First National Bank of Omaha acquires SAF Holdings and AmeriFirst | Local Business News
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First National Bank of Omaha announced Friday that it has acquired SAF Holdings and SAF’s Omaha subsidiary AmeriFirst Home Improvement Finance.
AmeriFirst will keep its name and operate as a division of FNBO, according to a press release. Existing AmeriFirst employees will become FNBO employees. A spokesman for FNBO declined to disclose the price of the acquisition.
A press release from FNBO said AmeriFirst is a leading originator and servicer of consumer home improvement loans in a nearly $150 billion market. FNBO’s acquisition will allow the banking entity to expand its existing point-of-sale lending capabilities and thus add to its credit card and buy now, pay later programs.
“AmeriFirst is very excited to join the culturally like-minded FNBO team,” said Eric Gangloff, CEO and chairman of SAF Holdings and AmeriFirst CEO.
First National Bank of Omaha is the primary banking subsidiary of First National of Nebraska, which has nearly $30 billion in assets and 5,000 employees at more than 100 locations, including affiliates, in eight states.
Our best Omaha staff photos & videos of July 2022
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A butterfly drinks nectar from a flower at City Sprouts Community Garden on Friday. The property has been certified by the National Wildlife Federation as an official Backyard Wildlife Habitat site because it provides the four basic habitat elements needed for wildlife to thrive: food, water, cover, and places to raise young.
A family of ducks swims across the pond at Fontenelle Park on Saturday evening.
A man fishes at Spring Lake Park on Saturday.
Barrels remain at the site the site of Nox-Crete located at 1415 S 20th which burned to the ground on May 30th, 2022.
A newly renovated building at 24th and Ohio Streets is part of the historic North 24th Street business district that is undergoing a revitalization.
CharDale Barnes poses for a portrait next to his business, Stable Gray, in a newly renovated building at 24th and Ohio Streets on Tuesday.
Dr. Sarah Woodhouse with the Henry Doorly Zoo & Aquarium gives Vera, a 5-year-old tiger, a COVID booster shot at the safari park.
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