Lexicon Bank Expands Brand with Launch of Government-Guaranteed Lending Division

LAS VEGAS, NV – (August 20, 2025) - Lexicon Bank is excited to announce the expansion of its existing small business lending services to further assist small businesses in gaining access to capital through government-guaranteed lending programs.

The newly formed Lexicon Bank SBA Division will leverage Small Business Administration (SBA) and United States Department of Agriculture (USDA) programs, together with conventional lending options, to help small businesses across Southern Nevada and nationally grow and thrive. The new Division will continue our unwavering commitment to delivering private banking-style concierge service to our business clients, helping them achieve their dreams and financial goals. This expansion includes investing in our team, allowing Lexicon Bank to deliver impactful financial solutions and create new opportunities for growth in every community we serve.

Tony Vahsholtz, SVP, Director of SBA Division, and Tracy Atkinson, VP, SBA Credit & Operations Director, two highly accomplished SBA lending professionals whose combined decades of experience span every facet of government-guaranteed financing, will be leading the new Division. Tony brings a proven track record of building and leading high-performing lending teams, launching successful SBA programs, and delivering growth across multiple markets. Tracy is a nationally recognized SBA credit and operations leader with deep expertise in underwriting, policy creation, risk management, and loan servicing, having developed and led SBA credit and operations teams for both banks and national lending platforms. Together, they will guide Lexicon Bank’s SBA Division with the same service-first, community-focused approach that defines our brand, ensuring businesses in Southern Nevada and nationally have access to exceptional expertise, efficient processes, and flexible capital solutions.

Through this division, entrepreneurs will have access to a wide range of government-backed financing options, including SBA 7(a) loans, SBA 504 loans, SBA Express programs, USDA loans, and more. These programs support a range of needs, from business acquisitions and expansions to working capital, equipment purchases, and commercial real estate acquisitions, providing business owners with the flexible capital they need to achieve their goals.

This expansion of services is a natural evolution of Lexicon’s service model at the right time for our current and future clients. As business owners navigate an evolving economy, the need for accessible, affordable capital is greater than ever. With our expanded capabilities, Lexicon Bank can meet those demands while delivering the service, speed, and expertise we’re known for.

“This expansion reflects our commitment to community-first banking,” said Stacy Watkins, President & CEO of Lexicon Bank. “With Tony and Tracy leading the charge, Lexicon’s SBA Division brings partnership, innovation, and opportunity to small businesses in Southern Nevada and across the nation. When our communities do well, we all do well.”

Our value proposition remains the same: delivering private banking-style concierge service, creating meaningful relationships with our clients, and making a deep investment in the communities where we live and work. This expansion allows us to scale that philosophy into new markets while maintaining our dedication to the Southern Nevada community we proudly call home.

ABOUT LEXICON BANK

Founded in 2019, Lexicon Bank, a wholly-owned subsidiary of Lexicon Bancorp formed in 2023, is Southern Nevada’s community-focused banking partner. Lexicon Bank provides personal, comprehensive banking services to business and individual banking clients, emphasizing creating and nurturing long-term relationships. By providing personalized services to all clients, Lexicon Bank helps to foster Southern Nevada’s economy and community—ultimately helping to grow and develop the region’s local businesses. Lexicon is redefining banking as it should be in Southern Nevada by creating a concierge-like experience for businesses, regardless of 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 and 9 A.M. to 12 P.M on Saturdays. Clients can contact us at 702.780.7700 or online at lexiconbank.com. Follow us on Facebook, Instagram, LinkedIn, and X. Lexicon Bank is a member of the FDIC.