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COPYRIGHT 2004 Las Vegas Review-Journal
BYLINE: JOHN G. EDWARDS, REVIEW-JOURNAL
Bill Ferguson, a former executive with Las Vegas financial institutions, is leading efforts to establish Nevada Citizens Bank and to capitalize it with $10 million.
The group has received approval from state regulators to organize the bank, but it also will need final approval from the Nevada Financial Institutions Division and federal regulators in order to open for business.
Some bankers, who spoke on the condition of anonymity, say Southern Nevada is "overbanked." Since 2000, seven new banks have e received state charters to operate...
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