LAS VEGAS – According to Nevada Bankers Association President and CEO Phyllis Gurgevich, it’s too soon to supply any specific local data on the “second draw” of the Paycheck Protection Program, although Nevada banks are reporting strong demand for these federal loans and many PPP applications are already working their way through the pipeline. “Bankers are very busy … [Read more...] about Nevada Bankers Association Offers Update on the Paycheck Protection Program’s “Second Draw”
Nevada Bankers Association (NBA)
Nevada Bankers Association Announces 2020-21 Board of Directors
LAS VEGAS – The Nevada Bankers Association (NBA), the united voice of Nevada’s diverse banking industry, announced its newly elected 2020-21 board of directors this month. The board will oversee the association’s strategic direction, legislative advocacy efforts, professional development offerings and member services. Ryan Sullivan, president and chief executive officer … [Read more...] about Nevada Bankers Association Announces 2020-21 Board of Directors
Change Is Needed: Nevada Banks Asking Consumers to Use and Deposit Coins to Ease Shortage
LAS VEGAS – Time to empty those piggy banks to help small businesses. Nevada banks are asking consumers to deposit their spare change at their local bank or coin-cashing machines as pandemic-related shutdowns have created a coin shortage. When COVID-19 restrictions went into place, the closing of establishments like retail shops, bank branches and laundromats – typical … [Read more...] about Change Is Needed: Nevada Banks Asking Consumers to Use and Deposit Coins to Ease Shortage
Nevada Bankers Association Joins Local Business Groups in Pushing for “EZ Form” to Help Small Businesses Comply With Paycheck Protection Program
LAS VEGAS – The Nevada Bankers Association is joining other local business organizations in pushing for a more simplified and streamlined process to help small businesses comply with the loan forgiveness requirements of the Paycheck Protection Program (PPP). The NBA is part of a statewide group that includes the Vegas Chamber of Commerce, Reno Sparks Chamber of Commerce, … [Read more...] about Nevada Bankers Association Joins Local Business Groups in Pushing for “EZ Form” to Help Small Businesses Comply With Paycheck Protection Program
Banking on NevadaA New Decade is Dawning
The economy and the banking industry mirror each other, and both are doing well in Nevada as the new decade begins. “We have one of the best economies in the country as measured by employment growth and in-migration, all those key metrics that we watch so closely, those are really strong right now. That generally means that the banking industry’s going to do … [Read more...] about Banking on Nevada
BankingLet the Good Times Roll
Mirroring the vibrancy of Nevada’s economy, the state’s banking industry is robust, expanding and expected to remain strong throughout 2019, experts said. “It’s a great time to be a bank in Nevada,” said Stan Wilmoth, president and CEO of Heritage Bank of Nevada. Loans and deposits at the Northern Nevada community bank increased about 8 to 10 percent last year, and Wilmoth … [Read more...] about Banking
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...] about Banking In Nevada: Beginning to Flourish