The $655 million Silver State Schools Credit Union in Las Vegassaid Friday it has notched its fifth straight profitablequarter.

The privately insured credit union – a one-time billion dollarinstitution that hit hard times after the housing crash in 2008 –showed net income of $7.48 million in the quarter ending June 30and year-to-date income of $8.65 million, said CEO Andy Hunter.

“Our internal actions coupled with improvement in local economicconditions are being reflected in our improving financial results,”Hunter said in Friday's announcement.

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