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FINANCIAL | Retail Banking

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Debt | Alive

Total Raised


Last Raised

$12M | 2 yrs ago

About First Gothenburg Bancshares

First Gothenburg Bancshares is a Nebraska full-service bank operating under 1st State Bank.

First Gothenburg Bancshares Headquarter Location

914 Lake Avenue

Gothenburg, Nebraska, 69138,

United States

Latest First Gothenburg Bancshares News

Teledraft's Holding Company Acquires Stake in First Gothenburg Bancshares

Oct 9, 2019

September 20, 2006 06:01 PM Eastern Daylight Time TEMPE, Ariz.--( BUSINESS WIRE )--Sept. 20, 2006--Teledraft Inc. today announced that its holding company has completed its acquisition of a minority stake in privately held First Gothenburg Bancshares Inc., a Nebraska full-service bank. Financial details of the deal were not released. "With this announcement and the announcement three weeks ago regarding Pacific Coast Mortgage, we are beginning to see the key areas of our business plan take hold," said Al Slaten, president of Teledraft. Slaten further commented, "We should have another announcement in a few weeks in regard to Teledraft's completion of a pending transaction to acquire controlling interest in another payment processing company." About Teledraft Inc. Teledraft Inc. is a privately owned electronic payment processing company based in Tempe, Ariz., specializing in high-risk ACH processing for businesses. Teledraft's core business is to processes payment requests for third-party companies by offering unparalleled solutions in the ACH industry. More information about Teledraft can be found at .

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