Nevada State Bank

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Nevada State Bank
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
Parent ZB, N.A.

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.[1]

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.

2002 - Nevada State Bank introduces Internet bill pay, one of the first banks in the country to offer this service free of charge to non-business clients.

2004 - The bank introduces Reddi-Check, a service that creates images of cleared checks. Clients gain the ability to view images of cleared checks and deposit slips online.

2005 - Nevada State Bank is the first bank in the state to offer Remote Deposits, enabling companies to scan checks electronically, from anywhere at any time, instead of going to the bank.

January 2006 - The Nevada quarter is launched in a special ceremony on the steps of the Nevada Capitol, as part of the U.S. Mint’s 50 State Quarters Program. Nevada State Bank is the first bank to offer the quarter to the general public as the official “Bank of the Nevada Quarter Launch.”

September 2008 - Nevada State Bank is selected by the Federal Deposit Insurance Corporation (FDIC) to assume the insured deposits of Silver State Bank.[2]

April 2009 - Nevada State Bank acquires the banking operations of Great Basin Bank of Nevada in a transaction facilitated by the FDIC.[3]

August 2009 - Nevada State Bank is chosen to assist the FDIC by acting as Payout Agent in the resolution of Community Bank of Nevada, which was closed by the Nevada Financial Institutions Division.[4]

2010 - website launches, and Nevada State Bank joins social media with a Facebook page and Twitter account.

2011 - Nevada State Bank launches Mobile Banking and Bill Pay.

2011 - Nevada State Bank rolls out "Smart ATMs" that allow clients to deposit cash and checks without deposit slips or envelopes.

2014 - Nevada State Bank launches Mobile Deposit Capture, allowing clients to deposit checks by uploading images of the checks using a mobile phone app.

December 31, 2015 - With the consolidation of Zions Bancorporation affiliates’ charters into a single charter, Nevada State Bank becomes a division of ZB, N.A., whose parent company is Zions Bancorporation.

Products and services[edit]

Nevada State Bank is organized into five lines of business, each one serving a different client segment.

The retail line serves individual consumers and micro-businesses, through 50 branches in 20 communities throughout Nevada. It also operates an online and mobile banking platform that enables clients to bank from any location with Internet access. The retail line offers a full range of financial services products, including checking and savings accounts, loans and lines of credit, credit cards, and mortgages.

Small business banking offers a full range of business services to small business owners and entrepreneurs, including cash management, Small Business Administration (SBA) loans and account analysis.

Corporate banking serves larger business clients with customized banking, special financial services packages and relationship managers who act as liaisons between the client and the bank.

The real estate line provides residential and commercial construction loans and term loans of all sizes.

Professional banking is designed for busy professionals who have attained a significant level of wealth. Professional banking clients are assigned a dedicated relationship manager to assist them with their banking needs.

The Private Bank by Nevada State Bank is an unincorporated division of Nevada State Bank that provides specialized banking services to high net-worth clients.

The Zions Bancorporation relationship[edit]

Nevada State Bank was an autonomous subsidiary of Zions Bancorporation from 1985 until December 31, 2015, when it became a division of ZB, N.A. ZB, N.A. 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 NASDAQ Financial 100 indices (NASDAQ: ZION). For more information about Zions Bancorporation, see

Community Reinvestment[edit]

In a recent audit by the FDIC, Nevada State Bank received an Outstanding rating for its activities supporting the federal Community Reinvestment Act.

The CRA (Community Reinvestment Act)/Community Development Department of Nevada State Bank is committed to promoting and improving our Nevada community. This key commitment is exemplified through our community partnerships, our focus on affordable housing for low-to-moderate income individuals, our charitable contribution programs, our employee volunteerism, our advocacy of financial education, and our loan and grant programs targeted to improve the quality of the lives of Nevada residents.

The "Banking on Your Future" program provides young adults with basic financial information, including banking, credit, identity theft, apartment rental contracts, and employment. Nevada State Bank also partners with and supports the financial literacy efforts of Junior Achievement and the American Banker Association's "Get Smart About Credit" and "Teach Children to Save" programs.

In Southern Nevada, Nevada State Bank partners with the United Way VITA, Financial Guidance Center and the Internal Revenue Service to provide free tax service and electronic filing for low-to-moderate income individuals and families.

The Bank’s Fresh Start Checking product is geared toward individuals who have had their checking account (at any financial institution) closed because they did not know how to reconcile or maintain the account. The program, which includes instruction on account maintenance, gives a vital second chance to people who would otherwise be excluded from access to bank checking services.

Online and social media presence[edit]

In addition to its web site,, Nevada State Bank sponsors, a website that serves as a free clearinghouse and resource center for small businesses and entrepreneurs, including links to webinars, articles, blogs, and other resources designed to provide businesses with the information they need. also contains links to the annual Nevada Small Business Survey, which provides a snapshot of trends and concerns identified by Nevada business owners and managers, along with their insights and outlook on the state’s economy.

Nevada State Bank offers resources especially designed to serve the needs of family-owned businesses. At, owners and managers can find links to newsletters and webinars with helpful advice for their family-owned business.

Nevada State Bank’s Two Cents blog ( features resources for consumers, including information about money management, retirement planning, fraud prevention, and other topics of interest.

Nevada State Bank also maintains a presence on Facebook, Twitter and LinkedIn.


External links[edit]