Over the last five years, the banking industry has seen significant changes, including the use of technology, client behavior and economic downturns. "The pandemic played the biggest role [in changing the industry], but some of the changes were already beginning to transpire," said David Navarro, Nevada regional president, Enterprise Bank & Trust. Flexible work … [Read more...] about Banking on Nevada
Nevada State Bank
Industry FocusBankers
From the recent COVID pandemic that resulted in a changed workforce, to rising interest rates and an overall lack of trust in the industry, bankers have had a front row seat to a dynamic market. These challenges have resulted in bankers becoming more focused and client centered. Recently, bankers met at a roundtable sponsored by City National Bank and held in Las Vegas to … [Read more...] about Industry Focus
Nevada Business AwardsRecognizing Excellence
Nevada State Bank Nevada State Bank is proud to be the presenting sponsor of the 2023 Nevada Business Awards, joining with business leaders across the state to recognize and celebrate the accomplishments of outstanding local companies. Each business being honored today is unique, with its own history, its own set of challenges to be overcome and its own list of victories … [Read more...] about Nevada Business Awards
Banking on NevadaHealthy Growth Post-Pandemic
"Overall, '22 was a strong year for earnings for the banking industry," said Terry Shirey, president and CEO of Nevada State Bank. "A lot of loan growth occurred, historic loan growth. We had very low interest rates when we started the year, very strong economic conditions and that really played out on bank balance sheets where we were able to do a lot of high-quality new loan … [Read more...] about Banking on Nevada
Nevada Business Awards2022
Nevada Business Magazine, along with corporate sponsor Nevada State Bank, is honored to recognize and support Nevada businesses for their hard work. Congratulations to all of this year’s finalists. The Judges A special thank you to the distinguished panel of judges for their work in identifying this year’s finalists out of hundreds of nominees and for the unenviable … [Read more...] about Nevada Business Awards
Last WordWhat are your hopes for the New Year?
Dr. Ali Nairizi Board Certified Interventional Pain Specialist and AnesthesiologistReno-Tahoe Pain Associates and United Pain Urgent Care “I hope the urgent pain care concept will become an accepted and integrated part of our healthcare system. It’s imperative that we address acute injuries upfront to reduce opioid misuse and abuse while removing the stigma associated … [Read more...] about Last Word
Cybersecurity for Business OwnersMinimize Risk, Maximize Security
All businesses, from corporate giants to mom and pop enterprises, have data that needs to be protected. This is one instance where the size and type of a business is irrelevant. “That’s a real challenge that small businesses haven’t quite learned to cope with,” said Brian Fricke, chief information security officer, City National Bank. “You can outsource a lot of things, of … [Read more...] about Cybersecurity for Business Owners
Nevada Business Awards2021
Welcome to the inaugural Nevada Business Awards! Thank you for being a part of this very special issue. There is a reason Nevada is known as the Battle Born state. Apart from the way Nevada became a state, the title resonates with Nevadans because of the resilience and perseverance it implies. Battle Born is particularly applicable to Nevada businesses and entrepreneurs who … [Read more...] about Nevada Business Awards
Around the StateMay 2021
PUCN Approves NV Energy’s Greenlink Nevada Initiative The Public Utilities Commission of Nevada (PUCN) has approved NV Energy’s proposed Greenlink Nevada transmission and renewable energy initiative. The initiative will tap into renewable energy zones throughout western and northern Nevada to accelerate the development of clean energy on public lands and increase electric … [Read more...] about Around the State
Last WordWhat Advice do you Have for Someone who is New at Managing People?
Ava Lemieux Branch Manager MesquiteAmerica First Credit Union “Lead by example. Don’t expect your team to do anything you wouldn’t do yourself. Be true to your word. Follow through with promises and consequences. Always respect and value opinions.” Chuck Mohler CEOEagle Corporate Advisors “Be selfless. You are only as good as the people you manage. Value each … [Read more...] about Last Word
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
Nevada State Bank Wins “Best Bank” in Las Vegas Review-Journal Poll for Fourth Straight Year
LAS VEGAS – Nevada State Bank earned the Gold award for “Best Bank” in the 2020 Las Vegas Review-Journal “Best of Las Vegas” readers’ poll. This marks the fourth straight year the bank has been recognized with this honor. Nevada State Bank also earned the Silver award for “Best Wealth Management” and the Bronze award for “Best Mortgage Lender” in the Review-Journal poll … [Read more...] about Nevada State Bank Wins “Best Bank” in Las Vegas Review-Journal Poll for Fourth Straight Year
Cyber SecurityKeeping Your Business Safe
An issue that will only become more prevalent moving into the future, cybersecurity is something that affects everyone. From the grandfather that sends his social security check to a “prince” in Nigeria, to the CEO who finds her proprietary data held hostage by a cyber thief, no one is immune to online threats and scams. Business owners need to be especially careful as they … [Read more...] about Cyber Security
Nevada State Bank Collecting Toys and Bikes for the 98.5 KLUC Toy Drive
LAS VEGAS – Nevada State Bank, a sponsor of the 22nd annual 98.5 KLUC Toy Drive, is collecting new, unwrapped children’s toys and bikes from Nov. 16 through Dec. 5 at its Southern Nevada branches. Toys and bikes can be dropped off at any Nevada State Bank branch location in the Las Vegas Valley and will be delivered to KLUC’s Chet Buchanan on Dec. 9 in celebration of Nevada … [Read more...] about Nevada State Bank Collecting Toys and Bikes for the 98.5 KLUC Toy Drive
Ashley Dewey Promoted to Retail Market Sales Manager at Nevada State Bank
RENO – Ashley Dewey has been promoted to Vice President, Retail Market Sales Manager for Nevada State Bank’s Northern Nevada territory. Dewey began her banking career as a teller when she joined Nevada State Bank 10 years ago, and was quickly promoted, holding multiple positions from personal banker to branch manager. In 2012, Dewey became a successful mortgage loan officer … [Read more...] about Ashley Dewey Promoted to Retail Market Sales Manager at Nevada State Bank