FIRST NATIONAL OF NEBRASKA

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Official Celebration Logo created by an employee of the company
'First National of Nebraska' is an interstate bank holding company based in Omaha, Nebraska. The largest banking subsidiaries are 'First National Bank of Omaha', 'First National of Colorado', 'First National Bank of Kansas' and 'First National Bank South Dakota'. First National Bank of Omaha and its affiliates serve more than 6.6 million customers in all 50 states, with more than 90 banking locations in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas [1].


Contents
History
1850 to 1899
1900 to 1949
1950 to 1999
2000 to present
Ownership
Board of Directors and Executives
'Board of Directors of First National of Nebraska'
Executive Officers of First National of Nebraska
Board of Directors of First National Bank of Omaha
Executives of First National Bank of Omaha
First National of Nebraska Companies
Nebraska
Colorado
Georgia
Illinois
Kansas
South Dakota
Texas
National business rankings
First National Credit Card Center
FNBO Direct
Sponsorships
See also
External links
References

History


First National Bank has a history that parallels that of the city of Omaha and the state of Nebraska.[2]
1850 to 1899

In 1850 a group of settlers from Kanesville, Iowa crossed the Missouri River to picnic in the newly named Nebraska Territory. One of the visitors, Thomas Davis, helped found Omaha when he donates $600 in gold dust for an official charter. He eventually serves on First National Bank's Board of Directors. Two immigrant brothers from Ohio, Herman and Augustus opened Kountze Brothers Bank in 1857. Omaha's first bank opened its doors and started trading primarily in gold dust and buffalo hides. Kountze Brothers Bank receives national charter #209 in 1863. Today theirs is the oldest national bank west of the Missouri River. In 1863 they also began doing business as First National Bank of Omaha and brought in additional investors, including Edward Creighton, who served as president.
In 1883 Herman Kountze speculated on land in North Omaha, eventually developing an affluent Omaha suburb called Kountze Place in the former town of Saratoga. The panic of 1893 sparks the worst depression of the 19th century. In 1895 twelve businessmen from Omaha, including Herman Kountze, started the Knights of Ak-Sar-Ben. Their mission, "to build a more prosperous Heartland, where communities can flourish and every child can succeed," carries on to this day. In 1898 Herman Kountze donated the use of 60 acres of his Kountze Place development for the Trans-Mississippi Exposition, one of the crowning events in Omaha's history. Featuring a lagoon filled with Venetian gondolas, it attracted 2.6 million visitors at a time when Omaha's population was roughly 100,000.
1900 to 1949

In 1913 First National Bank became one of the first banks to specifically target women with a Ladies' Department. Staffed with female tellers in a comfortable and accommodating setting, it helped make banking a mainstream activity for women. During a five-year span ending in 1933, the Great Depression caused more than 750 Nebraska banks to close. On one Saturday in August, skittish depositors begin withdrawing their funds ''en masse'' from Omaha banks. When their requests were met, the banks proved their solvency; if not, the banks faced almost certain collapse. During this period First National Bank extended their hours, honored every withdrawal and proved their financial strength once and for all.
1950 to 1999

Under the visionary leadership of John Lauritzen, in 1953 First National Bank became the first bank in the region and the fifth in the nation to issue their own credit card. It proved to be one of the most innovative and profitable moments in their history, and in 1971 employees start moving into the 22-story First National Center. Attached to a 420-room hotel and a 550-stall parking garage, it became one of the most modern and attractive buildings in the region, providing some much-needed economic development in downtown Omaha.
2000 to present


In 2000 First National Bank designated two parcels of green space for the city of Omaha. They are the future site of two sculpture park called "Spirit of Nebraska's Wilderness" and "Pioneer Courage". Working in tandem, the two sculptures join to make one of the largest bronze sculptures in the world. In 2002 First National Bank completed construction on the First National Tower, the tallest building between Chicago and Denver. With almost a million square feet of office space, it dramatically changed Omaha's skyline. The First National Technology Center is also completed, becoming the first business in the country to utilize hydrogen fuel cells.
Thanks in part to their Child Development Center, in 2002 First National Bank is selected one of "America's Best Companies for Working Mothers" according to ''Working Mother'' magazine, an honor that has been repeated annually. In 2003 First National Bank was named "One of America's Most Admired Companies", as judged by their peers for ''Fortune'' Magazine. FNBO Direct, an online savings account, began operations in 2007[3]. First National was named to IDG's ''Computerworld'' "100 Best Places to work in Information Technology", as well.
More than 150 years after being founded, and in its sixth generation of family leadership, First National Bank is recognized as the largest privately held bank in the country with $18 billion in managed assets.

Ownership


First National of Nebraska is a privately held company. Bruce R. Lauritzen is Chairman of First National of Nebraska, Inc. and First National Bank of Omaha. Mr. Lauritzen is also Chief Executive Officer of the Lauritzen Corporation, a financial and bank holding company owning additional banks in Nebraska and Iowa [4]. The Lauritzen Corporation has an approximate 28% voting share in First National of Nebraska, Inc. [5].

Board of Directors and Executives


The Board of Directors is chaired by Mr. Bruce Lauritzen, whose family owns a controlling interest in the Bank's ultimate holding company. The board of directors comprises family stockholders, independent directors, and members of the management of the Bank and its holding company [6].
'Board of Directors of First National of Nebraska'


★ Bruce R. Lauritzen

★ Daniel K. O'Neill

★ Margaret Lauritzen Dodge

★ Clarkson R. Lauritzen

★ Rajive Johri

★ Dennis A. O'Neal
Executive Officers of First National of Nebraska


★ Bruce Lauritzen, Chairman

★ Daniel O'Neill, President

★ Dennis O'Neal, EVP

★ Rajive Johri, EVP

★ Nick Baxter, SVP and General Counsel

★ Tim Hart, SVP and Treasurer

★ Ken Kucera, SVP and CIO

★ Christian Osborn, SVP

★ David Simmons, SVP

★ Cris Stone, SVP and CCO

★ Mike Summers, SVP and CFO
Board of Directors of First National Bank of Omaha

' (in alphabetical order):'

★ Margaret Dodge

★ William Henry

★ John Irwin

★ Rajive Johri

★ Bruce Lauritzen

★ Clark Lauritzen

★ Dennis O'Neal

★ Dennis O'Neill

★ John Reed
Executives of First National Bank of Omaha


★ Rajive Johri - President, First National Bank Omaha

★ Stephen Eulie - President and Division Head of First National Credit Card Center

★ Walter Douglas - Executive Vice President and Chief Financial Officer

★ Clark Lauritzen - Senior Vice President, Division Head of Investment Banking

★ Stephanie Moline - Executive Vice President, Corporate Banking Group

★ Diana Mehochko - President, First National Merchant Solutions

★ Craig McGarry - Senior Vice President, Division Head of Wealth Management

★ Rolland Johannsen - Senior Vice President, Division Head of Retail Distribution

★ Robin Nakamura - Senior Vice President, eBusiness

★ David Downing - Senior Vice President, Division Head of Centralized Operations

★ Stephen Zubrod - Vice President, Corporate Marketing

★ Mike Foutch - Senior Vice President and Division Head of Human Resources

First National of Nebraska Companies


First National of Nebraska, Inc. has banking locations in six states, one merchant processor, one credit card issuer and several other banking and non-banking companies.
Nebraska


★ '''First National Bank Omaha'''


★ ''Branches located in:'' Omaha, Lincoln, Bellevue, Beatrice, and David City, Nebraska


★ ''Subsidiaries:''



★ First National Bank Southwest ''(see below)''



FNBO Direct



First National Merchant Solutions



★ First National Credit Card Center

★ '''First National Bank Columbus'''


★ ''Branches located in:'' Columbus and Norfolk, Nebraska

★ '''Platte Valley State Bank and Trust Company'''


★ ''Branches located in:'' Kearney and Grand Island, Nebraska

★ '''Fremont National Bank and Trust Company'''


★ ''Branches located in:'' Fremont, Nebraska

★ '''First National Bank North Platte'''


★ ''Branches located in:'' North Platte, Alliance, Chadron, Gering and Scottsbluff, Nebraska

Data Management Products, Inc.

★ First National Buildings, Inc.

First National Information Solutions

First National Investment Banking


★ ''Formally First National Mergers & Acquisitions, First Capital Partners, LLC and First National Capital Markets''

First National Technology Solutions

Gregory's Insurance

International Trade Services

Platinum Recovery Solutions

★ Whitetail Finance Company
Colorado


★ '''First National of Colorado, Inc.'''


★ ''Subsidiaries:''



First National Bank of Colorado




★ ''Branches located in:'' Boulder, Colorado



First National Bank Fort Collins




★ ''Branches located in:'' Fort Collins, Colorado




★ ''Subsidiary:'' Tributary Capital Management



Union Colony Bank




★ ''Branches located in:'' Greeley, Colorado
Georgia


★ '''InfiBank, N.A.'''


★ ''Subsidiaries:''



★ InfiCorp



★ InfiStar
Illinois


★ '''First National of Illinois, Inc.'''


★ ''Subsidiary:'' Castle Bank N.A.



★ ''Branches located in:'' DeKalb County, Kane County, Kendall County, and McHenry County, Illinois
Kansas


★ '''First National Bank Kansas'''


★ ''Branches located in:'' Overland Park, Shawnee, Fairway, and Olathe, Kansas
South Dakota


★ '''First National Bank South Dakota'''


★ ''Branches located in:'' Yankton, Mitchell, Huron, and Sioux Falls, South Dakota
Texas


★ '''First National Bank Southwest


★ ''Branches located in:'' Frisco and Plano, Texas

National business rankings



★ Fifth-largest in-house credit card processor

★ Sixth-largest merchant processor

★ Top-ten commercial card issuer

★ Eleventh-largest issuer of bank cards in the United States

★ Top-twenty electronic funds processor

★ Fifth-largest agricultural lender with customers in 49 states

★ Largest commercial bank finance provider to the ethanol industry

First National Credit Card Center


Call Center locations: Omaha, Nebraska; Atlanta, Georgia; Bloomfield, Nebraska; Kearney, Nebraska; Norcross, Georgia; Wayne, Nebraska; Yankton, South Dakota


First National Credit Card Center (FNCCC) is one of the top three banks serving the credit card needs of other financial institutions, including Union Bank of California and Sovereign Bank. FNCCC also services credit cards for the National Rifle Association, Major League Lacrosse, Concerned Women of America, World of Warcraft among several others.

SunTrust Bank announced on December 12, 2006, that it has signed an agreement with Atlanta-based InfiCorp Holdings, Inc. (subsidiary of First National of Nebraska) for issuing consumer credit cards. Under terms of the agreement, InfiCorp will market, originate and service SunTrust-branded cards starting in the first quarter of 2007, focusing on SunTrust clients.[7]

FNBO Direct


Call Center located in Omaha, Nebraska


FNBO Direct, a division of First National Bank of Omaha, started operations in November 2006 at 5.25% Annual Percentage Yield (APY).
FNBO Direct launched a nationwide campaign to promote their online savings account on May 1, 2007. In honor of the bank's 150th anniversary, the APY was placed at 6.0% for 150 days from May 1 through September 28, 2007.
In an e-mail sent to customers at the end of August, it was announced that the FNBO Direct Credit Card will give a competitive interest rate and cash back rewards that would be deposited directly into the online savings account.

Sponsorships


First National Bank is a proud sponsor of:

Kansas City Chiefs (First National Bank of Kansas-Official Bank of the Chiefs)

Creighton Bluejays

Nebraska Cornhuskers (First National Bank of Omaha-Bank of Husker Nation)

See also



Lauritzen Corporation for information on banks and holdings of the Lauritzens not part of First National of Nebraska, Inc.

Online savings account (OSA)

First National Bank Tower - Headquarters for First National of Nebraska

First National Center (Omaha) - Previous headquarters of First National of Nebraska, also linked to DoubleTree Hotel

External links



Current Job Openings at First National Bank Omaha

First National Bank Omaha Agent Issuing

You Are Always First

★ First National Equipment Financing has been merged with Diversified Financial Services, LLC in 2007. DFS is a Laurtizen company.

First National jumps into cyberbanking (Omaha World Herald - May 21, 2007)

First National heads in new directions (Omaha World Herald - May 21, 2007)

References


1. New Internet Bank with 6.00% APY... http://biz.yahoo.com/bw/070521/20070521005525.html?.v=1
2. (nd)History of First National Bank of Nebraska First National Bank of Nebraska. Retrieved 7/1/07.
3. (nd) First National Bank Online. Retrieved 7/1/07.
4. Nebraska Business Hall of Fame - Bruce Lauritzen, 2006 http://www.cba.unl.edu/hof/index.asp?id=105
5. Federal Register Online via GPO Access - See note C.2. - http://edocket.access.gpo.gov/2003/03-17425.htm
6. First National Bank of Omaha - http://www.firstnational.com/fnb/aboutus/business_overview/default.asp
7.


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