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)
Location
Massachusetts, United States
Transaction Type
Buyout

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