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...]
Nevada’s high net worth households rank improving education programs as a top priority for the state
LAS VEGAS - The Private Bank by Nevada State Bank released the latest edition of its High Net Worth Report series today. Issue 2 of 2017 examines the education-related laws and issues that were considered during the recent session of the Nevada Legislature. This issue also includes a column by Clark County School District Superintendent Pat Skorkowsky about the things that make … [Read more...]
Southern Nevada’s Go-To Business Banking Resource
At Bank of Nevada, we know what it takes to start, grow and maintain a thriving business in the Silver State. We’re a local business banking division supported by one of the top-performing banking companies in the U.S., which ranks #4 on the Forbes 2017 “Best Banks in America” list. You’ll enjoy a close relationship with Nevada business banking professionals, who offer … [Read more...]
Northern Nevada’s Go-To Business Banking Resource
At First Independent Bank, we know what it takes to start, grow and maintain a thriving business in the Silver State. We’re a local business banking division supported by one of the top-performing banking companies in the U.S., which ranks #4 on the Forbes 2017 “Best Banks in America” list. You’ll enjoy a close relationship with Nevada business banking professionals, who offer … [Read more...]
Nevada State Bank names Erica Benson branch manager
LAS VEGAS – Nevada State Bank has named Erica Benson branch manager for its West Sahara branch, where she oversees banking operations and client services. Benson has been with Nevada State Bank for more than 10 years, holding numerous positions, including professional banker, branch service manager, business center manager, territory sales manager and small business … [Read more...]
First Hospice and Palliative Medicine Fellowship Program Coming to Nevada
Nevada's first osteopathic fellowship program has the green light. The American Osteopathic Association approved Nathan Adelson Hospice for a Hospice and Palliative Medicine Program. The program is a collaboration between the hospice and Touro University Nevada. This is a first-of-its-kind fellowship in Nevada and one of only 11 in the nation, according to a recent statement … [Read more...]
Nevada State Bank names Ryan Ragland vice president, professional banking relationship manager
LAS VEGAS – Nevada State Bank has named Ryan Ragland vice president, relationship manager for the professional banking group. In his role, Ragland will oversee all areas of professional banking services for his clients. Ragland brings more than 10 years of experience in the southern Nevada financial industry to his role. He previously served in various positions, including … [Read more...]
Las Vegas Home Prices See 2.7 Percent Increase
Las Vegas home prices ticked up 2.7 percent in February - even as the valley saw fewer homes selling. According to statistics released by the Greater Las Vegas Association of REALTORS (GLVAR), the median price of an existing single-family home sold in Southern Nevada during February was $190,000, up from $185,000 in January. Total existing homes, condos and townhomes sold in … [Read more...]
Nevada State Bank: Established in 1959
Nevada State Bank (NSB), the largest state-chartered bank in Nevada, has grown along with the state for nearly 55 years, succeeding despite the economic challenges that managed to defeat many other financial institutions. Today, it operates 50 branches in 20 communities across the state, and has over $4 billion in assets. Beginnings: 1959-1979 In the late 1950s, a group of 12 … [Read more...]
Banking on Nevada: A New Day Dawning
Banking doesn’t exist in a vacuum; the industry is affected by the economic environment which, in turn, can be directly affected by practices and realities within the banking industry. So it should be good news that Nevada bankers are feeling optimistic about 2014. The banking industry has stabilized, according to George E. Burns, commissioner, Nevada Financial Institutions … [Read more...]
Credit Unions in Nevada: They’re Coming Back
During the recession, Nevada’s Boulder Dam Credit Union (BDCU) moved from the black into the red, primarily due to loan losses, said President and CEO Eric Estes. It weathered the financial decline by shrinking assets and shares. After three and a half years in the doldrums, the credit union’s health began to turn around. BDCU now has been profitable for about 18 months, … [Read more...]
