AN INDEPENDENT LAS VEGAS JOURNALTHE PEOPLE FILES
ARGENT
BANKING & FINANCE

E. Parry Thomas

The banker behind the expansion

Casino lending, corporate ownership and university land connect Thomas’s banking career to the growth of the Strip and the city around it.

Period explored: 1950s–2000sFounding Generation · Resort Revolution3 reading-room sourcesReviewed October 2, 2026
01 / THE STORY

Learning to lend to casinos

Thomas joined the Bank of Las Vegas in 1954. UNLV dates his first casino loan to the following year: $750,000 for a Sahara expansion. Other lenders were wary of gaming risk and organized-crime associations. His willingness to evaluate casino businesses opened an important source of capital. [1]

02 / THE STORY

Changing the rules of ownership

He became bank president in 1961 and advocated the corporate gaming legislation of 1967 and 1969. His financing history also included facilitating Teamsters pension loans. These different sources of money belong in the same account of how resorts expanded. [1]

03 / THE STORY

A bank partnership becomes a campus

Thomas and Jerry Mack helped secure land for UNLV’s expansion. Their support extended to the arena that opened in 1983 and to later legal education facilities. The university’s remembrance makes the campus, as well as the casinos, a central part of Thomas’s legacy. [2]

04 / THE STORY

Follow the financing

The Sun’s 2016 obituary traces his relationship with Steve Wynn and the growth of the banking business. Read it alongside UNLV’s institutional account: one emphasizes the businessman’s network, while the other records what his support made possible on campus. [3] [2]

THE CHRONOLOGY

Key dates

  1. 1954

    Joins the Bank of Las Vegas. [1]

  2. 1955

    Makes the Sahara expansion loan. [1]

  3. 1961

    Becomes bank president. [1]

  4. 1983

    The Thomas & Mack Center opens. [2]

  5. 1992

    Bank of America acquires Valley Bank. [1]

  6. 2016

    Dies at age 95. [2]

FOLLOW THE CONNECTIONS

People in the same story

FROM ARGENT’S COLLECTION

In the archive

9 matching entries in the saved collection.

THE READING ROOM

Go deeper into the record.

Sources for this profile and starting points for further research. Access notes mark links we could not open directly during the October 3–4, 2026 checks. Historical accounts describe their own period; they do not necessarily describe current operations.

  1. 1

    UNLV · Lee Business School · Institutional biography

    E. Parry ThomasPeople: E. Parry Thomas

    UNLV pages differ on the year of the Valley Bank merger; that date is not used here.

  2. 2
  3. 3

    Las Vegas Sun · Reporting · August 26, 2016

    Las Vegas business icon E. Parry Thomas dies at 95People: E. Parry Thomas

    Subscription or access restrictions may apply. Access check: Oct 4, 2026. Search for this source (search results)