Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Failed Bank Information for Great Basin Bank of Nevada, Elko, NV

On April 17, 2009, Great Basin Bank of Nevada was closed by the State of Nevada Division of Financial Institutions. The FDIC was named Receiver. Nevada State Bank, Las Vegas, NV acquired all deposit accounts.

The FDIC as Receiver for Great Basin Bank of Nevada, Elko, NV has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on March 8, 2018 and has made all dividend distributions required by law.

Effective July 1, 2018, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status

TERMINATED

Notice of Termination (www.federalregister.gov)

Effective Date: July 1, 2018


Notice of Intent to Terminate (www.federalregister.gov)

Publication Date: March 8, 2018

Dividend Information

Report on dividends paid


Press Release

Official press release

cautionBeware of scams!

Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

caution

Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

ACQUIRING INSTITUTION: NEVADA STATE BANK

About Nevada State Bank

All deposit accounts were transferred to Nevada State Bank, Las Vegas, NV ("assuming institution"). Former Great Basin Bank of Nevada locations reopened as branches of Nevada State Bank.

Your transferred deposits were separately insured from any accounts you may have already had at Nevada State Bank for at least six months after the failure of Great Basin Bank of Nevada.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Nevada State Bank as long as the deposits are not pledged as collateral for loans.

Contacting Nevada State Bank

You can contact Nevada State Bank:

Nevada State Bank
750 E. Warm Springs Rd., 4th floor
Las Vegas, NV 89119

Nevada State Bank (www.nsbank.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF (6.7 Mb)
Agreement between FDIC and acquiring institution

Skip Footer back to content