Cornerstone Bank to Acquire Athol Savings Bank (Merger Agreement)

Princeton Bancorp Acquires Cornerstone Financial Corporation

January 18, 2024

Financial Services

Princeton Bancorp, Inc., the parent of The Bank of Princeton, agreed to acquire Cornerstone Financial Corporation, the holding company of Cornerstone Bank, in a stock-and-cash merger valued at approximately $17.9 million. The deal, approved by both boards, will add Cornerstone’s ~ $321 million in assets and six branch locations to Princeton’s footprint in southern New Jersey and is expected to close in mid-2024 pending regulatory and shareholder approvals.

CoastalSouth Bancshares Acquires Cornerstone Bancshares

April 23, 2021

Financial Services

CoastalSouth Bancshares, parent of Coastal States Bank, completed the acquisition of Cornerstone Bancshares, the parent of Cornerstone Bank, expanding Coastal States Bank's presence in the Atlanta metropolitan area. The deal increases CSB's deposit footprint in Atlanta to over $550 million and brings Cornerstone's three Atlanta branches and client base into CSB's community banking platform.

North Shore Bank and Hometown Financial Group Complete Merger with Abington Bank

September 23, 2024

Financial Services

Hometown Financial Group and North Shore Bank completed the merger of Abington Bank into North Shore Bank, creating a combined community-bank franchise with more than $3 billion in assets and 25 branches across eastern Massachusetts and southern New Hampshire. The transaction consolidates Abington Bank as a division of North Shore Bank, expands Hometown Financial Group's scale and branch network, and enables enhanced digital banking, mortgage capability, and lending capacity.

Cornerstone Capital Bancorp Acquires Peoples Bancorp to Form Texas Growth Platform

March 3, 2026

Financial Services

Cornerstone Capital Bancorp, Inc., the holding company for Cornerstone Capital Bank, signed and later completed the acquisition of Peoples Bancorp, Inc., the holding company for Peoples Bank of Lubbock, Texas. The merger creates a combined Texas-focused growth platform with more than $3.4 billion in assets, retaining all Peoples Bank branches and employees and integrating Peoples Bank as a division of Cornerstone.

East Cambridge Savings Bank Acquires Patriot Community Bank

August 1, 2022

Financial Services

East Cambridge Savings Bank completed the acquisition of Woburn-based Patriot Community Bank, effective August 1, 2022. The merger adds Patriot's branch at 237 Lexington Street as East Cambridge Savings Bank's eleventh full-service location and expands the bank's market footprint into Woburn, Massachusetts.

Hope Bancorp Completes Merger With Territorial Bancorp

April 2, 2025

Financial Services

Hope Bancorp completed its merger with Territorial Bancorp, the holding company for Territorial Savings Bank. Effective April 2, 2025, Territorial Savings Bank operates under the Territorial Savings trade name as a division of Bank of Hope.