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Wayne Savings Bancshares, Inc. serves as the parent corporation for Wayne Savings Community Bank, which delivers a broad spectrum of banking products and services tailored for individuals, businesses, and various organizations. The bank provides a range of deposit accounts, including checking, savings, money market, and different types of certificates, such as term certificates and certificates of deposit. Its extensive lending options cover residential mortgages, commercial credit, installment loans, and financing for diverse real estate needs, including residential, nonresidential…

WOOSTER, Ohio and WHEELING, W.Va., May 31, 2024 (GLOBE NEWSWIRE) -- Wayne Savings Bancshares, Inc. (OTCQX: WAYN) ("Wayne"), the holding company of Wayne Savings Community Bank (“Wayne Savings”) and Main Street Financial Services Corp. (OTCPK: MSWV) ("Main Street"), the holding company of Main Street Bank Corp. (“Main Street Bank”), jointly announced today the closing of their previously announced merger.

WOOSTER, Ohio and WHEELING, W.Va. , May 31, 2024 /PRNewswire/ -- Wayne Savings Bancshares, Inc. (OTCQX: WAYN) ("Wayne"), the holding company of Wayne Savings Community Bank ("Wayne Savings") and Main Street Financial Services Corp. (OTCPK: MSWV) ("Main Street"), the holding company of Main Street Bank Corp. ("Main Street Bank"), jointly announced today the closing of their previously announced merger.

WOOSTER, Ohio, May 10, 2024 (GLOBE NEWSWIRE) -- On May 7, 2024, Wayne Savings Bancshares, Inc. (OTCQX: WAYN) (the “Company”) shareholders approved the agreement for the merger of Wayne Savings Bancshares, Inc. and Main Street Financial Services Corp. The inspector of elections delivered its final report of voting results for each of the matters submitted to a vote.

First Quarter 2024 Highlights Customer deposit balances increased by 10.3% annualized Nonperforming loan balances declined to 0.05% of net loans Received regulatory approval for merger with Main Street Financial Services, Corp. WOOSTER, Ohio, April 26, 2024 (GLOBE NEWSWIRE) -- Wayne Savings Bancshares, Inc. (OTCQX: WAYN), (the “Company”), the holding company parent of Wayne Savings Community Bank, reported net income (unaudited) of $1.5 million, or $0.70 per common share, for the three months ended March 31, 2024, a decrease of $0.7 million, or 32.5%, compared to $2.3 million, or $1.04 per common share, for the three months ended March 31, 2023. Net income, excluding the merger-related expenses (non-GAAP) for the three months ended March 31, 2024, was $1.7 million, or $0.78 per share.

WOOSTER, Ohio, March 28, 2024 (GLOBE NEWSWIRE) -- Wayne Savings Bancshares, Inc. (OTCQX:WAYN), (the “Company”), the holding company parent of Wayne Savings Community Bank (the “Bank”), has declared a cash dividend of $0.23 per share of the Company's common stock for the quarter ending March 31, 2024. The quarterly cash dividend will be paid on May 1, 2024, to stockholders of record as of April 17, 2024.