On January 22, 2016, the Boards of Directors of MSB Financial Corp. and Millington Bank appointed Raymond J. Vanaria to their respective Boards. His term of office will commence at the February 16, 2016 meeting of the Boards.

He has been appointed to the class of directors, the term of which expires at the 2018 Annual Meeting. It is expected that Mr. Vanaria will be appointed to the Audit Committee of the company. Mr. Vanaria is a member of the certified public accounting firm, Malesardi, Quackenbush, Swift & Company LLC, a firm he joined in 1983.

From July 1, 2014 to January 22, 2016, Mr. Vanaria served on the Board of Directors of ConnectOne Bancorp, headquartered in Englewood Cliffs, New Jersey and Chairman of the Audit Committee.