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Home > Company Index > Banking > Banking - Midwest > Wayne Savings Bancshares, Inc.

Wayne Savings Bancshares, Inc.
Nasdaq (SC): WAYN
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 PROFILE
Holy bank vaults, Batman! Wayne Savings Bancshares is the holding company for Wayne Savings Community Bank and Village Savings Bank, which target individuals and local businesses through nine locations in north central Ohio. The centenarian bank company offers checking, savings, money market, and NOW accounts, as well as CDs. The banks are active in Ashland, Holmes, Medina, Stark, and Wayne counties. One- to four-family residential mortgages make up about 85% of the banks' loan portfolio, which also includes construction, commercial real estate, and consumer loans and multifamily mortgages. Wayne Savings Bancshares, M.H.C., which owns more than half of the company, is converting from a mutual to a stock corporation.

 COMPETITION
FirstMerit Corporation (FMER)
National City Corporation (NCC)
Park National Corporation (PRK)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 22.50
1-Yr. Sales Growth: 5.1%
Employees: 103
Revenue per employee: $218,446.60

 KEY PEOPLE
• Charles F. Finn
    CEO
• Todd Tappel
    CFO

 CONTACT INFO
151 N. Market St.
Wooster, OH 44691
US
Phone: 330-264-5767
Fax: 330-264-5908

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