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News

ARTICLE

Date ArticleType
10/14/2020 9:17:04 PM Member News

ABA ranks Ohnward Bancshares, Inc. in top 100 for ag lending

Ohnward Bancshares, Inc. financial institutions ranked in the American Bankers Association’s top 100 list for farm lenders by dollar volume.

The institutions – First Central State Bank, Maquoketa State Bank and Ohnward Bank & Trust – ranked 90th in the country for agriculture lending by dollar volume in the second quarter of 2020.

Ohnward’s roots were built through helping the eastern Iowa and western Illinois agricultural community, Ohnward Bancshares, Inc. President Abram Tubbs said.

“Helping farmers and those involved in the agricultural community is something we’ve always been passionate about,” Tubbs said. “We will continue to build relationships and help foster a successful future for our area farmers.”

A total of 14 Iowa banks made the national list, with just five of those located in eastern Iowa. Wells Fargo topped the national list for the second quarter.

Ohnward Bancshares, Inc. President Brigham Tubbs credited Ohnward team members with maintaining personal relationships, while also providing service in a professional and efficient manner.

“This really speaks to a team effort, and how we continue to prioritize our clients’ well-being,” Brigham said. “We know how much hard work goes into farming, so we work together to create a strong partnership that will last for years to come.”

Across the company, Ohnward Bancshares, Inc. has 18 agriculture lenders. They include Leo McGarry, Matt McGuire, Scott Wiley, Kathy Sellnau, and Tyler Vandendooren at First Central State Bank; Jan Kahler, Joel Lasack, Brian Nabb, and Laura Farrell at Maquoketa State Bank; and Ken McDermott, Dave Tabor, Robb Wessels, Pat Recker, Nick Miller, Dave Kehoe, Dave Tabor, Don Green, and Eric Heims at Ohnward Bank & Trust.

Ohnward Bancshares, Inc., a billion-dollar plus holding company with 18 financial offices in Eastern Iowa including Maquoketa State Bank with offices in Maquoketa, Andrew, and Preston; Ohnward Bank & Trust with offices in Baldwin, Cascade, Monticello, Marion, Central City and Cedar Rapids; First Central State Bank with offices in DeWitt, LeClaire, Clinton, Goose Lake and Eldridge. Trust services are offered through all banking offices under the Ohnward banner, which includes Ohnward Insurance Group, Central Realty, Ohnward Financial Advisor Services, Ohnward Farm Management, Ohnward Tax, Accounting and Business Services, Vosler Investment Group and Ohnward Wealth & Retirement.

Ohnward Bancshares, Inc., has assets of $1.3 Billion, capital of $170 Million and employs over 260 full and part time employees.  Ohnward is locally owned by shareholders living primarily in Jackson, Clinton, Scott, Jones, and Linn Counties. Bank management’s focus continues to be helping clients and communities grow and prosper.  The banks and ancillary businesses have a strong record of community and economic development, and educational and cultural support within the markets they serve.

Marion Chamber of Commerce
1070 7th Avenue | Marion, IA 52302
Tel 319-377-6316 
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