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American Bank of Commerce opens first business bank in North Las Vegas.


NORTH LAS VEGAS North Las Vegas, city (1990 pop. 47,707), Clark co., SE Nev., a residential suburb of Las Vegas; inc. 1946. Tourism is the economic mainstay of this growing suburb. The city's population more than tripled between 1990 and 2003. , Nev.--(BUSINESS WIRE)--Oct. 3, 1996--American Bank of Commerce, Southern Nevada's oldest business bank, recently opened a 4,635-square-foot branch in North Las Vegas.

The branch is the city's first business bank aimed at serving the needs of small- to medium-sized businesses.

``North Las Vegas has a thriving business community,'' said James V James V, king of Scotland
James V, 1512–42, king of Scotland (1513–42), son and successor of James IV. His mother, Margaret Tudor, held the regency until her marriage in 1514 to Archibald Douglas, 6th earl of Angus, when she lost it to John
. Bradham, American Bank of Commerce president and chief executive officer.

``More than 8 million square feet of industrial space and tenant improvements have been constructed in North Las Vegas from January 1989 to July 1996, hundreds of new jobs are being created and the population continues to increase rapidly.''

American Bank of Commerce opened its doors in November 1979 with an asset base of $2 million and 12 employees. Seventeen years later, American Bank of Commerce is the longest-established, independent financial institution in Southern Nevada, boasting $275 million in total assets, five branches, more than 100 employees and some 3,500 customers.

American Bancorp of Nevada, the bank's holding company, is traded on the NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 under the symbol ABCN ABCN American Board of Clinical Neuropsychology .

CONTACT: American Bank of Commerce, North Las Vegas

Bob Olson Bob Olson was an American football player.

His home town was Superior, Wisconsin. He attended Notre Dame where he played linebacker between 1968 and 1969 and became team captain.
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Publication:Business Wire
Date:Oct 3, 1996
Words:187
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