Wayne Savings Community Bank
FDIC #29847
📍 Wooster, Ohio
Wayne Savings Community Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1899. With assets of $800.20 Million, it operates 20 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: February 1, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
February 1, 2023
Satisfactory
April 1, 2020
Satisfactory
May 1, 2017
Satisfactory
💰 Financial Strength
Total Assets$800.20 Million
Total Deposits$656.64 Million
Equity Capital$47.47 Million
Net Income$5.89 Million
📈 Performance
ROA1.03%
ROE16.67%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1899
FDIC Cert29847
Holding CoWayne Savings Bancshares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 4:30 PM
Tuesday8:30 AM - 4:30 PM
Wednesday8:30 AM - 4:30 PM
Thursday8:30 AM - 4:30 PM
Friday8:30 AM - 5:00 PM
Saturday8:30 AM - 12:00 PM
SundayClosed
📜 Institutional History
2004
Merger / Acquisition
Acquired: Stebbins National Bank Of Creston
2003
Merger / Acquisition
Acquired: Village Savings Bank, F.s.b.
2003
Name Change
Name became: Changed Institution Name To Wayne Savings Community Bank.
1997
Relocation
Moved HQ to: 151 North Market Street, Wooster, OH 44691.