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Disaster Relief Program


Consoling (002)

To assist families in the Ottawa/Naplate area who have been impacted by the devastating storms on February 28th, Ottawa Savings Bank is offering the following disaster relief loans.   Please call 815-433-2525 and ask for Jim Rochetto or stop in at any of our three locations for more information.   

Ottawa Savings Bank (OSB) customers can receive up to $10,000.00 in unsecured funds.

Community residents can receive up to $5,000.00 in unsecured funds.

APR = Annual Percentage Rate. Available to qualified applicants.  Terms and conditions apply.  Above rates and terms are available when you obtain a Disaster Relief Loan, are accurate as of March 2, 2017 and are subject to change at any time.  Maximum loan amount is $10,000.00 for OSB customers; $5,000.00 for non-OSB customers.  Automatic Funds Transfer from a deposit account to make the monthly payment is required.  Automatic Funds Transfer Discount does not apply to this program. Payment Example: Loan amount of $10,000.00 at a rate of 2.00% for 60 months with 3 months to first payment would have a monthly payment of $177.02.  Contact OSB for details: 815-433-2525.


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