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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October 16, 2025
On October 15, 2025, Seneca Bancorp, Inc., Baldwinsville, New York, the holding company for Seneca Savings Bank, National Association, completed its conversion from the mutual holding company to the stock holding company form of organization and its related stock offering. At the same time, Seneca Savings Bank converted its charter from a federal savings association to a national banking association. A total of 1,044,858 shares of common stock were sold in the offering at $10.00 per share. Seneca Bancorp’s common stock is quoted on the OTCQX Market under the symbol "SNNF."
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