BSB BANCORP, INC. (NASDAQ:BLMT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers;
Election of Directors;
Certain Oficers.
(the “Company”) appointed M. Patricia Brusch to the Company’s
Board of Directors. On the same date, Ms. Brusch was appointed to
the Board of Directors of Belmont Savings Bank, the Company’s
wholly owned subsidiary. The Company’s Board of Directors has
not determined which, if any, Board committees Ms. Brusch will
serve on.
Belmont town meeting member and member of the Town of Belmont
Capital Budget Committee and Permanent Building Committee. Ms.
Brusch is also a current and former member of several other
Belmont town and community boards and organizations. In addition,
Ms. Brusch has served as a director and the treasurer of the
Belmont Savings Bank Foundation since its formation in 2011. A
copy of the Company’s press release announcing Ms. Brusch’s
appointment is included as Exhibit 99.1 to this report and
incorporated herein.
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Exhibit
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Description
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99.1
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Press Release, dated June 15, 2017
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About BSB BANCORP, INC. (NASDAQ:BLMT)
BSB Bancorp, Inc. (BSB Bancorp) is a bank holding company of Belmont Savings Bank (the Bank). The Company’s Belmont Savings Bank is a chartered savings bank. The Bank’s business consists primarily of accepting deposits from the general public, small businesses and municipalities, and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans and investment securities. The Bank offers a range of deposit accounts, including relationship checking accounts for consumers and businesses, passbook and statement savings accounts, certificates of deposit, money market accounts, Interest on Lawyer Trust Accounts (IOLTA), commercial, municipal and regular checking accounts and Individual Retirement Accounts (IRAs).
