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Reno Metro Area

Including Reno, Sparks, Carson City, Fallon, South Lake Tahoe, Susanville, Gardnerville, Winnemucca, Dayton, Incline Village, and 12 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

Navy Fed Ends a Backdoor Way To Qualify for Membership
Last December I reported on a little-known way to qualify for Navy Federal Credit Union (Navy Fed) membership. This backdoor to Navy Fed membership has been closed. The backdoor involved
Wells Fargo Long Term 3.00% Callable Step-Up CD Via TD Ameritrade
I frequently get notices of new issue callable CDs from TD Ameritrade. This one looks like a rate leader. My calculations indicate the blended rate over the entire term is
New May 4, 2017
New rate as of this morning. One-year (12 month) CD at 3% APY.
UFB Direct Adds New Premium Savings Account (1.30% APY)
Deal Summary: UFB Premium Savings, 1.30% APY, $50k minimum, new money. Availability: Nationwide (internet bank) UFB Direct started the month by introducing its new UFB Premium Savings, which has two
Navy Federal CD Update: 17-Month Special Ends, Standard Rates Up
Deal Summary: New certificates rates. Noteworthy ones include 12-month (1.30% APY), 18-month (1.45% APY) and 24-month (1.60% APY), Minimum $100k. Availability: Easy membership requirement As they say, all good things
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