8 Locally Headquartered Credit Unions
Two counties include: Clark and Lincoln
Members: 237,000 (2 percent increase)
- 4,000 new members
- Record high was 288,000 in 2008
Total Loans: $2.2 billion (8 percent increase)
- Record high was $2.3 billion in 2008
- 49 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: 5 percent increase
- Reached $731 million
- Record high was $1.8 billion in 2009
- HELOCs/home equity loans (combined category): 5 percent increase
- Reached $127 million
- Record high was $367 million in 2006
- New auto loans: 10 percent increase
- Reached $230 million
- Record high was $437 million in 2007
- Used auto loans: 8 percent increase
- Hit a record of $568 million (prior historical peak was $286 million in 2009)
- Credit card lending: 4 percent increase
- Reached $65 million
- Record high was $78 million in 2017
- Business loans: 12 percent increase
- Reached $367 million (includes landlord real estate loans)
- Category has fluctuated greatly between 2007 – 2022 from $118 million – $367 million
Total Deposits: $4.5 billion (9 percent increase)
- Hit a record (prior historical peak was $2.8 billion in 2008)
- ($5 billion in assets)
- *Percentage increases and/or decreases represent dollar amount changes
- Checking accounts (share drafts): 9 percent increase
- Hit a record of $950 million (prior historical peak was $398 million in 2007)
- Savings accounts (regular shares): 12 percent increase
- Hit a record of $2.4 billion (prior historical peak was $818 million in 2007)
- Money market accounts: 12 percent increase
- Hit a record of $828 million (prior historical peak was $694 million in 2008)
- Certificates of deposit: -22 percent decrease
- Declined to $183 million
- Record high was $686 million in 2008
- IRA/Keogh accounts: -2 percent decrease
- Declined to $165 million
- Record high was $279 million in 2009
Operations: $45 million spent
Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $178 million)
- About 735 individuals were employed (-1 percent decrease)