Columbia Financial, Inc. Acquires Freehold Bank
November 24, 2021
Columbia Financial, Inc. (Columbia Bank) received required regulatory approvals to acquire Freehold MHC, Freehold Bancorp and Freehold Bank. The transaction, announced Nov. 24, 2021, was expected to close on December 1, 2021 and aims to expand Columbia's New Jersey branch network and realize cost savings from the combination.
- Buyers
- Columbia Financial, Inc.
- Targets
- Freehold Bank, Freehold Bancorp, Freehold MHC
- Sellers
- Freehold MHC, Freehold Bancorp, Freehold Bank
- Industry
- Financial Services
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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