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
Phyllis Gurgevich
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
Banking on ChangeOutlook 2025
The banking industry must constantly adapt to changes: in the economy, in the interest rate environment, in regulations, in online security and in political leadership. For many bankers, it’s a never-ending balancing act, and the coming months will again challenge their adaptability and resilience. Bankers constantly adjust their business model to account for interest … [Read more...] about Banking on Change
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
Nevada Bankers Association Announces Sponsors of Second Annual Nevada Trust Conference, April 24-26
LAS VEGAS – The Nevada Bankers Association (NBA) announced the sponsors of its second annual Nevada Trust Conference from April 24 to 26 at Paris Las Vegas. NBA’s platinum sponsors for the 2023 in-person conference will include Charles Schwab, GBank, Laurel Trust and Seiler LLP. Other sponsors include Sequent (North America) LLC and ECG Resources at the gold level. AG … [Read more...] about Nevada Bankers Association Announces Sponsors of Second Annual Nevada Trust Conference, April 24-26
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
Nevada Bankers Association Warns Consumers About Holidays Scams
LAS VEGAS – With the holiday season in full swing, the Nevada Bankers Association (NBA) is offering some timely tips to help Nevadans spot scams and protect themselves and their bank accounts. NBA leaders are alerting shoppers to the following scams this holiday season: 1. Job offer scams Many consumers are looking for ways to make some extra money during the … [Read more...] about Nevada Bankers Association Warns Consumers About Holidays Scams
Nevada Bankers Association Announces Second Annual Nevada Trust Conference, April 24-26, 2023
LAS VEGAS – The Nevada Bankers Association (NBA) announced it will hold its second annual Nevada Trust Conference from April 24 to 26, 2023 at Paris Las Vegas. NBA officials say the conference is “a must for estate management professionals, attorneys and accountants in Nevada and throughout the U.S.” It will highlight the differences and advantages of Nevada’s trust … [Read more...] about Nevada Bankers Association Announces Second Annual Nevada Trust Conference, April 24-26, 2023
Nevada Bankers Association Hosting Credit and Lenders Conference Oct. 25-26
LAS VEGAS – The Nevada Bankers Association (NBA), the united voice of Nevada’s diverse banking and trust company industry, is presenting its 2022 Credit & Lenders Conference on Oct. 25 and 26 at Park MGM in Las Vegas. Lending professionals from across the state will hear from experts and strategists and experience interactive sessions and networking opportunities. … [Read more...] about Nevada Bankers Association Hosting Credit and Lenders Conference Oct. 25-26
Last WordWhat Habit do you have now that you Wish you had Started Earlier?
Phyllis Gurgevich President and CEONevada Bankers Association “Saving money for retirement is a habit most of us wish we had started sooner. Remember it’s also never too late to start. Today is a day earlier than tomorrow.” Chuck Alvey ChairVistage International “Full contact listening! While I have finally learned to listen with my other senses, listening … [Read more...] about Last Word
Setting RecordsNevada’s Healthy Banking Industry Amidst the Pandemic
Global events like COVID send ripples through the economy which can cause uncertainty on the part of consumers and businesses. With the pandemic creating havoc for normal business operations and occurring just over a decade since the official end of the Great Recession, some economic uncertainty is to be expected. “I started with the bank 20 years ago and I came into the … [Read more...] about Setting Records
Industry FocusBankers
As the pandemic took its toll on businesses throughout Nevada, bankers were called upon to implement the Paycheck Protection Program (PPP), a loan program intended to provide American small businesses with cash flow. They did so efficiently while also overcoming new challenges to banking arising from a myriad of sources. Recently, bankers met in a virtual roundtable, hosted by … [Read more...] about Industry Focus
Healthy FinancesBanking on Nevada
Despite the ongoing changes and challenges brought by the coronavirus pandemic, the Nevada banking industry is in a much healthier place than it was after the Great Recession in 2008. Total assets of the 68 financial institutions in the state were $108.2 billion, according to recent statistics compiled by the Federal Deposit Insurance Corp. (FDIC). Banking executives … [Read more...] about Healthy Finances
Industry FocusBankers
From Paycheck Protection Program (PPP) loans to overnight advances in contactless transactions, 2020 has been an interesting and challenging year for bankers. Now, as they try to navigate changing customer and business needs, bankers are pivoting their services and interactions to reflect those changes. Recently, banking executives met in a virtual roundtable to … [Read more...] about Industry Focus
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