NEW CASTLE, Pa. - First Shenango Bancorp's directors approved the repurchase of up to 5% of its common stock over the next year on the open market.

As of Sept. 30, it had 2.31 million outstanding common shares, 28,790 Treasury shares, and $46.27 million in stockholders equity.

First Shenango is the parent company of First Federal Savings Bank of New Castle.

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