McCain's son resigns from two Boards of Directors
Andrew K. McCain, son of Arizona senator and GOP presidential candidate John McCain, has resigned two high posts in the banking industry.
McCain stepped down from the boards of Silver State Bancorp and Silver State Bank of southern Nevada for "personal reasons," the Las Vegas Review-Journal reported. Silver State would not comment further.
McCain had served on the board of Silver State Bank, originally Choice Bank, and Silver State Bancorp since February 2008, having been a director with Choice Bank starting in 2006.
McCain's current posts include Vice President and CFO of Hensley & Company, the beer distributorship which his stepmother Cindy chairs, and chairman-elect of the Greater Phoenix Chamber of Commerce.
Shares of Silver State Bancorp, of which Andrew McCain owns 1,226, closed at $1.28 a share on Friday. The stock's 52-week high on Nasdaq (symbol SSBX) is $24.10.