Reno – Jim DeVolld, a longtime Nevadan who has spent decades working in the Northern Nevada banking industry, has returned to First Independent Bank as senior vice president, regional manager.
Between 2009 and 2011, DeVolld served as president and CEO of First Independent Bank, prior to Western Alliance Bank’s acquisition of the division. During his time with First Independent Bank, he also served as chief credit officer.
In his new position, DeVolld will be responsible for oversight of all operations at First Independent Bank and work alongside the existing team to expand current and new client relationships. DeVolld will report directly to John Guedry, CEO of the Nevada divisions of Western Alliance Bank.
“I am pleased to announce that Jim is coming back to First Independent Bank,” said John Guedry, CEO, Bank of Nevada. “He brings an incredible amount of experience and a significant amount of relationships to First Independent Bank. The breadth of his experience, combined with his knowledge of Northern Nevada communities and their needs, is a true asset for our current and future clients,” he said.
DeVolld is a graduate of the Pacific Coast Banking School and the National School of Real Estate Finance. He will be the chairman of Renown Health Systems starting in January 2019 and currently serves as the chairman of the Nevada Tax Commission. He is also a board member for the Boys & Girls Club of Truckee Meadows.
About First Independent Bank
First Independent Bank is a division of Western Alliance Bank, Member FDIC, the go-to bank for business in its growing markets. Founded in 1999, First Independent Bank offers a full spectrum of loan, deposit and treasury management capabilities, plus superior service to meet the needs of local businesses. With six offices in Reno, Sparks, Carson City and Fallon, along with Western Alliance Bank’s powerful array of specialized financial services, the banking division is a valued resource for Northern Nevada’s business, real estate, professional, municipal and nonprofit communities. Western Alliance Bank is the primary subsidiary of Phoenix-based Western Alliance Bancorporation. One of the country’s top-performing banking companies, Western Alliance ranks #2 on the Forbes 2018 “Best Banks in America” list. For more information, visit firstindependentnv.com.