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About The Almena State Bank
The First State Bank of Almena was chartered on January 1, 1934, following the merger of the First National and Almena State Banks. The bank was run for many years by the Schafer family, who sold their interest to F.S. “Pete” Snyder in 1943. Mr. Snyder served as president and was joined in the business by his son-in-law, Kenneth Chandler, in the mid-1970s. Mr. Snyder retired in the late 1980s and the bank was left under the management of Mr. Chandler, who served as president until his death in 1991. Mr. Snyder passed away the following year. Mr. Chandler’s son, Shad, joined the bank in 1988 and currently serves as president and chairman of the board.
The bank has remained in its original location since its charter in 1934 at 500 Main Street in Almena. The bank’s only robbery occurred at this location in May 1983. The suspect, who was later apprehended, held seven people in the bank at gunpoint and fled with approximately $4,000 in cash after shooting a hole in the bank’s ceiling.
In 1994, the bank changed its name back to the Almena State Bank and branch location was opened in Norton in 1995. The bank celebrated its 75th anniversary in 2009 and continues to build upon its heritage of being an ardent supporter of both community and school events. The bank has donated numerous items to Northern Valley USD 212 over the past several years, including providing bottled water and popcorn sacks for concession stand sales, purchasing a new lawn mower and snow blower for the school, providing use of a portable grill for special events and donating funding towards the purchase of a new football scoreboard, gymnasium mats and flashing school zone beacons. Additionally, many of the bank’s employees are involved in some type of civic activity in the community, from serving on the Chamber of Commerce, City Council, school board, library board or one of the many other organizations in the community. The bank has made a substantial contribution to the Almena Community Center/Library building fund and can often be counted upon to sponsor a Little League team or purchase livestock from a local 4-H member at the county fair.