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1 star rating based on 1 review.

Nevada State Bank

Nevada State Bank Locations
PO Box 990
Las Vegas, NV 89125
(702) 383-0009
www.nsbank.com



Nevada State Bank is headquartered in Las Vegas and is the 4th largest bank in the state of Nevada. It is also the 185th largest bank in the nation. It was established in 1959 and as of September of 2011, it had grown to 813 employees at 53 locations. Nevada State Bank has a 5-star health rating.

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5.51% 12-Month CD at Nevada State Bank - 7/3/2007

Nevada State Bank is offering a 5.51% APY 12-month certificate of deposit. The minimum deposit is $1,000. See rate table for more details.Branches are located throughout Nevada including the cities of Las Vegas, Boulder City, Carson City and Reno. The...



See Rates for: Checking | Savings | Money Market | CD | IRA

Nevada State Bank Checking Account Rates

ApyMinMaxProduct
0.10%$25k-Relationship Checking

Nevada State Bank Savings Account Rates

ApyMinMaxProduct
0.05%--Classic Savings

Nevada State Bank Money Market Rates

ApyMinMaxProduct
0.35%$1m-Relationship Money Market
0.20%$500k-Non-Relationship Money Market

Nevada State Bank CD Rates

ApyMinMaxProduct
0.50%$1m-Ultimate CD
0.50%$1k-Relationship 2 Year CD
0.45%$1k-Relationship 18 Month CD
0.40%$1k-Relationship 1 Year CD
0.15%$1k-Relationship 6 Month CD
0.10%$1k-Relationship 90 Day CD
0.05%$1k-Relationship 30 Day CD
0.05%$1k-Relationship 7 Day CD
0.05%$1k-Non-Relationship 7 Day CD
0.05%$1k-Non-Relationship 30 Day CD
0.05%$1k-Non-Relationship 90 Day CD
0.05%$1k-Non-Relationship 6 Month CD
0.05%$1k-Non-Relationship 1 Year CD
0.05%$1k-Non-Relationship 18 Month CD
0.05%$1k-Non-Relationship 2 Year CD

Nevada State Bank IRA Rates

ApyMinMaxProduct
0.50%$1m-Ultimate CESA
0.50%$1k-Relationship 2 Year CESA
0.50%$1m-Ultimate Roth IRA
0.50%$1k-Relationship 2 Year Roth IRA
0.50%$1m-Ultimate IRA
0.50%$1k-Relationship 2 Year IRA
0.45%$1k-Relationship 18 Month CESA
0.45%$1k-Relationship 18 Month Roth IRA
0.45%$1k-Relationship 18 Month IRA
0.40%$1k-Relationship 1 Year CESA
0.40%$1k-Relationship 1 Year Roth IRA
0.40%$1k-Relationship 1 Year IRA
0.15%$1k-Relationship 6 Month CESA
0.15%$1k-Relationship 6 Month Roth IRA
0.15%$1k-Relationship 6 Month IRA
0.05%$1k-Non-Relationship 6 Month CESA
0.05%$1k-Non-Relationship 1 Year CESA
0.05%$1k-Non-Relationship 18 Month CESA
0.05%$1k-Non-Relationship 2 Year CESA
0.05%$1k-Non-Relationship 6 Month Roth IRA
0.05%$1k-Non-Relationship 1 Year Roth IRA
0.05%$1k-Non-Relationship 18 Month Roth IRA
0.05%$1k-Non-Relationship 2 Year Roth IRA
0.05%$1k-Non-Relationship 6 Month IRA
0.05%$1k-Non-Relationship 1 Year IRA
0.05%$1k-Non-Relationship 18 Month IRA
0.05%$1k-Non-Relationship 2 Year IRA

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


Nevada State Bank
FDIC Certificate #18113
BankRate ReportView
Year Established1959
Employees813
Primary RegulatorFDIC

Assets and Liabilities

Assets$4.24 billion
Loans$2.19 billion
Deposits$3.60 billion
Equity Capital$622.50 million
Loan Loss Allowance$146.07 million
Unbacked Noncurrent Loans$87.26 million
Real Estate Owned$28.79 million

Historic Data - September 2010

Assets$4.04 billion
Equity Capital$604.58 million
Loan Loss Allowance$246.45 million
Unbacked Noncurrent Loans$271.64 million
Real Estate Owned$20.25 million

Profit Margin - Quarterly

Net Interest Margin3.59%
Return on Assets1.2%
Return on Equity8.36%
Interest Income$109.73 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio3
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Nevada State Bank had $116.06 million in non-current loans and owned real-estate with $768.57 million in equity and loan loss allowances on hand to cover it. This gives Nevada State Bank a Texas Ratio of 15.10% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Nevada State Bank decreased significantly from 36.24% as of September 30, 2010 to 15.10% as of September 30, 2011, resulting in a positive change of 58.33%.This indicates that the balance sheet and financial strength for Nevada State Bank has improved significantly in recent periods.
Deposit Growth5
In the past year, Nevada State Bank has increased its total deposits by $183.17 million, resulting in 5.37% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Nevada State Bank has shown is excellent.
Capitalization5
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Nevada State Bank has $4.24 billion in assets with $768.57 million in equity, resulting in a capitalization level of 18.13%, which is excellent.
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Customer Service
1 stars - mover - Wednesday, September 28, 2011 - 6:37 PM

If you open any accounts be very careful that when they tell you its done you may find out that its not have a checking and saving account the saving I was told would cover any overdraft and the account I was told was set that way. Well turns out its not after calling customer service speaking to a rep and her supervisor was told nope end of discussion. I needed to go to the branch that I opened the accounts did was told nope they are not you must have forgot yep the entire problem was me not that maybe I was not told that I needed to make the saving joint so they could be linked.naw they do not make any mistakes only the customers. Final word from all 3 including the branch was it was my mistake period if I don't like it to bad or move to another bank. That is what they call customer service  !

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