8 Locally Headquartered Credit Unions

Two counties include: Clark and Lincoln

 

Members: 232,000 (approximately 0 percent change)

  • 360 new members
  • Rose to 232,000 (not seen since 2012)
  • Up 5 percent from 221,000 in 2014 (record high was 285,000 in 2009)
     

Loans: $2 billion (-6 percent decrease)

  • Declined from an intermittent peak ($2.1 billion in 2020) to $2 billion (not seen since early 2019)
  • Increased 47 percent from $1.33 billion in 2014 (record high was $2.2 billion in 2009)
  • 50 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: -1 percent decrease
  • Rose to $1.01 billion (not seen since 2010)
  • Increased 27 percent from $793 million in 2014 (record high was $1.1 billion in 2009)
     
  • HELOCs/home equity loans (combined category): -15 percent decrease
  • Declined from an intermittent peak ($104 million in 2020) to $89 million (not seen since early 2019)
  • Increased 6 percent from $84 million in 2017 (record high was $363 million in 2007)
     
  • New auto loans: -16 percent decrease
  • Declined from an intermittent peak ($259 million in 2020) to $216 million (not seen since 2018)
  • Increased 324 percent from $51 million in 2014 (record high was $475 million in 2006)
     
  • Used auto loans: -8 percent decrease
  • Declined from a record ($565 million in 2020) to $523 million (not seen since 2018)
  • Increased 133 percent from $224 million in 2011 (last historical peak was $292 million in 2009)
     
  • Credit card lending: -17 percent decrease
  • Declined from a record ($77 million in 2018) to $62 million (not seen since 2014)
  • Increased 13 percent from $55 million in 2013 (last historical peak was $69 million in 2009)
     
  • Business loans: 25 percent increase
  • Reached $298 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2006 – 2021 from $55 million – $298 million


Deposits: $4 billion (26 percent increase)

  • Increased 74 percent from $2.3 billion in 2013
  • Hit a record (last historical peak was $2.8 billion in 2009)
  • ($4.6 billion in assets)
  • *Percentage increases and/or decreases represent dollar amount changes
  • Checking accounts (share drafts): 31 percent increase
  • Hit a record of $872 million
  • Increased 135 percent from $371 million in 2009 (last historical peak was $427 million in 2006)
     
  • Savings accounts (regular shares): 34 percent increase
  • Hit a record of $2 billion
  • Increased 159 percent from $788 million in 2008 (last historical peak was $978 million in 2006)
     
  • Money market accounts: 16 percent increase
  • Hit a record of $722 million
  • Increased 34 percent from $537 million in 2013 (last historical peak was $705 million in 2008)
     
  • Certificates of deposit: 4 percent increase
  • Rose to $233 million (not seen since 2012)
  • Increased 55 percent from $150 million in 2019 (record high was $682 million in 2008)
     
  • IRA/Keogh accounts: 5 percent increase
  • Rose to $168 million (not seen since 2018)
  • Increased 5 percent from $160 million in 2020 (record high was $274 million in 2009)


Operations: $33 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $131 million)
  • About 750 individuals were employed (-6 percent decrease)
California and Nevada Credit Union Leagues