Credit unions with share deposits primarily insured by the Dublin, Ohio-based American Share Insurance will not pay a special premium assessment in 2014, according to a Aug. 28 release from the private insurer.
ASI says recoveries from Silver State Schools Credit Union and other financials this year contribute favorably to the bottom line.
Local credit unions are making big improvements to their financial reports as Sin City heats up.
Black Hills Federal Credit Union, Rapid City, S.D., announced the recipients of the 2013 VIBZ scholarships. The six high school seniors were selected from more than 50 applicants from 16 area schools in western and central South Dakota. Each will receive a $1,000 scholarship toward attending the college...
End of the school year means distribution of credit union-funded scholarships to deserving students nationwide.
One year ago, the Las Vegas credit union reported a $3.5 million net loss during the same period.
The $3.9 billion Patelco Credit Union experienced its most profitable year in the Pleasanton, Calif.-based institution’s 76-year history, with a $55.5 million net profit and 1.48% return on assets. In fact, last year’s earnings were more than the total of $37 million earned from 2005 to 2011 combined.
Las Vegas credit union pares 2012 losses to $670,000 with three consecutive positive quarters.
Las Vegas credit union in the black for the quarter, the red for the year.
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