Oconomowoc Bancshares Inc. (OCNB)

Overview

Oconomowoc Bancshares, Inc. operates as the parent company of Bank Five Nine, offering a wide range of banking products and services. It is headquartered in Oconomowoc, Wisconsin, positioning itself as a comprehensive financial solutions provider. The company caters to both individual and business clients, ensuring their diverse banking needs are met with professionalism and a personalized approach.

Products and Services

• Checking, Savings, Kids, and Individual Retirement Accounts: These accounts cater to various needs, from daily transactions with a checking account to long-term savings for retirement or for children's future expenses.
• Certificates of Deposit: For customers looking for a fixed-term investment option that offers a guaranteed return, certificates of deposit by the company provide a secure way to grow savings.
• Debit, Credit, and Pre-paid Cards: To facilitate convenient and secure transactions, the company offers a variety of cards. Each card type is designed to meet different customer needs, from managing daily spending to building credit history.
• Home, Personal, Business, and Commercial Real Estate Loans: A wide range of loan products are available for individuals and businesses looking to finance a home, personal projects, business operations, or commercial real estate ventures.
• Mortgages and Home Equity Lines of Credit: Whether purchasing a new home or leveraging equity in an existing property, these options provide tailored solutions to property financing.
• Business Line of Credit, Standby Letters of Credit, SBA Lending: These services support business clients with flexible financing options, guaranteeing payments and facilitating small business administration loans for qualified enterprises.
• Overdraft Services and Paycheck Protection Programs: To ensure liquidity and financial stability, the company offers overdraft services and participated in the paycheck protection program for businesses affected by economic downturns.
• Cash and Wealth Management Services: Tailored to clients looking to optimize their financial assets, these services include professional management and advice on cash assets and investment strategies.
• Online and Mobile Banking Services: Recognizing the importance of accessible banking, Oconomowoc Bancshares, Inc., through Bank Five Nine, offers comprehensive online and mobile banking options, allowing clients to manage their accounts, make payments, and perform transactions securely from anywhere.