Schwab wants a bank in Reno |

Schwab wants a bank in Reno

Charles Schwab & Co, the brokerage

company, seeks approval, to open a national

bank based in Reno.

The company in June filed an application

for the bank with the U.S.

Comptroller of the Currency.

Schwab has signed a long term lease

on 13,000 square feet of office space at

5190 Neil Road for a small retail bank

branch and a separate back office administration

function, said Ken Stark, partner

and office property specialist at NAI

Hale Day Gallagher Co.

Stark represented Schwab in the lease