On January 31, 2025, Catskill Hudson Bank, Kingston, NY and its parent company, Catskill Hudson Bancorp, Inc., completed its merger with Hudson Valley Credit Union, Poughkeepsie, NY.
Read More...On February 1, 2025, Freedom of Maryland Federal Credit Union, Bel Air, Maryland, completed its merger with Atlantic Financial Federal Credit Union, Hunt Valley, Maryland. Freedom of Maryland FCU, as the continuing credit union, has approximately $573.4 million in assets on a combined basis following the merger.
Read More...On January 31, 2025, PeoplesBancorp, MHC, Holyoke, Massachusetts, and SSB Community Bancorp MHC, Spencer, Massachusetts, completed their strategic partnership by merging. PeoplesBank and Cornerstone Bank, the bank subsidiaries of PeoplesBancorp, MHC and SSB Community Bancorp MHC, respectively, remain independent entities under a mutual multi-bank holding company.
Read More...On January 9, 2025, ESSA Bancorp, Inc., Stroudsburg, Pennsylvania, announced the signing of a merger agreement with CNB Financial Corporation, Clearfield, Pennsylvania, pursuant to which ESSA Bancorp will merge with and into CNB Financial Corporation in an all-stock transaction valued at approximately $214 million. ESSA Bancorp President and CEO Gary Olson, ESSA Bancorp Chairman Robert C. Selig, Jr. and ESSA Bancorp Director Daniel J. Henning will join the CNB Financial Corporation board of directors following the merger.
Read More...On December 30, 2024, Zeal Credit Union (“Zeal”), Livonia, Michigan, announced that it had entered into a definitive agreement to acquire substantially all the assets and assume substantially all the liabilities of Gogebic Range Bank, Ironwood, Michigan, the wholly-owned subsidiary of West End Financial Corp.
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