About Custer Federal State Bank
Custer Federal State Bank
Custer Federal was founded by Wm. C. Schaper, a Broken Bow lawyer, and provides people in the surrounding area with affordable home loans and a safe place for savings. Custer Federal opened for business on March 25, 1925, as the Broken Bow Building and Loan Association. The business was conducted from a desk in the back of the A. F. Mackey grocery store north of the railroad tracks on North 10th Avenue. In 1927, Custer Federal moved to the front part of the present Schaper and White Law Office on South 10th Avenue. A federal mutual charter was granted in 1934 and the operation became known as the Custer Federal Savings and Loan Association of Broken Bow.
In 1965, Custer Federal remodeled what was then the Jack & Jill grocery store, and conducted business in what is now the south half of its present building. In 1980, the north half of the building was added. In October 1990, Custer Federal was converted to a stock federal savings and loan association. Custer Federal is owned by area business people and looks forward to continuing to serve the financial needs of the fine people in central Nebraska.
This disclosure relates to the privacy of consumer financial information. Consumer means an individual who obtains a financial product or service from us to be used primarily for personal, family, or household purposes. This disclosure does not apply to customers who have obtained a financial product or service from us for business, agricultural, or commercial purposes.