The Stromsburg Opportunity

By 1958, Chick felt comfortable having Wilbur in charge of the Wood River operation in his absence. So, Chick and Dr. Bilon started looking for another bank to buy. Elmer Nordlund of the Stromsburg Bank needed to sell due to old age. When they learned of this they jumped at the opportunity, buying the bank and 50% of the Nordlund-Johnson Insurance Agency in May of 1958. Chick became President of the bank, and Warren E. Johnson assumed the role of Executive Vice President and loan officer at Stromsburg. Chick spent several days in Stromsburg each week assisting Warren with credit decisions. Warren retired from the bank in 1986 as President, and became Chairman of the Board, remaining a close friend and confidant to the local management teams that have followed. The Johnson family continues their ownership interest in Heritage Group Inc. to this day. Bob Moyer joined the Stromsburg Bank in 1981, leaving employment with the Federal Deposit Insurance Corporation to join the family business. He was instrumental in that bank’s survival of the Ag crisis, putting in countless hours of hard work and dedication to both the bank and the community. He led the Stromsburg Bank then served as the company’s Chief Financial Officer until early 2000′s, and later led the St. Paul office prior to his retirement.

The Heritage Story
Then and Now
Chick Moyer: The Early Years
Chick’s War Years
Chick Moyer: College & First Career
Wood River: The Value of Friendship
From Steel Country to Corn Country
Building the Team in Wood River
The Stromsburg Opportunity
Opportunity in Aurora
Heading North to Neligh
Growing into Grand Island
Three Became One
City National Bank in Hastings
Kearney Completes Tri-City Operations
Acquisition of Sherman County and Howard County Bank
Heading Northwest into the Sandhills
Peoples-Webster County Bank Acquisition
Leading the Company Forward
$100 Million Reasons to Invest with Heritage Bank
Technology’s Influence on the Industry
More Than Just a Bank
“The Best is Yet to Come”