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Ohnward Bancshares history
Ohnward Bancshares company history timeline
First Central's doors opened for business on June 12, 1967, at 914 6th Avenue in DeWitt.
Ohnward Bancshares, Inc. was formed in 1967 by John W. Fagerland and Edward L. Tubbs.
John Fagerland created the Maquoketa Insurance Agency in 1967.
Al Tubbs joined the bank in 1981, further complementing the team.
1992 | Ohnward Bancshares Inc. purchased controlling interest of Baldwin Savings Bank
Diane Claeys joined the Ohnward family in October of 1994, as Lead Agent for the DeWitt Insurance Agency, the name later being changed to the Ohnward Insurance Group.
1999 | Abe Tubbs becomes President and CEO
In December of 2000, a branch opened in Andrew.
2000 | Brig and Abe Tubbs assumed the duties of managing officers of First Central
Kendra Beck, John’s middle daughter joined Ohnward in 2002 following 17 years as a paralegal at the Lane & Waterman law firm in the Quad Cities.
2002 | Preston location opens
2003 l First Iowa Bank is acquired (now office of Ohnward Bank & Trust)
When Tonderum retired in 2003, Ohnward bought out Harlan’s ownership interest and Steve Tubbs became Senior Farm Manager, assisted in management by Dean Engel.
2006 l United Security Savings Bank is acquired (now offices of Ohnward Bank & Trust)
In 2006, Schuettpelz and Ohnward reached agreement for the transfer of ownership to Ohnward Bancshares.
Al served as MSB CEO for many years as well as CEO of Ohnward Bancshares until 2018.
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Ohnward Bancshares competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| FSG Bank | 1999 | $48.1M | 200 | - |
| First Republic Bank | 1985 | $2.3B | 6,295 | - |
| First Merchants | 1893 | $556.0M | 1,918 | 205 |
| WEA Member Benefits | 1972 | $16.0M | 300 | - |
| Republic Bank | 1982 | $819.8M | 1,000 | 12 |
| First Foundation | 1990 | $317.7M | 674 | 14 |
| First Security Bank | 1932 | $150.0M | 901 | 11 |
| Central National Bank | 1913 | $37.4M | 100 | 13 |
Ohnward Bancshares history FAQs
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Ohnward Bancshares may also be known as or be related to Ohnward Bancshares, Ohnward Bancshares Inc and Ohnward Bancshares, Inc.