Janet Mello Selected to Head The Private Bank in Northern Nevada

The Private Bank by Nevada State Bank has named Janet Mello vice president/senior private bank officer to lead the Reno Private Banking Office.

RENO – The Private Bank by Nevada State Bank has named Janet Mello vice president/senior private bank officer to lead the Reno Private Banking Office. Mello specializes in serving the complex needs of high net-worth and high-income individuals and their families and will assist clients with a full range of personalized financial services, including deposit… [More...]

Several SBA Loan Requirements Eliminated

The U.S. Small Business Administration made significant changes in qualification for SBA 504 loans. The changes include elimination of “the personal resource test” and “the nine-month rule”. These modifications mean businesses will have an easier time qualifying for SBA loans, according to a recent statement by TMC Financing. “By eliminating the nine-month rule for expenditures, businesses that have… [More...]

Nevada State Bank Reports Net Earnings of $2.3 Million and Loan Growth of $33.1 Million for the First Quarter of 2014

Nevada State Bank (“the Bank”), a subsidiary of Zions Bancorporation, reported loan growth of $33.1 million for the three months ended March 31, 2014.

LAS VEGAS, NEVADA – Nevada State Bank (“the Bank”), a subsidiary of Zions Bancorporation, reported loan growth of $33.1 million for the three months ended March 31, 2014. Net income for the three months ended March 31, 2014 was $2.3 million. The first quarter income of $2.3 million is net of a pre-tax loss on the… [More...]

Las Vegas Home Prices See 2.7 Percent Increase

Las Vegas home prices ticked up 2.7 percent in February – even as the valley saw fewer homes selling. According to statistics released by the Greater Las Vegas Association of REALTORS (GLVAR), the median price of an existing single-family home sold in Southern Nevada during February was $190,000, up from $185,000 in January. Total existing homes,… [More...]

Nevada State Bank, as part of Zions Bancorporation, Earns 12 Greenwich Awards for Banking Excellence

Nevada State Bank was recognized by Greenwich Associates for excellence among the nation’s top banks for both small business and middle-market banking.

LAS VEGAS — Nevada State Bank, as part of Zions Bancorporation (NASDAQ: ZION), was recognized in a survey conducted by Greenwich Associates for excellence among the nation’s top banks for both small business and middle-market banking. The Greenwich awards are based on more than 30,000 market research interviews with companies in the United States. Of the more than… [More...]

Nevada State Bank: Established in 1959

Nevada State Bank (NSB), the largest state-chartered bank in Nevada, has grown along with the state for nearly 55 years, succeeding despite the economic challenges that managed to defeat many other financial institutions. Today, it operates 50 branches in 20 communities across the state, and has over $4 billion in assets. Beginnings: 1959-1979 In the… [More...]

Karla Perez Joins Board of Nevada State Bank

Nevada State Bank has added prominent Southern Nevada healthcare professional and businesswoman Karla J. Perez to its board of directors.

LAS VEGAS– Nevada State Bank has added prominent Southern Nevada healthcare professional and businesswoman Karla J. Perez to its board of directors. Perez serves as the regional vice president of seven hospitals within the western region of Universal Health Services (UHS). “We are delighted to have Karla with her business expertise and her commitment to the community joining… [More...]

Nevada State Bank Reports Net Earnings for 2013 of $18.8 Million

Nevada State Bank reported loan growth of $83.1 million and $198.8 million for the three and 12 months ended Dec. 31, 2013.

LAS VEGAS – Nevada State Bank (“the Bank”), a subsidiary of Zions Bancorporation, reported loan growth of $83.1 million and $198.8 million for the three and 12 months ended Dec. 31, 2013, respectively. Net income for the three and 12 months ended Dec. 31, 2013 was $2.1 million and $18.8 million, respectively. The fourth quarter income… [More...]

Report from The Private Bank by Nevada State Bank offers insight about affluent Nevadans

The May edition of the "High Net Worth Report" focuses on the concentration of high-income and high net worth households throughout the United States.

The Private Bank by Nevada State Bank releases research on lower percentage of high-income households in Nevada               LAS VEGAS – The Private Bank by Nevada State Bank released the sixth of its “High Net Worth Report” briefings today. The May edition focuses on the concentration of high-income households throughout the United… [More...]

The effects of federal tax policy changes on Nevada’s high-income households

Nevada Business Press Releases for March 6th

The Private Bank by Nevada State Bank releases research on the effects of federal tax policy changes on Nevada’s high-income households The Private Bank by Nevada State Bank released the fifth of its High Net Worth briefings today. The research prepared by local market research firm Applied Analysis estimated that recent changes in federal tax… [More...]

Nevada State Bank reports earnings of $6.0 million for the third quarter 2012

Nov-7

LAS VEGAS, NEVADA – Nevada State Bank, a subsidiary of Zions Bancorporation, reported net earnings of $6.0 million for the quarter ended September 30, 2012, and earnings for the nine months ended September 30, 2012 of $17.3 million. Lower credit costs and improving loan quality continued to contribute to the positive earnings. “Nevada State Bank… [More...]