Press Releases

America First Credit Union and Greater Nevada Credit Union enter into merger agreement

Nevada members to gain more convenient banking, expanded financial services and greater access in rural communities

OGDEN, Utah (August 24, 2026) — America First Federal Credit Union and Greater Nevada Credit Union (GNCU) have entered into a merger agreement that will expand convenient banking and financial services for members throughout Nevada.

By bringing together complementary branch networks in northern and southern Nevada, the combined organization will provide greater access to products, services and financial guidance, especially in rural communities.

GNCU was founded in 1949 and is headquartered in Carson City, Nevada. It is a full-service credit union with more than 89,000 members across 13 branches, primarily located in northern Nevada. GNCU is committed to the credit union philosophy of people helping people, and to improving the communities it serves.

“Our mission has always been to improve the financial well-being of our members and to strengthen our communities,” said Danny DeLaRosa, president and CEO of Greater Nevada Credit Union. “Joining America First allows us to build on that mission by expanding opportunities for our members while preserving the local access and personal relationships that have always defined Greater Nevada.”

Upon completion of the merger, GNCU will operate as Greater Nevada: A Division of America First Credit Union. The merger is subject to customary regulatory requirements, approvals and closing conditions and is expected to be completed later this year.

Founded in 1939, America First has grown into one of the strongest and most progressive credit unions in the country. It is the seventh largest credit union in the nation with more than $26 billion in assets and 122 locations across Arizona, California, Idaho, Nevada, New Mexico and Utah, serving over 1.5 million members. America First is dedicated to helping members achieve their financial goals while building stronger communities.

Together, the merger will strengthen America First’s ability to serve members throughout Nevada while preserving the local relationships and community commitment that have long defined both credit unions. The combined organization will continue to provide members with convenient, in-person banking and financial guidance, especially in rural communities, and give Greater Nevada’s members access to new products, services and opportunities.

“America First and Greater Nevada have built strong reputations by putting members first and investing in the communities they serve,” said Thayne Shaffer, president and CEO of America First Credit Union. “Together, we’ll build on that shared commitment by expanding access to convenient banking, trusted financial guidance and the products and services all members need to achieve their financial goals.”

What this means for members

Upon completion of the merger, members can expect:

  • More convenient access to branch locations throughout northern and southern Nevada.
  • Expanded products, services and financial guidance.
  • Greater access to banking services in rural communities.
  • The strength and stability of a combined organization serving more than 1.6 million members through 135 branch locations, including 39 in Nevada, with more than $28 billion in assets.
  • The same commitment to improving the financial well-being of members and strengthening the communities both credit unions proudly serve today.

 

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ABOUT AMERICA FIRST CREDIT UNION

Founded in 1939, America First Credit Union has grown into one of the strongest and most progressive credit unions in the country. It is the sixth-largest credit union in the nation with $25 billion in assets and 118 locations across Arizona, California, Idaho, Nevada, New Mexico, and Utah, serving 1.5 million members. America First is a member-owned, not-for-profit cooperative financial institution dedicated to building communities and helping its members do more with their money. Learn more at americafirst.com.

Doug Bailey

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