Wayne Savings Bancshares Inc. Announces Executive Changes
March 17, 2014 at 01:32 pm
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Wayne Savings Bancshares Inc. announced that the company's President and Chief Executive Officer, Rodney C. Steiger, announced to the Board of Directors of the company his intention to retire as of December 31, 2014. Mr. Steiger has served as Chief Executive Officer since January, 2011, and his retirement covers a career of over thirty-five years of service to the banking industry. Mr. Steiger will not continue to serve as a member of the Board of Directors of the company after he retires.
Mr. Steiger will continue to serve as the Company's President and Chief Executive Officer, will work with the Company's Board of Directors to ensure the successful identification of a successor Chief Executive Officer and, once a successor Chief Executive Officer is appointed, will facilitate in the transition of executive responsibilities.
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.
WAYNE SAVINGS BANCSHARES, INC. 
