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FSB Community Bankshares' 2nd-stage conversion nears closing

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FSB Community Bankshares' 2nd-stage conversion nears closing

The second-stageconversion of Fairport, N.Y.-based is set toclose on or about July 13.

At that time, FSB Community Bankshares MHC and unit — the current mid-tier holding company for Fairport Savings Bank (MHC) — will cease to exist.FSB Bancorp Inc. willbecome the fully public stock holding company for Fairport Savings Bank.

FSB Community Bankshares Inc. common shares will no longerbe quoted under the trading symbol FSBC on the OTC Pink Marketplace at theclose of trading on or about July 13.

Nasdaq has approved the listing of FSB Bancorp common shareson the Nasdaq Capital Market. On or about July 14, such shares sold in theoffering and issued in the exchange are expected to start being traded on theNasdaq Capital Market under the trading symbol FSBC.

Sandler O'Neill & Partners LP is FSB Bancorp's sellingagent in the subscription and community offerings. Luse Gorman PC is serving aslegal counsel to FSB Community Bankshares Inc. and FSB Bancorp.