Articles from CSB Financial Inc.

CSB Financial Inc. (the “Company”), the stock holding company for Community Savings Bank (the “Bank”), completed its initial public offering in connection with the Bank’s conversion from the mutual-to-stock form of organization, effective today. The Company sold 1,375,435 shares of common stock to the Bank’s eligible depositors and other eligible subscribers in a Subscription Offering, which includes 112,235 shares sold to the Bank’s Employee Stock Ownership Plan, for gross offering proceeds (before deducting offering expenses) of approximately $13.8 million based on the offering price of $10.00 per share. The Company also issued 27,500 shares of common stock to Community Savings Bank Foundation, Inc. The Company has 1,402,935 shares of common stock issued and outstanding.

CSB Financial Inc. (the “Company”), the proposed stock holding company for Community Savings Bank (the “Bank”), announced today that all regulatory approvals have been received to complete the Bank’s conversion from the mutual-to-stock form of organization and the Company’s related initial public offering. The Bank’s members approved the conversion transaction, including the establishment and funding of a charitable foundation, at a Special Meeting of Members held on July 1, 2026.