First National of Nebraska, parent company of First National Bank of Omaha, said Wednesday it is seeking to combine all six of its banks under one umbrella.
The Omaha-based operator of the largest bank based in Nebraska said in a statement it plans to file an application with the Office of the Comptroller of the Currency to combine all of its Nebraska and South Dakota banks into one company.
Affected banks would be First National Bank of Omaha, First National Bank of Columbus, First National Bank North Platte, First National Bank South Dakota, Fremont National Bank & Trust Co. and Platte Valley State Bank.
Company spokesman Kevin Langin said all banks would be known by the First National name, meaning changes for Fremont National and Platte Valley.
“As one organization, instead of six, we can leverage the tradition of success that began 157 years ago in Omaha, offering all customers under the First National Bank brand better access to new products, customer service innovation and a banking experience more reflective of the changing needs and lifestyles of our customers,” said Dan O’Neill, First National’s president.
First National of Nebraska is the largest privately owned bank holding company in the nation, with about $17 billion of assets. The First National of Omaha subsidiary is the dominant bank in Nebraska, with 13.4 percent of the deposit market share.