The banking industry is navigating headwinds on multiple fronts as institutions strive to preserve a culture of highly personalized and long-term strategic relationships with clients. From shifting election dynamics to overseas conflicts, Nevada's financial leaders are tasked with guiding clients through uncertain times while tackling the rise of sophisticated AI-driven fraud, … [Read more...] about Industry Focus
David Navarro
Industry FocusBankers
There is a lot happening on the global stage that impacts the banking industry. From tariffs to rising costs, the world and local economy is changing, and many businesses are not sure if it is prudent to move forward or to wait and see what happens. In addition to an unsure economic forecast, bankers are grappling with a talent shortage as baby boomers are expected … [Read more...] about Industry Focus
Industry FocusWorkforce
The workforce landscape in Nevada is changing. And while much of it is for the better, Nevada businesses are still grappling with a disconnect between their needs and the availability and skill level of applicants. Leadership in Nevada takes a collaborative approach and have resources to help recruit, train and retain the right people. Recently, a group of workforce … [Read more...] about Industry Focus
Industry FocusBankers
Keeping buried cash in the yard for a rainy day is a thing of the past. Today, consumers rely on banks to safely store their earnings. But what happens when banks fail? Although it seems impossible, it was not too long ago that news of the Silicone Valley Bank collapse had people panicking and wondering if grandpa had it right with cash hidden under the tomato plants. That, … [Read more...] about Industry Focus
Banking on NevadaThe Changing Landscape of Nevada’s Banking Industry
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
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
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
Industry FocusBankers
From the early, uncertain times of the pandemic to the hectic days of the Payroll Protection Program (PPP), Nevada bankers have seen massive shifts in the market and in their industry over the past few years. These shifts have made bankers agile and adaptable to their client’s needs. Recently, bankers met in a roundtable sponsored by City National Bank to discuss their industry … [Read more...] about Industry Focus
Keep WatchFinancing in Nevada
Financing in Nevada is on the move and, even experts agree, where it’s headed is anybody’s guess. With the Fed recently increasing interest rates and a noticeable spike in inflation, financial experts and Nevadans alike are paying close attention. “Depending on what the two variables do – inflation and interest rates – it will have some impact on every industry. [That … [Read more...] about Keep Watch
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
Pacific Premier Bank announces David Navarro as the SVP, Director of Commercial Banking for Las Vegas
Pacific Premier Bank announces David Navarro as the Director of Commercial Banking for the Las Vegas area. David has over 7 years of Commercial Banking Experience, partnering with operating companies in diverse industries to help achieve their goals. He leads a team of experienced Commercial Bankers who support clients with customized solutions for loans, treasury … [Read more...] about Pacific Premier Bank announces David Navarro as the SVP, Director of Commercial Banking for Las Vegas