Norwood Financial Corp Receives Regulatory Approvals for PB Bankshares Acquisition

Norwood Financial Corp, the holding company for Wayne Bank, has received final regulatory approvals for its proposed acquisition of PB Bankshares, Inc. and its wholly owned subsidiary, Presence Bank. The acquisition is subject to customary closing conditions and is expected to close on or about January 5, 2026. The deal was previously approved by PB Bankshares shareholders on December 11, 2025.