CFSB Bancorp, Inc. has announced an update regarding its merger agreement with Hometown Financial Group, MHC, Hometown Financial Group, Inc., Hometown Financial Acquisition Corp. II, and 15 Beach, MHC. As per the agreement, 15 Beach will merge into MHC, with MHC emerging as the surviving entity. Following this, Hometown Financial Acquisition Corp. II will merge into CFSB Bancorp, Inc., making the latter the surviving corporation. Subsequently, CFSB Bancorp, Inc. will merge into Hometown Financial Group, Inc., with Hometown as the surviving entity. This series of mergers is designed to streamline operations and enhance the strategic positioning of the involved entities.
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. CFSB Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-197283), on September 05, 2025, and is solely responsible for the information contained therein.