As the pandemic took its toll on businesses throughout Nevada, bankers were called upon to implement the Paycheck Protection Program (PPP), a loan program intended to provide American small businesses with cash flow. They did so efficiently while also overcoming new challenges to banking arising from a myriad of sources. Recently, bankers met in a virtual roundtable, hosted by … [Read more...] about Industry Focus
Al Welch
Industry FocusBankers
From Paycheck Protection Program (PPP) loans to overnight advances in contactless transactions, 2020 has been an interesting and challenging year for bankers. Now, as they try to navigate changing customer and business needs, bankers are pivoting their services and interactions to reflect those changes. Recently, banking executives met in a virtual roundtable to … [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
Industry Focus: Bankers
As the economy continues to improve in the Silver State, the banking industry is seeing an uptick in growth. However, there are still challenges for an industry with substantial regulations and bankers are working to navigate those challenges. Banking executives recently met in the Las Vegas offices of City National Bank to discuss the health of the industry and what Nevadans … [Read more...] about Industry Focus: Bankers
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 … [Read more...] about Banking on Nevada: Stronger + in Recovery Mode
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