The First National Bank of Holdrege began as Farmers & Merchants Bank in now-extinct town of Phelps Center, which was about five miles north and west of Holdrege. The bank was founded by R.T. McGrew, P.O. Hedlund and A.L. Clarke, men also responsible in part for founding Phelps County.
On April 1, 1884, the bank was re-chartered from a state bank to a national bank and renamed the First National Bank of Holdrege. Controlling interest of the bank was purchased by L.J. Titus and George W. Updike in 1890, and in 1893, L.J. Titus purchased Updike’s remaining interest and moved to Holdrege.
Today, the First National Bank of Holdrege still remains under the active direction of the Titus family. Currently serving are Eric J. Titus, Senior Vice President/Chairman of the Board, L. Ted Titus, Senior Vice President/ Board of Directors and Paula A. Titus, Public Relations Officer.
In 1997, the bank again expanded to the west adding eight offices and a new board room. The main lobby was refurbished with carpeting, wall coverings, and office cubicles and a new remote branch drive-in facility was opened on north Burlington. In 1999, the Investment Center offices were moved to the northeast corner of the building with an exclusive entrance. In 2004 the computerized message board on the main bank was upgraded, and a computerized message center was added to the north auto bank.
The First National Bank of Holdrege
401 East Avenue
P.O. Box 800
Holdrege, NE 68949-0800
Phone: (308) 995-4411
Toll Free: (877) 310-4411
Fax: (308) 995-8371
Telephone Banking Toll Free (877) 747-4411
Lobby Hours: Monday – Thursday, 9:00 a.m. – 5:00 p.m.
Friday, 9:00 a.m. – 4:00 p.m.
Drive Up Hours:
Monday – Friday, 8:00 a.m. – 6:00 p.m.
Saturday, 8:00 a.m. - noon
