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Marvin G. Welstead

February 21, 1921 May 25, 2019
Marvin G. Welstead
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Obituary for Marvin G. Welstead

Marvin G. Welstead, 98, passed away at Fremont Methodist Hospital Saturday May 25, 2019. He was born in Fremont, February 21, 1921 and graduated from Fremont High School. He attended Midland Lutheran College, Woodbury College in Los Angeles, and Graduate School at the University of Indiana. He served in WWII with the 2nd Tactical Air Division, 3rd Air Force.

Marvin married Maudie Jean Olson February 21, 1942 in Fremont. Jean passed away July 7, 2009.

He is survived by two sons; Bob Welstead (Tess) of Elkhorn, NE and Dr. Jon Welstead (Karin) of Milwaukee; a brother William Welstead (Vickie) of Waco, TX; grandchildren Katie Adams (Mike), Dr. Jason Welstead (Bethany), Karlan Welstead, Nicholas Christopher (Krysney); great grandchildren Josh Lisko, Zachary and Elizabeth Adams, and great granddaughter Welstead due in June as well as special friends Jean and Ernie Nick. He was preceded in death by beloved wife Jean, grandson William Welstead and great grandsons Gabriel and Nathanael Adams.

He was employed by Equitable Federal Savings Bank from 1946 until his retirement, serving as President and Chairman of the Board. Marvin was past President of the Midwest Savings Conference and the Nebraska League of Savings Institutions. He served on the Board of Directors of the United States League of Savings Institutions and their Executive Committee. He was elected to the Board of Directors of the 10th District Federal Home Loan Bank and subsequently appointed Vice-Chairman by President Nixon.

Marvin was Incorporator and Drive Chairman of the Fremont Community Chest. He was one of the Founders of the Fremont Area Community Foundation and served on the Board of Directors and as President and Treasurer. He was awarded a Life Membership in 1991. He also served on the Board of Directors and as President/Chairman of the Board of the State Chamber of Commerce. Marvin received the Fremont Chamber of Commerce Hall of Fame Award in 2019, the Community Foundation Legacy award in 2018 and was recognized with the Marvin G. Welstead Fund by the Fremont Business Development Council.

After 67 years of marriage, Marvin’s wife Jean passed away from Alzheimer’s disease. He dedicated the remainder of his life to raising monies to fund research to find a cure for Alzheimer’s and to educate Alzheimer’s caregivers. He founded the Fremont Area Alzheimer’s Fund to help raise those funds. During his tenure they raised more than $700,000 in that capacity. He was recognized by the University of Nebraska Medical Center with the Community Service to Research Award in 2018.

Over his lifetime Marvin received many community service awards. He was active in his service to the community he loved. He was trustee of the Methodist Church, trustee of Midland University, Rotary President and Paul Harris Fellow, life member of American Legion and Masonic Lodge. Over his lifetime, he was dedicated to making Fremont a better place to live and work. His dedication will be missed.

A Celebration of life will be held Thursday, July 18, 2019 at 10:30AM at the Kimmel Theatre at Midland University.
Memorials should be directed to the Fremont Area Alzheimer’s Fund at the Fremont Area Community Foundation, 1005 East 23rd St., Suite 2. Fremont, NE 68025.

Condolences may be left at

Dugan Funeral Chapel

To plant a tree in memory of Marvin G. Welstead, visit the Tribute Store.

Previous Events

Celebration of Life




10:30 AM 7/18/2019 10:30:00 AM - 11:30 AM 7/18/2019 11:30:00 AM
Kimmel Theatre at Midland University

900 N Clarkson Street
Fremont, NE 68025

Kimmel Theatre at Midland University
900 N Clarkson Street Fremont 68025 NE
United States

Cemetery Details


Fremont Memorial Cemetery Final Resting Place

800 West 23rd Street
Fremont, NE 68025

800 West 23rd Street Fremont 68025 NE
United States

Memorial Contribution

Fremont Area Alzheimer's Committe


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