GBank Financial Holdings Inc Announces Appointment of Timothy P. Herbst to Board of Directors

Core Insights - GBank Financial Holdings Inc. has appointed Timothy P. Herbst to its Board of Directors, effective October 28, 2025, bringing extensive executive leadership and industry expertise to the company [1][3]. Company Overview - GBank Financial Holdings Inc. is a bank holding company headquartered in Las Vegas, Nevada, listed on the Nasdaq Capital Market under the symbol "GBFH" [4]. - The company operates a national payment and Gaming FinTech business, serving gaming clients across the U.S. and featuring the GBank Visa Signature® Card tailored for the gaming and sports entertainment markets [4]. - GBank is recognized as a top national SBA lender, operating across 40 states, and has two full-service commercial branches in Las Vegas, Nevada [4]. Leadership Background - Timothy P. Herbst has been with GBank since 2007 and has nearly four decades of experience in executive leadership and entrepreneurship [1][2]. - He is the President of Terrible Herbst Inc., overseeing over 200 gas station and convenience store locations, and also leads Terribles Gaming, which operates approximately 3,000 gaming machines in Nevada [2]. - Herbst has held significant industry roles, including State President of the Nevada Petroleum Marketers Association and Director of Nevada First Bank from 1999 to 2006 [2]. Strategic Importance - The Chairman and CEO of GBank, Edward M. Nigro, emphasized that Herbst's operational leadership and strategic insight will be crucial for strengthening governance and expanding market presence [3]. - Herbst expressed his commitment to supporting the company's continued growth and innovation in his new role [3].