Staff and board members joined customers in celebrating the bank’s fifth anniversary last year. In name and deed, we aim to be the Bank of Las Vegas.
Perhaps indicative of the bank’s success during the first five years was the need for additional work space. We expanded our offices last year to make room for additional lenders and our new Capitol Wealth Advisors investment executive. This additional staffing will benefit our growth plans for 2008 and beyond.
| Our customers tell us that we are the best bank and are our best source of referrals. |
The success of any business can be judged by its customers. Our customers tell us that we are the best bank and, as a result, they are our best source of referrals. We strive to make every customer feel like they are our only customer.
Convenience is something we know our busy business customers appreciate. In 2007, we offered more depository products that allowed our customers more ease and flexibility in transferring funds. Additionally, the bank’s online banking system saw several upgrades and enhancements last year.
Our board members are another excellent referral source. The addition last year of a board member from the title insurance industry provided the board with additional insight in the local commercial and residential real estate markets. In the second half of 2007, we also added a new residential lending team, which has several years of local market experience.
Our ability to handle several larger loan transactions last year benefited the bank from a growth standpoint, while also enhancing our credibility in the dynamic Las Vegas market as a financial institution that can facilitate these types of transactions.
Involvement with community organizations reaffirms all we do as a business. In 2007, our team was active with many organizations that help improve the quality of life for our area’s less fortunate individuals. Our leadership was evident in coordinating the breast cancer research fundraiser for the Capitol Bancorp affiliate banks in southern Nevada in October. We are also involved with the Nevada chapter of the Society for the Prevention of Cruelty to Animals.
The first five years were a rousing success. We are excited by the possibilities for the next five years when we plan to solidify our status in name and deed as the Bank of Las Vegas.
— Vincent J. Ciminise, President & CEO