4 Locally Headquartered Credit Unions

One county includes: Ventura

 

Members: 108,000 (-4 percent decrease)

  • -4,800 less members
  • Dropped from a record 113,000 in 2019
  • Up 44 percent from 75,000 in 2005 (category has almost always risen from 2005 – 2020)
     

Loans: $1.1 billion (10 percent increase)

  • Increased 144 percent from $461 million in 2011
  • Hit a record (last historical peak was $516 million in 2008)
  • 73 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: 38 percent increase
  • Hit a record of $683 million
  • Increased 267 percent from $186 million in 2012 (last historical peak was $239 million in 2008)
     
  • HELOCs/home equity loans (combined category): -27 percent decrease
  • Dropped from an intermittent peak ($116 million in 2019) to $85 million (not seen since 2017)
  • Increased 27 percent from $67 million in 2013 (record high was $130 million in 2018)
     
  • New auto loans: -21 percent decrease
  • Dropped from an intermittent peak ($79 million in 2019) to $63 million (not seen since 2016)
  • Increased 250 percent from $18 million in 2011 (record high was $84 million in 2018)
     
  • Used auto loans: -12 percent decrease
  • Dropped from an intermittent peak ($199 million in 2019) to $175 million (not seen since 2014)
  • Increased 140 percent from $73 million in 2006 (record high was $292 million in 2015)
     
  • Credit card lending: -16 percent decrease
  • Dropped from a record ($73 million in 2019) to $62 million (not seen since 2017)
  • Increased 417 percent from $12 million in 2005 (category has almost always risen since 2005)
     
  • Business loans: 116 percent increase
  • Reached $146 million (includes landlord real estate loans)
  • Category has fluctuated greatly between 2005 – 2020 from $6 million – $146 million


Deposits: $1.5 billion (23 percent increase)

  • Increased 100 percent from $750 million in 2009
  • Hit a record (category has always risen from 2005 – 2020)
  • ($1.8 billion in assets)
  • Checking accounts (share drafts): 38 percent increase
  • Hit a record of $354 million
  • Increased 354 percent from $78 million in 2007 (last historical peak was $92 million in 2005)
     
  • Savings accounts (regular shares): 32 percent increase
  • Hit a record of $597 million
  • Increased 333 percent from $138 million in 2007 (last historical peak was $212 million in 2005)
     
  • Money market accounts: 13 percent increase
  • Rose to $292 million (not seen since 2017)
  • Increased 13 percent from $258 million in 2019 (record high was $303 million in 2016)
     
  • Certificates of deposit: -1 percent decrease
  • Dropped from an intermittent peak ($207 million in 2019) to $204 million (not seen since early 2019)
  • Increased 21 percent from $169 million in 2018 (record high was $244 million in 2012)
     
  • IRA/Keogh accounts: 5 percent increase
  • Rose to $58 million (not seen since 2017)
  • Increased 5 percent from $55 million in 2019 (record high was $84 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 $85 million)
  • About 320 individuals were employed (2 percent increase)
 
California and Nevada Credit Union Leagues