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Silver State Schools Credit Union Opens In-School Branch at Southeast Career Technical Academy

September 16, 2021
In The News Callout
Las Vegas, NV (September 15, 2021) – Silver State Schools Credit Union (SSSCU), announces the opening of its first in-school branch in Southern Nevada in over 20 years at Southeast Career Technical Academy (SECTA) High School. Silver State Schools Credit Union has agreed to partner with the Clark County School District (CCSD) to build four in-school SSSCU branches. The grand opening for the first in-school branch took place on Tuesday, September 14, 2021.

The SECTA Roadrunner Branch will provide access to basic financial transactions, as well as an on-site ATM, and will be open to SECTA students, teachers, administrators, and staff. However, this branch will not be open to the public. Eight students have been selected to participate as “Student Tellers” and they receive mentorship in the areas of branch operations, financial products, services, and financial literacy.

Along with serving the educational and Southern Nevada community, this innovative “in-school” partnership will also include the availability of school-branded SSSCU Debit and Credit cards. Silver State Schools Credit Union will donate a percentage of interchange income back to Southeast Career Technical Academy. The credit union will also be providing financial literacy seminars for students and parents as part of the in-school branch program.

“Our team at Silver State Schools Credit Union is pleased to open our first in-school branch at Southeast Career Technical Academy, allowing for convenient access to our substantial financial resources. For more than 70 years, we have been committed to strengthening our community, supporting our neighbors and Prioritizing People Over Profit,” says Scott A. Arkills, President and CEO, Silver State Schools Credit Union. “It is our goal in the foreseeable future to provide three additional in-school branches with CCSD and create ongoing programs for our youth, such as scholarships, financial literacy, and distant learning tools, to build a better future for our next generation and children in Southern Nevada by educating, empowering, and enhancing the community.”

ABOUT SILVER STATE SCHOOLS CREDIT UNION

Silver State Schools Credit Union (SSSCU), founded in 1951, is a state-chartered financial co-operative Prioritizing People Over Profit. The Credit Union serves nearly 57,000 members of the educational community and their families in Nevada with ten branches throughout the Las Vegas Valley. SSSCU provides “Excellent Member Service and Financial Solutions – for Life!” via a wide range of banking products, discounts, and resources. As of June 30, 2021, SSSCU reported total assets of $1.1 Billion, deposits of $989 Million, and loans of $627 Million. Liquidity remains strong at $181 Million, and the credit union is well-capitalized with a regulatory net worth at $97 Million, equal to 8.91% of total assets. Accounts insured up to $500,000. American Share Insurance insures each account up to $250,000. Excess Share Insurance Corporation provides up to an additional $250,000 of insurance per account. This institution is not federally insured. For more information, visit silverstatecu.com.