FDIC

A warm winter coat is not something every Northern Nevada family can afford this winter. That’s why, for the second year in a row, First Independent Bank is joining with the Hot August Nights Foundation to help supply warm coats for local children in need.

I acknowledge I have been reluctant to write anything about congressional hopeful Michael Roberson’s campaign of posting damaging documents about Danny Tarkanian because:

The Private Bank by Nevada State Bank released the fifth of its High Net Worth briefings today. The research prepared by local market research firm Applied Analysis estimated that recent changes in federal tax policy could cost Nevada’s high net-worth households as much as $1.8 billion annually. Changes analyzed included those sourced to higher marginal and capital gains tax rates, modifications to the alternative minimum tax, the reintroduction of deduction limitations for wealthy families (Pease limitation), new Medicare taxes and a permanent modification to the estate and gift tax.

LAS VEGAS – The Private Bank by Nevada State Bank released the fourth of its High Net Worth briefings today. The research prepared by local market research firm Applied Analysis was specific to changes in the income and investment portfolios of Nevada’s higher income households during the past several years. The report suggests that Nevada’s higher income households were overly exposed to real estate investment risk prior to the recession and have rapidly shifted assets into low-yield bonds, transaction accounts and certificates of deposit.

From the federal government to the Nevada Legislature, many small business owners are wondering how new laws and government regulations may affect them in 2013. They can find out for themselves on Thursday, Jan. 31, at 9 a.m. PST, when NevadaSmallBusiness.com, in association with Nevada State Bank, presents “Insights: Impact of New Regulations on Small Business,” a free interactive Web event featuring a panel of Nevada experts.

LAS VEGAS – Nevadans with a net worth of more than $1 million make up only 0.2 percent of the state’s population but account for more than 27 percent of its reported charitable contributions, according to a report from The Private Bank by Nevada State Bank.

The third in the bank’s series of monthly reports prepared in conjunction with local market research firm Applied Analysis focused on charitable giving by Nevadans with a household net worth of at least $1 million.

Many people use social media to stay connected, but Nevada State Bank is using it to give away $20,000 to three Nevada public schools.

Nevada State Bank believes in the importance of education and the difference it makes in the community. The bank continually strives to volunteer and invest in the future of the state’s children. Now, Nevada State Bank is asking for the public’s help.

CARSON CITY – Gov. Brian Sandoval has appointed Las Vegas financial adviser Ken Wiles to the Economic Forum, a panel of mostly private citizen fiscal experts charged with making tax revenue projections for the state.

(U.S. Department of Justice Press Release)
WASHINGTON – Teresa Kelly, a former operations supervisor in Colonial Bank’s Mortgage Warehouse Lending Division (MWLD), pleaded guilty today to conspiring to commit bank, wire and securities fraud for her role in a fraud scheme that contributed to the failures of Colonial Bank and Taylor, Bean & Whitaker (TBW).

Colonial Bank had a branch on Stewart Street in Carson City, that now sits vacant.

Reno-based Nevada Security Bank, with three Reno branches and an administrative office, an Incline Village branch, and a Roseville, Calif., branch were closed Friday by the Nevada Financial Institutions Division, which appointed the Federal Deposit Insurance Corporation as receiver.

Carson River Community Bank, located on Highway 395 next to Home Depot and Target, was declared a failed institution Friday by Nevada state banking regulators and the Federal Depositors Insurance C

Carson River Community Bank in Carson City was closed today by the Nevada Department of Business and Industry, Financial Institutions Division, which appointed the Federal Deposit Insurance Corporatio