Mid-Southern Bancorp Inc

OTC:MSVB

Mid-Southern Bancorp, Inc. is the savings and loan holding company of Mid-Southern Savings Bank, which it originates one-to-four family residential real estate mortgage loans inclusion home equity lines of credit, commerical, multifamily real estate, and construction loans. The company is headquartered in Salem, Indiana and currently employs 44 full-time employees. The company went IPO on 2018-07-12. The Bank is a federally chartered savings bank. The Bank’s principal business consists of retail deposits from the public and investing those funds, along with borrowed funds, in loans secured by first and second mortgages on one-to four-family residences (including home equity loans and lines of credit), commercial and multifamily, consumer and commercial business loans and, to a lesser extent, construction and land loans. The Bank offers a range of consumer loan products, including automobile loans, boat loans, manufactured homes not secured by permanent dwellings and recreational vehicle loans. The company offers a variety of deposit accounts that provide a range of interest rates and terms, including savings, money market, term certificate and checking accounts. The Bank offers its services to individuals, small and medium size businesses.