The origins of the Oostburg State Bank can be traced back to September 23^rd, 1907 when a group of 39 residents met to discuss the organization of a bank in Oostburg.  At 8:00 p.m. at Weiler’s Hall (located on the 1^st floor of the Oostburg House on the north west corner of Center Avenue and N. 10^th Street)

The Oostburg House 1908

Peter Daane was elected Chairman of the meeting and S.E. Huibregtse was elected Secretary.  Three tellers, Jacob Fuhrmann, E. Was, and John Brethouwer, were appointed. These “tellers” counted votes during the meeting.  When the group adjourned at 10:30 p.m. the groundwork for the foundation of the bank had been completed.

Peter Daane, the bank's first Chairman of the Board and first President

During the next five months additional meetings were held to continue the process of forming the Oostburg State Bank.  Land was purchased on the southeast corner of 10^th Street and Center Avenue allowing the bank to have a site for its new building.  On March 2^nd, 1908 the Oostburg State Bank opened its doors for business with $25,000 in capitol and two cashiers.  Serving as Directors in the order they were elected were: Peter Daane, Adrian (Ed) Faas, Jacob Fuhremann, John Theune, John Brethhouwer, S.E. Huibregtse, Adrian Brasser, Henry W. Wordes, Garret Graven.  The bank’s staff included: Peter Daane, President, Jacob Fuhremann, Vice President, John Brethouwer,Cashier, S.E. Huibregtse, Assistant Cashier.   

The bank's original building located on the
southeast corner of Center Avenue and S. 10^th Street

During 2008 your Oostburg State Bank will be recognizing and celebrating its 100^th anniversary.  From its humble beginning in March of 1908 the bank has grown to nearly $140 million in total assets and we employ over 30 people to serve our more than 4,000 customers located throughout Sheboygan County. 

In celebration of this milestone the bank has planned the following:

Coloring Contest
Lobby Refreshments
Prize Drawings
Food Drive
Bank Historical Book
Historical Lobby Displays
Newspaper and Radio Recognition
High School Athletic Half Time Events
Customer Appreciation Fry
Giveaway Items

The bank has ordered 100 specially minted custom silver anniversary coins to be given out as prizes during the year.  In addition, we had custom die cast banks produced that are replicas of the bank’s original building.  These banks will also be given away as prizes throughout the year and are available for sale.

Watch our web banner, newsletter, and Lakeshore Weekly ads for more details.