Nevada State Bank
| Division | |
| Industry | Finance |
| Founded | 1959 |
| Headquarters | Las Vegas, Nevada, United States |
|
Key people
|
Dallas Haun, Chairman Terry Shirey, President and CEO |
| Products | Checking accounts, savings accounts, loans, credit cards, mortgages, online banking, private banking, SBA and other business loans |
|
Number of employees
|
800 |
| Parent | ZB, N.A. |
| Website | nsbank.com |
Established in Las Vegas in 1959, Nevada State Bank has 50 branches in 20 communities across the state, and employs more than 800 people. It offers a complete range of consumer, business and private banking services. It is a division of ZB,N.A., (Member FDIC) which operates in nearly 500 local financial centers across 11 Western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. ZB, N.A.'s parent company is Zions Bancorporation, which is included in the S&P 500 and the NASDAQ Financial 100 indices (NASDAQ: ZION).
Nevada State Bank first opened for business on December 9, 1959. The bank was organized by a group of 12 business owners, with Charles Lee Horsey Jr. serving as President. The organizing group sold 24,000 shares of stock to local people at $31.25 per share. This gave them $600,000 to put into capital and $150,000 for surplus and reserves. The bank received its official state charter on January 5, 1960. It operated out of one location in downtown Las Vegas until 1974, when it opened its first satellite branch.
1968 - Reddi Reserve account introduced, giving customers the ability to use a line of credit to cover overdrafts in their checking accounts.
1983 - Eight Docutel Automatic Teller Machines (ATMs) are purchased and installed. The “NSB Money Machine” card is introduced to customers.
1984 - The bank has a total of five branches and 269 employees.
1985 - Nevada State Bank is purchased by Zions Bancorporation and operates as an autonomous subsidiary.
1989 - Nevada State Bank opens the first supermarket bank branch in the state of Nevada.
July 1997 - It acquires five branches in rural Nevada towns: Eureka, Fernley, Tonopah, Lovelock and Wells.
October 1997 - Nevada State Bank purchases Sun State Bank, giving it three new branches in Southern Nevada.
1998 - Nevada State Bank introduces telephone, online and PC banking, offering clients the ability to bank 24 hours a day, seven days a week.
1999 - Nevada State Bank merges with Pioneer Citizens Bank of Nevada, founded in Reno in 1965. This adds six Northern Nevada branches and six Southern Nevada branches, effectively doubling the size of the bank.
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Wikipedia