Featured Savings Rates
Featured Accounts
Overview / Commentary
419-899-2111
105 North Harrison Street
Sherwood, OH 43556

The Sherwood State Bank is headquartered in Sherwood and is the 155th largest bank in the state of Ohio. It is also the 4,830th largest bank in the nation. It was established in 1945 and as of March of 2018, it had grown to 24 employees at 4 locations. The Sherwood State Bank has a C health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. The Sherwood State Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #16222
Year Established1945
Employees24
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.42%
Return on Equity - YTD3.82%
Annual Interest Income$695.00K
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$64.8MM$64.7MM
LoansQ1 2018vs Q1 2017$40.2MM$36.9MM
DepositsQ1 2018vs Q1 2017$55.2MM$56.8MM
Equity CapitalQ1 2018vs Q1 2017$6.9MM$6.9MM
Loan Loss AllowanceQ1 2018vs Q1 2017$402.00K$380.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$2.0MM$706.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$103.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not The Sherwood State Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

The Sherwood State Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%$50-Statement Savings
0.03%--Health Savings Account
0.03%--Christmas Club
0.03%--Club Account
0.03%--IRA Statement Savings
0.03%--Self-Directed IRA Savings
0.03%--Youth Statement Savings

The Sherwood State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$50k*-Community Advantage Money Market Savings
OTHER TIERS: 0.07% Up to $5k | 0.10% $5k - $25k | 0.12% $25k - $50k
0.17%*$50k*-Money Market Savings
OTHER TIERS: 0.05% Up to $2,500 | 0.07% $2,500 - $25k | 0.10% $25k - $50k

The Sherwood State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$2,500*-Super Now Checking
OTHER TIERS: 0.03% Up to $2,500
0.03%$750-Now Checking

The Sherwood State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.26%$1k-48 Month CD
2.01%$1k-25 Month CD
1.25%$1k-30 Month CD
0.50%$1k-24 Month bump CD
0.50%$1k-13 Month CD
0.40%$1k-18 Month CD
0.20%$1k-12 Month CD
0.08%$1k-182 Day CD

The Sherwood State Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.27%$1k-48 Month IRA
1.00%$1k-30 Month IRA
0.50%$1k-12 Month IRA
Locations


The Sherwood State Bank Locations
The Sherwood State Bank105 North Harrison StreetSherwood, OH 43556
Ridgeville Corners Branch20478 US Highway 6Ridgeville Corners, OH 43555
Defiance Branch400 Third StreetDefiance, OH 43512
Fayette Branch121 W Main StFayette, OH 43521

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.