Silver State Schools Credit Union cuts losses

Silver State Schools Credit Union this morning reported as $3.6 million loss, down from $16.8 million for the same quarter a year ago.

The credit union, which serves teachers and other educators, lost $17 million for the first nine months of 2010, down from $40.9 million last year.

American Share Insurance, a private share depositor, insures deposits at Silver State Schools.

Contact reporter John G. Edwards at or 702-383-0420.


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