05 September 2014
President’s Letter: Veterans Get a Hand Up

I’m proud to announce that Nevada State Bank has donated a house in Fernley, Nevada to the Northern Nevada Veteran’s Coalition (NNVC), with the help of the Harmon’s Heroes Foundation.  The house will play an integral part in NNVC’s new “Heroes Hand Up” program. 

Our colleague Stephanie Arroyo, a mortgage lender based in Sparks, serves on the NNVC committee in charge of the program.  She explained, “When I was contacted by Brett Palmer, president of NNVC, we agreed that it would be great to give this house to a veteran, but then we wondered if we could use it to help more than one veteran. The Heroes Hand Up program will provide a rent-free home to an unemployed veteran and their family for 9 to 12 months while the veteran finds a job, gets back on their feet financially and attends money management classes.  The goal is that they’ll qualify for a VA loan to purchase a home of their own, and then we’ll start the process all over again with another family.”

On August 19, Stephanie and Nevada State Bank EVP Terry Shirey formally presented NNVC with the keys to the house. At the ceremony, Terry said, “Donating the house is only the beginning of our commitment to northern Nevada veterans.  Our colleagues have pledged to stay involved with the project, not only assisting with the financial literacy program, but also volunteering to help fix up the house for the family. I’m so proud that the whole community is coming together to help our veterans.”

The Fernley Builders Association and other local groups are supplying materials and volunteers to make repairs to the three bedroom, two bath house to get it ready for a veteran’s family to move in.  The NNVC will provide food support, counseling and assistance in finding employment, and Nevada State Bank volunteers will teach the veteran about household budgeting, responsible use of credit and other financial subjects.

“Almost 226,000 veterans live in Nevada, and many of them are in need of assistance from the country they served,” Brett Palmer said. “We hope this is just the beginning for the Heroes Hand Up program, which has the potential to expand throughout the state and help many more veterans who are having financial difficulties.”   

On behalf of Nevada State Bank, I’d like to encourage all Nevadans to support these American heroes. Anyone interested in donating to NNVC or in volunteering to help with the Heroes Hand Up program can contact the agency at 775-980-7227 or visit their website, http://supportnnvc.org/.  





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