– USA, OH – Wayne Savings Bancshares, Inc. (OTC: WAYN), the holding company parent of Wayne Savings Community Bank, today announced the nomination of Lance Ciroli to the Board of Directors of both Wayne Savings Bancshares, Inc. and its wholly-owned subsidiary Wayne Savings Community Bank at 2022 AGM on April 28, 2022.
About Lance J. Ciroli
Mr. Ciroli was employed with the Office of the Comptroller of the Currency, U.S. Treasury for 33 years. At the time of his retirement from the OCC in 2008, Mr. Ciroli was the Assistant Deputy Comptroller responsible for both the Cleveland, Ohio and Detroit, Michigan offices for the OCC. Mr. Ciroli joined the Board of Directors of a local community bank in October 2010. He then served as the Chairman of the Board from October 2011 until his retirement in April 2021. At the time of his retirement, he was also a member of the Executive Committee, and Audit Committee and chaired the Enterprise Risk Management Committee.
About Wayne Savings Bancshares
Established in 1899, Wayne Savings Community Bank, the wholly-owned subsidiary of Wayne Savings Bancshares, Inc., has twelve full-service banking locations in the communities of Wooster, Ashland, Millersburg, and Rittman, Lodi, North Canton, Creston, Fredericksburg and Washingtonville, Ohio. On December 31, 2021, Wayne Savings Bancshares, Inc. reported total assets of $636.0 million, deposits of $540.5 million, and stockholders’ equity of $53.6 million, or 8.4% of total assets.
For more information: https://www.waynesavings.com/
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