State Coverage: Nevada
Nevada Sues Lender Processing Services for Foreclosure Fraud
American Banker | Dec 16Attorney General Catherine Cortez Masto alleges that the processor fraudulently notarized 4,000 documents a day and demanded kickbacks from foreclosure attorneys.
First Security in Nevada Lands $14M Capital Infusion
American Banker | Aug 04First Security Bank of Nevada in Las Vegas has received a much-needed capital boost.
Western Liberty Could Pursue Sale as Part of Plan to Maximize Value
American Banker | Jun 22Western Liberty Bancorp in Las Vegas has hired Sandler O'Neil & Partners to search for strategic alternatives, including a possible sale.
Two Community Banks Fail in Illinois and Nevada
American Banker | Apr 10The OCC closed the $187 million-asset Western Springs National Bank and Trust in Illinois Later, state regulators closed the $145 million-asset Nevada Commerce Bank.
With Four Banks Under Order, Capitol's Picture Worsens
American Banker | Mar 29The FDIC said last week it had issued prompt corrective action orders to four of Capitol Bancorp's banks. The directive to each was clear: Raise capital or find a buyer.
Capitol Bancorp Selling 1st Commerce
American Banker | Oct 12As part of its effort to increase capital ratios, Capitol Bancorp said Friday that it had agreed to sell its 1st Commerce Bank subsidiary.
Blank-Check Outfit Closer to Purchase
American Banker | Oct 04Western Liberty Bancorp is one step closer to becoming one of the only blank-check companies to break into banking.
Umpqua Adds Commercial Office in Nevada
American Banker | Sep 22Umpqua Bank said Wednesday that it is opening a commercial banking center in northern Nevada that will be led by a former US Bank commercial banking veteran in that market.
Western Alliance Prices Offering
American Banker | Aug 19Western Alliance Bancorp. on Thursday priced its public offering of 7 million shares at $6.25 a share, an 8.5% discount to Wednesday's closing price.
Chances to Pick Up Failed Banks Dwindling in Nevada
American Banker | Jul 27The opportunities to make bets on failed Nevada banks are dwindling, drawing out-of-state buyers into the market before the game closes.
Year's Failures Top 100 as a Slew of Banks Collapse
American Banker | Jul 23Regulators shut seven banks late Friday, pushing the failure total this year to 103. Though the pace of failures briefly slowed earlier this month, it appears to be picking up ...
With More Capital and Less Sweetener, Western Liberty Changes Service1st Offer
American Banker | Jun 25Seven months after announcing its third attempt to buy a bank, the blank-check company Western Liberty Bancorp has changed the terms of its most recent deal.
Reno-based Nevada Security Bank Fails
American Banker | Jun 20Nevada saw its third failure of the year late Friday, with the collapse of $480 million-asset Nevada Security Bank in Reno.
Failures in Fla., Nev., and Calif., Bring Year's Total to 78
American Banker | May 31Five more banks failed Friday — including the subsidiaries of Bank of Florida Corp. — costing the government an additional $317 million.
CU: Paying Some Folks to Leave
American Banker | Mar 07With rates near all-time lows and costs still rising, it has become so difficult for credit unions to earn a positive spread for their members that Nevada Federal Credit ...
