Business Bank of Nevada Branch Manager Tom Powers Reaches Milestone in His Career; Celebrates 50 Years in Banking

    LAS VEGAS, Dec. 15 /PRNewswire-FirstCall/ -- Business Bank of Nevada
 (OTC Bulletin Board:   BBNV) today announced that Tom Powers, vice president and
 branch relationship manager of the Bank's Tropicana branch in Las Vegas, has
 reached a significant milestone in his banking career.  This month, Powers
 celebrates his 50th year in banking, which he began as a field collector with
 Universal C.I.T. Credit Corporation in New York City in 1954.  (For an image
 of Tom Powers, go to http://www.bbnv.com/tpowers.htm.)
      (Logo:  http://www.newscom.com/cgi-bin/prnh/20021018/BBNVLOGO)
     A native of New York, Powers worked for C.I.T. for eight years before
 taking a position with Philadelphia National Bank.  After working for another
 eight years with this bank, Powers and his family relocated to Las Vegas in
 1971.  Upon arriving in Las Vegas, Powers began serving as a branch manager
 for Pioneer Citizens Bank, which was eventually acquired by Nevada State Bank.
 His total length of service for Pioneer Citizens Bank, which was split into
 two timeframes, was 12 years.  Powers also worked for First Western Savings
 Association, the old Valley Bank of Nevada, Continental National Bank, and
 Bank of America Nevada.
     "Tom is truly a banking icon in southern Nevada, and someone the entire
 industry knows and respects both as a person and as a highly qualified
 banker," said John Guedry, president and CEO of Business Bank of Nevada.
 "There are very few bankers who have seen most, if not all, of the changes our
 industry has gone through over the last three decades.  Tom has seen all of
 the mergers and acquisitions, the formation of dozens of community banks,
 numerous regulatory changes, personnel shifts, and much more."
     Guedry added that Tom has certainly developed a strong following of
 customers during his tenure in banking who appreciate his old fashioned
 approach to banking, which is treating his clients with respect and dignity.
 "Tom's vast knowledge and understanding of the industry also endears his
 customer to him.  His customers like dealing with someone who's been around
 the block a few times, and who will deal with them with the utmost honesty and
 integrity."
     During Powers illustrious career, he has held virtually every position
 imaginable.  He has served as branch manager, loan officer, business
 development officer, regional credit manager, fraud investigator, equipment
 lending officer, credit card manager, and liaison with Ford Motor Credit
 Company, consumer lending officer, and more.  According to Powers, the most
 rewarding part of his career are all of the people he's met and the wonderful
 friendships he's developed over the past 50 years.
     "I have been very blessed to work with some of the most wonderful people
 throughout my career, and especially here in the Las Vegas area," Powers said.
 "I've spent the better part of my career in southern Nevada and have grown to
 enjoy this area very much.  There's no other area in the country that offers
 the professional and personal benefits that this area provides."
     Powers added that while he hasn't thought about retiring yet, he does
 wonder what retirement will be like following a lengthy career in banking.  He
 says when that day does come, he expects to spend more time with his family,
 especially grandchildren, fishing and traveling.
     Powers graduated from the La Salle Military Academy in 1951, and upon
 graduation enlisted in the Army for three years.  He served in the 40th
 Infantry Division as a Platoon Sergeant during the Korean War.  Powers
 received three Battle Stars and a Combat Infantry Badge.  After an honorable
 discharge, Powers attended Seton Hall University.
     Powers received three certifications from the National Consumer Compliance
 School of Banking at the University of Oklahoma's American Institute of
 Banking (AIB).  Throughout his banking career in Las Vegas, Powers has taught
 numerous AIB banking courses at the Clark County Community College, which is
 now the Community College of Southern Nevada.  He's also been very active in
 the community serving on a number of trade and nonprofit organizations,
 including the Las Vegas, North Las Vegas and Asian Chambers, Rotary, United
 Way of Southern Nevada, and many more.
 
     About Business Bank
     Business Bank, with $374.5 million in total assets as of September 30,
 2004, is in its tenth year of operation and is one of the fastest-growing
 independent banks in Nevada.  The Bank has six branch offices in the state,
 with three in the Las Vegas area, one in Reno, one in Carson City, and one in
 Minden.  The Bank also has a Loan Production Office (LPO) at Stateline in
 South Lake Tahoe.  Business Bank is FDIC Insured and is a member of the
 Federal Reserve Bank of San Francisco.  Its stock is listed on the Over The
 Counter Bulletin Board (OTCBB) at ticker symbol BBNV.  Additional information
 about Business Bank is available on the Bank's Web site at www.bbnv.com.
 
      Contact:   Paul C. Stowell
                 702-952-4415
                 pstowell@bbnv.com
 
 Available Topic Expert(s): For information on the listed expert(s), click
 appropriate link.
 John Guedry
 http://www.profnet.com/ud_public.jsp?userid=423639
 
 

SOURCE Business Bank of Nevada

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.