To get all that and pay no monthly service fee, simply make at least nine debit card purchases and one direct deposit every month, and receive your statements electronically. It’s just another way we help you Live Greater. OPEN YOUR ASPIRE CHECKING ACCOUNT TODAY.
*APY=Annual Percentage Yield. Aspire Checking accounts can earn up to 4.00% APY on balances up to $50,000. Qualifications must be met. Visit gncu.org or call us at (800) 421-6674 for terms and conditions.
COMING SOON! I Can Save Account.
Do you worry about not having enough money saved to pay for an emergency? You’re not alone. In fact, 25 percent of Americans have nothing saved for an emergency or unexpected expense1, and 58 percent of adults have less than $1,000 in total available savings2.
Greater Nevada Credit Union, with a passion to help more people live greater, will soon introduce the I Can Save account. The account is designed to help qualifying* members start a basic savings plan and learn how to routinely contribute to their financial wellbeing. Here’s how it will work:
- Open your I Can Save account – online or in your local branch.
- Make a deposit into your I Can Save account each month – there is no minimum requirement, but there is a monthly maximum deposit.
- You’ll earn a special, generous rate while building your savings balance until it reaches $1,000. After that, you earn the current GNCU share savings account rate.
- If you withdraw funds from your I Can Save account for any reason, there is a two-year waiting period to open another one.
*Watch gncu.org for details and qualifications.
1https://www.cnbc.com/2018/07/02/about-55-million-americanshave- no-emergency-savings.html 2https://www.gobankingrates. com/saving-money/savings-advice/average-american-savingsaccount- balance/
From the President
WE ADVOCATE FOR YOU!
Credit unions and politics may seem like strange bedfellows; however for better or worse, they are very tightly linked. That’s why we at Greater Nevada invest significant time and energy advocating with federal, state and local legislators and regulators to ensure that the voice of the consumer and smaller businesses are heard when policymakers are contemplating decisions in areas like banking policy, privacy and data security.
Credit unions are creatures of legislation, as their existence came out of laws that were passed decades ago at the federal and state levels. Those laws need to be updated occasionally, and we need to be involved in that process to ensure our ability to serve you. In addition, there are differing opinions about what credit unions should be able to do and who they should be able to serve. Some parties (frequently the banking industry) would prefer that consumers and businesses have fewer choices for their banking services, so they relentlessly seek to limit the capabilities of your credit union.
Naturally, we at Greater Nevada think differently and believe as many people as possible should have access to the type of well-priced, high-quality financial services America’s credit unions have typically delivered. So we work hard to share that message with those in governmental positions of authority and oversight, and we work to back those candidates who have demonstrated they are credit union friendly, regardless of political party affiliation.
Beyond that, credit unions and other institutions must also comply with a long list of state and federal regulations as the world of providing financial services becomes increasingly more complex. This has become a tremendous challenge for community institutions to address. Yet we at Greater Nevada successfully continue to do so, while simultaneously working with government agencies to reduce onerous and costly impacts of their rules when they don’t make good sense.
Occasionally an issue may arise where we need to rely on our biggest advocacy resource—which is YOU! Experience has shown that credit union members can have significant impact when they share their voice to help persuade decision makers. We don’t ask for such participation often, but when we do it is always taken seriously by those individuals, as they realize credit union members who take the time to communicate with them are also very likely to take the time to vote!
Sometimes trying to work with legislators and other governmental officials can be challenging, and even frustrating. Yet we willingly do so because we believe there is a Greater good, which is ensuring your credit union retains the ability to serve you in the manner you desire and deserve. We view our investment in advocacy as an investment in you, the member/owners of Greater Nevada Credit Union.
President & CEO
Your 2019 Board of Directors Results
The GNCU Board comprises seven Directors, who volunteer their time and experience to oversee the management of your credit union.
Directors are elected to serve three-year terms, which expire on a rotating basis. This year, three Director positions were open, and Greater Nevada is pleased to announce the three individuals who will fill those seats:
All year long, you can find Greater Nevada Credit Union (GNCU) making a difference in the communities we serve. Thanks to our employees who collectively volunteer thousands of hours annually, the organizations with which we partner, and the many others who support them. Following are just a few highlights of what we’ve accomplished so far in 2019.
- Continued to help raise funds for the WOLF PACK MARCHING BAND at home basketball games, including providing fans who donated during the white out game a GNCU “I’m with the band” t-shirt.
- Presented “BITE OF REALITY” financial education simulations at the Boys & Girls Clubs of Truckee Meadows, Dayton High School, Sierra Lutheran High School in Carson City, and Northern Nevada Council for the Social Studies’ Conference.
- Raised funds for SPECIAL OLYMPICS NEVADA’S ANNUAL POLAR PLUNGE at Lake Tahoe to support our local athletes. Greater Nevada had more than 70 employee plungers and chickens participate.
Meet the Advisors
Whether you’re an experienced investor or new to making long-term financial decisions, the advisors at Greater Nevada Financial Services can help with your investment and insurance needs.
Call (775) 334-3168 or (775) 886-1468 to schedule a no-cost, no-obligation consultation today.
Advisors are registered representatives offering securities and advisory services through Cetera Advisor Networks LLC, member FINRA/SIPC, a broker/ dealer and Registered Investment Adviser. Cetera is under separate ownership from any other named entity. Registered address: 481 Eagle Station Lane, Carson City, NV 89701/6745 Sierra Center Parkway, Reno, NV 89511. Investments are not deposits; NOT NCUSIF insured; and NOT insured by any federal government agency. No credit union guarantee. May lose value.
Growing to Better Serve You
More GNCU branches and service locations are headed your way! GNCU’s Mobile Branch is on the move and features an ATM and member service representatives to help you open new accounts, apply for loans, conduct transactions, and more. Watch gncu.org for updates and location schedules.
Our Spanish Springs Branch is being remodeled, and soon members will enjoy an even greater experience with new service pods and interactive teller machines (ITMs). Meanwhile, the new full-service Fernley Branch is scheduled to open late summer. Both branches will feature ITMs with the ability to conduct transactions during extended hours via video member service representatives.
Business Made Easy
Greater Nevada Credit Union commercial services is here to help make managing your business finances easier. We offer affordable and secure options such as:
Merchant Services – Lets you accept all major credit cards at a competitive rate, funds are deposited directly to your GNCU business checking account, and you can process orders from anywhere – even your mobile device!
Remote Deposit Capture – Saves you trips to the branch by enabling you to easily scan and deposit your business checks from the convenience of your desk or home office.
Online Wires – Simply log on to our business cash management tool to initiate wire transfers online anytime, anywhere.
READY TO GET STARTED? Visit your local GNCU branch or visit gncu.org to learn more.
Spring Clean Your Insurance
It’s a great time to take a fresh look at your insurance policies, and Greater Nevada Insurance (GNI) can help make sure you’re getting the right coverage for the best price. GNI works with a wide variety of well-known, top-rated insurance companies and offers free, no-obligation quotes to learn how much you could save.
On average, members SAVE $647 PER YEAR!*
Vehicle: Auto, motorcycle, boat, ATV, RV, and travel trailers
Property: Home, condo, renters, and mobile home
Business: General liability, business automobile, errors & omissions, commercial property, and workers’ compensation
Life & More: Pet, dental, vision, disability, and even non-insurance products, such as identity protection
Simply call (775) 886-1444 or visit GreaterNevadaInsurance.com to get started.
*Available insurance products are not deposits of Greater Nevada Credit Union and are not protected by any type of deposit insurance, are not obligations of or guaranteed by Greater Nevada Credit Union or its affiliates, and may be subject to risk. Insurance products are not insured or guaranteed by the National Credit Union Administration (NCUA) or any other agency of the United States. Any insurance required as a condition of the extension of credit by Greater Nevada Credit Union need not be purchased from our Agency but may, without affecting the approval of the application for an extension of credit, be purchased from an agent or insurance company of the customer’s choice. Figure of $647 is a national average savings number from the previous 12 months of auto, homeowner and packaged policyholders’ savings when compared to the policyholders’ former premiums. Individual premiums and savings will vary.
Make Car Shopping Easier with AutoSMART
Streamline the process of visiting multiple dealerships, looking at inventory, researching, and financing with GNCU’s AutoSMART online car-buying resource.
At AutoSMART, you can compare thousands of new, used, and certified pre-owned vehicles and even get exclusive member pricing from select dealerships.
Applying* is easy, too! GNCU options include payment saver, first-time borrower, and traditional financing. We’ll help you get the car you want with a payment that fits your budget.
Get started today at gncu.org/auto-loans and click on “Research & Shop.” Or, speak with a GNCU loan consultant by calling (855) LIV-GR8R.
*All loans are subject to credit approval by GNCU.
*For a complete list of winners visit gncu.org/70daysofgreater
Mobile Banking is Even Greater!
We’re committed to making your experience with GNCU convenient, secure, and valuable. Watch for these new services for even greater banking on the go.
MOBILE WALLETS: AVAILABLE NOW
Add your GNCU Visa® debit card to your favorite device to pay at many of your favorite merchants without having to use your plastic card. Choose from five different mobile wallets: Apple Pay®, Samsung® Pay, Google Pay™, Fitbit Pay™, and Garmin Pay™. You can also use Apple Pay, Samsung Pay, and Google Pay to send or receive money using an email or mobile phone number.
BILL CAPTURE: AVAILABLE NOW
Bill capture enables you to take a picture of your paper bill with your smartphone and easily pay it through your eBranch online banking and mobile app.
GNCU CARDS APP: COMING SOON
This new mobile app will give you greater control of your GNCU Visa debit cards. Features will include the ability to quickly turn your card on and off, and even decline certain transactions. Plus you’ll enjoy real-time alerts, locators to find the nearest GNCU branches and ATMs, and location match to use during purchases for added security.
Watch gncu.org for more service enhancements coming soon.