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, but it still showed a $21.4 million net loss for 2010 and net worth at 4.32%.

The privately insured Silver State, which has been operating under a $22 million capital infusion note for more than a year from American Share Insurance Inc., the Ohio insurer, noted that its fourth quarter losses were pared to $4.4 million, down from the $15 million of a year ago. In 2009 Nevada’s largest CU lost nearly $51 million. Its net worth a year ago was 3.64%.  

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