For Your Information

Important Information

Information about the proposed merger between Frontier Financial Credit Union and Greater Nevada Credit Union

Member Notification Letter

Press Release Regarding Proposed Merger

Information about the proposed merger between Frontier Financial Credit Union and Greater Nevada Credit Union

Since the founding of Frontier Financial Credit Union (FFCU) nearly 60 years ago, its member-elected volunteer Board of Directors has remained committed to delivering financial products and services that exceed the needs of its member-owners.  FFCU has done so by combining a high level of personalized service with value pricing and a solid array of products to build a credit union that has the financial foundation necessary to sustain through a variety of economic conditions. However, in recent years the world of financial institutions has become more complex.  An expanding regulatory burden and other factors have made it increasingly difficult for smaller institutions like FFCU to create a roadmap for the future where it can continue to effectively meet the evolving needs of its membership.


That is why the FFCU Board of Directors sought an appropriate merger partner and ultimately determined that Greater Nevada Credit Union (GNCU) was absolutely the right choice. This merger will bring together two financially sound credit unions and better position them to capitalize on their collective strengths for the benefits of their memberships. By partnering to create the largest consumer owned financial institution based in northern Nevada, with more than 60,000 members and nearly $800 million in assets, and which will provide members with year round, 24/7 access to their accounts and loans, FFCU members will continue to experience that outstanding levels of service and pricing they have come to expect from their credit union.


As an FFCU member you may be wondering what you stand to gain from this merger with GNCU. Just a few of the additional benefits you will enjoy include:


  • Full access to a broader range of deposit, loan and other financial services, for both consumers and small businesses 
    • Some loan products offered by GNCU that are not currently available at FFCU include auto loans for first time borrowers and for credit rebuilding, lease look-alike loans, 5/5 Adjustable Rate Mortgages, and a full suite of commercial loans.
    • In addition, GNCU offers some deposit products that aren’t currently available at FFCU, including Individual Retirement Accounts, health savings accounts, and commercial deposits.
  • A growing network of 14 GNCU-owned branches that extends from Nevada’s border with Utah in the east to the one it shares with California in the west. Most of GNCU’s branches are also conveniently open on Saturdays too. In addition you will continue to have nationwide availability of more than 5,000 locations via the CO-OP Shared Branch network.
  • 80 service charge free ATMs in merchant locations throughout Nevada in addition to the 30,000 free ATMs available nationwide through the CO-OP ATM network
  • A full service, domestically located 24/7 call center to answer your questions, perform transactions and provide support for all your financial needs
  • Free online and mobile banking, including the ability to deposit checks, make person-to-person transfers and pay bills directly and securely from your mobile phone
  • A reduced number of fees that are generally lower in amount than those you are currently subject to at FFCU
  • Member discounts on vehicle purchases, travel, and a variety of events, including games at the GNCU sponsored Greater Nevada Field, home of Reno Aces baseball and Reno 1868 FC soccer
  • A wide array of discount priced insurance plans to help you meet the many needs in life, including coverage for your home, furnishings, autos, RVs, travel plans, business properties and equipment, identity theft and many more...even your beloved pets!


A thorough review of both credit unions has been completed and the proposed merger has been unanimously approved by the FFCU Board of Directors. It now requires approval from the appropriate state and federal regulatory agencies and ultimately the members of Frontier Financial Credit Union.  We are committed to bringing our members superior financial benefits and ask for your support in this important endeavor. 


Questions and Answers:   (Please visit this page any time for future updates.)


Why did Frontier Financial Credit Union choose to merge with Greater Nevada Credit Union?

The FFCU Board specifically chose GNCU for this opportunity because of the organizations’ shared histories, values, and commitment to the continued success of their members and the communities they serve. Our two credit unions are very familiar with one another and have worked together on a variety of initiatives over the last 30 years to benefit consumers across Nevada and the nation.


Who is Greater Nevada Credit Union?

GNCU is headquartered in Carson City and has been helping Nevadans Live Greater since 1949. Originally founded to serve State of Nevada employees, it is now the largest credit union based in Northern Nevada serving more than 55,000 consumers and small businesses, with more than $700 million in assets.  GNCU has been consistently recognized as Best Financial Institution and Best Credit Union in Carson City and Washoe County, and as a top employer by the Reno/Tahoe Best Places to Work Awards. GNCU’s subsidiaries include Greater Nevada Mortgage, one of northern Nevada’s top mortgage lenders, and Greater Nevada Insurance.  GNCU is honored to be partnering with FFCU and is eager to welcome the FFCU members and staff into the Greater Nevada family. Please visit for more information.


Is FFCU in financial trouble?

Absolutely not. Through this merger, FFCU is taking a proactive approach to increase the benefits and value of your credit union membership, and help ensure your future success.  Both credit unions are well capitalized and financially sound, and that will continue to be the case after the merger is consummated.


Will the new partnership change the services I currently use?

Your current accounts and services will remain the same as we integrate FFCU members into GNCU. We will work hard to create a seamless transition of your accounts so you can continue to conduct business as you always have. 

Will my existing checks, direct deposits and payments continue to clear without interruptions?

GNCU is testing systems to ensure that clearing FFCU member checks and ACH (Automatic Clearing House) transactions is a seamless process.

Will my loan or certificate rate change?

The rate on your fixed rate loan or share certificate will remain unchanged until the end of the existing term. Any new certificates or loans will be subject to current rate offerings.


Will I have to re-apply for membership?

No. Your current FFCU membership will automatically become a GNCU membership.


Will this merger cost me anything?

No. There will be no cost to the members of either FFCU or GNCU as a result of this merger. And since it has been determined that the share values of both credit unions are similar, each FFCU member will receive one GNCU share for the FFCU share they currently own.


Will the branch I use remain open?

Yes. There are no plans to close the two current FFCU branches at this time, and additional GNCU branches will also be close by. 


Will there be any staff layoffs?

No. The same friendly and helpful people that serve you today will simply move over to become GNCU employees. The merger will also provide FFCU employees with even greater career opportunities for professional growth and development.


How will I be notified of any changes or new information resulting from this partnership?

FFCU members will continue to receive updates via mail, email and online channels. Please be sure to read all material we send you.


Will my deposit insurance change?

Yes. Upon completion of the merger your FFCU deposits will become federally insured by the National Credit Union Share Insurance Fund (NCUSIF). The NCUSIF is administered by the National Credit Union Administration (NCUA), a federal agency that is backed by the full faith and credit of the United States Government. At that time, your savings will become insured by the NCUSIF up to $250,000 per member for aggregate Individual Retirement Accounts (IRA), and separately up to $250,000 per member for non-IRA accounts. The NCUSIF insurance replaces the $250,000 per account coverage currently provided by American Share Insurance (ASI) for each of your FFCU accounts. Credit union members have never lost a penny of insured savings at a federally insured credit union. For additional information about the NCUISF and the insurance coverage it provides, please visit  For additional information about ASI, please visit


Is my money safe?

Yes. Your money will continue to be privately insured by ASI while at FFCU, and will immediately become federally insured by NCUA when it moves to GNCU at the completion of the merger. 


If I have multiple FFCU accounts or accounts with both credit unions and the combined amounts exceed the $250,000 NCUSIF insurance limits, what can I do to protect my savings?

We will notify any members who may be affected by the change in share insurance coverage and will provide them with various options to maximize their protection under the NCUSIF. 


When will I be able to vote on the merger?

FFCU members will receive additional information and a ballot in the mail providing you with the opportunity to vote on the merger. The timing of the ballot and additional information will be updated on this page once regulatory approval has been received. When you receive your ballot, the FFCU Board of Directors, management and staff encourage you to vote “yes” on the proposed merger.


Where do I go for more information?

Please feel free to visit your nearest FFCU branch or give us a call at (775) 829-2070 or (800) 852-2481 if you have additional questions or would like more information.