Industry Focus: Credit Unions

Nevada executives in this industry met at the offices of Clark County Credit Union to discuss the trends and challenges facing their industry.

Strengthened by a collaborative spirit, credit unions that have made it through the recession work to provide quality services for their members. Recently, Nevada executives in this industry met at the offices of Clark County Credit Union to discuss the trends and challenges facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as … [Read more...]

What are you most thankful for?

Six Nevada executives share what they are most thankful for.

“I’m thankful for our employees and their dedication to the community. They’ve donated more than $1 million to local charities in their communities as part of this year’s Fuel For Life giving campaign and it’s an honor to work with such caring people.” Laura Lopez Hobbs • Senior Vice President/Human Resources and Administration, Southwest Gas Corporation “I am thankful that … [Read more...]

Credit Unions in Nevada: They’re Coming Back

Many credit unions in Nevada are garnering profits, a welcome trend.

During the recession, Nevada’s Boulder Dam Credit Union (BDCU) moved from the black into the red, primarily due to loan losses, said President and CEO Eric Estes. It weathered the financial decline by shrinking assets and shares. After three and a half years in the doldrums, the credit union’s health began to turn around. BDCU now has been profitable for about 18 months, … [Read more...]