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By Jim Rubenstein |
March 11, 2011
The long-term financial troubles at Nevada’s largest credit union, the $718 million Silver State Schools,, have also been accompanied by recent changes of senior management.
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By Jim Rubenstein |
March 10, 2011
Perhaps now the last credit union in the nation to file its year-end call reports, the long ailing Silver State Schools Credit Union of Las Vegas reported late Wednesday an improvement in its financial condition.
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By Jim Rubenstein |
January 20, 2011
Illinois-based Credit Union 1, one of the leaders among privately insured CUs in the merger market, is ready to take over its third, small struggling CU in a year.
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By Jim Rubenstein |
January 5, 2011
Sounding a lament typical of many small credit unions, the $51 million Perfect Circle CU of Hagerstown, Ind. announced this week it is taking consolidation steps in preparation for more tough times in the industry.
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By Jim Rubenstein |
November 24, 2010
Tributes from city leaders and politicos continued to pour in Wednesday for the late William Ferrence, the president/CEO of Boulder Dam Credit Union in Nevada described as the community's "most beloved leader" and a bold activist.
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By Jim Rubenstein |
November 9, 2010
The long-ailing Silver State Schools Credit Union of Las Vegas said Tuesday it is witnessing "a sharp improvement in earnings," having trimmed its nine-month loss to $17 million, a 58% gain over the $40.9 million a year ago.
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September 15, 2010
On two fronts, the $725 million Aloha Pacific Federal Credit Union of Honolulu is expanding. It's buying a branch from the troubled Silver State Schools CU in Las Vegas and merging with a small, faith-based CU.
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By Jim Rubenstein |
September 9, 2010
The ailing $791 Silver State Schools Family CU of Las Vegas is negotiating with its private insurer, American Share Insurance Inc. of Ohio for a five-year extension of a $22 million capital infusion loan made in February.
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By Jim Rubenstein |
September 3, 2010
Aloha Pacific Federal Credit Union of Honolulu is moving ahead with expansion on two fronts: it merged a small, ailing CU and is opening its first out-state-branch in Las Vegas purchasing a Silver State Schools CU facility.
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By Claude R. Marx |
March 3, 2010
WASHINGTON -- NCUA Board Member Gigi Hyland said credit unions will thrive in the future, while Board Member Michael Fryzel urged credit unions to use their good reputation as a basis for getting legislative priorities passed by Congress.
