The Enduring Legacy of First Nebraska Bank: A Bastion of Financial Stability and Community Engagement

A Historical Retrospective

Established in 1869 as Nebraska Savings Bank & Building Association, First Nebraska Bank has played an instrumental role in shaping the financial landscape of Nebraska and the broader Midwest region for over 150 years. The bank has weathered numerous economic storms, including the Great Depression and the 2008 financial crisis, emerging each time with unwavering strength and resilience.

Mission, Vision, and Values

Guided by its unwavering commitment to community banking, First Nebraska Bank's mission is to provide superior financial solutions that foster economic growth and personal prosperity. The bank's core values of integrity, service excellence, innovation, and community engagement serve as the foundation for all its operations.

Vision Statement:

"To be the premier provider of financial services in Nebraska, delivering exceptional value to our customers, employees, and communities."

Core Values:

• Integrity: Maintaining the highest ethical standards and adhering to sound business practices.
• Service Excellence: Exceeding customer expectations through personalized service and innovative solutions.
• Innovation: Embracing technological advancements and continuously improving banking processes.
• Community Engagement: Investing in the communities it serves through financial literacy programs, charitable contributions, and volunteerism.

Financial Performance and Stability

Over the past century, First Nebraska Bank has consistently ranked among the top-performing banks in the United States. According to the Federal Deposit Insurance Corporation (FDIC), the bank's total assets as of December 2022 amounted to $8.9 billion, with $6.9 billion in total deposits. Its Tier 1 capital ratio stood at an impressive 10.78%, well above the regulatory requirement.

Product and Service Offerings

First Nebraska Bank offers a comprehensive suite of financial products and services tailored to meet the diverse needs of its customers, including:

• Personal Banking: Checking and savings accounts, mortgages, personal loans, and credit cards
• Business Banking: Commercial loans, equipment leasing, cash management services, and merchant processing
• Wealth Management: Investment advisory services, estate planning, and trust administration
• Insurance Services: Homeowners, auto, and life insurance through First Nebraska Insurance Group

Community Engagement and Corporate Responsibility

First Nebraska Bank is deeply committed to giving back to the communities it serves. The bank supports numerous charitable organizations and educational institutions through various initiatives, including:

• Community Development Loans: Providing financing to organizations working to improve affordable housing, healthcare access, and economic development.
• Financial Literacy Programs: Offering workshops, seminars, and online resources to promote financial literacy in schools and the community.
• Volunteerism: Encouraging employees to volunteer their time at local charities and non-profit organizations.

In 2022, First Nebraska Bank donated $1.5 million to support various community initiatives, demonstrating its commitment to corporate social responsibility.

Tips and Tricks for Banking with First Nebraska Bank

• Online and Mobile Banking: Take advantage of the bank's user-friendly online and mobile banking platform for convenient account access, bill pay, and mobile check deposit.
• ATM Network: Access over 2,500 ATMs statewide for cash withdrawals and deposits.
• Personal Banker Relationship: Establish a personal relationship with a dedicated banker who can provide tailored financial guidance and support.
• Financial Planning Resources: Utilize the bank's financial planning tools and resources to set and achieve your financial goals.

Pros and Cons of Banking with First Nebraska Bank

Pros:

• Strong financial performance and stability: Backed by over 150 years of experience and consistently high ratings.
• Comprehensive product and service offerings: Meets the diverse needs of both personal and business customers.
• Community-oriented: Actively supports local organizations and initiatives, fostering economic growth and social well-being.
• Excellent customer service: Committed to providing personalized and responsive service to all customers.

Cons:

• Limited branch network: Compared to larger national banks, First Nebraska Bank has a smaller branch presence outside of Nebraska.
• Higher fees for certain services: Some fees, such as overdraft fees and ATM fees, may be higher than those charged by other banks.

Frequently Asked Questions (FAQs)

1. Is First Nebraska Bank FDIC-insured?

Yes, First Nebraska Bank is a member of the Federal Deposit Insurance Corporation (FDIC), which insures deposits up to $250,000 per depositor.

2. What is the bank's routing number?

The routing number for First Nebraska Bank is 102903109.

3. What are the hours of operation for bank branches?

Most First Nebraska Bank branches are open from 9:00 AM to 5:00 PM, Monday through Friday. Some branches may have extended hours or Saturday hours.

4. Can I open an account online?

Yes, you can open an account online through the bank's secure website.

5. Does First Nebraska Bank offer mobile banking?

Yes, the bank offers mobile banking services through its mobile app for iOS and Android devices.

6. How do I contact customer service?

You can contact customer service by phone at (800) 926-2753 or by email at [email protected].

Call to Action

Whether you're a seasoned investor, a first-time homeowner, or a small business owner, First Nebraska Bank is committed to providing you with the financial solutions and support you need to achieve your financial goals. Visit a branch in your community, open an account online, or contact us today to learn more about how we can help you build a brighter financial future.