
  • Increased 207 percent from $3.1 billion in 2011 (last historical peak was $4.3 billion in 2007)
     
  • Credit card lending: -16 percent decrease
  • Declined from a record ($2.8 billion in 2020) to $2.3 billion (not seen since 2017)
  • Increased 36 percent from $1.7 billion in 2011 (last historical peak was $1.8 billion in 2010)
     
  • Business loans: 10 percent increase
  • Reached $6.5 billion (includes landlord real estate loans)
  • Category has fluctuated greatly between 2006 – 2021 from $3.5 billion – $6.5 billion


Deposits: $95.5 billion (23 percent increase)

  • Increased 100 percent from $48 billion in 2013
  • Hit a record (category has always risen from 2006 – 2021)
  • ($108 billion in assets)
  • *Percentage increases and/or decreases represent dollar amount changes
  • Checking accounts (share drafts): 33 percent increase
  • Hit a record of $14.9 billion
  • Increased 274 percent from $4 billion in 2009 (last historical peak was $4.8 billion in 2006)
     
  • Savings accounts (regular shares): 37 percent increase
  • Hit a record of $37.4 billion
  • Increased 330 percent from $8.7 billion in 2008 (last historical peak was $10.2 billion in 2006)
     
  • Money market accounts: 32 percent increase
  • Hit a record of $22 billion
  • Increased 100 percent from $11 billion in 2011 (has always risen from 2006 – 2021)
     
  • Certificates of deposit: -7 percent decrease
  • Declined from a record ($17.5 billion in 2020) to $16.3 billion (not seen since 2019)
  • Increased 68 percent from $9.7 billion in 2013 (last historical peak was $15.6 billion in 2008)
     
  • IRA/Keogh accounts: 4 percent increase
  • Hit a record of $4.3 billion
    Increased 12 percent from $3.9 billion in 2015 (last historical peak was $4.2 billion in 2011)
 

Operations: $676 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $2.7 billion)
  • About 13,770 individuals were employed (-1 percent decrease)
California and Nevada Credit Union Leagues