HyattWard has been working with Altura Credit Union since 2002 and as we creep up on our 20th Anniversary in business in 2017, we can think of no better anniversary gift than to watch our clients succeed.
Altura Credit Union, which opened its doors 59 years ago and now operates 13 branch offices in Riverside County, California, last reported 117,000 Members and $1.22 billion in assets. Altura Credit Union’s third quarter numbers demonstrates that these numbers are growing.
- + Year-to-date income of $7.503 million
- + An increase of $1.380 million compared to the same period in 2015
- + A 23% increase in net income on a year-over-year basis
- + Net-worth increase of 6.1% to $130.5 million
- + An 18% increase in automobile loan balances to $460 million
- + Net Worth Ratio of 10.62% as of Sept. 30, 2016
Mark Hawkins, Altura CEO also reported that there has been a marked interest in Membership throughout 2016.
Altura’s Membership growth has averaged 1,200 new members a month.
“This represents the strongest, sustained rate of growth we’ve seen in years,” Hawkins said. (Click here to read the press release.)
HyattWard is excited to be a partner to Altura Credit Union and congratulates the team on such impressive third quarter numbers. We know how hard they all work, how dedicated they are to their Members and to the credit union mission. We don’t have to tell you though. Their numbers show it!
Click here to see a selection of Altura marketing pieces on our website.
