Sierra Pacific FCU has been serving our members and communities in the heart of the west for over 87 years. We remain prepared to protect member finances by offering excellent share insurance, maintaining a strong balance sheet, and keeping reserves well above the required level.

We are proud of Sierra’s financial position and are always open to review this with any member.

Share Insurance

All deposit accounts at Sierra Pacific FCU are insured up to $500,000 per account holder and ownership group.

  • Insured up to $250,000 by the National Credit Union Administration (NCUA), the federal agency that regulates all U.S. credit unions. Click here to learn more.
  • Insured for an additional $250,000 by Excess Share Insurance, a private insurer. Click here to learn more. 

This exceptional level of coverage is provided at no additional cost to you, and protects member deposits in the unlikely event that this institution should fail.

3rd Party Safety Ratings

Sierra Pacific is proudly recommended by all major industry safety and soundness organizations.

Well-Capitalized

Capital are funds set aside as reserves against shocks, like recessions.

The NCUA defines Sierra Pacific FCU as a “well capitalized” institution*. The minimum requirement for this NCUA definition is a 7% Capital Ratio (Capital/Total Assets).

As of February 28, 2023; Sierra’s Capital Ratio was 11.506%.

This ratio is reported quarterly on the NCUA website. Sierra’s charter number is 1000.

*As defined by the NCUA, part 702 of the Rules and Regulations

Questions?

If you’d like to discuss Sierra’s safety and soundness, please feel free to contact CEO Leslie Ramsdell at lklein@sierrapacificfcu.org or 775-834-4579.

Safety and Soundness FAQs







Yes!

You transfer funds from another bank or CU to Sierra, and vice-versa, through the “Transfers” feature in online and mobile banking.

You’ll need to set up each external account you’d like to connect, wait 2 days, and verify the account.

Once verified, that external account will be an option in your “Transfer To” and “Transfer From” menus. At this point, you can make a one-time transfer, or set up regular automatic transfers.

Transfer limits between your Sierra and external accounts apply. There is no fee for this service. 

There are lots of options for making your loan and credit card payments. 

  • Set up Direct Deposit
  • Use an External Bank Account to schedule Automatic Transfers
  • Use our Payment Portal to make one-time or automatic payments with a debit card or external bank account. There’s a small fee for this service.
  • Mail a check
  • Stop by a branch to pay by cash, check, or card (there’s a fee for this) in person.
  • Call a branch to pay over the phone with a debit card (there is a fee for this)
  • Set up automatic bill pay from your other bank or credit union’s online banking.

Find details and instructions on all these payment options here

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Payment FAQs

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Sierra Pacific Federal Credit Union