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05/21/2025 /M & A

Hometown Financial Group to Acquire CFSB Bancorp, Inc. in $44 Million Deal

Hometown Financial Group, Inc. is set to acquire CFSB Bancorp, Inc. in a $44 million merger agreement, with CFSB shareholders receiving $14.25 in cash per share. The acquisition will lead to the merging of Colonial Federal Savings Bank into North Shore Bank, creating a $3.3 billion bank with 29 retail locations across Massachusetts and southern New Hampshire

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