Wayne Savings Bancshares, Inc. and Wayne Savings Community Bank Announce Board Changes
September 29, 2017 at 02:28 pm
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On September 28, 2017, Daniel R. Buehler resigned from the Board of Directors of Wayne Savings Bancshares, Inc. Mr. Buehler also resigned from the Board of Directors of Wayne Savings Community Bank effective September 28, 2017. Mr. Buehler's decision to resign was not the result of any disagreement with Wayne Savings Bancshares, Inc. President James (Jay) R. VanSickle was appointed as a Director to the boards of Wayne Savings Bancshares, Inc. and Wayne Savings Community Bank to fill the vacancy created by the resignation of Daniel R. Buehler. Mr. VanSickle will serve as a member of the Executive Committee of the Board of Wayne Savings Bancshares, Inc. Mr. VanSickle served as Chief Risk Officer and Senior Vice President at Farmers National Bank of Canfield, from July 2015 through August 25, 2017. Mr. VanSickle served as Chief Financial Officer and Senior Vice President of National Bancshares Corporation and its wholly owned subsidiary, First National Bank of Orrville from June 2007 through July 2015.
Wayne Savings Bancshares, Inc. operates as the holding company for Wayne Savings Community Bank (the Bank) that provides personal and business banking products and services to individuals, businesses, and other organizations. The Company offers checking, savings, money market, and term certificate accounts, as well as certificates of deposit. It also provides residential mortgage, commercial, installment, residential and nonresidential real estate, commercial real estate, residential construction, multi-family real estate, land, commercial business, consumer, home, home equity, auto, recreational vehicle, personal, furniture and appliance, agriculture, and term loans, as well as lines of credit, government guaranteed programs, and standby letters of credit. In addition, the Bank offers financial planning, retirement planning, investment advisory, insurance, and wealth management and trust services. It operates in approximately 13 banking locations.