Nebraska

Cobalt promotes insider to take over for retiring CEO

01/07/21

The Papillion, Neb.-based credit union has appointed Chief Operations Officer Robin Larsen to succeed Gail DeBoer.

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Cannabis and gambling: State ballot measures that matter to banks

11/04/20

Referendums that legalized marijuana and sports wagering in several states could incentivize banks to do business with companies in these sectors. Payday loan and privacy measures that passed Tuesday also have implications for the industry.

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How much bang did CUNA get for its 3 million bucks on Election Day?

11/04/20

The trade group supported 11 incumbents running for re-election, including the embattled Maine Sen. Susan Collins, and may have helped Republicans maintain control of the Senate.

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Nebraska bank is first failure of 2020

02/14/20

Ericson State Bank, which had been in regulators’ sights for a decade, was closed by state and federal authorities Friday. Another bank acquired all of its deposits and a fraction of its assets.

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Skip Hove, former FDIC acting chairman and Nebraska banker, dies at 84

08/20/19

Hove, who spent 11 years on the Federal Deposit Insurance Corp. board, was the agency's acting chairman three different times during the 1990s. He held several jobs in banking, including chairman and CEO of Minden Exchange Bank & Trust, which had been led by his father.

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CIT buys itself wiggle room with Mutual of Omaha Bank deal

08/13/19

Acquiring the Nebraska bank would give CIT Group access to billions of low-cost deposits to fuel a go-it-alone growth plan. CEO Ellen Alemany says it could also make her company "more valuable" to potential buyers if it ever wants to sell.

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Great Southern to sell branch network in Omaha, Neb.

03/21/18

The company will also sell $58 million in deposits to West Gate Bank.

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First National of Omaha to drop NRA card partnership

02/22/18

Facing pressure to act on gun control laws, the Omaha bank said it would not "renew its contract with the National Rifle Association to issue the NRA Visa card."

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First National in Neb. invests in microfinance pioneer

06/22/17

The $1.5 million investment will help Grameen America make more small-dollar loans in the Midwest.

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Ask Alice — she'll say character is collateral

05/23/17

A Nebraska banking veteran put up $1 million of her own money to create a microlending program that doesn't require business owners to provide traditional collateral.

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