On October 31, 2017 FSB Bancorp, Inc. the holding company for Fairport Savings Bank announced that Dana C. Gavenda, President and Chief Executive Officer of the company and the bank will retire as Chief Executive Officer of the company and the bank, effective January 1, 2018. As part of the management succession, Mr. Gavenda has stepped down as president of the company and the Bank. He will remain on the Board of Directors of the company and the bank as executive chairman.

The Board of Directors appointed Kevin D. Maroney, the Chief Financial Officer and Chief Operating Officer of the company and the bank as President and Chief Financial Officer of the company and the bank. Mr. Maroney will become Chief Executive Officer of the company and the bank upon the retirement of Mr. Gavenda on January 1, 2018. Mr. Maroney was also appointed to the Board of Directors of the company and the bank.

Mr. Maroney has been the company's and/or the Bank's Chief Financial Officer and/or Chief Operating Officer since 2004. Prior to his employment with the Company and the Bank, from 1993 until 2004, Mr. Maroney served as Senior Vice President/Finance and Operations Officer with Wyoming County Bank, Warsaw, New York.