SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or (15) of the Securities Exchange Act of 1934
December 10, 1996
(Date of Report)
Commission File Number 33-53596
_____________________
FC BANC CORP.
(Exact name of registrant as specified in its charter)
Ohio 34-1718070
(State or other Juris- (IRS Employer
diction of incorporation Identification
or organization) Number)
Farmers Citizens Bank Building
Box 567
Bucyrus, Ohio 44820
(419) 562-7040
(Address, including zip code, and telephone number, including
area code, of registrant's principal executive offices)
_____________________
John O'Shea, Interim President and CEO
FC Banc Corp.
Farmers Citizens Bank Building
Box 567
Bucyrus, Ohio 44820
(419) 562-7040
(Name, address, including ZIP code, and telephone number,
including area code, of agent for service)
_____________________
ITEM 1. Changes in Control of Registrant
Phillip W. Gerber, Interim President and CEO of FC Ban c Corp.
and The Farmers Citizens Bank, Bucyrus, Ohio, its wholly owned subsidiary
has resigned his positions effective December 7, 1996. Mr. Gerber indicated
that his resignation will enable him to pursue other career opportunities.
Mr. Gerber also elected to resign as a member of the Board of Directors of
both FC Banc Corp. and The Farmers Citizens Bank, Bucyrus, Ohio.
It was announced today (December 10, 1996), by Robert D. Hord,
chairman of bank's board of directors that G. W. (Bill) Holden, an Atlanta
banker with broad experience n commumity banking, has been named the new
president and CEO of The Farmers Citizens Bank and FC Banc Corp.
Mr. Holden replaces Robert L. Morton who retired earlier this year.
The Board of Directors has designated John O'Shea, Marion, Ohio, to assume
responsibility as interim President and CEO until Mr. Holden formally joins
the bank later in the first quarter of 1997.
ITEM 2. Not Applicable
ITEM 3. Not Applicable
ITEM 4. Not Applicable
ITEM 5. Not Applicable
ITEM 6. Not Applicable
ITEM 7. Exhibit
Exhibit A - Press Release - December 10, 1996
ITEM 8. Not Applicable
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.
FC BANC CORP.
(Registrant)
December 10, 1996 /s/ John O'Shea
(Date) John O'Shea
Interim President and CEO
EXHIBIT A
MEDIA RELEASE
FOR IMMEDIATE RELEASE
FARMERS CITIZENS BANK
CONTACT: Robert D. Hord
(419) 562-7040
ATLANTA BANKER NAMED NEW PRESIDENT OF FARMERS CITIZENS BANK
BUCYRUS, Ohio, Dec. 10--G. W. (Bill) Holden, an Atlanta banker with broad
experience in community banking, has been named the new president and CEO of
the Farmers Citizens Bank and FC Banc Corp., it was announced today by Robert
D. Hord, chairman of the bank's board of directors.
Holden will replace Robert L. Morton who retired. The Board has designated
John O'Shea, Marion, Ohio to assume responsibility as interim President and CEO
until Holden formally joins the bank later in the first quarter of 1997, Hord
said.
"The board of directors of Farmers Citizens Bank and the FC Banc Corp. are,
after a long search, bring Mr. Holden to the bank because they are firmly
committed to keeping the bank independent, " Hord explained.
"The board views the addition of Mr. Holden as an important step forward in the
continuous growth and development of our bank. We are determined that Farmers
Citizens Bank remain a locally-owned bank and committed to playing an important
role in our city and county," he continued.
Holden joins Farmers Citizens Bank from Holden & Associates, a bank consulting
firm. He was the Principal in that firm since 1994.
Prior to forming Holden & Associates, he was president and CEO of Vinings Bank
& Trust in Atlanta. He previously held executive positions at Commercial Bank
of the South, Columbia, South Carolina; Branch Banking & Trust Company, Winston-
Salem, North Carolina; First Georgia Bank, Atlanta, and First National Bank of
Atlanta, Atlanta. Holden holds a B.A. in Political Science from Dickinson
College, Carlisle, Pennsylvania and a Masters in Business Administration from
Emory University, Atlanta, Georgia.
"I have a deep commitment to community banking," Holden said "I believe that
locally-owned financial institutions can, and will, continue to compete very
effectively in their local markets against huge bank-holding companies because
they stay in touch with their customers."
Holden said his wife Barbara is a native of Fostoria, Ohio and he expects to
move his family from Atlanta to Bucyrus as soon as the school year is completed.
He said they look forward to being back in Northwest Ohio. "Bucyrus is a stable
solid community with excellent family values and strong financial institutions."
Holden commented. "I look forward to becoming an active citizen as well as an
aggressive competitor for your banking business," he added.
Holden has been active in community affairs. He currently is a member of the
Board of Governors of Emory University; the Dean's Advisory Council, Goizueta
Business School, Emory University; and the Boy Scouts of America, Troop 795.
O'Shea is the owner of Banking $olutions, a Marion consulting company.
Previously, he had a 30 year career in banking, retiring as President and CEO
of a bank in Marion in 1995. Earlier he served as President and CEO of Ohio
Banks in Coshocton, Portsmouth, and Milford.
Farmers Citizens Bank, a subsidiary of FC Banc Corp. is an $83 million dollar
bank, founded in 1908. Besides its Main Office on Washington Square, the bank
operates branch offices at 233 North Sandusky Street and 1605 Marion Bucyrus
Road. Farmers Citizens is a member of the Federal Reserve, Ohio Bankers
Association, and the Community Bankers Association of Ohio. Its deposits are
ensured by the Federal Deposit Insurance Corporation. Farmers Citizens provides
24 hour banking through its ATM machine at the South and North Branches and
through the MAC and PLUS systems.