Banking Rates & News

Reno Metro Area

Including Reno, Sparks, Carson City, Fallon, South Lake Tahoe, Susanville, Gardnerville, Winnemucca, Incline Village, Dayton, and 11 other towns.

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Banking in the Reno Area

Reno is a city of about 240,000 people in northern Nevada right on the border with California. Reno is the third largest city in Nevada behind Las Vegas, as well as the second largest metropolitan area after the Las Vegas area. Including surrounding cities in both Nevada and California such as Sparks, Carson City, Fallon, South Lake Tahoe, Susanville, Gardnerville, Winnemucca, Incline Village, Dayton, the wider Reno area has about 440,000 people.

Despite its size, relative isolation, and robust casino industry, Reno does not have much of a banking industry. There are only four banks and nine credit unions with headquarters in Reno or the surrounding area. Notable institutions that are based in the area include Charles Schwab Bank, Farm Bureau Bank FSB, Heritage Bank of Nevada, Greater Nevada Credit Union and Financial Horizons Credit Union. Sierra Pacific Federal Credit Union, which was established in 1936, is the oldest institution headquartered in the area that still operates there today. Altogether, there are more than 20 banks and 15 credit unions with operations in the area with a total of about 250 branches.

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Local Deals & News

Union Bank Has Nationally Available 18-23 Month CD, 2.75% APY
Deal Summary: 18-23 month CD, 2.75% APY, $10k minimum deposit, $1 million maximum deposit. Availability: Nationwide Two months ago, Union Bank was offering a 36-47 month CD, earning 2.75% APY.
Mountain America Credit Union Ups 5-Year Term Deposit
Deal Summary: 5-year Term Deposit, 3.25% APY, $500 minimum deposit. 5-year Term Deposit Plus, 3.25% APY, $5 min/$100k max, minimum $10 automatic monthly deposit. Availability: Easy membership requirement Over the
Mountain America CU Union: 5-Year CD, 3.25% APY; 3.51% On Youth CD
1. Regular CD: $500 minimum 2. Rate also available on Term Deposit Plus add-on CD: $5 minimum; $10 automated monthly deposit required 3. 3.51% APY available on Youth certificates (details
Mountain America Credit Union Pushes Up 5-Year Term Deposit Rate
Deal Summary: 5-year Term Deposit, 3.15% APY, $500 minimum deposit. 5-year Term Deposit Plus, 3.15% APY, $5 min/$100k max, minimum $10 automatic monthly deposit. Availability: Easy membership requirement For more
Union Bank 36-47 Month CD Rate Jumps
Deal Summary: 36-47 month CD, 2.75% APY, $10k minimum deposit, $999,999.99 maximum deposit. Availability: Nationwide MUFG Union Bank, National Association, which is better known as Union Bank, has recently raised
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