8 Locally Headquartered Credit Unions

Two counties include: Clark and Lincoln

 

Members: 232,000 (1 percent increase)

  • 1,100 new members
  • Reached a level not seen since 2012
  • Up 5 percent from 221,000 in 2014 (record high was 288,000 in 2008)
     

Loans: $2.1 billion (2 percent increase)

  • Increased 55 percent from $1.4 billion in 2014
  • Reached a level not seen since 2009 (record high was $2.3 billion in 2008)
  • 60 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: 6 percent increase
  • Rose to $1.05 billion (not seen since 2010)
  • Increased 31 percent from $805 million in 2014 (historical peak was $1.1 billion in 2009)
     
  • HELOCs/home equity loans (combined category): 2 percent decrease
  • Dropped from an intermittent peak ($103 million in 2019) to $100 million (not seen since early 2019)
  • Increased 20 percent from $83 million in 2016 (record high was $361 million in 2007)
     
  • New auto loans: 5 percent decrease
  • Dropped from an intermittent peak ($261 million in 2019) to $248 million (not seen since 2018)
  • Increased 377 percent from $52 million in 2014 (record high was $486 million in 2006)
     
  • Used auto loans: 1 percent increase
  • Hit a record of $557 million
  • Increased 144 percent from $228 million in 2011 (last historical peak was $339 million in 2005)
     
  • Credit card lending: 10 percent decrease
  • Dropped from an intermittent peak ($76 million in 2019) to $68 million (not seen since 2015)
  • Increased 24 percent from $55 million in 2013 (record high was $78 million in 2017)
     
  • Business loans: 17 percent increase
  • Reached $254 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2005 – 2020 from $56 million – $261 million


Deposits: $3.5 billion (16 percent increase)

  • Increased 50 percent from $2.3 billion in 2012
  • Hit a record (last historical peak was $2.8 billion in 2008)
  • ($4 billion in assets)
  • Checking accounts (share drafts): 21 percent increase
  • Hit a record of $753 million
  • Increased 106 percent from $365 million in 2010 (last historical peak was $408 million in 2006)
     
  • Savings accounts (regular shares): 16 percent increase
  • Hit a record of $1.7 billion
  • Increased 116 percent from $785 million in 2008 (last historical peak was $972 million in 2005)
     
  • Money market accounts: 6 percent increase
  • Rose to $643 million (not seen since 2010)
  • Increased 19 percent from $539 million in 2013 (record high was $694 million in 2008)
     
  • Certificates of deposit: 52 percent increase
  • Rose to $228 million (not seen since 2012)
  • Increased 52 percent from $150 million in 2018 (record high was $686 million in 2008)
     
  • IRA/Keogh accounts: 1 percent decrease
  • Dropped to $163 million (not seen since before 2005)
  • Fallen 42 percent from $279 million in 2009 (the record high)


Operations: $34 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $136 million)
  • About 800 individuals were employed (2 percent decrease)
California and Nevada Credit Union Leagues