Wayne Savings Bancshares, Inc. operates as the holding company for Wayne Savings Community Bank, which offers financial services in Ohio. The bank accepts NOW, passbook savings, money market deposit, term certificate accounts, and individual retirement accounts. It also offers one-to four-family residential, residential construction loans, and nonresidential real estate/land loans. The company's investment portfolio includes investments in mutual funds, corporate bonds and notes, U.S. government and agency securities, and obligations of state and political subdivisions. As of March 31, 2005, the bank operated 11 full-service offices in Wayne, Holmes, Ashland, Medina and Stark counties in northeast Ohio. Wayne Savings was founded in 1899 and is headquartered in Wooster, Ohio.
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