Nevada
REGULATING AGENCY: Nevada Department of Business and Industry; Financial Institutions Division
Nevada State Capitol
- Sandy O’Laughlin, Commissioner
- Marilyn Young, Deputy Commissioner
- Website: fid.nv.gov
LEAGUE: Nevada Credit Union League
- Diana Dykstra, Leagues President/CEO
- Website: ccul.org
PRIVATE SHARE INSURANCE: YES
2023 STATS
- Largest SCU: GREATER NEVADA CU $1.78B in assets
- Largest FCU: GREAT BASIN FCU $0.28B in assets
| Fourth Quarter 2023 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 8 | 6 | 14 | 57.14% |
| Credit Union Members | 0.34M | 0.06M | 0.4M | 85.67% |
| Credit Union Assets | $6.89B | $0.85B | $7.74B | 89.04% |
FUN FACT
The first community college in Nevada opened in Elko in 1967. Great Basin College was the forerunner of a statewide system associated with the University of Nevada.
RECENT NEWS
Harper touches on overdraft in prepared remarks at REACH
October 27, 2023 — As NCUA Board Chair Todd Harper touched on overdraft and non-sufficient funds (NSF) products during his speech at the California and Nevada Credit Union Leagues’ REACH 2023 conference, the Leagues are reminding credit union leaders that his remarks were prepared beforehand — which is not unusual for the chairman’s public appearances.
It’s important to note that Harper’s opinions and comments during his speech are entirely his own and do not necessarily reflect the official position of the Leagues.
A large focus of his prepared remarks centered on overdraft and NSF fees. He referenced credit unions’ mission to help member-household finances, overdraft/NSF fees falling disproportionately on underserved communities, some credit unions’ “overreliance” on overdraft/NSF fees, concentration and risk issues, banks’ restructuring of overdraft/NSF fee products, and large credit unions’ activity in this space compared to banks.
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