April 21, 2018 11:14 PM ET

Banks

Company Overview of Fairport Savings Bank

Company Overview

Fairport Savings Bank offers banking and financial services. The company provides checking and savings, lending, mortgage, and business banking solutions. Fairport Savings Bank was formerly known as Fairport Savings and Loan Association and changed its name to Fairport Savings Bank in December 1999. The company is based in Fairport, New York. Fairport Savings Bank operates as a subsidiary of FSB Bancorp, Inc.

45 South Main Street

Fairport, NY 14450

United States

Phone:

585-223-9080

Fax:

585-223-1302

Key Executives for Fairport Savings Bank

President, CEO & Director
Age: 59
Vice President, Principal Financial Officer & Treasurer
Senior Vice President of Lending and Senior Vice President of Lending - FSB Bancorp Inc
Age: 61
Compensation as of Fiscal Year 2017.

Fairport Savings Bank Key Developments

FSB Bancorp, Inc. and Fairport Savings Bank Announces Management Changes

Effective January 1, 2018, Kevin D. Maroney will no longer serve as Chief Financial Officer of FSB Bancorp, Inc. (the Company) and Fairport Savings Bank (the Bank). Mr. Maroney will become President and Chief Executive Officer of the company and the Bank as of January 1, 2018. In addition, Terence O'Neil and Robert W. Sturn, both directors of the company, will retire from the company's Board of Directors effective December 31, 2017. The company has reduced the size of its Board from 11 members to nine members in connection with the retirements. On December 19, 2017, the Board of Directors of the company and the Bank appointed Angela M. Krezmer as Vice President, Principal Financial Officer and Treasurer of the company and the Bank effective January 1, 2018. Ms. Krezmer has been the Bank's Treasurer or Assistant Treasurer since 2014. She has held various accounting positions at the Bank since 2008.

FSB Bancorp, Inc. and Fairport Savings Bank Announce Executive Changes, Effective January 1, 2018

On October 31, 2017 FSB Bancorp, Inc. the holding company for Fairport Savings Bank announced that Dana C. Gavenda, President and Chief Executive Officer of the company and the bank will retire as Chief Executive Officer of the company and the bank, effective January 1, 2018. As part of the management succession, Mr. Gavenda has stepped down as president of the company and the Bank. He will remain on the Board of Directors of the company and the bank as executive chairman. The Board of Directors appointed Kevin D. Maroney, the Chief Financial Officer and Chief Operating Officer of the company and the bank as President and Chief Financial Officer of the company and the bank. Mr. Maroney will become Chief Executive Officer of the company and the bank upon the retirement of Mr. Gavenda on January 1, 2018. Mr. Maroney was also appointed to the Board of Directors of the company and the bank. Mr. Maroney has been the company's and/or the Bank's Chief Financial Officer and/or Chief Operating Officer since 2004. Prior to his employment with the Company and the Bank, from 1993 until 2004, Mr. Maroney served as Senior Vice President/Finance and Operations Officer with Wyoming County Bank, Warsaw, New York.

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Recent Private Companies Transactions

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