RIVERSIDE, Calif. — This August marked a milestone for Altura Credit Union, which has added $100 million in assets over a year's time.

The credit union said it has grown to $800 million in assets, a $100 million increase since August 2005. In less than 10 years, Altura has grown from $240 million in assets, according to the credit union. Altura was created through the merger of Riverside County Federal Credit Union and Riverside County Schools Credit Union in 1998. The merged credit union changed its name to Altura in 2004 to reflect its expanded field of membership. Since then Altura's growth has not been enhanced through mergers, it said. "We are fortunate to be located in one of the fastest growing areas of the country, in Southern California's Inland Empire," said Mark Hawkins, Altura president and CEO. "However, this is only part of the story. We believe a major factor in our growth is our unwavering attention to member service and satisfaction, which translates into superior customer service as well as a wide product mix. We are focused on helping our members build wealth, achieve their dreams and protect their assets through our products and services."

Altura will be opening its 12th branch location in September in Murrieta, Calif.