Havelock Bank changes name to Pinnacle

Havelock Bank changes name to Pinnacle

In order to reflect its affiliation with Pinnacle Bancorporation, the Havelock Bank of Lincoln changed its name to Pinnacle Bank Nov. 1. Pinnacle Bancorp is a $2 billion bank holding company based in Central City, with interests in Nebraska, Wyoming and Colorado. President Mark A. Hesser said the $200 million bank serves customers with six locations. Havelock Bank, which was founded 90 years ago, was purchased by Pinnacle Bancorp in 1994.

Pinnacle Bank is set to open an office in the Southwestern Plaza Shopping Center currently under construction in Omaha. Completion is set for January. The Pinnacle Bank office will have 2,450 square feet of space and a drive-up window.

Columbus Bank and Trust of Columbus was honored by Gov. Ben Nelson as winner of the annual “Power and Progress Business of the Year” award. The $60 million bank won in the category for businesses with fewer than 50 employees. Robert Labenz is president and CEO.

The City of Gering declared Sept. 29 “John A. McLellan, Jr., Day,” in honor of his retirement from U.S. Bank. McLellan has worked in banking for 23 years. He originally went to work for the Gering National Bank. McLellan commented that during his career, the bank changed ownership five times but, “I never left the building.”

McCook National Bank, McCook, has opened a new division, MNB Investments. According to President P. Mark Graff, the new division will offer a diverse selection of mutual funds, annuities, stocks and bonds. American National Bank, Omaha, has opened an office in Elkhorn in the Skyline Country Plaza. The bank announced it will donate $1,000 to charity for every $1 million in deposits in the Elkhorn branch. Heritage Bank Grand Island is constructing a new 5,700-squarefoot building. Craig Moyer is president. The project is expected to be complete by next summer.

Copyright NFR Communications Inc Dec 5, 1998

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