November 12, 2025
On November 6, 2025, Univest Financial Corporation, Souderton, Pennsylvania, the holding company for Univest Bank and Trust Co., completed a private issuance of $50.0 million of 6.00% Fixed-to-Floating Rate Subordinated Notes due 2035, with registration rights. The Company entered into a registration rights agreement with each of the purchasers of the Notes under which it will exchange the Notes for similar notes that are registered under the Securities Act of 1933.
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November 11, 2025
On November 7, 2025, Community Bank, N.A. ("Community Bank"), a wholly-owned subsidiary of Community Financial System, Inc., completed its acquisition of seven branches in the Allentown, Pennsylvania area from Santander Bank, N.A. ("Santander Bank"), as contemplated by the previously announced Purchase and Assumption Agreement, by and between Community Bank and Santander Bank, dated as of June 24, 2025. In addition, Nottingham Investment Services, Inc., Community Bank’s wholly-owned subsidiary, completed its acquisition from Santander Securities LLC, Santander Bank’s affiliate, of certain wealth management relationships associated with the acquired branches.
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November 5, 2025
On October 31, 2025, CFSB Bancorp, Inc., Quincy, Massachusetts, the holding company for Colonial Federal Savings Bank, and Hometown Financial Group, Inc., the holding company for bankESB, bankHometown, North Shore Bank, and Abington Bank, a division of North Shore Bank, completed their previously announced merger. Colonial Federal merged into North Shore Bank in an all-cash transaction valued at approximately $44 million.
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October 31, 2025
On October 29, 2025, IF Bancorp, Inc., Watseka, Illinois, and ServBanc, Holdco, Inc., Oswego, Illinois, entered into a merger agreement pursuant to which IF Bancorp will merge with and into ServBanc in an all-cash transaction valued at approximately $89.8 million, subject to certain potential adjustments described in the agreement.
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October 30, 2025
On October 29, 2025, OceanFirst Financial Corp., Red Bank, New Jersey, the holding company for OceanFirst Bank, N.A., completed a public offering of $185.0 million of 6.375% Fixed-to-Floating Rate Subordinated Notes due 2035.
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