Is Ohnward Bank FDIC insured?
Ohnward Bank & Trust operates as a fully authorized, legitimate financial institution whose customer deposit accounts are protected by the Federal Deposit Insurance Corporation (FDIC) up to the statutory maximum limits established by federal law. This federal insurance backing guarantees that depositors' funds remain secure against institutional failure, offering complete peace of mind for checking, savings, and certificate of deposit accounts just like any other participating mainstream American commercial bank.
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The Woodward family, famously associated with American thoroughbred horse racing royalty and the historic Belair Stud, experienced immense wealth, societal prominence, and profound personal tragedies that captured national headlines.
Ohnward Bank & Trust offers a diverse selection of financial solutions tailored to individual consumers, agricultural operations, and commercial entities.
Ohnward Bank & Trust has a rich, community-oriented banking history rooted deeply in eastern Iowa, tracing its evolutionary origins back over a century through the consolidation of several historic local financial institutions.