4 Locally Headquartered Credit Unions

One county includes: Ventura
 

Members: 107,000 (-3 percent decrease)

  • -3,300 less members
  • Declined from a record 112,000 in 2019
  • Up 41 percent from 76,000 in 2006 (category has almost always risen from 2006 – 2021)


     

Total Loans: $1.2 billion (11 percent increase)

  • Increased 159 percent from $459 million in 2012
  • Hit a record (prior historical peak was $489 million in 2008)
  • 71 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: 30 percent increase
  • Hit a record of $767 million
  • Increased 312 percent from $186 million in 2012 (prior historical peak was $226 million in 2009)
     
  • HELOCs/home equity loans (combined category): -29 percent decrease
  • Declined from an intermittent peak ($124 million in 2019) to $74 million (not seen since 2015)
  • Increased 9 percent from $68 million in 2014 (record high was $125 million in 2019)
     
  • New auto loans: -23 percent decrease
  • Declined from a record ($81 million in 2018) to $55 million (not seen since 2015)
  • Increased 224 percent from $17 million in 2012 (prior historical peak was $65 million in 2006)
     
  • Used auto loans: -10 percent decrease
  • Declined from a record ($296 million in 2016) to $169 million (not seen since 2014)
  • Increased 132 percent from $73 million in 2008 (prior historical peak was $76 million in 2006)
     
  • Credit card lending: -14 percent decrease
  • Declined from a record ($72 million in 2019) to $56 million (not seen since 2016)
  • Increased 331 percent from $13 million in 2006 (category has almost always risen since 2006)
     
  • Business loans: 102 percent increase
  • Reached $184 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2006 – 2021 from $6 million – $184 million


Total Deposits: $1.7 billion (20 percent increase)

  • Increased 100 percent from $850 million in 2011
  • Hit a record (category has always risen from 2006 – 2021)
  • ($1.95 billion in assets)
  • *Percentage increases and/or decreases represent dollar amount changes


     
  • Checking accounts (share drafts): 19 percent increase
  • Hit a record of $381 million
  • Increased 348 percent from $85 million in 2008 (prior historical peak was $93 million in 2006)
     
  • Savings accounts (regular shares): 27 percent increase
  • Hit a record of $677 million
  • Increased 367 percent from $145 million in 2008 (prior historical peak was $191 million in 2006)
     
  • Money market accounts: 17 percent increase
  • Hit a record of $313 million
  • Increased 8 percent from $290 million in 2018 (category has almost always risen since 2006)
     
  • Certificates of deposit: -3 percent decrease
  • Declined from an intermittent peak ($209 million in 2020) to $203 million (not seen since early 2020)
  • Increased 17 percent from $173 million in 2018 (record high was $250 million in 2008)
     
  • IRA/Keogh accounts: 2 percent increase
  • Rose to $59 million (not seen since 2017)
  • Increased 7 percent from $55 million in 2019 (record high was $85 million in 2012)
 

Operations: $21 million spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $82 million)
  • About 320 individuals were employed (0 percent change)
 
California and Nevada Credit Union Leagues