Celebrating 25 Years in David City

Celebrating 25 Years in David City

November 14, 2023

Article below composed with historical information compiled by the late Jack Tarr of David City.

It was November 18, 1998 when Bank of the Valley opened the doors of their second full-service Branch location in David City, Nebraska. What began as a one-room Bank in Bellwood in 1984 had expanded to a second Branch location in a new community to meet the growing needs of their customers. This year Bank of the Valley celebrates its 25th anniversary at their David City North Branch location, and reflects on their years of service as the area’s only locally owned and operated Community Bank.

“The growth of the bank over the past 25 years has been amazing to be a part of!” says Jill Kobza, Bank of the Valley Vice President and Core Manager. “The changes have been significant, like using a microfiche machine for account research to those images being one click away now.   The constant has been the community of David City; from coworkers to customers, it is a great place to live and work.” 

Bank of the Valley’s Charter was issued in May of 1984 and that is when they officially became part of the Bellwood business landscape. After serving that area for over a decade, they opened a Loan Production Office in David City in 1994. A short time after opening that facility, they filed an application with the State Banking Department to establish a savings and loan association which would then be converted to a bank.

The Loan Production Office location at 1877 North 4th street was initially remodeled to accommodate Bank of the Valley employees and customers as they provided banking services, however the construction process quickly began for a new bank building which would better serve the needs of Bank of the Valley and the community. Construction was completed in November 1998, and all banking activities officially transferred over to the new building just south of the former Loan Production Office.

In September 2020, Bank of the Valley expanded their footprint in David City and opened a second Branch location in the Downtown Square. Bank of the Valley has now grown to seven Branch locations serving Butler, Platte and Colfax county. The Bank has seen many changes over the years in terms of financial tools and technology, economic trends, and banking regulations, but their commitment to providing personal, relationship-based services and solutions has remained the same.

“We are so grateful to the Community of David City for the support we have had these past 25 years,” Bank of the Valley President, Jason Lavicky, shared. “We have been fortunate to grow and succeed because of a business model focused on relationships and working with our customers to help them be successful. We will continue to serve our customers and communities in this way, because we realize that together we truly do go further.”

 

 

Bank of the Valley is a Member FDIC, Equal Housing Lender.