For more than 162 years, FNBO has envisioned a future where all the communities we call home are strong and successful. Achieving that vision comes with the understanding that every individual must have access to the tools, resources and opportunities to reach their goals and improve their financial well-being. As a strong community bank serving Nebraska, Iowa, South Dakota, Kansas, Colorado, Illinois and Texas, FNBO is uniquely positioned to impact our communities at every level.
“Whether it’s by providing financial advice and guidance, giving loans, investing in community partners, supporting our employees and locally-owned companies, or by taking measures to improve the environment, FNBO has remained steadfast in our focus and commitment to strengthening individuals and communities,” said Alec Gorynski, Vice President, Community Development & Corporate Social Responsibility.
“We also recognize many individuals from historically underserved populations face unique obstacles to financial success. At FNBO, we embrace our responsibility as an employer, bank, and community partner to advance the spirit of belonging, inclusion, diversity and equity. Therefore, we are committed to intentionally and proactively creating pathways to success for historically underrepresented populations including women and/or women of color.”
Empowering women has been a focus of FNBO more many years. Since 2016 alone, we’ve invested more than $3 million with community organizations like Grameen American and Project Self Sufficiency who are successfully empowering females with the strength, confidence and the skills needed lift themselves out of poverty.
Grameen America (Omaha, Nebraska)
In Omaha, 15% of the population is living in poverty. Women in the community are disproportionately affected with 17% of women and 38% of female-headed households with children under 18 living in poverty. Many women dream of owning their own business in order to adequately provide for their families, but barriers to traditional bank financing often prevent them from starting and/or growing their business.
Grameen America is an organization working to make a difference in the lives of low-income entrepreneurial women. Over 98% of their clients are women of color and they all live at-or-below the federal poverty line. Through their branch in Omaha, they offer microloans, financial education and credit-building services to transform communities and fight poverty in the United States. Since June 2009, Grameen served more than 8,000 women in Omaha and invested more than $115 million in their small businesses.
“Excluded from the mainstream financial system with no financial identity and often independently supporting their families, opportunities for business expansion are difficult to access, if not impossible. Fortunately, that’s where we can step in and help women like Nelly,” said Andrea Jung, President & CEO of Grameen America.
Nelly owns and runs a tax service company, located in Omaha. She offers accounting services, payroll tax returns, notarizations and translations. Married with two children, Nelly initially started her own business to earn a higher income and spend more time with her children. Before becoming a Grameen America member, Nelly tried to obtain a loan from a bank but couldn’t meet the stringent collateral requirements. Then, her friend referred her to Grameen America. At the time, Nelly struggled to afford rent for her office and pay the bills for utilities.