Silver State Schools Credit Union is headquartered in Las Vegas and is the 3rd largest credit union in the state of Nevada. It is also the 388th largest credit union in the nation. It was established in 1951 and as of June of 2023, it had grown to 178 employees and 61,660 members at 11 locations. Silver State Schools Credit Union's money market rates are 5X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Silver State Schools Credit Union offers membership to employees, retirees, volunteers, students and members of an organization such as PTA or PTO of educational organizations throughout the state of Nevada.
See current membership details
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Worst Credit Union By Far.
I would advise everybody to stay away from this credit union. They have fees associated with just about everything you could imagine and they will not reverse their decision once they charge you. Customer service does not exist, and their representatives will hang up on you if you question them. I would give them a zero star rating if I could. There are other banks on the CU network that I'm sure are much better to deal with.
Awful Credit Union.
Customer service is horrible, new fees popping up everywhere, tellers are undereducated and bank has no respect for long time members. I have stayed with this credit union becuase of convenience due to the fact that they are part of the CU service network and have been a member for 11 years! Finally closed my account and am so happy! P.O.S. customer service supervisor treated me as if I was a 10 year old child, when in fact he was a smarmy, little jerk that hung up on me! They nickle and dime you to death and act as if they are trying to be Chase or Bank of America, but sadly they are not. Goodbye and goodriddance!
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 97085 |
| Year Chartered | 1951 |
| Employees | 178 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.49% |
| Return on Equity - YTD | 8.31% |
| Annual Interest Income | $21.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $1.15B$1.13B |
| Loans | Q2 2023vs Q2 2022 | $802.5MM$677.4MM |
| Deposits | Q2 2023vs Q2 2022 | $1.06B$1.05B |
| Equity Capital | Q2 2023vs Q2 2022 | $68.2MM$67.3MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$2.2MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $4.3MM$1.7MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
