First Westroads Bank is a locally owned community bank in Omaha, Nebraska, United States, with two branches. First Westroads Bank provides personal and business banking services, as well as investment services through First Westroads Investment Centre, a division of the bank.[1] The bank has received a 5-star rating from Bauer Financial for the past 87 consecutive quarters.[2]
 | |
| Industry | Finance |
|---|---|
| Founded | Omaha, Nebraska 1967 |
| Headquarters | Omaha, Nebraska, United States |
Key people | Chris J. Murphy, Chairman Mark Ellerbeck, President & CEO |
| Products | Financial services |
| Parent | Ameriwest |
| Website | www.firstwestroads.bank |
History
editFirst Westroads Bank was chartered in 1967[3] as an independent, suburban, commercial bank with a state license. The new bank occupied space in the developing Westroads Shopping Center.
The original location was in a trailer located in the south mall parking lot, but was moved indoors to the home office of "270 Italia Mall" in the spring of 1968. In addition to the indoor location, there was also a drive-thru, television-controlled facility located in the south parking lot which was connected by a tunnel and tube carrier system, later converted to a manual drive-in, walk-in facility in 1973.[4]
A second three-lane, drive-up location was opened in the NBC Center area at 10855 West Dodge in January 1977, which has since been known as the "Old Mill" headquarters location.
In 1979 the bank was sold to United Bancshares of Nebraska, Inc., a one bank holding company, where it would remain until 1990 when it was purchased by Ameriwest, a holding company owned by current bank owners, Chris and Betsy Murphy.[5]
After a short period of temporary building, parking lot and trailer locations, the Westroads Mall Branch made its permanent home in the new building at 612 N. 98th Street in 2002. The corporate headquarters location remained in the Old Mill area until March 2005 when it re-located to its current home, 15750 West Dodge Road.[6]
First Westroads Bank is active in the Omaha community and is a Project PAYBAC partner for Aldrich Elementary School[7] and Kiewit Middle School[8] in Millard Public Schools.
Financial Performance
editFirst Westroads Bank has been named a Top Performing Community Bank by the American Bankers Association Banking Journal, based on its earnings, asset quality, and capital.[9] The bank has also received a 5-star financial strength rating by independent bank rating institution Bauer Financial for the past 87 consecutive quarters, as of March 2016.[2]
Executive Board
editAs of 2023, the executive board includes:[5]
- Chris J. Murphy, Chairman, First Westroads Bank
- Mark Ellerbeck, President & CEO, First Westroads Bank
- John M. Blazek, President, JMB Capital, LLC
- Robert Dalrymple, Retired Executive Vice President, Division Executive, Great Plains Division at Bank of the West
- Daniel J. Murphy, VP Business Development, First Westroads Bank
- Thomas K. Nichting, Managing Director, Red Diamond Capitol
- Stephen F. Robinson, Retired President, First Westroads Bank
- Gary K. Witt, Shareholder, Consulting Director, Lutz & Company
- John Nahas, President, Corporate Management Consulting
Bank Officers
editAs of 2023, the bank officers are the following:[4]
| Name | Position |
|---|---|
| Chris J. Murphy | Chairman |
| Mark Ellerbeck | President and CEO |
| Margie Heller | Chief Financial Officer |
| Carl E. Bartholomew | Senior Vice President |
| Timothy J. Riha | Senior Vice President |
| Daniel J. Murphy | Vice President Business Development |
| Cheri K. Novak | Vice President Loan Operations |
| Ken Wray | Vice President |
| Denise Bond | BSA Officer / Operations Manager |
| Kelley Baldwin | Human Resources Officer |
See also
edit
References
edit- ^ "Welcome to Our Site!!".
- ^ a b "Bank or Credit Union Star Ratings". www.bauerfinancial.com. Retrieved March 21, 2016.
- ^ "First Westroads Bank Inc - Company Profile and News". Bloomberg News.
- ^ a b "About us". fwbk.com. Archived from the original on September 10, 2015. Retrieved June 29, 2015.
- ^ a b "Stocks". Bloomberg News.
- ^ Welcome to First Westroads Bank Archived September 6, 2015, at the Wayback Machine
- ^ "School Fusion". Archived from the original on March 4, 2016. Retrieved June 29, 2015.
- ^ "Paybac Partners 2014-2015" (PDF). Archived from the original (PDF) on May 14, 2015. Retrieved June 29, 2015.
- ^ "American Bankers Association". Archived from the original on March 24, 2016. Retrieved March 21, 2016.
External links
edit- Official website
- Business data for First Westroads Bank:
- Omaha Magazine
- First Westroads Bank - Bloomberg Business