Ottawa Bancorp completes stock repurchase program

Ottawa Bancorp, Inc. (OTCQX: OTTW) announced it has completed its stock repurchase program. The company repurchased 120,996 shares of its common stock at an average price of $15.01 per share.

Ottawa Bancorp serves as the holding company for OSB Community Bank, which provides financial services to individual and corporate customers in the United States. The bank offers deposit accounts including checking, money market, savings, and certificate accounts, along with retirement accounts.

OSB Community Bank's loan portfolio includes residential mortgages, multi-family and commercial real estate loans, construction loans, auto loans, and home equity lines of credit. The bank was founded in 1871 and operates from its headquarters in Ottawa, Illinois.

The information is based on a company press release statement.

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