Quarterly Credit Union Performance Report

Quarterly Credit Union Performance Report

We hope the second-quarter 2017 Credit Union Quarterly Performance Report for California and Nevada is a valuable resource as you continue to strategically plan for your credit union s next steps! Brought to you by the California and Nevada Credit Union Leagues, this comprehensive report is created every quarter specifically for C-level executives, senior management, and board directors. It s one way we are equipping League members with the data they need to accurately benchmark their credit union s performance to others across the state. Included herein is information and data on: California, Nevada, and U.S. trends Industry demographic snapshots and growth rates Earnings, capital adequacy, and asset quality Asset/liability management, productivity, and structure 5-year breakdown Portfolio analysis This report is just one of multiple endeavors we are always fine-tuning to help you navigate the future, including local industry trends on loans, deposits and membership; expertise on economic trends, movement in the financial markets, and interest rate expectations; and regional economic forecasts and news. To access the Leagues most recent in-depth news coverage and analysis of an economic forecast in your region of California or Nevada, email Matt Wrye at mattw@ccul.org. The latest projections for California, Nevada and the United States show the overall economy is on solid footing going into 2018 and most likely 2019. In fact, a lack of labor to fill certain jobs is the real issue, as well as social, demographic, educational and wealth trends. However, our moderately-expanding economy may finally start to enter its last consecutive quarters of growth sometime in the foreseeable future, some experts forewarn. The Leagues chief economist, Dwight Johnston, is here to help. To receive Dwight s daily commentary and routine Economix updates, visit www.ccul.org and look for D.J. s Economix under the Resources tab! Questions? Contact Rick Stanton at rstanton@ccul.org. Thank you for your membership in the League!

California & Nevada Credit Union Profile U.S. CUs California CUs Nevada CUs Demographic Information 6/30/2017 6/30/2017 6/30/2017 Number of CUs 5,815 321 17 Assets per CU ($ mil) $235 $579 $278 Median assets ($mil) $30.5 $88.6 $156.0 Total assets ($mil) $1,366,885 $185,834 $4,718 Total loans ($mil) $928,090 $119,286 $2,713 Total surplus funds ($mil) $384,479 $60,547 $1,810 Total Savings ($mil) $1,159,732 $157,425 $4,176 Total members (thousands) 110,637 11,257 352 Growth Rates 30-Jun 30-Jun 30-Jun Total assets 8.0% 10.2% 9.5% Total loans 11.2% 14.2% 11.7% Total surplus funds 2.2% 4.1% 6.1% Total savings 8.6% 10.5% 0.3% Total members 4.8% 6.6% 3.4% % CUs with increasing assets 75.8% 83.2% 94.1% Earnings - Basis Pts. 30-Jun 30-Jun 30-Jun Yield on total assets 346 314 321 Dividends/interest cost of assets 52 47 21 Annualized Net interest margin 293 266 299 Annualized Fee & other income 133 102 216 Operating expense 306 268 384 Loss Provisions 22 11 8 Net Income (ROA) without Stab Exp 77 74 116 % CUs with positive ROA 79.2% 81.3% 94.1% Capital Adequacy 30-Jun 30-Jun 30-Jun Net worth/assets 10.8% 10.9% 10.7% % CUs with NW >7% of assets 92.0% 87.5% 94.1% Asset Quality 30-Jun 30-Jun 30-Jun Delinquencies (60+ day $)/loans (%) 0.75% 0.41% 0.53% Net chargeoffs/average loans 0.55% 0.32% 0.42% Total borrower-bankruptcies 192,758 13,928 736 Bankruptcies per CU 33.1 43.4 43.3 Bankruptcies per 1,000 members 1.7 1.2 2.1 Asset/Liability Management 30-Jun 30-Jun 30-Jun Loans/savings 80.0% 75.8% 43.4% Loans/assets 67.9% 64.2% 57.5% Net Long-term assets/assets 33.5% 36.8% 33.5% Liquid assets/assets 13.5% 14.7% 25.6% Core deposits/shares & borrowings 50.3% 49.9% 65.5% Productivity 30-Jun 30-Jun 30-Jun Members/potential members (%) 4.0% 3.5% 5.5% Borrowers/members (%) 57.1% 54.7% 50.7% Members/FTE 383 390 308 Average shares/member ($) $10,482 $13,984 $11,867 Average loan balance ($) $14,701 $19,364 $15,213 Employees per million in assets 0.21 0.16 0.24 Structure 30-Jun 30-Jun 30-Jun CUs with a Federal Charter 3568 190 7 CUs with a State Charter 2128 120 3 CUs Privately Insured (state charter) 119 11 7 Earnings, net chargeoffs, and bankruptcies are year-to-date numbers annualized, Due to significant seasonal variation, balance sheet grwoth rates are for the trailing 12 months. US Totals include only credit unions that are released on the NCUA 5300 Call Report file. Overview by Year

U.S. CUs Overview by Year California Credit Union Profile California Credit Unions Demographic Information 30-Jun 30-Jun 2016 2015 2014 2013 2012 Number of CUs 5,815 321 339 357 377 395 413 Assets per CU ($ mil) $235 $579 $504 $464 $389 $354 $328 Median assets ($mil) $31 $89 $75 $67 $62 $57 $54 Total assets ($mil) $1,366,885 $185,834 $170,757 $157,361 $146,770 $140,018 $135,350 Total loans ($mil) $928,090 $119,286 $105,736 $92,613 $81,837 $72,862 $71,521 Total surplus funds ($mil) $384,479 $60,547 $58,852 $59,027 $59,698 $62,636 $60,138 Total Savings ($mil) $1,159,732 $157,425 $144,298 $132,982 $124,931 $120,520 $116,799 Total members (thousands) 110,637 11,257 10,712 10,247 9,901 9,702 9,616 Growth Rates 30-Jun 30-Jun 2016 2015 2014 2013 2012 Total assets 8.0% 10.2% 9.1% 7.7% 5.1% 3.9% 6.0% Total loans 11.2% 14.2% 14.8% 13.5% 12.6% 2.2% 0.3% Total surplus funds 2.2% 4.1% 0.4% -0.6% -4.4% 4.7% 14.0% Total savings 8.6% 10.5% 9.2% 6.9% 4.0% 3.6% 6.3% Total members 4.8% 6.6% 5.3% 4.1% 2.6% 1.6% 1.0% % CUs with increasing assets 75.8% 83.2% 84.1% 73.1% 62.3% 57.7% 70.5% Earnings - Basis Pts. 30-Jun 30-Jun 2016 2015 2014 2013 2012 Yield on total assets 346 314 307 302 302 301 341 Dividends/interest cost of assets 52 47 42 40 39 43 59 Net interest margin 293 266 263 261 263 257 281 Fee & other income 133 102 105 115 109 129 120 Operating expense 306 268 274 279 274 276 278 Loss Provisions 22 11 9 5 1 1 16 Net Income (ROA) without Stab Exp 77 74 78 87 96 108 91 % CUs with positive ROA 79.2% 81.3% 80.5% 77.3% 74.5% 73.4% 74.3% Capital Adequacy 30-Jun 30-Jun 2016 2015 2014 2013 2012 Net worth/assets 10.8% 10.9% 11.0% 11.2% 11.1% 10.7% 10.0% % CUs with NW >7% of assets 92.0% 87.5% 90.0% 93.0% 90.7% 85.8% 79.7% Asset Quality 30-Jun 30-Jun 2016 2015 2014 2013 2012 Delinquencies (60+ day $)/loans (%) 0.75% 0.41% 0.43% 0.54% 0.79% 1.10% 1.32% Net chargeoffs/average loans 0.55% 0.32% 0.26% 0.25% 0.31% 0.56% 1.03% Total borrower-bankruptcies 192,758 13,928 13,946 13,954 16,936 22,996 33,090 Bankruptcies per CU 33.1 43.4 41.1 39.1 44.9 58.2 80.1 Bankruptcies per 1,000 members 1.7 1.2 1.3 1.4 1.7 2.4 3.4 Asset/Liability Management 30-Jun 30-Jun 2016 2015 2014 2013 2012 Loans/savings 80.0% 75.8% 73.3% 69.6% 65.5% 60.5% 61.2% Loans/assets 67.9% 64.2% 61.9% 58.9% 55.8% 52.0% 52.8% Net Long-term assets/assets 33.5% 36.8% 35.5% 36.5% 40.2% 39.0% 52.8% Liquid assets/assets 13.5% 14.7% 15.0% 14.9% 15.3% 18.5% 20.1% Core deposits/shares & borrowings 50.3% 49.9% 48.6% 47.5% 46.1% 44.9% 42.7% Productivity 30-Jun 30-Jun 2016 2015 2014 2013 2012 Members/potential members (%) 4.0% 3.5% 3.7% 3.5% 4.0% 4.0% 4.0% Borrowers/members (%) 57.1% 54.7% 54.4% 50.9% 48.2% 45.4% 44.4% Members/FTE 383 390 387 382 381 380 387 Average shares/member ($) $10,482 $13,984 $13,470 $12,978 $12,619 $12,422 $12,147 Average loan balance ($) $14,701 $19,364 $18,146 $17,772 $17,154 $16,537 $16,764 Employees per million in assets 0.21 0.16 0.16 0.17 0.18 0.18 0.18 Structure 30-Jun 30-Jun 2016 2015 2014 2013 2012 CUs with a Federal Charter 3,568 190 199 209 231 244 256 CUs with a State Charter 2,128 120 128 127 134 137 143 CUs Privately Insured (state charter) 119 11 12 12 12 14 14 Earnings, net chargeoffs, and bankruptcies are year-to-date numbers annualized, Due to significant seasonal variation, balance sheet grwoth rates are for the trailing 12 months. US Totals include only credit unions that are released on the NCUA 5300 Call Report file.

U.S. CUs California Credit Union Profile Portfolio: State Trends California Credit Unions Growth Rates 30-Jun 30-Jun 2016 2015 2014 2013 2012 Credit Cards 8.3% 7.3% 6.7% 6.4% 6.5% 4.2% 1.180% Other unsecured loans 7.5% 9.9% 15.9% 14.1% 14.7% 8.3% -0.1% New automobile 16.7% 28.1% 32.3% 36.3% 32.4% 12.8% -10.7% Used automobile 11.0% 16.2% 18.8% 16.9% 15.8% 9.9% 5.1% First mortgage 10.6% 13.1% 13.1% 11.8% 12.7% 2.2% 4.3% HEL & 2nd Mtg. 6.5% 4.4% 5.2% 2.0% 1.3% -11.6% -10.8% Member Business Loans 17.1% 17.3% 16.3% 12.8% 12.6% 6.4% 0.8% Share drafts 15.4% 14.0% 12.0% 10.7% 8.4% 5.6% 16.8% Certificates 4.9% 6.4% 6.4% 3.4% -0.5% -6.7% -6.2% IRAs 1.2% 1.4% 1.2% -1.4% -3.5% -3.5% -1.2% Money market shares 7.3% 9.1% 7.5% 4.2% 3.1% 4.3% 7.2% Regular shares 9.7% 13.9% 11.8% 10.7% 7.1% 10.3% 14.8% Portfolio & Distribution 30-Jun 30-Jun 2016 2015 2014 2013 2012 Credit cards / total loans 5.8% 4.7% 4.9% 5.3% 5.7% 6.0% 5.9% Other unsecured loans / total loans 4.2% 2.8% 2.9% 2.9% 2.9% 2.8% 2.7% New automobile / total loans 13.6% 14.3% 12.7% 11.1% 9.2% 7.9% 7.1% Used automobile / total loans 21.2% 16.6% 16.4% 15.9% 15.4% 15.1% 14.0% First mortgage / total loans 40.7% 50.1% 50.7% 51.3% 52.1% 52.1% 52.0% HEL & 2nd Mtg / total loans 8.8% 8.7% 9.5% 10.4% 11.6% 12.9% 14.9% Member business loans / total loans 7.1% 7.8% 7.6% 7.5% 7.5% 7.5% 7.2% Shared drafts / total savings 5.7% 13.5% 13.2% 12.9% 12.5% 12.0% 11.8% Certificates / total savings 17.9% 16.3% 16.8% 17.2% 17.9% 18.6% 20.7% IRAs / total savings 6.8% 5.7% 6.2% 6.7% 7.3% 7.8% 8.4% Money market shares / total savings 22.4% 26.1% 26.4% 26.8% 27.4% 27.6% 27.4% Regular shares / total savings 35.6% 37.2% 36.1% 35.3% 34.1% 33.1% 31.2% Percent of CUs Offering 30-Jun 30-Jun 2016 2015 2014 2013 2012 Credit cards 60.4% 76.3% 76.7% 74.8% 73.2% 71.9% 70.2% Other unsecured loans 98.4% 98.4% 98.5% 98.9% 98.7% 99.2% 98.8% New automobile 95.4% 97.5% 97.9% 97.5% 97.3% 98.2% 98.1% Used automobile 96.7% 98.4% 98.5% 98.6% 97.9% 98.0% 98.3% First mortgage 67.2% 80.7% 81.1% 79.8% 79.8% 78.5% 78.0% HEL & 2nd Mtg 69.8% 85.0% 84.4% 84.3% 83.6% 82.0% 82.1% Member business loans 36.2% 52.6% 52.8% 49.3% 83.6% 83.3% 84.3% Shared drafts 79.4% 87.5% 87.6% 86.0% 85.9% 85.3% 85.0% Certificates 80.3% 86.0% 85.3% 83.5% 83.6% 83.3% 84.3% IRAs 68.0% 82.6% 82.3% 81.0% 81.2% 80.8% 80.9% Money market shares 50.2% 66.4% 65.8% 64.1% 62.9% 61.8% 61.5% Percent of Members in Offering CUs 30-Jun 30-Jun 2016 2015 2014 2013 2012 Credit cards 18.9% 20.8% 21.8% 20.2% 19.6% 19.0% 18.3% Other unsecured loans 17.4% 20.0% 21.0% 19.4% 18.5% 17.5% 16.8% New automobile 5.6% 6.7% 5.7% 4.8% 4.0% 3.5% 3.8% Used automobile 14.4% 12.9% 12.4% 11.5% 10.9% 10.2% 9.7% First mortgage 2.4% 1.9% 1.9% 1.8% 1.8% 0.2% 0.2% HEL & 2nd Mtg 2.1% 2.0% 2.0% 2.0% 2.1% 2.0% 2.3% Member business loans 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% Shared drafts 57.3% 64.3% 63.7% 63.2% 62.1% 61.0% 58.7% Certificates 7.7% 7.1% 7.5% 8.0% 8.5% 9.1% 9.9% IRAs 4.5% 4.9% 5.2% 5.6% 6.0% 6.3% 6.6% Money market shares 7.1% 9.8% 10.1% 10.2% 10.3% 10.5% 10.4% Earnings, net chargeoffs, and bankruptcies are year-to-date numbers annualized, Due to significant seasonal variation, balance sheet grwoth rates are for the trailing 12 months. US Totals include only credit unions that are released on the NCUA 5300 Call Report file.

CA California Credit Union Profile Overview: State Results by Asset Size California Credit Union Asset Groups Demographic Information 30-Jun <$20Mil $20-$50 $50-$100 $100-$250 $250-$500 $500-$1B >$1B Number of CUs 321 65 59 47 48 28 29 45 Assets per CU ($ mil) $579 $8 $34 $59 $168 $397 $611 $3,075 Median assets ($mil) $89 $7 $33 $72 $160 $401 $776 $1,861 Total assets ($mil) $185,834 $517 $1,990 $3,469 $8,066 $11,114 $17,720 $138,396 Total loans ($mil) $119,286 $214 $867 $1,773 $4,611 $6,312 $11,802 $90,658 Total surplus funds ($mil) $60,547 $290 $1,054 $1,569 $3,119 $4,281 $5,088 $43,788 Total Savings ($mil) $157,425 $452 $1,763 $3,081 $7,121 $9,750 $15,550 $115,759 Total members (thousands) 11,257 71 188 289 648 881 1,292 7,616 Growth Rates 30-Jun <$20Mil $20-$50 $50-$100 $100-$250 $250-$500 $500-$1B >$1B Total assets 10.2% 1.9% 4.5% 5.3% 6.2% 7.9% 7.2% 11.4% Total loans 14.2% 0.8% 4.7% 7.0% 12.5% 9.5% 9.6% 15.7% Total surplus funds 4.1% 1.8% 3.9% 3.6% -1.7% 6.3% 3.5% 4.5% Total savings 10.5% 2.4% 5.1% 5.6% 6.4% 8.4% 7.9% 11.7% Total members 6.6% -1.4% 0.7% -0.3% 1.3% 6.3% 4.7% 8.0% % CUs with increasing assets 83.2% 53.8% 76.3% 91.5% 91.7% 100.0% 89.7% 100.0% Earnings - Basis Pts. 30-Jun <$20Mil $20-$50 $50-$100 $100-$250 $250-$500 $500-$1B >$1B Yield on total assets 314 323 306 310 325 310 343 309 Dividends/interest cost of assets 47 17 19 27 26 32 33 52 Net interest margin 266 306 287 283 298 278 309 256 Fee & other income 102 81 85 81 118 109 119 99 Operating expense 268 387 338 311 329 305 346 248 Loss Provisions 11 8 9 5 15 11 18 10 Net Income (ROA) without Stab Exp 74 (16) 17 43 58 60 47 87 % CUs with positive ROA 81.3% 46.2% 72.9% 93.6% 91.7% 96.4% 96.6% 97.8% Capital Adequacy 30-Jun <$20Mil $20-$50 $50-$100 $100-$250 $250-$500 $500-$1B >$1B Net worth/assets 10.9% 12.4% 11.0% 10.7% 10.9% 10.9% 10.5% 10.9% % CUs with NW >7% of assets 87.5% 92.3% 93.2% 95.7% 95.8% 100.0% 100.0% 100.0% Asset Quality 30-Jun <$20Mil $20-$50 $50-$100 $100-$250 $250-$500 $500-$1B >$1B Delinquencies (60+ day $)/loans (%) 0.41% 1.22% 0.67% 0.74% 0.70% 0.42% 0.48% 0.37% Net chargeoffs/average loans 0.32% 0.61% 0.46% 0.33% 0.48% 0.33% 0.52% 0.29% Total borrower-bankruptcies 13,928 52 178 266 848 952 2,036 9,232 Bankruptcies per CU 43 1 3 6 18 34 70 205 Bankruptcies per 1,000 members 1.2 0.7 0.9 0.9 1.3 1.1 1.6 1.2 Asset/Liability Management 30-Jun <$20Mil $20-$50 $50-$100 $100-$250 $250-$500 $500-$1B >$1B Loans/savings 75.8% 47.4% 49.2% 57.5% 64.7% 64.7% 75.9% 78.3% Loans/assets 64.2% 41.5% 43.6% 51.1% 57.2% 56.8% 66.6% 65.5% Net Long-term assets/assets 36.8% 15.2% 26.2% 29.3% 29.3% 36.7% 66.6% 65.5% Liquid assets/assets 14.7% 26.4% 24.0% 20.5% 19.9% 17.4% 14.2% 14.0% Core deposits/shares & borrowings 49.9% 81.5% 70.0% 65.4% 64.3% 63.1% 53.6% 46.6% Productivity 30-Jun <$20Mil $20-$50 $50-$100 $100-$250 $250-$500 $500-$1B >$1B Members/potential members (%) 3.5% 5.3% 3.0% 6.3% 3.6% 2.2% 4.5% 3.7% Borrowers/members (%) 54.7% 35.7% 49.3% 46.1% 53.0% 46.8% 59.7% 55.5% Members/FTE 390 389 419 409 372 414 363 395 Average shares/member ($) $13,984 $6,375 $9,381 $10,669 $10,997 $11,070 $12,033 $15,199 Average loan balance ($) $19,364 $8,474 $9,358 $13,326 $13,421 $15,318 $15,296 $21,456 Employees per million in assets 0.16 0.35 0.23 0.20 0.22 0.19 0.20 0.14 Structure 30-Jun <$20Mil $20-$50 $50-$100 $100-$250 $250-$500 $500-$1B >$1B CUs with a Federal Charter 190 53 38 33 25 13 13 16 CUs with a State Charter 120 12 18 13 23 12 16 27 CUs Privately Insured (state charter) 11 0 2 3 2 2 1 2 Earnings, net chargeoffs, and bankruptcies are year-to-date numbers annualized, Due to significant seasonal variation, balance sheet grwoth rates are for the trailing 12 months. US Totals include only credit unions that are released on the NCUA 5300 Call Report file.

CA California Credit Union Profile Portfolio: State Trends California CUs Asset Groups Growth Rates 30-Jun <$20Mil $20-$50 $50-$100 $100-$250 $250-$500 $500-$1B >$1B Credit Cards 8.3% -0.8% -3.9% 0.4% 2.6% 3.8% 6.1% 8.4% Other unsecured loans 7.5% 3.7% 1.4% 6.9% 4.2% 6.9% -1.3% 14.7% New automobile 16.7% 6.1% 13.2% 14.4% 31.1% 20.9% 20.6% 30.3% Used automobile 11.0% 3.5% 3.6% 9.9% 14.2% 6.3% 9.6% 19.3% First mortgage 10.6% -5.7% 3.8% 5.0% 4.5% 10.0% 8.0% 14.6% HEL & 2nd Mtg. 6.5% 5.8% 3.4% 8.8% 4.9% 9.1% 0.6% 4.6% Member Business Loans 17.1% -17.8% -3.0% -0.5% 2.5% 12.9% 5.8% 21.6% Share drafts 15.4% 9.4% 13.9% 15.7% 13.4% 13.9% 13.6% 14.2% Certificates 4.9% 0.5% -2.0% -2.3% 2.9% 8.0% -0.2% 8.0% IRAs 1.2% -6.9% -4.5% -2.8% -3.2% -1.5% -1.2% 2.6% Money market shares 7.3% 3.5% 4.2% 1.3% 2.2% 3.9% 4.6% 10.3% Regular shares 9.7% 2.1% 5.9% 7.5% 7.7% 9.2% 12.8% 15.7% Portfolio & Distribution 30-Jun <$20Mil $20-$50 $50-$100 $100-$250 $250-$500 $500-$1B >$1B Credit cards / total loans 5.8% 3.8% 5.5% 4.2% 3.7% 5.4% 5.7% 4.5% Other unsecured loans / total loans 4.2% 16.2% 6.9% 5.3% 4.5% 4.2% 3.6% 2.4% New automobile / total loans 13.6% 21.5% 13.0% 12.3% 18.3% 13.1% 14.1% 14.3% Used automobile / total loans 21.2% 32.1% 23.7% 19.6% 26.3% 17.7% 20.2% 15.3% First mortgage / total loans 40.7% 14.6% 33.2% 39.5% 33.8% 45.0% 43.5% 52.8% HEL & 2nd Mtg / total loans 8.8% 5.3% 9.2% 12.7% 7.4% 9.3% 7.9% 8.8% Member business loans / total loans 7.1% 3.6% 1.6% 5.3% 3.2% 6.7% 11.6% 7.6% Shared drafts / total savings 5.7% 10.7% 14.8% 18.0% 18.6% 20.1% 19.9% 11.4% Certificates / total savings 17.9% 7.8% 12.7% 14.4% 13.2% 14.6% 17.1% 16.6% IRAs / total savings 6.8% 3.0% 5.2% 6.1% 6.2% 4.9% 5.6% 5.8% Money market shares / total savings 22.4% 3.7% 11.0% 12.1% 15.0% 16.9% 22.9% 28.8% Regular shares / total savings 35.6% 70.8% 55.1% 47.5% 45.7% 43.1% 33.4% 36.2% Percent of CUs Offering 30-Jun <$20Mil $20-$50 $50-$100 $100-$250 $250-$500 $500-$1B >$1B Credit cards 60.4% 23.1% 81.4% 91.5% 83.3% 96.4% 100.0% 95.6% Other unsecured loans 98.4% 92.3% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% New automobile 95.4% 90.8% 100.0% 97.9% 97.9% 100.0% 100.0% 100.0% Used automobile 96.7% 93.8% 100.0% 97.9% 100.0% 100.0% 100.0% 100.0% First mortgage 67.2% 20.0% 89.8% 93.6% 97.9% 100.0% 100.0% 100.0% HEL & 2nd Mtg 69.8% 36.9% 91.5% 95.7% 100.0% 100.0% 100.0% 100.0% Member business loans 36.2% 12.3% 30.5% 57.4% 58.3% 92.9% 100.0% 97.8% Shared drafts 79.4% 46.2% 94.9% 100.0% 97.9% 100.0% 100.0% 97.8% Certificates 80.3% 50.8% 91.5% 97.9% 91.7% 92.9% 100.0% 97.8% IRAs 68.0% 33.8% 89.8% 93.6% 95.8% 96.4% 100.0% 97.8% Money market shares 50.2% 15.4% 57.6% 76.6% 83.3% 82.1% 96.6% 93.3% Percent of Members in Offering CUs 30-Jun <$20Mil $20-$50 $50-$100 $100-$250 $250-$500 $500-$1B >$1B Credit cards 18.9% 20.4% 16.2% 14.5% 16.7% 18.1% 22.0% 21.4% Other unsecured loans 17.4% 8.7% 13.6% 13.5% 13.9% 17.9% 22.0% 20.9% New automobile 5.6% 3.3% 5.8% 4.4% 7.3% 4.1% 6.2% 7.2% Used automobile 14.4% 8.3% 15.0% 11.7% 16.1% 9.7% 14.6% 12.7% First mortgage 2.4% 1.1% 0.9% 1.2% 1.3% 0.2% 0.5% 0.2% HEL & 2nd Mtg 2.1% 0.7% 1.0% 1.5% 1.2% 1.4% 1.7% 2.2% Member business loans 0.2% 0.1% 0.1% 0.2% 0.1% 0.2% 0.5% 0.2% Shared drafts 57.3% 31.9% 39.2% 41.8% 53.4% 64.9% 62.0% 67.3% Certificates 7.7% 2.8% 4.9% 5.1% 4.7% 5.3% 7.2% 7.7% IRAs 4.5% 2.7% 3.2% 4.0% 3.7% 3.5% 4.6% 5.2% Money market shares 7.1% 2.9% 4.0% 3.3% 4.2% 4.8% 6.1% 11.9% Earnings, net chargeoffs, and bankruptcies are year-to-date numbers annualized, Due to significant seasonal variation, balance sheet grwoth rates are for the trailing 12 months. US Totals include only credit unions that are released on the NCUA 5300 Call Report file.

U.S. CUs Overview by Year Nevada Credit Union Profile Nevada Credit Unions Demographic Information 30-Jun 30-Jun 2016 2015 2014 2013 2012 Number of CUs 5,815 17 17 17 18 18 20 Assets per CU ($ mil) $235 $278 $253 $236 $212 $205 $185 Median assets ($mil) $31 $156 $145 $135 $117 $113 $91 Total assets ($mil) $1,366,885 $4,718 $4,307 $4,012 $3,823 $3,690 $3,699 Total loans ($mil) $928,090 $2,713 $2,428 $2,199 $2,006 $1,969 $2,139 Total surplus funds ($mil) $384,479 $1,810 $1,706 $1,656 $1,682 $1,613 $1,477 Total Savings ($mil) $1,159,732 $4,176 $3,813 $3,571 $3,418 $3,327 $3,364 Total members (thousands) 110,637 352 340 333 330 331 347 Growth Rates 30-Jun 30-Jun 2016 2015 2014 2013 2012 Total assets 8.0% 9.5% 7.4% 5.3% 3.6% 1.4% 0.6% Total loans 11.2% 11.7% 10.4% 10.0% 1.9% -6.2% -6.1% Total surplus funds 2.2% 6.1% 3.0% -1.1% 4.2% 10.6% 11.0% Total savings 8.6% 0.3% 6.8% 4.9% 2.7% 0.6% 0.3% Total members 4.8% 3.4% 2.2% 1.3% -0.4% -2.6% -2.5% % CUs with increasing assets 75.8% 94.1% 94.1% 88.2% 66.7% 55.6% 65.0% Earnings - Basis Pts. 30-Jun 30-Jun 2016 2015 2014 2013 2012 Yield on total assets 346 321 316 306 316 328 371 Dividends/interest cost of assets 52 21 20 23 21 25 35 Net interest margin 293 299 295 283 295 303 336 Fee & other income 133 216 221 224 201 263 215 Operating expense 306 384 390 385 369 382 378 Loss Provisions 21.6 8.0-0.5-10.5-7.2 16.9 61.1 Net Income (ROA) without Stab Exp 77 116 127 142 142 150 51 % CUs with positive ROA 79.2% 94.1% 94.1% 88.2% 83.3% 88.9% 75.0% Capital Adequacy 30-Jun 30-Jun 2016 2015 2014 2013 2012 Net worth/assets 10.8% 10.7% 10.5% 10.3% 9.9% 9.0% 7.9% % CUs with NW >7% of assets 92.0% 94.1% 94.1% 94.1% 83.3% 83.3% 80.0% Asset Quality 30-Jun 30-Jun 2016 2015 2014 2013 2012 Delinquencies (60+ day $)/loans (%) 0.75% 0.53% 0.95% 1.05% 1.14% 2.09% 2.86% Net chargeoffs/average loans 0.55% 0.42% 0.43% 0.41% 0.68% 1.36% 4.24% Total borrower-bankruptcies 192,758 736 680 536 782 1,154 1,590 Bankruptcies per CU 33 43 40 32 43 64 80 Bankruptcies per 1,000 members 1.7 2.1 2.0 1.6 2.4 3.5 4.6 Asset/Liability Management 30-Jun 30-Jun 2016 2015 2014 2013 2012 Loans/savings 80.0% 43.4% 63.7% 61.6% 58.7% 59.2% 63.6% Loans/assets 67.9% 57.5% 56.4% 54.8% 52.5% 53.4% 57.8% Net Long-term assets/assets 33.5% 33.5% 33.5% 34.2% 36.3% 35.8% 57.8% Liquid assets/assets 13.5% 25.6% 26.8% 27.2% 30.5% 32.1% 29.0% Core deposits/shares & borrowings 50.3% 65.5% 63.8% 62.4% 61.9% 61.0% 58.5% Productivity 30-Jun 30-Jun 2016 2015 2014 2013 2012 Members/potential members (%) 4.0% 5.5% 4.4% 4.3% 4.9% 5.0% 7.2% Borrowers/members (%) 57.1% 50.7% 49.1% 47.7% 41.2% 40.9% 41.5% Members/FTE 383 308 306 314 320 334 344 Average shares/member ($) $10,482 $11,867 $11,204 $10,725 $10,359 $10,041 $9,693 Average loan balance ($) $14,701 $15,213 $14,529 $13,846 $14,759 $14,526 $14,852 Employees per million in assets 0.21 0.24 0.26 0.26 0.27 0.27 0.27 Structure 30-Jun 30-Jun 2016 2015 2014 2013 2012 CUs with a Federal Charter 3,568 7 7 7 8 8 10 CUs with a State Charter 2,128 3 3 3 3 3 3 CUs Privately Insured (state charter) 119 7 7 7 7 7 7 Earnings, net chargeoffs, and bankruptcies are year-to-date numbers annualized, Due to significant seasonal variation, balance sheet grwoth rates are for the trailing 12 months. US Totals include only credit unions that are released on the NCUA 5300 Call Report file.

U.S. CUs Nevada Credit Union Profile Portfolio: State Trends Nevada Credit Unions Growth Rates 30-Jun 30-Jun 2016 2015 2014 2013 2012 Credit Cards 8.3% 2.8% 5.8% 13.9% 10.5% -1.0% -4.4% Other unsecured loans 7.5% -0.1% 0.6% 8.8% 2.0% 1.5% 1.8% New automobile 16.7% 49.9% 39.7% 15.9% -0.6% -14.8% -28.2% Used automobile 11.0% 16.2% 19.8% 20.8% 11.0% 2.4% 1.5% First mortgage 10.6% 5.2% 5.4% 5.5% 0.8% -3.1% -4.4% HEL & 2nd Mtg. 6.5% 7.9% -3.0% -10.0% -13.3% -20.6% -19.2% Member Business Loans 17.1% 11.9% 17.1% 11.4% -5.0% -11.9% -3.4% Share drafts 15.4% 15.7% 12.1% 7.1% 0.3% 2.5% 9.9% Certificates 4.9% -5.9% -7.9% -4.5% -5.0% -13.3% -18.4% IRAs 1.2% -3.0% -0.5% -3.3% -4.6% -7.0% -7.8% Money market shares 7.3% 9.2% 7.4% 8.1% 3.5% -1.0% -4.1% Regular shares 9.7% 10.8% 7.8% 5.3% 6.2% 5.5% 8.3% Portfolio & Distribution 30-Jun 30-Jun 2016 2015 2014 2013 2012 Credit cards / total loans 5.8% 3.2% 3.5% 3.7% 3.5% 3.3% 3.1% Other unsecured loans / total loans 4.2% 2.4% 2.7% 3.0% 3.0% 2.8% 2.7% New automobile / total loans 13.6% 10.8% 8.0% 6.4% 6.0% 5.7% 7.0% Used automobile / total loans 21.2% 28.6% 27.6% 25.6% 23.1% 20.8% 19.6% First mortgage / total loans 40.7% 44.0% 46.9% 49.4% 51.0% 52.7% 51.5% HEL & 2nd Mtg / total loans 8.8% 5.4% 5.7% 6.5% 7.8% 9.6% 10.8% Member business loans / total loans 7.1% 9.9% 10.0% 9.4% 9.2% 11.9% 10.4% Shared drafts / total savings 5.7% 21.3% 20.1% 19.2% 18.8% 17.6% 19.0% Certificates / total savings 17.9% 5.7% 6.7% 7.7% 8.5% 8.0% 10.9% IRAs / total savings 6.8% 5.5% 6.2% 6.6% 7.2% 8.2% 8.3% Money market shares / total savings 22.4% 23.0% 23.1% 23.0% 22.2% 21.9% 22.2% Regular shares / total savings 35.6% 44.2% 43.7% 43.3% 43.2% 44.1% 39.5% Percent of CUs Offering 30-Jun 30-Jun 2016 2015 2014 2013 2012 Credit cards 60.4% 58.8% 58.8% 64.7% 66.7% 66.7% 65.0% Other unsecured loans 98.4% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% New automobile 95.4% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Used automobile 96.7% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% First mortgage 67.2% 88.2% 88.2% 88.2% 88.9% 85.7% 85.0% HEL & 2nd Mtg 69.8% 88.2% 88.2% 88.2% 88.9% 85.7% 85.0% Member business loans 36.2% 64.7% 70.6% 70.6% 77.8% 76.2% 80.0% Shared drafts 79.4% 88.2% 88.2% 88.2% 88.9% 85.7% 85.0% Certificates 80.3% 82.4% 82.4% 82.4% 77.8% 76.2% 80.0% IRAs 68.0% 76.5% 76.5% 76.5% 77.8% 76.2% 80.0% Money market shares 50.2% 64.7% 64.7% 64.7% 61.1% 57.1% 60.0% Percent of Members in Offering CUs 30-Jun 30-Jun 2016 2015 2014 2013 2012 Credit cards 18.9% 20.9% 19.5% 18.1% 14.6% 15.9% 13.4% Other unsecured loans 17.4% 15.6% 14.7% 14.4% 11.8% 13.0% 10.9% New automobile 5.6% 3.7% 2.5% 2.0% 2.1% 2.6% 3.2% Used automobile 14.4% 15.2% 13.5% 12.3% 11.3% 12.0% 10.7% First mortgage 2.4% 1.7% 1.8% 1.9% 2.0% 0.3% 0.2% HEL & 2nd Mtg 2.1% 1.1% 2.0% 1.3% 1.5% 1.8% 1.8% Member business loans 0.2% 0.2% 0.2% 0.2% 0.2% 0.3% 0.2% Shared drafts 57.3% 69.6% 70.7% 65.7% 64.3% 68.6% 62.6% Certificates 7.7% 3.2% 3.6% 3.9% 4.3% 4.9% 5.3% IRAs 4.5% 3.5% 3.8% 4.0% 4.3% 5.3% 4.8% Money market shares 7.1% 7.8% 8.0% 8.1% 8.1% 10.3% 8.4% Earnings, net chargeoffs, and bankruptcies are year-to-date numbers annualized, Due to significant seasonal variation, balance sheet grwoth rates are for the trailing 12 months. US Totals include only credit unions that are released on the NCUA 5300 Call Report file.

Monthly Performance Report Aug 2017 Usage Summary Total Users Modules Viewed Educational Page Views Learning Minutes Aug 2,160 2,284 44,985 60,753 Since Launch* 19,120 25,981 359,421 493,496 Top Modules Viewed Auto Loans [2082] Credit Scores & Reports [1889] Building Emergency Savings [1686] Credit Cards [1880] Checking Accounts [1606] *The partnership between CANVCL and EVERFI officially launched June 30, 2016. Since then, 29 credit unions have signed on to be part of the program. The metrics reflected above are the aggregate results from 19 credit unions that have launched their adult financial education sites. For more information on Everfi, contact Tonja Wheatley at tonjaw@ccul.org