LAS VEGAS -Lady luck is smiling on the members of the $340 million Las Vegas-based Clark County Credit Union. The CU is giving more than $3.75 million to its 31,300 members in the form of a bonus dividend. The dividend, which will be deposited into members' accounts this week, will average $119 per member, with the highest single bonus totaling $20,300. Including this week's bonus, since 2000 CCCU has given nearly $10 million to its members, which include Clark County, City of Las Vegas and City of Henderson employees, as well as the county's medical community. The CU credited the healthy dividend on its 2.16% ROA in 2002, which is more than three times the average 0.70% ROA among its peers in the credit union industry. The CU also recorded a net worth of 12.11%, compared to the industry peer average of 10.26%.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
