126 Locally Headquartered Credit Unions

Four counties include: Los Angeles, Orange, San Bernardino, and Riverside
 

Members: 5.3 million (2 percent increase)

  • 115,000 new members
  • Hit a record (prior historical peak was 3.5 million in 2009)


Total Loans: $67 billion (20 percent increase)

  • Hit a record (prior historical peak was $35 billion in 2008)
  • 66 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: 23 percent increase
  • Hit a record of $31 billion (prior historical peak was $16.8 billion in 2008)
     
  • HELOCs/home equity loans (combined category): 18 percent increase
  • Reached $4.1 billion
  • Record high was $4.6 billion in 2019
     
  • New auto loans: 16 percent increase
  • Hit a record of $7 billion (prior historical peak was $5 billion in 2009)
     
  • Used auto loans: 15 percent increase
  • Hit a record of $10.8 billion (prior historical peak was $4.1 billion in 2007)
     
  • Credit card lending: 15 percent increase
  • Reached $2.6 billion
  • Record high was $2.6 billion in 2019
     
  • Business loans: 17 percent increase
  • Reached $5.7 billion (includes landlord real estate loans)
  • Category has fluctuated greatly between 2007 – 2021 from $2.8 billion – $5.7 billion


Total Deposits: $101 billion (7 percent increase)

  • Hit a record
  • Category has always risen since 2007
  • ($114 billion in assets)
  • *Percentage increases and/or decreases represent dollar amount changes


     
  • Checking accounts (share drafts): 11 percent increase
  • Hit a record of $20 billion (prior historical peak was $4.1 billion in 2007)
     
  • Savings accounts (regular shares): 8 percent increase
  • Hit a record of $36 billion
  • Category has always risen since 2007
     
  • Money market accounts: 14 percent increase
  • Hit a record of $25 billion
  • Category has always risen since 2007
     
  • Certificates of deposit: -7 percent decrease
  • Declined to $14.4 billion
  • Record high was $16.6 billion in 2020
     
  • IRA/Keogh accounts: -2 percent decrease
  • Declined to $4.1 billion
  • Record high was $4.2 billion in 2021
 

Operations: $1.1 billion spent

Quarterly monies spent on employee payroll, benefits, property, office equipment, occupancy, and vendor contracts (estimated annual figure is $4.3 billion)
  • About 13,600 individuals were employed (3 percent increase)
California and Nevada Credit Union Leagues