8 Locally Headquartered Credit Unions

Two counties include: Clark and Lincoln
 

Members: 235,000 (2 percent increase)

  • 3,500 new members
  • Rose to 235,000 (not seen since 2011)
  • Up 7 percent from 220,000 in 2014 (record high was 287,000 in 2008)


Total Loans: $2 billion (-2 percent decrease)

  • Declined from an intermittent peak ($2.1 billion in 2019) to $2 billion (not seen since 2018)
  • Increased 48 percent from $1.34 billion in 2013 (record high was $2.3 billion in 2008)
  • 45 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
     

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  • First-mortgages: -4 percent decrease
  • Declined from an intermittent peak ($1.04 billion in 2020) to $1 billion (not seen since 2019)
  • Increased 25 percent from $796 million in 2013 (record high was $1.8 billion in 2009)
     
  • HELOCs/home equity loans (combined category): 22 percent increase
  • Rose to $118 million (not seen since 2013)
  • Increased 40 percent from $82 million in 2018 (record high was $367 million in 2006)
     
  • New auto loans: -12 percent decrease
  • Declined from an intermittent peak ($265 million in 2019) to $197 million (not seen since 2018)
  • Increased 279 percent from $52 million in 2013 (record high was $473 million in 2006)
     
  • Used auto loans: -2 percent decrease
  • Declined from a record ($564 million in 2019) to $521 million (not seen since 2018)
  • Increased 130 percent from $227 million in 2010 (prior historical peak was $299 million in 2008)
     
  • Credit card lending: -3 percent decrease
  • Declined from a record ($80 million in 2017) to $65 million (not seen since 2014)
  • Increased 14 percent from $57 million in 2012 (prior historical peak was $72 million in 2008)
     
  • Business loans: 19 percent increase
  • Reached $337 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2006 – 2021 from $110 million – $337 million


Total Deposits: $4.4 billion (15 percent increase)

  • Increased 93 percent from $2.3 billion in 2012
  • Hit a record (prior historical peak was $2.7 billion in 2009)
  • ($4.9 billion in assets)
  • *Percentage increases and/or decreases represent dollar amount changes


     
  • Checking accounts (share drafts): 12 percent increase
  • Hit a record of $919 million
  • Increased 166 percent from $345 million in 2008 (prior historical peak was $400 million in 2006)
     
  • Savings accounts (regular shares): 20 percent increase
  • Hit a record of $2.2 billion
  • Increased 197 percent from $758 million in 2007 (prior historical peak was $853 million in 2006)
     
  • Money market accounts: 16 percent increase
  • Hit a record of $805 million
  • Increased 52 percent from $531 million in 2012 (prior historical peak was $683 million in 2007)
     
  • Certificates of deposit: -8 percent decrease
  • Declined from an intermittent peak ($234 million in 2020) to $214 million (not seen since 2019)
  • Increased 44 percent from $149 million in 2018 (record high was $663 million in 2008)
     
  • IRA/Keogh accounts: -2 percent decrease
  • Rose to $164 million (not seen since 2019)
  • Increased 3 percent from $160 million in 2019 (record high was $277 million in 2009)


Operations: $35 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $140 million)
  • About 730 individuals were employed (-2 percent decrease)
California and Nevada Credit Union Leagues