Golden 1 Credit Union, the (61650), a $21.1B credit union headquartered in Sacramento, CA, led by CEO Bland, reported $18.9B in member deposits at the end of 2025 Q3, an increase of $1.8B (+10.7%) compared to the same quarter last year.
The credit union's 81.9% loan-to-share ratio represents a balanced approach between deploying deposits into loans and maintaining adequate liquidity.
At a high level: growth optionality remains strong with ample deposit runway.
Deposit Composition
Golden 1 Credit Union, the's deposit portfolio is led by Share Certificates, comprising 32.1% of total deposits—time deposits (cds) with fixed terms and rates. Strong certificate balances indicate member preference for term deposits and predictable funding costs.
Deposit Portfolio Breakdown
| Deposit Type | Balance | % of Total | YoY Growth |
|---|---|---|---|
| Share Certificates | $6.1B | 32.1% | +33.0% |
| Share Drafts | $4.3B | 22.7% | +8.3% |
| Money Market | $4.0B | 21.2% | +4.0% |
| Regular Shares | $3.6B | 19.0% | -5.8% |
| IRA/KEOGH | $644.6M | 3.4% | +8.3% |
| Non-Member Deposits | $300.0M | 1.6% | +0.0% |
Source: NCUA 5300 Call Reports (2025_Q3)
Quarterly Deposit Trends
Robust deposit growth of this magnitude typically reflects competitive dividend rates, successful marketing campaigns, or strong community relationships driving member acquisition.
Quarterly Trend
| Period | Total Deposits | QoQ Change | Avg/Member |
|---|---|---|---|
| 2024 Q2 | $16.9B | $15K | |
| 2024 Q3 | $17.1B | +1.2% | $15K |
| 2024 Q4 | $17.7B | +3.3% | $15K |
| 2025 Q1 | $18.3B | +3.5% | $16K |
| 2025 Q2 | $18.5B | +1.2% | $16K |
| 2025 Q3 | $18.9B | +2.3% | $16K |
Source: NCUA 5300 Call Reports
Member Deposit Metrics
Golden 1 Credit Union, the serves 1,170,482 members, an increase of 3.4% year-over-year. The average member deposit of $16K has grown 7.1% compared to last year.
Strong deposit growth combined with member growth indicates successful market expansion and competitive deposit products.
Historical Context: Since the 2008 Crisis
Golden 1 Credit Union, the's deposit base has grown 214% since Q3 2008, when the financial crisis was at its peak. At that time, the credit union held $6.0B in member deposits serving 691,932 members.
Membership has expanded 69% over this period, demonstrating strong community trust and successful member acquisition.
Peer Comparison
Among 16 credit unions in its $10.5B–$31.6B asset peer group, Golden 1 Credit Union, the ranks in the 87th percentile for deposit growth. This positions the credit union as a deposit-gathering leader among similarly-sized institutions.
Outlook
With strong deposit momentum, Golden 1 Credit Union, the appears well-positioned to fund loan growth and maintain competitive member services. Key factors to watch include deposit rate trends, member acquisition costs, and competitive dynamics in the CA market.
Golden 1 Credit Union, the's Q4 2025 results, expected in early 2026, will provide further insight into whether this deposit growth trajectory can be sustained.
Track This Credit Union
Monitor Golden 1 Credit Union, the's quarterly deposit performance, member metrics, and share composition with Finleet Terminal.
Data Sources: NCUA 5300 Call Reports (2025_Q3), NCUA Historical Data (2007-present), Finleet Proprietary Analysis
Methodology: Year-over-year growth calculated comparing 2025_Q3 to same quarter prior year. Peer groups defined as credit unions within 50% asset range. Average deposit calculated as total shares and deposits divided by total members.