RENO – For a second year in a row, Nevada State Bank was voted “Best Bank” in the “Best of Reno” contest presented by the Reno Gazette-Journal. Focusing on the Reno/Sparks area, Nevada State Bank took first place over all banks and credit unions. Winners of this competition are both nominated and voted on by local residents, making this honor all the more meaningful to the … [Read more...]
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...]
Nevada State Bank Promotes James Rensvold and Raine Shortridge to Senior Vice President
LAS VEGAS - Nevada State Bank has promoted James Rensvold to senior vice president, private banking manager and Raine Shortridge to senior vice president, professional banking manager. As manager, Rensvold leads The Private Bank by Nevada State Bank to serve the financial needs of high net worth and high-income clients, providing them with a full range of financial services … [Read more...]
Banking on Nevada: Nevada Financial Institutions by the Numbers
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 State Bank Wins Best of Las Vegas, Sweeping State Contests
LAS VEGAS – Being named the best bank in any city is an honor, but in 2017 Nevada State Bank has accomplished the extraordinary feat of winning a top honor in the state’s three metropolitan areas: Las Vegas, Reno and Elko. “We are extremely proud that clients across the state of Nevada have named us as their favorite bank,” said President and CEO Terry Shirey. “We’ve been … [Read more...]
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...]
Nevada Small Businesses Report Growing Confidence In The State’s Economy, Nevada State Bank Survey Finds
77 percent of respondents feel optimistic, compared to 61.5 percent in prior year LAS VEGAS – A recent survey found that small business owners throughout Nevada are increasingly bullish about the coming year, with 68.9 percent believing the U.S. economy is headed in the right direction and 77 percent believing Nevada’s economy is headed in the right direction. The … [Read more...]
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...]
Nevada State Bank Promotes Micah Phillips to Executive Vice President, Marketing Director
LAS VEGAS – Nevada State Bank announced that Micah Phillips is joining the bank’s executive management team as executive vice president, marketing director. In July 2015, Phillips was promoted to the position of senior vice president, marketing director. In this role, he has been responsible for the bank’s marketing and communications teams, as well as continued oversight of … [Read more...]
Nevada State Bank, as Part of Zions Bancorporation, Receives 31 Greenwich Banking Excellence Awards
LAS VEGAS — Nevada State Bank, as part of Zions Bancorporation (NASDAQ: ZION), was recognized with 31 Greenwich Excellence Awards for the year ended 2015, the highest number of awards won by any bank in the United States and the most ever received by Zions. The survey is conducted by Greenwich Associates for excellence among the nation’s top banks for both small business and … [Read more...]
What has been your most memorable milestone in business?
“The most memorable milestone in my career was contributing to the rebranding of Desert Passage to Miracle Mile Shops in 2007 and offering customers a fresh look with new stores, restaurants and entertainment experiences.” Wendy Albert | Senior Director of Marketing, Miracle Mile Shops “We were awarded the contract at the Springs Preserve in March of 2014. The last two years … [Read more...]
Army Veteran Selected for Heroes Hand Up House
Dillon Erickson bringing his family home for Christmas LAS VEGAS –Army veteran Dillon Erickson and his family will receive the ultimate holiday gift this year from Northern Nevada Veterans Coalition, through the donations of Nevada State Bank and the Harmon’s Heroes Foundation. Erickson will officially receive the keys to the Heroes Hand Up House on December 22, 2015 in a 1 … [Read more...]
Nevada State Bank Promotes Micah Phillips to Marketing Director
LAS VEGAS – Nevada State Bank has promoted Micah Phillips to marketing director. Phillips will oversee all marketing communications such as advertising, merchandising, community relations and events, in addition to continuing to direct the bank’s product team. Nevada State Bank President and COO Terry Shirey said the promotion will create a strong functional alignment … [Read more...]
Nevada Small Business Owners Show Increased Confidence in Nevada’s Economy, Says Nevada State Bank Survey
LAS VEGAS – Nevada State Bank’s annual survey of small businesses in Nevada reveals increased confidence in Nevada’s economy and more positive expectations for the future, with optimism increasing from last year’s survey. The bank’s recent survey of more than 400 small business owners, operators and managers throughout the state found that two-thirds of respondents said they … [Read more...]
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...]
Industry Focus: Bankers
Enduring a slow economic recovery, the banking industry stays focused on getting businesses back on their feet in the midst of increasing regulations and legislative uncertainty. Nevada banking executives recently met at the Las Vegas offices of City National Bank to discuss the challenges in their industry. Connie Brennan, publisher of Nevada Business Magazine, served as … [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...]
Industry Focus: Bankers
The past several years have brought many changes to the banking industry including new security threats, a distressed market and changing customer expectations. Nevertheless, the industry works to push through these issues and carry on into the future. Recently, executives representing banking met at the Las Vegas offices of City National Bank to discuss what the future of … [Read more...]
