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Business Bank of Nevada logo. Business Bank is the sole subsidiary of Business Bank Corporation based in Las Vegas, Nevada. (PRNewsFoto)[JL TC]
LAS VEGAS, NV USA
LAS VEGAS, Dec. 19 /PRNewswire-FirstCall/ -- Business Bank of Nevada
(OTC Bulletin Board: BBNV) today announced that it has once again adopted
several needy families this holiday season through various nonprofit
organizations throughout Nevada. As part of its Annual Holiday Outreach
program, the Bank this year adopted a half dozen needy families through its
community partnerships with HELP of Southern Nevada, St. Albert's Church in
Reno, Friends in Service Helping (F.I.S.H.) in Carson City, and the Food
Closet in Minden/Gardnerville.
The Bank also announced today that it has donated over $1,000 to the Las
Vegas Metropolitan Police Department for benefit of the Pascagoula Police
Department Holiday Outreach Program. This money, along with other monies
raised from the community, went to help the families of police officers
affected by Hurricane Katrina. There were 32 police officers from the Las
Vegas Police Department who went to this area following the devastation caused
by this horrible natural disaster.
"The holidays have become a special time of year for the Bank and our
employees, but this year has been extra special because of the expanded
outreach we were able to provide to needy families both in Nevada and in
Louisiana," said Business Bank President and CEO John Guedry. "We are very
fortunate to live in a prosperous area of the country, and we recognize the
responsibility we have to help make our communities and country be the best
place to live and work."
Guedry added that while the holidays tend to attract more attention for
community giving programs, philanthropic outreach should be a part of every
company's corporate culture throughout the year. The Bank and its employees
were able to purchase every item on the wish lists for its adopted families in
Nevada, which included lots of toys for the kids such as bikes, Gameboys and
dolls, as well as plenty of clothes, food and gift cards.
What began six years ago with just two nonprofit groups in the Las Vegas
and Carson City areas has now grown to six cities and four nonprofit groups
throughout Nevada. During the past year, the Bank has opened or expanded its
branch operations in Reno, Minden, and North Las Vegas.
Business Bank's philanthropic outreach for the year has reached record
levels in monetary donations, in-kind giving and volunteer support. The Bank
has donated approximately $30,000 to qualified nonprofit organizations
throughout Nevada, provided in-kind support of more than $5,000 to various
community groups, and over 12,000 hours of volunteer support to numerous
The Bank contributes financial, in-kind and volunteer assistance to
nonprofit institutions and organizations that enhance the quality of life and
promote public interest where the company conducts its business. The four
main areas of the Bank's philanthropic outreach include education, health and
human services, community development, and arts and culture. Business Bank is
a member of the Business Community Investment Council in Las Vegas.
About Business Bank
Business Bank, with $410 million in total assets as of September 30, 2005,
is in its tenth year of operation and is one of the fastest-growing
independent banks in Nevada. The Bank has seven branch offices in the state,
with three in Las Vegas, one in North Las Vegas, 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 and one in Scottsdale, Arizona.
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,
including five quarters of detailed financial data, is available on the Bank's
Web site at www.bbnv.com.
Contact: Paul C. Stowell
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SOURCE Business Bank of Nevada