Banking Rates & News

Reno Metro Area

Including Reno, Sparks, Carson City, Fallon, South Lake Tahoe, Susanville, Gardnerville, Winnemucca, Incline Village, Fernley, 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

24 Months At 3.25% (email mistake)
Just got an email ("Great Rates Are Here Again") about this deal. $500 minimum and offered as Roth or traditional IRAs. Moderator note: According to a MACU official, this email
Mountain America Credit Union Lowering Rates Tomorrow
Deal Summary: Some Term Deposit rates will be lowered on March 22, 2019. Availability: Easy membership requirement I was notified this morning that Mountain America Credit Union (MACU) will be
I'm Told There Are No IRA Term Deposit Plus Accounts
I guess this is sort of a "rate change" relative to what's currently showing in the IRA section. I spoke to a customer service representative today (and she confirmed it
Mountain America Credit Union Ups 24-Month CD To 3.25% APY
Deal Summary: 24-month Term Deposit, 3.25% APY, $500 minimum deposit. 24-month Term Deposit Plus, 3.25% APY, $5 minimum/$100k maximum deposit, minimum $10 automatic monthly deposit. Availability: Easy membership requirement For
2.60% 11-Mo CD & 2.10% Savings Acct Regional Promotions
Wells Fargo is currently offering a 2.60% APY, 11-month CD which requires a minimum deposit of $25,000 (new money).They are also offering a 2.10% APY, Platinum Savings Account which also
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