Banking Rates & News

Reno Metro Area

Including Battle Mountain, Bridgeport, Carson City, Dayton, Fallon, Fernley, Gardnerville, Hawthorne, Incline Village, Lovelock, 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 Cuts Certificate Rates
It looks like Mountain America FCU possibly made cuts to their various certificate rates. https://www.macu.com/accounts/savings/certificate-accounts
Unlimited 2% Cashback With BONUS
https://www.navyfederal.org/loans-cards/credit-cards/cash-rewards.html Navy Federal CU - CashRewards Credit Card Special Offer Earn $200 cash back when you spend $2,000 within 90 days of account opening For a limited time, get a
MACU Across The Board Certificate Rate Cuts
Mountain America Credit Union has lowered all certificate rates. 6 month now 4.9% (was 5.25%) 12 month now 4.75% (was 5.25%) 18 month now 4.20% (was 4.50%) 24 month now
MACU 12 Month Add-On And Standard CD’s 5.25%
Both now listed as “Limited Time” CD’s which if the past is any indication they will eventually fall some. The 12 Month Growth is an Add-On and only requires $5
America First Credit Union Ups 12-17 Month Add-On CD Rate
Deal Summary: 12-17 month Dedicated Savings Certificate, 5.30% APY, $500 min/$100k max deposit, unlimited additional deposit up to $100k balance cap. 12-17 Regular Certificate, 5.30% APY, $500 min/no max deposit.
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