Materiality pending
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Columbia Financial received regulatory approval for Freehold Bank merger. Merger expected to complete by October 5, 2024. CLBK shares fell 1.5% despite favorable merger news. Freehold Bank enhances CLBK's community-oriented banking services. Year-to-date, CLBK shares declined 8.8% versus industry growth of 5.9%.
- Columbia Financial received regulatory approval for Freehold Bank merger.
- Merger expected to complete by October 5, 2024.
- CLBK shares fell 1.5% despite favorable merger news.
- Freehold Bank enhances CLBK's community-oriented banking services.
- Year-to-date, CLBK shares declined 8.8% versus industry growth of 5.9%.
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