Hometown Financial Group Acquires CFSB Bancorp (Colonial Federal Savings Bank)
November 1, 2025
Hometown Financial Group, Inc. has completed its acquisition of CFSB Bancorp, Inc., the bank holding company for Colonial Federal Savings Bank. Colonial Federal's four branches will operate as a division of North Shore Bank, expanding Hometown Financial Group's presence across eastern Massachusetts and the South Shore.
- Buyers
- Hometown Financial Group, Inc., North Shore Bank
- Targets
- CFSB Bancorp, Inc. (Colonial Federal Savings Bank)
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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