8 Locally Headquartered Credit Unions

Two counties include: Clark and Lincoln

 

Members: 231,000 (0 percent change)

  • 0 new members
  • Remained at a level originally reached in early 2019
  • Up 5 percent from 220,000 in 2014 (record high was 287,000 in 2008)
     

Loans: $2 billion (-4 percent decrease)

  • Dropped from an intermittent peak ($2.1 billion in 2019) to $2 billion (not seen since early 2018)
  • Increased 51 percent from $1.34 billion in 2013 (record high was $2.3 billion in 2008)
  • 53 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: 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: 2 percent increase
  • Rose to $1.04 billion (not seen since 2009)
  • Increased 30 percent from $796 million in 2013 (record high was $1.1 billion in early 2009)
     
  • HELOCs/home equity loans (combined category): -9 percent decrease
  • Dropped from an intermittent peak ($103 million in 2019) to $94 million (not seen since early 2019)
  • Increased 15 percent from $82 million in 2018 (record high was $367 million in 2006)
     
  • New auto loans: -15 percent decrease
  • Dropped from an intermittent peak ($265 million in 2019) to $225 million (not seen since 2018)
  • Increased 333 percent from $52 million in 2013 (record high was $473 million in 2006)
     
  • Used auto loans: -6 percent decrease
  • Dropped from a record ($564 million in 2019) to $530 million (not seen since 2018)
  • Increased 133 percent from $227 million in 2010 (last historical peak was $299 million in 2008)
     
  • Credit card lending: -15 percent decrease
  • Dropped from a record ($79 million in 2019) to $67 million (not seen since 2014)
  • Increased 18 percent from $57 million in 2012 (last historical peak was $72 million in 2008)
     
  • Business loans: 24 percent increase
  • Reached $284 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2005 – 2020 from $74 million – $284 million


Deposits: $3.8 billion (22 percent increase)

  • Increased 73 percent from $2.2 billion in 2012
  • Hit a record (last historical peak was $2.7 billion in 2009)
  • ($4.3 billion in assets)
  • Checking accounts (share drafts): 32 percent increase
  • Hit a record of $818 million
  • Increased 137 percent from $345 million in 2008 (last historical peak was $404 million in 2005)
     
  • Savings accounts (regular shares): 26 percent increase
  • Hit a record of $1.9 billion
  • Increased 146 percent from $758 million in 2007 (last historical peak was $975 million in 2005)
     
  • Money market accounts: 13 percent increase
  • Hit a record of $695 million
  • Increased 31 percent from $531 million in 2012 (last historical peak was $683 million in 2007)
     
  • Certificates of deposit: 7 percent increase
  • Rose to $234 million (not seen since 2012)
  • Increased 57 percent from $149 million in 2018 (record high was $663 million in 2008)
     
  • IRA/Keogh accounts: 5 percent increase
  • Rose to $168 million (not seen since 2018)
  • Increased 5 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 750 individuals were employed (-5 percent decrease)
California and Nevada Credit Union Leagues