Ohnward Bancshares, Inc was
formed in 1967 by John W. Fagerland and Edward L. Tubbs. John and
Ed had personally purchased controlling interest in Maquoketa State
Bank in 1966. A year later they formed a bank holding company and
transferred their stock ownership of MSB into the new company. They
selected the unusual spelling of “Ohnward” by combining the latter
portions of each of their first names. Through the years, Ohnward
has grown, but it has always maintained its local ownership and
Today Ohnward owns 100% of Maquoketa State Bank, First Central State
Bank, Ohnward Bank & Trust, Gateway State Bank, and other financial
offices including the Central Insurance Agency, Maquoketa Insurance
Agency, Midwest Management Services, and the Maquoketa Auction Service.
Other affiliated offices include LPL Financial offices in DeWitt
and Maquoketa and the real estate agency of Central Realty in DeWitt,
Ohnward employs over 250 dedicated employees whose single purpose
is to give our clients the best possible service available. Our
vision statement says it all, "Every Day We Will
Make A Positive Difference In The Financial Lives Of Everyone We
Our Cash Management Services team can help any business make better
use of their funds and get the most out of their on-line tools.
Ohnward Financial Advisor Services has a group of professionals
that are well versed in sound investment and money management strategy.