William W. "Bill" Marshall III - Five Points Bank, Grand Island
William W. "Bill" Marshall III
William W. "Bill" Marshall III was born in Niobrara, Nebraska, in 1944. After moving to Grand Island in 1959, Marshall excelled both academically and athletically at Grand Island Senior High. He played football, excelled on the basketball court, earning “All-Class,” “All-State” honors, and threw the shot put and discus for Grand Island Senior High’s 1962 State Champion Track and Field Team. After high school, he graduated from the University of Nebraska-Lincoln in 1966 and the University of Nebraska College of Law in 1969.
After practicing law in Omaha, Bill’s father, William W. Marshall Jr., persuaded him to help start a bank in Grand Island, and in September of 1971, Five Points Bank opened. Under Bill’s direction and guidance, the bank enjoyed tremendous growth and success. Today, Five Points Bank has evolved into the sixth largest Nebraska-based bank holding company with over 1.6 billion in total assets. Not only has the bank grown in assets, but it has expanded its presence with locations in Hastings, Kearney, Omaha, LaVista, Lincoln and Sumner.
Marshall’s mantra was, “You have to pay rent for the space you take.” He lived out this mantra through his involvement and financial support of various projects and causes. He helped to raise funds for the building of the Heartland Event Center, College Park and the movement of the Nebraska State Fair from Lincoln to Grand Island. Locally, he served as president of the Industrial Foundation, the College Park Board of Directors and the Grand Island Community Foundation. In 2004, he served as chairman of the Heartland United Way Annual Fund Drive. He also served on the Grand Island School Board and on the Grand Island Chamber of Commerce Board of Directors. On a state-wide basis, Marshall served as president of the Nebraska Bankers Association and as a member of the Nebraska State Board of Education. Most recently, he served on the Hastings College Board of Trustees and on the Nebraska State Fair Board.
In recognition for his dedication to community efforts, Marshall was named the Grand Island Daily Independent “2013 Man of the Year”. In 2015, he was inducted into Grand Island Senior High School’s “Hall of Honor”. Posthumously, he received the “Dick Good Award” from the Grand Island Chamber of Commerce, and most recently, was the named honoree at the Grand Island Community Foundation’s Annual Legacy Event.
Bill was married to his wife, Sharon, for 45 years. They had two daughters, Kara and Kristen, and six grandchildren, Katherine, Carolyn, Kate, Tommy, Will and Jack.