The turnaround signs for troubled Nevada credit unions remain still hard to come by Wednesday, according to CEOs, as at least one, the $783 million Nevada FCU detailed the shedding of 30 jobs this week bringing its payroll down to 270 employees.

"It's not pleasant, but it's the right thing to do," explained Brad Beal, CEO of Nevada FCU, which serves 86,000 members in Las Vegas, Pahrump and Reno. Like nearly all the other major CUs, its most recent financial statement is covered in red ink.

In a statement, Nevada FCU said it was acting "in response to the further deterioration of the local economy" and that it had eliminated 30 positions "and restructured several others."

CU officials said there are no current plans to shutter any of Nevada FCU's 23 statewide branches "but we are looking at all expenses." Its capital position stands at 9.5%

Wayne Tew, president/CEO of the rival $580 million Clark County CU, said his headcount remains at 97 "and there are no immediate plans to reduce that number" or cut its six branches.

"But nobody, not even the President of the United States can say where this is going," lamented Tew.

According to regulatory stats, the state's largest CU the $899 million Silver State Schools had a net loss of $36 million for the year and 4.29% net worth. Its top officials have declined to return phone calls.