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
Paul Parrish
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