On August 9, 2021, Orange County Bancorp, Inc., parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., closed its initial public offering of common stock. Orange County Bancorp sold 1,150,000 shares of its common stock at a public offering price of $33.50 per share, including 150,000 shares of common stock… Read more »

On August 5, 2021, BayVanguard Bank, Edgemere, Maryland, entered into a merger agreement with North Arundel Savings Bank, Pasadena, Maryland, pursuant to which North Arundel will merge with and into BayVanguard Bank. As part of the merger transaction, BV Financial, Inc., the mid-tier holding company of BayVanguard Bank, will issue additional shares of its common… Read more »

On July 28, 2021, Investors Bancorp, Inc., Short Hills, New Jersey, announced the signing of a definitive merger agreement with Citizens Financial Group, Inc., Providence, Rhode Island, pursuant to which Investors Bancorp, Inc. will merge with and into Citizens Financial Group, Inc. in a stock and cash transaction valued at approximately $3.5 billion. Investors Bancorp,… Read more »

On July 14, 2021, 1895 Bancorp of Wisconsin, Inc., Greenfield, Wisconsin, the holding company for PyraMax Bank, FSB, completed its conversion from the mutual holding company to the stock holding company form of organization and its related stock offering.  A total of 3,542,000 shares of common stock were sold in the subscription offering at a… Read more »

On July 14, 2021, Magyar Bancorp, Inc., New Brunswick, New Jersey, the holding company for Magyar Bank, completed its conversion from the mutual holding company to the stock holding company form of organization and its related stock offering.  A total of 3,910,000 shares of common stock were sold in the subscription offering at a price… Read more »