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Lake Elsinore Man Wins Dream Vacation from Altura

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(Riverside, Calif.) December 11, 2017 – Jose F. Gonzalez, an Altura Credit Union Member from Lake Elsinore, is the third winner in the credit union’s “Visit Your Dream Destination” giveaway. As part of a celebration of Altura’s 60th anniversary, the credit union is thanking its Members by giving away four dream vacations in 2017.

Gonzalez is the latest to win the prize. An Altura Member for more than 15 years, Gonzalez was among three finalists in the recent drawing held at the Altura’s Cactus Branch in Moreno Valley.

Altura Logo Adorns New Cal Baptist Arena in Riverside

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Part of New Marketing Partnership

(Riverside, Calif.) Dec. 5, 2017 –California Baptist University in Riverside, Calif., recently announced a new integrated marketing partnership with Altura Credit Union for its just opened
5,050-seat Events Center. Altura has had an exclusive partnership with Cal Baptist since mid-2014. This latest partnership includes naming rights to the basketball court, which features the Altura logo along each sideline. Altura, the largest credit union in Riverside, is the official credit union of Lancer Athletics and the preferred credit union of the university.

The new state-of-the-art sports arena, which debuted in November, is the only venue of its kind in Riverside. It will be used by both the Lancers men’s and women’s teams. The sports venue is part of the university’s transition to Division 1 within the Western Athletic Conference. Local sports writers have described the Events Center as being light years removed from the old gym.

Altura Reports $8.09 Million Net Income for Third Quarter

(Riverside, Calif.) Nov. 20, 2017 *– Altura Credit Union today reported Net Income of $1.63 million on Total Assets of $1.287 billion for the quarter ended Sept. 30, 2017. Year-to-date, Altura reported Net Income of $8.091 million, an increase of 9.9 percent compared to the same period in 2016. Total assets also increased 4.8 percent over the comparable period last year. Additionally, Altura reported a Net Worth Ratio of 10.7 percent, up from 10.62 percent from the same period last year.

“Altura has experienced substantial revenue growth through the first nine months of 2017,” said Altura President and CEO Jennifer Binkley. “In particular, our year-over-year loan growth is very strong with our total loan balances increasing by 15.19 percent. While auto loans continue to be a mainstay of our loan business, during 2017 we focused on offering our Members more options for mortgage loans. We also introduced our Uphora Rewards Credit Card, something our Members told us they wanted,” she added.

Membership growth remains strong through the third quarter, especially among the population segment known as “millennials.” Binkley explained, “We created an internal marketing team of our own millennial-age employees to help us develop outreach campaigns to these potential members. The results have been incredibly successful. We are 127 percent over our 2017 target for new Members in this age group.”

Giant Equifax Data Breach: 143 Million People Could Be Affected

Credit reporting agency, Equifax has experienced a data breach that can compromise the personal information of as many as 143 million U.S. citizens. Access the link in this article to learn more. Links from CNN Money.

What happened?
http://money.cnn.com/2017/09/07/technology/business/equifax-data-breach/index.html?iid=EL

How to find out if you’re affected by the hack:
http://money.cnn.com/2017/09/07/pf/victim-equifax-hack-how-to-find-out/index.html?iid=EL