About Sherwood Banc Corporation
In 1945, Sherwood community leaders saw the need for a Community Bank that made decisions locally. The vision they had was for this Community Bank to make its decisions based on the benefit to the local community and the shareholders. Many local families agreed with the original founders’ vision. They invested a significant amount of capital in The Sherwood State Bank* by purchasing privately traded shares of stock. Through the years, many of these shares of stock have been passed down to their children and other local families. Unlike many of the large banks, the management and Board of Directors still operate The Sherwood State Bank around that same Community Bank vision.
* The Sherwood State Bank is a wholly owned subsidiary of Sherwood Banc Corporation.
Board of Directors
John B Wirth, Chairman of Board
Retired Owner, Wirth's Supermarket, Inc
Wesley C. Moats, Secretary
President, Mark Moats Ford
James K. Weaner, Vice Chairman
Partner, Weaner, Yoder, Hill, & Weber
Jeff Hange, Director
Ted Penner, Director
Penner Tax & Consulting LTD
Mickey C. Schwarzbek, Director
President/CEO, The Sherwood State Bank
Wes Schultz, Director
EHS Specialist, Johns Manville
Investments are not insured by the FDIC, are not deposits or guaranteed by the bank, and are subject to risks including the loss of principal.