Message from the President
Over the past two years, your credit union has grown by more than 6,000 members, a clear sign that Greater Nevada continues to deliver the products, services and value that people want from their financial services provider. Today, we help over 55,000 consumer and business members live greater,and now the wheels are in motion to grow that number to well over 60,000 in just a few months through a merger with our friends at Frontier Financial Credit Union (FFCU) in Reno.
Founded in 1958 for the employees of Washoe County, FFCU has a history similar to GNCU’s of making a positive difference in the lives of their members, employees and communities. Though FFCU is a financially sound and healthy organization, its Board has unanimously voted to pursue a merger opportunity with GNCU to provide its members with an expanded portfolio of financial products and services to best serve them well into the future.
What does this mean for current GNCU members? We will have the opportunity to welcome nearly 7,000 new member/owners to GNCU who share a common interest in accessing financial resources that provide greater levels of service, competitive rates, and new products, programs and technologies. It also means new team members to help serve you, as FFCU staff joins the Greater Nevada family.
FFCU and GNCU are currently in the process of seeking regulatory approval of the merger from the appropriate authorities, and following this approval, FFCU will ask its members to approve the proposed merger via ballot. Though there is not a set date for the merger at this time, GNCU is working closely with FFCU to ensure that once their members have voted to approve the merger, GNCU will be prepared to help them make the transition to Greater Nevada.
At GNCU, we have never tried to grow for growth’s sake. However, when there is an opportunity to expand our membership through a mutually beneficial partnership we certainly embrace it— especially when it’s an opportunity to help more people Live Greater.
Warmest regards and God bless,