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MESSAGE FROM THE BOARD OF DIRECTORS

Posted on: October 8, 2019

MESSAGE FROM THE BOARD OF DIRECTORS

As you are aware, American Savings Bank (“ASB”) Board of Directors entered into an Agreement to merge into Valley Central MHC, the mutual holding company for Valley Central Bank (“VCB”) on January 22, 2019.  The merger has closed effective August 30, 2019 and has received all regulatory and ASB member approval.  All banking offices of American Savings Bank are now branches of Valley Central Bank. In order for all Valley customers to utilize all the locations, a conversion of the 2 banks will occur November 16th and 17th, 2019.   All offices of Valley Central Bank will be CLOSED on Saturday, November 16th as part of the conversion.  All offices will open at the regular times beginning Monday, November 18, 2019.  We appreciate your business and patience as we go through this next step to becoming a better institution with additional product offerings and services.  You will be receiving additional correspondence as the conversion date becomes closer.