VSB Bancorp Announces Repurchase Program of up to 100K Shares

VSB Bancorp, Inc.

, the holding company for Victory State Bank, announced today that its Board of Directors has authorized the Company's third Rule 10b5-1 stock repurchase program for the repurchase of up to 100,000 shares of the Company's common stock. The Company repurchased 200,000 shares of its common stock under two previous repurchase programs in 2008 and 2009. This third stock repurchase program will commence immediately, subject to market conditions.