Robert Cerminaro, 25-year Banking Veteran, Named New CEO PHOENIX (Sept. 21, 2022) – John Guedry, who has served as chief executive officer for Bank of Nevada and First Independent Bank for more than a decade, has announced he will retire from his role on Dec. 31. To ensure a smooth leadership transition at its Nevada division, Western Alliance Bank, parent company of Bank … [Read more...] about Bank of Nevada, First Independent Bank CEO John Guedry Announces Retirement, Effective Dec. 31
John Guedry
Industry FocusBankers
From the early, uncertain times of the pandemic to the hectic days of the Payroll Protection Program (PPP), Nevada bankers have seen massive shifts in the market and in their industry over the past few years. These shifts have made bankers agile and adaptable to their client’s needs. Recently, bankers met in a roundtable sponsored by City National Bank to discuss their industry … [Read more...] about Industry Focus
Keep WatchFinancing in Nevada
Financing in Nevada is on the move and, even experts agree, where it’s headed is anybody’s guess. With the Fed recently increasing interest rates and a noticeable spike in inflation, financial experts and Nevadans alike are paying close attention. “Depending on what the two variables do – inflation and interest rates – it will have some impact on every industry. [That … [Read more...] about Keep Watch
Industry FocusBankers
One industry that is consistently at the forefront of any economic discussion is banking. From financing issues to community giving, bankers are involved in the Silver State at a micro level. Recently, executives representing this industry met at the Las Vegas offices of City National Bank to discuss everything from regulations to education. Connie Brennan, publisher and … [Read more...] about Industry Focus
Nevada Bankers AssociationSupporting Business. Supporting Communities
WHAT makes a community a community? From educators and law enforcement to medical professionals and retailers, every individual plays an important role to the success of the community. Banks play a key part in supporting the community as well. By providing loans, checking and savings accounts and a range of products and services, banks help create stable, prosperous … [Read more...] about Nevada Bankers Association
Bank of Nevada is Helping to Prepare Students for a Solid Financial Future
LAS VEGAS - More than 50 students at Desert Pines High School were recognized for their successful completion of the Bank of Nevada Financial Cents Program, an effort to provide students in Southern Nevada with the smart money skills they need to be better-informed consumers. During a brief ceremony, Bank of Nevada volunteers and Desert Pines High School educators … [Read more...] about Bank of Nevada is Helping to Prepare Students for a Solid Financial Future
Bank of Nevada and First Independent Bank Increase Financial Support of Nevada Legal Aid Organizations
LAS VEGAS - Bank of Nevada and First Independent Bank, divisions of Western Alliance Bank, Member FDIC, have increased the amount of interest paid on Lawyer Trust Accounts, known as IOLTA funds, which are used to support legal aid organizations. Nevadans who find themselves in need of civil legal assistance can expect increased access to Nevada’s nonprofit legal aid … [Read more...] about Bank of Nevada and First Independent Bank Increase Financial Support of Nevada Legal Aid Organizations
Bank of Nevada’s Leaders in Business Survey Shows Continued Workforce and Education Challenges; Enthusiasm About State’s Tax Structure
LAS VEGAS - Business leaders around the state believe there are many good reasons to do business in Nevada, but the state’s favorable tax structure was cited by most as the top business benefit, according to the Bank of Nevada Leaders in Business Survey. Business leaders continue to cite quality and availability of workforce as the No.1 challenge for Nevada businesses. For … [Read more...] about Bank of Nevada’s Leaders in Business Survey Shows Continued Workforce and Education Challenges; Enthusiasm About State’s Tax Structure
Banking on Nevada: Nevada Financial Institutions by the Numbers
Nevada’s Financial Institutions Division (FID) maintains and supervises Nevada’s banking industry. According to FID, the industry is growing stronger. Some of the positive indicators include loan concentrations – those concentrations that indicate what loan growth is, what loan activity is actually taking place, and whether individual banks have too large a concentration in … [Read more...] about Banking on Nevada: Nevada Financial Institutions by the Numbers
Bank of Nevada’s John Guedry Recognized as Lee Business School Alumnus of the Year
LAS VEGAS - Bank of Nevada CEO John Guedry was awarded the Lee Business School Alumnus of the Year Award during a special ceremony honoring University of Nevada, Las Vegas (UNLV) graduates for their outstanding contributions to the university, and the community at large. Guedry received his Bachelor of Science degree in business administration from the Lee Business School in … [Read more...] about Bank of Nevada’s John Guedry Recognized as Lee Business School Alumnus of the Year
Beyond The Basics: Education in Nevada
Education is critical to Nevada’s workforce, economy and lifestyle. But Nevada’s public education ranks at or near the bottom of national rankings, and only 30 percent of Nevadans hold post-secondary education degrees or certificates. In the K-12 system, rankings are created from more indicators than simply academic, according to Traci Davis, superintendent, Washoe … [Read more...] about Beyond The Basics: Education in Nevada
Bank of Nevada’s Business Leader Survey Shows Workforce, Education and Healthcare Concerns
Nevada business leaders believe the biggest challenges facing the business community include the quality and availability of the state's workforce, the public education system, and increasing healthcare costs. Despite those concerns, the vast majority of business leaders are confident their company revenues will grow in 2017, with most expecting to hire and train additional … [Read more...] about Bank of Nevada’s Business Leader Survey Shows Workforce, Education and Healthcare Concerns
Rachelle Crupi Promoted to President at Bank of Nevada
LAS VEGAS – Bank of Nevada announced that Rachelle Crupi is promoted to President, Bank of Nevada, effective Jan.1, 2017. Ms. Crupi is an accomplished banker with more than 30 years of experience in Nevada’s banking landscape. She joined Bank of Nevada in 2003 as a Regional President and early in her tenure opened the bank’s location at Hualapai Way and Charleston Boulevard. … [Read more...] about Rachelle Crupi Promoted to President at Bank of Nevada
Bank of Nevada Donates 42 iPads to Andre Agassi College Preparatory Academy To Boost Future Learning
LAS VEGAS - Bank of Nevada is answering the call to help the Andre Agassi College Preparatory Academy take part in a valuable research project which may hold promise for all students in Nevada to attain reading proficiency by third grade — considered a crucial benchmark by educators as an indicator of future success. On behalf of Bank of Nevada, CEO John Guedry donated 42 … [Read more...] about Bank of Nevada Donates 42 iPads to Andre Agassi College Preparatory Academy To Boost Future Learning
Industry Focus: Bankers
As the Silver State continues to bounce back from the recent recession, Nevada banking continues to experience ups and downs throughout the recovery. Potential rising interest rates, regulatory changes and staffing issues remain a challenge to the industry. However, loan demand is up and bankers have expressed an optimism going forward. Banking executives recently met at the … [Read more...] about Industry Focus: Bankers