Hometown Financial Seeks to Acquire Quincy-Based Colonial Federal Savings Bank in Massachusetts
July 30, 2025
July 30, 2025
WASHINGTON, July 30 (TNSFR) -- Hometown Financial Group of Easthampton, Massachusetts, has filed for federal approval to acquire Quincy-based Colonial Federal Savings Bank, a move that would unite two Massachusetts banking institutions.
Hometown Financial Group and its parent mutual holding company formally applied to merge with CFSB Bancorp Inc., the holding company for Colonial Federal Savings Bank. The proposed acquisition is now under review by federal regulators.
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Hometown Financial Group and its parent mutual holding company formally applied to merge with CFSB Bancorp Inc., the holding company for Colonial Federal Savings Bank. The proposed acquisition is now under review by federal regulators.
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