Norwood Financial Corp, the holding company for Wayne Bank, has completed its acquisition of PB Bankshares, Inc. and its subsidiary Presence Bank, effective January 5, 2026. With this transaction, Presence Bank has been merged into Wayne Bank, expanding Norwood's reach into Chester and Lancaster Counties in Pennsylvania. The combined organization now has approximately $2.9 billion in assets and operates 33 office locations. Norwood’s President and CEO, James O. Donnelly, highlighted that the expanded company will offer a broader range of products and services, and emphasized the shared focus on community and relationship banking between the two organizations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Norwood Financial Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9619442-en) on January 05, 2026, and is solely responsible for the information contained therein.