Mike Jacobson, President and CEO of NebraskaLand National Bank announced today that the Bank has submitted an application to the Office of the Comptroller of the Currency to reopen the branch at the Westfield Shopping Center that has been vacated by Great Western Bank. The lease terms will allow NebraskaLand National Bank to take possession of the property on April 1, 2014, subject to regulatory approval. The plans will include the addition of a new double-faced message center, redesign of the drive-up lanes, and remodeling both inside and outside the existing building.
“When the opportunity was first offered to us, we questioned the need for the additional facility. However, after receiving numerous phone calls and personal requests, it became clear that there was a significant need for a full service banking facility in the Westfield neighborhood. We are happy to become one the newest members of the neighborhood” states Jacobson.
NebraskaLand National Bank was chartered on May 14, 1998. The Bank has grown from the smallest to the largest bank in the market with total assets exceeding $520 million. Once the bank moves into their new headquarters building, they will have branch locations in Original Town and Downtown. The current south branch and Wal-mart branch will be merged into the new headquarters facility.
NebraskaLand National Bank has experienced tremendous growth in its 15 years of service and has not sacrificed their strength or stability. NebraskaLand National Bank maintains a Five-Star Rating from Bauer Financial. The Five-Star Award recognizes the Bank’s continual superior performance and strength. In addition, the Bank received an “excellent financial strength” rating from Weiss Rating, the nation’s leading independent provider of research and analysis for the banking industry. NebraskaLand National Bank earned these distinctions by excelling in key areas including capital, asset quality and profitability.
Although, the Westfield branch will not open until summer of 2014, NebraskaLand National Bank is excited to partner with the Westfield Merchants Association on upcoming events. The Bank will be grilling hotdogs and hamburgers at Westfield Shopping Center for their annual Christmas Kick-off Celebration on Saturday November 23 from 3:00-5:00 p.m. The celebration will include cookie decorating, story time, live reindeer and more.