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.
Ottawa Savings Bank -Your neighborhood bank.