Columbia Financial Gets Regulatory Nod to Merge Freehold Bank

Columbia Financial Inc. (CLBK) announced that it has received all regulatory approvals from the Office of the Comptroller of the Currency to complete Freehold Bank's merger into the company. The transaction and system integration are anticipated to be completed on Oct. 5, 2024, subject to customary closing requirements. Despite the favorable strategic move, shares of CLBK declined 1.5% yesterday due to subdued broader market sentiments. CLBK's Freehold Acquisition Details Columbia Financial announced the ac ...