Wayne Bank acquisition extends reach into two New York state counties

Norwood Financial Corp., the holding company for Wayne Bank headquartered in Honesdale, and Delaware Bancshares Inc., the holding company for NBDC Bank of Walton, New York, jointly signed a definitive merger agreement allowing Norwood Financial Corp. to acquire Delaware Bancshares, Inc. in a stock and cash transaction. The transaction will extend Norwood Financial Corp.’s footprint into neighboring Sullivan and Delaware counties, New York. The combined company will exceed [...]

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