The Establishment and Commitment of the Sherwood State Bank

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.

Our Story


As the years passed, we found our business market expanding to the Defiance area 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 a full service facility was established in downtown Defiance on June 14, 2004. Our fourth full service branch was opened in Fayette, Ohio 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 Officers. Along with our outstanding service, you will find a full line of products tailored to meet your financial needs. 

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"Why should I bank with a Community Bank?"

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