{{Short description|American financial company}} {{Use mdy dates|date=June 2022}} {{Infobox company | name = First Westroads Bank | type = | image = First Westroads Bank.jpg | foundation = Omaha, Nebraska 1967 | location = Omaha, Nebraska, United States | key_people = Chris J. Murphy, Chairman <br /> Mark Ellerbeck, President & CEO | parent = Ameriwest | subsid = | industry = Finance | products = Financial services | homepage = [http://www.firstwestroads.bank/ www.firstwestroads.bank] }}

'''First Westroads Bank''' is a locally owned community bank in Omaha, Nebraska, United States, with two branches. First Westroads Bank provides personal and business banking services, as well as investment services through First Westroads Investment Centre, a division of the bank.<ref>{{Cite web|url=http://www.fwinvestmentcentre.com/menu/index|title = Welcome to Our Site!!}}</ref> The bank has received a 5-star rating from Bauer Financial for the past 87 consecutive quarters.<ref name="auto1">{{Cite web|url=https://www.bauerfinancial.com/btc_ratings.asp|title=Bank or Credit Union Star Ratings|website=www.bauerfinancial.com|access-date=2016-03-21}}</ref>

== History ==

First Westroads Bank was chartered in 1967<ref>{{cite web | url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=3148587 | title=First Westroads Bank Inc - Company Profile and News | website=Bloomberg News }}</ref> as an independent, suburban, commercial bank with a state license. The new bank occupied space in the developing Westroads Shopping Center.

The original location was in a trailer located in the south mall parking lot, but was moved indoors to the home office of "270 Italia Mall" in the spring of 1968. In addition to the indoor location, there was also a drive-thru, television-controlled facility located in the south parking lot which was connected by a tunnel and tube carrier system, later converted to a manual drive-in, walk-in facility in 1973.<ref name="auto">{{cite web|url=https://www.fwbk.com/About-Us.aspx|title=About us|website=fwbk.com|access-date=June 29, 2015|archive-date=September 10, 2015|archive-url=https://web.archive.org/web/20150910071053/https://www.fwbk.com/About-Us.aspx|url-status=dead}}</ref> A second three-lane, drive-up location was opened in the NBC Center area at 10855 West Dodge in January 1977, which has since been known as the "Old Mill" headquarters location.

In 1979 the bank was sold to United Bancshares of Nebraska, Inc., a one bank holding company, where it would remain until 1990 when it was purchased by Ameriwest, a holding company owned by current bank owners, Chris and Betsy Murphy.<ref name="auto2">{{cite web | url=https://www.bloomberg.com/research/stocks/private/people.asp?privcapId=3148587 | title=Stocks | website=Bloomberg News }}</ref>

After a short period of temporary building, parking lot and trailer locations, the Westroads Mall Branch made its permanent home in the new building at 612 N. 98th Street in 2002. The corporate headquarters location remained in the Old Mill area until March 2005 when it re-located to its current home, 15750 West Dodge Road.<ref>[https://www.fwbk.com/default.aspx Welcome to First Westroads Bank] {{webarchive|url=https://web.archive.org/web/20150906002835/https://www.fwbk.com/default.aspx|date=September 6, 2015}}</ref> First Westroads Bank is active in the Omaha community and is a Project PAYBAC partner for Aldrich Elementary School<ref>{{Cite web |url=http://mps.bsaes.schoolfusion.us/modules/cms/pages.phtml?pageid=116756&sessionid=13805cf7ae5e86434dc8b203d85e8985&sessionid=13805cf7ae5e86434dc8b203d85e8985 |title=School Fusion |access-date=June 29, 2015 |archive-date=March 4, 2016 |archive-url=https://web.archive.org/web/20160304003738/http://mps.bsaes.schoolfusion.us/modules/cms/pages.phtml?pageid=116756&sessionid=13805cf7ae5e86434dc8b203d85e8985&sessionid=13805cf7ae5e86434dc8b203d85e8985 |url-status=dead }}</ref> and Kiewit Middle School<ref>{{cite web|url=http://mps.kms.schoolfusion.us/modules/groups/homepagefiles/cms/751088/File/2014-2015/Paybac%20Partners%202014-2015.pdf|title=Paybac Partners 2014-2015|access-date=2015-06-29|archive-url=https://web.archive.org/web/20150514081648/http://mps.kms.schoolfusion.us/modules/groups/homepagefiles/cms/751088/File/2014-2015/Paybac%20Partners%202014-2015.pdf|archive-date=2015-05-14|url-status=dead}}</ref> in Millard Public Schools.

== Financial performance == First Westroads Bank has been named a Top Performing Community Bank by the American Bankers Association Banking Journal, based on its earnings, asset quality, and capital.<ref>{{Cite web |url=http://www.aba.com/Pages/default.aspx |title=American Bankers Association |access-date=March 21, 2016 |archive-date=March 24, 2016 |archive-url=https://web.archive.org/web/20160324141325/http://www.aba.com/Pages/default.aspx |url-status=dead }}</ref> The bank has also received a 5-star financial strength rating by independent bank rating institution Bauer Financial for the past 87 consecutive quarters, as of March 2016.<ref name="auto1"/>

== Executive Board ==

As of 2023, the executive board includes:<ref name="auto2"/>

* Chris J. Murphy, chairman, First Westroads Bank * Mark Ellerbeck, president & CEO, First Westroads Bank * John M. Blazek, president, JMB Capital, LLC * Robert Dalrymple, retired executive vice president, division executive, Great Plains Division at Bank of the West * Daniel J. Murphy, VP business development, First Westroads Bank * Thomas K. Nichting, managing director, Red Diamond Capitol * Stephen F. Robinson, retired president, First Westroads Bank * Gary K. Witt, shareholder, consulting director, Lutz & Company * John Nahas, president, Corporate Management Consulting

==Bank Officers==

As of 2023, the bank officers are the following:<ref name="auto"/>

{| class="wikitable" ! Name ! Position |- |Chris J. Murphy |Chairman |- |Mark Ellerbeck |President and CEO |- |Margie Heller |Chief Financial Officer |- |Carl E. Bartholomew |Senior Vice President |- |Timothy J. Riha |Senior Vice President |- |Daniel J. Murphy |Vice President Business Development |- |Cheri K. Novak |Vice President Loan Operations |- |Ken Wray |Vice President |- |Denise Bond |BSA Officer / Operations Manager |- |Kelley Baldwin |Human Resources Officer |}

==See also== {{Portal|Banks}} * Economics of Omaha

==References== {{Reflist}}

==External links== * {{official|https://www.fwbk.com}} {{Finance links | name = First Westroads Bank | bloomberg = 19755Z:US }} * [https://web.archive.org/web/20150702093924/http://omahamagazine.com/tag/first-westroads-bank/ Omaha Magazine] * [https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=3148587 First Westroads Bank - Bloomberg Business]

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Category:Banks based in Omaha, Nebraska Category:Banks established in 1967 Category:1967 establishments in Nebraska