Sherwood, OH – The Board of Directors of Sherwood Banc Corporation, parent company of The Sherwood State Bank, Sherwood, Ohio, has announced a dividend of $0.15 per share for shareholders on record as of July 31, 2015.
Mickey C. Schwarzbek, President/CEO, also reported the branch application has been filed for a new Fayette, OH, location with both the State of Ohio and FDIC.
Schwarzbek stated, “Building renovations are expected to be completed soon, allowing for a late 4th quarter opening. We have been welcomed by the community with open arms, and anticipate much growth from the surrounding communities.”
The bank will also offer a 70th celebration Open House in September. For more information, call 800-899-9531.
The market maker for the company’s stock is Community Banc Investments, Inc., Greig McDonald, 800-224-1013. Stock is not FDIC insured.