8 Locally Headquartered Credit Unions

Two counties include: Clark and Lincoln
 

Members: 233,000 (1 percent increase)

  • 1,260 new members
  • Rose to 233,000 (not seen since 2012)
  • Up 5 percent from 221,000 in 2014 (record high was 288,000 in 2008)


     

Total Loans: $2 billion (-5 percent decrease)

  • Declined from an intermittent peak ($2.1 billion in 2020) to $2 billion (not seen since 2019)
  • Increased 48 percent from $1.36 billion in 2014 (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 decrease
  • Rose to $1 billion (not seen since 2019)
  • Increased 24 percent from $805 million in 2014 (record high was $1.1 billion in 2009)
     
  • HELOCs/home equity loans (combined category): 22 percent increase
  • Rose to $123 million (not seen since 2013)
  • Increased 48 percent from $83 million in 2016 (record high was $361 million in 2007)
     
  • New auto loans: -16 percent decrease
  • Declined from an intermittent peak ($261 million in 2019) to $209 million (not seen since 2018)
  • Increased 302 percent from $52 million in 2014 (record high was $486 million in 2006)
     
  • Used auto loans: -6 percent decrease
  • Declined from a record ($557 million in 2020) to $526 million (not seen since 2018)
  • Increased 131 percent from $228 million in 2011 (prior historical peak was $286 million in 2009)
     
  • Credit card lending: -9 percent decrease
  • Declined from a record ($78 million in 2017) to $62 million (not seen since 2014)
  • Increased 13 percent from $55 million in 2013 (prior historical peak was $70 million in 2009)
     
  • Business loans: 25 percent increase
  • Reached $318 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2006 – 2021 from $57 million – $318 million


Total Deposits: $4.1 billion (18 percent increase)

  • Increased 78 percent from $2.3 billion in 2012
  • Hit a record (prior historical peak was $2.8 billion in 2008)
  • ($4.6 billion in assets)
  • *Percentage increases and/or decreases represent dollar amount changes


     
  • Checking accounts (share drafts): 16 percent increase
  • Hit a record of $869 million
  • Increased 139 percent from $364 million in 2009 (prior historical peak was $408 million in 2006)
     
  • Savings accounts (regular shares): 24 percent increase
  • Hit a record of $2.1 billion
  • Increased 167 percent from $785 million in 2008 (prior historical peak was $933 million in 2006)
     
  • Money market accounts: 15 percent increase
  • Hit a record of $742 million
  • Increased 38 percent from $539 million in 2013 (prior historical peak was $694 million in 2008)
     
  • Certificates of deposit: 3 percent increase
  • Rose to $235 million (not seen since 2012)
  • Increased 57 percent from $150 million in 2018 (record high was $686 million in 2008)
     
  • IRA/Keogh accounts: 3 percent increase
  • Rose to $168 million (not seen since 2018)
  • Increased 3 percent from $163 million in 2020 (record high was $279 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 740 individuals were employed (-4 percent decrease)
California and Nevada Credit Union Leagues