Wayne Savings Bancshares, Inc. Declares Quarterly Dividend

Apr 03, 2001, 01:00 ET from Wayne Savings Bancshares Inc.

    WOOSTER, Ohio, April 3 /PRNewswire/ -- The Board of Directors of Wayne
 Savings Bancshares, Inc. (Nasdaq: WAYN), the stock holding company parent of
 Wayne Savings Community Bank of Wooster, Ohio, has declared a cash dividend of
 $.16 per share on the Company's common stock for the fourth fiscal quarter
 ending March 31, 2001.  This represents an annualized dividend of $.64 per
 share.  The quarterly cash dividend will be paid on April 26, 2001 to
 stockholders of record as of April 12, 2001.
     At December 31, 2000, Wayne Savings Bancshares, Inc. had total assets of
 $306.4 million, deposits of $268.3 million, and stockholders equity of
 $25.2 million.
     Wayne Savings Community Bank, the wholly-owned subsidiary of Wayne Savings
 Bancshares, Inc., was established in 1899 and operates eight full-service
 offices in Wayne, Holmes, Ashland, and Medina counties, in addition to its
 Village Savings Bank F.S.B. subsidiary in Stark County.
 
 

SOURCE Wayne Savings Bancshares Inc.
    WOOSTER, Ohio, April 3 /PRNewswire/ -- The Board of Directors of Wayne
 Savings Bancshares, Inc. (Nasdaq: WAYN), the stock holding company parent of
 Wayne Savings Community Bank of Wooster, Ohio, has declared a cash dividend of
 $.16 per share on the Company's common stock for the fourth fiscal quarter
 ending March 31, 2001.  This represents an annualized dividend of $.64 per
 share.  The quarterly cash dividend will be paid on April 26, 2001 to
 stockholders of record as of April 12, 2001.
     At December 31, 2000, Wayne Savings Bancshares, Inc. had total assets of
 $306.4 million, deposits of $268.3 million, and stockholders equity of
 $25.2 million.
     Wayne Savings Community Bank, the wholly-owned subsidiary of Wayne Savings
 Bancshares, Inc., was established in 1899 and operates eight full-service
 offices in Wayne, Holmes, Ashland, and Medina counties, in addition to its
 Village Savings Bank F.S.B. subsidiary in Stark County.
 
 SOURCE  Wayne Savings Bancshares Inc.