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Great Western Bancorporation, Inc. · Omaha, NE United States

Company Description

9290 W. Dodge Rd. Ste. 203
Omaha, NE
68114
United States (Map)
Phone: 402-952-6000
Fax: 402-333-8339
Toll Free: 800-421-8339
    Great Western Bank operates more than 100 branches in Iowa, Kansas, Missouri, Nebraska, and South Dakota, as well as Arizona and Colorado (a market it entered in 2009). Founded in 1907, the bank offers standard services including checking and savings accounts, CDs, and IRAs. Commercial mortgages, construction and land loans, business loans, farm loans, and residential mortgages make up the bulk of the bank's loan portfolio. Great Western also offers wealth management, trust, investment, and private banking services. To establish itself in the US, National Australia Bank bought the company in 2008 for nearly $800 million. To read the full description, subscribe now.
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    Key Great Western Bancorporation, Inc. Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndJune
    Employees540

    Great Western Bancorporation, Inc. Executives

    10 executives listed for Great Western Bancorporation, Inc.'s Omaha, NE location.
    TitleName & BioContact
    President and CEOJeffory EricksonNetwork
    EVP Retail and OperationsDoug TribbleNetwork
    CFOKevin RoadnightNetwork

    Competition

    Competitive Landscape for Great Western Bancorporation, Inc.
    Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.
    Top Great Western Bancorporation, Inc. Competitors
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