Norwood Financial Corp Completes Acquisition of PB Bankshares, Inc.
January 6, 20265 min
Norwood Financial Corp, the holding company for Wayne Bank, announced today that it had completed its acquisition of PB Bankshares, Inc. and its wholly-owned subsidiary, Presence Bank effective as of January 5, 2026. Presence Bank has been merged into Wayne Bank. At their election, PB Bankshares shareholders are receiving either $19.75 in cash or 0.7850 shares of Norwood common stock for each share of PB Bankshares common stock held subject to the allocation and proration...
