On August 29, 2017, Wayne Savings Bancshares, Inc. (the "company") hired James R. VanSickle, II as the new President and Chief Executive Officer of the company and its wholly owned subsidiary, Wayne Savings Community Bank (the Bank). Mr. VanSickle replaces David L. Lehman, who will remain as an employee of the company to offer transition assistance to Mr. VanSickle through December 31, 2017. Mr. Lehman will also remain as a director of the company and the Bank.

Mr. VanSickle will be appointed to the Boards of Directors of the company and the Bank at their next monthly meetings, which are currently scheduled to be held on September 28, 2017. Mr. VanSickle, who is 47 years of age, has been Chief Risk Officer and Senior Vice President at Farmers National Bank of Canfield, Canfield, Ohio, since July 2015.