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Wells Fargo addresses fraudulent accounts

Wells Fargo said it’s reimbursed nearly 3,200 accounts in Nevada suspected of being fraudulently set up, but consumer advocates and lawyers continue to criticize the banking giant from blocking customers’ attempts to file a class-action lawsuit.

Nevada credit unions, community banks battle over lending rules

Nevada credit unions continue to post increases in business loans, hitting $6.4 billion in outstanding loans as of June 30, a figure not seen since 2010, according to the Nevada Credit Union League. The outcome of a lawsuit against the National Credit Union Administration (NCUA) could see that figure rise even higher.

Lenders cautious on new construction loans

Technology has impacted the number of bank branches. Customers can access accounts and services online, and a growing number are using their mobile phones for that purpose. This is decreasing branch demand and putting pressure on banks to reduce their number. Technology has impacted the number of bank branches. Customers can access accounts and services online, and a growing number are using their mobile phones for that purpose. This is decreasing branch demand and putting pressure on banks to reduce their number. Seeing how technology impacts their own retail business, banks have given greater scrutiny to loans for new commercial developments and the refinancing of loans for some shopping centers.