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By Marc Rapport |
January 27, 2012
Silver State Schools Credit Union continued to lose money in the fourth quarter but less than before, and the Las Vegas credit union got a $4.4 million advance from its private insurer.
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By Jim Rubenstein |
November 20, 2011
Perhaps it was bound to happen given the continuing financial slide of the $667 million Silver State Schools Credit Union.
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By Jim Rubenstein |
September 14, 2011
Dennis Adams said he doesn't read too much into handful of planned conversions from NCUA coverage to his company.
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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.
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By Jim Rubenstein |
August 18, 2011
New CEO says management "continues working to stabilize" Las Vegas CU.
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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.
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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.
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By Jim Rubenstein |
April 27, 2011
Still working under a state order and a loan from its private insurer, Silver State Schools Credit Union is back in the black.
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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 |
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.