Business Bank of Nevada Hires Longtime Nevada Banker as Its New Compliance Manager.Business Editors LAS VEGAS--(BUSINESS WIRE)--March 23, 2001 Business Bank of Nevada today announced that it has hired longtime Nevada banker George Burns Noun 1. George Burns - United States comedian and film actor (1896-1996) Burns, Nathan Birnbaum as senior vice president and manager of its Compliance department. Burns joins Business Bank with more than 20 years of banking experience and becomes a member of the bank's senior management team. As head of Business Bank's Compliance department, Burns will be responsible for bank-wide compliance programs and supporting internal control through research, development, implementation and maintenance of policy and procedure. He will also be responsible for quality control, audit monitoring and training systems to ensure that the bank is in compliance with applicable laws and regulations as well as maintaining operational and audit integrity. "We are extremely pleased to have George join our growing team of very seasoned banking professionals who know and understand what it takes to succeed in the competitive world of banking," said John Guedry, president and chief executive officer of Business Bank of Nevada. "Banking is a highly regulated industry and with the experience George brings to the table, we're confident Business Bank will further enhance itself as the premier business bank in Nevada." Prior to joining Business Bank, Burns worked for Community Bank of Nevada for nearly two years as vice president and manager of Compliance and Internal Control Support. He has also worked for Comstock Bank in Reno, Nev., from 1997 to 1999 as manager of Retail Banking and Central Operations, and manager of Compliance and Internal Control Support. Burns has also worked for a number of other banks in a variety of positions, including 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. in Nevada and Arizona, and Security Pacific Bank Nevada. Burns graduated from the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). at Riverside with a bachelor of arts degree in political science. He is also a graduate of the National Graduate School of Compliance Management and the National Compliance School through the American Bankers Association The American Bankers Association (ABA) is comprised of banks and other financial institutions. It seeks to promote the strength and profitability of the banking industry by Lobbying federal and state governments, building industry consensus on key issues, and providing products and . Burns has completed several courses of study through the American Institute of Banking, including Principles of Banking, Money and Banking, Law and Banking, Loss Prevention, Bankruptcy Law and Analysis of Financial Statements. Burns is a member of several professional associations which include the Nevada Bankers Association, the Bank Administration Institute, the American Institute of Banking and the National Retirement Plans Training Conference. A native of southern California, Burns moved to Nevada in 1979 and began his career in banking in the South Lake Tahoe area of the state. He is married and has one daughter. Business Bank of Nevada, with more than $185 million in total assets, is in its sixth year of operation and is one of the fastest-growing independent banks in the state. The bank has four branch offices in Nevada, with three in the Las Vegas area and one in Carson City. The bank has plans to open additional offices statewide in the near future. 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 over the counter (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). ) 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 BBNV Business Bank of Nevada . For more information about Business Bank and possible career opportunities, visit the bank's Web site at www.bbnv.com. |
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