- **CFSB Bancorp, Inc.** and Hometown Financial Group, Inc. have received the necessary regulatory approvals from the Board of Governors of the Federal Reserve System and the Massachusetts Division of Banks for their previously announced merger.  **[1879103_0001193125-25-245550_d53503d8k.htm:1]** 
- The merger also includes Colonial Federal Savings Bank, a wholly owned subsidiary of CFSB Bancorp, merging with and into North Shore Bank, a wholly owned subsidiary of Hometown Financial.  **[1879103_0001193125-25-245550_d53503d8k.htm:1]** 
- The companies anticipate closing the merger on **October 31, 2025**, subject to the satisfaction of customary closing conditions.  **[1879103_0001193125-25-245550_d53503d8k.htm:1]** 
- CFSB Bancorp's shareholders approved the merger at a special meeting held on **September 16, 2025**.  **[1879103_0001193125-25-245550_d53503d8k.htm:1]**

CFSB Bancorp Receives Regulatory Approvals for Merger

- CFSB Bancorp, Inc. held a Special Meeting of Shareholders on **September 16, 2025**.  **[1879103_0001193125-25-206477_d44175d8k.htm:1]** 
- Shareholders **approved** the Agreement and Plan of Merger, under which CFSB Bancorp, Inc. will merge with Merger Sub, becoming a wholly-owned subsidiary of Hometown Financial Group, Inc..  **[1879103_0001193125-25-206477_d44175d8k.htm:1]** 
- Additionally, Colonial Federal Savings Bank will merge with and into North Shore Bank.  **[1879103_0001193125-25-206477_d44175d8k.htm:1]** 
- The merger proposal was approved with **5,569,550 votes For**, compared to **11,856 Against** and **10,100 Abstain**.  **[1879103_0001193125-25-206477_d44175d8k.htm:1]**

CFSB Bancorp, Inc. /MA/ (CFSB)