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Failed Bank Information for Nevada Commerce Bank, Las Vegas, NV

On April 8, 2011, Nevada Commerce Bank was closed by the Nevada Department of Business and Industry, Division of Financial Institutions. The FDIC was named Receiver. City National Bank, Los Angeles, CA acquired all deposit accounts.

The FDIC as Receiver for Nevada Commerce Bank, Las Vegas, NV has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on June 24, 2021 and has made all dividend distributions required by law.

Effective October 1, 2021, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status

TERMINATED

Notice of Termination

Effective Date: October 1, 2021


Notice of Intent to Terminate

Publication Date: June 24, 2021

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: CITY NATIONAL BANK

About City National Bank

All deposit accounts, excluding the Cede & Co. deposits, were transferred to City National Bank, Los Angeles, CA ("assuming institution"). Former Nevada Commerce Bank locations reopened as branches of City National Bank.

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

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

Contacting City National Bank

You can contact City National Bank:

City National Bank
555 S. Flower Street
Los Angeles, CA 90071

City National Bank (www.cnb.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF ( 10.28 Mb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank