Western Nebraska Bank is pleased to announce an agreement to purchase the Paxton, Nebraska branch of Pony Express Community Bank. The acquisition is subject to regulatory approval and expected to be finalized by year-end. Management of both organizations are working together toward a smooth transition. Western Nebraska Bank is owned by Western Bancshares, Inc., a bank holding company led by Michael Kelly of North Platte, Nebraska. Pony Express Bancorp, parent of Pony Express Community Bank, purchased the Bank of Paxton in 2006. Bank of Paxton had been previously owned by the Eginton and Beveridge families since its establishment in 1928.