Silver State Schools

• Losses Continue at Silver State Schools

  By Jim Rubenstein  |  November 3, 2011

  New CEO cites loan loss provisions as struggling Las Vegas credit union continues red ink bath.

• Silver State’s Gain Disappears

  By Jim Rubenstein  |  August 31, 2011

  The distressed $712 million Silver State Schools Credit Union of Las Vegas confirmed again what analysts had expected: a first-half $2.8 million loss. But its new management continued again last week to claim progress is being made toward recovery.

• Silver State’s Hunter Eyes Second Half Recovery

  By Jim Rubenstein  |  August 19, 2011

  New CEO of Las Vegas credit union cites positive signs in local economy, schools.

• Silver State Erases First Quarter Gain, Shows $2.8 Million Loss

  By Jim Rubenstein  |  August 18, 2011

  New CEO says management "continues working to stabilize" Las Vegas CU.

• Silver State Gets a Veteran CEO in Andrew Hunter

  By Jim Rubenstein  |  July 3, 2011

  The David Rhamy saga at the long-ailing Silver State Schools Credit Union in Nevada ends next Monday with the CEO’s retirement and succession by the former CEO of Patelco Credit Union, Andrew Hunter.

• ‘Restless’ Hunter Says He's Prepared for Silver State Schools Challenge

  By Jim Rubenstein  |  June 30, 2011

  Former Patelco CU CEO cites background with schools-related CUs, says he's ready to leave retirement behind.

• Silver State Schools Insurer Lauds New CEO Appointment

  By Jim Rubenstein  |  June 30, 2011

  American Share Insurance president says former Patelco CEO Andy Hunter was hired by troubled Las Vegas CU "for the long term."

• Rhamy Retiring from Silver State Schools, Hunter Taking Over

  By Marc Rapport  |  June 28, 2011

  Former Patelco CEO takes helm on July 11 while outgoing CEO to continue in consulting role, concentrate on law practice.

• Silver State Schools Relocates University Branch

  By Jim Rubenstein  |  June 16, 2011

  Part of continuing effort to cut expenses and restore financial health at Nevada's largest credit union.

• Silver State Curtailing Shared Branch Hosting

  By Jim Rubenstein  |  June 6, 2011

  Contending it needs to “focus solely” on its own members, Silver State Schools Credit Union is ending some of its shared branching operations in Nevada effective in August.