Las Vegas credit union pares 2012 losses to $670,000 with three consecutive positive quarters.
Donations of time, money and effort.
Reduction in mortgage delinquencies point to progress being made, management says.
Silver State Schools Credit Union lost its position as Nevada’s largest credit union last year, along with $8.4 million. The troubled Las Vegas credit union said it posted a net loss of $2.8 million in the fourth quarter, and finished the year with a net loss of $8.4 million, but said...
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.
Silver State Schools Credit Union President/CEO Dave Rhamy had a tough December.