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

Mountain America Rate Drops
Just checked certificate rates over at Mountain America and found that at least three have fallen quite recently: 36 month, 2.85% APY (was 2.90%) 48 month, 2.90% APY (was 3.00%)
19-Month Special CD
Do you have a Wells Fargo checking account with some extra cash in the balance column? Although you could earn a higher CD rate at several online banks, if you
Reduces Ewps On Certificates (And Note The Name Change)
From an email message from MACU: Name Changes To better align with industry standards, we are changing the name from term deposit to certificate account. Here’s a breakdown of the
Longterm Rate Hedge
Mountain America Credit Union has ad on cd's at very good rates I got a 60 month Term plus at 3.10 APY for a $5.00 minimum balance and a monthly
Navy Federal Adds 10-month Special CD, 2.75% APY w/Add-Ons
Deal Summary: 10-Month Special Certificate, 2.75% APY, $50 minimum, additional deposits up to $100k total balance. Availability: Nationwide, but a military relationship required for membership. It’s a good news/bad news
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