The Nebraska Bankers Association honored several banks for their their work to improve the financial education of Nebraskans at 2022 NBA Annual Convention Recognition Awards Breakfast May 6, at Embassy Suites in La Vista.
The Leaders in Financial Education (LiFE) Awards recognize banks that are financial education leaders in their communities. Whether it’s making school presentations, operating an in-school savings bank or helping to combat elder financial abuse, banks are leading the way to assist Nebraskans in improving their financial decision-making.
The following financial institutions were awarded for their outstanding contributions to financial education in Nebraska.
LiFE Honors List
Banks that meet at least seven of a list of criteria including hosting interns, operating an in-school savings bank, giving financial literacy presentations and many others, are named to the LiFE Honors List.
One bank from each of the three deposit size category is eligible for this award. The categories are: Small, $100 million or less; Medium, $101 to 350 million; and Large, $351 million or more. The banks that receive this award have made the largest number of Get Smart About Credit, Teach Children to Save and other financial literacy presentations.
Bank Innovation Award
This award is presented to a bank who implemented an innovative way to improve financial literacy.
Stephen Stull, president and CEO of Nebraska Bank chartered in Dodge, was selected as Chair of the Nebraska Bankers Association during the Association's Annual Meeting on May 5, 2022.
Stull began his banking career as a teller at Western Bank in Alliance. He continued working in the industry while he studied business administration and finance at the University of Nebraska-Lincoln. After receiving his degree, Stull worked for various Nebraska banks, including Dakota County State Bank in South Sioux City, Bank of Bennington in Bennington and First National Bank in Sidney. From 1999 to 2009, he served as the chief financial officer for FirstTier Bank in Kimball. In 2009, he joined Banner County Bank in Harrisburg.
In 2011, Stull, along with his father, Richard, and brother Michael, organized an investment group to purchase Farmers State Bank in Dodge. Since that time, the bank has added five new branches and acquired two additional banks.
Stull is a graduate of the Graduate School of Banking at Colorado, as well as the Kansas Bankers Association/Nebraska Bankers Association Schools of Banking's Agricultural Lending School and Bank Compliance School.
Stull has taken an active role within the NBA, serving on the Board of Directors, Executive Committee, BankPAC Committee, NBAnk Tech Task Force and the Nebraska Bankers Insurance & Services Co. (NBISCO) Board of Directors.
His community service and local leadership roles in Kimball include serving as Chairman of the Board of Public Works, President of the Municipal Airport Authority Board, President of the Lions Club and Vice President of the Kimball-Banner County Chamber of Commerce.
Lydell L. Woodbury, chairman and CEO of First Nebraska Bank chartered in Valley, was selected as Chair-Elect of the Nebraska Bankers Association during the Association's Annual Meeting on May 5, 2022. He will assume the Chair of the NBA position in May 2023.
Woodbury has more than 40 years of financial industry experience. He began his banking career at a Production Credit Association in Iowa before joining First National Bank and Trust, now F&M Bank, in Falls City, Neb. He also worked for the U.S. Small Business Administration as a commercial loan specialist. In 1990, he joined First Nebraska Bank as president of the Emerson branch. He eventually assumed oversight of all branch locations as the bank's executive vice president before being promoted to chairman and CEO.
He has been active in the NBA, serving on the NBA Board of Directors, as Chair of the Government Relations Committee and as a member of the NBA BankPAC and NBA Education Committees.
At the local level, Woodbury has also assumed many volunteer leadership roles that have allowed him to make a positive impact on his community. He served as chairman of the Elkhorn Valley Economic Development Committee and led Stanton Economic Development, Inc. and the Emerson Development Corporation. He also has been actively involved with the Elks Club and the Knights of Columbus.
Following his honorable discharge from the U.S. Army, Woodbury studied agricultural banking at the Pipestone Area Vocation Technical Institute. He is also a graduate of the Kansas Bankers Association/Nebraska Bankers Association Schools of Banking.
Congratulations to the NBA Leadership Class of 2022 Graduates
Sixteen bankers from across the state graduated recently from the Nebraska Bankers Association's Leadership Program during the NBA Annual Convention, May 4-6 in La Vista.
The Nebraska Bankers Association created the Leadership Program to enhance the leadership, organizational and performance skills of highly motivated, mid-to upper-level bankers. The program establishes a network of bank leaders who understand and can respond to local and national issues impacting the banking industry. Individuals completing the two-year Leadership Program attend six practical sessions, each concentrating on an area of successful business operation, as well as a variety of NBA programs.
Leadership Class of 2022
The following individuals graduated as members of the NBA Leadership Class of 2022:
Congratulations to the Incoming NBA Leadership Class of 2024
Leadership Class of 2024
The following individuals were selected as members of the NBA Leadership Class of 2024:
The Nebraska Bankers Association paid tribute to ten Nebraska bankers and one financial institution in the state that have marked significant milestones in the financial services industry. The following honorees were recognized during the Association's Milestone Awards Luncheon on May 5 at the Embassy Suites in La Vista, in conjunction with the NBA's Annual Convention.
The NBA recognized the following Nebraska bankers for 50 years of service to their communities and the state of Nebraska:
Richard Adkins, Jr., Security Bank, Laurel
Randal Burns, Foundation One Bank, Omaha
Gary Garnick, First National Bank in Ord, Ord
H. Stephen Kness, FirsTier Bank, Holdrege
Carol Miller, Cornerstone Bank, York
Geraldine Norskov, Bank of Lindsay, Lindsay
Gwen Pfeifer, Nebraska Bank, Dodge
Linda Rodine, First State Bank, Gothenburg
Donald Roth, Platte Valley Bank, Scottsbluff
Lila Studley, Homestead Bank, Wolbach
The NBA recognized the following bank for 75 years of service:
Nebraska State Bank, Lynch