Business & Real Estate

Membership, deposits seen rising at Sacramento County-based credit unions

Ten credit unions headquartered in Sacramento County had 1.11 million members at the close of this year’s first quarter, up 7 percent from the opening quarter of 2014, according to new statistics released by the Ontario-based California Credit Union League.

Sacramento-based The Golden 1 Credit Union claims to have more than 700,000 members.

Collectively, the 10 Sacramento County-based credit unions had handed out loans totaling $7 billion as of March 31 this year, a 22.4 percent increase over the year-ago period. Deposits totaled $12.3 billion in the first quarter, up 7.2 percent over last year’s first quarter.

CCUL is the state trade association for 361 credit unions headquartered throughout California. For more details, see ccul.org.

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