Mortgage

Greater Nevada Mortgage (GNM), a subsidiary of Greater Nevada Credit Union (GNCU), has opened applications for the Middle-Income Down Payment Assistance program.

According to Redfin, home prices in Nevada were up 9.7 percent year-over-year in February 2024. At the same time, the number of homes for sale in the state fell by 20.8 percent. While home prices are on the rise, the supply of homes for sale is not meeting demand, creating what is considered a “tight” housing market across the Silver State.

CARSON CITY, Nev. — With COVID-19 cases surging and a new wave of restrictions looming, challenges persist for small business owners as they continue to weather the pandemic according to data from the Q4 Wells Fargo/Gallup Small Business Index. While the index score rose 12 points for the second straight quarter, overall optimism levels remain just over half of what they were in late 2019.

Greater Nevada Credit Union’s passion for Helping More People Live Greater goes beyond the financial services and products that we offer. We also take pride in supporting our local communities and organizations throughout the year.

CARSON CITY, Nev. — As social restrictions continue in support of public health, risks associated with isolation permeate among the aging population. According to a Wells Fargo study conducted by The Harris Poll from Nov. 17-19 , a quarter (25%) of all seniors age 60 and above report feeling isolated and lonely, and over a third (43%) can go days without talking to others and spend most of their time alone.

The Sertoma Coat Drive is in full operation for its fourth year of collecting and distributing clothing to the people in the community who are without warm outerwear. With 19 blue barrels in Carson Valley and 7 in Carson City, everyone who wants to donate new and gently used coats, blankets, and warm outerwear is finding a donation spot.

Greater Nevada Credit Union, a Carson City-based credit union serving northern Nevada, contributes $25,000 as the first corporate sponsor and financial institution to the Audacity Fund Reno, which provides funding, education and support to local business owners from underserved populations.

This is the first of a series of public service announcements filmed to keep the public up to date with the latest information on the COVID-19 pandemic, flu season, and what is happening in Carson City outside COVID related news.

The Carson City School District still has space available for early learners under the age of 5. Even though the academic school year is well underway, the pre-kindergarten program is still open for families who qualify under the federal household income guidelines.

CARSON CITY — To assist with disaster relief during this devastating fire season, Greater Nevada Credit Union has donated $30,000 to three different credit unions coordinating relief efforts in California and Oregon. Rogue Credit Union Foundation in Medford, Ore.; Redwood Credit Union Community Fund in Santa Rosa, Calif.; and Sierra Central Credit Union in Yuba City, Calif. will each receive $10,000 to assist with ongoing relief efforts.

The first USDA Business and Industry CARES Act loan, intended to protect America’s small farms and businesses amidst the COVID-19 pandemic, went to an aquaculture farm in Iowa and was brokered by Carson City-based Greater Commercial Lending (GCL). These CARES Act loans provide working capital to help rural businesses prevent, prepare for or respond to the effects of the coronavirus pandemic.

Tens of thousands of Nevada small businesses and organizations — from casinos and law firms to churches and even strip clubs — received at least $3.1 billion through the Paycheck Protection Program stimulus package, according to a massive disclosure made by the federal government.

Nevada Gov. Steve Sisolak signed Emergency Directive 025 on Thursday, which will gradually lift the moratorium on evictions. He also strongly urged landlords and tenants to work together and collaborate on repayment plans.

Greater Nevada Credit Union has awarded 31 Nevada students with scholarships to continue their academic pursuits through the GNCU Scholarship Program. $22,000 went to eleven students from the Carson City area.

Sierra Lutheran High School launched its Graduation Week celebration Saturday with members of the school’s faculty and administration delivering congratulatory signs to the Class of 2020.

After faring poorly in the initial round, Nevada small businesses received the second highest number of approved loans and total aid in the second round of funding for the Small Business Administration emergency loan program compared with six similar-sized states.

Those who need help paying their rent or mortgage and utility bills due to COVID-19 are now able to seek assistance through The Salvation Army in Carson City and Reno.

Members of Nevada’s congressional delegation celebrated the White House’s decision Friday to allow small casinos to access a Small Business Administration emergency loan program.

Nevada Rural Housing Authority (NRHA) has announced its COVID-19 Emergency Assistance Program, which provides one-time funding to rural Nevada residents experiencing financial hardship due to the COVID-19 pandemic.

The program provides financial assistance to qualifying individuals who are falling behind on their rent, mortgage or utilities.

Nevada received the fewest number of loans and the least amount of money under the Small Business Administration Paycheck Protection Program (PPP) compared to states with comparable populations sizes, according to an analysis of

A gifted poet friend of mine, Jack Wright, penned a verse to welcome a flattening of the COVID-19 curve.

Greater Commercial Lending (GCL) continues to accept applications for the Paycheck Protection Program (PPP), authorized by the U.S. Small Business Administration (SBA) as a result of the recently enacted Coronavirus Aid, Relief and Economic Security Act (CARES Act). The company is one of the earliest business lenders to fully adopt the PPP in the State of Nevada since opening applications on Friday, April 3. By mid-day on Monday, April 6, over 400 Nevada businesses had submitted applications to GCL.

Nevada lawmakers have given final approval to disburse more than $6.2 million in emergency management funds to address the COVID-19 pandemic.

Alana Ridge has been elected to the board of directors of NCET, a member-supported non-profit that produces educational and networking events to help people explore businesses and technology.

Wes McQuillen and Kyle Robertson have been re-elected to the NCET board.

Ridge, elected as NCET’s vice president of public relations, is a public relations and strategic communications professional in Reno, with a background spanning several industries -- from travel and tourism to the non-profit sector.

A tenant getting tased and forcefully removed. Landlords changing card readers and locking people out of their apartments. A coronavirus patient sitting in her room, terrified of being thrown out because property managers will not let her come into the office to pay.

In response to the COVID-19 pandemic that continues to threaten local economies across the country, the U.S. Small Business Administration has increased efforts to alleviate the hardship experienced by small businesses.

On Sunday evening, Gov. Steve Sisolak issued one of his widest-ranging emergency directives yet — suspending all evictions and foreclosures in the state.

Gov. Steve Sisolak has announced a moratorium on evictions for both residential and commercial tenants for the duration of the state of emergency, providing relief for renters who, in many cases, are facing the first of the month without a job and are under orders to try to stay at home for their own health.

It’s a difficult time for everybody, especially those whose health has been affected by the pandemic. It’s difficult for the brave healthcare workers putting their lives at risk trying to heal the sick, and it’s difficult for the men and women spending their days and nights keeping people fed, keeping shelves stocked, making sure supplies are delivered, floors are cleaned, and everything in between.
And, it’s probably a difficult time for you too.

When purchasing a home, the process and financial requirements can seem daunting. There are many resources specific to our local area that are in place to ensure buyers have success and confidence in their purchase.
Kyle Rush, senior loan officer at Guild Mortgage in Carson City, says the first, most critical step of preparing for home ownership is education, most often by meeting with a knowledgeable loan officer.