4 Locally Headquartered Credit Unions

One county includes: Ventura
 

Members: 107,000 (0 percent change)

  • 0 new members
  • Record high was 112,000 in 2019


Total Loans: $1.4 billion (20 percent increase)

  • Hit a record (prior historical peak was $490 million in 2008)
  • 74 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: 22 percent increase
  • Reached $718 million
  • Record high was $844 million in 2021
     
  • HELOCs/home equity loans (combined category): -1 percent decrease
  • Declined to $67 million
  • Record high was $130 million in 2018
     
  • New auto loans: -9 percent decrease
  • Declined to $50 million
  • Record high was $81 million in 2018
     
  • Used auto loans: 5 percent increase
  • Reached $179 million
  • Record high was $296 million in 2016
     
  • Credit card lending: 2 percent increase
  • Reached $58 million
  • Record high was $72 million in 2019
     
  • Business loans: 113 percent increase
  • Reached $216 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2007 – 2021 from $1 million – $216 million


Total Deposits: $1.9 billion (13 percent increase)

  • Hit a record
  • Category has always risen since 2007
  • ($2.2 billion in assets)
  • *Percentage increases and/or decreases represent dollar amount changes


     
  • Checking accounts (share drafts): 13 percent increase
  • Hit a record of $432 million
  • Category has always risen since 2007
     
  • Savings accounts (regular shares): 12 percent increase
  • Hit a record of $757 million (prior historical peak was $155 million in 2007)
     
  • Money market accounts: 6 percent increase
  • Hit a record of $331 million (prior historical peak was $289 million in 2018)
     
  • Certificates of deposit: -4 percent decrease
  • Declined to $195 million
  • Record high was $250 million in 2008
     
  • IRA/Keogh accounts: 1 percent increase
  • Reached $59 million
  • Record high was $85 million in 2012
 

Operations: $29.5 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $118 million)
  • About 315 individuals were employed (-2 percent decrease)
 
California and Nevada Credit Union Leagues