Silver State Schools Credit Union of Las Vegas

• Silver State Posts $1.2 Million Quarterly Profit

  By Jim Rubenstein  |  July 30, 2012

  Las Vegas credit union expects continued bottom line improvement through 2012.

• Silver State Schools to Close Three More Branches

  By Jim Rubenstein  |  November 16, 2011

  Beleagured credit union goes from nearly 20 branches to nine.

• 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.

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  Long, Winding Road to Recovery

  By Natasha Chilingerian  |  September 25, 2011

  At the close of 2011’s second quarter, a handful of credit unions located in the sand states, where a teetering economy has made it most difficult for financial institutions to thrive, shared hopeful bits of news: net worth ratio improvements, net income increases, loan loss reductions and operating expense cutbacks.

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  Sand States See Long, Winding Road to Recovery: Print Preview

  By Natasha Chilingerian  |  September 23, 2011

  This article will be among the news, features, analysis and insight filling the pages of the next print edition of Credit Union Times.

• 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 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 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 Schools Credit Union Cuts Loss

  By Jim Rubenstein  |  March 23, 2011

  The delay in reporting year-end results was far longer than expected, but the privately insured $718 million Silver State Schools Credit Union of Las Vegas managed to trim its year-ago losses by better than half to $21.4 million, though the CU still remained in a class as one of the...

• After Year-End Delay, Silver State Cuts Loss to $21 Million

  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.