CFSB Bancorp Acquisition Finalized
CFSB Bancorp completed its merger with Hometown Financial Group, Inc. effective October 31, 2025.
- Investor Payout: Shareholders receive $14.25 cash per share.
- Subsidiary Action: Colonial Federal Savings Bank merged into North Shore Bank.
- Delisting: CFSB common stock was suspended and removed from Nasdaq.
- Reporting Status: Successor Hometown Financial intends to file Form 15 to suspend CFSB’s reporting obligations.
- Management Change: All prior CFSB directors and officers ceased service immediately upon clo