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May 30, 2012

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Bank to raise $6 million for expansion

Wednesday, April 5, 2000 | 11:29 a.m.

Nevada Community Bancorp plans a second common stock offering to raise capital for its fourth bank in Metropolitan Las Vegas.

The offering is expected to raise $6 million in capital on the sale of 400,000 shares. Nevada Community Bancorp President Tom Mangione said the company is in the process of finding a location for its fourth bank.

In the past year, the holding company opened two bank branches in Las Vegas and one in Henderson.

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