June 5, 2017
On June 5, 2017, Chelten Hills Savings Bank (“Chelten Hills”), Abington, Pennsylvania, and Penn Community Bank (“Penn Community”), Doylestown, Pennsylvania, announced that Chelten Hills will merge with and into Penn Community, with Penn Community as the resulting institution.
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June 5, 2017
On July 12, 2016, Marlborough Savings Bank (“Marlborough”), Marlborough, Massachusetts, and North Middlesex Savings Bank, (“North Middlesex”), Ayer, Massachusetts jointly announced that North Middlesex will merge with and into Marlborough.
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May 17, 2017
On May 17, 2017, Abington Bank (“Abington”), Abington, Massachusetts, and Avon Co-operative Bank, (“Avon”), Avon, Massachusetts, jointly announced that Avon will merge with and into Abington, with Abington as the resulting institution.
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April 28, 2017
On April 28, 2017, Newton Federal Bank, Covington, Georgia, completed its mutual holding company reorganization and concurrent initial public offering by Community First Bancshares, Inc. (“Community First”), the holding company of Newton Federal Bank.
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April 20, 2017
On April 20, 2017, PCSB Bank completed its mutual-to-stock conversion and concurrent initial public offering by PCSB Financial Corporation (“PCSB Financial”), Yorktown Heights, New York, the holding company of PCSB Bank, whereby PCSB Financial sold 17.8 million shares of its common stock at $10.00 per share.
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