Sid Dinsdale, a Republican aiming for the U.S. Senate, grew up in Palmer, working summers and evenings in the fields and feedlots of his family’s farm. According to Dinsdale’s website, he saw and learned about farming and banking from his father and grandfather.
Dinsdale is one of four Republican candidates who are aiming for the Senate seat currently held by Mike Johanns.
Johanns is retiring.
Independent rancher and restaurateur Jim Jenkins of Callaway is also running for the seat.
In the 1930s, Sid Dinsdale's grandfather George was a rancher and farmer. After the Great Depression, George was approached by local leaders with the idea of starting a bank in Palmer. He wasn’t at first enthusiastic about becoming a banker, but he recognized the need for a trustworthy local lender. The State Bank of Palmer opened in 1940.
Through the 1950s and 60s, Sid’s father Roy and uncle helped expand the bank to communities around the state.
Dinsdale grew up learning about banking and about the families, farms and businesses of Nebraska around the family dinner table. He heard about challenges and successes, according to his biography.
Dinsdale attended Hastings College for two years and transferred to UNL where he earned a degree in finance. He also completed a leadership program at Harvard University.
He then worked in Pinnacle bank branches throughout the state, learning the business and Nebraska’s community. In 1994, he became president of Pinnacle Bancorp, Inc., a four-bank holding company that includes Pinnacle Bank-Nebraska.
Pinnacle Banks operate in seven states, primarily Nebraska, Colorado and Wyoming. Pinnacle Bank-Nebraska is the second largest family owned bank in the state.
Sid Dinsdale also serves on the boards of directors of the University of Nebraska Foundation, the Methodist Hospital Foundation and Ameritas Life.
The Dinsdale dinner table is still a place where life in Nebraska is discussed and hard work and good works are celebrated, his campaign website says. He said strong Nebraska values can help build a stronger nation.
Sid and wife Dawn have three children.
On the issues
If elected, Dinsdale would strive to repeal the healthcare reform law.
“Since its launch on Oct. 1, ObamaCare has been an enormous debacle,” and would raise the average cost of premiums for a typical family by $3,671, he said.
He called for smaller, measureable healthcare reforms, but did not say what they would be.
Also, he would:
• Help farmers and ranchers manage risk through a strengthened crop insurance program.
• Reform the food stamps program to limit fraud and ensure that those who need temporary assistance can get it.
• Cut spending in Washington. Spending is the problem not revenue, he said.
“The federal government is spending beyond our means and our national debt is growing faster than our economy. It must stop,” he
• Allow the Keystone Pipeline to be built. He said it is a step toward actually achieving the goal of energy independence in the America.
• Secure the borders for both immigration and national security purposes
• Cut taxes, not raise them.
This is part of a Bulletin series on the candidates running for Nebraska's seat in the U.S. Senate. Bart McLeag, Ben Sasse and Jim Jenkins have been previewed in previous reports.