Business Bank of Nevada Appoints New Officers To Manage Credit and Sales Departments.Business Editors/Banking Writers LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Nev.--(BUSINESS WIRE)--June 5, 2000 Business Bank of Nevada (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BBNV BBNV Business Bank of Nevada ) today announced the appointment of three new executive officers to oversee the bank's credit and sales departments. Mark Phillips has joined Business Bank of Nevada as Executive Vice President/Chief Credit Officer. Phillips will be responsible for management of credit extended to a variety of business clients banking with Business Bank of Nevada. Phillips has more than 30 years experience working in the banking industry, having held various positions with Valley Bank of Nevada, United Bank of Arizona, and Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , where he was recently Senior Vice President/Government Lending Products Manager. The bank also named Judy Crosswhite Senior Vice President/Credit Administration. Crosswhite will oversee the bank's credit activities at all four of Business Bank of Nevada's branches. Prior to joining Business Bank of Nevada, Crosswhite worked for Bank of America as a vice president and commercial lender and also served as a commercial lender for Continental Bank in Chicago. Roger Unger also joined Business Bank of Nevada as Senior Vice President/Director of Marketing and Sales. Previously, Unger worked for Bank of America where he held various positions including corporate, small business and real estate sales. Most recently, Unger served as Vice President and Senior Sales Officer in Bank of America's Small Business Banking Division. Business Bank of Nevada is in its fifth year of operations and is one of the fastest-growing independent commercial banks in the state. It is currently reporting assets in excess of $140 million. Last November, the bank became a member of the Federal Reserve Bank of San Francisco The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington—plus American Samoa, . In December, Business Bank of Nevada opened its fourth branch office in Carson City as it made its first move into Northern Nevada. Plans call for additional branches in Northern Nevada in the near future. Since the Bank's opening, it has continually been recognized as an SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government Preferred Lender by the Federal Small Business Administration. Statements in this news release which express "belief," "intention," "expectation" or "prospects," as well as other statements which are not historical fact, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and involve certain risks and uncertainties. |
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