BankFirst - Banks

Bank headquartered in Norfolk, Nebraska · Borrow & Fund

About BankFirst

BankFirst is one of the banks in Nebraska headquartered in Norfolk, where it was established in 1970. The bank operates 14 branch offices across Nebraska, Iowa, and South Dakota. Its holding company is North Central Bcorp Inc, and its primary federal regulator is the FDIC. It reports total assets of $1.21 billion and total deposits of $804.75 million. Clark Froehlich led the bank until 2025, a period in which it grew from a single Norfolk location into an institution with more than a billion dollars in assets. Lance Morrow, a Norfolk native, has been president and chief executive since 2023. Before joining the bank's leadership, he worked as a bank examiner for the FDIC and held several positions within BankFirst. The bank offers checking and savings accounts, certificates of deposit, home loans, and online and mobile banking. Its drive-thru interactive teller machines let customers speak with a live teller. BankFirst states that its aim is to provide sound financial services and to improve quality of life for customers, employees, communities, and shareholders.

Key Facts

Total Assets
$1.21B
Total Deposits
$804.75M
Branch Offices
14
Established
1970
Holding Company
North Central Bcorp Inc
Primary Regulator
FDIC

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