CARSON CITY – Greater Nevada Credit Union recently launched a wholly-owned commercial lending subsidiary called Greater Commercial Lending, the credit union announced on January 8.
Wally Murray, President / CEO of GNCU, will also be President / CEO of the new company. Jeremy Gilpin, previously Vice President of Commercial Services at GNCU, will be Executive Vice President of Greater Commercial Lending.
Greater Commercial Lending is an extension of GNCU’s nationally recognized Commercial Services Department. The new company will provide loan services to businesses in Nevada and the United States in sectors such as energy, community facilities, industrial, mining, commercial and export loans.
“The creation of Greater Commercial Lending will allow us to meet these types of lending needs even more effectively in the future,” said Murray. “We can apply our business creation and service expertise to increase the number of businesses we can help, increase the number of jobs we can help create and save, and better collaborate with other programs.” and government lenders. “
The new non-profit full-service financial institution business loan company is the third wholly owned subsidiary of the Greater Nevada Credit Union, which also owns Greater Nevada Mortgage and Greater Nevada Insurance.