pasture land with dirt trail and setting sun in blue sky

Our Story

Flatwater Bank has been pioneering banking since 1902. We are proud to be family-owned and work hard to offer our customers the very best in community banking. We want the communities we live and work in to be strong. We want a place where kids can return to work, where people can start and grow businesses, and neighbors reach out to lend a hand.

This is why financial education and volunteerism are such important parts of our mission statement. We teach students of all ages the importance of being financially fit and help them take the necessary steps to meet their full financial well-being.

It's also why we share our best asset, our employees, through volunteerism. We are proud that the employees of Flatwater Bank donate their time and talents locally to make our communities better.  
Flatwater Bank, was founded in 1902 and originally formed to help finance local farmers.  HL Williams was President of the bank from 1902-1917.  In 1915, Gothenburg National Bank became Gothenburg State Bank.  Harry Williams, Jr. served as President of the bank from 1917-1965.  Robert M. Williams became President and served in this capacity from 1965-1973.  Current, Board Chairman, Matt Williams (great grandson of founder HL Williams) served as President of the bank from 1973 - 2015.  Luke Rickertsen became President in 2015 and continues to serve in this capacity.  We are proud to continue the tradition of being a locally owned family bank.

In 1999, our Brady Branch was purchased.  In 2018, Gothenburg State Bank purchased Security State Bank in Ansley, NE and in 2019 Gothenburg State Bank changed its name to Flatwater Bank. 

On May 8th, 2019, Gothenburg State Bank became Flatwater Bank.  As the bank continued to grow and expand the timing was right for our name to be inclusive of all the markets we serve.  The name Flatwater Bank honors our past, embodies our present, and paves the way for our future.

The name Nebraska, comes from an American Indian term meaning "flat water".  Did you know Nebraska has more miles of river than any other state in the US?  

Two of our most treasured resources in Nebraska are our water and our people.  Flatwater is representative of both.  Flatwater implies calm as opposed to "rapids".  This is also how we approach relationships with our customers and communities; steady and always ready to serve.

We are proud to be a family owned, community bank with hard working mid-western values.