G&R Credit Union

G&R Credit Union was established in 1962 by employees of Gibbons & Reed, later acquired by Granite Construction, to create a member-owned financial cooperative. Our mission centers on fostering mutual financial success through personalized services, offering competitive loan rates and savings opportunities tailored specifically to Granite Construction employees. As a not-for-profit institution, we prioritize member needs over profit motives, using loan interest to cover operational costs, maintain capital reserves, and distribute dividends. Our governance structure ensures democratic control through annual member elections of officers, maintaining transparency and accountability in all operations. We focus on three core objectives: providing accessible financial services, returning value to members through favorable rates and dividends, and safeguarding member deposits with federal insurance.

Our limited service scope maintains operational efficiency while preserving the personal touch that distinguishes credit unions from traditional banks. With over six decades of service, we've maintained a steadfast commitment to financial education and community empowerment. Our NCUA-insured status guarantees member deposits up to $250,000, backed by the full faith of the U.S. government. Through strategic cash management and conservative investment practices, we ensure long-term stability for our members. Our operational philosophy remains unchanged since inception: financial success through collective responsibility and member-driven governance.