COMMUNITY SAVINGS BANCORP, INC. (NASDAQ:UBCP) Files An 8-K Other Events
Item 8.01 Other Events
holding company for Community Savings (the Bank), and the Bank
today issued the attached press release announcing that at a
special meeting of members of the Bank held on December 21, 2016,
the members voted to approve the Banks Plan of Conversion.
offering. The Companys stock offering and the simultaneous
mutual-to-stock conversion of the Bank are expected to close
during the week of January 9, 2017, subject to final regulatory
approvals and the Company will provide more information as soon
as it is available. You may also contact the stock information
center, toll-free, at (877) 821-5775 between 10:00 a.m. and 4:00
p.m., Eastern Time, Monday through Friday, except bank holidays.
the OTC Pink Marketplace upon the closing of the offering and
Conversion, which remain subject to final regulatory approvals,
including approval of the amount of stock sold in the offering.
statements about the offering. Forward-looking statements include
statements regarding anticipated future events and can be
identified by the fact that they do not relate strictly to
historical or current facts. They often include words such as
believe, expect, anticipate, estimate, and intend or future or
conditional verbs such as will, would, should, could, or may.
Forward-looking statements, by their nature, are subject to risks
and uncertainties. Certain factors that could cause actual
results to differ materially from expected results include delays
in consummation of the offering, delays in receiving final
regulatory approvals, increased competitive pressures, changes in
the interest rate environment, general economic conditions or
conditions within the securities markets, and legislative and
regulatory changes that could adversely affect the business in
which the Company and the Bank are engaged.
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(a)
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Financial Statements of Businesses Acquired.
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Not Applicable.
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(b)
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Pro Forma Financial Information
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Not Applicable.
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(c)
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Shell Company Transactions
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Not Applicable.
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(d)
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Exhibit 99
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Press Release dated December 23, 2016
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About COMMUNITY SAVINGS BANCORP, INC. (NASDAQ:UBCP)
United Bancorp, Inc. is a bank holding company. The Company has one subsidiary bank, The Citizens Savings Bank, Martins Ferry, Ohio (the Bank). The Bank operates two divisions for marketing purposes, The Community Bank, a division of The Citizens Savings Bank and The Citizens Bank, a division of The Citizens Savings Bank. The Bank serves customers in northeastern, eastern, southeastern and south central Ohio and is engaged in the business of commercial and retail banking in Belmont, Harrison, Jefferson, Tuscarawas, Carroll, Athens, Hocking, and Fairfield counties and the surrounding localities. The Bank provides a range of banking and financial services, which includes accepting demand, savings and time deposits and granting commercial, real estate and consumer loans. The Bank offers brokerage service through LPL Financial member National Association Of Securities Dealers/Securities Investor Protection Corporation (NASD/SIPC). COMMUNITY SAVINGS BANCORP, INC. (NASDAQ:UBCP) Recent Trading Information
COMMUNITY SAVINGS BANCORP, INC. (NASDAQ:UBCP) closed its last trading session 00.00 at 13.50 with 1,663 shares trading hands.
