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...] about Industry Focus: Credit Unions
Nevada credit unions
Credit Unions in Nevada: They’re Coming Back
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...] about Credit Unions in Nevada: They’re Coming Back