Ohnward Bank & Trust

What Ohnward Bank & Trust does

Ohnward Bank & Trust is a privately held community bank headquartered in the United States, operating as a subsidiary of Ohnward Bancshares, Inc., a bank holding company. The bank serves personal, business, and agricultural customers across the Midwest, emphasizing local decision-making, personalized service, and community engagement. Its product portfolio spans personal checking and savings (including Kasasa interest-earning accounts), mortgage loans, home equity lines, consumer and auto loans, student loans (via ISL Education Lending partnership), credit and debit cards, and private banking; on the business side, it offers business checking and savings, business loans, agricultural loans, business credit/debit cards, treasury management solutions, and merchant services.

The bank distributes through physical branch locations, a self-service online banking platform, iOS and Android mobile applications, and an ATM network, supported by digital tools including mortgage and loan calculators, a budget planner, financial education resources, and an InfoVisa-hosted trust account portal. The underlying technology is standard community-bank infrastructure rather than a proprietary or modular platform architecture. Affiliated operating subsidiaries under Ohnward Bancshares extend the offering into wealth and retirement planning (Ohnward Wealth & Retirement), financial advisory (Ohnward Financial Advisor Services and Vosler Investment Group), insurance (Ohnward Insurance Group), and farm management (Ohnward Farm Management).

Revenue is generated through net interest margin on deposits and a diversified lending book, transaction-based commercial services (treasury management, merchant services), and fees from affiliated wealth, insurance, and advisory businesses. Customer acquisition relies on community presence, local branch-based relationships, social media engagement (Facebook, Instagram, LinkedIn), financial education content, and community involvement such as donation programs. No public financials, funding rounds, or headcount data are disclosed.

Name

Ohnward Bank & Trust

Legal name

Ohnward Bank & Trust

Website

https://ohnwardbank.bank

Company type

Private

Founded year

1903

Operating status

Operating

Headcount range

11–50 employees

Short description

Ohnward Bank & Trust is a privately held Midwest community bank, subsidiary of Ohnward Bancshares, Inc., offering personal, business, agricultural, and private banking services alongside affiliated wealth, insurance, and farm management services through branch, online, and mobile channels.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Finance and Insurance (52), Trusts, Estates, and Agency Accounts (52592), Portfolio Management and Investment Advice (523940)

SIC

Savings Institution, Federally Chartered (6035), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Mutual Savings Banks & Mutual Thrifts (FSABAEAD)

akta.pro secondary industries

High-Net-Worth (HNW) Private Banking (FSABADAB), Onshore Private Banking (Domestic HNW/UHNW) (FSAAABAA), Private Banking & UHNW Wealth Advisory (FSAEABAC), Corporate & Institutional Trust Services (FSAAANAB)

Keywords

• Community banking services
• Retail banking products
• Commercial lending
• Agricultural loans
• Wealth management services

Headquarters

HQ city

Baldwin

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Deposit Services: Traditional deposit products including checking and savings accounts generating revenue through net interest margin and account fees.
2. Lending Products: Mortgage loans, home equity lines, consumer loans, auto loans, student loans, business loans, and agricultural loans generating interest income.
3. Commercial Services: Treasury management solutions and merchant services for business customers.
4. Wealth Management: Private banking and wealth & retirement services offered through affiliated companies.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Ohnward Bank & Trust is a community bank providing deposit products (checking and savings), consumer and business lending (mortgages, home equity, auto, student, agricultural, and business loans), credit and debit cards, treasury management, and merchant services. It also offers private banking and wealth management through affiliated companies under parent holding company Ohnward Bancshares, Inc., with local decision-making enabling swift loan approvals.

Product overview

Ohnward Bank & Trust is a community bank offering a comprehensive suite of traditional banking products and services. The core offerings include personal banking (checking, savings, mortgage loans, home equity loans, consumer/auto loans, student loans, credit/debit cards, online banking, and private banking) and business banking (business checking, business savings, business loans, agricultural loans, business credit/debit cards, business online banking, treasury management solutions, and merchant services). The bank also operates affiliated companies including Ohnward Wealth & Retirement, Ohnward Financial Advisor Services, Ohnward Insurance Group, Ohnward Farm Management, and Vosler Investment Group, all under parent holding company Ohnward Bancshares, Inc. Digital services include online and mobile banking, mortgage/loan calculators, financial education resources, budget planning tools, and trust account access. The portfolio represents a unified community banking offering rather than a modular platform architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts Personal checking accounts, including Kasasa Rewards Checking, an interest-earning checking product with competitive rates and benefits, designed for individual consumers seeking everyday banking with rewards.
• Personal Savings Accounts Savings accounts for personal banking customers offering competitive interest rates to support household savings goals.
• Mortgage Loans Home financing with personalized service, local decision-making, and swift approvals for residential mortgage borrowers.
• Home Equity Loans and Lines of Credit Loans and lines of credit that convert home equity into funds for projects, expenses, or other opportunities, served by local lenders.
• Consumer and Auto Loans Personal loans for vehicles, boats, RVs, ATVs, vacations, and personal projects, including auto loan financing.
• Student Loans Private student loan options offered in partnership with ISL Education Lending to provide flexible supplemental education financing.
• Personal Credit and Debit Cards Personal credit and debit card products for individual consumers managing everyday spending and borrowing.
• Private Banking Personalized private banking services for high-net-worth individuals, supported by dedicated private bankers.
• Personal Online and Mobile Banking Digital banking platform with iOS and Android mobile apps for personal account management, bill pay, transfers, and on-the-go banking.
• Business Checking Business checking accounts designed to accommodate the daily banking needs of companies.
• Business Savings Savings accounts to support business financial management and reserves.
• Business Loans Loans for business growth, operations, and capital needs.
• Agricultural Loans Specialized loans for agricultural operations and farming needs, including seasonal financing, land, and equipment purchases.
• Business Credit and Debit Cards Credit and debit card solutions tailored for business banking customers.
• Business Online Banking Digital banking platform for business account management, transfers, and bill pay.
• Treasury Management Solutions Services for managing business cash flow, payments, and financial operations.
• Merchant Services Payment processing and merchant services for business transactions.
• Ohnward Wealth & Retirement Wealth management and retirement planning services offered through the affiliated Ohnward Wealth & Retirement company.
• Ohnward Financial Advisor Services Financial advisory services delivered through Ohnward Financial Advisors, an affiliated company.
• Ohnward Insurance Group Insurance products and services delivered through the affiliated Ohnward Insurance Group.
• Ohnward Farm Management Farm management services for agricultural operations, delivered through the affiliated Ohnward Farm Management company.
• Vosler Investment Group Investment services delivered through the affiliated Vosler Investment Group.

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• ISL Education LendingcoreStrategic or Co-development PartnerOhnward Bank & Trust partners with ISL Education Lending to offer flexible supplemental private student loan options. This partnership provides students with access to education financing through the bank's lending services.

Scale indicators1 record

Recent moves4 records

Expansion highlights5 records

Direct peers

• Lake City Bank: Indiana-based community bank with similar Midwest footprint, agricultural lending focus, and full personal/business banking suite. Closely comparable in scale, product mix, and community-bank positioning.
• QCR Holdings: Multi-state Midwest community bank holding company with community-bank charters in Iowa, Illinois, Missouri, and Minnesota — comparable in scale, geographic Midwest focus, and full-service commercial banking model.
• First Merchants Corporation: Indiana-headquartered community bank holding company serving personal, business, and ag customers with similar product breadth across commercial, mortgage, and wealth management.
• Mercantile Bank Corporation: Michigan-based community bank offering personal, business, and mortgage banking with comparable branch-led, relationship-driven model serving a similar Midwest regional market.
• German American Bancorp: Indiana and Kentucky community bank holding company offering personal, business, ag, and wealth services in the Midwest with comparable branch-based and digital delivery model.
• Independent Bank Corporation: Michigan community bank holding company delivering personal, business, and mortgage lending across a Midwest footprint with similar scale and product set.
• West Bancorporation: Iowa-based community bank holding company operating West Bank with comparable community banking model, Midwest geographic exposure, and personal/business product suite.

Broad incumbents

• Commerce Bank: Midwest-headquartered (Kansas City) commercial and consumer bank with community-oriented positioning and significantly larger scale; comparable business model but operates as a broader incumbent.
• Heartland Financial USA (HTLF): Larger Midwest and Western U.S. community bank holding company operating multiple charters with community-banking approach but at greater scale; broader portfolio makes it a broader incumbent peer.

Regional players

• Cullen/Frost Bankers: Texas-headquartered community bank holding company with similar full-service personal and commercial banking model; comparable in community-banking philosophy but operates in a different primary geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/OhnwardBank
• LinkedInlinkedin.com/company/ohnward-bank-&-trust/?viewAsMember=true
• Instagraminstagram.com/ohnwardbanktrust

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ohnward Bank & Trust