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Farmers State Bank coming to Hemingford

  • Updated

Farmer’s State Bank recently announced the opening of a Hemingford branch to fill the community’s banking needs.

Senior Vice President and Compliance Officer Dustin Chester delivered the news during the monthly Village Board Meeting. “I think it’s important that you have a bank here in Hemingford,” said Chester. “You have a strong community and it needs to have a strong financial institution that can meet the community needs.

“This is a community that we’ve been looking into for a number of years.”

Prior to regulatory approval of the new bank branch location the bank intends to operate as a Loan Production Office at 201 Custer Street in Hemingford, the old S&S LP Gas Company building, with the ability to originate and service business, agricultural, residential and consumer lending. The bank will continue towards opening a full service branch as soon as approval is obtained, including drive up, lobby, ATM and convenient online access.

The bank’s team consists of Chester, who has been with the bank since 2012 when they opened the banks third location, Tammy Davies, who joined the bank in 2017 in Risk Management, and Ryan Gasseling, who recently joined this team with his 23 years of banking experience, much of that time in Hemingford and surrounding communities.

“I am excited to join the Farmers State Bank team, with an opportunity to focus on the Alliance and Hemingford markets”, Gasseling noted.

Farmers State Bank, a one-branch bank in Dodge Nebraska was first chartered over 130 years ago in 1889. On November 7th, 2011, a group of investors purchased this charter and began the growth across Nebraska. Farmers State Bank, through acquisition and expansion, has grown from a $45M bank to now over $240M in assets with eight branches across Nebraska.

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