Cornhusker Bank began its storied history in 1903 as Farmers State Bank, located in Davey, Nebraska in northern Lancaster County. Our original fourteen stockholders invested eight thousand dollars in capital, elected officers, fixed the Cashierâ€™s salary at fifty dollars per month, and opened for business on August 24, 1903.
Throughout the communities we serve, Pinnacle Bank is known for our strength, stability, service and values. Weâ€™re a family-owned bank holding company that traces our history back to 1938 in Palmer, Nebraska. During the Great Depression, Palmer, a town of 420 people, needed a bank.
In 1887, the railroad route between Fairmont and Chester was staked out, and four individuals, Frank Bruning, Friedrich Bruning, Heinrichs Voss, and John Carroll, donated twenty acres for a new town site on that route.