Phyllis Gurgevich President and CEONevada Bankers Association “Saving money for retirement is a habit most of us wish we had started sooner. Remember it’s also never too late to start. Today is a day earlier than tomorrow.” Chuck Alvey ChairVistage International “Full contact listening! While I have finally learned to listen with my other senses, listening … [Read more...] about Last Word
Nevada Bankers Association
Setting RecordsNevada’s Healthy Banking Industry Amidst the Pandemic
Global events like COVID send ripples through the economy which can cause uncertainty on the part of consumers and businesses. With the pandemic creating havoc for normal business operations and occurring just over a decade since the official end of the Great Recession, some economic uncertainty is to be expected. “I started with the bank 20 years ago and I came into the … [Read more...] about Setting Records
Industry FocusBankers
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
Nevada Bankers Association Supports Legal Cannabis Businesses Gaining Access to the Banking System
LAS VEGAS – According to Nevada Bankers Association President and CEO Phyllis Gurgevich, the association does not take a position on the legalization of marijuana, but does support Nevada’s legal marijuana businesses accessing the banking system. “Our members are committed to serving the financial needs of our communities,” Gurgevich explained. “That includes those that run … [Read more...] about Nevada Bankers Association Supports Legal Cannabis Businesses Gaining Access to the Banking System
Healthy FinancesBanking on Nevada
Despite the ongoing changes and challenges brought by the coronavirus pandemic, the Nevada banking industry is in a much healthier place than it was after the Great Recession in 2008. Total assets of the 68 financial institutions in the state were $108.2 billion, according to recent statistics compiled by the Federal Deposit Insurance Corp. (FDIC). Banking executives … [Read more...] about Healthy Finances
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 Association Offers Update on Federal Aid for Businesses, Including the Paycheck Protection Program
LAS VEGAS – Of all the measures the U.S. government is taking to help American workers and businesses deal with the economic crisis caused by the coronavirus pandemic, one of the most widely publicized is the Paycheck Protection Program (PPP). It offers loans designed to provide a direct incentive for small businesses to keep their workers on the payroll. To help Nevadans … [Read more...] about Nevada Bankers Association Offers Update on Federal Aid for Businesses, Including the Paycheck Protection Program
Nevada Bankers Association Encourages Small Businesses Impacted by COVID-19 to Apply for Federal Aid, Including New Paycheck Protection Program, but Have Patience
LAS VEGAS – The Nevada Bankers Association is encouraging small business owners affected by the coronavirus pandemic to apply for federal aid, including the Paycheck Protection Program (PPP). The federal program is designed to offer relief to small businesses, helping them make payroll, pay rent and fund other operational necessities for the next eight weeks until the crisis … [Read more...] about Nevada Bankers Association Encourages Small Businesses Impacted by COVID-19 to Apply for Federal Aid, Including New Paycheck Protection Program, but Have Patience
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
Industry FocusBankers
One industry that is consistently at the forefront of any economic discussion is banking. From financing issues to community giving, bankers are involved in the Silver State at a micro level. Recently, executives representing this industry met at the Las Vegas offices of City National Bank to discuss everything from regulations to education. Connie Brennan, publisher and … [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
An industry that saw major changes and new regulations after the recession hit, banking has endured a host of ups and downs. Currently in an upswing, the industry is cautious and working toward smart growth. Recently, banking executives met at the Las Vegas offices of City National Bank to discuss banking and talk about some of the changes they’re seeing. Connie Brennan, … [Read more...] about Industry Focus: Bankers
Industry Focus: Professional Organizations
Professional organizations have undergone a myriad of changes in recent years and the prevalence of social media has both benefited and added a new layer of challenges to the industry. Professional organization executives recently met at the Las Vegas offices of City National Bank to discuss the industry and most agreed, collaboration is key. Connie Brennan, publisher and … [Read more...] about Industry Focus: Professional Organizations
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