New bank, insurance facility

Friday, May 31, 2013

Carmichael Construction of Hastings, Nebraska, is on target for a Sept. 1 completion date on the new First State Bank and First State Insurance facility in Cambridge, Nebraska. On Wednesday afternoon, Josh Steines worked on new windows, while Orlin Nieto, left, and Ricardo Gutierrez hung dry wall on a new office. The exterior will be stucco and stone. W Design of McCook designed the new 5,400-square-foot facility that will house both the bank and the insurance agency. Reg Warner, president of First State bank and insurance, said the old, separate locations are small. "It will be much more efficient for our staff and for our customers to house our bank and insurance agency in one, more modern facility," he said. Construction started January 1, in the former location of the Cambridge medical clinic in downtown Cambridge. First State Bank has been in Cambridge for 11 years, and First State Insurance, under another name, for 20 years. The bank and insurance agency in Cambridge have five full-time employees. First State has 19 employees system-wide, Warner said, in Cambridge, Arapahoe, Holbrook, Farnam, Gothenburg and Arnold.

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