RIVERSIDE, Calif. – Despite market conditions, Altura CU is moving ahead with its expansion plans, having added three new service facilities over the past month.
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In the last four weeks, Altura opened a 4,133-square-foot office on University Avenue in Riverside; a 3,563-square-foot office in Hemet and a 680-square-foot branch in Moreno Valley at the recently expanded Wal-Mart Supercenter on Moreno Beach Drive. That gives it a total of 16 branches.
The expansion comes despite the fact the $915 million credit union has experienced some of the same woes as other area credit unions, with a $780,000 third quarter loss.
