24 October 2013
President’s Letter: Giving Back to Our Communities

Philanthropy aligns with one of the Core Values of Nevada State Bank: Community.  Since 1959, our philosophy has been to give back to the communities we serve, whether funding school breakfasts in Elko, contributing to our local universities, or funding smaller projects for local non-profit groups.  Through our Community Reinvestment Act (CRA) department, Nevada State Bank focuses on financial education, as well as affordable housing and loan programs for low-to-moderate income individuals.

An important component of our corporate philanthropy is encouraging colleagues, from top executives to part-time tellers, to volunteer their time.  Many of our executives serve on boards and committees for non-profits, such as the American Heart Association, Las Vegas Rescue Mission, Junior Achievement, American Red Cross and the Nevada Women’s Fund.  Especially at this time of year, colleagues across the state are volunteering to help community organizations — serving meals to the homeless, collecting food and clothing for those less fortunate, teaching financial education classes, and much more.

Like many organizations, the Bank realizes that being a great community partner is good for business.  For example, it helps develop teamwork among employees, promotes a culture of caring for others, and potentially generates positive publicity for the company. But in most instances, the benefits aren’t monetary. Sometimes the best business benefit is going home knowing that you’ve done the right thing.

I’d like to encourage business owners and executives to get your companies involved with some kind of community activity this fall.  In support of this initiative, Nevada State Bank is sponsoring a free webinar on November 14 to explain some of the benefits of corporate philanthropy, as well as how to go about choosing the right projects and partners for your company.  To learn more or register, please visit www.nsbank.com/webinar.

Best Regards,

Dallas Haun

President & CEO

Nevada State Bank

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