Join our mailing list to receive OSB news on events, services and offers.

Home Equity Lines of Credit

Home Equity Line of Credit

A home equity line of credit, also known as a HELOC, allows you to borrow against your home’s equity. Our variable rate home equity loans are easy, affordable, reusable and offer a variety of financial benefits for homeowners.




Jim Rochetto

Jim has 27 years of banking experience. He is responsible for all aspects of the bank’s retail lending other than owner-occupied first mortgages. This includes business development, origination, underwriting and servicing. The loan products include home equity lines of credit, auto, boat and RV loans, and unsecured loans. Jim will also be working with small business clients to meet their credit needs as well.

Jim holds a BS in finance from Western Illinois University. He lives in Ladd with his wife Tammy. They have two grown daughters.

Click to Contact Jim Rochetto for your HELOC needs!



Audrey Sherwood

Audrey has been with Twin Oaks Savings Bank, now Ottawa Savings Bank, for nine years.  In addition to her duties as Assistant Branch Manager and Teller Supervisor, Audrey provides loan products that include home equity lines of credit, auto, boat and RV loans, and unsecured loans at the Marseilles branch.  Audrey is a graduate of the Community Banking Association of Illinois Consumer Lending Institute and the Community Bankers School.  She holds a Bachelor of Science degree in Finance from Devry University and is a member of the Career Development Division of the CBAI.

Click to Contact Audrey Sherwood for your HELOC needs!

Common Uses for a Home Equity Line of Credit include:

Benefits include: