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Meadows Bank reports growth in profits, loans, deposits

Meadows Bank president and CEO Arvind Menon (Las Vegas Review-Journal)
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By Eli Segall Las Vegas Review-Journal
February 9, 2018 - 11:14 am
 

Meadows Bank grew its profits, loans and deposits last year, the bank reported this week.

The Las Vegas-based lender, led by CEO Arvind Menon, said it earned $11.9 million in net income in 2017, up 34 percent from the prior year.

It had $682 million in loans on its books at the end of 2017, up 18 percent from a year earlier, and $680 million in deposits, up 24 percent.

Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342. Follow @eli_segall on Twitter.

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