After experiencing growth in 2011, Ventura County Credit Union said it plans to add up to 15% morestaff members in 2012.

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VCCU – which said its 2011 record included a net income of $5million; an ROA ratio of .93%; a net worth/assets ratio of 8.23%; atotal assets increase to $567 million from $509 million in 2010;and a membership increase by 6,400 new members to a total of 54,500– currently employs 121 people.

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“In 2011, many consumers realized the benefit of credit unions,and we're glad to welcome them to the VCCU family,” says JoeSchroeder, president and CEO of the Ventura, Calif.-based VCCU.“With the success of 2011, we're happy to add additional staff andservices in 2012. Our members are happy and we're stimulatingthe local economy – it's a great situation.”

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