The days of hiding cash in buried tomato cans under the back porch are long gone. Today people have access to a variety of financial vehicles to service their hard-earned capital. Technology has undoubtedly made accessing money more convenient than ever before and financial institutions are not what they once were. With the decline in brick-and-mortar facilities, the … [Read more...] about Credit Unions in Nevada
One Nevada Credit Union
CCIM Southern Nevada to Host 2025 Annual Wine Soirée & Silent Auction Benefiting Local Charities, Schools, and Scholarship Fund
The CCIM Southern Nevada Chapter is proud to announce its 2025 Annual Wine Soirée & Silent Auction, taking place on Thursday, September 18, 2025, from 5:00 p.m. to 8:00 p.m. at Canyon Gate Country Club. This highly anticipated annual gathering brings together Southern Nevada’s business and commercial real estate leaders for an elegant evening of fine wine, networking, and … [Read more...] about CCIM Southern Nevada to Host 2025 Annual Wine Soirée & Silent Auction Benefiting Local Charities, Schools, and Scholarship Fund
Money 2024An Update on Financing in Nevada
The ability to get financing when needed is critical to most businesses. "The important thing to know is how vibrant Nevada is right now," said Bruce Ford, senior vice president, City National Bank. "Nevada is economically vibrant and we anticipate it will only grow more vibrant. This is a great time to be a business owner in Nevada." Approaching mid-year 2024, there's money … [Read more...] about Money 2024
Credit Unions In NevadaMembership and Community
Statewide, credit unions in metro and rural areas may have very different markets. However, the top issues they're facing are consistent when contrasted between credit unions and traditional banking, between Nevada and the rest of the U.S., and between metro and rural. "Overall banking issues are relatively consistent across the state and the nation as technology continues … [Read more...] about Credit Unions In Nevada
Credit UnionsDiversifying Loan Activity
Credit unions are becoming an increasingly important source of loans for small businesses, a development that’s particularly welcome to credit union executives vexed by the need to put massive flows of new deposits to profitable use. At the middle of this year, small business loans at the 15 credit unions headquartered in Nevada stood at $640 million, a 63 percent increase from … [Read more...] about Credit Unions
Credit UnionsCommunity Banking
As banks continue to consolidate and grow as national corporations, credit unions likewise continue to provide financial connections to local communities. Clark County Credit Union President and CEO Matt Kershaw said the philosophy of “people helping people” has propelled state-charted credit unions to be the largest group of locally-owned financial institutions in Nevada. … [Read more...] about Credit Unions
CRE Financing: Evolving with Nevada’s Economy
A tremendous number of loans for commercial real estate (CRE) projects are being sourced and approved in Nevada in what’s described as a robust market being driven by industrial and multi-family properties. “We are seeing a good deal of industrial, including build-to-suit industrial and even some spec type industrial, and we’re seeing a lot of multi-family [apartments] and … [Read more...] about CRE Financing: Evolving with Nevada’s Economy
One Nevada Credit Union’s Business Lending Team names New Assistant Vice President and New Credit Analyst
Las Vegas, NV — One Nevada Credit Union is pleased to announce the promotion of Robert Kraus to Assistant Vice President / Sr. Credit Analyst of Business Lending at their corporate offices in Las Vegas. Robert will continue analyzing credits, underwriting new loans and managing the existing loan portfolio as well as oversee more of the department’s day-to-day operations. Mr. … [Read more...] about One Nevada Credit Union’s Business Lending Team names New Assistant Vice President and New Credit Analyst
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
Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Volunteers in Medicine of Southern Nevada Hosts Groundbreaking Event for Clinic in Downtown Las Vegas Groundbreaking ceremony for VMSN’s new downtown Las Vegas clinic. Members of the community are invited to attend and receive information about the project. [Read more...] Wells Fargo Invests in Southern Nevada through Las Vegas Global Economic Alliance's 'Engage Southern … [Read more...] about Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Nevada Real Estate & Development Report: November 2013
Projects Las Vegas, 89109 Tutor Perini Building Corp. has begun construction on the third phase of the Marriott’s Grand Chateau, the first vertical construction to occur on the Las Vegas Strip since 2008. Construction is projected for completion mid-2014, and will add 233 tower villas for a total of 643 units at the timeshare resort. The tower villas range from one- to … [Read more...] about Nevada Real Estate & Development Report: November 2013
Credit Unions in Nevada: They’re Coming Back
During the recession, Nevada’s Boulder Dam Credit Union (BDCU) moved from the black into the red, primarily due to loan losses, said President and CEO Eric Estes. It weathered the financial decline by shrinking assets and shares. After three and a half years in the doldrums, the credit union’s health began to turn around. BDCU now has been profitable for about 18 months, … [Read more...] about Credit Unions in Nevada: They’re Coming Back