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...] about Banking on Nevada: Stronger + in Recovery Mode
Dodd-Frank Wall Street Reform
The Ups and Downs: Nevada’s Economic Forecast
Experts are bullish on Nevada’s overall economy this year, anticipating continued recovery from the recession and growth, they said. Four key markers support their outlook: Wages: The average private weekly wage for Nevada workers peaked in October at $758.86, representing a 2.3 percent year-over-year increase, according to Applied Analysis, a Las Vegas-based economic fiscal … [Read more...] about The Ups and Downs: Nevada’s Economic Forecast
Let’s Get Personal: Credit Unions in Nevada
Although many financial institutions struggled during the recent economic downturn, credit unions in general fared somewhat better. “The credit union industry weathered the recession pretty well, but in Nevada some merged out of existence. The credit unions that are left are much stronger and are thriving now,” said Andy Hunter, president and CEO of Silver State Schools … [Read more...] about Let’s Get Personal: Credit Unions in Nevada