136 Locally Headquartered Credit Unions
Four counties include: Los Angeles, Orange, San Bernardino, and Riverside
Members: 5.4 million (5 percent increase)
- 260,000 new members
- Hit a record
- Up 44 percent from 3.8 million in 2010 (yearly membership has almost always risen from 2005 – 2020)
Loans: $58.7 billion (3 percent increase)
- Increased 105 percent from $28.6 billion in 2012
- Hit a record (last historical peak was $36.5 billion in 2008)
- 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: 10 percent increase
- Hit a record of $31.3 billion
- Increased 106 percent from $15.2 billion in 2011 (last historical peak was $17.6 billion in 2008)
- HELOCs/home equity loans (combined category): -14 percent decrease
- Dropped from an intermittent peak ($4.9 billion in 2019) to $4.3 billion (not seen since 2017)
- Increased 10 percent from $3.9 billion in 2015 (record high was $6.5 billion in 2008)
- New auto loans: -8 percent decrease
- Dropped from a record ($7.4 billion in 2019) to $6.9 billion (not seen since 2018)
- Increased 330 percent from $1.6 billion in 2012 (last historical peak was $5.4 billion in 2006)
- Used auto loans: 4 percent increase
- Hit a record of $9.6 billion
- Increased 203 percent from $3.2 billion in 2010 (last historical peak was $4.3 billion in 2007)
- Credit card lending: -11 percent decrease
- Dropped from a record ($2.8 billion in 2019) to $2.5 billion (not seen since 2017)
- Increased 43 percent from $1.7 billion in 2011 (last historical peak was $1.8 billion in 2010)
- Business loans: 7 percent increase
- Reached $6.1 billion (includes landlord real estate loans)
- Category has fluctuated greatly between 2005 – 2020 from $2.5 billion – $6.1 billion
Deposits: $86.7 billion (23 percent increase)
- Increased 106 percent from $42.1 billion in 2010
- Hit a record (category has always risen from 2005 – 2020)
- ($101 billion in assets)
- Checking accounts (share drafts): 33 percent increase
- Hit a record of $13.2 billion
- Increased 252 percent from $3.8 billion in 2008 (last historical peak was $4.7 billion in 2005)
- Savings accounts (regular shares): 30 percent increase
- Hit a record of $32.1 billion
- Increased 274 percent from $8.6 billion in 2007 (last historical peak was $10 billion in 2005)
- Money market accounts: 25 percent increase
- Hit a record of $19.1 billion
- Increased 197 percent from $6.5 billion in 2006 (last historical peak was $6.8 billion in 2005)
- Certificates of deposit: 8 percent increase
- Hit a record of $17.3 billion
- Increased 78 percent from $9.7 billion in 2013 (last historical peak was $14.8 billion in 2008)
- IRA/Keogh accounts: 6 percent increase
- Hit a record of $4.3 billion
- Increased 11 percent from $3.8 billion in 2014 (last historical peak was $4.2 billion in 2010)
Operations: $846 million spent
Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $3.4 billion)
- About 13,730 individuals were employed (3 percent increase)