Banks & Credit Unions
The Sherwood State Bank was formed in 1945 by a group of local business and community members who saw the need for a local Independent Community Bank. As the years passed, we found our business market expanding to the Defiance where we opened an in-store branch location. On August 22, 2000, after 55 years of successfully serving the Sherwood community, a second full-service branch office was opened in Defiance, Ohio. A third branch was established on March 23, 2001, when the Bank was approached by a group of community members from Ridgeville Corners, Ohio, about the need for a community bank in their location. The expansion continued as another group of community members requested a community bank in Fayette, Ohio and it was opened on April 1, 2016. Here at The Sherwood State Bank we pride ourselves on our dedication to Independent Community Banking with decisions that are made locally. That means you will find fast, friendly, courteous service from our dedicated staff of Customer Service Representatives and Officer. Along with our outstanding service, you will find a full line of products tailored to meet your financial needs.