According to the Federal Bureau of Investigation (FBI), Americans over 60 were victims of fraud with annual losses in 2023 totaling more than $3.4 billion. Older adults are frequent targets of scammers who perceive them to be wealthier, less tech-savvy, and less likely to report fraud than other targets. Scams are designed to catch people off guard and manipulate their emotions. One of the most impactful steps you can take to protect yourself from fraud is also one of the simplest: be aware of common scams. Knowing how common scams work can help you spot the warning signs before it’s too late.
About us
Our story began in 1916 when G.D. Adams founded Lemoyne State Bank in Lemoyne, Nebraska. In 1934, the construction of Lake McConaughy and Kingsley Dam caused the town of Lemoyne to relocate. G.D. moved the bank to Brule. The foundation of Lemoyne State Bank remains under the waters of Lake McConaughy. Between 1962 and 1972, Melvin Sr., and Mel (Melvin Jr.) opened four more banks in Imperial, Sutherland, Madrid, and Ogallala. In 1986, revised banking laws permitted the five banks to merge under one name, Adams Bank & Trust, and made its headquarters in Ogallala, Nebraska. Today, Todd and Chad Adams (sons of Mel) serve as Adams Bank & Trust CEO and ADBANC, Inc. President (holding company of AB&T), respectively. Under their leadership, Adams Bank & Trust has grown to well over $1 billion in assets and more than 20 branches in Nebraska, Colorado, and Kansas. Todd and Chad are joined at Adams Bank & Trust by their family members: Melanie (Adams) Washa, On-Call Support (Todd and Chad's sister); Mandy (Adams) Hoover, Chief Financial Officer (Todd's daughter); Jessop Adams, Executive Vice President - Commercial Banking (Chad's son); Benjamin Washa, Contact Center Manager (Melanie's son); Jacob Hovendick, Branch Manager, Raymond James Financial Services (Laurie (Adams) Hovendick's son; Todd and Chad's nephew); and Harrison Adams, Treasury Management Relationship Coordinator (Chad's son). Adams Bank & Trust is a growing commercial bank that is committed to promoting local economic growth through business, agricultural and consumer lending. Providing comprehensive financial services for customers, we offer personal banking, business (commercial & ag) banking, mortgages, and trust services. Since 1916, the bank has continued to remain locally owned and privately held. MEMBER FDIC | EQUAL HOUSING LENDER, NMLS #469371
- Website
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https://www.abtbank.com
External link for Adams Bank & Trust
- Industry
- Banking
- Company size
- 201-500 employees
- Headquarters
- Ogallala, NE
- Type
- Privately Held
- Founded
- 1916
- Specialties
- Commercial Banking, Loans and Deposits, High Interest Checking, Mortgages, Small Business Banking, SBA Lending, Intrafi Services, and Trust Services
Locations
Employees at Adams Bank & Trust
Updates
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Congratulations Wendy for completing this rigorous 2-year program and all that you do for Adams Bank & Trust! 🎉
We had an outstanding class last week at our Advanced School of Banking, Year 2! Twenty-six banking professionals from Kansas and Nebraska completed our two-year management program by participating in the BankExec simulation. A special thank you to our faculty, Cathy Morrissey, Haralson, Perry, and Vicki Kraai, as well as to our outside BOD members, Andrew Clements, Janet Lowell, and Leonard Wolfe. Who says learning (and earning) can't be fun?!?
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Adams Bank & Trust reposted this
Graduated CONO Neighborhood U! Grateful for the opportunity and support of this community.
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Adams Bank & Trust reposted this
Such an incredible night with Travis Thornton for such a wonderful cause! #HSBV thank you for all you do for so many animals in need! Thank you Bonifacio Sandoval and Adams Bank & Trust! Congratulations and thank you to everyone who donated to help raise $375,000 tonight!
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Our amazing Colorado Springs AB&T team out supporting Junior Achievement of Southern Colorado!
Had an amazing time at Stocks on the Rocks with these wonderful ladies! Thank you to Junior Achievement of Southern Colorado for organizing this.
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We love supporting our local communities!
Adams Bank & Trust couldn’t just sit back after hearing Junior Achievement of Southern Colorado burglary story. We reached out to the community & were able to donate multiple gift baskets. #teamworkmakesthedreamwork
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Summer is right around the corner and sun-soaked adventures beckon. There’s a lot to do before you set off on a trip: plan your itinerary, book flights, find hotels, pack your bags. Before you travel, it’s also important to submit a travel notice for your credit and debit cards.
Why (and how to) Notify Your Bank of Travel Plans | Adams Bank & Trust
abtbank.com
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Cell phones have become integral to our daily lives. They connect us to friends and family, social media, schedules, financial accounts, and more. With the right tools, fraudsters can use our cell phones to gain access to this information as well. Learn about cell phone fraud and what you can do to prevent it: https://lnkd.in/gD-itrZj
What Is Cell Phone Fraud? | Adams Bank & Trust
abtbank.com
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Welcome to the AB&T team, Brad! We are excited to have Brad Hugunin join our business banking team as a Commercial Banker. Learn more about Brad and get in touch: https://lnkd.in/gmYYgyBn
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