Pinnacle Bank

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Pinnacle Bank announced Monday it will open its first full-service branch in Grand Island’s Railside District.

Pinnacle Bank announced Monday it will open its first full-service branch in Grand Island’s Railside District.

According to Bart Qualsett, market president for Pinnacle Bank in Grand Island, the bank is going to renovate a two-story building built in 1892 in downtown Grand Island. He said Pinnacle Bank wants to capture the classic feel of “main street” while adding modern amenities to serve its customers.

“This is my hometown,” Qualsett said. “So I’m excited to be part of this community in a new way, we all are at Pinnacle Bank. There’s so much growth and opportunity in Grand Island.”

He said Pinnacle is “eager to bring our unique banking experience here.”

“While we are open for business now, I can’t wait to serve Grand Island with a full-service location,” Qualsett said. “This is going to be a non-traditional bank building that should add to the momentum going on Downtown.”

He said the building will undergo a complete renovation before it opens to the public in the summer of 2019. The original interior brick is being restored to maintain the historic feel of the 3,000-square-foot building at 106 E. Third St., next to the long-standing Coney Island.

Pinnacle Bank will be located on the east side of the Railside District. In recent years, Downtown Grand Island has not only rebranded itself as Railside to link it with its railroad origins, but small business owners, developers and entrepreneurs have made it a popular destination area for Grand Island with the opening of a variety of boutiques, apartments, restaurants, professional services and entertainment there.

Qualsett said Pinnacle Bank is currently operating a loan production office in Grand Island, but this is the first effort to expand full banking services in Grand Island. The new facility will include tellers and personal bankers in addition to private bankers and loan officers.

In August 2013, Nebraska State Fair officials announced the Nebraska State Fair Exhibition Building had been rebranded as the Pinnacle Bank Expo Building at Fonner Park.

Pinnacle Bank agreed to give $60,000 a year for 10 years for a total of $600,000 for naming rights on the building.

Pinnacle Bank is a community bank founded by George and Tom Dinsdale in Palmer in 1938. Today, Pinnacle Bank has developed into a $10.4 billion holding company with 64 locations across Nebraska in 34 communities, serving a broad range of commercial, individual and agricultural customers. Pinnacle Bank operates across seven states – Nebraska, Kansas, Missouri, Wyoming, Colorado, New Mexico and Texas.

To learn more about Pinnacle Bank, visit their website at www.pinnbank.com.

Reporter

I cover business, ag and general reporting for the GI Independent.

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