Greater Nevada Credit Union News
For more news: Subscribe to our enewsletter, and follow us on Facebook, Twitter, Instagram and LinkedIn.
To view Greater Nevada's news releases, click here.
Greater Nevada once again named USDA National Lender of the Year
For the second 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). In 2017 GNCU obligated more than $472 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 $320,830,000 in guaranteed loans.
Click here to read more.
Greater Nevada & Frontier Financial Merger
The world of financial institutions, including credit unions, is more competitive and consolidated than ever. Regulations and other factors have made it increasingly difficult for smaller credit unions, such as Frontier Financial, to continue expanding products and services to meet members’ growing needs. The merger with Greater Nevada Credit Union (GNCU) was proactively pursued by Frontier Financial Credit Union (FFCU) to partner two financially sound organizations and capitalize on their collective strengths.
Let’s Give Thanks to Our Nevada Congressman
Nevada Congressman Mark Amodei (R-NV) introduced the Amodei-Aguilar Amendment which was adopted by the House of Representatives on September 13, 2017. The amendment protects the independence of the National Credit Union Administration, and has saved both consumers and credit union members from a new, hidden tax. Click here to read more.
GNCU Earns Another Best of Award
Greater Nevada Credit Union won Best Bank/Credit Union in the Record-Courier's Best of Carson Valley 2017 awards. Thank you to the Carson Valley residents who voted for us as well as for Greater Nevada Mortgage who took second place for Best Mortgage Lender.
For the 11th consecutive year, Greater Nevada Credit Union was voted "Best Financial Institution" in the annual Best of Carson City poll in the Nevada Appeal.
Congratulations to all the Greater Nevadans who provide a level of service that gets recognized year after year, and a big thank you to the Nevada Appeal readers who voted for us!
Greater Nevada Credit Union was also voted Best Credit Union and Best Bank by Reno News & Review, GNCU won a silver award for best Bank/Credit Union in the inaugural Reno.com / Nevada Magazine "Best of" Readers Choice Awards for 2017 and took third in the Best Lender, Commercial and Consumer category in Elko Daily Free Press' 2017 Readers Choice awards.
Update on Recent Equifax Breach
September 8, 2017
The Credit Reporting Agency Equifax Inc. today announced a cyber security incident potentially impacting approximately 143 million U.S. consumers. Criminals exploited a U.S. website application vulnerability to gain access to certain files. Based on the company’s investigation, the unauthorized access occurred from mid-May through July 2017.
The information accessed primarily includes names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. In addition, credit card numbers for approximately 209,000 U.S. consumers, and certain dispute documents with personal identifying information for approximately 182,000 U.S. consumers, were accessed.
Greater Nevada Credit Union reports consumer loan information to the three major Credit Reporting Agencies (Equifax, Experian and TransUnion.) This information could potentially be included in the incident described above. In order to protect yourself and your account information, we recommend considering the following actions:
- Go to www.equifaxsecurity2017.com. Under the “Potential Impact” button, fill in the information requested. This will tell you if your information could have potentially been part of this data breach.
- When asked to enroll, it will give you a date to return to the site to complete enrollment. Note this date on your calendar and access this link again at that time. This will give you free access to the Equifax complimentary identity theft protection and credit file monitoring services. Please note that you do not have to be a victim of the attack to receive this service. (Note that you also have free access to view all of your credit reports once a year at www.annualcreditreport.com.)
- As always, conduct periodic reviews of your account statements to ensure all activity is appropriate.
- Consider Identity Theft Coverage. Greater Nevada Insurance offers LifeLock Protection. Click here to review the various available plans.
- Greater Nevada will continue to provide members with safe and sound business practices to protect your sensitive information.
We're Honored to be Recipients of the Dora Maxwell Award
Greater Nevada Credit Union was recently awarded the 2017 Dora Maxwell Award for Nevada Community Achievement. Thank you GNCU team members for making this possible by continuously helping more people—and communities—live greater!
Click here to read more about the award.
Greater Nevada Named SBA Lender of the Year
Greater Nevada Credit Union was recognized as a 2017 Small Business Administration (SBA) National Lender of the Year at the fourth annual Small Business Awards Luncheon. The luncheon recognized Nevada businesses that had an exceptionally positive impact on the small business community.
Click here for more details.
Your New Branch is Coming Soon!
Construction is under way for the new Eagle Station branch, being built adjacent to the current branch on Eagle Station Lane. The new free standing branch will provide Greater Nevada members with easier access plus the latest in banking technology.
We apologize for any inconvenience during this construction phase, and look forward to providing you with an even greater branch experience.
Greater Nevada Named Best Place to Work
Since 2008 Greater Nevada has participated in and been recognized as one the of best places to work in northern Nevada. This year, Greater Nevada, which encompasses both our credit union employees and Greater Nevada Mortgage employees, took first place and was named the top employer in the large business category.
Click here to read more or visit our careers page to join our team!
GNCU's Fee Free ATM Network Just Got Even Greater!
In addition to the 30,000 CO-OP locations nationwide, members can now access 80 more ATMs in Nevada, that includes southern Nevada. These additional ATMs are located at CVS locations, as well as at Greater Nevada Field in Reno.
Click here to see all the ATM locations
GNCU members can access for free!
Announcing Greater Nevada Credit Union’s Financial Education Center!
You now have free access to a series of interactive modules covering hot financial topics like saving, investing, credit scores, mortgages, and identity protection. These short, self-paced programs focus on helping you learn how to take greater control of your finances. They also help you put that knowledge to work with simple yet effective action plans that include budgeting and planning tools.
And since we know you’re busy, this system is designed to stay on the go with you. Courses are available online, including mobile and tablet, take only 2 to 7 minutes each, and are available in both English and Spanish.
So whether your goal is to get out of debt, build your savings, invest in your future, or protect what you have, it’s easy to get the guidance you need. Click here to get started now.
January 24, 2017 Proclaimed "Greater Nevada Credit Union Day"
On January 24, 2017, Greater Nevada Credit Union will celebrate 68 years of serving the region, along with a proclamation from the City of Reno designating the date as “Greater Nevada Credit Union Day”.
The proclamation acknowledges the credit union’s USDA Lender of the Year Award, the first given to any Nevada based financial institution or credit union. GNCU is also recognized for its community support to organizations such as Special Olympics of Northern Nevada, Habitat for Humanity, and Salvation Army; and ongoing sponsorship of the University of Nevada Marching Band and Greater Nevada Field.