Golden 1 Credit Union, the (61650), a $21.1B credit union headquartered in Sacramento, CA, led by CEO Bland, reported $15.5B in outstanding loans at the end of 2025 Q3, an increase of $1.3B (+8.9%) compared to the same quarter last year.
The credit union's 81.9% loan-to-share ratio represents a balanced approach to asset-liability management. With 496,712 loans outstanding to 1,170,482 members, the average loan balance stands at $31K.
Net effect: deposit momentum supports loan growth capacity without liquidity strain.
Portfolio Composition
Golden 1 Credit Union, the's loan portfolio is dominated by Indirect Loans, comprising 26.9% of total loans. This diversified approach balances risk across multiple loan categories.
Loan Portfolio Breakdown
| Loan Type | Balance | % of Portfolio |
|---|---|---|
| Indirect Loans | $4.2B | 26.9% |
| Used Vehicles | $2.3B | 14.9% |
| New Vehicles | $2.2B | 13.9% |
| Business Loans | $1.3B | 8.4% |
| Credit Cards | $737.8M | 4.8% |
| Other Unsecured | $650.6M | 4.2% |
Source: NCUA 5300 Call Reports (2025_Q3)
Quarterly Loan Trends
Sustained loan growth of this magnitude typically reflects competitive pricing, expanded indirect lending channels, or successful member acquisition campaigns.
Quarterly Trend
| Period | Total Loans | QoQ Change | Loan/Share |
|---|---|---|---|
| 2024 Q2 | $14.1B | 83.4% | |
| 2024 Q3 | $14.3B | +1.1% | 83.3% |
| 2024 Q4 | $14.6B | +2.5% | 82.6% |
| 2025 Q1 | $14.8B | +1.5% | 81.0% |
| 2025 Q2 | $15.1B | +1.7% | 81.4% |
| 2025 Q3 | $15.5B | +2.9% | 81.9% |
Source: NCUA 5300 Call Reports
Credit Quality & Risk
Golden 1 Credit Union, the reports $115.7M in loans delinquent 60+ days, representing a 0.75% delinquency rate. This moderate delinquency rate is consistent with industry norms.
Year-to-date net charge-offs of $83.8M represent a 0.54% annualized loss rate. Charge-off trends should be monitored as economic conditions evolve.
Historical Context: Since the 2008 Crisis
Golden 1 Credit Union, the's loan portfolio has grown 247% since Q3 2008, when the financial crisis was at its peak. At that time, the credit union held $4.5B in loans with a 0.85% delinquency rate.
Today's delinquency rate of 0.75% remains below crisis-era levels, demonstrating improved credit quality and risk management.
Peer Comparison
Among 16 credit unions in its $10.5B–$31.6B asset peer group, Golden 1 Credit Union, the ranks in the 56th percentile for loan growth.
Outlook
With strong loan growth momentum, Golden 1 Credit Union, the appears well-positioned for continued portfolio expansion. Key factors to monitor include deposit growth to fund lending, credit quality trends, 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 growth trajectory can be sustained.
Track This Credit Union
Monitor Golden 1 Credit Union, the's quarterly loan performance, credit quality metrics, and portfolio 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. Delinquency rate calculated as loans 60+ days past due divided by total loans. Crisis comparison uses Q3 2008 as baseline.