Monday , November 25 2024
Breaking News
Inland Empire credit unions are gaining in popularity
Inland Empire credit unions are gaining in popularity

Credit Union Reports Growth

Altura Credit Union reported net income of $2.6 million during the second quarter of this year, up from $2.1 million compared with the second quarter of 2015.

During the first half of this year, the Riverside-based financial institution had a net income of $5.87 million, according to the company’s second quarter report, which was released Thursday.

Altura, which has an estimated 117,000 members and nearly $2 billion in assets, has added about 1,100 members each month since the start of the year, according to the report.

Check Also

cash dividend

Bank reports nearly $11 million in net income

American Business Bank has announced net income of $10.8 million – $1.16 per share – …