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We will be this closed Saturday, Sunday, and Monday in observance of MLK Jr. Day.... Read More January 18, 2019
Next week -join us for another free Shred Day at the South Reno Branch on... Read More January 17, 2019
Estate planning – it’s not just for the wealthy! Join us at this talk to... Read More January 16, 2019
Community is one of our #CoreValues Read More January 15, 2019
2008 –> 2018 Our Sparks Crossing Branch’s Grand Openings were ten years apart! #10yearchallenge Read More January 15, 2019
Take a look back in to the past, read more about Martin Luther King Jr.... Read More January 14, 2019
Martin Luther King Jr. Day January 14, 2019

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Did you know we offer FREE online financial education? Click the link below to see... Read More January 12, 2019
Wondering where mortgage rates are headed in 2019? Read more: https://www.greatbasin.org/15713/mortgage-rates-headed-2019/ Mason-McDuffie Mortgage – Reno,... Read More January 11, 2019
Where are mortgage rates headed in 2019? January 11, 2019

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Credit Unions vs. Banks: What’s really the difference?

Credit Unions vs. Banks: What’s really the difference?

We’re often asked what makes a credit union different from a bank. We like to think beyond that; what makes Great Basin different from any other financial institution? Probably the best word to sum up your experience with Great Basin would be “community.” Or, perhaps even family. Because we tend to think of our members as part of our ever-growing family. We are people helping people. The employees and the volunteers have the best interest of our membership in mind, always. Not to mention, you’re the owners – we work for you!

There are a lot of subtle differences between credit unions and banks. We’ve listed a few here, but we could probably start another website to explain them all. (One of our partners actually did write a blog about it for us.) Suffice it to say, choosing a credit union over a bank says a lot about who you are and how you feel about your money. To us, a lot of banks are simply about transactions and getting business done. While at Great Basin, we see our members as people we can help through every financial period of their life—from first checking account to planning for retirement.

To us, it’s more about helping than simply transacting business. And we’re honored when you choose us, boss.

credit unions vs. banks

Show Your Support

Feeling the love for your credit union? Well, the #1 way to show your support for credit unions is to spread the word to your friends and family. We offer some fun perks through our refer-a-friend programs. Plus, you’ll have peace of mind knowing that they’ll soon know what it feels like to belong! As a cooperative, we all benefit together.

If you feel as strongly about support for credit unions as we do, you can sign up to receive email alerts from Connect for the Cause when there is an issue we need to rally behind (it only takes a minute). They don’t come about often, but when they do, every voice matters to help protect the credit union choice that is so important to you, to your family and to your local community.

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