Our History

After nearly a century of building solid relationships with customers by providing quality insurance and financial products, in 2007 Mutual of Omaha decided to capitalize on its experience, reputation and resources to build and grow a highly successful banking operation.

Early in 2007, Mutual of Omaha formed a subsidiary called Omaha Financial Holdings, Inc. (OFH) with the purpose of creating a dynamic, high-performing banking entity. Right away, OFH President and CEO Jeff Schmid began assembling a team of the best local professionals in the banking business to begin working on a strategy. Armed with consumer research and decades of experience, the bank team came up with a recognizable name – Mutual of Omaha Bank.

Today, Mutual of Omaha Bank has established a strong presence with 42 locations in Arizona, Nevada, California, Nebraska, Colorado and Texas and more than $4 billion in assets.