First National of Nebraska

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First National Tower Omaha, Nebraska
First National Tower
Omaha, Nebraska

First National of Nebraska is an interstate bank holding company; the largest banks it owns are First National Bank of Omaha, First National of Colorado, First National Bank of Kansas and First National Bank South Dakota. Founded in 1857, First National is one of the largest private banking companies, and the third-largest family owned bank in the United States. First National and its affiliates have over $17 billion in managed assets and over 7,500 employees located across the United States. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.

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[edit] Ownership

First National of Nebraska, Inc. is a privately held company. Bruce R. Lauritzen is Chairman of First National of Nebraska, Inc., First National Bank of Omaha and Chief Executive Officer of the Lauritzen Corporation, a financial and bank holding company owning additional banks in Nebraska and Iowa [1]. The Lauritzen Corporation has an approximate 28% voting share in First National of Nebraska, Inc. [2].

[edit] Subsidiaries

First National of Nebraska, Inc. has four holding companies, 12 banks, 31 bank subsidiaries, and 10 non-banking companies. Among them are:

Banking

  • First National Bank of Omaha (Omaha-Lincoln-Bellevue-Beatrice-David City, Nebraska)
    • SPC Inc. (First National Merchant Solutions) payment processing
    • First National Equipment Financing, Inc.
    • Cornerstone Mortage Company
  • First National Bank of Kansas (Overland Park-Shawnee-Fairway-Olathe, Kansas)
  • First National Bank and Trust Company of Columbus (Columbus-Norfolk, Nebraska)
  • First National Bank South Dakota (Yankton-Mitchell-Huron-Sioux Falls, South Dakota)
  • Inficorp Holdings, Inc.
  • Platte Valley State Bank and Trust Company (Kearney-Grand Island, Nebraska)
  • First National of Colorado, Inc.
  • First National Southwest (Frisco-Plano, Texas)
  • The Fremont National Bank and Trust Company (Fremont, Nebraska)
  • First National Bank (North Platte [Alliance-Chadron-Gering-North Platte-Scottsbluff, Nebraska])
  • First National of Illinois, Inc.
    • Castle Bank, N.A. (DeKalb-Kane-Kendall-McHenry counties, Illinois)

Credit Corporations

  • First National Credit Corporation

Non-Banking

  • First National Capital Markets, Inc.
  • Gregory's Insurance, Inc.
  • First National Buildings, Inc.
  • First National Information Solutions, Inc.
  • Whitetail Finance Company
  • Plantium Recovery Solutions, Inc.
  • Data Management Products, Inc.
  • First National Technology Solutions, Inc.

[edit] 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
  • One of the top three banks serving the credit card needs of other financial institutions

[edit] Trivia

  • First National Bank was the first United States company to use fuel cell technology as a primary power source.
  • First National was recognized five consecutive years by Working Mother’s Top 100 Companies for Working Mothers (2002 – 2006)
  • In 2003, First National was recognized as one of America’s Most Admired Companies by Fortune.
  • First National Bank services credit cards for hundreds of banks, including Union Bank of California and Sovereign Bank.
  • First National Bank services credit cards for the National Rifle Association, Major League Lacrosse, Concerned Women of America, among several others.
  • First National Bank credit card division also operates under the names First Bankcard and First National Credit Card Center, with the customer service department answering the phones Cardmember Services.

[edit] See Also

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

[edit] External links

Corporation

Banks

Subsidiaries

Non-Banking

[edit] References

  1. ^ Nebraska Business Hall of Fame - Bruce Lauritzen, 2006 http://www.cba.unl.edu/hof/index.asp?id=105
  2. ^ Federal Register Online via GPO Access - See note C.2. - http://edocket.access.gpo.gov/2003/03-17425.htm