MSB Financial Corp. is a federally chartered company. It was established for the purpose of acquiring all of the capital stock that Millington Savings Bank (the Bank). The Bank is a chartered stock savings bank and its deposits are insured by the Federal Deposit Insurance Corporation. The Bank is regulated by the New Jersey Department of Banking and Insurance and the Federal Deposit Insurance Corporation. Its primary business is attracting retail deposits from the general public and using those deposits, together with funds generated from operations, principal repayments on securities and loans and borrowed funds, for its lending and investing activities. The Company is a savings and loan holding company. Its loan portfolio consists of one to four-family residential real estate mortgages, commercial real estate mortgages, construction loans, commercial loans, home equity loans and lines of credit, and other consumer loans. The Bank also invests in mortgage-backed securities.