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Greater Nevada Named Best Credit Union by Northern Nevada Business Weekly for 2020
(Dec. 30, 2020) - Greater Nevada Credit Union has been named the Best Credit Union, and 3rd most philanthropic organization of 2020 in the Northern Nevada Business Weekly Best in Business 2020 Awards.
The winners were determined after a nomination period from Aug. 19 - Sept. 9, 2020, followed by the Sept. 23 - Oct. 7 voting period, which led to a total of 180 finalists — 10 in each of the 18 categories.
We would like to thank everyone who participated in this year's awards, and for our Greater communities for the opportunity To Help More People Live Greater!
Greater Nevada Sponsors 2021 National Cowboy Poetry Gathering
(Dec. 29, 2020) - Greater Nevada Credit Union announces sponsorship of Western Folklife Center's 37th annual National Cowboy Poetry Gathering, January 30th, 2021. The event originated in Elko, Nevada, and has grown into a national showcase of the West's rich history through art, poetry, music and storytelling.
In an effort to ensure the health of all participants and community members, this year's event will be held virtually. Greater Nevada Credit Union members can receive a $5 discount on a copper level membership to Western Folklife Center, granting access to the event by calling (775) 738-7508 (ext. 222) Monday - Wednesday.
Greater Commercial Lending Recognized as #1 USDA Business & Industry Lender for 2020
(Dec. 21, 2020) - Greater Commercial Lending (GCL), a wholly-owned subsidiary of Greater Nevada Credit Union (GNCU), was recently recognized by the United States Department of Agriculture (USDA) as one of USDA Rural Development’s 2020 top commercial lending partners. GCL also ranked the highest in the U.S. for the USDA Business & Industry (B&I) Guaranteed Loan Program for 2020. GCL has consistently ranked as one of the top national USDA lenders year-after-year.
GCL partnered with USDA to obligate $295 million in rural communities during FY 2020. These investments helped 19 rural businesses acquire essential working capital through USDA’s Business and Industry (B&I) Loan Guarantee Program. Concurrently, GCL assisted or participated in an additional $157 million in loans from many of the top USDA commercial lending partners during the last fiscal year.
GCL also secured a record-breaking $205 million in obligated loans, a record previously held by GCL in 2018 at more than $136 million. The B&I program was designed to assist rural businesses obtain needed credit to help save and create jobs in America.
Greater Nevada Credit Union Ignites Audacity Fund Reno With $25,000 Contribution
(November 23, 2020) – Greater Nevada Credit Union (GNCU) has contributed $25,000 as the first corporate sponsor and financial institution to the Audacity Fund Reno, which provides funding, education and support to local business owners from underserved populations.
The Audacity Fund Reno is a field of interest fund at the Community Foundation of Western Nevada, a 501c3 nonprofit organization. The GNCU contribution kickstarted the fund’s $2 million capital campaign to invest appropriate capital in main street and tech companies with underrepresented founders.
“Greater Nevada Credit Union is driven by our passion to help Nevadans and Nevada’s businesses live greater,” said Wally Murray, president and CEO of Greater Nevada Credit Union. “Like many credit unions across America, Greater Nevada was formed more than 70 years ago by a small group of people who felt underrepresented and cut off from sources of capital. That’s one reason we’re ecstatic to assist with the Audacity Fund Reno to provide a new source of support for businesses that are the backbone of our vibrant community.”
The Audacity Fund Reno invites financial institutions, corporations and community members to follow GNCU’s lead in supporting small businesses in the western Nevada region. All contributions to the Audacity Fund Reno support local businesses founded by women, minorities, LBGTQ+, people with disabilities, veterans and other underrepresented groups.
“In administering the City of Reno small business relief fund for minority and women owned businesses, requests for financial assistance were seven times the $1M allocated,” said Danielle Rees, managing partner of the Audacity Institute. “With COVID cases on the rise locally, the need to support our small businesses is greater than ever. Investing in local and inclusive businesses provides a solid return on investment. Every $10,000 invested in a local women or minority-owned business results in an annual local economic impact of $90,000.”
The Audacity Institute will provide group education and individual mentoring to the cohort of companies selected to receive funding. Education topics are tailored for the stage and type of company ranging from topics such as business structures, licenses and permits; to finance and accounting; to market research and sales; to operational adaptation of business practices; to long-term funding strategies.
"I am beyond thrilled to support the Audacity Fund and Greater Nevada Credit Union,” said Mayor Hillary Schieve and owner of Clothes Mentor and Plato’s Closet. “These community partners are showing once again that when Reno works together, we can thrive. The focus on boosting women and minority-owned companies shouldn't stop even in the middle of the pandemic. Our businesses continue to suffer but lifelines like this can help workers and owners across our region. The work goes on and we can do this together."
“It’s ultimately folks on Main Street working together to inject vitality and inspiration that help local and diverse economies to thrive, not Wall Street,” said Murray. “That is why our supporting programs like the Audacity Fund Reno is incredibly important to us, as it aligns very well with our expertise in providing small business assistance using programs like those offered through the SBA and USDA.” Recently GNCU and its wholly-owned subsidiary, Greater Commercial Lending (GCL), helped save more than 61,000 jobs by funding 5,900 forgivable SBA PPP loans totaling $583 million in all 50 states, the District of Columbia and four U.S. territories. That includes loans to over 2,100 Nevada businesses for more than $137 million.
Applications for funding from the Audacity Fund will open as soon as the first $250,000 is raised. For more information on making a contribution, visit AudacityFundReno.com.
Greater Nevada Providing Special Disaster Loan Program for Northern Nevada Fire Victims
(November 23, 2020)
In response to the recent fires in Northern Nevada, Greater Nevada Credit Union (GNCU) has bolstered its Disaster Assistance Loan Program
, making it available to any qualifying Nevada residents suffering economic loss or hardships from those events.
“When any of our community members are affected by these types of tragic situations it is important for them to know they are not left alone to weather the storm,” says GNCU President and CEO Wally Murray. “During such times it is imperative for those of us based in this community to come together and support one another. Greater Nevada takes that responsibility seriously, which is why we are providing this resource as our impacted friends and neighbors assess their personal situations and begin to rebuild.”
The Disaster Assistance Loans offer flexible options to those needing short-term financing. This includes waived origination and application fees. GNCU is also offering flexible repayment options and deferred interest rates for the loan. All loans are subject to credit approval. Full financial disclosures and all loan rates, fees, and term details can be viewed on their website at www.gncu.org
or by calling GNCU for details.
GNCU is also donating $2,500 to the American Red Cross in support of its disaster relief efforts. That is in addition to the $30,000 in direct aide it provided earlier this year to assist victims of wildfires in Oregon and northern California.
Any Nevadans affected by the recent fires can contact GNCU’s Consumer Loan Consultants at (855-LIV-GR8R)
or visit its Consumer Lending page
for additional information on the Disaster Assistance Loan Program.
Greater Nevada Credit Union Donates $10,000 and More than 60 Gently Used Computers to Education Alliance
(November 10, 2020) – Greater Nevada Credit Union (GNCU) has donated $10,000 to Education Alliance as part of its laptop drive for underserved Washoe County students. GNCU collaborated with Education Alliance and Reno Cigar Lions Club for this donation in celebration of GNCU’s new Vista branch location.
On top of the donation, GNCU collected gently used laptops and computer equipment for Washoe County School District students in need. GNCU collected and donated 58 laptops and 10 desktops to county students.
“It’s estimated that 11,000 students in Washoe County don’t have access to a computer at home,” said Kendall Inskip, executive director of Education Alliance. “Students need this technology to continue their learning, and it’s so important to us to be able to support these students.”
GNCU presented the donation check to Education Alliance in a ceremony on Nov. 6 at GNCU’s Vista branch in Sparks, Nev. Danny DeLaRosa, chief development officer at Greater Nevada Credit Union presented the check to Inskip, who accepted on behalf of Education Alliance.
“GNCU wants to ensure that no student is left behind during these challenging times, and we’re honored to join other local businesses helping to bridge the technology gap for students,” DeLaRosa said. “We were thrilled to have our members join us in the fundraising and gathering dozens of computers to help students thrive in their online learning.”
Greater Nevada Credit Union's New Elko Downtown Branch is Now Open!
(October 1, 2020) - Greater Nevada Credit Union (GNCU) is very excited to share the brand new, state-of-the-art Elko Downtown branch is now open and ready to serve members. This freestanding branch is conveniently located in the heart of the city at the corner of Idaho St. and 12th St., giving members in this fast growing community a second location for in-person service by joining the current GNCU branch inside the local Walmart Super Center.
Members and perspective non-members are invited to come say hi and receive exceptional service from the friendly branch staff Monday - Friday, 10:00 AM - 5:30 PM. Members may also take advantage of a drive-up Interactive Teller Machine (ITM) to handle banking needs through live video chat with a Member Service Representative over extended hours of Monday - Friday, 7:00 AM - 7:00 PM, and Saturday, 9:00 AM - 5:00 PM. Traditional ATM transactions are available 24/7 at the ITM as well. Click here to learn more about this new branch.
Greater Nevada Credit Union Reminds Members to Remain Diligent on Fraud & Identity Theft Protection
(September 23, 2020) - Did you know that Americans have lost at least $145 million to fraud related to COVID-19? The average loss was $300 for those younger than 80, and double that for seniors 80+. Greater Nevada Credit Union constantly monitors for unusual and suspicious activity on behalf of our members using the latest technologies, but having members also understand how they can proactively identify fraud and appropriately escalate questionable activity is critically important, too.
Here are essential tips all members should be aware of:
- Regularly review your account activity and immediately report anything suspicious. To report suspicious activity, or file a dispute, click here.
- NEVER give your login information, online account password or PIN (Personal Identification Numbers) to anyone. GNCU will NEVER call and ask you to verify your personal information, such as your social security number, PINs, passwords or CVV numbers from your card. If anyone calls and requests this information, even someone claiming they're from GNCU, hang up and call GNCU's fraud team immediately at (775) 334-8635.
- Keep Greater Nevada informed with your most current contact information at all times, so we can alert you when potential fraud is detected.
- Set up account alerts in GNCU's Personal or Business eBranches to check balances and deposit activity.
- Download the GNCU Cards app to manage your debit card's status (turn your card on and off), and choose your preferred transaction alerts.
- Insert — don’t swipe — your debit card. The EMV chip in your debit card provides the highest level of security available for protecting your card information. Always insert your card and avoid swiping it whenever possible.
- Ensure that each person listed on an account has separate online banking login information. For example: Person A and Person B are both on an account together, and both Person A and Person B have separate login IDs and passwords. Please use the login information associated with yourself, not the joint owner.
- Consider changing your password for mobile/online banking every three months. Create complex passwords that identity thieves cannot guess easily. Have your password be unique — no birthdays, social security numbers, phone numbers, or any other information that is easy to figure out. Change your passwords ASAP if any companies you do business with have data that has been compromised.
- Click here to view more helpful tips.
Greater Nevada Credit Union Contributes $30,000 to Fire Disaster Relief
(September 14, 2020) - To assist with disaster relief during this devastating fire season, Greater Nevada Credit Union (GNCU) has donated $30,000 to three different credit unions coordinating relief efforts in California and Oregon. Rogue Credit Union Foundation in Medford, Ore.; Redwood Credit Union Community Fund in Santa Rosa, Calif.; and Sierra Central Credit Union in Yuba City, Calif. will each receive $10,000 to assist with ongoing relief efforts.
"With so many new fires burning through forests and foothills across California and Oregon, credit unions are stepping up to help their communities in their greatest time of need", said GNCU CEO, Wally Murray. "We want to support our neighboring credit unions as they serve their members and help their communities rebuild."
Institutions receiving these donations understand the critical role that member-owned financial institutions play in rebuilding communities and providing vital services to disaster victims. Many credit unions are coordinating donations for relief and launching special financial programs such as low-interest loans and grants aimed to help those displaced or impacted by the fires.
GNCU encourages community members, other businesses, and financial institutions to consider donating to wildfire relief efforts.
Greater Commercial Lending Brokers First Ever USDA CARES Act Loan
(September 8, 2020) - The first USDA Business and Industry CARES Act loan, intended to protect America’s small farms amidst the COVID-19 pandemic, went to an aquaculture farm in Iowa and was brokered by Carson City-based Greater Commercial Lending (GCL). These CARES Act loans provide working capital to help rural businesses prevent, prepare for or respond to the effects of the coronavirus pandemic.
Joe Sweeney, owner and operator of Eagle’s Catch, and his team raise high-quality tilapia in the small town of Ellsworth, Iowa – population 499. Joe and many other of America’s small-town farmers are a cornerstone to the nation’s economy and food systems, but they certainly weren’t immune to challenges brought on by the pandemic. The collapse of America’s small farms could lead to food insecurity for many Americans, making it crucial to protect these businesses financially.
“Securing this $2.3 million loan will allow Eagle’s Catch to continue thriving despite challenges brought about by COVID-19,” Sweeney said. “We had heard that Greater Commercial Lending was one of the top resources in the nation for these types of loans. The GCL team worked with us to ensure we had the best chance of receiving this loan and protecting our business so that Eagle's Catch can continue to provide safe, fresh and sustainable seafood to American families through engaging rural communities."
"Eagle's Catch is a perfect example of how Iowans are working with stakeholders nationwide to spur great opportunities for investment, job creation and agricultural diversification in our state,” said Mike Naig, Iowa secretary of agriculture. “Joe and his Eagle's Catch team are going to make waves by reducing U.S. dependency on Chinese seafood and growing a new sustainable protein right here in Iowa."
Greater Commercial Lending, a subsidiary of Greater Nevada Credit Union (GNCU), are leaders in the Small Business Administration Paycheck Protection Program (SBA PPP) and CARES Act loan brokerage for businesses in Nevada and beyond. GNCU and GCL closed 5,901 SBA PPP loans totaling $583 million. That included over 2,100 loans to Nevada-based companies for more than $137 million funding 17,296 jobs.
“This is an unprecedented time of need for businesses across the country,” said Jeremy Gilpin, Executive Vice President of GCL. “Through CARES Act programs, we can help save jobs and create new ones in rural America, by helping companies access capital during these challenging times.”
Click here to learn more about Greater Commercial Lending and loan options available to businesses.
Greater Nevada Credit Union's New Sparks Vista Boulevard Branch is Now Open!
(August 20, 2020) - Greater Nevada Credit Union (GNCU) is very excited to share the brand new, state-of-the-art Sparks Vista branch is now open and ready to serve members. This branch is conveniently located just off I-80 on Vista Blvd., making it very favorable for members who live in the surrounding communities, plus fellow members who pass through this area on a regular basis.
Members and perspective non-members are invited to come say hi and receive exceptional service from the friendly branch staff Monday - Friday, 10:00 AM - 5:30 PM. Members may also take advantage of one walk-up and two drive-up Interactive Teller Machines (ITMs) to handle banking needs through live video chat with a Member Service Representative over extended hours of Monday - Friday, 7:00 AM - 7:00 PM, and Saturday, 9:00 AM - 5:00 PM. Traditional ATM transactions are available 24/7 at each of the ITMs as well. Click here to learn more about this new branch, or view a video tour below.
Greater Nevada Credit Union Awards $60,000 in Scholarships to the Class of 2020
(June 10, 2020) - Greater Nevada Credit Union (GNCU) has awarded 31 Nevada students with scholarships to continue their academic pursuits through the GNCU Scholarship Program.
Scholarship recipients were selected from a competitive pool of 139 applicants. Twenty-nine winners will receive a $2,000 scholarship each, and two winners will receive a $1,000 scholarship each based on the timing of their graduation and enrollment.
The winners were selected from communities throughout Nevada and will attend institutions throughout the country including the University of Nevada, Reno; Washington State University; Boise State University; New York University; Western Governors University and more.
"We’re thrilled to celebrate these students, who have all maintained a commitment to the community and their studies in incredibly challenging times", said Dean Altus, Chief Credit and Retail Officer at GNCU. "These graduating seniors show us what it means to be resilient. I speak for all of our members when I say we are thrilled to help them continue their aspirations of earning a college degree."
This is the 20th year of the annual Scholarship Program. GNCU has helped 350 students pursue their educational goals after high school, awarding more than $490,000 in total scholarships over the years.
The Scholarship Program is part of the GNCU commitment to allow our members to Live Greater. All GNCU members and their families are eligible to apply. Scholarship winners are selected based on financial need, academic performance, community involvement, and educational/professional goals. The scholarships can be used for tuition, course registration, special classes or laboratory fees, room and board, textbooks and class materials.
Click here to view a full list of all scholarship recipients and their schools.
$41,000 Donation to the Wolf Pack Marching Band
Since this greater partnership started in 2012, more than $340,000 has been raised to Back the Band – providing funds for uniforms, instruments, travel and scholarships. Thanks in part to GNCU’s support, the band has also grown from 120 to more than 180 members. Click here to learn more about GNCU's partnership with the University of Nevada.
A Remarkable Night at the 2019 Renown Children's Hospital Magic Gala
Greater Nevada was honored to be the title sponsor of this year's Magic Gala, which helped raise over $550,000 for the young patients at Renown Children's Hospital. We were also very excited to surprise 3-year-old Howie Zink with a brand new custom bike! Howie spent his first 23 days in the Renown Children's Hospital NICU after surgery for Gastroschisis. That experience forever changed his mom, and now he can continue to live greater on his new bike thanks to care he received.
GNCU Provides Free Tuition!
Congratulations to Rhys York, the winner of one year's tuition at the University of Nevada, Reno! Thanks for making a half-court shot during a special contest sponsored by GNCU at the 2019/20 Wolf Pack men's basketball season opening game. Click here to view a featured segment on the accomplishment by KTVN Channel 2 News, and click here to learn more about GNCU's partnerships with the University of Nevada, Reno.
New Fernley Branch Opens
Greater Nevada Credit Union's new Fernley Branch opened in September 2019 on E. Newlands Road in Fernley. Located near the Fernley Walmart and Interstate 80, the branch offers the latest in banking technology and service. Learn more about the new branch here.
Alert: Fraudulent Text Messages
Fraud Alert: We want to make members aware of scammers posing as the GNCU Fraud Department. These scammers are texting members and asking to confirm or deny transactions. If you respond “N” or "NO" to deny, you may receive a call from the scammer asking for your account information – including debit card numbers, account activity and eBranch credentials.
These texts are not associated with GNCU and we want to remind you to never give your debit PIN or passwords to anyone – including our staff. If you find your card or eBranch account may have been compromised, please contact Falcon Fraud immediately at (844) 404-8472 or the GNCU Fraud Team at (775) 334-8635.
Important Reminder About Avoiding Fraud
Don't forget! GNCU will never contact you requesting personal information. Also, be aware of potential scams asking you to send funds to a third party, and don’t deposit or spend funds that were unsolicited or unexpected. If you have questions or concerns about your GNCU account, call (800) 421-6674 or email email@example.com. Or learn more about protecting yourself against fraud here.
GNCU Voted Best Credit Union & Best Bank 2019
Greater Nevada Credit Union took first place in the 'Best Credit Union' and 'Best Bank' categories in Reno News & Review's Best of Northern Nevada 2019. Our subsidiary, Greater Nevada Mortgage, also took second place this year in the 'Best Mortgage Company' category. Thank you to all the readers who voted for us!
Click here to see a complete list of all of this year's winners.
Now Available! Get More with the New GNCU Cards App
Enjoy more control, convenience and peace of mind with the new GNCU Cards app, designed to make your GNCU Visa debit card work smarter. You can easily:
Learn more and download the app today!
- Turn your card(s) on/off
- Get transaction alerts
- Travel notices
- Use Visa Checkout for easy online purchases
- And much more
Greater Nevada Consistently Recognized as a Best Place to Work
Since 2008, Greater Nevada has been recognized as one of the best places to work in northern Nevada. This year, Greater Nevada, which encompasses our Credit Union, Greater Nevada Mortgage and Greater Commercial Lending employees, was a Best Places to Work Finalist in the extra-large company category.
We’re proud to be among many incredible companies in our region being recognized for their commitment to their employees.
Visit our careers page to review available opportunities to join our team and see the many ways we help our employees live greater!
Celebrating 70 Years of Helping More People Live Greater!
Greater Nevada Credit Union (GNCU) was officially formed on January 24, 1949 to serve State of Nevada employees. Seventy years later, GNCU serves nearly 70,000 members and is open to everyone living or working in Nevada. Our passion is to help more people live greater, and to celebrate seven decades of doing just that, we had a 70 day celebration featuring random winners every seven days. Plus, there will be additional giveaways and promotions throughout the year as well.
Making a Mobile Deposit Just Got Easier!
When making a remote deposit using Greater Nevada’s mobile banking app, it will now automatically take a picture of your check for you. Simply follow the process as usual and the app will do the rest. It’s that easy! Plus, this new capture process gives higher quality pictures of checks that are deposited.
Don’t have Greater Nevada’s mobile app yet? Click here to learn about the benefits of mobile banking and download the app today!
Greater Nevada Receives Third USDA Lender of the Year Award
For the third year in a row, Greater Nevada Credit Union (GNCU) was named the National Lender of the Year by the United States Department of Agriculture (USDA) thanks to the efforts of GNCU's subsidiary, Greater Commercial Lending. In 2018 GNCU obligated more than $449 million in loans, all guaranteed by the agency’s programs, representing a nearly 400% increase over loan obligations from 2016. In Nevada alone, GNCU obligated $314,851,300 in guaranteed loans.