Phone: (308) 284-4071
315 North Spruce Street
Ogallala, NE 69153
Adams Bank & Trust
Our family banking story began in 1916, when G.D. Adams founded Lemoyne State Bank in Lemoyne, Nebraska. G.D.’s son, Melvin H. Adams became a banker in his teens, delivering statements to bank patrons to help save the cost of stamps back then. In the summer of 1931, Melvin was on summer break from his studies at the University of Nebraska and was working at the bank, when two armed men robbed the bank. The robbers made off with about $1,000 in counter cash. Some time later, the two bandits were captured in Denver, CO after committing several other robberies. In 1934, the construction of Lake McConaughy and Kingsley Dam caused the town of Lemoyne to relocate and G.D. made the decision to move the bank to Brule, Ne. The foundation of Lemoyne State Bank still remains under the waters of Lake McConaughy.
Between 1962 and 1972, Melvin Adams, Sr. and Mel Adams, Jr. opened four more banks in Imperial, Sutherland, Madrid, and Ogallala. In 1986, revised banking laws permitted the five banks to merge under one name, Adams Bank & Trust, and made its headquarters in Ogallala, Nebraska - where it still remains.
Today, Todd and Chad Adams (sons of Mel) serve as CEO and President, respectively. Under their leadership, Adams Bank & Trust has grown to over $900 million in assets with 20 branches in Nebraska, Colorado, and Kansas. As we enter the fifth generation of family leadership at our community bank, we’re proud to continue the tradition of success and strategic vision that our bank was built on. And even though there have been dramatic changes in banking over the past hundred years, some things remain exactly the same; like our dedication to provide unrivaled customer service. Our roots run deep, spanning the agriculture heavy, small towns of Nebraska & Kansas and the expanding growth throughout the front-range of Colorado; Adams Bank & Trust offers a unique and diverse level of expertise for all types of banking needs, with experienced teams spanning commercial & agricultural banking, mortgage & personal banking, as well as trust services. Whether your banking needs are simple or complex, our experienced teams are ready to assist you. It’s our priority and privilege to serve as your foundation for financial success.
Visit abtbank.com to learn more or to be connected with a relationship banker in your area.
Equal Housing Lender, NMLS #469371