The days of hiding cash in buried tomato cans under the back porch are long gone. Today people have access to a variety of financial vehicles to service their hard-earned capital. Technology has undoubtedly made accessing money more convenient than ever before and financial institutions are not what they once were. With the decline in brick-and-mortar facilities, the … [Read more...] about Credit Unions in Nevada
Scott Arkills
The Last WordWhat are Your Professional Goals for 2024?
Scott Arkills President and CEO Silver State Schools Credit Union “By prioritizing people over profit, we will help our member-owners, their families, and the surrounding communities achieve financial wellness through financial literacy, innovation, and technology so they can bank when and how they want.” Denette Suddeth Regional President and Head of Commercial … [Read more...] about The Last Word
Credit UnionsDiversifying Loan Activity
Credit unions are becoming an increasingly important source of loans for small businesses, a development that’s particularly welcome to credit union executives vexed by the need to put massive flows of new deposits to profitable use. At the middle of this year, small business loans at the 15 credit unions headquartered in Nevada stood at $640 million, a 63 percent increase from … [Read more...] about Credit Unions
Scott Arkills: Silver State Schools Credit Union
Get to Know Business Leaders Throughout Nevada Scott Arkills Silver State Schools Credit Union Located in Las Vegas, Silver State Schools Credit Union is led by Scott Arkills who serves as president and CEO. Scott is responsible for every aspect of the over $1 billion asset and nearly 56,000 member strong credit union. He is a community leader and … [Read more...] about Scott Arkills: Silver State Schools Credit Union
Credit Unions: The Growth of Financial Cooperatives
Even in an era filled with bright economic statistics, the mid-year report from the Credit Union League of Nevada stood out. The industry group reported that credit union deposits in Southern Nevada rose by 8 percent year-over-year while total loans were up 10 percent. In booming Northern Nevada, mid-year deposits rose 12 percent over year-earlier numbers and loans … [Read more...] about Credit Unions: The Growth of Financial Cooperatives