On July 29, 2026, CSB Financial Inc., Bethel, Ohio, completed its stock offering in connection with the mutual-to-stock conversion of Community Savings Bank. A total of 1,375,435 shares of common stock were sold at a price of $10.00 per share. CSB Financial also issued 27,500 shares of common stock to Community Savings Bank Foundation, Inc. CSB Financial’s common stock is quoted on the OTCQB Market under the symbol “CSBA”.
Luse Gorman served as legal counsel to CSB Financial in the transaction. The Luse Gorman team included Kip Weissman, Victor L. Cangelosi, Max Seltzer, and Thomas P. Hutton.
Community Savings Bank had approximately $111.2 million in assets at March 31, 2026, and operates two full-service offices in Bethel and Greenfield, Ohio.
Since 2000, Luse Gorman has been the leading law firm in the United States in mutual holding company transactions and mutual-to-stock conversions, based on number of transactions. Click here to learn more about our capital markets and corporate finance services.
