This page provides the latest feature content on Nevada Banking from Nevada Business Magazine, plus additional resources.
Latest Nevada Banking Feature
Banking on Nevada: Stronger + in Recovery Mode
By Doresa Banning
Originally published: http://www.nevadabusiness.com/2017/02/banking-on-nevada-stronger-in-recovery-mode/
For City National Bank, 2016 was one of its best years since the economic downturn. Today, with $47 billion in assets, its financials are more robust overall, profitability is improved, topline revenues are increasing and its number of clients is up, said Scott Aney, Nevada regional executive. In fact, in December, executives signed a 10-year lease extension for City National’s Las Vegas Regional Center in Summerlin. The bank, which has 73 offices and 16 regional service centers nationwide, provides services in three areas: commercial, for mid-sized businesses; private, for higher net worth individuals; and business and personal, for small business owners and their personal needs.
Like City National, the banking industry as a whole in the Silver State continues to recover and is strong and competitive, experts said. [Read the full story.]
Recent Nevada Banking Features
Banking On Nevada: An Industry Still in Recovery
Nevada’s banking industry, which was hit hard during the recession, continues to see challenges today. Some bankers believe post-financial crisis regulations, rising interest rates and the popularity of mobile banking and other technology will continue to change their industry. [Read More]
Banking In Nevada: Beginning to Flourish
This year, Las Vegas-based Ear Nose & Throat Consultants of Nevada obtained financing from City National Bank for ground-up construction of a 13,000-square-foot surgery center. [Read More]
Nevada Banking Resources
Nevada Financial Institutions Division: The mission of the Financial Institutions Division is to maintain a financial institutions system for the citizens of Nevada that is safe and sound, protects consumers and defends the overall public interest, and promotes economic development through the efficient, effective and equitable licensing, examination and supervision of depository, fiduciary, and non-depository financial institutions.
Federal Reserve: Board of Governors of the Federal Reserve System