History

A financier out of England had a loan go bad in the late 1880s.  The collateral for his loan were cattle located in Texas.  The financier hired a man by the name of Reuben Lisco to collect the collateral.  Reuben Lisco collected the cattle and drove them up the Ogallala Cattle Trail, and eventually landed in the Panhandle of Nebraska.  Reuben, employed by the financier, hired ranch hands to take care of the cattle.  He and the ranch hands homesteaded in the area.  One of those ranch hands was Harold Olson.  This was the beginning of what once was the largest ranch in the country.

Reuben Lisco established the town of Lisco, NE, in 1909 and in the same year started Lisco State Bank.  Harold Olson and Reuben Lisco were good friends, and Harold went to work in the Lisco State Bank in 1924.  In 1939, Harold Olson purchased the bank from Reuben.  Harold remained in Lisco, NE, his entire life.  One of his sons, Thomas H. Olson, returned to Lisco after college to run, and eventually purchased the bank.  Chairman, Tom Olson had plans of expansion, and purchased a bank in Dalton, NE in 1966.  The next purchase was a mortgage company in Sidney, NE, in 1984.  This mortgage company was converted to a bank.  This bank was, and continues to be, run by Bruce Batt, another Lisco native.  Tom Olson, Jr. returned to the company in 1993 and is President of Points West Community Bank.

Between the years of 1992 and the present, the company has expanded from its locations in Sidney and Dalton to the current 12 locations.  Points West Community Bank has four Colorado banking locations with two on the eastern Plains and two along the Front Range.  Our bank is well capitalized, with strong asset quality, stable earnings and an excellent customer base.  As a locally owned bank, we understand the customers and the community are the most important part of our company.  We look forward to serving you with our sincere and personal touch.