Ohnward Bancshares, Inc.
Financial ServicesIowa, United States11-50 Employees
Ohnward Bancshares, Inc. is a bank holding company based in Eastern Iowa that operates through a network of community banks and associated financial services. Its footprint includes Maquoketa State Bank with branches in Maquoketa, Andrew, and Preston; Ohnward Bank & Trust with locations in Baldwin, Cascade, Monticello, Marion, Central City, and Cedar Rapids; and First Central State Bank with offices in DeWitt, Long Grove, Eldridge, Le Claire, Goose Lake, and Clinton. The group holds about $1.1 billion in assets and a capital base near $150 million, and it coordinates trust and related services across its offices through multiple affiliated entities in insurance, real estate, wealth management, farm management, tax and accounting, and investment services. Ohnward is locally owned by shareholders from several Iowa counties and emphasizes support for clients and communities to grow and prosper. In terms of leadership, the company announced the appointment of Jacob Reuter as Chief Financial Officer in 2021, reflecting ongoing executive changes.