MONROEVILLE, Pa., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Standard AVB Financial Corp. (Nasdaq: STND) announced today that its stockholders approved the previously announced merger of Standard with and into Dollar Mutual Bancorp at a special meeting of stockholders held today. Subject to the receipt of all required regulatory approvals and the satisfaction of customary closing conditions, the parties expect to close the merger in the first half of 2021.

About Standard AVB Financial Corp.

Standard AVB Financial Corp., with total assets of $1.1 billion at September 30, 2020, is the parent company of Standard Bank, PaSB, a Pennsylvania chartered savings bank that operates 17 offices serving individuals and small to mid-sized businesses in Allegheny, Westmoreland and Bedford Counties, in Pennsylvania and Allegany County in Maryland. Standard Bank, founded in 1913, is a member of the FDIC and an Equal Housing Lender.