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Reno Credit Unions Offer Banking Services, Without the Bank

Credit Unions, Where Members are Owners

By , About.com Guide

Reno credit unions provide the same services as banks, with one big difference - customers are members of the organization who profit from its success and have a say in how it is run. Members actually vote for the board, which is charged with providing value and good service to members. Credit unions are nonprofit organizations and in good financial health. Many big banking houses are floundering in their own ocean of poor policies, bad debt, and just plain greed. For your financial services needs, credit unions are worth serious consideration.

Great Basin Federal Credit Union

Great Basin Federal Credit Union is a not-for-profit financial cooperative. It exist to serve members, not to make a profit. Earnings are returned to members in the form of lower loan rates, higher interest on deposits, and lower fees. Membership is open to residents of Washoe County.

Great Basin has branches in both Reno and Sparks. For information, call (775) 333-4228 or (800) 545-4228.

Greater Nevada Credit Union

Greater Nevada is northern Nevada's largest credit union, with over 50,000 members. Nearly anyone living or working in these northern Nevada counties can join - Washoe, Storey, Lyon, Carson City, Elko, Pershing, Douglas, Humboldt, Eureka, Churchill, Lander, and White Pine. Greater Nevada deposits are federally insured by the National Credit Union Administration (NCUA).

Greater Nevada Credit Union branches are located in Reno, Sparks, Carson City, and other towns in its service area. For more information, call (775) 882-2060.

Clearstar Financial Credit Union

Clearstar Financial Credit Union, formerly Sierra Schools Credit Union, serves members in the thirteen northern Nevada counties - Washoe, Storey, Lyon, Carson City, Elko, Pershing, Douglas, Mineral, Humboldt, Eureka, Churchill, Lander, and White Pine. Membership is open to everyone.

Clearstar branches are located in both Reno and Sparks. Clearstar is federally insured by the National Credit Union Administration. Call (775) 329-6673 for information.

Silver State Schools Credit Union

Membership open to those associated with any Nevada educational organization as faculty, staff, student (16+), volunteer, and immediate family of members. Each deposit account is insured up to $250,000 by American Share Insurance, a private deposit insurer.

Reno branches are at 1654 Robb Drive, 1141 Steamboat Parkway, and in the Joe Crowley Student Union at UNR, 87 Stadium Way. For more information, call (800) 357-9654.

Frontier Financial Credit Union

Membership in Frontier Financial Credit Union is restricted to those associated with certain entities and employers in northern Nevada. Deposit accounts are insured up to $250,000 by American Share Insurance, a private deposit insurer.

There are branch offices in Reno, Sparks, and Fernley. For more information, call (775) 829-2070.

Sierra Pacific Federal Credit Union

Sierra Pacific is Nevada's first credit union, established in 1936. Membership is restricted to certain employee groups, such as NV Energy and the Truckee Meadows Water Authority (TMWA). For more information, call (775) 834-4579.

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