Union Bank & Trust (UBT)(ubt.com) has named Paul Penke Assistant Vice President & Wealth Advisor in the bank’s Wealth Management department. Penke brings 17 years of industry experience to his new role, where he will focus on investment management and financial planning. Penke has previously worked as a Senior Consultant and a Client Portfolio Manager.
In 2006, Penke earned a bachelor’s degree in finance from the University of Nebraska – Lincoln, and went on to earn his MBA from the University of Nebraska at Omaha in 2010. Penke is also a Certified Financial Planner® professional and a past president of the Nebraska Chapter of Certified Employee Benefit Specialists. Outside of his profession, Penke serves on the Omaha advisory committee for the Team Jack Foundation, as an adoption community leader at his church, and as a youth sports coach for his son’s team.
Union Bank & Trust is a privately owned Nebraska bank that offers complete banking, lending, investment, and trust services, in addition to serving as program manager for Nebraska’s NEST College Savings Plan. The bank has 35 full-service and loan production offices in Nebraska, Kansas, and Colorado. It is the third-largest bank in Nebraska, with bank assets of $9.0 billion and trust assets of $45.4 billion as of December 31, 2025.
For more information, contact VP Head of Marketing Sarah Wischhof at (402) 323-1651 or visit ubt.com.