Press release article from our research archive:

U.S. Bank Agrees to Assume Leases for Smith's Branches from Nevada State Bank.

LAS VEGAS, Sept. 15 /PRNewswire-FirstCall/ -- In keeping with Nevada State Bank's (NSB) strategy to focus on full-service, freestanding branches, and following its recent acquisition of the insured deposits of the former Silver State Bank, officials from NSB, U.S. Bank and Smith's Food & Drug Centers today announced that U.S. Bank has agreed to assume the leases for 28 NSB branches in Smith's stores statewide.

Today's announcement follows the Sept. 5 announcement that NSB was the successful bidder in acquiring the insured deposits of Henderson, Nevada-based Silver State Bank. With that acquisition, Nevada State Bank became the operator of Silver State's 13 freestanding ...

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