Banking Sign In
Lock Icon

Trust Officers

We know that as your life and your financial situation change, you face increasingly numerous and complex financial decisions. But there’s one thing you can always count on – South Ottumwa Savings Bank’s Trust and Investment Department’s commitment to helping you achieve your financial goals.
Tammy Kosman

Tammy Kosman
Vice President and Trust Officer

EMAIL

Tammy is a Vice President and Trust Officer for South Ottumwa Savings Bank. Tammy has over 30 years of experience serving the trust and financial needs of individuals and families. Tammy is responsible for trust and estate administration and new business development. Tammy earned a Bachelor of Finance from the University of Iowa and she is a graduate of the Cannon Financial Personal Trust School in trust administration and operations.

Samantha Ulin

Samantha Ulin
Assistant Trust Officer

EMAIL

Samantha is the Trust Assistant for South Ottumwa Savings Bank and has over 10 years of banking experience. Samantha is native to Ottumwa where she earned a Banking and Finance degree from Buena Vista University. She is also a graduate of the Cannon Financial Personal Trust School.

Linda Bickford

Linda Bickford
Trust Operations Assistant

EMAIL

Linda is the Trust Operations Assistant for South Ottumwa Savings Bank. Linda has over 30 years of trust operations experience. Linda graduated from AIB College of Business and she graduated from the Trust & Financial Services School.


Solutions

Trust & Trust Admin Solutions

At South Ottumwa Savings Bank, we understand that being a trustee requires not only a specialized array of investment and tax expertise, but also sensitivity to the needs and aspirations of the individuals for whose benefit a trust has been established.

As your appointed trustee, we dedicate ourselves to protecting your assets and fulfilling your intentions. This commitment goes far beyond overseeing distributions to beneficiaries. While maintaining objectivity, we understand the changing needs of every beneficiary. At South Ottumwa Savings Bank, we have expertise in exercising discretion as well as making tough decisions on your behalf.

As your trustee, we can be named in your trust agreement or your will. We can also act as successor trustee to you, a family member or other corporate trustee originally named in the document.

As trustee we:

  • Invest the trust assets
  • Objectively and thoughtfully exercise discretion according to your trust
  • Recommend solutions that utilize the full array of trust vehicles including: Revocable Trusts, Charitable Trusts, Trust under wills, Special Needs Trusts, and others
  • Actively address your needs as they evolve

Working with a dedicated team builds a close personal relationship that enables us to anticipate the needs of you and your family today, and for generations to come.

Investment Management Solutions

It can take a lifetime to accumulate wealth, so you need to work with a trusted partner to manage your assets. South Ottumwa Savings Bank can provide responsive and creative investment management solutions through a dependable process, experience and dedicated partnerships.

Before any investment solutions are recommended, we listen to you, analyzing your investment objectives, risk-tolerance levels, investment time horizon, cash flow needs and any other pertinent information. Based upon the results of this analysis, we create customized investment solutions and make recommendations on portfolio structure and the types of investment vehicles to be employed.

Schwartz Scholarship

Scholarship Application

 

EDWARD J. SCHWARTZ PERPETUAL EDUCATIONAL TRUST FUND SCHOLARSHIP APPLICATION, RULES AND GUIDELINES         

Applicant must be a resident of Wapello County.

Applicant must be enrolled in full time undergraduate course study at St. Ambrose University, University of Iowa, Iowa State University or the University of Northern Iowa.

Scholarship grants will be transferred directly to the student’s account in the Business Office of the University for tuition and/or books use.  No outright distributions will be made.  Should the recipient fail or drop out of the university (or drop below full time status as defined by the university) the scholarship will immediately be terminated and funds should be returned to the Edward J. Schwartz Trust.

Applications will be considered on the basis of scholastic performance, leadership and financial need.

Selection is made without regard to gender, race, national origin, creed, age, marital status or disability.

Scholarship awards will be limited to $1,500.00 or less per year.  Students receiving scholarships will be required to sign a Promissory Note for 1/3 of the amount received due in full 5 years from the date the note is signed.

Scholarship monies will be granted on a yearly basis.  Applicants may reapply annually for additional scholarships.  Any student may only receive the scholarship four times.

Applicant must attach a one-page essay expressing educational and occupational interests and goals. Also include personal interests and any extraordinary factors that should be considered by the scholarship committee.  The essay must be typewritten and returned with this application.

High school and university official transcripts (no photocopies) must be attached to this application.  (Include 1st semester of senior year.)  If applicant is presently in his/her Junior year of college, no high school transcript is required.  Incomplete applications will not be considered.  Pages 3 – 6 must be returned.

This application must be filled out in full and postmarked and/or delivered with official transcripts and essay no later than March 1st of the year of application to:

South Ottumwa Savings Bank   
Attn: Trust Department
320 Church St.  
PO Box 516
Ottumwa, IA  52501-0516

Routing # 073900690

NMLS # 769763


Mobile Apps

Download iOS

Download Android


Quick Links

Consumer Alerts

FAQs


Get In Touch

Branch Locations

Deluxe Check Re-Order