The Sherwood State Bank is a bank based in Sherwood, Ohio, established in 1945, with $106 million in total assets across 4 branches. By Trust Grade it ranks 68th of 157 banks we track in Ohio. Its capital ratio of 11.8% is stronger than 71% of similarly sized banks, versus a Ohio median of 10.3%. It was profitable over the most recent period, with a 0.70% return on assets. No consumer complaints against The Sherwood State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The Sherwood State Bank compares to Ohio peers
How we graded The Sherwood State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.8% capital ratio)
- Profitable (ROA 0.70%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Sherwood State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 105 N Harrison St, Sherwood, OH 43556
- 400 W 3rd St, Defiance, OH 43512
- 121 W Main St, Fayette, OH 43521
- 202 Stryker Street (State Route 2), Archbold, OH 43502
Are deposits at The Sherwood State Bank insured?
Yes. The Sherwood State Bank is an FDIC-insured bank (FDIC certificate #16222). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
The Sherwood State Bank: frequently asked questions
Is The Sherwood State Bank a good bank?
The Sherwood State Bank earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (11.8% capital ratio); Profitable (ROA 0.70%).
Is The Sherwood State Bank FDIC-insured?
Yes. The Sherwood State Bank is a FDIC-insured bank (FDIC certificate #16222). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The Sherwood State Bank?
The Sherwood State Bank holds $106 million in total assets, ranking 68th of 157 banks we track in Ohio. It operates 4 branches.
Does The Sherwood State Bank have CFPB complaints?
No CFPB complaints against The Sherwood State Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
