LAS VEGAS, Jan 6, 2022 – The Federal Reserve Bank of San Francisco has announced Lexicon Bank President & CEO Stacy Watkins’ appointment to its Community Depository Institutions Advisory Council (CDIAC). Watkins is one of five new members set to join the Council effective January 1, 2022, and will serve as the council’s sole representative from Nevada.
Ms. Watkins has served as President and Chief Executive Officer of Lexicon Bank since 2020. She has over 28 years of experience in banking, including 25 years spent in management and 18 years in a regional management level position. This achievement is preceded by Watkins’ acceptance earlier this year to the Nevada Forum of the International Women’s Forum where she joins a preeminent roster of just over 100 women in Nevada.
“It’s an incredible honor to be selected to this Council and continue to make an impact within the banking industry,” Watkins said. “I’m incredibly thankful and humbled for the appointment and the opportunities that come with it, especially highlighting Lexicon Bank and the Nevada business community behind it.”
Since joining Lexicon Bank, Watkins has made significant contributions to the Bank’s continued growth and success, including leading efforts to support small businesses and organizations throughout Nevada. As President and CEO, Stacy oversees all facets of Lexicon Bank’s team, client services, operations, commercial lending initiatives, further develops business and community partnerships, and helps build overall awareness in the community. Fueled by her heart for service and the Bank’s commitment to community prosperity, Stacy introduced the Lexicon Bank Community Spotlight program, a monthly initiative that highlights local non-profit organizations that are making a difference in the Southern Nevada community and connects them with banking partners and clients to help support their missions.
Ms. Watkins is a past Chairman of the Board for Junior Achievement of Southern Nevada and currently serves as Co-Chair of the Family Gifts Division. She also proudly serves as a member of the NV Corporate Giving Foundation, Vegas Chamber Executive Women’s Council, Vegas Chamber President’s Club and Nevada Bankers Association. Stacy is a past recipient of Las Vegas Woman Fearless Females, Las Vegas Business Press Women Who Mean Business and Vegas Inc.’s Top 40 Under 40.
The Community Depository Institutions Advisory Council, established in 2010 by the Board of Governors, is a group that represents banks, thrift institutions, and credit unions of various sizes within the Twelfth District. The council provides input to the Bank’s senior management on a variety of topics, including economic and banking conditions, regulatory policies, payment issues and other issues of interest to community depository institutions. Members typically serve three-year terms.
For more information on Ms. Watkins appointment, visit www.frbsf.org.
ABOUT LEXICON BANK
Founded in 2019, Lexicon Bank is Nevada’s community-focused banking partner. Lexicon Bank provides private, personal, comprehensive banking services to business and personal banking clients, placing an emphasis on creating and nurturing a long-term relationship. By providing personalized services to all clients, Lexicon Bank helps to foster Southern Nevada’s economy and community – ultimately helping to grow and develop Las Vegas local businesses. The bank is redefining banking as it should be in the Las Vegas Valley and Southern Nevada by creating a private bank for businesses no matter the size. Lexicon Bank is located in Tivoli Village at 330 S. Rampart Blvd., Suite 150. The bank is open from 9 a.m. to 5 p.m. Monday through Friday, 10 a.m. to 2 p.m. on Saturdays, and can be reached by phone at (702) 780-7700 or online at lexiconbank.com. Lexicon Bank is a member of the Federal Deposit Insurance Corporation (FDIC).