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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 |
November 16, 2010
The head of American Share Insurance voiced confidence that Nevada's largest and long-troubled credit union, the $791 million Silver State Schools, can start showing a profit soon even though it missed the 2010 target.
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By Jim Rubenstein |
September 22, 2010
The ailing $791 million Silver State Schools Family CU of Las Vegas is making slow but steady progress toward recovery even as it seeks to negotiate a five-year extension of a $22
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September 15, 2010
American Share Insurance announced a 15 basis point special premium assessment on the credit unions that use the private firm to insure their deposits. The firm said it insures member deposits up to $250,000 at 150 state-chartered credit unions.
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By David Morrison |
September 9, 2010
Credit unions that insure their deposits with American Share Insurance will face a premium increase this fall, the private share insurer has announced.
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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 Claude R. Marx |
June 9, 2010
Proposed new regulations on mergers and mutual bank conversions encroach on state autonomy,
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By Jim Rubenstein |
May 19, 2010
Conditions seem to be improving for Nevada's largest and most troubled credit union, the $819 million Silver State Schools Credit Union, according to its private insurer, American Share Insurance of Ohio.
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By Claude R. Marx |
May 7, 2010
The $819 million Silver State Schools, is on the financial mend despite shedding five of its 21 branches and witnessing the high level departure of top executives, said the president of its lead insurer, American Share Insurance of Ohio.
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By Jim Rubenstein |
January 13, 2010
Las Vegas has become the industry hot spot this month for heated public dialogue about federal vs. private insurance with both NCUA Chairman Debbie Matz and American Share Insurance CEO Dennis Adams taking turns at media megaphones.
