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Depositors approve SSB Bank's conversion plan

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Depositors approve SSB Bank's conversion plan

Pittsburgh-based SSB Bank's depositors approved the bank's plan to convert to a mutual holding company structure.

Under the plan, SSB Bancorp Inc. would become the bank's mid-tier holding company, with 45% of its shares to be sold in an offering and 55% to be owned by mutual holding company SSB Bancorp MHC.