Nevada's economic woes have dealt a sharp blow to the Las Vegas chapter of the California and Nevada Credit Union Leagues.
Meetings of the Southern Nevada Chapter are being cancelled and participation has dwindled to eight CUs. One of its largest benefactors, the long-ailing Silver State Schools Credit Union, the state's largest at $725 million in assets, dropped its affiliation with the league earlier this year.
League officials acknowledged Monday the low turnout for meetings and the difficulty of rounding up participants for the regular monthly sessions or special vendor shows when so many CUs have endured red ink or are just now starting to show small profits.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
