CFSB Bancorp and Hometown Financial Group Secure Regulatory Approvals for Merger
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CFSB Bancorp, Inc. and Hometown Financial Group, Inc. have secured regulatory approvals for their merger. Colonial Federal Savings Bank, a subsidiary of CFSB Bancorp, will merge into North Shore Bank, a subsidiary of Hometown Financial Group, with North Shore Bank as the surviving entity. The transaction is expected to be completed on October 31, 2025, pending shareholder approval and customary closing conditions.
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