40th Anniversary
40th Anniversary
This month, Bank of the Valley is proud to recognize their 40th Anniversary of business as a Community Bank in Northeastern Nebraska. Bank of the Valley’s journey began in Bellwood on May 14, 1984 when their charter was issued. Previously, the community had been served by the Bellwood Cooperative Credit Association, which had formerly been The State Bank of Bellwood, which had formerly been Platte Valley State Bank whose origins trace back to 1884. The building itself was constructed in 1903, a one-room facility located in the heart of town. That is the building Bank of the Valley calls home to this day, with the addition of about 1,600 square feet to accommodate office space added in 1988.
“Bank of the Valley’s growth and success these past 40 years have been the result of relationship-building, both with our customers and our communities.” says Bank of the Valley President, Jason Lavicky. “That work started all the way back in 1984 with the Bank’s founders, and was carried through under the outstanding leadership of past presidents Paul Chatelain and Larry McPhillips. We are blessed to also have a tremendous group of shareholders supporting our organization, giving us the ability to do the work they have entrusted us to do.”
For the past four decades, the Bank has expanded their footprint to include the communities of David City, Platte Center, Columbus, Humphrey and most recently Schuyler. Their seventh Branch location opened its doors on the North side of Schuyler in September 2022. Currently, Bank of the Valley has Branches in Butler, Colfax and Platte Counties and employs over 80 individuals.
They offer a full range of personal, business and agricultural banking services, with access to account information 24/7 online or through their mobile app. Plans for continued growth remain top-of-mind, along with a reenergized focus on enhancing internal operations to ensure that the Bank is able to offer a robust range of products and services while still adhering to Federal Banking rules and regulations. Senior Vice President, Eric Hall, reflected on the work done in these areas:
“These past few years we have been hard at work adding new employees and streamlining departments, policies and procedures to make sure that we as an organization are operating as effectively as possible for our size and service area. We have a firm organizational foundation in place, and can provide superior service to our customers and community both now and well into the future.”
Bank of the Valley is a Member FDIC, Equal Housing Lender.