Business Savings
Ohnward Bank & Trust savings accounts are designed for any business - of any size
We are always here to help your business. We offer a variety of business savings accounts to fit your specific needs and offer online resources to help you manage them.
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Certificate of Deposit Account Registry Services (CDARS)
Using CDARS, Ohnward Bank & Trust can provide customers — with CDs in excess of the current FDIC limits — access to additional insurance coverage by distributing customer funds among other FDIC-insured banks. All of this can be accomplished through one portfolio at Ohnward Bank & Trust and without sharing confidential information with other banks
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Certificates of Deposit
Certificate of Deposit (CD's) are a fixed rate, safe, secure deposit.
Benefits
- Flexible maturities from 6 months to 5 years
- Interest compounded and credited semi-annually
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Premier Money Market
Designed exclusively for sole-proprietors, non-profits, and government entities.
Benefits
- Tiered interest rate paid on entire balance based on account's collected balance
- Minimum opening deposit of $2,500.00
- Interest computed on the daily balance method
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Daily Savings Account
Benefits
- Minimum opening deposit $100.00
- Deposits can be made in person, by mail or directly deposited
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Other Deposit Accounts
Sweep Account
Sweep Accounts are cash management accounts designed to provide a higher rate of interest on excess funds. Automatic transfers of funds in excess of the target amount are invested on a daily basis. The target balance in checking is not interest bearing.
Repurchase Agreements & Repo Sweeps
Ohnward Bank & Trust offers the repurchase agreements as an alternative to certain sweep and investment products. Deposits under this agreement are not FDIC insured but are instead protected or collateralized by providing a security interest in a U.S. Treasury or Agency security owned by the bank.
By phone, email, or in person, our Ohnward Bank & Trust team will go the extra mile in helping you with your financial goals. Please visit or contact our team members listed below. Please do not send sensitive or personally identifiable information via unencrypted email to our team. It is not a secure way to send any information. Thank you.
Baldwin

Janet Scott
jscott@ohnwardbank.com
563-852-7696
Cascade

Mary Finzel
mfinzel@ohnwardbank.com
563-852-7696
Central City

Madison Kruger
mkruger@ohnwardbank.com
319-438-6001
Marion + Cedar Rapids

Cindy Corkhill
ccorkhill@ohnwardbank.com
319-363-0261

Wes Keene
wkeene@ohnwardbank.com
319-373-1371
Monticello

Kiana Secrist
ksecrist@ohnwardbank.com
319-465-2311 x3211

Suzan Ehlers
sehlers@ohnwardbank.com
319-465-6173 x3213

Maureen Sweeney
msweeney@ohnwardbank.com
319-465-6173 x3212

Larissa Holub
lholub@ohnwardbank.com
319-465-6173 x 3225

Charli Pestka
cpestka@ohnwardbank.com
319-465-6173