Fulfilling all your banking and insurance needs in the Valley of Paradise!

Welcome to Oak Creek Valley Bank (established in 1899), a community bank that has been serving the financial needs of individuals and businesses in Valparaiso and its surrounding area in Southeast Nebraska for over 100 years. We are proud to serve our customers with the absolute best in personal service. We offer a wide variety of products and services including many deposit, loan and insurance products. Our experienced staff has over 200 years of combined experience and are eager to help you in any way we can.

The Valparaiso Insurance Agency is also located within the bank. We represent a carefully selected group of insurance companies in the industry. We can place your policy with a company that offers excellent coverage and claims service at a competitive price. We have several qualified agents available to assist you with all of your insurance needs.

The growth and strength we are experiencing would not be possible without the trust and support of all of our loyal and dedicated customers. We look forward to serving you in the future with the same quality customer service you have come to know and expect from Oak Creek Valley Bank and Valparaiso Insurance Agency.

Oak Creek Valley Bank Timeline


On March 4, 1899, in Valparaiso, Nebraska, the Oak Creek Valley Bank Inc. was authorized to transact the business of a Commercial Bank.


Due to the depression, Oak Creek Valley Bank closed its doors on March 15, 1930, but was reorganzied and re-opened on July 26, 1930 with new officers and new directors.  The officers were James W. Pokorny, President, R.E. Novak, Cashier and J.V. Roh, Assistant Cashier.  The first board of directors of the newly reorganized bank consisted of mainly J.W. Pokorny, B.G. Gerdes, E.E. Placek, B.E. Hendricks and R.E. Novak.


Oak Creek Valley Bank underwent new ownership as A.S. “Chico” Chaves and Eldon G. Freudenburg became new owners.  James T. Margrave became the new managing officer of the bank.


John C. Barry, who was employed by the bank became the managing officer of the bank.


The bank’s ownership changed again in 1975 when Mr. Chaves sold his shares to the other directors.


Due to tremendous growth of the bank, the original building became too small and a new facility was constructed.  The building opened on March 31, 1980 and is located one block east of the old one.  The former bank building was donated to the town and the Valparaiso Public Library now occupies the site.


Oak Creek Valley Bank was purchased by Jones National Corporation of Seward.


Oak Creek Valley Bank launches a striking new website.


As the banking industry in Nebraska continues to evolve, Oak Creek Valley Bank remains financially strong and devoted to our customers.