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...]
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...]
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...]
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...]
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...]
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...]
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...]
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...]
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...]
Bank of Nevada Promotes Executive Vice President and Announces New Hires
LAS VEGAS - Bank of Nevada announced the promotion of executive vice president Sarah Guindy to corporate banking manager, and announced the hiring of Josh Osborn as vice president loan officer and Mega Rose Cruz as commercial loan officer. As corporate banking manager, Sarah Guindy will be based out of the Sahara headquarters focusing on the needs of existing and new … [Read more...]
Bank of Nevada Collecting Back-to-School Supplies for At-Risk Students in August
LAS VEGAS - Bank of Nevada is inviting the public to join its employees and customers in helping provide necessary school supplies to at-risk students who attend schools in Las Vegas, Henderson, and Mesquite. For four weeks —August 1st through 26th — the Bank of Nevada Back-to-School Drive, will collect school supplies on behalf of students whose families may not have the … [Read more...]
Bank of Nevada Named Financial Firm of the Year by NAIOP Southern Nevada
LAS VEGAS - For the second year in a row, Bank of Nevada was named Financial Firm of the Year by members of NAIOP Southern Nevada, a chapter of NAIOP, the Commercial Real Estate Development Association. The award was presented March 12, 2016, at the Hard Rock Hotel & Casino during NAIOP Southern Nevada’s 2016 Spotlight Awards. The awards recognize members who positively … [Read more...]
$1.4 Million in STEM Curriculum Gifted to Nevada Schools at BE Engaged Summit
LAS VEGAS - Middle school students at Nevada public schools will have access to Science, Technology, Engineering and Math (STEM 101) curriculum, thanks to a generous gift from The STEM Academy, Inc., an internationally known and respected organization advancing economic development by improving STEM literacy to meet future workforce needs. The donation announced during … [Read more...]
Business Leaders Invited to Improve Educational Outcomes at Business + Education (BE) Engaged Summit 2016: Accelerating a New Nevada
LAS VEGAS – Leading Southern Nevada business organizations are coming together to commit time, talent, and resources in order to accelerate student achievement, and are asking local business owners and executive decision makers to join them in a one-of-a kind activation event: The Business + Education (BE) Engaged Conference 2016: Accelerating a New Nevada. The conference, to … [Read more...]
Banking On Nevada: An Industry Still in Recovery
Nevada’s banking industry, which was hit hard during the recession, continues to see challenges today. Some bankers believe post-financial crisis regulations, rising interest rates and the popularity of mobile banking and other technology will continue to change their industry. Others believe China’s economic slowdown, Saudi Arabia’s worsening relations with Iran and an … [Read more...]
Bank of Nevada’s John Guedry to be Honored with The Public Education Foundation’s 2015 Education Hero Award
LAS VEGAS - Bank of Nevada Chief Executive Officer John Guedry will be honored with The Public Education Foundation’s 2015 Education Hero Award, for his continued dedication to exploring ideas and strategies which promote excellence in public education. Mr. Guedry will receive the award during The Public Education Foundation’s 19th Annual Education Hero Award Dinner on October … [Read more...]
Bank of Nevada Collecting School Supplies for Hundreds of Students in Need
The public is invited to help provide school supplies for hundreds of Southern Nevada students whose parents may have difficulty providing the basic supplies their child will need. The 2015 Bank of Nevada School Supply Drive, happening August 10, 2015 through August 28, 2015, is a chance for Bank of Nevada employees, customers as well as the general public to … [Read more...]
Legislative Review
The last legislative session in Nevada was one of the most productive the state has seen in recent years. Love it or hate it, there is no denying the outcomes of that productivity and the work of the 78th Session will be discussed for years to come. With around 1,000 registered lobbyists and as many bills passed, 20 freshmen lawmakers and the state’s largest tax increase, … [Read more...]
Bank of Nevada and Leavitt Group Offering Financial Wellness Workshop for Southern Nevada’s Human Resource Employees
LAS VEGAS - Personal financial issues can weigh heavily on an employee’s on-the-job performance. Research shows financial issues can be the number one cause of workplace stress for employees. However, many workers don’t know where to go for help and many Human Resource departments can be uncertain about what kind of assistance to provide. Bank of Nevada and Leavitt Group are … [Read more...]
Banking In Nevada: Beginning to Flourish
This year, Las Vegas-based Ear Nose & Throat Consultants of Nevada obtained financing from City National Bank for ground-up construction of a 13,000-square-foot surgery center. This is one of many Silver State businesses contributing to increased demand for banking services. “Businesses cannot ignore the need for growth now,” said John Wilcox, the Nevada regional … [Read more...]
