Lauritzen Corporation
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Lauritzen Corporation is a financial and interstate bank holding company headquartered in Omaha, Nebraska. Lauritzen Corporation controls ten bank charters (one national, nine federal and state) in Nebraska and Iowa, and has total assets of approximately $1.50 billion [1]. In addition to banks, Lauritzen Corporation has five holding companies and 15 insurance or financial companies. Lauritzen Corporation has an approximately 28% voting share in First National of Nebraska, Inc. [2]. All told, it is one of the 50 largest banks in the United States ranked by total deposits [3], and is ranked among the top 200 United States banks by The Banker financial journal [4].
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[edit] Ownership
Lauritzen Corporation is privately held primarily by the Lauritzen family, with Bruce R. Lauritzen exercising sole investment and voting power which he shares investment and voting power with his spouse Elizabeth D. Lauritzen [5]. Many members of the Lauritzen family are associated with the individual companies within the Lauritzen Corporation.
Bruce R. Lauritzen is Chief Executive Officer of Lauritzen Corporation; he is also Chairman of First National of Nebraska, Inc., First National Bank of Omaha, and more than a dozen other banks and bank holding companies operating in Nebraska, Iowa, Illinois, South Dakota, Kansas, Colorado, and Texas. His combined organizations have more than $16 billion in assets and 7,500 employees in 31 states [6].
[edit] Subsidiaries
The Lauritzen Corporation has five holding companies, 10 banks, and 15 insurance or financial companies. Among them are:
Primary Ownership
- Cypress Corporation
- Sibley State Bank (Sibley, Iowa)
- Diversified Financial Services, LLC
- NAEDA Financial, Ltd.
- The Harry A. Koch Company
- Houghton State Bank (Red Oak, Iowa)
- Lauritzen Investments, Inc.
- Farmers & Merchants State Bank (Bloomfield, Nebraska)
- FirstLine Insurance Services
- Icon Sports Management, LTD
- Loomis Company
- First State Bank (Loomis, Nebraska)
- Shelby County State Bank (Harlan, Iowa)
- The Viking Corporation
- Crawford County Trust & Savings Bank (Denison, Iowa)
- Landmands National Bank (Audubon, Iowa)
- Washington County Bank (Blair, Nebraska)
- York State Bank & Trust Company (York, Nebraska)
Secondary Ownership
[edit] See also
- First National of Nebraska, Inc.
- Lauritzen Gardens, Omaha's Botanical Center, made possible through the philanthropy of the Lauritzen family.
[edit] External links
Banking
- Crawford County Trust & Savings Bank
- Farmers & Merchants State Bank
- First National of Nebraska
- First State Bank (Loomis)
- Houghton State Bank
- Landmands National Bank
- Shelby County State Bank
- Sibley State Bank
- Washington County Bank
- York State Bank & Trust Company
Non-Banking
- Diversified Financial Services, LLC
- NAEDA Financial, LTD.
- The Harry A. Koch Company
- Icon Sports Management, LTD.
[edit] References
- ^ FDIC Federal Register Citations http://www.fdic.gov/regulations/laws/federal/04cSIFFORDcra0517.html
- ^ Federal Register Online via GPO Access - See note C.2. - http://edocket.access.gpo.gov/2003/03-17425.htm
- ^ Source: FDIC (as published in The New York Job Source) http://nyjobsource.com/banks.html
- ^ The Banker http://www.thebanker-database.co.uk/ranking-results.asp?rid=4&year=2003&sortby=12#;return%20false
- ^ SEC – EDGAROnline - Security Ownership of Certain Beneficial Owners and Management - see also footnote 1 - http://sec.edgar-online.com/2002/04/30/0000912057-02-017442/Section10.asp
- ^ Nebraska Business Hall of Fame - Bruce Lauritzen, 2006 http://www.cba.unl.edu/hof/index.asp?id=105
