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Nodaway Valley Bank Observes 150th Anniversary in 2018

 

Nodaway Valley Bank Observes 150th Anniversary in 2018

 

Although the actual date is not until December, Nodaway Valley Bank will be celebrating the 150th anniversary throughout 2018.  On December 4, 1868, Maryville’s first bank, known as the George S. Baker & Co., Bankers, opened its doors for business on the site of the present bank on the southwest corner of Maryville’s town square at 3rd & Main Streets.  

In 1873, James B. Prather, J. C. Waterman and Theodore L. Robinson acquired controlling interest in the bank and changed the name to Nodaway Valley Bank.  Mr. Robinson was placed in charge of day to day operations, and a member of Robinson family has been at the helm since, with Chairman of the Board James G. Robinson representing the fifth generation.

During the first 26 years of its existence Nodaway Valley Bank operated as a private bank until applying for a state banking charter in 1894, now the fifth oldest bank charter in the State of Missouri.  The bank joined the newly formed Federal Deposit Insurance Corporation in 1934.   

Highly restrictive banking regulations and competing interests in the tightly built business district around the Maryville town square prohibited expansion beyond the second building on the site, erected in 1890.  As drive-up banking became more popular, regulations were relaxed allowing Nodaway Valley Bank to construct the first stand-alone motor bank at 2nd and Buchanan Streets in 1965.  

The second banking house on the original site was replaced by a larger, modern building in 1966.  That structure was totally renovated and expanded again in 2000 as the present banking house.  

By 1971, the bank’s resources topped $15 million.  State banking laws were further relaxed that year, allowing construction of branch facilities within 2.25 miles of the main banking house.  Nodaway Valley opened a second facility at 1303 S. Main in 1973, which underwent a total makeover last year.  Nodaway Valley Bank was also the first bank in Nodaway County to offer ATM service.            

Although banking regulations prohibited the bank from expanding beyond Nodaway County, Nodaway Valley Bank’s resources topped $166 million by 1990.  Nodaway Valley Bank took advantage of new rules allowing additional facilities in contiguous counties by opening a facility in Savannah, followed by expansion into the St. Joseph market in 1995. During the next five years, the bank’s resources increased to $350 million.  

In response to customers having to take more financial responsibility for their retirement, Nodaway Valley Investment Services was formed in 2002 to provide comprehensive financial planning and brokerage services.  In 2003, the bank opened a new facility at Riverside Road and Mitchell Avenue in St. Joseph and acquired Heritage Bank, creating the largest privately owned and managed bank in northwest Missouri with assets in excess of $541 million.  

In 2006, the bank completed construction of two new facilities in Savannah and Belt & Faraon in  St. Joseph.  In 2007, the Exchange Bank of Mound City was acquired, providing nine full service locations in four communities.  The bank’s resources topped $853 million at the end of 2017.

As part of its 150th anniversary, the bank has introduced a new logo, a revised website formatted for mobile banking and a media campaign.  

“We’re going to have some fun with some of the things that have happened over 150 years,” commented Chairman Robinson, “such as how suckers we’ve given away and some strange loan requests that might have popped up.”         

A bank with family values! We have been locally owned and managed since 1868. NVB has been serving the needs of northwest Missouri’s citizens for a century and a half. Click Here for more: https://www.nvb.com/

 

Nodaway Valley Bank
4001 N Belt Hwy
St. Joseph, Missouri 64506

Phone: 816-364-5678
https://goo.gl/maps/rdcPXNPE2ES2

 

 

 

 

 

Credit Management - Get Your Free Credit Report

Credit Management

Get Your Free Credit Report

The Fair Credit Reporting Act guarantees you FREE access to your credit report once every 12 months from each of the three nationwide credit reporting companies – Experian, Equifax, and TransUnion. Although there are many TV ads, email offers, and online search results that may tout “free” credit reports, there is only one authorized source for a truly free credit report. (Source: United States Federal Trade Commission, ftc.gov)

  • AnnualCreditReport.com is the ONLY authorized source for the free annual credit report that is yours by law
  • It provides access to all the information in your credit file
  • It also maintains a record of everyone who has checked your credit report (lenders, insurance providers, etc.)
  • It’s a great way to identify areas of improvement, discover errors, and detect fraud
  • This report does not include your credit score
  • For more information or to request your free report, visit AnnualCreditReport.com

Why does credit matter?

There are a variety of reasons your credit history may be checked – applying for a loan, opening an account with your electric company, renting an apartment, applying for a job, and more! The purpose of checking your credit history is to gain an understanding of your behavior, including your financial behavior. You can learn more about credit by visiting Experian.com. A few things you’ll learn on this website are:

  • The four elements of a credit report: identification, account history, public records (bankruptcy filings, court records of tax liens) and inquiries
  • Find out what to do if you have not established a credit history
    • Have a cosigner or authorized user added to the account
    • Apply for a secured credit card, which requires users to put up cash as collateral
  • How various life events impact your credit
    • Marriage or Divorce
    • Renting or Leasing
    • Making a Large Purchase
    • Financing a New Business
  • How to prevent fraud and identity theft

Improve your credit!

No matter what your credit score currently is, there is always room for improvement. Although the necessary steps for improving your credit are easy, it does take time. So the sooner you start, the better off you will be! For more information visit smartcreditmatters.com, a website created by our NVB credit card provider. A few things you will learn on this site are:

  • How credit scores are calculated
  • Why non-credit companies look at your score
  • How to improve your credit score
    • Show creditors you are responsible by paying your bills on time, every time
    • Building credit happens by using credit (wisely)
    • Never max out your cards
    • Pay more than just the minimum due on your card
    • Wait to apply for additional cards if you’ve recently opened one
    • Errors & fraud happen – catch it early by monitoring your credit report
  • What to do if your identity (personal information) is stolen

 

A bank with family values! We have been locally owned and managed since 1868. NVB has been serving the needs of northwest Missouri’s citizens for a century and a half. Click Here for more:  https://www.nvb.com/

Nodaway Valley Bank
1302 S Riverside Rd
St. Joseph, Missouri 64507
Phone: 816-364-5678
https://goo.gl/maps/tiQ8aMMSfyjxny8Q6

 

Nodaway Valley Bank | Celebrating 150 Years

 

Nodaway Valley Bank | Celebrating 150 Years

 

After a century and a half, Nodaway Valley Bank has become a household name in Northwest Missouri. Known by customers for mutual respect, fairness, and exemplary customer service, NVB has withstood the test of time by living up to  the founder’s motto of “Safety & Dependability.” 

 


Before the Wright brothers first flight, the first man on the moon, and the first pair of blue jeans, the bank was established as George S. Baker and Company. The original location opened its doors at the current Maryville location in 1868.

The bank would soon become known as Nodaway Valley Bank, when bought by James B. Prather and Theodore L. Robison in 1873. To this day, the Robison family continues to lead this progressive financial institution.

Nodaway Valley Bank—the original hometown bank—has survived many ups and downs. Through the Great Depression, two World Wars, floods and droughts, believing that what is good for their customer and what is good for the bank is one in the same. As we celebrate this milestone, we look to the future with hope and confidence.

A bank with family values! We have been locally owned and managed since 1868. NVB has been serving the needs of Northwest Missouri’s citizens for a century and a half.

 

Nodaway Valley Bank
402 N Belt Hwy
St. Joseph, Missouri 64506
Q5CW+29 St Joseph, Missouri
https://goo.gl/maps/jaC3BXxibnX8t36o6