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Bankers and politicians agree: Economy in Nebraska is doing well (PHOTOS: Nebraskaland Bank Groundbreaking)

North Platte (NORTH PLATTE POST)-   Many gathered today at the AB&T Regional Presidential Meeting taking place at the Rivers Edge Golf Club to take part in a presentation by AB&T CEO and Federal Reserve Board Member Todd Adams on Interest Rates and Economic Conditions. The presentation discussed unemployment rates on the rise, cause and effect of American Debt, Ethanol and other points of interest that impact the economy and overall Nebraska’s impressively low unemployment rate. 

During the  presentation Adams said ““In the month of May we created 69,000 New jobs” contributing to the lower unemployment rate. Nebraska and other Mid-Western states have Goods and Services such as Ethanol plants creating jobs and contributing to the growth of the over all economy.

Tuesday also marks the ground breaking of the new location of Nebraskaland Bank in North Platte between Jeffers and Dewey. The citizens, employees, owners and everyone in the community showed up at the new location to show their support for the new bank, featuring the designs of the new building that looks much like the current bank, but larger, and more modern.

Governor Dave Heineman made his presence. I asked him about the his thoughts about our current economy he said:

“The economy in Nebraska is doing very well, you have a new bank expanding, were at the ground breaking, that is a very positive sign. There are a lot of good things happening here in North Platte. We’ve modernized our economic incentive program in the state, we’ve lowered taxes, we balanced our budget by controlling spending, the end result is an unemployment rate that  is the marvel of the rest of the country  were at 3.9%  The 2nd lowest in America. ”

Asked the question about what’s in the future for the economy he replied
 

“I want us to continue to focus on the future growing more jobs, the more jobs we have the more families will have the opportunity to be employed  and they can take care of  their families.  We have a lot of young people that are going to be graduating from a 2 year or 4 year college  they are going to be looking for jobs.” 

I had a chance to talk with President of Nebraskaland Bank Mike Jacobson, congratulating him on the new location. I asked him to share a few words and this is what he had to say

“It’s really been amazing, and it’s been a community effort. I never really dreamed 14 years ago when we opened the bank that we would grow to the size that we are. I knew we had to stay focused to our original mission to have local people making local decisions, and to have local ownership, and if we deliver great service and have great products and do the right thing then maybe we could grow.”

he said then continued:

“We take giving back to the community very seriously”  

After the Ground had been broken into, Nebraskaland Bank served a delicious steak sandwich with all the fixings. This is a great addition to North Platte that both Bankers and Political Leaders can agree.

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