News Topic: Nevada

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Lexicon Bank in Las Vegas, whose chairman was a professional gambler, is actively courting poker players to open deposit accounts for their tournament winnings. ... Read full article

Greater Nevada Credit Union, like a number of community banks, agreed to sell its Paycheck Protection Program loans to avoid navigating the complicated forgiveness process. ... Read full article

The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it’s trying to craft a successful growth strategy while reassuring investors it isn’t ... Read full article

Consolidation activity was ho-hum for most of April before a burst of transactions — and notable ones at that — were announced in the month's final week. ... Read full article

The Montana company agreed to buy Heritage Bancorp for $241 million. ... Read full article

Sens. Kevin Cramer, R-N.D., and Martha McSally, R-Ariz., will fill the two GOP vacancies in the new Congress. ... Read full article

AmeriNational Community Services plans to form an industrial bank in Nevada. ... Read full article

The Los Angeles company will also gain its first branches in Nevada after completing the $467 million acquisition. ... Read full article

A group in North Carolina has finally gone public with its brand, and three other de novos have already been rebranded. ... Read full article

While optimistic about the economy, bankers at this year's ICBA convention are still concerned about credit unions and other nonbanks, the role of technology, weakness in the agricultural sector and succession planning. ... Read full article

With substantial regulatory relief within reach, community bankers should use their clout to shape cybersecurity policy and ensure a level playing field for banks and nonbanks, retiring ICBA chief Cam Fine says. ... Read full article

Its small, locally owned banks were as decimated after the crisis as in any big city. But community bankers say changes to the economy and their lending practices offer them a shot at challenging the big banks that dominate their market. ... Read full article

Organizers of Sterling Bank have filed an application with the FDIC and have set a $20 million capital target. ... Read full article

Attorney General Jeff Sessions’ decision to rescind an Obama-era directive that helped foster the marijuana sector’s growth raises new risks for banks and credit unions that do business with growers and dispensaries. ... Read full article

Clearinghouse CDFI will use funds from the $2 million investment to support affordable-housing and economic-development projects in communities and Native American reservations in California, Nevada and Arizona. ... Read full article

Here's a look at the 12 housing markets with the largest percentages of mortgages over $500,000 — the new threshold House Republicans have proposed for the mortgage interest deduction in their tax plan. ... Read full article