LAS VEGAS–Clark County Credit Union is reporting it hit a record $700 million in assets for the first time in its more than 65-year history.
“With six branches throughout the Las Vegas valley and an aggressive advertising campaign designed to increased awareness of the credit union’s unique benefits, more and more new members are joining CCCU each month,” CCCU reported.
This year’s asset growth rate is running at 10.9%, with membership growth at 9.62%. The credit union’s loan growth rate, 11.63%, is the strongest of all the numbers and each statistic is an indicator that CCCU’s services are hitting the mark with its member base, the credit union said.
“Adding commercial accounts and commercial lending has helped many more of our members with their business needs, and helped our own ratios to improve,” said Mark Andrews, CCCU’S Chief Marketing Officer. “We’ve also been able to reach a lot of new members through our marketing efforts. Plus, it has been a great economy lately. That also goes for our members, those working in the medical industry, first responders and other government sector employees.”