The Notes: Tuition savings plan available to Nevada families

State opens savings program

Open enrollment for a college tuition savings plan administered by the state of Nevada began last week and will continue through Feb. 28.

“The Nevada Prepaid Tuition program enables parents, grandparents and other family members to lock in future college tuition rates at today’s prices,” Treasurer Kate Marshall said in a release.

The plan allows families to buy college tuition credits at current prices through plans beginning at $36 a month. Payments can be made in a lump sum or over a period of as many as five years.

This year, the number of accounts in the program grew 15 percent after posting an increase of 26 percent in 2010. For more information, visit www.NevadaTreasurer.gov or call 888-477-2667.

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Book drive under way

City National Bank and Barnes & Noble have teamed again for a multistate book drive the two companies started in 2008.

The Holiday Book Drive began Nov. 1 and will run through Jan. 1. To participate, shoppers can purchase and donate a book at 15 Barnes & Noble stores in Nevada, New York, California and Tennessee. City National Bank provides a match for each book donated up to $50,000, and the books will be distributed to area schools.

In Nevada, participating Barnes & Noble stores are at 8915 W. Charleston Blvd., Las Vegas, and 5555 S. Virginia St., Reno.

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Western Liberty CFO departs

Western Liberty Bancorp, holding company for Service1st Bank of Nevada, announced that George Rosenbaum has resigned as chief financial officer to become CEO of another bank. Patricia A. Ochal, current vice president of Western Liberty Bancorp and CFO of Service1st Bank, will serve as interim CFO for Western Liberty.

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