Mid-Southern Bancorp and Mid-Southern Savings Bank announce shareholders approval of purchase and assumption

SALEM— Mid-Southern Bancorp, Inc. (the “Company”) (OTCQX: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), announced today that at the Company’s 2024 Annual Meeting of Shareholders: the Company’s shareholders approved the Bank’s Purchase and Assumption Agreement
with Beacon Credit Union and the Company’s Plan of Liquidation and Dissolution.

As previously disclosed, the P&A Transaction is expected to close in the fourth quarter of 2024, subject to customary closing conditions, including regulatory approvals.