NORFOLK, Neb. – Great Plains State Bank, with four locations in Nebraska, has pledged support for the iHub project to construct an innovative, community-focused facility in Norfolk.
“Because we are a staple of the communities in which we serve, we can think of no better way to support our area college and its impact on our region,” said Great Plains CEO/President Rick Chochon.
Chohon said the bank first opened its doors as Petersburg State Bank in 1921 and expanded in 2016, culminating in the rebranding to Great Plains State Bank. Great Plains State Bank boasts a workforce of more than 45 individuals and has seen remarkable growth, amassing nearly $365 million in assets within a span of eight years.
“Great Plains State Bank has always had a personal interest in the communities in which we live and work,” Chohon explained. “We are deeply committed to making a positive difference and contributing to the well-being of the communities we serve in Columbus, O’Neill, Petersburg, and Omaha.”
The total iHub project cost is expected to be $8.5 million. Initial funding came from a $3.4 million grant from the U.S. Economic Development Administration and a $750,000 Community Project Funding Request from U.S. Representative Mike Flood. After accounting for the initial investment of institutional matching funds for some equipment and the purchase of the facility, the remaining gap is $2 million.
The pledge from Great Plains Bank brings the iHub closer to that $2 million goal to complete the facility's construction and enhance science, technology, engineering, and math (STEM) education opportunities in the local community while fostering local economic growth.
Erin Sorenson, director of iHub, said the iHub will make use of state-of-the-art resources and partnerships to provide training, hands-on learning opportunities, and career pathways for young talent and the local workforce alike.
“The iHub is committed to empowering our 20-county region by fostering innovation, expanding access to education, and creating pathways for success,” Sorenson said. “Through youth outreach, workforce development, and cutting-edge initiatives, we aim to strengthen local industries and inspire the next generation of leaders.”
The iHub also aims to bridge education and industry, meeting regional workforce needs and supporting community enhancement.
This project will serve as a transformative center for Norfolk and its 20-county region, promoting growth and opportunity in key technological fields. The new facility is located at 707 W. Norfolk Ave. in Norfolk. Construction began in October 2024, and the facility is expected to be complete by Spring 2026.
The college recently announced a leadership gift for the iHub of $250,000 from Nucor Divisions in Nebraska. Other manufacturers, employers, and financial institutions are also being asked to support the project with fundraising efforts continuing through the spring.
For more information on the iHub Campaign, contact Tracy Kruse at foundation@northeast.edu or call 402-844-7240. Online donations are being accepted at northeast.edu/give. Checks may also be mailed to the iHub Campaign, Northeast Community College Foundation, P.O. Box 469, Norfolk, NE 68702-0469.
Parkway Branch
Great Plains State Bank has pledged $25,000 to the iHub in downtown Norfolk. (Courtesy photo)
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