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NP's Newest Bank Open for Business
By Mark Young
The North Platte Telegraph
With its first dollar of profit presented by the North Platte Chamber of Commerce and Development Corporation, Sandhills State Bank officially opened its doors on Wednesday as North Platte's newest business. Bank President Ted Klug Jr., cut the ribbon to open the bank's doors during a packed house ceremony.
Klug became part of the plans to open a Sandhills branch in North Platte in April, saying that it was an opportunity that he could not pass up.
"It's not just about moving from one bank to another," said the experienced banker. "It's the opportunity it presents and I have ownership in this bank, which is important to me and hopefully important to our customers."
Klug said the bank will have a specific emphasis, but will think community when it comes to doing business.
"The focus of the bank is agriculture producers in the Sandhills, which I think fills a need, but we are still a community bank that will address the needs of consumer of lending and main street businesses," he said. "Focusing on the community you are in is an important part of any operation."
Klug said his goals are simple when it comes to the future of Sandhills State Bank.
"We want to grow, but to grow conservatively and safely," he said. "We want to be profitable and provide great customer service by providing our customers with everything they need."
Sandhills State Bank received full-service status a few weeks ago, along with their state and federal FDIC. As of Wednesday morning, Sandhills State Bank, located at 803 S. Dewey, was open for business.
Ted Klug Jr. (center), president of the new Sandhills State Bank in North Platte cuts the ribbon to officially open the new branch on Thursday.