Bank with Pahrump ties recognized for its accomplishments
Meadows Bank, with a branch in Pahrump, was recognized by S&P Global Market Intelligence as the sixth best-performing community bank, out of roughly 5,400 banks with under $1 billion in assets for 2016.
“Our bank ran to the community during the great recession instead of running away from it,” said William Bullard, chairman of Meadows Bank.
“We helped small businesses survive and then thrive when others, including banks, folded under mounting pressure. We are an integral part of the community, supporting mom and pop shops and pride ourself on being a homegrown local bank specializing in small business administration lending.”
As of December 31, 2016, the Las-Vegas based bank had $656.5 million in assets, $547.6 million in deposits and a 23.3 percent loan growth rate for the year. Founded in 2007 and chartered in 2008, the bank operates six retail branches in Nevada, including in Pahrump at 3250 South Highway 160, Suite 3.
Meadows Bank also has SBA loan production offices in Texas, Colorado, Utah, Washington and California.
For more information on the bank and its products and services, visit www.meadowsbank.
