FAQs

Glad you asked.

Answers to Frequently Asked Questions

How can I switch to Osgood State Bank?

If you are not currently our customer, we make it very easy for you to upgrade to Osgood State Bank. Click here for our upgrade kit. Follow the 5 easy steps and soon you will enjoy the ease and convenience of banking with Osgood State Bank.

 

Can I get my canceled checks returned to me?

To make check processing faster, federal law permits banks to replace original checks with “substitute checks”. These checks are similar in size to original checks with a slightly reduced image of the front and back of the original check. The front of the substitute check states, “This is a legal copy of your check. You can use it the same way you would use the original check”. You may use a substitute check as proof of payment just like the original check.

In an ongoing effort to reduce our costs, and thereby maintaining our low service charges, we have entered into an agreement with Federal Reserve Bank to only receive check images; therefore we no longer receive “original” checks. 

You can log into our Internet Banking program and download or print a copy of your canceled checks.

 

Are Osgood State Bank accounts FDIC-insured?

Yes. The standard insurance amount currently is $250,000 per depositor. To ensure funds are fully protected, depositors should understand their coverage limits. The FDIC provides separate coverage for deposits held in different account ownership categories. The coverage limits shown in the chart below refer to the total of all deposits that an accountholder has in the same ownership categories at each FDIC-insured institution. The chart below assumes that all FDIC requirements are met.

Product FDIC Deposit Coverage Limit
Single Accounts 
(owned by one person)
$250,000 per owner
Joint Accounts 
(two or more persons)
$250,000 per co-owner
Certain Retirement Accounts 
(includes IRAs)
$250,000 per owner
Revocable Trust Accounts $250,000 per owner per beneficiary up to 5 beneficiaries (more coverage is available with 6 or more beneficiaries subject to specific limitations and requirements)
Corporation, Partnership & Unincorporated Association Accounts $250,000 per corporation, partnership or unincorporated association
Irrevocable Trust Accounts $250,000 for the non-contingent, ascertainable interest of each beneficiary
Employee Benefit Plan Accounts $250,000 for the non-contingent, ascertainable interest of each plan participant
Government Accounts $250,000 per official custodian


How do I wire money from my account?

Go to your nearest Osgood State Bank branch and complete a wire transfer form. Our Customer Service Representative will prepare the transfer for you. You will need the routing number, account number, and name of person or business receiving the funds.



How do I wire money to my account?

Once you give your information to the person or business wiring funds to you, you will be credited the funds when we receive all correct information from the sender.

 

What is the Osgood State Bank fax number?

Osgood State Bank’s fax number is 419/582-2017. Our Loan Department fax number is 937/295-2977.

 

Where do I mail a deposit, loan payment, or line of credit payment?

Please enclose your account number.

Osgood State Bank
P.O. Box 69
Osgood OH 45351

 

Where do I mail a loan payoff?

Please enclose your account number.

Attn: Loan Department
Osgood State Bank
P. O. Box 29
Ft Loramie OH 45845-0029

 

When does Osgood State Bank mail my tax forms?

Osgood State Bank mails 1099s and all other tax forms by January 31st of each year.

 

What if there are two or more signers on my checking account?

Separate ATM/Debit cards will be issued, each with a different card number and separate PINs.