Norwood Financial Corp to Acquire PB Bankshares Inc (Presence Bank)
December 12, 2025
Norwood Financial Corp, the holding company for Wayne Bank, received final regulatory approvals to acquire PB Bankshares, Inc. and its wholly owned subsidiary, Presence Bank. Subject to customary closing conditions, Norwood expects to close the merger on or about January 5, 2026, aiming to expand products and services across its market communities.
- Buyers
- Norwood Financial Corp
- Targets
- PB Bankshares, Inc., Presence Bank
- Industry
- Financial Services
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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