Mid-Southern Bancorp, Inc. Announces Charles W. Lamb Not Standing for Member of the Board of Directors
January 27, 2021 at 04:06 pm EST
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On January 27, 2021, Charles W. Lamb, a current member of the Board of Directors of Mid-Southern Bancorp, Inc. with a term expiring at the Company's 2021 Annual Stockholder Meeting notified the Company he will not stand for re-election at the 2021 Annual Meeting. Mr. Lamb's service as a director will end effective as of the 2021 Annual Meeting. Mr. Lamb's retirement from the Board did not result from a disagreement with the Company.
Mid-Southern Bancorp, Inc. is the savings and loan holding company of Mid-Southern Savings Bank, FSB (the Bank). The Company's business activities are primarily conducted through Mid-Southern Savings Bank, a federally chartered savings bank. Mid-Southern Savings Bank conducts business from its main office in Salem and through its branch offices located in Mitchell and Orleans, Indiana and loan production offices located in New Albany, Indiana and Louisville, Kentucky. The Bank's business consists of originating one-to-four-family residential real estate mortgage loans, including home equity lines of credit, commercial and multi-family real estate, and construction loans. It also offers commercial business and other consumer loans. It offers a variety of retail deposits to the general public in the areas surrounding its main office and its branch offices.