UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 17, 2008
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VSB Bancorp, Inc. |
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(Exact Name of Registrant as specified in its charter) |
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New York |
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0-50237 |
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11-3680128 |
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(State or other jurisdiction |
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Commission File |
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IRS Employer |
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4142 Hylan Boulevard, Staten Island, New York 10308 |
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Address of principal (Zip/Postal Code) executive offices |
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Registrant’s telephone number: 718-979-1100 |
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n/a |
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(Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
TABLE OF CONTENTS
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ITEM 5.02 |
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS |
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SIGNATURES |
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ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
Merton Corn, who retired as President and Chief Executive Officer of the Registrant in November 2007, has resigned as a director of the Registrant and its subsidiary, Victory State Bank. Mr. Corn is taking a position as an executive officer of another FDIC-insured depositary institution. In accordance with the requirements of the Depository Institutions Management Interlocks Act, Mr. Corn was required to resign from his position as a director of the Registrant and Victory State Bank because the institution where he will be an executive officer is located in the same city as the Registrant and Victory State Bank.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: November 17, 2008
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VSB Bancorp, Inc. |
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By: |
/s/ Raffaele M. Branca |
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Raffaele M. Branca |
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President, CEO and CFO |