
Hometown Financial Group Completes Acquisition of CFSB Bancorp, Inc.

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Hometown Financial Group has completed its acquisition of CFSB Bancorp, Inc., bringing Colonial Federal Savings Bank into North Shore Bank. This merger expands Hometown Financial's assets to $6.9 billion and increases its branch network to 56 locations across Massachusetts, Connecticut, and New Hampshire. The integration aims to enhance community banking services and charitable contributions through their program, The Giving Tree. Hometown Financial Group has executed eight strategic mergers in the past decade, reinforcing its market presence in eastern Massachusetts.

