Nevada State Bank
   HOME
*





Nevada State Bank
Nevada State Bank, a division of Zions Bancorporation, N.A. Member FDIC, is a full-service bank with branches statewide. Founded in 1959, Nevada State Bank serves 20 communities across the state of Nevada. Zions Bancorporation, N.A. operates in nearly 500 local financial centers across 11 Western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming. Zions Bancorporation, N.A. is included in the S&P 500 and NASDAQ Financial 100 indices (NASDAQ: ZION). History Nevada State Bank first opened for business on December 9, 1959. The bank was organized by a group of 12 business owners, with Charles Lee Horsey Jr. serving as President. The organizing group sold 24,000 shares of stock to local people at $31.25 per share. This gave them $600,000 to put into capital and $150,000 for surplus and reserves. The bank received its official state charter on January 5, 1960. It operated out of one location in downtown Las Vegas until 1974, w ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Las Vegas, Nevada
Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas Valley metropolitan area and is the largest city within the greater Mojave Desert. Las Vegas is an internationally renowned major resort city, known primarily for its gambling, shopping, fine dining, entertainment, and nightlife. The Las Vegas Valley as a whole serves as the leading financial, commercial, and cultural center for Nevada. The city bills itself as The Entertainment Capital of the World, and is famous for its luxurious and extremely large casino-hotels together with their associated activities. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world. Today, Las Vegas annually ranks as one ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Zions Bancorporation
Zions Bancorporation is a bank holding company headquartered in Salt Lake City, Utah. Zions Bancorporation originated as Keystone Insurance and Investment Co., a Utah Corporation, in April 1955. In April 1960, Keystone, together with several individual investors, acquired a 57.5 percent interest in Zions First National Bank from The Church of Jesus Christ of Latter-day Saints. In 1965, the name of the company was changed to Zions Bancorporation. (However, it operated as Zions Utah Bancorporation from 1966 to 1987.) The first public offering of shares in Zions Bancorporation was made in January 1966. There continued to be some minority shareholders until April 1972, when the company exchanged the remaining minority shares for common shares. In 2018, Zions Bancorporation merged into its bank subsidiary, ZB, N.A., which was then renamed Zions Bancorporation, N.A. Zions Bancorporation now operates as a national bank doing business under eight local brands, rather than as a holding co ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Eureka, Nevada
Eureka is an unincorporated town and census-designated places in and the county seat of Eureka County, Nevada, United States. Reprint. Originally published: San Francisco : H. Keller, 1879. With a population of 480 as of the 2018 American Community Survey 5-Year Estimates, it is by far the largest community in Eureka County. Attractions include the Eureka Opera House (built in 1880 and restored in 1993), Raine’s Market and Wildlife Museum (built 1887), the Jackson House Hotel (built 1877), and the Eureka Sentinel Museum (housed in the 1879 ''Eureka Sentinel'' Newspaper Building). Eureka is part of the Elko Micropolitan Statistical Area. Demographics Geography and climate Eureka is located at , in the southern part of Eureka County, at in the Diamond Mountains, in a draw on the southern end of Diamond Valley, between Antelope and Newark valleys. At the 2018 American Community Survey 5-Year Estimates, the population of the census-designated place of Eureka was 480, while t ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Fernley, Nevada
Fernley is a city in Lyon County, Nevada, United States, and part of the Reno–Sparks metropolitan area CSA. The city was incorporated in 2001. The population of the city was 19,368 at the 2010 census. Fernley was home to the historic and one of the first Amazon.com centers in the world, which has since relocated within the metro area. Naval Air Station (TOPGUN), the U.S. Navy's Naval Strike and Air Warfare Center & TOPGUN training program since 1996, was moved nearby, to Fallon, from Naval Air Station Miramar. The city is home to the Reno-Fernley Raceway, Tesla’s Gigafactory 1 that produces battery packs and vehicle components nearby at the Tahoe Reno Industrial Center, and an under-construction lithium recycling plant by American Battery Technology Company. History Fernley, established in 1904, developed as primarily an agricultural and ranching community in proximity to Reno. It is unknown why the name "Fernley" was applied to this community. It, along with the defu ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Tonopah, Nevada
Tonopah ( , Shoshoni language: Tonampaa) is an unincorporated town in, and the county seat of, Nye County, Nevada, United States. It is located at the junction of U.S. Routes 6 and 95, approximately midway between Las Vegas and Reno. In the 2010 census, the population was 2,478. The census-designated place (CDP) of Tonopah has a total area of , all land. History The American community began circa 1900 with the discovery of silver-rich ore by prospector Jim Butler. The legendary tale of discovery says that he went looking for a burro that had wandered off during the night and sought shelter near a rock outcropping. When Butler discovered the animal the next morning, he picked up a rock to throw at it in frustration, noticing that the rock was unusually heavy. He had stumbled upon the second-richest silver strike in Nevada history. Men of wealth and power entered the region to consolidate the mines and reinvest their profits into the infrastructure of the town of Tonopah. Geo ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Southern Nevada
Southern Nevada (SNV) is a region and the southern portion of the U.S. state of Nevada which includes the Las Vegas Valley. It also includes the areas in and around Pahrump and Pioche. Tonopah and Hawthorne are sometimes also referred to as part of Southern Nevada, but all organizations based in the Las Vegas area, such as the Southern Nevada Health District, effectively limit the term to the Las Vegas Valley. Geographically, parts of Southern Nevada are within the Mojave Desert. The population of the region, as measured by the 2000 U.S. Census, is 1,432,004, though the Las Vegas Valley has now increased to over 2,000,000 itself. Over time and influenced by climate change, droughts in Southern Nevada have been increasing in frequency and severity, putting a further strain on Las Vegas's and Southern Nevada’s water security. Economy The primary drivers of the Southern Nevada economy have been the confluence of tourism, gaming and conventions which in turn feed the retail and di ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Reno
Reno ( ) is a city in the northwest section of the U.S. state of Nevada, along the Nevada-California border, about north from Lake Tahoe, known as "The Biggest Little City in the World". Known for its casino and tourism industry, Reno is the county seat and largest city of Washoe County, Nevada, Washoe County and sits in the High Eastern Sierra foothills, in the Truckee River valley, on the eastern side of the Sierra Nevada. The Reno metro area (along with the neighboring city Sparks, Nevada, Sparks) occupies a valley colloquially known as the Truckee Meadows which because of large-scale investments from Greater Seattle and San Francisco Bay Area companies such as Amazon (company), Amazon, Tesla, Inc., Tesla, Panasonic, Microsoft, Apple Inc., Apple, and Google has become a new list of technology centers, major technology center in the United States. The city is named after Civil War Union Major General Jesse L. Reno, who was killed in action during the American Civil War at the ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Silver State Bank
Silver State Bank was a failed Nevada commercial bank with 17 branches in the Las Vegas and Phoenix metropolitan areas and loan operations across the western United States. The bank's assets were acquired by Zions Bancorporation, a bank holding corporation with $2 billion in assets. History Silver State Bank was a community bank founded in 1996 operating in the Las Vegas metropolitan area. On September 5, 2006, Silver State Bancorp, the bank's holding company, acquired Choice Bank in the Phoenix/Scottsdale region of Arizona, and merged operations in 2008. Failure On September 5, 2008, the bank was closed by the Nevada Financial Institutions Division and placed under Federal Deposit Insurance Corporation (FDIC) receivership. Nonbrokered FDIC-insured accounts in Nevada were transferred to Nevada State Bank, while those in Arizona were transferred to National Bank of Arizona, both of which are operating subsidiaries of Zions Bancorporation. The bank was the 11th insured commercial b ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]