Friday, March 5, 2010

Southern Nevada-based CUs Lose $120 Million in 2009

The Las Vegas Review-Journal is reporting that Southern Nevada-based credit unions lost about $120 million in 2009.

The article reports that Silver State Schools Credit Union, Nevada Federal Credit Union, and Clark County Credit Union accounted for a majority of the losses.

Privately-insured Silver State Schools CU and Clark County CU reported losses of $50.9 million and $25.3 million, respectively.

Nevada Federal Credit Union lost $32 million.

No comments:

Post a Comment