Business Bank of Nevada Hires Experienced Commercial Real Estate Lender for the Las Vegas Market.Business Editors LAS VEGAS--(BUSINESS WIRE)--Aug. 20, 2002 Business Bank of Nevada (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BBNV BBNV Business Bank of Nevada ) today announced that it has hired Anthony Lara as a commercial lender Whilst nearly all lenders offer loans on a commercial basis the term commercial lender has differed meanings around the world.
Lara will be housed in the bank's corporate offices in Las Vegas, which is located at 6085 West Twain Avenue on the southeast corner of Jones Boulevard. As one of two commercial loan officers who specialize in commercial real estate lending for the bank, Lara will be responsible for loan underwriting, relationship and risk management, customer retention and business development of existing and new clients. Lara will work very closely with the bank's other commercial loan officers and branch managers to help underwrite and generate both commercial loans and commercial real estate loans. Lara joins Business Bank from Advance Bank in Lansing, Ill., where he worked for the past three years as a commercial loan officer, and as vice president and commercial loan manager. While working for Advance Bank, Lara directed and managed the activities of a commercial lending team that was responsible for a $120 million commercial loan portfolio. Prior to joining Advance Bank, Lara worked for Civitas Bank in Valparaiso, Ind. for a little over two years as a commercial loan officer and as vice president and retail sales executive. He has also worked for Pullman Bank & Trust Co. in Chicago as vice president and commercial loan officer for approximately one year, and for Mercantile National Bank of Indiana in Hammond, Ind., as an assistant cashier, credit analyst and commercial loan officer for more than 10 years. Lara is a 1985 graduate of Indiana University, Bloomington, Ind., with a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in finance. He has also completed a number of banking courses through the American Institute of Banking (AIB AIB n abbr (BRIT) (= Accident Investigation Bureau) → oficina de investigación de accidentes AIB n abbr (Brit) (= Accident Investigation Bureau) → ) and Omega. About Business Bank Business Bank, with over $225.5 million in total assets as of June 30, 2002, is in its seventh year of operation and is one of the fastest-growing independent banks in Nevada. The bank has four branch offices in the state, with three in the Las Vegas area and one in Carson City. Business Bank is FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). insured and is 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, . Its stock is listed on the Over The Counter Bulletin Board (OTCBB) at ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors BBNV. Additional information about Business Bank is available at www.bbnv.com. |
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