Local News


Layoffs and closures coming to Nevada State Bank

Posted at 12:51 AM, Oct 25, 2019
and last updated 2019-10-25 03:51:52-04

LAS VEGAS (KTNV) — The owner of Nevada State Bank plans to layoff 500 employees and close a few branches.

The Utah-based corporation that owns the bank started notifying employees this week.

There are more than 20 locations in the Las Vegas valley.

Company executives blame the cuts on declining revenue.

it's not clear which branches will close down at this time.