Bank aims to raise profile in west Omaha with 5-story office building at Heartwood Preserve | Money

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“We felt a large commitment like this is going to make more customers and future employees realize that Union Bank & Trust is committed to Omaha,” Weinandt said.

Among the building’s amenities is a nearly 5,000-square-foot third-floor terrace that will be a common area. The fifth floor will have a smaller terrace for UBT. Weinandt expects about 40 bank employees to be based at the new site.

With a history dating to 1917, UBT was founded as Farmer’s State Bank, and its officials describe it today as the third-largest privately owned bank in Nebraska. It’s owned by Nebraska’s Dunlap family.

A growth spurt in the past decade took the bank from $2.5 billion to $5.4 billion in assets, and $8.5 billion to $27.5 billion in trust assets, Weinandt said. UBT has about 950 employees and 38 full-service and loan offices in Nebraska and Kansas.

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