Columbia Financial (CLBK) Acquires RSI Bank

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Columbia Financial, Inc. to Acquire RSI Bank

December 1, 2021 4:01 PM EST

FAIR LAWN, N.J. and RAHWAY, N.J., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Columbia Bank MHC, Columbia Financial, Inc. (NASDAQ: CLBK) and Columbia Bank (collectively, Columbia), and RSI Bancorp, M.H.C., RSI Bancorp, Inc. and RSI Bank (collectively, RSI) announced today the signing of a definitive merger agreement.

Under the terms of the merger agreement, RSI Bancorp, M.H.C. and RSI Bancorp, Inc. will merge into Columbia Bank MHC, the mutual holding company parent of Columbia Bank, and Columbia Financial, Inc., the mid-tier stock holding company for Columbia... More