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
Stan Wilmoth
Financial Foundations: Funding Commercial Real Estate in Nevada
Nevada’s commercial real estate industry is growing again. New projects are underway, both sales of existing buildings and those under construction. “We’re definitely seeing a large increase in our loan volume over the last several months,” said Debra Alexandre, president, Nevada State Development Corp. “It’s looking much better than it has since the recovery began. We’re … [Read more...] about Financial Foundations: Funding Commercial Real Estate in Nevada
Wealth of Knowledge: Banking on Nevada
From federal budget challenges and Dodd-Frank to the housing market, borrowers’ shaky confidence and the state of the national economy, Nevada’s banking industry has its work cut out for it in 2013. While top executives remain cautiously optimistic, they are under no illusions about the challenges facing growth over the next 12 months. “I think we’re on the road to … [Read more...] about Wealth of Knowledge: Banking on Nevada