North Shore Bank and Hometown Financial Group Complete Merger with Abington Bank
September 23, 2024
Hometown Financial Group and North Shore Bank completed the merger of Abington Bank into North Shore Bank, creating a combined community-bank franchise with more than $3 billion in assets and 25 branches across eastern Massachusetts and southern New Hampshire. The transaction consolidates Abington Bank as a division of North Shore Bank, expands Hometown Financial Group's scale and branch network, and enables enhanced digital banking, mortgage capability, and lending capacity.
- Buyers
- Hometown Financial Group, Inc., North Shore Bank
- Targets
- Abington Bank
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Transaction Type
- Divestiture
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