Norwood Financial Corp Completes Acquisition of PB Bankshares

Reuters
2026.01.05 13:15
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Norwood Financial Corp has completed its acquisition of PB Bankshares, effective January 5, 2026. Presence Bank has been merged into Wayne Bank, expanding Norwood’s operations in Chester and Lancaster Counties, Pennsylvania. The combined organization now has approximately $2.9 billion in assets and operates 33 locations. Norwood’s President and CEO emphasized the broader range of products and services and the shared focus on community banking between the two organizations.