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The Bank of Las Vegas' History
The Las Vegas Savings Bank
was founded as a commercial
bank on December 5th 1890.
It was previously a branch
of San Miguel National Bank
and was a savings bank only.
Present at the first meeting
were Henry Goke, W.L. Rosenthal,
Frank Springer, Emanuel Rosenwald,
Harry W. Kelly, E.V. Long,
Wm. Eads and D.T. Hoskins.
The new bank was incorporated with only $30,000 in capital, divided into 3000
shares of stock at $10.00 per share. The first loans of the new bank amounted
to $9,988.30 and were purchase from the original mother bank, San Miguel
National Bank.At first, the new bank was located in a small ofiice in the Crockett Building on Sixth Street, only one block east of its current location. From 1923 to 1925, five of the six banks in Las Vegas closed; the only exception being The Las Vegas Savings Bank. In 1926 the bank moved from its small quarters on Sixth Street to a spacious building at 622 Douglas, the original home of the First National Bank in Las Vegas.
The Bank of Las Vegas is now 116 years old and has become a pillar of strength in the community. We invite you to bank with us, and you will know why we are Las Vegas' premier financial institution. Despite our success, we will never forget that our customers are our most important asset!
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