FNBO Direct

P.O. Box 3707
Omaha, NE 68103-0707
1-877-370-3707
Open a Savings Account
Since 1857, First National Bank Omaha has been growing steadily. Originally, FNBO Direct was a small institution, serving only Omaha, Nebraska, and the immediate area. Now, FNBO, a subsidiary of First National Nebraska, serves 6.6 million people all over the country. First National Nebraska is a multi-state holding company, and is the largest privately owned banking company in the U.S.

FNBO offers products that are in line with what you would expect from such an institution: checking accounts, savings accounts and CDs. FNBO also issues Visa branded rewards credit cards. FNBO offers consistently competitive yields on deposit accounts, and a fairly low variable interest rate on its credit card.

In addition to online billpay, FNBO also makes use of Popmoney, which allows you to send payment from your bank account directly to someone else with the help of a text message. You can also receive payment via Popmoney directly to your bank account. The FNBO web site features a number of helpful and educational tools, including a wide array of calculators. One of the most interesting is a calculator that will help you see how long it will take you to save up $1 million.

Related Posts

FNBO Direct Savings Account Rate Cut & FYI On The Savings Account Promo (Forum) - 9/29/2011

The online savings account APY fell from 0.85% to 0.70%. The Billpay Account APY also fell from 0.85% to 0.70%. For those who qualified for the savings account promo, you should be receiving 1.35% APY for the next 6 months starting on October 1st. I

FNBO Direct's Special Offer for Existing Customers and Keeping Accounts Open - 7/13/2011

FNBO Direct notifed its savings account customers on July 1st of a new savings account promotion. This appears to be a good deal for existing FNBO Direct customers. For those who are not customers, it ...

Special Rate Offer From FNBO (Forum) - 7/1/2011

It's easy to earn a great rate on new money! To qualify, make a deposit of $50 in each of the months of July, August and September into your account. Beginning in October, you'll earn 1.35% APY* on the money above what your balance was on close of

FNBO Direct Cuts Savings Account Rate To 0.85% (Forum) - 6/9/2011

The savings account rate fell today from 1.00% to 0.85%. The same rate cut also was done to its Online Bill Pay account. It's hard to believe this savings account once paid 6.00% APY back in 2007. That's 7x the current rate.

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See Rates for: Checking | Savings | CD

FNBO Direct Checking Account Rates

ApyMinMaxProduct
0.70%-$1mOnline Billpay

FNBO Direct Savings Account Rates

ApyMinMaxProduct
0.70%--Online Savings
Start SavingSponsored Note: Named Best Place to Park Your Emergency Cash by Money Magazine.

FNBO Direct CD Rates

ApyMinMaxProduct
1.75%--60 Month CD
1.40%--48 Month CD
1.15%--36 Month CD
0.75%--24 Month CD
0.50%--18 Month CD
0.40%--12 Month CD
0.31%--9 Month CD
0.25%--6 Month CD

Rates updated: 2/8/2012

Data for Q3 2011


Institution Statistics


First National Bank of Omaha
FDIC Certificate #5452
BankRate ReportView
Year Established1857
Employees3695
Primary RegulatorOCC

Assets and Liabilities

Assets$13.16 billion
Loans$8.56 billion
Deposits$10.51 billion
Equity Capital$1.42 billion
Loan Loss Allowance$306.80 million
Unbacked Noncurrent Loans$193.11 million
Real Estate Owned$50.27 million

Historic Data - September 2010

Assets$13.13 billion
Equity Capital$1.25 billion
Loan Loss Allowance$529.01 million
Unbacked Noncurrent Loans$367.71 million
Real Estate Owned$61.28 million

Profit Margin - Quarterly

Net Interest Margin6.13%
Return on Assets1.57%
Return on Equity15.1%
Interest Income$583.70 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio4
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 FNBO Direct had $243.38 million in non-current loans and owned real-estate with $1.73 billion in equity and loan loss allowances on hand to cover it. This gives FNBO Direct a Texas Ratio of 14.08% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for FNBO Direct decreased significantly from 24.10% as of September 30, 2010 to 14.08% as of September 30, 2011, resulting in a positive change of 41.60%.This indicates that the balance sheet and financial strength for FNBO Direct has improved significantly in recent periods.
Deposit Growth5
In the past year, FNBO Direct has increased its total deposits by $749.86 million, resulting in 7.68% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth FNBO Direct has shown is excellent.
Capitalization5
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. FNBO Direct has $13.16 billion in assets with $1.73 billion in equity, resulting in a capitalization level of 13.14%, which is excellent.
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