It’s no secret, running a business is challenging. For entrepreneurs throughout Nevada, navigating the complexities of day-to-day operations, as well as what to do when looking to buy or sell a business, can be overwhelming. In fact, even knowing where to start with many business matters can be daunting to the uninitiated. To help business owners and decision makers navigate … [Read more...] about Business First
Clark County Credit Union
Credit UnionsDiversifying Loan Activity
Credit unions are becoming an increasingly important source of loans for small businesses, a development that’s particularly welcome to credit union executives vexed by the need to put massive flows of new deposits to profitable use. At the middle of this year, small business loans at the 15 credit unions headquartered in Nevada stood at $640 million, a 63 percent increase from … [Read more...] about Credit Unions
Credit UnionsCommunity Banking
As banks continue to consolidate and grow as national corporations, credit unions likewise continue to provide financial connections to local communities. Clark County Credit Union President and CEO Matt Kershaw said the philosophy of “people helping people” has propelled state-charted credit unions to be the largest group of locally-owned financial institutions in Nevada. … [Read more...] about Credit Unions
The Business of Credit Unions: The “Own-Your-Own” Financing Institution
“Credit unions have a different structure and business model than banks do, but they’re still depository institutions, so safe and sound is still safe and sound,” said George Burns, commissioner, Nevada Financial Institutions Division (NFID). They’re also the largest state-chartered, locally owned financial institutions in the state, according to Matt Kershaw, CEO, Clark … [Read more...] about The Business of Credit Unions: The “Own-Your-Own” Financing Institution
Around the State: February 2018
Public Meeting Launched to Address Underperforming Education System In what is expected to be the first of several meetings, Treasurer Dan Schwartz has called for a public meeting to receive input on the draft of a bill targeted at Nevada’s beleaguered K-12 education system. The treasurer hopes to draft a bill for the 2019 legislation that will address educational choice … [Read more...] about Around the State: February 2018
Movers and Shakers: Matt Kershaw
President & CEO Clark County Credit Union (65 years in NV) Type of Business: Credit Union | Hails from: Sandy, Utah | 11 years with company in Nevada | Based in: Las Vegas How did you first get into your profession? My friend’s dad worked at a bank and helped me find a job when I was going to college. What is your pet peeve? The gobbling up of successful … [Read more...] about Movers and Shakers: Matt Kershaw
Keep on the Sunny Side: Power Poll 2016
Optimism is in the air as 2016 ramps up and that positivity is making its way through Nevada’s business community as executives and business owners continue to see improvements. The year started with some big announcements for economic diversification in the state, including projects moving into Southern Nevada’s Apex and continued optimism in the north with new businesses … [Read more...] about Keep on the Sunny Side: Power Poll 2016
Red Report: May 2015
E Project, Industrial ADDRESS 4025 E. Cheyenne Ave., 89115 CONTRACTOR OF RECORD United Construction Company DETAILS Construction is underway on Dermody Properties’ LogistiCenter Cheyenne. The 381,804 SF distribution facility will feature a 32-foot clear height, 80 trailer stalls and 248 parking stalls. The project is expected to be complete in October of this … [Read more...] about Red Report: May 2015
Industry Focus: Credit Unions
Strengthened by a collaborative spirit, credit unions that have made it through the recession work to provide quality services for their members. Recently, Nevada executives in this industry met at the offices of Clark County Credit Union to discuss the trends and challenges facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as … [Read more...] about Industry Focus: Credit Unions
Red Report: April 2015
E Project, Other ADDRESS SW Corner of Sahara Ave. & Las Vegas Blvd., 89104 CONTRACTOR OF RECORD Martin-Harris Construction DETAILS Construction is underway on MGM Resorts International’s open-air music venue. The entertainment complex will have a 2,700 SF administration and storage building, 23.3 acres for the main festival area, 7.7 acres for transportation pick-up and … [Read more...] about Red Report: April 2015
Clark County Credit Union, Colliers Finalize Sale of Industrial Property
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to Larry Alfred Britz. The approximately 5,652-square-foot industrial-office/warehouse property situated on 1.79-acres is located at 1600 and 1609 Stocker St. in Las Vegas. The transaction value was $520,000. Grant Traub and Chris Connell of Colliers International represented the seller, Clark … [Read more...] about Clark County Credit Union, Colliers Finalize Sale of Industrial Property
Clark County Credit Union, Colliers Finalize Sale to Alexander Square LLC
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to Alexander Square LLC. The approximately 34,282-square-foot retail property and approximately 10,500-square-foot self-storage facility is located at 3940 N. Martin Luther King Blvd. in North Las Vegas. The transaction value was $2,470,000. David Grant, Grant Traub, and Chris Connell of … [Read more...] about Clark County Credit Union, Colliers Finalize Sale to Alexander Square LLC
Personal Goals of High Net Worth Individuals; Desert Radiologists Receives ACR Award
Monthly Report Focused on “Personal Goals” of High Net Worth Individuals, Released by The Private Bank by Nevada State Bank The Private Bank by Nevada State Bank released the seventeenth edition of its High Net Worth Report series, with this month’s analysis focusing on the personal goals of high net worth individuals. [Read More...] Desert Radiologists Receives Prestigious … [Read more...] about Personal Goals of High Net Worth Individuals; Desert Radiologists Receives ACR Award
Officials Break Ground on Moapa Paiute Tribe Solar Project
The first utility-scale solar project on tribal land is underway in Southern Nevada. U.S. Senate Majority Leader Harry Reid (NV) joined representatives from the Moapa Band of Piautes and executives from First Solar, Inc. (Nasdaq: FSLR) and the Los Angeles Department of Water and Power (LADWP) to kick off construction on the 250 Megawatt power plant. The project is located on … [Read more...] about Officials Break Ground on Moapa Paiute Tribe Solar Project
Wayne Tew: Clark County Credit Union
President/CEO Clark County https://www.ccculv.org/ How did you first get into your profession? When I left public accounting, I was working as a controller for a small data processing firm when a credit union CEO approached me and asked if I would come and work for him as vice president and controller. I accepted his offer and have been in credit unions ever … [Read more...] about Wayne Tew: Clark County Credit Union