136 Locally Headquartered Credit Unions

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

 

Members: 5.4 million (5 percent increase)

  • 274,000 new members
  • Hit a record
  • Up 43 percent from 3.8 million in 2010 (yearly membership has almost always risen from 2005 – 2020)
     

Loans: $59.3 billion (6 percent increase)

  • Increased 108 percent from $28.5 billion in 2012
  • Hit a record (last historical peak was $36.3 billion in 2008)
  • 71 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: 12 percent increase
  • Hit a record of $31 billion
  • Increased 103 percent from $15.3 billion in 2013 (last historical peak was $17.5 billion in 2008)
     
  • HELOCs/home equity loans (combined category): 8 percent decrease
  • Dropped from an intermittent peak ($4.9 billion in 2019) to $4.5 billion (not seen since 2018)
  • Increased 18 percent from $3.8 billion in 2015 (record high was $6.3 billion in 2008
     
  • New auto loans: 3 percent decrease
  • Dropped from a record ($7.4 billion in 2019) to $7.2 billion (not seen since early 2019)
  • Increased 365 percent from $1.5 billion in 2012 (last historical peak was $5.3 billion in 2007
     
  • Used auto loans: 5 percent increase
  • Hit a record of $9.6 billion
  • Increased 209 percent from $3.1 billion in 2011 (last historical peak was $4.3 billion in 2007
     
  • Credit card lending: 7 percent decrease
  • Dropped from a record ($2.7 billion in 2019) to $2.5 billion (not seen since 2017)
  • Increased 48 percent from $1.7 billion in 2011 (last historical peak was $1.8 billion in 2010
     
  • Business loans: 8 percent increase
  • Reached $6 billion (includes landlord real estate loans)
  • Category has fluctuated greatly between 2005 – 2020 from $2.3 billion – $6 billion


Deposits: $83.6 billion (19 percent increase)

  • Increased 97 percent from $42.5 billion in 2010
  • Hit a record (category has always risen from 2005 – 2020)
  • ($97.3 billion in assets)
  • Checking accounts (share drafts): 27 percent increase
  • Hit a record of $12.5 billion
  • Increased 225 percent from $3.9 billion in 2008 (last historical peak was $4.4 billion in 2005)
     
  • Savings accounts (regular shares): 23 percent increase
  • Hit a record of $30.7 billion
  • Increased 241 percent from $9 billion in 2007 (last historical peak was $10.2 billion in 2005)
     
  • Money market accounts: 18 percent increase
  • Hit a record of $18 billion
  • Increased 68 percent from $10.7 billion in 2010 (category has almost always risen since 2005)
     
  • Certificates of deposit: 11 percent increase
  • Hit a record of $17.3 billion
  • Increased 79 percent from $9.6 billion in 2013 (last historical peak was $15.2 billion in 2008)
     
  • IRA/Keogh accounts: 5 percent increase
  • Hit a record of $4.2 billion
  • Increased 9 percent from $3.9 billion in 2014 (last historical peak was $4.1 billion in 2010)
 

Operations: $700 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $2.8 billion)
  • About 13,840 individuals were employed (5 percent increase)
California and Nevada Credit Union Leagues