Oconee Financial Corp (OSBK)

Overview

Oconee Financial Corporation, established in 1960 and based in Watkinsville, Georgia, serves as the parent company for Oconee State Bank. This financial institution dedicates itself to the provision of comprehensive commercial and consumer banking services aimed at individuals, businesses, and communities primarily within Oconee County and its surroundings. With a network spanning full-service financial centers, a loan production office, and several ATMs across the region, Oconee Financial Corporation has firmly established its presence in the local banking sector, notably in Gwinnett County and Athens/Clarke County. The company's mission revolves around fostering community development and customer satisfaction through tailored banking products and innovative financial solutions.

Products and Services

Oconee Financial Corporation offers a wide array of banking products and services designed to meet the diverse needs of its customers. Each product and service is crafted to enhance the banking experience, offering both convenience and security.

• Deposit Products: The bank provides a variety of deposit options such as checking accounts, savings/money market accounts, individual retirement accounts (IRAs), and certificates of deposits (CDs). These accounts are designed to cater to the different savings and transactional needs of customers, offering features like interest earnings and financial security.
• Loan Services: Oconee Financial Corporation's loan portfolio includes consumer loans for personal needs, construction loans for building projects, commercial loans for business expansion, Small Business Administration (SBA) loans for small business support, and mortgage loans for homebuyers. Additionally, it offers lines of credit along with debit and credit card services, providing flexible financing and payment solutions.
• Electronic Banking: With the aim of facilitating easy access to banking services, the company provides online, mobile, and telephone banking platforms. These digital services enable customers to manage their accounts, pay bills, transfer money, and more, all from the convenience of their homes or on the go.
• Additional Services: Beyond traditional banking products, Oconee Financial Corporation offers several ancillary services such as bill pay, electronic statements, safe deposit boxes, overdraft protection, stop payment orders, wire transfers, and ACH advantage services. For businesses, services like merchant card processing, check recovery, and remote deposit capture are available, all designed to streamline operations and enhance efficiency. The bank also provides investment services, catering to the wealth management and investment needs of its clients.
• Convenient Access Points: The bank maintains a strategic network of full-service financial centers, a limited service loan production office, and ATMs across key locations. This ensures customers enjoy convenient access to banking services across Oconee County, Gwinnett County, Athens/Clarke County, and beyond, making banking accessible and hassle-free.