8 Locally Headquartered Credit Unions
Two counties include: Clark and Lincoln
Members: 232,000 (0 percent change)
- 600 new members
- Reached a level not seen since 2017
- Up 5 percent from 221,000 in 2014 (record high was 290,000 in 2008)
Loans: $2.1 billion (0 percent change)
- Increased 54 percent from $1.3 billion in 2013
- Reached a level not seen since 2009 (record high was $2.4 billion in 2008)
- 58 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 $1.1 billion (not seen since 2009)
- Increased 37 percent from $803 million in 2013 (historical peak was $1.1 billion in 2008)
- HELOCs/home equity loans (combined category): -7 percent decrease
- Dropped from an intermittent peak ($105 million in 2019) to $97 million (not seen since early 2019)
- Increased 20 percent from $81 million in 2018 (record high was $372 million in 2006)
- New auto loans: -12 percent decrease
- Dropped from an intermittent peak ($267 million in 2019) to $234 million (not seen since 2018)
- Increased 333 percent from $54 million in 2014 (record high was $483 million in 2006)
- Used auto loans: -4 percent decrease
- Dropped from a record ($560 million in 2019) to $540 million (not seen since 2018)
- Increased 132 percent from $233 million in 2011 (last historical peak was $324 million in 2008)
- Credit card lending: -14 percent decrease
- Dropped from a record ($77 million in 2019) to $66 million (not seen since 2014)
- Increased 20 percent from $55 million in 2013 (last historical peak was $71 million in 2009)
- Business loans: 29 percent increase
- Reached $273 million (includes landlord real estate loans)
- Category has fluctuated greatly between 2005 – 2020 from $67 million – $273 million
Deposits: $3.6 billion (20 percent increase)
- Increased 60 percent from $2.2 billion in 2012
- Hit a record (last historical peak was $2.7 billion in 2009)
- ($4.1 billion in assets)
- Checking accounts (share drafts): 23 percent increase
- Hit a record of $744 million
- Increased 111 percent from $352 million in 2009 (last historical peak was $412 million in 2005)
- Savings accounts (regular shares): 22 percent increase
- Hit a record of $1.8 billion
- Increased 132 percent from $767 million in 2008 (last historical peak was $970 million in 2005)
- Money market accounts: 10 percent increase
- Rose to $676 million (not seen since 2008)
- Increased 27 percent from $532 million in 2012 (record high was $682 million in 2007)
- Certificates of deposit: 55 percent increase
- Rose to $232 million (not seen since 2012)
- Increased 59 percent from $146 million in 2018 (record high was $654 million in 2008)
- IRA/Keogh accounts: 2 percent increase
- Rose to $166 million (not seen since 2018)
- Increased 2 percent from $162 million in 2019 (historical peak was $281 million in 2009)
Operations: $38 million spent
Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $151 million)
- About 770 individuals were employed (4 percent decrease)