BANK OPENS BRANCH IN AMARGOSA!

First International Bank in Plano has filed to open three branches in Nevada.

The branches of the bank are planned for areas in southern Nevada where there

has been a lot of real estate investmen in the past few years.

The subsidiary of First International Bancorp Texas has

six branches in the Dallas area and one in Houston.

Applications filed with the Texas Department of Banking say the bank plans to

open offices in Las Vegas, Pahrump, and Amargosa Valley.

The last bank in Amargosa Valley was a Valley Bank of

Nevada office.

Michael DeLee, local real estate broker, says price surges in Las

Vegas and Pahrump have pushed investors farther out, to

the Amargosa Valley where cattle outnumber people 10 to

one. He said that news of the planned branch was well received

locally as being a sign of growth.