OSHKOSH, Wis. - OSB Financial Corp., the parent of Oshkosh Savings Bank, on Wednesday set a 12-cent cash dividend for the fourth quarter, up from nine cents a year ago.

Ronald J. Timmerman, president of $191 million-asset OSB, said the dividend will be payable Jan. 21 to shareholders of record at yearend. The dividend is the sixth consecutive one since the company was established in 1992.

In a related matter, Mr. Timmerman said the Office of Thrift Supervision has approved the opening of a branch in Ripon, Wis. He said he expects the branch to open in March.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.