The 85,000-member Altura Credit Union in Riverside, Calif., saidthis week that it has recorded its ninth-straight quarter of netgain.
Altura said net income for the quarter ending June 30 was $3.47million on total assets of $704.6 million. Net income for the firsthalf of 2013 was $8.45 million, compared to $11.07 million for thesame period in 2012.
Net worth also strengthened in the second quarter, the creditunion said, coming in at 10.82%, up from 10.13% in the firstquarter and 8.69% in the year-ago period.
Continue Reading for Free
Register and gain access to:
- 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
© 2024 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.
